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PG²

Active
Private limited companyfounded 2020active for 6 yearsRiemsterweg 117, 3742 Bilzen-Hoeselt, Belgium11 active companies are registered at this addressKBO/BCE: BE 0746.735.001
Summary

PG² has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €233,332. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 95% of 2,551 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Turnover
≈ €710,000
Estimated: probably between €510,000 and €930,000
Total assets
€1.2m▲ 27.0%
2024 · €926,915
Net result
€233,332▲ 10.8%
2024 · €210,505
Working capital
€411,370▼ 53.1%
2024 · €878,038
Trend over the years

2021 to 2025, 5 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 2% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.3m 2025 Net result€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€0.5m-€0.2m▼ 70.4%€0.2m▲ 22.4%€0.3m▲ 44.6%€0.3m▲ 1.7%
Net result€0.4mabove the sector's middle half-€0.1mwithin the sector's middle half▼ 69.3%€0.1mabove the sector's middle half▲ 16.9%€0.2mabove the sector's middle half▲ 47.4%€0.2mabove the sector's middle half▲ 10.8%
Equity€0.4mabove the sector's middle half-€0.5mwithin the sector's middle half▲ 30.4%€0.7mwithin the sector's middle half▲ 27.2%€0.9mabove the sector's middle half▲ 31.5%€1.1mabove the sector's middle half▲ 26.6%
Total assets€0.6mabove the sector's middle half-€0.7mwithin the sector's middle half▲ 18.4%€0.7mwithin the sector's middle half▲ 6.3%€0.9mwithin the sector's middle half▲ 25.6%€1.2mwithin the sector's middle half▲ 27.0%
Debt€0.2m-€0.2m▼ 7.8%€0.07m▼ 58.5%€0.05m▼ 30.5%€0.07m▲ 35.5%
Working capital€0.4mabove the sector's middle half-€0.5mabove the sector's middle half▲ 30.4%€0.7mabove the sector's middle half▲ 27.2%€0.9mabove the sector's middle half▲ 31.5%€0.4mabove the sector's middle half▼ 53.1%
Solvency68.6%within the sector's middle half-75.6%above the sector's middle half▲ 6.9pp90.5%above the sector's middle half▲ 14.9pp94.7%above the sector's middle half▲ 4.3pp94.4%above the sector's middle half▼ 0.4pp
Current ratio3.19within the sector's middle half-4.09above the sector's middle half▲ 0.9110.49above the sector's middle half▲ 6.3918.96above the sector's middle half▲ 8.488.65above the sector's middle half▼ 10.31
Return on assets (ROA)67.8%above the sector's middle half-17.6%above the sector's middle half▼ 50.2pp19.4%above the sector's middle half▲ 1.8pp22.7%above the sector's middle half▲ 3.4pp19.8%above the sector's middle half▼ 2.9pp
above within below the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
  • 2022 Net result -69% on 2021. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €712,500
Current assets €465,121
Equity and liabilities €1.2m
Equity €1.1m ▲ 26.6%
Debt €66,251 ▲ 35.5%
Debt's share of the balance-sheet total rises from 5.3% to 5.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Quick ratio
4.75▼
2024 · 14.67
Debt to equity
0.06▲
2024 · 0.06
ROE
21.0%▼
2024 · 24.0%
Debt ≤ 1 year
€53,751▲
2024 · €48,877
Debt > 1 year
€12,500
Income taxes
€71,787▼
2024 · €72,271
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.9m€1.2m▲
Fixed assets21/28-€0.7m
Financial fixed assets28-€0.7m
Current assets29/58€0.9m€0.5m▼
Stocks and contracts in progress3€0.2m€0.2m=
Stocks30/36€0.2m€0.2m=
Amounts receivable within one year40/41€0.3m€0.2m▼
Trade receivables40€0.3m€0.2m▼
Other amounts receivable41€0.01m€189▼
Current investments50/53€0.4m€0.007m▼
Cash at bank and in hand54/58€0.03m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€0.9m€1.2m▲
Equity10/15€0.9m€1.1m▲
Contributions10/11€0.005m€0.005m=
Reserves13€0.9m€1.1m▲
Distributable reserves133€0.9m€1.1m▲
Amounts payable17/49€0.05m€0.07m▲
Amounts payable after more than one year17-€0.01m
Other amounts payable178/9-€0.01m
Amounts payable within one year42/48€0.05m€0.05m▲
Trade debts44€0.01m€0.01m▼
Suppliers440/4€0.01m€0.01m▼
Advances received on contracts in progress46-€0.03m
Taxes, remuneration and social security45€0.04m€0.02m▼
Taxes450/3€0.04m€0.02m▼
Other amounts payable47/48€371-
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▲
Gross operating margin9900€0.3m€0.3m▲
Operating profit (loss)9901€0.3m€0.3m▲
Financial income75/76B€0.005m€0.02m▲
Recurring financial income75€0.005m€0.02m▲
Financial charges65/66B€154€235▲
Recurring financial charges65€154€235▲
Profit (loss) for the period before taxes9903€0.3m€0.3m▲
Income taxes67/77€0.07m€0.07m▼
Profit (loss) for the period9904€0.2m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.2m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Transfer to equity691/2€0.2m€0.2m▲
To other reserves6921€0.2m€0.2m▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€62€287€9,296€674€687▲ 1.8%
Gross operating margin9900€530,147€157,326€201,536€278,587€283,252▲ 1.7%
Operating profit (loss)9901€530,085€157,039€192,239€277,912€282,566▲ 1.7%
Financial income75/76B---€5,018€22,787▲ 354%
Recurring financial income75---€5,018€22,787▲ 354%
Financial charges65/66B€91€748€315€154€235▲ 52.7%
Recurring financial charges65€91€748€315€154€235▲ 52.7%
Profit (loss) for the period before taxes9903€529,994€156,290€191,925€282,776€305,119▲ 7.9%
Income taxes67/77€132,498€34,073€49,105€72,271€71,787▼ 0.7%
Profit (loss) for the period9904€397,495€122,218€142,820€210,505€233,332▲ 10.8%
Profit (loss) for the period to be appropriated9905€397,495€122,218€142,820€210,505€233,332▲ 10.8%
Line20212022202320242025Change
Assets
Total assets20/58€0.6m€0.7m€0.7m€0.9m€1.2m▲ 27.0%
Fixed assets21/28----€0.7m-
Financial fixed assets28----€0.7m-
Current assets29/58€0.6m€0.7m€0.7m€0.9m€0.5m▼ 49.8%
Stocks and contracts in progress3--€0.2m€0.2m€0.2m=
Stocks30/36--€0.2m€0.2m€0.2m=
Amounts receivable within one year40/41€0.1m€0.1m€0.2m€0.3m€0.2m▼ 22.5%
Trade receivables40€0.1m€0.1m€0.2m€0.3m€0.2m▼ 18.7%
Other amounts receivable41--€0.002m€0.01m€189▼ 98.6%
Current investments50/53--€0.3m€0.4m€0.007m▼ 98.4%
Cash at bank and in hand54/58€0.4m€0.6m€0.1m€0.03m€0.02m▼ 11.1%
Equity and liabilities
Total equity and liabilities10/49€0.6m€0.7m€0.7m€0.9m€1.2m▲ 27.0%
Equity10/15€0.4m€0.5m€0.7m€0.9m€1.1m▲ 26.6%
Contributions10/11€0.005m€0.005m€0.005m€0.005m€0.005m=
Reserves13€0.4m€0.5m€0.7m€0.9m€1.1m▲ 26.7%
Distributable reserves133€0.4m€0.5m€0.7m€0.9m€1.1m▲ 26.7%
Amounts payable17/49€0.2m€0.2m€0.07m€0.05m€0.07m▲ 35.5%
Amounts payable after more than one year17----€0.01m-
Other amounts payable178/9----€0.01m-
Amounts payable within one year42/48€0.2m€0.2m€0.07m€0.05m€0.05m▲ 10.0%
Trade debts44€0.02m-€0.01m€0.01m€0.01m▼ 21.7%
Suppliers440/4€0.02m-€0.01m€0.01m€0.01m▼ 21.7%
Advances received on contracts in progress46----€0.03m-
Taxes, remuneration and social security45€0.2m€0.2m€0.06m€0.04m€0.02m▼ 47.7%
Taxes450/3€0.2m€0.2m€0.06m€0.04m€0.02m▼ 47.7%
Other amounts payable47/48---€371--
Line20212022202320242025Change
Profit (loss) for the period9904€397,495€122,218€142,820€210,505€233,332▲ 10.8%
Operating cash flow (approximation)€397,495€122,218€142,820€210,505€233,332▲ 10.8%
Change in cash-€114,251-€445,949-€83,389-€2,915▲ 96.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2025 abbreviated format 16-06-2026 2026-00178173
31-12-2024 abbreviated format 25-08-2025 2025-00400352
31-12-2023 abbreviated format 16-07-2024 2024-00251589
31-12-2022 abbreviated format 22-08-2023 2023-00341626
31-12-2021 micro format 27-07-2022 2022-20230703

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.