PG CONSULT
ActiveSummary
PG CONSULT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €247,593 and a net result of -€9,932. Equity is growing by ~54.1% per year across the filed fiscal years. Its solvency ranks better than 26% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-29
Solvency49▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 33.3 against 3.92 in 2024; short-term debt: 2.3% and cash: 2.1% of total assets), but 75.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.5%
Return on assets
-1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
3 d late
2023
10 d early
2022
1 d early
2021
4 d early
2020
55 d early
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€247,593▼ 3.9%
2024 · €257,525
Total assets
€1.0m▲ 23.4%
2024 · €819,846
Net result
-€9,932
2024 · €187,700
Working capital
€765,480▲ 73.2%
2024 · €442,046
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,096▲ 95.3%€36,208€36,939▲ 2.0%€307,247▲ 732%-€9,021
Net result-€5,946below the sector's middle half▲ 91.4%€26,975within the sector's middle half€24,510within the sector's middle half▼ 9.1%€187,700above the sector's middle half▲ 666%-€9,932below the sector's middle half
Equity€16,791below the sector's middle half▼ 26.2%€45,315within the sector's middle half▲ 170%€69,826within the sector's middle half▲ 54.1%€257,525above the sector's middle half▲ 269%€247,593above the sector's middle half▼ 3.9%
Total assets€275,321within the sector's middle half▼ 17.1%€276,281within the sector's middle half▲ 0.3%€276,283within the sector's middle half=€819,846above the sector's middle half▲ 197%€1.0mabove the sector's middle half▲ 23.4%
Debt€258,530▼ 16.5%€230,966▼ 10.7%€206,457▼ 10.6%€562,321▲ 172%€764,443▲ 35.9%
Working capital-€8,872-€9,967▼ 12.3%-€20,371▼ 104%€442,046€765,480▲ 73.2%
Solvency6.1%below the sector's middle half▼ 0.7pp16.4%below the sector's middle half▲ 10.3pp25.3%below the sector's middle half▲ 8.9pp31.4%within the sector's middle half▲ 6.1pp24.5%within the sector's middle half▼ 6.9pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9,021 after €307,247 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€222,860 ▼ 1.5%
Current assets
€789,176 ▲ 32.9%
Equity and liabilities €1.0m
Equity
€247,593 ▼ 3.9%
Debt
€764,443 ▲ 35.9%
Debt's share of the balance-sheet total rises from 68.6% to 75.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4,335▼
2024 · €321,708
Cash flow
€3,424▼
2024 · €202,161
Current ratio
33.30▲
2024 · 3.92
Debt to equity
3.09▲
2024 · 2.18
ROE
-4.0%▼
2024 · 72.9%
ROA
-1.0%▼
2024 · 22.9%
Interest coverage
6.25▼
2024 · 14.63
Debt ≤ 1 year
€23,696▼
2024 · €151,584
Debt > 1 year
€740,746▲
2024 · €410,737
Income taxes
€518▼
2024 · €98,653
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,501 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
1.7%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,501 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €300 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,669 | €14,873 | €14,575 | €14,462 | €13,356 | ▼ 7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €5,556 | - | - | - |
| Other operating charges640/8 | - | €1,419 | €1,070 | €2,996 | €1,477 | ▼ 50.7% |
| Gross operating margin9900 | €14,933 | €52,500 | €58,140 | €324,704 | €5,812 | ▼ 98.2% |
| Operating profit (loss)9901 | -€3,096 | €36,208 | €36,939 | €307,247 | -€9,021 | ▼ 103% |
| Financial income75/76B | - | €7 | €0 | €1,101 | €300 | ▼ 72.8% |
| Recurring financial income75 | €5 | €7 | €0 | €1,101 | €300 | ▼ 72.8% |
| Financial charges65/66B | - | €8,581 | €8,773 | €21,995 | €693 | ▼ 96.8% |
| Recurring financial charges65 | €2,007 | €8,581 | €8,773 | €21,995 | €693 | ▼ 96.8% |
| Profit (loss) for the period before taxes9903 | -€5,097 | €27,634 | €28,167 | €286,353 | -€9,414 | ▼ 103% |
| Income taxes67/77 | €848 | €659 | €3,656 | €98,653 | €518 | ▼ 99.5% |
| Profit (loss) for the period9904 | -€5,946 | €26,975 | €24,510 | €187,700 | -€9,932 | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | -€5,946 | €26,975 | €24,510 | €187,700 | -€9,932 | ▼ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €275,321 | €276,281 | €276,283 | €819,846 | €1.0m | ▲ 23.4% |
| Fixed assets21/28 | €255,538 | €251,205 | €240,678 | €226,216 | €222,860 | ▼ 1.5% |
| Tangible fixed assets22/27 | €255,538 | €251,205 | €240,678 | €226,216 | €222,860 | ▼ 1.5% |
| Land and buildings22 | - | €231,166 | €218,901 | €207,357 | €196,918 | ▼ 5.0% |
| Plant, machinery and equipment23 | - | €9,048 | €12,649 | €11,595 | €10,541 | ▼ 9.1% |
| Furniture and vehicles24 | - | €10,991 | €9,127 | €7,264 | €15,401 | ▲ 112% |
| Current assets29/58 | €19,783 | €25,076 | €35,605 | €593,630 | €789,176 | ▲ 32.9% |
| Amounts receivable within one year40/41 | €7,808 | €6,769 | €5,517 | €464,634 | €766,600 | ▲ 65.0% |
| Trade receivables40 | - | €1,210 | €5,445 | €1,210 | - | - |
| Other amounts receivable41 | - | €5,559 | €72 | €463,424 | €766,600 | ▲ 65.4% |
| Cash at bank and in hand54/58 | €11,975 | €17,922 | €30,088 | €128,997 | €21,645 | ▼ 83.2% |
| Deferred charges and accrued income490/1 | - | €386 | - | - | €932 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €275,321 | €276,281 | €276,283 | €819,846 | €1.0m | ▲ 23.4% |
| Equity10/15 | €16,791 | €45,315 | €69,826 | €257,525 | €247,593 | ▼ 3.9% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | €12,400 | €12,400 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | €6,200 | €6,200 | - | - | - |
| Reserves13 | €4,391 | €32,915 | €57,426 | €245,125 | €235,193 | ▼ 4.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €31,055 | €55,566 | €243,265 | €233,333 | ▼ 4.1% |
| Amounts payable17/49 | €258,530 | €230,966 | €206,457 | €562,321 | €764,443 | ▲ 35.9% |
| Amounts payable after more than one year17 | €229,875 | €195,923 | €126,481 | €410,737 | €740,746 | ▲ 80.3% |
| Financial debts170/4 | - | €195,923 | €126,481 | €410,737 | €740,746 | ▲ 80.3% |
| Amounts payable within one year42/48 | €28,656 | €35,043 | €55,976 | €151,584 | €23,696 | ▼ 84.4% |
| Current portion of amounts payable after more than one year42 | - | €27,236 | €27,724 | €11,698 | - | - |
| Trade debts44 | €1,628 | €780 | €2,053 | €3,291 | €2,920 | ▼ 11.3% |
| Suppliers440/4 | - | €780 | €2,053 | €3,291 | €2,920 | ▼ 11.3% |
| Taxes, remuneration and social security45 | - | €7,027 | €26,199 | €136,596 | €20,776 | ▼ 84.8% |
| Taxes450/3 | - | €7,027 | €20,587 | €118,983 | €14,110 | ▼ 88.1% |
| Remuneration and social security454/9 | - | - | €5,613 | €17,613 | €6,666 | ▼ 62.2% |
| Accrued charges and deferred income492/3 | - | - | €24,000 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,946 | €26,975 | €24,510 | €187,700 | -€9,932 | ▼ 105% |
| + Depreciation and write-downs630 | €16,669 | €14,873 | €14,575 | €14,462 | €13,356 | ▼ 7.6% |
| Operating cash flow (approximation) | €10,724 | €41,848 | €39,086 | €202,161 | €3,424 | ▼ 98.3% |
| Investment in fixed assets (approximation) | - | -€10,540 | -€4,048 | €0 | -€10,000 | - |
| Change in cash | - | €5,947 | €12,166 | €98,908 | -€107,352 | ▼ 209% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Registered-office move, Bredabaan 499 te 2930 Brasschaat
- Other statement, vermeldingen laatste bladzijde Luik B, naam en hoedanigheid
12-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Liquidity times 9current ratio 33.30
Current ratio from 3.92 to 33.30; short-term debt falls from €151,584 to €23,696.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Highest result since 2019net €187,700 ▲666%
Operating result €307,247, net result €187,700, both a record.
30-06
Financial
Liquidity times 6current ratio 3.92
Current ratio from 0.64 to 3.92.
30-06
Financial
Equity above €200,000Eq €257,525 ▲269%
3 profitable years in a row build equity to €257,525.
21-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €26,975
Net result €26,975 after 3 loss-making years.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
30-06
Financial
Weakest financial yearnet -€68,996
Net result drops to -€68,996, the lowest in the series; recovery starts the following year.
2019
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2006
Ground area
783 m²
Building footprint
544 m²
Volume, LiDAR
4,576 m³
2 parcels, Flanders · tallest building 25.5 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PG CONSULT
since 20062.155.399.485
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C0944/00D000 | Flanders | 453 m² | 1 · 453 m² | 25.5 m · 1 fl. |
| 11324D0159/00B005 | Flanders | 330 m² | 1 · 91 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
56 locations
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 38,958 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-07-2006
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0882482838
Also
9925:BE0882482838
Registered
03-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.