PG DESIGN
ActivePG DESIGN has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-33k) and a net result of €-10k. Equity is shrinking by ~67.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Age of the figures
Age of the figures
9 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-33k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
32 d late
2023
31 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-33k▼ 42.2%
2024 · €-23k
2018: €30k
2019: €4k
2020: €11k
2021: €5k
2022: €14k
2023: €-2k
2024: €-23k
2018 → 2025
Total assets
€4k▼ 40.4%
2024 · €7k
2018: €34k
2019: €10k
2020: €17k
2021: €16k
2022: €33k
2023: €21k
2024: €7k
2018 → 2025
Net result
€-10k▲ 53.7%
2024 · €-21k
2018: €644
2019: €-26k
2020: €7k
2021: €-6k
2022: €9k
2023: €-16k
2024: €-21k
2018 → 2025
Working capital
€-34k▼ 24.5%
2024 · €-28k
2018: €30k
2019: €4k
2020: €10k
2021: €-6k
2022: €6k
2023: €-7k
2024: €-28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€14k▲ 185%€-2k€-23k▼ 1,031%€-33k▼ 42.2%
Operating result€-6k-€9k€-16k€-21k▼ 31.7%€-9k▲ 55.3%
Net result€-6k-€9k€-16k€-21k▼ 31.8%€-10k▲ 53.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €21k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4k
Fixed assets
€1k▼ 69.0%
Current assets
€3k▲ 4.0%
Key figures and ratios
EBITDA
€-6k▲
2024 · €-18k
Cash flow
€-7k▲
2024 · €-18k
Interest coverage
-16.21▲
2024 · -117.13
Debt
€37k▲
2024 · €30k
Debt ≤ 1 year
€37k▲
2024 · €30k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7k€4k▼
Fixed assets21/28€4k€1k▼
Tangible fixed assets22/27€4k€1k▼
Plant, machinery and equipment23€954-
Furniture and vehicles24€3k€1k▼
Current assets29/58€3k€3k▲
Amounts receivable within one year40/41€2k€2k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€707€1k▲
Equity and liabilities
Total equity and liabilities10/49€7k€4k▼
Equity10/15€-23k€-33k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-73k€-83k▼
Amounts payable17/49€30k€37k▲
Amounts payable within one year42/48€30k€37k▲
Financial debts43€27k€34k▲
Credit institutions430/8-€3k
Other loans439€27k€31k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Advances received on contracts in progress46€2k-
Income statement
Code20242025
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-17k€-4k▲
Operating profit (loss)9901€-21k€-9k▲
Financial charges65/66B€153€392▲
Recurring financial charges65€153€392▲
Profit (loss) for the period before taxes9903€-21k€-10k▲
Profit (loss) for the period9904€-21k€-10k▲
Profit (loss) for the period to be appropriated9905€-21k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-73k€-83k▼
Profit (loss) brought forward from the previous period14P€-52k€-73k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.32
Current ratio from 0.46 to 1.32.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-26k ▼4073%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Pepingen · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bosstraat(H) 141670 PepingenGround area
2,250 m²
Building footprint
210 m²
Volume, LiDAR
1,258 m³
Parcel 23029C0046/00B000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PG DESIGN
since 19892.046.132.153
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23029C0046/00B000 | Flanders | 2,250 m² | 1 · 210 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LUCULLUS INVEST
BE 0886.498.539
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ACOLIN
BE 0809.341.571
Heers · Eq €14k
CLAUDIA COLLECTIONS
BE 0717.627.675
Lier · Eq €14k
MAISON FARES
BE 0647.513.107
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FABRIMEUBLE
BE 0422.647.113
Thuin · Eq €14k
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 787 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-11-1989
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
52441
47400Retail sale of information and communication equipment
47410Retail trade
52487
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.