Financials
- Fiscal year
- 2025
- Total assets
- €25,053
- Profit
- €11,461
- Solvency
- 53.7%
PGB Elec
ActiveSummary
PGB Elec has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,461 and a net result of €11,461. Its solvency ranks better than 58% of 34,088 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€25,053total assets 2025
- Equity
- €13,461
- Profit
- €11,461
Turnover not published (micro schema)
Structure
Accounts filed 31 days late0 of 1 deed read
Why 69raises riskSize: total assets €25,053Founded in 2025Latest accounts 31 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 2.01, cash €8,051Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 73% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency
79
equity 53.7% of total assets
Liquidity
68
short-term debt 44.9% · cash 32.1%
Profitability
100
return on assets 45.7%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.01; short-term debt: 44.9% and cash: 32.1% of total assets), and 46.3% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 59% on solvency, 67% on liquidity and 93% on profitability.
The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 20-08-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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