PGC P
ActivePGC P has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.02M and a net result of €21k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 57% of 925 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▲+3
Solvency77▲+3
Growth56▼-3
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.89 against 5.47 in 2024; short-term debt: 9.3% of total assets), and 47.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.4%
Return on assets
0.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
17 d early
2023
23 d early
2022
4 d early
2021
127 d late
2020
95 d late
2019
9 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€126k=
2024 · €126k
2020: €81k
2021: €126k
2022: €126k
2023: €126k
2024: €126k
2020 → 2025
EBIT margin
27.3%▲ 0.2pp
2024 · 27.1%
2020: -11.2%
2021: 27.3%
2022: 29.4%
2023: 26.9%
2024: 27.1%
2020 → 2025
Net result
€21k▲ 42.1%
2024 · €15k
2018: €668k
2019: €381k
2020: €12k
2021: €32k
2022: €94k
2023: €23k
2024: €15k
2018 → 2025
Working capital
€1.40M▼ 9.3%
2024 · €1.55M
2018: €1.15M
2019: €-331k
2020: €-255k
2021: €2.09M
2022: €2.00M
2023: €1.71M
2024: €1.55M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€126k-€126k=€126k=€126k=€126k=
Equity€1.87M-€1.96M▲ 5.1%€1.99M▲ 1.2%€2.00M▲ 0.7%€2.02M▲ 1.0%
Operating result€34k-€37k▲ 7.5%€34k▼ 8.3%€34k▲ 0.7%€34k▲ 0.6%
Net result€32k-€94k▲ 198%€23k▼ 76.0%€15k▼ 35.4%€21k▲ 42.1%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.86M
Fixed assets
€2.09M▼ 3.9%
Current assets
€1.76M▼ 6.9%
Equity and liabilities €3.86M
Equity
€2.02M▲ 1.0%
Provisions
€151k▼ 6.9%
Debt
€1.68M▼ 11.8%
The debt ratio falls from 46.9% to 43.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€119k▲
2024 · €119k
Cash flow
€106k▲
2024 · €100k
Solvency
52.4%▲
2024 · 49.1%
Current ratio
4.89▼
2024 · 5.47
Quick ratio
4.89▼
2024 · 5.47
Debt / equity
0.83▼
2024 · 0.95
ROE
1.0%▲
2024 · 0.7%
ROA
0.5%▲
2024 · 0.4%
Interest coverage
1.54▲
2024 · 1.10
Debt
€1.68M▼
2024 · €1.91M
Debt ≤ 1 year
€360k▲
2024 · €346k
Debt > 1 year
€1.31M▼
2024 · €1.56M
Income taxes
€20k▼
2024 · €34k
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€4.07M€3.86M▼
Fixed assets21/28€2.18M€2.09M▼
Tangible fixed assets22/27€2.18M€2.09M▼
Land and buildings22€2.18M€2.09M▼
Current assets29/58€1.89M€1.76M▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.89M€1.76M▼
Trade receivables40€20k€0▼
Other amounts receivable41€1.87M€1.76M▼
Cash at bank and in hand54/58€0-
Equity and liabilities
Total equity and liabilities10/49€4.07M€3.86M▼
Equity10/15€2.00M€2.02M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€842k€808k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€485k€452k▼
Distributable reserves133€350k€350k=
Profit (loss) carried forward14€1.10M€1.15M▲
Provisions and deferred taxes16€162k€151k▼
Deferred taxes168€162k€151k▼
Amounts payable17/49€1.91M€1.68M▼
Amounts payable after more than one year17€1.56M€1.31M▼
Financial debts170/4€1.56M€1.31M▼
Credit institutions173€1.56M€1.31M▼
Amounts payable within one year42/48€346k€360k▲
Current portion of amounts payable after more than one year42€250k€250k=
Financial debts43€8k€0▼
Credit institutions430/8€8k€0▼
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€23k€42k▲
Taxes450/3€23k€42k▲
Other amounts payable47/48€64k€64k▲
Accrued charges and deferred income492/3€641€12k▲
Income statement
Code20242025
Operating income70/76A€146k€146k▲
Turnover70€126k€126k=
Other operating income74€20k€20k▲
Operating charges60/66A€112k€112k▲
Services and other goods61€6k€6k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€85k=
Other operating charges640/8€21k€21k▲
Operating profit (loss)9901€34k€34k▲
Financial income75/76B€113k€74k▼
Recurring financial income75€113k€74k▼
Income from current assets751€113k€74k▼
Financial charges65/66B€110k€79k▼
Recurring financial charges65€110k€79k▼
Debt charges650€109k€78k▼
Other financial charges652/9€1k€1k▲
Profit (loss) for the period before taxes9903€38k€29k▼
Transfer from deferred taxes780€11k€11k=
Income taxes67/77€34k€20k▼
Taxes670/3€34k€20k▼
Tax adjustments and reversals of tax provisions77-€71
Profit (loss) for the period9904€15k€21k▲
Transfer from tax-exempt reserves789€34k€34k=
Profit (loss) for the period to be appropriated9905€48k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.10M€1.15M▲
Profit (loss) brought forward from the previous period14P€1.05M€1.10M▲
The notes to these accounts (32 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €2MEq €2.00M ▲0.7%
7 profitable years in a row build equity to €2.00M.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 127 days late
2021
31-12
Financial
Liquidity times 9current ratio 8.52
Current ratio from 0.90 to 8.52; short-term debt falls from €2.55M to €279k.
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 95 days late
2020
31-12
Financial
Weakest financial yearnet €12k ▼96.8%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are 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, Hasselt · 1 establishment unit since 1999
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.
Herkenrodesingel 103500 HasseltGround area
2.6 ha
Building footprint
4,229 m²
Volume, LiDAR
40,797 m³
2 parcels, Flanders · tallest building 24.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Herkenrodesingel 8C, 3500 Hasselt
since 19992.093.040.264
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0375/00R000 | Flanders | 2.3 ha | 1 · 3,194 m² | 24.0 m · 3 fl. |
| 71327G0706/00D000 | Flanders | 2,974 m² | 1 · 1,035 m² | 15.0 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
2 connected companiesNetwork connections
Shared address
→
Shared address
→
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Of 11,221 companies in sector 82100 we hold annual accounts for 3,511. 1,065 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-10-1999
Fiscal year end31-12
Activities, NACEBEL
74851
82100Office administrative and support services
82190Office administrative, office support and other business support activities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70120
70201
70322
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.