PGGO
ActiveSummary
The computed 12-month bankruptcy probability of PGGO is 1.6% (moderate). The 2025 annual accounts show equity of €94,878 and a net result of €82,291. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency96▲+14
Growth78
Track record82
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.58 against 2.11 in 2024; short-term debt: 27.2% and cash: 4.3% of total assets), and 28.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
71.2%
Return on assets
61.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 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 · 2 filingsDeviation from the deadline
2025
32 d late
2024
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 29 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€94,878▲ 654%
2024 · €12,587
Total assets
€133,316▲ 503%
2024 · €22,113
Net result
€82,291▲ 758%
2024 · €9,587
Working capital
€93,231▲ 826%
2024 · €10,063
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€13,782-€115,536▲ 738%
Net result€9,587-€82,291▲ 758%
Equity€12,587-€94,878▲ 654%
Total assets€22,113-€133,316▲ 503%
Debt€9,526-€38,438▲ 304%
Working capital€10,063-€93,231▲ 826%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 738% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €133,316
Fixed assets
€3,887 ▲ 30.7%
Current assets
€129,429 ▲ 576%
Equity and liabilities €133,316
Equity
€94,878 ▲ 654%
Debt
€38,438 ▲ 304%
Debt's share of the balance-sheet total falls from 43.1% to 28.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€116,922▲
2024 · €15,351
Cash flow
€83,677▲
2024 · €11,157
Current ratio
3.58▲
2024 · 2.11
Debt to equity
0.41▼
2024 · 0.76
ROE
86.7%▲
2024 · 76.2%
ROA
61.7%▲
2024 · 43.4%
Interest coverage
2831.04▲
2024 · 767.57
Debt ≤ 1 year
€36,198▲
2024 · €9,076
Income taxes
€33,441▲
2024 · €4,175
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,569 | €1,386 | ▼ 11.7% |
| Gross operating margin9900 | €15,351 | €116,922 | ▲ 662% |
| Operating profit (loss)9901 | €13,782 | €115,536 | ▲ 738% |
| Financial income75/76B | - | €237 | - |
| Recurring financial income75 | - | €237 | - |
| Financial charges65/66B | €20 | €41 | ▲ 107% |
| Recurring financial charges65 | €20 | €41 | ▲ 107% |
| Profit (loss) for the period before taxes9903 | €13,762 | €115,732 | ▲ 741% |
| Income taxes67/77 | €4,175 | €33,441 | ▲ 701% |
| Profit (loss) for the period9904 | €9,587 | €82,291 | ▲ 758% |
| Profit (loss) for the period to be appropriated9905 | €9,587 | €82,291 | ▲ 758% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €22,113 | €133,316 | ▲ 503% |
| Fixed assets21/28 | €2,974 | €3,887 | ▲ 30.7% |
| Tangible fixed assets22/27 | €2,974 | €3,887 | ▲ 30.7% |
| Furniture and vehicles24 | €2,974 | €3,887 | ▲ 30.7% |
| Current assets29/58 | €19,139 | €129,429 | ▲ 576% |
| Amounts receivable within one year40/41 | €13,662 | €121,025 | ▲ 786% |
| Trade receivables40 | €13,662 | €111,884 | ▲ 719% |
| Other amounts receivable41 | - | €9,140 | - |
| Cash at bank and in hand54/58 | €3,231 | €5,689 | ▲ 76.1% |
| Deferred charges and accrued income490/1 | €2,246 | €2,715 | ▲ 20.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €22,113 | €133,316 | ▲ 503% |
| Equity10/15 | €12,587 | €94,878 | ▲ 654% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €9,587 | €91,878 | ▲ 858% |
| Distributable reserves133 | €9,587 | €91,878 | ▲ 858% |
| Amounts payable17/49 | €9,526 | €38,438 | ▲ 304% |
| Amounts payable within one year42/48 | €9,076 | €36,198 | ▲ 299% |
| Trade debts44 | €787 | €758 | ▼ 3.7% |
| Suppliers440/4 | €787 | €758 | ▼ 3.7% |
| Taxes, remuneration and social security45 | €7,675 | €35,441 | ▲ 362% |
| Taxes450/3 | €5,675 | €33,441 | ▲ 489% |
| Remuneration and social security454/9 | €2,000 | €2,000 | = |
| Other amounts payable47/48 | €615 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €450 | €2,240 | ▲ 398% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €9,587 | €82,291 | ▲ 758% |
| + Depreciation and write-downs630 | €1,569 | €1,386 | ▼ 11.7% |
| Operating cash flow (approximation) | €11,157 | €83,677 | ▲ 650% |
| Investment in fixed assets (approximation) | - | -€2,299 | - |
| Change in cash | - | €2,458 | - |
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
01-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 32 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Liège · 1 establishment unit since 2024
Ground area
221 m²
Building footprint
51 m²
Volume, LiDAR
612 m³
Parcel 62813E0041/00V007, Wallonia · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PGGO
since 20242.364.973.430
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62813E0041/00V007 | Wallonia | 221 m² | 1 · 51 m² | 13.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded02-10-2024
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.