PGLS Consulting
ActiveSummary
PGLS Consulting has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-181k) and a net result of €-56k. Equity is shrinking by ~45.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-15
Solvency5▼-4
Growth32=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.47 in 2024; short-term debt: 52.5% and cash: 0.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
-19.5%
Return on assets
-6.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-181k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
62 d late
2023
57 d late
2022
19 d early
2021
73 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-56k▼ 293%
2024 · €-14k
2021: €9k
2022: €-45k
2023: €-84k
2024: €-14k
2021 → 2025
Working capital
€-425k▼ 215%
2024 · €-135k
2021: €-119k
2022: €-165k
2023: €-44k
2024: €-135k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€-26k€-110k▼ 326%€-124k▼ 13.0%€-181k▼ 45.3%
Operating result€17k-€-41k€-32k▲ 22.8%€-2k▲ 93.9%€-45k▼ 2,229%
Net result€9k-€-45k€-84k▼ 86.5%€-14k▲ 83.0%€-56k▼ 293%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €45k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €926k
Fixed assets
€865k ▲ 28.7%
Current assets
€61k ▼ 48.8%
Key figures and ratios
EBITDA
€-29k▼
2024 · €14k
Cash flow
€-40k▼
2024 · €2k
Solvency
-19.5%▼
2024 · -15.7%
Current ratio
0.13▼
2024 · 0.47
Debt to equity
-6.12▲
2024 · -7.36
ROA
-6.1%▼
2024 · -1.8%
Interest coverage
-2.69▼
2024 · 1.17
Debt
€1.11M▲
2024 · €917k
Debt ≤ 1 year
€486k▲
2024 · €254k
Debt > 1 year
€619k▼
2024 · €662k
Income taxes
€376▼
2024 · €397
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€792k€926k▲
Fixed assets21/28€673k€865k▲
Tangible fixed assets22/27€322k€306k▼
Land and buildings22€312k€304k▼
Furniture and vehicles24€10k€2k▼
Financial fixed assets28€350k€559k▲
Current assets29/58€120k€61k▼
Amounts receivable within one year40/41€84k€57k▼
Trade receivables40€80k€13k▼
Other amounts receivable41€4k€44k▲
Cash at bank and in hand54/58€35k€4k▼
Deferred charges and accrued income490/1€938-
Equity and liabilities
Total equity and liabilities10/49€792k€926k▲
Equity10/15€-124k€-181k▼
Contributions10/11€10k€10k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-144k€-200k▼
Amounts payable17/49€917k€1.11M▲
Amounts payable after more than one year17€662k€619k▼
Financial debts170/4€662k€619k▼
Amounts payable within one year42/48€254k€486k▲
Current portion of amounts payable after more than one year42€41k€43k▲
Trade debts44€4k-
Suppliers440/4€4k-
Taxes, remuneration and social security45€6k€773▼
Taxes450/3€6k€773▼
Other amounts payable47/48€202k€443k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€16k€-27k▼
Operating profit (loss)9901€-2k€-45k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€-14k€-56k▼
Income taxes67/77€397€376▼
Profit (loss) for the period9904€-14k€-56k▼
Profit (loss) for the period to be appropriated9905€-14k€-56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-144k€-200k▼
Profit (loss) brought forward from the previous period14P€-129k€-144k▼
The notes to these accounts (11 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 62 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Weakest financial yearnet €-84k
Net result drops to €-84k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 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, Vorst · 1 establishment unit since 2021
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.
Victor Rousseaulaan 301190 VorstGround area
189 m²
Building footprint
117 m²
Volume, LiDAR
1,062 m³
Parcel 21383B0031/00X010, Brussels · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PGLS Consulting
since 20212.312.989.348
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0031/00X010 | Brussels | 188 m² | 1 · 117 m² | 14.9 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
2549008R1ETZ8WBT4H38
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 30,232 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82300Organisation of conventions and trade shows
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.