PGTronic
ActiveSummary
For PGTronic, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €378,961 and a net result of €505. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 10635 sector peers (fiscal year 2023). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability69=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
85.1%
Return on assets
0.1%
Age of the figures
33 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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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
not confirmed
2024
not filed
2023
29 d late
2022
69 d late
2021
31 d late
2020
31 d late
2019
98 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check 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 Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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 2023, micro schema
Equity
€378,961▼ 11.9%
2022 · €430,056
Total assets
€445,307▼ 0.5%
2022 · €447,428
Net result
€505▼ 47.4%
2022 · €959
Working capital
€371,469▼ 10.7%
2022 · €415,810
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€86,900▼ 15.3%€75,531▼ 13.1%€31,054▼ 58.9%€1,800▼ 94.2%-€376
Net result€62,153▼ 3.1%€53,776above the sector's middle half▼ 13.5%€21,472within the sector's middle half▼ 60.1%€959below the sector's middle half▼ 95.5%€505below the sector's middle half▼ 47.4%
Equity€353,850▲ 21.3%€407,626above the sector's middle half▲ 15.2%€429,098above the sector's middle half▲ 5.3%€430,056above the sector's middle half▲ 0.2%€378,961above the sector's middle half▼ 11.9%
Total assets€406,288▲ 17.6%€435,638above the sector's middle half▲ 7.2%€446,867above the sector's middle half▲ 2.6%€447,428above the sector's middle half▲ 0.1%€445,307above the sector's middle half▼ 0.5%
Debt€52,439▼ 2.3%€28,012▼ 46.6%€17,769▼ 36.6%€17,371▼ 2.2%€66,345▲ 282%
Working capital€328,204▲ 20.7%€385,894▲ 17.6%€411,209▲ 6.6%€415,810▲ 1.1%€371,469▼ 10.7%
Solvency87.1%▲ 2.6pp93.6%above the sector's middle half▲ 6.5pp96.0%above the sector's middle half▲ 2.5pp96.1%above the sector's middle half▲ 0.1pp85.1%above the sector's middle half▼ 11.0pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €376 after €1,800 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €445,307
Fixed assets
€7,493 ▼ 47.4%
Current assets
€437,814 ▲ 1.1%
Equity and liabilities €445,307
Equity
€378,961 ▼ 11.9%
Debt
€66,345 ▲ 282%
Debt's share of the balance-sheet total rises from 3.9% to 14.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7,360▼
2022 · €9,640
Cash flow
€8,241▼
2022 · €8,799
Current ratio
6.60▼
2022 · 24.94
Debt to equity
0.18▲
2022 · 0.04
ROE
0.1%▼
2022 · 0.2%
ROA
0.1%▼
2022 · 0.2%
Interest coverage
23.65▼
2022 · 24.73
Debt ≤ 1 year
€66,345▲
2022 · €17,371
Income taxes
€2,114▲
2022 · €1,884
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,044 | €10,983 | €10,983 | €7,840 | €7,736 | ▼ 1.3% |
| Other operating charges640/8 | - | - | €850 | €951 | €1,192 | ▲ 25.4% |
| Gross operating margin9900 | €99,126 | €88,101 | €42,887 | €10,591 | €8,552 | ▼ 19.3% |
| Operating profit (loss)9901 | €86,900 | €75,531 | €31,054 | €1,800 | -€376 | ▼ 121% |
| Financial income75/76B | - | - | - | €1,433 | €3,306 | ▲ 131% |
| Recurring financial income75 | - | €0 | - | €1,433 | €3,306 | ▲ 131% |
| Financial charges65/66B | - | - | €214 | €390 | €311 | ▼ 20.2% |
| Recurring financial charges65 | €294 | €322 | €214 | €390 | €311 | ▼ 20.2% |
| Profit (loss) for the period before taxes9903 | €86,606 | €75,209 | €30,840 | €2,843 | €2,619 | ▼ 7.9% |
| Income taxes67/77 | €24,454 | €21,433 | €9,368 | €1,884 | €2,114 | ▲ 12.2% |
| Profit (loss) for the period9904 | €62,153 | €53,776 | €21,472 | €959 | €505 | ▼ 47.4% |
| Profit (loss) for the period to be appropriated9905 | €62,153 | €53,776 | €21,472 | €959 | €505 | ▼ 47.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €406,288 | €435,638 | €446,867 | €447,428 | €445,307 | ▼ 0.5% |
| Fixed assets21/28 | €44,052 | €33,069 | €22,086 | €14,246 | €7,493 | ▼ 47.4% |
| Tangible fixed assets22/27 | €44,052 | €33,069 | €22,086 | €14,246 | €7,493 | ▼ 47.4% |
| Furniture and vehicles24 | - | - | €14,111 | €6,996 | €968 | ▼ 86.2% |
| Other tangible fixed assets26 | - | - | €7,975 | €7,250 | €6,525 | ▼ 10.0% |
| Current assets29/58 | €362,236 | €402,569 | €424,780 | €433,182 | €437,814 | ▲ 1.1% |
| Amounts receivable within one year40/41 | €23,697 | €31,453 | €28,472 | €35,915 | €71,508 | ▲ 99.1% |
| Trade receivables40 | - | - | - | €8,693 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | €28,472 | €27,222 | €71,508 | ▲ 163% |
| Cash at bank and in hand54/58 | €336,691 | €369,723 | €394,879 | €395,821 | €365,394 | ▼ 7.7% |
| Deferred charges and accrued income490/1 | - | - | €1,429 | €1,446 | €912 | ▼ 36.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €406,288 | €435,638 | €446,867 | €447,428 | €445,307 | ▼ 0.5% |
| Equity10/15 | €353,850 | €407,626 | €429,098 | €430,056 | €378,961 | ▼ 11.9% |
| Contributions10/11 | €12,400 | - | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €179,733 | €233,509 | €254,981 | €255,940 | €204,845 | ▼ 20.0% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €253,121 | €254,080 | €202,985 | ▼ 20.1% |
| Profit (loss) carried forward14 | €161,716 | €161,716 | €161,716 | €161,716 | €161,716 | = |
| Amounts payable17/49 | €52,439 | €28,012 | €17,769 | €17,371 | €66,345 | ▲ 282% |
| Amounts payable after more than one year17 | €18,407 | €11,337 | €4,197 | - | - | - |
| Financial debts170/4 | - | - | €4,197 | - | - | - |
| Amounts payable within one year42/48 | €34,032 | €16,675 | €13,571 | €17,371 | €66,345 | ▲ 282% |
| Current portion of amounts payable after more than one year42 | - | - | €7,140 | €4,197 | €0 | ▼ 100% |
| Trade debts44 | €1,317 | - | €140 | - | €1,229 | - |
| Suppliers440/4 | - | - | €140 | - | €1,229 | - |
| Taxes, remuneration and social security45 | - | - | €5,418 | €13,174 | €13,516 | ▲ 2.6% |
| Taxes450/3 | - | - | €5,418 | €13,174 | €13,516 | ▲ 2.6% |
| Other amounts payable47/48 | - | - | €874 | - | €51,600 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,153 | €53,776 | €21,472 | €959 | €505 | ▼ 47.4% |
| + Depreciation and write-downs630 | €11,044 | €10,983 | €10,983 | €7,840 | €7,736 | ▼ 1.3% |
| Operating cash flow (approximation) | €73,197 | €64,759 | €32,455 | €8,799 | €8,241 | ▼ 6.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€983 | - |
| Change in cash | - | €33,032 | €25,156 | €942 | -€30,428 | ▼ 3,331% |
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
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €505 ▼47.4%
Net result drops to €505, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
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 · micro schema · 31 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 24.14
Current ratio from 10.64 to 24.14; short-term debt falls from €34,032 to €16,675.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Namur · 1 establishment unit since 2010
Ground area
188 m²
Building footprint
68 m²
Volume, LiDAR
824 m³
Parcel 92302E0025/00E002, Wallonia · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue Saint-Martin 34, 5000 Namur
since 20102.190.963.447
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302E0025/00E002 | Wallonia | 188 m² | 1 · 68 m² | 14.3 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.
Similar companies · same sector, comparable size
ENGLEBERT
BE 0896.903.966
Gavere · Eq €378,979
Algemene stabiliteit Haciënda en Partners
BE 0733.800.941
Nazareth-De Pinte · Eq €379,059
LPS-Experts
BE 0652.618.968
Namur · Eq €379,524
ZION ENGINEERING
BE 0892.367.534
Pelt · Eq €379,527
MOORES EQUIPMENT
BE 0846.217.805
Seraing · Eq €377,878
Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 4,701 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded15-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
62100Computer programming
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0827833335
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.