Parent and group
- VLH Holding100%
PJ Company
ActiveFrom the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of PJ Company is 2.2% (moderate). The 2025 annual accounts show negative equity (-€126,279) and a net result of -€179,359. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 12,737 sector peers (NACE 47, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 19-02-2019 Normal situation
- Legal form
- Private limited company
- Registered office
- Parklaan 170, 2300 Turnhout
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
- Establishment unit
- 2.285.511.624 2990 Wuustwezel, since 19-02-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 26-03-2026
Who decides
Board
- VLH Holding BVDirector
Shareholders
How it is doing
- Bankruptcy probabilitywithin 12 months
- 2.2%
Annual accounts 2025
- Gross margin
- €462,231
- ▼ 25.8%
- Turnover
- ≈ €4.4m
- estimated
- Loss
- €179,359
- Equity
- -€126,279
- Total assets
- €2.0m
- ▲ 48.8%
- Staff
- 11.2 FTE
- ▼ 1.8%
2025 accounts filed 31 days late
Filed on 31-08-2026at the National Bank
Why 51raises riskNegative equity -€126,279Last filed accounts filed 31 days late; 2 of the last 3 lateLoss of €179,359 (financial year 2025)lowers riskLiquidity: current ratio 0.89, cash €662,601Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 21% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Weak
Solvency
19-10
equity -6.2% of total assets
Liquidity
52+36
short-term debt 71.8% · cash 32.8%
Profitability
8-65
return on assets -8.9%
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.0%
12-2024: 3.0%● unchanged vs 11-2024
01-2025: 3.0%● unchanged vs 12-2024
02-2025: 3.0%● unchanged vs 01-2025
03-2025: 3.0%● unchanged vs 02-2025
04-2025: 2.9%▼ -0.1 percentage points vs 03-2025
05-2025: 2.6%▼ -0.3 percentage points vs 04-2025
06-2025: 2.5%▼ -0.1 percentage points vs 05-2025
07-2025: 2.8%▲ +0.3 percentage points vs 06-2025
08-2025: 3.6%▲ +0.8 percentage points vs 07-2025highest value
09-2025: 2.1%▼ -1.5 percentage points vs 08-2025
10-2025: 2.1%● unchanged vs 09-2025
11-2025: 2.1%● unchanged vs 10-2025
12-2025: 2.1%● unchanged vs 11-2025
01-2026: 2.1%● unchanged vs 12-2025
02-2026: 2.2%▲ +0.1 percentage points vs 01-2026
03-2026: 2.1%▼ -0.1 percentage points vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.1%● unchanged vs 04-2026
06-2026: 2.1%● unchanged vs 05-2026lowest value
07-2026: 2.3%▲ +0.2 percentage points vs 06-2026
08-2026: 3.1%▲ +0.8 percentage points vs 07-2026
09-2026: 2.2%▼ -0.9 percentage points vs 08-2026
10-2026: 2.2%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.89, compared with 1.0 in 2024, below 1; short-term debt: 71.8% and cash: 32.8% of total assets), and equity is negative.
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 47, small): better than 8% on solvency, 68% on liquidity, 7% on profitability and 1% on growth.
The bankruptcy probability was computed on 31-10-2026 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
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€126,279
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
31 days late
2024
20 days late
2023
61 days late
2022
30 days late
2021
29 days late
2020
3 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 31-08-2026
- Annual accounts 2024filed on 20-08-2025
- Annual accounts 2023filed on 30-09-2024
- Annual accounts 2022filed on 30-08-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about PJ Company
- What is the company number of PJ Company?
- 0720.903.208. In Belgium the VAT number is the company number with BE in front: BE 0720.903.208.
- Where is PJ Company based?
- The registered office is at Parklaan 170, 2300 Turnhout.Company details
- What does PJ Company do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of PJ Company?
- Private limited company (BV).
- When was PJ Company founded?
- On 19-02-2019.
- Is PJ Company still active?
- Yes, PJ Company is an active enterprise in the KBO register.
- How many employees does PJ Company have?
- On average 11.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PJ Company?
- ≈ €4.4m in financial year 2025. Estimated from the gross margin of €462,231: probably between €3.6m and €5.9m, based on 44 comparable companies, NACE 47110.
- Is PJ Company profitable?
- In financial year 2025, PJ Company made a loss of €179,359.
- Where can I find the annual accounts of PJ Company?
- PJ Company filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of PJ Company due?
- By 31-07-2027, for financial year 2026.Timeline
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