Summary
PJM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €311,509 and a net result of €352,765. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 48% of 8091 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
6 d late
2023
44 d late
2022
11 d early
2021
12 d early
2020
32 d early
2019
1 d early
← 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 1 day before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed 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. Usually files around 30 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€311,509▼ 38.8%
2024 · €508,744
Net result
€352,765▲ 33.2%
2024 · €264,878
Total assets
€643,592▲ 20.9%
2024 · €532,256
Solvency
48.4%▼ 47.2pp
2024 · 95.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line20212022202320242025
Operating result€210,458▲ 23.7%€264,983▲ 25.9%€322,930▲ 21.9%€341,062▲ 5.6%€480,902▲ 41.0%
Net result€162,098above the sector's middle half▲ 23.1%€193,881above the sector's middle half▲ 19.6%€241,065above the sector's middle half▲ 24.3%€264,878above the sector's middle half▲ 9.9%€352,765above the sector's middle half▲ 33.2%
Equity€358,394within the sector's middle half▲ 82.6%€512,275above the sector's middle half▲ 42.9%€243,866within the sector's middle half▼ 52.4%€508,744above the sector's middle half▲ 109%€311,509within the sector's middle half▼ 38.8%
Total assets€414,524within the sector's middle half▲ 56.8%€617,145within the sector's middle half▲ 48.9%€615,423within the sector's middle half▼ 0.3%€532,256within the sector's middle half▼ 13.5%€643,592within the sector's middle half▲ 20.9%
Debt€56,131▼ 17.5%€104,870▲ 86.8%€371,557▲ 254%€23,513▼ 93.7%€332,083▲ 1,312%
Working capital€348,541above the sector's middle half▲ 82.9%€492,025above the sector's middle half▲ 41.2%-€44,012below the sector's middle half€222,541above the sector's middle half€32,364within the sector's middle half▼ 85.5%
Solvency86.5%above the sector's middle half▲ 12.2pp83.0%above the sector's middle half▼ 3.5pp39.6%within the sector's middle half▼ 43.4pp95.6%above the sector's middle half▲ 56.0pp48.4%within the sector's middle half▼ 47.2pp
Current ratio7.21above the sector's middle half▲ 3.415.69above the sector's middle half▼ 1.520.88within the sector's middle half▼ 4.8110.46above the sector's middle half▲ 9.581.10within the sector's middle half▼ 9.37
Return on assets (ROA)39.1%above the sector's middle half▼ 10.7pp31.4%above the sector's middle half▼ 7.7pp39.2%above the sector's middle half▲ 7.8pp49.8%above the sector's middle half▲ 10.6pp54.8%above the sector's middle half▲ 5.0pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 41% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €643,592
Fixed assets
€279,145 ▼ 2.5%
Current assets
€364,447 ▲ 48.1%
Equity and liabilities €643,592
Equity
€311,509 ▼ 38.8%
Debt
€332,083 ▲ 1,312%
Debt's share of the balance-sheet total rises from 4.4% to 51.6%. Equity is lower and debt is higher.
Key figures and ratios
ROE
113.2%▲
2024 · 52.1%
Debt ≤ 1 year
€332,083▲
2024 · €23,513
Income taxes
€134,204▲
2024 · €83,836
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,791 | €4,239 | €6,498 | €4,048 | €7,057 | ▲ 74.3% |
| Other operating charges640/8 | €5,161 | €6,602 | €6,125 | €8,379 | €14,714 | ▲ 75.6% |
| Gross operating margin9900 | €217,410 | €275,825 | €335,553 | €353,490 | €502,673 | ▲ 42.2% |
| Operating profit (loss)9901 | €210,458 | €264,983 | €322,930 | €341,062 | €480,902 | ▲ 41.0% |
| Financial income75/76B | €0 | €434 | €4,950 | €8,069 | €6,990 | ▼ 13.4% |
| Recurring financial income75 | €0 | €434 | €4,950 | €8,069 | €6,990 | ▼ 13.4% |
| Financial charges65/66B | €362 | €429 | €2,329 | €418 | €923 | ▲ 121% |
| Recurring financial charges65 | €362 | €429 | €2,329 | €418 | €923 | ▲ 121% |
| Profit (loss) for the period before taxes9903 | €210,096 | €264,989 | €325,551 | €348,713 | €486,969 | ▲ 39.6% |
| Income taxes67/77 | €47,999 | €71,107 | €84,486 | €83,836 | €134,204 | ▲ 60.1% |
| Profit (loss) for the period9904 | €162,098 | €193,881 | €241,065 | €264,878 | €352,765 | ▲ 33.2% |
| Transfer from tax-exempt reserves789 | - | - | - | €63,150 | €63,150 | = |
| Transfer to tax-exempt reserves689 | €63,150 | €128,516 | €71,570 | €71,570 | €124,195 | ▲ 73.5% |
| Profit (loss) for the period to be appropriated9905 | €98,948 | €65,366 | €169,495 | €256,458 | €291,720 | ▲ 13.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €414,524 | €617,145 | €615,423 | €532,256 | €643,592 | ▲ 20.9% |
| Fixed assets21/28 | €9,853 | €20,250 | €287,878 | €286,202 | €279,145 | ▼ 2.5% |
| Tangible fixed assets22/27 | €9,853 | €20,250 | €37,878 | €36,202 | €29,145 | ▼ 19.5% |
| Plant, machinery and equipment23 | - | €6,424 | €6,874 | €6,429 | €4,529 | ▼ 29.5% |
| Furniture and vehicles24 | €5,326 | €5,229 | €18,555 | €17,749 | €15,550 | ▼ 12.4% |
| Other tangible fixed assets26 | €4,527 | €8,596 | €12,449 | €12,025 | €9,066 | ▼ 24.6% |
| Financial fixed assets28 | - | - | €250,000 | €250,000 | €250,000 | = |
| Current assets29/58 | €404,672 | €596,895 | €327,545 | €246,054 | €364,447 | ▲ 48.1% |
| Amounts receivable within one year40/41 | €42,339 | €67,635 | €37,570 | €52,395 | €57,634 | ▲ 10.0% |
| Trade receivables40 | €29,567 | €32,709 | €34,881 | €39,833 | €41,062 | ▲ 3.1% |
| Other amounts receivable41 | €12,772 | €34,926 | €2,689 | €12,562 | €16,573 | ▲ 31.9% |
| Current investments50/53 | €100,000 | €175,000 | €100,000 | €125,000 | - | - |
| Cash at bank and in hand54/58 | €262,140 | €354,172 | €189,324 | €68,620 | €306,770 | ▲ 347% |
| Deferred charges and accrued income490/1 | €192 | €88 | €650 | €39 | €43 | ▲ 11.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €414,524 | €617,145 | €615,423 | €532,256 | €643,592 | ▲ 20.9% |
| Equity10/15 | €358,394 | €512,275 | €243,866 | €508,744 | €311,509 | ▼ 38.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Reserves13 | €65,010 | €493,675 | €225,266 | €490,144 | €292,909 | ▼ 40.2% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €63,150 | €191,666 | €197,870 | €206,290 | €267,335 | ▲ 29.6% |
| Distributable reserves133 | - | €300,149 | €25,536 | €281,994 | €23,714 | ▼ 91.6% |
| Profit (loss) carried forward14 | €274,784 | - | - | - | - | - |
| Amounts payable17/49 | €56,131 | €104,870 | €371,557 | €23,513 | €332,083 | ▲ 1,312% |
| Amounts payable within one year42/48 | €56,131 | €104,870 | €371,557 | €23,513 | €332,083 | ▲ 1,312% |
| Trade debts44 | €1,361 | €42 | €2,649 | €3,241 | €5 | ▼ 99.9% |
| Suppliers440/4 | €1,361 | €42 | €2,649 | €3,241 | €5 | ▼ 99.9% |
| Taxes, remuneration and social security45 | €54,769 | €49,301 | €48,908 | €20,271 | €32,078 | ▲ 58.2% |
| Taxes450/3 | €50,633 | €49,301 | €48,424 | €20,271 | €32,078 | ▲ 58.2% |
| Remuneration and social security454/9 | €4,137 | - | €484 | - | - | - |
| Other amounts payable47/48 | - | €55,526 | €320,000 | - | €300,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €162,098 | €193,881 | €241,065 | €264,878 | €352,765 | ▲ 33.2% |
| + Depreciation and write-downs630 | €1,791 | €4,239 | €6,498 | €4,048 | €7,057 | ▲ 74.3% |
| Operating cash flow (approximation) | €163,888 | €198,120 | €247,563 | €268,926 | €359,823 | ▲ 33.8% |
| Investment in fixed assets (approximation) | - | -€14,636 | -€274,126 | -€2,373 | €0 | ▲ 100% |
| Change in cash | - | €92,032 | -€164,848 | -€120,705 | €238,150 | ▲ 297% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €352,765 ▲33.2%
Operating result €480,902, net result €352,765, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial
Liquidity times 12current ratio 10.46
Current ratio from 0.88 to 10.46; short-term debt falls from €371,557 to €23,513.
31-12
Financial
Equity above €500,000Eq €508,744 ▲109%
6 profitable years in a row build equity to €508,744.
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
11-09
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
2023
04-10
State Gazette act
Board meeting · Director appointment
Permanent representative
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500,000Eq €512,275 ▲42.9%
4 profitable years in a row build equity to €512,275.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200,000Eq €358,394 ▲82.6%
3 profitable years in a row build equity to €358,394.
Show earlier events
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150,000Eq €196,296 ▲204%
2 profitable years in a row build equity to €196,296.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-06
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Beringen · 1 establishment unit since 2019
Ground area
1,250 m²
Building footprint
154 m²
Volume, LiDAR
1,141 m³
Parcel 71382D1563/00G000, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PJM
since 20192.287.912.868
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71382D1563/00G000 | Flanders | 1,250 m² | 1 · 154 m² | 11.6 m · 3 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,784 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
Founded05-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0721871327
Also
9925:BE0721871327
Registered
16-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.