PJM Services
ActivePJM Services has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €73k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 78% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency94▲+66
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.9 against 0.88 in 2024; short-term debt: 31.4% and cash: 54.7% of total assets), and 31.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
68.6%
Return on assets
66.4%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
4 d early
2024
18 d early
2023
19 d early
2022
19 d early
2021
21 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 2,923%
2024 · €3k
2021: €49k
2022: €85k
2023: €122k
2024: €3k
2021 → 2025
Total assets
€110k▲ 50.0%
2024 · €73k
2021: €72k
2022: €126k
2023: €148k
2024: €73k
2021 → 2025
Net result
€73k▲ 3.0%
2024 · €71k
2021: €47k
2022: €36k
2023: €36k
2024: €71k
2021 → 2025
Working capital
€66k
2024 · €-8k
2021: €49k
2022: €74k
2023: €107k
2024: €-8k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€85k▲ 74.0%€122k▲ 42.2%€3k▼ 97.9%€76k▲ 2,923%
Operating result€59k-€47k▼ 20.4%€47k▲ 1.2%€90k▲ 90.7%€95k▲ 5.3%
Net result€47k-€36k▼ 22.1%€36k▼ 0.8%€71k▲ 96.8%€73k▲ 3.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €110k
Fixed assets
€10k▼ 7.3%
Current assets
€100k▲ 59.9%
Equity and liabilities €110k
Equity
€76k▲ 2,923%
Debt
€35k▼ 51.3%
The debt ratio falls from 96.6% to 31.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€100k▲
2024 · €94k
Cash flow
€78k▲
2024 · €75k
Solvency
68.6%▲
2024 · 3.4%
Current ratio
2.90▲
2024 · 0.88
Quick ratio
2.90▲
2024 · 0.88
Debt / equity
0.46▼
2024 · 28.37
ROE
96.7%
ROA
66.4%▼
2024 · 96.7%
Interest coverage
79.91▲
2024 · 60.64
Debt
€35k▼
2024 · €71k
Debt ≤ 1 year
€35k▼
2024 · €71k
Income taxes
€21k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€73k€110k▲
Fixed assets21/28€11k€10k▼
Tangible fixed assets22/27€11k€10k▼
Land and buildings22€11k€7k▼
Furniture and vehicles24-€3k
Current assets29/58€63k€100k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€45k€37k▼
Trade receivables40€45k€37k▼
Cash at bank and in hand54/58€17k€60k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€73k€110k▲
Equity10/15€3k€76k▲
Contributions10/11€3k€3k=
Reserves13€0€73k▲
Distributable reserves133€0€73k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€71k€35k▼
Amounts payable within one year42/48€71k€35k▼
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Taxes, remuneration and social security45€56k€18k▼
Taxes450/3€56k€18k▼
Other amounts payable47/48€11k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€98k€101k▲
Operating profit (loss)9901€90k€95k▲
Financial income75/76B€2k€1▼
Recurring financial income75€2k€1▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€91k€94k▲
Income taxes67/77€20k€21k▲
Profit (loss) for the period9904€71k€73k▲
Profit (loss) for the period to be appropriated9905€71k€73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€73k▲
Transfer from equity791/2€119k€0▼
Transfer to equity691/2€0€73k▲
To other reserves6921€0€73k▲
Profit to be distributed694/7€190k€0▼
Return on contributions (dividend)694€190k€0▼
The notes to these accounts (9 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €73k ▲3%
Operating result €95k, net result €73k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.90
Current ratio from 0.88 to 2.90; short-term debt falls from €71k to €35k.
13-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €36k ▼0.8%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €122k ▲42.2%
3 profitable years in a row build equity to €122k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herentals · 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.
Mie Broosplein 132200 HerentalsGround area
2,169 m²
Building footprint
26 m²
Parcel 13302D1054/00H000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
PJM Services
since 20212.315.809.672
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D1054/00H000 | Flanders | 2,169 m² | 1 · 26 m² | 0.1 m |
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.
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Of 11,749 companies in sector 68310 we hold annual accounts for 6,906. 5,103 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2021
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.