Financials
- Fiscal year
- 2025
- Total assets
- €199,205
- Profit
- €692
- Solvency
- -44.9%
Total assets▼ 8.6%
Net result
20182025
PKM
ActiveSummary
PKM has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€89,531) and a net result of €692. Equity is shrinking by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 12348 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Agents in non-specialised wholesale trade
NACE 46190Cafés and bars NACE 56301
1 site
Size
€199,205total assets 2025
- Equity
- -€89,531
- Profit
- €692
Turnover not published (abridged schema)
Structure
Accounts filed 30 d late0 of 4 deeds read
Why 54Capped at 59: negative equity- Negative equity -€89,531- Sector Wholesale trade (NACE 46)+ Size: total assets €199,205+ Founded in 2011Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 28% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -44.9% of total assets
Liquidity
10-1
short-term debt 91.9% · cash 7.7%
Profitability
69+69
return on assets 0.3%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 14 months
09-2025: 1.5%
10-2025: 1.5%● 0.0% vs 09-2025
11-2025: 1.5%● 0.0% vs 10-2025
12-2025: 1.5%● 0.0% vs 11-2025
01-2026: 1.5%▼ -1.0% vs 12-2025
02-2026: 1.5%● 0.0% vs 01-2026
03-2026: 1.5%▼ -2.2% vs 02-2026
04-2026: 1.5%▲ +0.2% vs 03-2026
05-2026: 1.4%▼ -2.2% vs 04-2026
06-2026: 1.4%▼ -2.4% vs 05-2026
07-2026: 1.5%▲ +5.5% vs 06-2026
08-2026: 2.0%▲ +33.8% vs 07-2026highest value
09-2026: 0.6%▼ -68.2% vs 08-2026lowest value
10-2026: 0.6%● 0.0% vs 09-2026lowest value
- Size: total assets €199,205 lowers the probability for this profile
- Negative equity -€89,531 raises the probability
- Founded in 2011 lowers the probability for this profile
- Sector Wholesale trade (NACE 46) raises the probability
No credit on open account
Liquidity short (current ratio 0.21 against 0.19 in 2024; short-term debt: 91.9% and cash: 7.7% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 6%, liquidity 11%, profitability 52%, growth against the median 43%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 12348 sector peers (2025).
NBB · sector comparisonPosition among 12348 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
26 d late
2023
27 d late
2022
7 d early
2021
26 d late
2020
91 d late
2019
87 d 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 40 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 26 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €692
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-08-2026Annual accounts filed
- 31-12-2025Back to profit
- 26-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Founded
- 16-09-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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