PKY-CONNECT
ActivePKY-CONNECT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €281k and a net result of €-27k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 17046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-80
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 17.69 against 14.71 in 2024; short-term debt: 4.4% and cash: 59.9% of total assets), and 4.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
86 d early
2023
68 d early
2022
34 d early
2021
22 d late
2020
26 d late
2019
28 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€281k▼ 8.8%
2024 · €308k
2018: €179k
2019: €177k
2020: €209k
2021: €201k
2022: €228k
2023: €258k
2024: €308k
2018 → 2025
Total assets
€294k▼ 16.0%
2024 · €350k
2018: €301k
2019: €406k
2020: €222k
2021: €208k
2022: €240k
2023: €270k
2024: €350k
2018 → 2025
Net result
€-27k
2024 · €51k
2018: €35k
2019: €-2k
2020: €31k
2021: €-7k
2022: €27k
2023: €32k
2024: €51k
2018 → 2025
Working capital
€218k▼ 12.2%
2024 · €248k
2018: €175k
2019: €173k
2020: €206k
2021: €200k
2022: €222k
2023: €232k
2024: €248k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€228k▲ 13.3%€258k▲ 13.1%€308k▲ 19.3%€281k▼ 8.8%
Operating result€-7k-€34k€39k▲ 16.8%€69k▲ 74.2%€-30k
Net result€-7k-€27k€32k▲ 17.5%€51k▲ 63.2%€-27k
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 2025: a loss of €30k after €69k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €294k
Fixed assets
€63k▼ 24.7%
Current assets
€231k▼ 13.3%
Equity and liabilities €294k
Equity
€281k▼ 8.8%
Debt
€13k▼ 68.8%
The debt ratio falls from 12.0% to 4.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2024 · €77k
Cash flow
€-6k▼
2024 · €59k
Solvency
95.6%▲
2024 · 88.0%
Current ratio
17.69▲
2024 · 14.71
Quick ratio
17.68▲
2024 · 13.51
Debt / equity
0.05▼
2024 · 0.14
ROE
-9.7%▼
2024 · 16.7%
ROA
-9.2%▼
2024 · 14.7%
Interest coverage
-77.02▼
2024 · 610.47
Debt
€13k▼
2024 · €42k
Debt ≤ 1 year
€13k▼
2024 · €18k
Income taxes
€328▼
2024 · €19k
Staff costs
€18k
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€350k€294k▼
Fixed assets21/28€84k€63k▼
Tangible fixed assets22/27€84k€63k▼
Plant, machinery and equipment23€6k€2k▼
Furniture and vehicles24€77k€61k▼
Other tangible fixed assets26€0-
Financial fixed assets28€185€185=
Current assets29/58€266k€231k▼
Stocks and contracts in progress3€22k€101▼
Stocks30/36€22k€101▼
Amounts receivable within one year40/41€129k€49k▼
Trade receivables40€129k€45k▼
Other amounts receivable41€28€5k▲
Cash at bank and in hand54/58€109k€176k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€350k€294k▼
Equity10/15€308k€281k▼
Contributions10/11€12k€12k=
Reserves13€256k€256k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€254k€254k=
Profit (loss) carried forward14€39k€12k▼
Amounts payable17/49€42k€13k▼
Amounts payable within one year42/48€18k€13k▼
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€11k€10k▼
Taxes450/3€11k€10k▼
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€24k-
Income statement
Code20242025
Non-recurring operating income76A€9k-
Remuneration, social security and pensions62-€18k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€21k▲
Other operating charges640/8€481€465▼
Non-recurring operating charges66A€0-
Gross operating margin9900€77k€9k▼
Operating profit (loss)9901€69k€-30k▼
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€125€127▲
Recurring financial charges65€125€127▲
Profit (loss) for the period before taxes9903€71k€-27k▼
Income taxes67/77€19k€328▼
Profit (loss) for the period9904€51k€-27k▼
Profit (loss) for the period to be appropriated9905€51k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€12k▼
Profit (loss) brought forward from the previous period14P€29k€39k▲
Transfer to equity691/2€40k-
To other reserves6921€40k-
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (7 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
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-27k ▼153%
Net result drops to €-27k, the lowest in the series.
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €51k ▲63.2%
Operating result €69k, net result €51k, both a record.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 16.32
Current ratio from 1.78 to 16.32; short-term debt falls from €222k to €13k.
31-12
Financial
Equity above €200kEq €209k ▲17.7%
Equity rises from €177k to €209k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Erpe-Mere · 1 establishment unit since 2010
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.
Merestraat 879420 Erpe-MereGround area
372 m²
Building footprint
147 m²
Volume, LiDAR
625 m³
Parcel 41016C0935/00V000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PKY-connect
since 20102.191.940.375
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016C0935/00V000 | Flanders | 372 m² | 1 · 147 m² | 8.5 m · 1 fl. |
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.
Similar companies · same sector, comparable size
Concept2Go Solutions
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BE 0840.766.108
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SCIOLAN
BE 0834.588.592
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BPEA CONSULTING
BE 0678.518.760
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ManCloud
BE 0549.988.515
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 13,920 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2010
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
46500Wholesale of information and communication equipment
46510Wholesale trade
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.