PM ELEC
ActiveThe computed 12-month bankruptcy probability of PM ELEC is 3.2% (moderate). The 2024 annual accounts show equity of €89k and a net result of €20k. Equity is growing by ~32% per year across the filed fiscal years. Its solvency ranks better than 95% of 36373 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▼-4
Solvency100▲+5
Growth52=
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 18.11 against 3.21 in 2023; short-term debt: 5.3% and cash: 17.7% of total assets), and 5.3% 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.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-12-2025, 133 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
133 d late
2023
44 d late
2022
358 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€411k
EBIT margin
10.8%
Net result
€20k▼ 16.6%
2023 · €24k
2022: €44k
2023: €24k
2022 → 2024
Working capital
€85k▲ 31.3%
2023 · €65k
2022: €42k
2023: €65k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€411k-
Equity€45k-€69k▲ 53.6%€89k▲ 29.1%
Operating result€44k-€24k▼ 44.9%€33k▲ 36.7%
Net result€44k-€24k▼ 45.8%€20k▼ 16.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 37% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €94k
Fixed assets
€4k▼ 5.5%
Current assets
€90k▼ 4.4%
Equity and liabilities €94k
Equity
€89k▲ 29.1%
Debt
€5k▼ 83.1%
The debt ratio falls from 29.9% to 5.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▲
2023 · €26k
Cash flow
€21k▼
2023 · €25k
Solvency
94.7%▲
2023 · 70.1%
Current ratio
18.11▲
2023 · 3.21
Quick ratio
18.11▲
2023 · 3.21
Debt / equity
0.06▼
2023 · 0.43
ROE
22.5%▼
2023 · 34.9%
ROA
21.3%▼
2023 · 24.5%
Interest coverage
80.56▲
2023 · 55.23
Debt
€5k▼
2023 · €29k
Debt ≤ 1 year
€5k▼
2023 · €29k
Income taxes
€13k
Staff costs
€141k▲
2023 · €131k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€98k€94k▼
Fixed assets21/28€4k€4k▼
Tangible fixed assets22/27€2k€374▼
Plant, machinery and equipment23€2k€374▼
Furniture and vehicles24€317€0▼
Financial fixed assets28€2k€3k▲
Current assets29/58€94k€90k▼
Amounts receivable within one year40/41€59k€73k▲
Trade receivables40€22k€11k▼
Other amounts receivable41€37k€62k▲
Cash at bank and in hand54/58€35k€17k▼
Equity and liabilities
Total equity and liabilities10/49€98k€94k▼
Equity10/15€69k€89k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€68k€88k▲
Amounts payable17/49€29k€5k▼
Amounts payable within one year42/48€29k€5k▼
Trade debts44€26k€3k▼
Suppliers440/4€4k€3k▼
Bills of exchange payable441€22k€0▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€736€558▼
Remuneration and social security454/9€2k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€131k€141k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€159k€178k▲
Operating profit (loss)9901€24k€33k▲
Financial charges65/66B€469€434▼
Recurring financial charges65€469€433▼
Non-recurring financial charges66B-€1
Profit (loss) for the period before taxes9903€24k€33k▲
Income taxes67/77-€13k
Profit (loss) for the period9904€24k€20k▼
Profit (loss) for the period to be appropriated9905€24k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€68k€88k▲
Profit (loss) brought forward from the previous period14P€44k€68k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 133 days late
2024
31-12
Financial
Weakest financial yearnet €20k ▼16.6%
Net result drops to €20k, the lowest in the series.
31-12
Financial
Liquidity times 6current ratio 18.11
Current ratio from 3.21 to 18.11; short-term debt falls from €29k to €5k.
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 358 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Roosdaal · 2 establishment units 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.
Gasthuisstraat 1341760 RoosdaalGround area
399 m²
Building footprint
86 m²
Volume, LiDAR
518 m³
2 parcels, Brussels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
DSG Plus
since 20212.326.662.784
PM ELEC
since 20232.343.767.052
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23097C0083/00W002 | Flanders | 275 m² | 1 · 86 m² | 9.3 m · 2 fl. |
| 21526D0069/02W006 | Brussels | 123 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
CHAUFFAGE ET SANITAIRE H. PERIN et FILS
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GME CHAUFFAGE
BE 0630.739.134
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SANDIVER
BE 0864.050.462
Antwerpen · Eq €89k
COOLPAC
BE 0834.242.263
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ANNA CLEANING COMPANY
BE 0728.706.461
Jette · Eq €89k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,883 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2021
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:contact@pmelec.be