PM EUROPE
ActivePM EUROPE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €25k and a net result of €2k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 69% of 9039 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
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
Profitability53▼-30
Solvency87▼-12
Growth74▲+14
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 2.23 against 3.08 in 2023; short-term debt: 37.5% and cash: 19% of total assets), and 37.5% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
62.5%
Return on assets
4.3%
Age of the figures
21 mo
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 30-10-2025, 91 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
75 d late
2022
71 d late
2021
78 d late
2020
88 d late
2019
68 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€106k▲ 103%
2023 · €52k
2018: €59k
2019: €47k
2020: €42k
2021: €43k
2022: €45k
2023: €52k
2018 → 2024
EBIT margin
6.5%▼ 10.5pp
2023 · 16.9%
2018: 3.4%
2019: 8.1%
2020: 8.4%
2021: 9.9%
2022: 14.4%
2023: 16.9%
2018 → 2024
Net result
€2k▼ 65.8%
2023 · €5k
2018: €-670
2019: €722
2020: €896
2021: €1k
2022: €3k
2023: €5k
2018 → 2024
Working capital
€19k▲ 6.1%
2023 · €18k
2018: €11k
2019: €13k
2020: €14k
2021: €15k
2022: €13k
2023: €18k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€42k-€43k▲ 1.8%€45k▲ 5.5%€52k▲ 15.9%€106k▲ 103%
Equity€14k-€15k▲ 9.3%€18k▲ 22.0%€24k▲ 27.9%€25k▲ 7.5%
Operating result€4k-€4k▲ 19.5%€6k▲ 53.5%€9k▲ 36.2%€7k▼ 22.3%
Net result€896-€1k▲ 43.9%€3k▲ 159%€5k▲ 54.7%€2k▼ 65.8%
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 falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €41k
Fixed assets
€7k▲ 11.4%
Current assets
€34k▲ 29.8%
Equity and liabilities €41k
Equity
€25k▲ 7.5%
Debt
€15k▲ 79.1%
The debt ratio rises from 26.5% to 37.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10k▼
2023 · €11k
Cash flow
€5k▼
2023 · €7k
Solvency
62.5%▼
2023 · 73.5%
Current ratio
2.23▼
2023 · 3.08
Quick ratio
1.39▼
2023 · 2.03
Debt / equity
0.60▲
2023 · 0.36
ROE
6.9%▼
2023 · 21.8%
ROA
4.3%▼
2023 · 16.0%
Interest coverage
3.13▼
2023 · 4.21
Debt
€15k▲
2023 · €9k
Debt ≤ 1 year
€15k▲
2023 · €9k
Income taxes
€2k▲
2023 · €1k
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€32k€41k▲
Fixed assets21/28€6k€7k▲
Tangible fixed assets22/27€6k€7k▲
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€4k€2k▼
Current assets29/58€26k€34k▲
Stocks and contracts in progress3€9k€13k▲
Stocks30/36€9k€13k▲
Amounts receivable within one year40/41€3k€3k▼
Trade receivables40€3k€3k▼
Cash at bank and in hand54/58€7k€8k▲
Deferred charges and accrued income490/1€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€32k€41k▲
Equity10/15€24k€25k▲
Contributions10/11€24k€24k=
Profit (loss) carried forward14€-200€2k▲
Amounts payable17/49€9k€15k▲
Amounts payable within one year42/48€9k€15k▲
Trade debts44€4k€10k▲
Suppliers440/4€4k€10k▲
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Income statement
Code20232024
Turnover70€52k€106k▲
Goods, raw materials, services and sundry goods60/61€41k€96k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Gross operating margin9900€11k€10k▼
Operating profit (loss)9901€9k€7k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€6k€4k▼
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€5k€2k▼
Profit (loss) for the period to be appropriated9905€5k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-200€2k▲
Profit (loss) brought forward from the previous period14P€-5k€-200▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 91 days late
2024
14-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 75 days late
2023
31-12
Financial
Highest result since 2018net €5k ▲54.7%
Operating result €9k, net result €5k, both a record.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
31-12
Financial
Back to profitnet €722
Net result €722 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
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, Kortenaken · 2 establishment units since 1992
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.
Uilstraat 493470 KortenakenGround area
2,146 m²
Building footprint
373 m²
Volume, LiDAR
2,012 m³
2 parcels, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
PM Europe
since 19922.055.642.113
Sports Nutrition Advice
since 20072.162.463.857
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24035A0173/00D002 | Flanders | 1,214 m² | 1 · 222 m² | 4.9 m · 1 fl. |
| 24042D0216/00P000 | Flanders | 932 m² | 1 · 151 m² | 9.9 m · 3 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortenaken2.162.463.857
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Of 1,565 companies in sector 46900 we hold annual accounts for 920. 384 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-1991
Fiscal year end31-12
Abbreviation NL
P.M. Europe
Activities, NACEBEL
46900Non-specialised wholesale trade
51900
46499Wholesale of other household goods
51478
Sources
Crossroads Bank for EnterprisesNational Bank · 33 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 entryPhone:0475689027