Equity
-€12,585
Debts exceed assets in financial year 2026.
PM3
Lifetime
9 annual accounts with figures on one time axispeak €13,020 (2019)
-€2,203▼ €8,682
lowest -€14,680 (2024)
-€2,248▼ €7,181
peak €13,563 (2019)
-€12,585▼ €2,248
€14,764▲ 39.2%
Board1 name since 2016
1 directorMiechielssens Peter
Documentsfilings and deeds
06-10-20266 days late
2026micro format
Gross margin from €6,479 to -€2,203Loss of €2,248Equity from -€10,337 to -€12,585Debts from €10,604 to €14,764
Key points
from the 2026 annual accountsFilings
9 annual accounts 6 late
The 2023 accounts came latest: 39 days after the end of the period.
Position in the sector
-577.6%
Lower solvency than 95% of companies in repair and installation of machinery. Sector median 43.0% · 64 companies.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 9% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,397 companies (NACE 33, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.4%▼ -0.1 percentage points vs 06-2025
08-2025: 1.4%● unchanged vs 07-2025
09-2025: 1.5%▲ +0.1 percentage points vs 08-2025
10-2025: 2.1%▲ +0.6 percentage points vs 09-2025highest value
11-2025: 0.8%▼ -1.3 percentage points vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.7%▼ -0.1 percentage points vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026lowest value
09-2026: 0.8%▲ +0.1 percentage points vs 08-2026
10-2026: 1.4%▲ +0.6 percentage points vs 09-2026
11-2026: 1.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Loss of €2,248 (financial year 2026)
Negative equity -€12,585
Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
lowers risk
Size: total assets €2,179
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro). It does better than 3% of them on solvency, 10% on liquidity, 4% on profitability and 17% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 28-02-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,907 companies had the same profile as PM3 has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PM3 itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,907 companies, not a prediction for PM3. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year -€12,585
raises risk · 2026 accounts filed 6 days late
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 06-10-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2026
6 days late
2025
6 days late
2024
7 days late
2023
39 days late
2022
26 days late
2021
25 days late
2020
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. The company usually files around 7 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today28-02-2027 year end30-09-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0652693402
Incorporation
published on 22-04-2016 · Gazette deed
First establishment
Meidoornstraat 6, Zwevegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PM3 Zwevegem | €2,179 | -€2,203 | -577.6% | - |
| Schutter Belgium Ghent | €2,176 | -€7,237 | -27113.2% | - |
| SECUDATA Tongeren-Borgloon | €7,223 | -€1,173 | -84.3% | - |
| PLUGZOO Blegny | €3,250 | €3,117 | -255.7% | - |
| PLUG UP Wavre | €5,328 | -€1,034 | 86.9% | - |
| Watt4you Braine-le-Château | €10,291 | -€4,096 | -557.0% | - |
| OnTRA Ixelles | €7,710 | €281 | 44.3% | - |
These companies have the same main activity as PM3: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €2,180 and €10,300, founded between 2013 and 2022.
Official details
Source: KBO- Status
- Active since 20-04-2016Normal situation
- Activity
- Installation of industrial machinery and equipmentNACE 33200and 4 others
- Establishment unit
- 2.253.771.6408550 Zwevegem, since 20-04-2016
- Financial year end
- 28 February
- Peppol
- Reachable since 27-04-2026
Insights on PM3
PM3 files the micro format. That format states no turnover. The gross margin fell from -€662 in 2018 to -€2,203 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PM3
- What is the company number of PM3?
- The company number of PM3 is 0652.693.402. The VAT number is the same number with BE in front: BE 0652.693.402.
- Where is PM3 based?
- The registered office is at Meidoornstraat 6, 8550 Zwevegem.Company details
- What does PM3 do?
- According to the KBO register, the main activity is installation of industrial machinery and equipment (NACE 33200).
- What is the legal form of PM3?
- PM3 is a private limited company (pre-2019) (BVBA).
- When was PM3 founded?
- PM3 was founded on 20-04-2016.
- Is PM3 still active?
- Yes, PM3 is an active enterprise in the KBO register.
- What is the turnover of PM3?
- The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
- Is PM3 profitable?
- In financial year 2026, PM3 made a loss of €2,248.
- Where can I find the annual accounts of PM3?
- PM3 filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of PM3 due?
- PM3 must file the annual accounts for financial year 2027 by 30-09-2027.Timeline
Next steps
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