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PME

Active
Public limited companyfounded 198936 yrs activeSpelaanstraat 1a, 9620 Zottegem, BelgiumKBO/BCE: BE 0438.614.402

PME has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.07M and a net result of €13k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 20% of 1033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
52 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-1
Solvency41▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.02 in 2024; short-term debt: 81.7% and cash: 3% of total assets), and 83.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16.3%
Return on assets
0.2%
Age of the figures
15 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1033 sector peers (2025).
NBB · sector comparison
Position among 1033 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
14 d late
2023
on the day
2022
1 d early
2021
3 d early
2020
2 d early
2018
4 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.07M▲ 1.3%
2024 · €1.06M
2018: €460k 2021: €687k 2022: €1.02M 2023: €1.06M 2024: €1.06M
2018 → 2025
Total assets
€6.57M▼ 9.4%
2024 · €7.26M
2018: €4.27M 2021: €5.88M 2022: €7.39M 2023: €5.54M 2024: €7.26M
2018 → 2025
Net result
€13k▲ 488%
2024 · €2k
2018: €7k 2021: €366k 2022: €673k 2023: €36k 2024: €2k
2018 → 2025
Working capital
€127k▲ 18.8%
2024 · €107k
2018: €-155k 2021: €762k 2022: €762k 2023: €427k 2024: €107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€687k-€1.02M▲ 49.0%€1.06M▲ 3.5%€1.06M▲ 0.2%€1.07M▲ 1.3%
Operating result€555k-€906k▲ 63.1%€203k▼ 77.5%€180k▼ 11.3%€190k▲ 5.0%
Net result€366k-€673k▲ 84.1%€36k▼ 94.7%€2k▼ 93.7%€13k▲ 488%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€250k€500k€750k€1.00MOperating result 2021: €555k€555kNet result 2021: €366k€366kOperating result 2022: €906k€906kNet result 2022: €673k€673kOperating result 2023: €203k€203kNet result 2023: €36k€36kOperating result 2024: €180k€180kNet result 2024: €2k€2kOperating result 2025: €190k€190kNet result 2025: €13k€13k20212022202320242025
The operating result recovers in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.57M
Fixed assets €1.08M▼ 14.1%
Current assets €5.50M▼ 8.4%
Equity and liabilities €6.57M
Equity €1.07M▲ 1.3%
Debt €5.50M▼ 11.3%
The debt ratio falls from 85.4% to 83.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€372k
2024 · €344k
Cash flow
€196k
2024 · €166k
Solvency
16.3%
2024 · 14.6%
Current ratio
1.02
2024 · 1.02
Quick ratio
0.23
2024 · 0.24
Debt / equity
5.12
2024 · 5.84
ROE
1.2%
2024 · 0.2%
ROA
0.2%
2024 · 0.0%
Interest coverage
2.68
2024 · 2.81
Debt
€5.50M
2024 · €6.20M
Debt ≤ 1 year
€5.37M
2024 · €5.90M
Debt > 1 year
€124k
2024 · €294k
Income taxes
€42k
2024 · €62k
Staff costs
€1.17M
2024 · €1.50M
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€7.26M€6.57M
Fixed assets21/28€1.26M€1.08M
Intangible fixed assets21€302k€255k
Tangible fixed assets22/27€713k€583k
Plant, machinery and equipment23€78k€57k
Furniture and vehicles24€177k€117k
Other tangible fixed assets26€458k€409k
Financial fixed assets28€240k€240k=
Current assets29/58€6.00M€5.50M
Stocks and contracts in progress3€4.61M€4.26M
Stocks30/36€1.66M€1.61M
Contracts in progress37€2.95M€2.65M
Amounts receivable within one year40/41€1.28M€968k
Trade receivables40€966k€921k
Other amounts receivable41€318k€48k
Cash at bank and in hand54/58€64k€197k
Deferred charges and accrued income490/1€40k€66k
Equity and liabilities
Total equity and liabilities10/49€7.26M€6.57M
Equity10/15€1.06M€1.07M
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€999k€1.01M
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€993k€1.01M
Amounts payable17/49€6.20M€5.50M
Amounts payable after more than one year17€294k€124k
Financial debts170/4€294k€124k
Amounts payable within one year42/48€5.90M€5.37M
Current portion of amounts payable after more than one year42€252k€174k
Financial debts43€1.07M€1.02M
Credit institutions430/8€1.07M€1.02M
Trade debts44€1.33M€1.26M
Suppliers440/4€1.33M€1.26M
Advances received on contracts in progress46€2.91M€2.25M
Taxes, remuneration and social security45€336k€330k
Taxes450/3€168k€50k
Remuneration and social security454/9€168k€280k
Other amounts payable47/48€0€338k
Accrued charges and deferred income492/3€7k€7k
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€1.50M€1.17M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€164k€182k
Other operating charges640/8€38k€32k
Non-recurring operating charges66A€0-
Gross operating margin9900€1.88M€1.57M
Operating profit (loss)9901€180k€190k
Financial income75/76B€6k€4k
Recurring financial income75€6k€4k
Financial charges65/66B€122k€139k
Recurring financial charges65€122k€139k
Profit (loss) for the period before taxes9903€64k€55k
Income taxes67/77€62k€42k
Profit (loss) for the period9904€2k€13k
Profit (loss) for the period to be appropriated9905€2k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€2k€13k
Transfer to equity691/2€2k€13k
To other reserves6921€2k€13k
Social balance
Average headcount (FTE)908717.215.1

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
31-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-02
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 14 days late
2024
30-06
Financial Weakest financial yearnet €2k ▼93.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Highest result since 2018net €673k ▲84.1%
Operating result €906k, net result €673k, both a record.
30-06
Financial Equity above €1MEq €1.02M ▲49%
3 profitable years in a row build equity to €1.02M.
28-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial Equity above €500kEq €687k ▲49.1%
2 profitable years in a row build equity to €687k.
29-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
26-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-04
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Zottegem · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
4,708 m²
Building footprint
2,053 m²
Volume, LiDAR
13 m³
Parcel 41035A0289/00H000, Flanders · tallest building 4.1 m. Linked by address, not a title deed.
1 establishment unit
PLASTIC MACHINERY EQUIPMENT NV
Spelaanstraat 1A, 9620 ZottegemNACE 28520
since 19892.045.995.561
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41035A0289/00H000 Flanders 4,708 m² 1 · 2,053 m² 4.1 m
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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 1,861 EUR awarded · 1,809 EUR paid
Year Entries awardedpaid
2025 1 563 EUR563 EUR
2024 1 260 EUR307 EUR
2023 1 543 EUR444 EUR
2022 1 495 EUR495 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 1,861 EUR · 1,809 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 407 companies in sector 95210 we hold annual accounts for 116. 52 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded27-10-1989
Fiscal year end30-06
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
52720
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
43211General electrical installation work
46460Wholesale of pharmaceutical and medical goods
47400Retail sale of information and communication equipment
47410Retail trade
52487
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:info@pme-benelux.com
Enterprise