PMGBD
ActiveSummary
PMGBD has been active since 1966 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €451,787 and a net result of -€38,625. Equity is shrinking by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 1120 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability60▼-13
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 3.8 against 3.79 in 2023; short-term debt: 20.6% and cash: 48.2% of total assets), and 20.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
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
79.4%
Return on assets
-6.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
18 d late
2023
12 d late
2022
25 d late
2021
19 d late
2020
24 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 21 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, full schema
In the rankings
#8 oldest company in the Brussels-Capital Region, Architecture and engineering sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€38,625
2023 · €21,758
Working capital
€327,611▼ 7.7%
2023 · €354,818
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€197,997▼ 61.6%-€254,008▼ 28.3%€146,252€21,625▼ 85.2%-€38,143
Net result-€199,173below the sector's middle half▼ 61.2%-€255,711below the sector's middle half▼ 28.4%€144,789within the sector's middle half€21,758within the sector's middle half▼ 85.0%-€38,625below the sector's middle half
Equity€579,576within the sector's middle half▼ 25.6%€323,865within the sector's middle half▼ 44.1%€468,654within the sector's middle half▲ 44.7%€490,413within the sector's middle half▲ 4.6%€451,787within the sector's middle half▼ 7.9%
Total assets€793,717within the sector's middle half▼ 19.2%€467,620within the sector's middle half▼ 41.1%€690,631within the sector's middle half▲ 47.7%€622,387within the sector's middle half▼ 9.9%€568,839within the sector's middle half▼ 8.6%
Debt€214,141▲ 5.1%€143,755▼ 32.9%€221,977▲ 54.4%€131,974▼ 40.5%€117,051▼ 11.3%
Working capital€467,987within the sector's middle half▼ 29.5%€202,863within the sector's middle half▼ 56.7%€378,984within the sector's middle half▲ 86.8%€354,818within the sector's middle half▼ 6.4%€327,611within the sector's middle half▼ 7.7%
Solvency73.0%above the sector's middle half▼ 6.2pp69.3%above the sector's middle half▼ 3.8pp67.9%above the sector's middle half▼ 1.4pp78.8%above the sector's middle half▲ 10.9pp79.4%above the sector's middle half▲ 0.6pp
Current ratio3.50above the sector's middle half▼ 0.842.41within the sector's middle half▼ 1.092.71within the sector's middle half▲ 0.303.79above the sector's middle half▲ 1.083.80above the sector's middle half▲ 0.01
Return on assets (ROA)-25.1%below the sector's middle half▼ 12.5pp-54.7%below the sector's middle half▼ 29.6pp21.0%above the sector's middle half▲ 75.6pp3.5%within the sector's middle half▼ 17.5pp-6.8%below the sector's middle half▼ 10.3pp
Staff (FTE)7.4within the sector's middle half▼ 5.1%8within the sector's middle half▲ 8.1%7.2within the sector's middle half▼ 10.0%5within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €38,143 after €21,625 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €568,839
Fixed assets
€124,177 ▼ 11.6%
Current assets
€444,662 ▼ 7.7%
Equity and liabilities €568,839
Equity
€451,787 ▼ 7.9%
Debt
€117,051 ▼ 11.3%
Debt's share of the balance-sheet total falls from 21.2% to 20.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,745▼
2023 · €58,595
Cash flow
€3,263▼
2023 · €58,728
Debt to equity
0.26▼
2023 · 0.27
ROE
-8.5%▼
2023 · 4.4%
Interest coverage
7.76▼
2023 · 170.40
Debt ≤ 1 year
€117,051▼
2023 · €127,124
Staff costs
€697,450▲
2023 · €616,067
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €948,900 | €748,618 | €616,067 | €697,450 | ▲ 13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,633 | €39,098 | €34,122 | €36,970 | €41,888 | ▲ 13.3% |
| Other operating charges640/8 | - | €1,186 | - | €7,012 | €6,955 | ▼ 0.8% |
| Gross operating margin9900 | €792,885 | €735,176 | €928,992 | €681,674 | €708,150 | ▲ 3.9% |
| Operating profit (loss)9901 | -€197,997 | -€254,008 | €146,252 | €21,625 | -€38,143 | ▼ 276% |
| Financial income75/76B | - | €20 | €15 | €477 | €0 | ▼ 100.0% |
| Recurring financial income75 | €403 | €20 | €15 | €477 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | €627 | €445 | €344 | €482 | ▲ 40.3% |
| Recurring financial charges65 | €590 | €627 | €445 | €344 | €482 | ▲ 40.3% |
| Profit (loss) for the period before taxes9903 | -€198,184 | -€254,615 | €145,822 | €21,758 | -€38,625 | ▼ 278% |
| Income taxes67/77 | €989 | €1,096 | €1,033 | - | - | - |
| Profit (loss) for the period9904 | -€199,173 | -€255,711 | €144,789 | €21,758 | -€38,625 | ▼ 278% |
| Profit (loss) for the period to be appropriated9905 | -€199,173 | -€255,711 | €144,789 | €21,758 | -€38,625 | ▼ 278% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €793,717 | €467,620 | €690,631 | €622,387 | €568,839 | ▼ 8.6% |
| Fixed assets21/28 | €138,589 | €121,002 | €89,670 | €140,445 | €124,177 | ▼ 11.6% |
| Tangible fixed assets22/27 | €138,589 | €120,502 | €89,670 | €140,445 | €124,177 | ▼ 11.6% |
| Plant, machinery and equipment23 | - | €70,189 | €61,520 | €68,710 | €55,369 | ▼ 19.4% |
| Furniture and vehicles24 | - | €50,313 | €28,150 | €71,734 | €68,808 | ▼ 4.1% |
| Financial fixed assets28 | - | €500 | - | - | - | - |
| Current assets29/58 | €655,128 | €346,618 | €600,961 | €481,942 | €444,662 | ▼ 7.7% |
| Amounts receivable within one year40/41 | €164,143 | €124,121 | €135,965 | €225,599 | €164,844 | ▼ 26.9% |
| Trade receivables40 | - | €124,121 | €135,965 | €206,422 | €164,761 | ▼ 20.2% |
| Other amounts receivable41 | - | - | - | €19,176 | €83 | ▼ 99.6% |
| Current investments50/53 | €476,808 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €10,794 | €218,271 | €460,615 | €249,921 | €273,946 | ▲ 9.6% |
| Deferred charges and accrued income490/1 | - | €4,226 | €4,381 | €6,423 | €5,872 | ▼ 8.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €793,717 | €467,620 | €690,631 | €622,387 | €568,839 | ▼ 8.6% |
| Equity10/15 | €579,576 | €323,865 | €468,654 | €490,413 | €451,787 | ▼ 7.9% |
| Reserves13 | - | €20,132 | €20,132 | €20,132 | €20,132 | = |
| Profit (loss) carried forward14 | €559,444 | €303,733 | €448,522 | €470,281 | €431,655 | ▼ 8.2% |
| Amounts payable17/49 | €214,141 | €143,755 | €221,977 | €131,974 | €117,051 | ▼ 11.3% |
| Amounts payable within one year42/48 | €187,141 | €143,755 | €221,977 | €127,124 | €117,051 | ▼ 7.9% |
| Trade debts44 | €17,579 | €11,686 | €8,307 | €95,128 | €46,634 | ▼ 51.0% |
| Suppliers440/4 | - | €11,686 | €8,307 | €95,128 | €46,634 | ▼ 51.0% |
| Taxes, remuneration and social security45 | - | €132,069 | €213,670 | €31,996 | €70,417 | ▲ 120% |
| Taxes450/3 | - | €48,957 | €56,259 | €11,235 | €65,573 | ▲ 484% |
| Remuneration and social security454/9 | - | €83,112 | €157,411 | €20,761 | €4,844 | ▼ 76.7% |
| Accrued charges and deferred income492/3 | - | - | - | €4,850 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€199,173 | -€255,711 | €144,789 | €21,758 | -€38,625 | ▼ 278% |
| + Depreciation and write-downs630 | €41,633 | €39,098 | €34,122 | €36,970 | €41,888 | ▲ 13.3% |
| Operating cash flow (approximation) | -€157,540 | -€216,613 | €178,911 | €58,728 | €3,263 | ▼ 94.4% |
| Investment in fixed assets (approximation) | - | -€21,511 | -€2,790 | -€87,744 | -€25,620 | ▲ 70.8% |
| Change in cash | - | €207,477 | €242,344 | -€210,694 | €24,025 | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 18 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-12
Financial
Back to profitnet €144,789
Net result €144,789 after 4 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
31-12
Financial
Weakest financial yearnet -€255,711
Net result drops to -€255,711, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Brussel · 1 establishment unit since 1997
Ground area
1,357 m²
Building footprint
279 m²
Volume, LiDAR
2,810 m³
2 parcels, Brussels, Flanders · tallest building 23.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TECHNI - TEST - IONICONTROLE
since 19972.195.624.494
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23645C0318/00X000 | Flanders | 1,070 m² | 1 · 162 m² | 8.9 m · 2 fl. |
| 21807G0179/00Y009 | Brussels | 287 m² | 1 · 117 m² | 23.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,148 companies in sector 71209 we hold annual accounts for 1,090. 715 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded28-02-1966
Fiscal year end31-12
Legal name
TECHNI - TEST - IONICONTROLE
Abbreviation
TTIC
Activities, NACEBEL 2025
71209Other technical testing and analysis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0407145325
Also
9925:BE0407145325
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.