PMW
ActiveSummary
PMW has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €541k and a net result of €45k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-3
Solvency97▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 6.69 against 6.36 in 2023; short-term debt: 4.4% and cash: 18% of total assets), and 27.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 71
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
72.1%
Return on assets
6.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
33 d early
2022
60 d late
2021
44 d early
2020
5 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€541k▲ 9.2%
2023 · €495k
2018: €247k
2019: €256k
2020: €295k
2021: €340k
2022: €438k
2023: €495k
2018 → 2024
Total assets
€750k▲ 4.4%
2023 · €718k
2018: €378k
2019: €348k
2020: €395k
2021: €415k
2022: €595k
2023: €718k
2018 → 2024
Net result
€45k▼ 20.3%
2023 · €57k
2018: €21k
2019: €9k
2020: €40k
2021: €44k
2022: €99k
2023: €57k
2018 → 2024
Working capital
€189k▲ 28.2%
2023 · €147k
2018: €67k
2019: €70k
2020: €102k
2021: €144k
2022: €220k
2023: €147k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€295k-€340k▲ 15.0%€438k▲ 29.1%€495k▲ 13.0%€541k▲ 9.2%
Operating result€52k-€55k▲ 7.0%€125k▲ 127%€79k▼ 37.0%€64k▼ 18.8%
Net result€40k-€44k▲ 12.1%€99k▲ 123%€57k▼ 42.3%€45k▼ 20.3%
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 has fallen two years in a row; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €750k
Fixed assets
€528k ▼ 2.9%
Current assets
€222k ▲ 27.1%
Equity and liabilities €750k
Equity
€541k ▲ 9.2%
Provisions
€10k =
Debt
€199k ▼ 6.7%
Debt's share of the balance-sheet total falls from 29.7% to 26.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€85k▼
2023 · €105k
Cash flow
€66k▼
2023 · €83k
Current ratio
6.69▲
2023 · 6.36
Debt to equity
0.37▼
2023 · 0.43
ROE
8.4%▼
2023 · 11.5%
ROA
6.1%▼
2023 · 7.9%
Interest coverage
11.39▼
2023 · 15.92
Debt ≤ 1 year
€33k▲
2023 · €27k
Debt > 1 year
€165k▼
2023 · €185k
Income taxes
€14k▼
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€718k€750k▲
Formation expenses20-€0
Fixed assets21/28€544k€528k▼
Tangible fixed assets22/27€536k€520k▼
Land and buildings22€522k€508k▼
Plant, machinery and equipment23€9k€5k▼
Furniture and vehicles24€5k€7k▲
Financial fixed assets28€8k€8k=
Current assets29/58€175k€222k▲
Amounts receivable after more than one year29€40k€60k▲
Other amounts receivable291€40k€60k▲
Amounts receivable within one year40/41€29k€22k▼
Trade receivables40€13k€19k▲
Other amounts receivable41€15k€3k▼
Cash at bank and in hand54/58€102k€135k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€718k€750k▲
Equity10/15€495k€541k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€475k€520k▲
Provisions and deferred taxes16€10k€10k=
Provisions for liabilities and charges160/5€10k€10k=
Major repairs and maintenance162€10k€10k=
Amounts payable17/49€213k€199k▼
Amounts payable after more than one year17€185k€165k▼
Financial debts170/4€185k€165k▼
Amounts payable within one year42/48€27k€33k▲
Current portion of amounts payable after more than one year42€19k€20k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€4k€11k▲
Taxes450/3€4k€11k▲
Accrued charges and deferred income492/3€780€780=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€21k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€107k€88k▼
Operating profit (loss)9901€79k€64k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€75k€59k▼
Income taxes67/77€18k€14k▼
Profit (loss) for the period9904€57k€45k▼
Profit (loss) for the period to be appropriated9905€57k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€475k€520k▲
Profit (loss) brought forward from the previous period14P€418k€475k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €541k ▲9.2%
7 profitable years in a row build equity to €541k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Highest result since 2018net €99k ▲123%
Operating result €125k, net result €99k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
31-12
Financial
Weakest financial yearnet €9k ▼59%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-06
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 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2007
Ground area
361 m²
Building footprint
117 m²
Volume, LiDAR
794 m³
Parcel 46003B0542/00R000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PMW
since 20072.166.268.237
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46003B0542/00R000 | Flanders | 360 m² | 1 · 117 m² | 10.4 m · 2 fl. |
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.
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,560. 4,316 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2007
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.