PNK
ActiveThe computed 12-month bankruptcy probability of PNK is 1.7% (moderate). The 2025 annual accounts show negative equity (€-283k) and a net result of €-125k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 10145 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
17
/ 100
Critical▲ +1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency33▼-3
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.6 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-2458.6%
Return on assets
-1082.8%
Age of the figures
14 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€283k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 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
27 d late
2024
28 d late
2023
9 d late
2022
on the day
2021
7 d late
2020
27 d early
2019
on the day
← 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 monthsPosition in the running window
30-06-2026 close10-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-283k▼ 78.7%
2024 · €-159k
2019: €89k
2020: €34k
2021: €38k
2022: €-26k
2023: €-261k
2024: €-159k
2019 → 2025
Total assets
€12k▼ 96.7%
2024 · €352k
2019: €590k
2020: €328k
2021: €613k
2022: €502k
2023: €337k
2024: €352k
2019 → 2025
Net result
€-125k
2024 · €102k
2019: €13k
2020: €-55k
2021: €4k
2022: €-65k
2023: €-235k
2024: €102k
2019 → 2025
Working capital
€-283k▼ 69.1%
2024 · €-168k
2019: €2k
2020: €-6k
2021: €7k
2022: €-45k
2023: €-261k
2024: €-168k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€-26k€-261k▼ 892%€-159k▲ 39.2%€-283k▼ 78.7%
Operating result€15k-€-53k€-218k▼ 307%€130k€-115k
Net result€4k-€-65k€-235k▼ 263%€102k€-125k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €115k after €130k in 2024.
Key figures and ratios
Solvency
-2458.6%▼
2024 · -45.1%
Current ratio
0.04▼
2024 · 0.60
Quick ratio
0.04▼
2024 · 0.28
Debt / equity
-1.04▲
2024 · -3.22
ROE
44.0%▲
2024 · -64.5%
ROA
-1082.8%▼
2024 · 29.1%
Debt
€295k▼
2024 · €511k
Debt ≤ 1 year
€295k▼
2024 · €418k
Staff costs
€7k▼
2024 · €80k
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€352k€12k▼
Fixed assets21/28€102k-
Tangible fixed assets22/27€102k-
Plant, machinery and equipment23€102k-
Current assets29/58€250k€12k▼
Stocks and contracts in progress3€132k-
Stocks30/36€132k-
Amounts receivable within one year40/41€55k€10k▼
Trade receivables40€21k-
Other amounts receivable41€34k€10k▼
Cash at bank and in hand54/58€60k€2k▼
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€352k€12k▼
Equity10/15€-159k€-283k▼
Contributions10/11€30k€30k=
Reserves13€48k€48k=
Tax-exempt reserves132€45k€45k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-237k€-362k▼
Amounts payable17/49€511k€295k▼
Amounts payable after more than one year17€93k-
Financial debts170/4€93k-
Amounts payable within one year42/48€418k€295k▼
Current portion of amounts payable after more than one year42€36k-
Trade debts44€363k€3k▼
Suppliers440/4€363k€3k▼
Advances received on contracts in progress46€745-
Taxes, remuneration and social security45€8k€2k▼
Taxes450/3-€2k
Remuneration and social security454/9€8k-
Other amounts payable47/48€10k€289k▲
Income statement
Code20242025
Remuneration, social security and pensions62€80k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k-
Other operating charges640/8€2k€62k▲
Gross operating margin9900€269k€-45k▼
Operating profit (loss)9901€130k€-115k▼
Financial income75/76B€4k€88▼
Recurring financial income75€4k€88▼
Financial charges65/66B€32k€10k▼
Recurring financial charges65€32k€10k▼
Profit (loss) for the period before taxes9903€102k€-125k▼
Profit (loss) for the period9904€102k€-125k▼
Profit (loss) for the period to be appropriated9905€102k€-125k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-237k€-362k▼
Profit (loss) brought forward from the previous period14P€-339k€-237k▲
Social balance
Average headcount (FTE)90872.30.1▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-06
Financial
Back to profitnet €102k
Net result €102k after 2 loss-making years.
09-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
30-06
Financial
Weakest financial yearnet €-235k
Net result drops to €-235k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 7 days late
2021
30-06
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 25 days late
2018
07-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Roeselare
Ground area
1,105 m²
Building footprint
851 m²
Volume, LiDAR
4,223 m³
Parcel 36017A0283/00F000, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017A0283/00F000 | Flanders | 1,105 m² | 1 · 851 m² | 12.6 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 10,407 companies in sector 47110 we hold annual accounts for 5,786. 4,494 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-04-2012
Fiscal year end30-06
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.