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PNL COMPUTERS

Active
Private limited company (pre-2019)founded 2000active for 26 yearsKoninginnelaan(E) 119, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0472.958.835
Summary

PNL COMPUTERS has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153,782 and a net result of €12,679. Equity is growing by about 4.9% per year across the filed financial years. Its solvency ranks better than 60% of 22,382 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00422136.

Equity
€153,782▲ 9.0%
2024 · €141,102
Total assets
€339,051▲ 8.5%
2024 · €312,464
Net result
€12,679▲ 198%
2024 · €4,259
Working capital
€139,945▲ 7.0%
2024 · €130,793
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 108% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€20,606 2025 Net result€12,679 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€34,502-€67,850€4,198▼ 93.8%€7,217▲ 71.9%€7,152▼ 0.9%€22,917▲ 220%€9,886▼ 56.9%€20,606▲ 108%
Net result-€38,658-€51,889€593within the sector's middle half▼ 98.9%€3,110within the sector's middle half▲ 424%€343within the sector's middle half▼ 89.0%€12,043within the sector's middle half▲ 3,410%€4,259within the sector's middle half▼ 64.6%€12,679within the sector's middle half▲ 198%
Equity€68,865-€120,755▲ 75.3%€121,348above the sector's middle half▲ 0.5%€124,458above the sector's middle half▲ 2.6%€124,801above the sector's middle half▲ 0.3%€136,843above the sector's middle half▲ 9.6%€141,102above the sector's middle half▲ 3.1%€153,782above the sector's middle half▲ 9.0%
Total assets€222,114-€291,365▲ 31.2%€277,727within the sector's middle half▼ 4.7%€281,363within the sector's middle half▲ 1.3%€445,828above the sector's middle half▲ 58.5%€281,290within the sector's middle half▼ 36.9%€312,464within the sector's middle half▲ 11.1%€339,051above the sector's middle half▲ 8.5%
Debt€153,249-€170,610▲ 11.3%€156,379▼ 8.3%€156,906▲ 0.3%€321,028▲ 105%€144,446▼ 55.0%€171,361▲ 18.6%€185,269▲ 8.1%
Working capital€55,364-€106,322▲ 92.0%€100,782above the sector's middle half▼ 5.2%€113,869above the sector's middle half▲ 13.0%€113,077above the sector's middle half▼ 0.7%€129,138above the sector's middle half▲ 14.2%€130,793above the sector's middle half▲ 1.3%€139,945above the sector's middle half▲ 7.0%
Solvency31.0%-41.4%▲ 10.4pp43.7%within the sector's middle half▲ 2.2pp44.2%within the sector's middle half▲ 0.5pp28.0%within the sector's middle half▼ 16.2pp48.6%within the sector's middle half▲ 20.7pp45.2%within the sector's middle half▼ 3.5pp45.4%within the sector's middle half▲ 0.2pp
Current ratio1.70-2.00▲ 0.301.99within the sector's middle half▼ 0.012.02within the sector's middle half▲ 0.041.39within the sector's middle half▼ 0.632.11within the sector's middle half▲ 0.711.84within the sector's middle half▼ 0.271.76within the sector's middle half▼ 0.08
Return on assets (ROA)-17.4%-17.8%▲ 35.2pp0.2%within the sector's middle half▼ 17.6pp1.1%within the sector's middle half▲ 0.9pp0.1%within the sector's middle half▼ 1.0pp4.3%within the sector's middle half▲ 4.2pp1.4%within the sector's middle half▼ 2.9pp3.7%within the sector's middle half▲ 2.4pp
Staff (FTE)3.1-3.9▲ 25.8%4.5above the sector's middle half▲ 15.4%5.1▲ 13.3%3.3▼ 35.3%2.2▼ 33.3%2▼ 9.1%2=
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €339,051
Fixed assets €15,194 ▼ 40.2%
Current assets €323,857 ▲ 12.8%
Equity and liabilities €339,051
Equity €153,782 ▲ 9.0%
Debt €185,269 ▲ 8.1%
Debt's share of the balance-sheet total falls from 54.8% to 54.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30,839▲
2024 · €20,119
Cash flow
€22,912▲
2024 · €14,492
Debt to equity
1.20▼
2024 · 1.21
ROE
8.2%▲
2024 · 3.0%
Interest coverage
18.83▲
2024 · 8.55
Debt ≤ 1 year
€183,912▲
2024 · €156,243
Debt > 1 year
€1,357▼
2024 · €13,299
Income taxes
€6,289▲
2024 · €3,274
Staff costs
€209,730▲
2024 · €86,990
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,042 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€312,464€339,051▲
Fixed assets21/28€25,427€15,194▼
Tangible fixed assets22/27€20,466€10,233▼
Land and buildings22€20,466€10,233▼
Financial fixed assets28€4,961€4,961=
Current assets29/58€287,037€323,857▲
Stocks and contracts in progress3€17,401-
Stocks30/36€17,401-
Amounts receivable within one year40/41€221,582€283,421▲
Trade receivables40€221,582€23,522▼
Other amounts receivable41-€259,899
Cash at bank and in hand54/58€47,236€40,436▼
Deferred charges and accrued income490/1€818-
Equity and liabilities
Total equity and liabilities10/49€312,464€339,051▲
Equity10/15€141,102€153,782▲
Contributions10/11€19,000€19,000=
Capital10€19,000-
Issued capital100€19,000-
Reserves13€122,102€134,782▲
Non-distributable reserves130/1€1,900€1,900=
Legal reserve130€1,900-
Reserves not available under the articles1311-€1,900
Distributable reserves133€120,202€132,882▲
Amounts payable17/49€171,361€185,269▲
Amounts payable after more than one year17€13,299€1,357▼
Financial debts170/4€13,299€1,357▼
Amounts payable within one year42/48€156,243€183,912▲
Current portion of amounts payable after more than one year42€11,234€29,010▲
Trade debts44€109,496€119,786▲
Suppliers440/4€109,496€119,786▲
Taxes, remuneration and social security45€34,863€34,465▼
Taxes450/3€18,451€19,832▲
Remuneration and social security454/9€16,413€14,633▼
Other amounts payable47/48€650€650=
Accrued charges and deferred income492/3€1,819-
Income statement Code20242025
Remuneration, social security and pensions62€86,990€209,730▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,233€10,233=
Other operating charges640/8€1,094€881▼
Gross operating margin9900€108,203€241,450▲
Operating profit (loss)9901€9,886€20,606▲
Financial charges65/66B€2,354€1,637▼
Recurring financial charges65€2,354€1,637▼
Profit (loss) for the period before taxes9903€7,533€18,968▲
Income taxes67/77€3,274€6,289▲
Profit (loss) for the period9904€4,259€12,679▲
Profit (loss) for the period to be appropriated9905€4,259€12,679▲
Appropriation of the result
Profit (loss) to be appropriated9906€4,259€12,679▲
Transfer to equity691/2€4,259€12,679▲
To other reserves6921€4,259€12,679▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€99,582€112,124€88,388€86,990€209,730▲ 141%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,057€11,632€11,274€11,195€10,233€10,233€10,233€10,233=
Other operating charges640/8---€1,178€585€1,508€1,094€881▼ 19.4%
Non-recurring operating charges66A---€2,785-----
Gross operating margin9900€84,849€180,528€100,864€121,956€130,094€123,046€108,203€241,450▲ 123%
Operating profit (loss)9901-€34,502€67,850€4,198€7,217€7,152€22,917€9,886€20,606▲ 108%
Financial income75/76B---€182€4€19---
Recurring financial income75€174€295€244€182€4€19---
Financial charges65/66B---€2,952€5,264€3,801€2,354€1,637▼ 30.4%
Recurring financial charges65€4,166€3,762€3,550€2,952€5,264€3,801€2,354€1,637▼ 30.4%
Profit (loss) for the period before taxes9903-€38,494€64,383€891€4,446€1,892€19,135€7,533€18,968▲ 152%
Income taxes67/77€164€12,494€298€1,336€1,549€7,092€3,274€6,289▲ 92.1%
Profit (loss) for the period9904-€38,658€51,889€593€3,110€343€12,043€4,259€12,679▲ 198%
Profit (loss) for the period to be appropriated9905-€38,658€51,889€593€3,110€343€12,043€4,259€12,679▲ 198%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€222,114€291,365€277,727€281,363€445,828€281,290€312,464€339,051▲ 8.5%
Fixed assets21/28€87,258€78,513€74,671€56,121€45,884€35,660€25,427€15,194▼ 40.2%
Intangible fixed assets21€437--------
Tangible fixed assets22/27€81,864€73,555€69,715€51,165€40,932€30,699€20,466€10,233▼ 50.0%
Land and buildings22---€51,165€40,932€30,699€20,466€10,233▼ 50.0%
Financial fixed assets28€4,958€4,958€4,957€4,956€4,952€4,961€4,961€4,961=
Current assets29/58€134,856€212,852€203,055€225,243€399,944€245,630€287,037€323,857▲ 12.8%
Stocks and contracts in progress3€56,159€73,871€66,132€34,802€34,802€34,802€17,401--
Stocks30/36---€34,802€34,802€34,802€17,401--
Amounts receivable within one year40/41€2,673€7,968€2,465€14,180€327,540€102,501€221,582€283,421▲ 27.9%
Trade receivables40---€14,180€327,540€102,501€221,582€23,522▼ 89.4%
Other amounts receivable41-------€259,899-
Cash at bank and in hand54/58€56,975€103,534€111,307€158,244€37,601€106,235€47,236€40,436▼ 14.4%
Deferred charges and accrued income490/1---€18,016-€2,092€818--
Equity and liabilities
Total equity and liabilities10/49€222,114€291,365€277,727€281,363€445,828€281,290€312,464€339,051▲ 8.5%
Equity10/15€68,865€120,755€121,348€124,458€124,801€136,843€141,102€153,782▲ 9.0%
Contributions10/11€19,000€19,000€19,000€19,000€19,000€19,000€19,000€19,000=
Capital10---€19,000€19,000€19,000€19,000--
Issued capital100---€19,000€19,000€19,000€19,000--
Reserves13€49,865€101,755€102,348€105,458€105,801€117,843€122,102€134,782▲ 10.4%
Non-distributable reserves130/1---€1,900€1,900€1,900€1,900€1,900=
Legal reserve130---€1,900€1,900€1,900€1,900--
Reserves not available under the articles1311-------€1,900-
Distributable reserves133---€103,558€103,901€115,943€120,202€132,882▲ 10.5%
Amounts payable17/49€153,249€170,610€156,379€156,906€321,028€144,446€171,361€185,269▲ 8.1%
Amounts payable after more than one year17€73,757€64,080€54,106€44,032€34,160€23,955€13,299€1,357▼ 89.8%
Financial debts170/4---€44,032€34,160€23,955€13,299€1,357▼ 89.8%
Amounts payable within one year42/48€79,491€106,530€102,273€111,374€286,867€116,492€156,243€183,912▲ 17.7%
Current portion of amounts payable after more than one year42---€10,074€9,872€10,206€11,234€29,010▲ 158%
Trade debts44€51,311€67,212€62,898€71,423€240,814€70,305€109,496€119,786▲ 9.4%
Suppliers440/4---€71,423€240,814€70,305€109,496€119,786▲ 9.4%
Taxes, remuneration and social security45---€29,877€35,531€35,330€34,863€34,465▼ 1.1%
Taxes450/3---€9,379€14,224€19,287€18,451€19,832▲ 7.5%
Remuneration and social security454/9---€20,499€21,307€16,043€16,413€14,633▼ 10.8%
Other amounts payable47/48----€650€650€650€650=
Accrued charges and deferred income492/3---€1,500-€4,000€1,819--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€38,658€51,889€593€3,110€343€12,043€4,259€12,679▲ 198%
+ Depreciation and write-downs630€11,057€11,632€11,274€11,195€10,233€10,233€10,233€10,233=
Operating cash flow (approximation)-€27,601€63,521€11,867€14,305€10,576€22,276€14,492€22,912▲ 58.1%
Investment in fixed assets (approximation)--€2,887-€7,432€7,355€4-€9€0€0-
Change in cash-€46,559€7,773€46,938-€120,643€68,634-€58,999-€6,799▲ 88.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 25-08-2026 2026-00422136
31-12-2024 micro format 30-08-2025 2025-00449628
31-12-2023 micro format 30-08-2024 2024-00410306
31-12-2022 micro format 09-10-2023 2023-00477006
31-12-2021 micro format 29-08-2022 2022-20331833
31-12-2020 micro format 16-07-2021 2021-35900296
31-12-2019 micro format 17-07-2020 2020-30800426
31-12-2018 micro format 19-07-2019 2019-34500059
31-12-2017 micro format 05-06-2018 2018-15500305
31-12-2016 micro format 29-05-2017 2017-13900241

Show all 25 filings

Similar companies · same sector, comparable size

Of the 3,173 active companies whose main activity is retail sale of information and communication equipment (NACE 47400), figures are known for 1,791. 1,386 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 · 1 entry · €209 awarded · €209 paid
Schemes
1 entry · €209 · €209 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.