PNL MANAGEMENT
ActiveSummary
PNL MANAGEMENT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.2m and a net result of €481,385. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260,000 at 30 days acceptable
Liquidity ample (current ratio 3.31 against 2.36 in 2024; short-term debt: 1.3% and cash: 1.9% of total assets), and 1.3% of the assets are financed with debt.
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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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.7%
Return on assets
15%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
1 d early
2022
2 d early
2021
61 d early
2020
on the day
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€3.2m▲ 6.9%
2024 · €3.0m
Total assets
€3.2m▼ 0.6%
2024 · €3.2m
Net result
€481,385▲ 23.5%
2024 · €389,690
Working capital
€100,214▲ 6.2%
2024 · €94,359
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20212022202320242025
Operating result€112,620▼ 33.2%€194,650▲ 72.8%€133,015▼ 31.7%€144,615▲ 8.7%€182,696▲ 26.3%
Net result€276,092above the sector's middle half▼ 12.9%€378,305above the sector's middle half▲ 37.0%€343,112above the sector's middle half▼ 9.3%€389,690above the sector's middle half▲ 13.6%€481,385above the sector's middle half▲ 23.5%
Equity€2.0mabove the sector's middle half▲ 9.8%€2.3mabove the sector's middle half▲ 17.1%€2.6mabove the sector's middle half▲ 13.1%€3.0mabove the sector's middle half▲ 13.3%€3.2mabove the sector's middle half▲ 6.9%
Total assets€3.2mabove the sector's middle half=€3.2mabove the sector's middle half▼ 0.7%€3.3mabove the sector's middle half▲ 2.3%€3.2mabove the sector's middle half▼ 1.8%€3.2mabove the sector's middle half▼ 0.6%
Debt€1.3m▼ 12.1%€907,296▼ 28.5%€678,145▼ 25.3%€269,405▼ 60.3%€43,383▼ 83.9%
Working capital€3,253within the sector's middle half▼ 88.3%€41,557within the sector's middle half▲ 1,178%€44,669within the sector's middle half▲ 7.5%€94,359within the sector's middle half▲ 111%€100,214within the sector's middle half▲ 6.2%
Solvency60.9%within the sector's middle half▲ 5.4pp71.9%within the sector's middle half▲ 10.9pp79.4%above the sector's middle half▲ 7.6pp91.7%above the sector's middle half▲ 12.2pp98.7%above the sector's middle half▲ 7.0pp
Current ratio1.02within the sector's middle half▼ 0.171.39within the sector's middle half▲ 0.371.25within the sector's middle half▼ 0.142.36within the sector's middle half▲ 1.113.31within the sector's middle half▲ 0.95
Return on assets (ROA)8.5%within the sector's middle half▼ 1.3pp11.7%within the sector's middle half▲ 3.2pp10.4%within the sector's middle half▼ 1.3pp12.0%within the sector's middle half▲ 1.6pp15.0%above the sector's middle half▲ 2.9pp
Staff (FTE)0within the sector's middle half0within the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.2m
Fixed assets
€3.1m =
Current assets
€143,597 ▼ 12.3%
Equity and liabilities €3.2m
Equity
€3.2m ▲ 6.9%
Debt
€43,383 ▼ 83.9%
Debt's share of the balance-sheet total falls from 8.3% to 1.3%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.01▼
2024 · 0.09
ROE
15.2%▲
2024 · 13.1%
Debt ≤ 1 year
€43,383▼
2024 · €69,405
Debt > 1 year
€0▼
2024 · €200,000
Income taxes
€47,382▲
2024 · €23,230
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €25 | €25 | €25 | €25 | = |
| Other operating charges640/8 | - | €970 | €122 | €1,078 | €1,088 | ▲ 0.9% |
| Gross operating margin9900 | €114,457 | €195,620 | €133,137 | €145,693 | €183,784 | ▲ 26.1% |
| Operating profit (loss)9901 | €112,620 | €194,650 | €133,015 | €144,615 | €182,696 | ▲ 26.3% |
| Financial income75/76B | - | €240,000 | €250,000 | €280,000 | €350,000 | ▲ 25.0% |
| Recurring financial income75 | €200,000 | €240,000 | €250,000 | €280,000 | €350,000 | ▲ 25.0% |
| Financial charges65/66B | - | €29,262 | €20,569 | €11,695 | €3,929 | ▼ 66.4% |
| Recurring financial charges65 | €36,553 | €29,262 | €20,569 | €11,695 | €3,929 | ▼ 66.4% |
| Profit (loss) for the period before taxes9903 | €276,092 | €405,387 | €362,446 | €412,920 | €528,767 | ▲ 28.1% |
| Income taxes67/77 | €0 | €27,082 | €19,334 | €23,230 | €47,382 | ▲ 104% |
| Profit (loss) for the period9904 | €276,092 | €378,305 | €343,112 | €389,690 | €481,385 | ▲ 23.5% |
| Profit (loss) for the period to be appropriated9905 | €276,092 | €378,305 | €343,112 | €389,690 | €481,385 | ▲ 23.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.2m | €3.2m | €3.3m | €3.2m | €3.2m | ▼ 0.6% |
| Fixed assets21/28 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Tangible fixed assets22/27 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Leasing and similar rights25 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Financial fixed assets28 | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Current assets29/58 | €172,651 | €148,853 | €222,814 | €163,764 | €143,597 | ▼ 12.3% |
| Amounts receivable within one year40/41 | €97,613 | €121,296 | €155,407 | €108,284 | €83,185 | ▼ 23.2% |
| Trade receivables40 | - | €120,372 | €89,011 | €44,112 | €83,185 | ▲ 88.6% |
| Other amounts receivable41 | - | €924 | €66,395 | €64,173 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €75,039 | €27,558 | €47,383 | €55,430 | €60,337 | ▲ 8.9% |
| Deferred charges and accrued income490/1 | - | - | €20,025 | €50 | €75 | ▲ 50.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.2m | €3.2m | €3.3m | €3.2m | €3.2m | ▼ 0.6% |
| Equity10/15 | €2.0m | €2.3m | €2.6m | €3.0m | €3.2m | ▲ 6.9% |
| Contributions10/11 | - | €388,000 | €388,000 | €388,000 | €388,000 | = |
| Reserves13 | €314,330 | €314,330 | €314,330 | €314,330 | €38,800 | ▼ 87.7% |
| Non-distributable reserves130/1 | - | €38,800 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €38,800 | €0 | - | - | - |
| Distributable reserves133 | - | €275,530 | €314,330 | €314,330 | €38,800 | ▼ 87.7% |
| Profit (loss) carried forward14 | €1.3m | €1.6m | €1.9m | €2.3m | €2.7m | ▲ 21.2% |
| Amounts payable17/49 | €1.3m | €907,296 | €678,145 | €269,405 | €43,383 | ▼ 83.9% |
| Amounts payable after more than one year17 | €1.1m | €800,000 | €500,000 | €200,000 | €0 | ▼ 100% |
| Financial debts170/4 | - | €800,000 | €500,000 | €200,000 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €169,399 | €107,296 | €178,145 | €69,405 | €43,383 | ▼ 37.5% |
| Trade debts44 | €32,947 | €1,865 | €29,427 | €0 | €1,947 | - |
| Suppliers440/4 | - | €1,865 | €29,427 | €0 | €1,947 | - |
| Taxes, remuneration and social security45 | - | €35,821 | €94,490 | €21,511 | €38,755 | ▲ 80.2% |
| Taxes450/3 | - | €35,821 | €94,490 | €11,191 | €33,905 | ▲ 203% |
| Remuneration and social security454/9 | - | - | - | €10,320 | €4,850 | ▼ 53.0% |
| Other amounts payable47/48 | - | €69,610 | €54,228 | €47,894 | €2,681 | ▼ 94.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €276,092 | €378,305 | €343,112 | €389,690 | €481,385 | ▲ 23.5% |
| Operating cash flow (approximation) | €276,092 | €378,305 | €343,112 | €389,690 | €481,385 | ▲ 23.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€47,481 | €19,825 | €8,047 | €4,907 | ▼ 39.0% |
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
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Equity above €2mEq €2.3m ▲17.1%
5 profitable years in a row build equity to €2.3m.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €649,483 ▲228%
Net result €649,483, the highest in the series.
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-03
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 6 acts read
About the unread acts
We know of 6 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
6 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, Willebroek · 1 establishment unit since 2008
Ground area
6,437 m²
Building footprint
3,520 m²
Volume, LiDAR
19,898 m³
Parcel 12036A0330/00V000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PNL MANAGEMENT
since 20082.174.545.505
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12036A0330/00V000 | Flanders | 6,437 m² | 1 · 3,520 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingOwners 1
-
50%
Holdings 1
-
100%
According to the annual accounts to 30-09-2025 of PNL MANAGEMENT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 2,100 EUR awarded · 2,100 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 2,100 EUR |
| 2023 | 1 | 2,100 EUR | 0 EUR |
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 15,295 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-11-2008
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
Phone
03-866 3640Willebroek
E-invoicing
Reachable via Peppol
Peppol ID
0208:0807773636
Also
9925:BE0807773636
Registered
11-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.