Financials
- Fiscal year
- 2025
- Total assets
- €177,203
- Profit
- €68,812
- Solvency
- 41.6%
Total assets▲ 0.2%
Net result
20222025
PNM
ActiveSummary
PNM has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,730 and a net result of €68,812. Equity is growing by ~52.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 33831 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Activity
Other construction installation
NACE 43240NACE 43299
1 site
Size
€177,203total assets 2025
- Staff
- 0.3 FTE
- Equity
- €73,730
- Profit
- €68,812
Turnover not published (abridged schema)
Structure
Accounts 24 d early0 of 1 deed read
Why 64- Founded in 2020- Size: total assets €177,203- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 1.46, cash €12,474Show the evidence
Checked score
Score 2025
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 46% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
67=
equity 41.6% of total assets
Liquidity
29-2
short-term debt 58.4% · cash 7.0%
Profitability
100=
return on assets 38.8%
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%lowest value
12-2024: 1.2%● 0.0% vs 11-2024lowest value
01-2025: 1.2%● 0.0% vs 12-2024lowest value
02-2025: 1.2%▲ +2.7% vs 01-2025
03-2025: 1.3%▲ +3.2% vs 02-2025
04-2025: 1.3%● 0.0% vs 03-2025
05-2025: 1.3%● 0.0% vs 04-2025
06-2025: 1.3%● 0.0% vs 05-2025
07-2025: 1.2%▼ -3.3% vs 06-2025
08-2025: 1.2%● 0.0% vs 07-2025
09-2025: 1.2%▲ +0.5% vs 08-2025
10-2025: 1.4%▲ +12.7% vs 09-2025
11-2025: 1.4%▲ +3.9% vs 10-2025
12-2025: 1.4%▼ -1.6% vs 11-2025
01-2026: 1.4%▲ +2.6% vs 12-2025
02-2026: 1.4%▼ -3.5% vs 01-2026
03-2026: 1.4%● 0.0% vs 02-2026
04-2026: 1.4%● 0.0% vs 03-2026
05-2026: 1.4%▲ +2.4% vs 04-2026
06-2026: 1.3%▼ -6.8% vs 05-2026
07-2026: 1.3%▼ -1.1% vs 06-2026
08-2026: 1.3%● 0.0% vs 07-2026
09-2026: 1.3%▼ -2.4% vs 08-2026
10-2026: 1.5%▲ +15.9% vs 09-2026highest value
- Founded in 2020 raises the probability for this profile
- Size: total assets €177,203 raises the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Liquidity: current ratio 1.46, cash €12,474 raises the probability
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.58 in 2024; short-term debt: 58.4% and cash: 7% of total assets), and 58.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 44%, liquidity 17%, profitability 93%, growth against the median 32%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
24 d early
2024
144 d early
2023
5 d early
2022
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 54 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 December (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close04-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €105,225
Key points
By topic
Timeline
- Events
- 7
- Since
- 2022
- Next accounts
- by 31-01-2027
- 07-01-2026Annual accounts filed
- 09-09-2024Annual accounts filed
- 30-06-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other construction installationNACE 43240
- Founded
- 30-09-2020
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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