PNM Creative Projects
ActiveSummary
PNM Creative Projects has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €202k and a net result of €17k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-12
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 4.52 against 15.03 in 2024; short-term debt: 20.5% and cash: 55.3% of total assets), and 20.5% 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+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
79.5%
Return on assets
6.8%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
29 d early
2024
3 d early
2023
5 d early
2022
12 d early
2021
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€202k▼ 8.0%
2024 · €220k
2021: €93k
2022: €158k
2023: €217k
2024: €220k
2021 → 2025
Total assets
€254k▲ 8.3%
2024 · €235k
2021: €146k
2022: €191k
2023: €244k
2024: €235k
2021 → 2025
Net result
€17k▼ 54.3%
2024 · €38k
2021: €90k
2022: €67k
2023: €60k
2024: €38k
2021 → 2025
Working capital
€184k▼ 12.7%
2024 · €210k
2021: €85k
2022: €149k
2023: €206k
2024: €210k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€93k-€158k▲ 69.7%€217k▲ 37.2%€220k▲ 1.3%€202k▼ 8.0%
Operating result€123k-€90k▼ 26.4%€83k▼ 8.5%€51k▼ 38.3%€26k▼ 48.7%
Net result€90k-€67k▼ 25.9%€60k▼ 9.2%€38k▼ 37.0%€17k▼ 54.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 49% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €254k
Fixed assets
€19k ▲ 91.4%
Current assets
€236k ▲ 4.7%
Equity and liabilities €254k
Equity
€202k ▼ 8.0%
Debt
€52k ▲ 248%
Debt's share of the balance-sheet total rises from 6.4% to 20.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€31k▼
2024 · €55k
Cash flow
€22k▼
2024 · €42k
Current ratio
4.52▼
2024 · 15.03
Quick ratio
4.34▼
2024 · 14.88
Debt to equity
0.26▲
2024 · 0.07
ROE
8.6%▼
2024 · 17.3%
ROA
6.8%▼
2024 · 16.2%
Interest coverage
20.13▼
2024 · 27.07
Debt ≤ 1 year
€52k▲
2024 · €15k
Income taxes
€9k▼
2024 · €13k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€235k€254k▲
Fixed assets21/28€10k€19k▲
Tangible fixed assets22/27€10k€19k▲
Land and buildings22€0-
Plant, machinery and equipment23€5k€7k▲
Furniture and vehicles24€5k€12k▲
Current assets29/58€225k€236k▲
Stocks and contracts in progress3€2k€9k▲
Stocks30/36€2k€9k▲
Amounts receivable within one year40/41€25k€12k▼
Trade receivables40€22k€10k▼
Other amounts receivable41€3k€2k▼
Current investments50/53€73k€73k=
Cash at bank and in hand54/58€124k€141k▲
Deferred charges and accrued income490/1€971€606▼
Equity and liabilities
Total equity and liabilities10/49€235k€254k▲
Equity10/15€220k€202k▼
Contributions10/11€5k€5k=
Reserves13€212k€197k▼
Distributable reserves133€212k€197k▼
Profit (loss) carried forward14€3k€0▼
Amounts payable17/49€15k€52k▲
Amounts payable within one year42/48€15k€52k▲
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Taxes, remuneration and social security45€10k€14k▲
Taxes450/3€10k€11k▲
Remuneration and social security454/9€0€4k▲
Other amounts payable47/48€0€30k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€57k€33k▼
Operating profit (loss)9901€51k€26k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€51k€27k▼
Income taxes67/77€13k€9k▼
Profit (loss) for the period9904€38k€17k▼
Profit (loss) for the period to be appropriated9905€38k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€20k▼
Profit (loss) brought forward from the previous period14P-€3k
Transfer from equity791/2-€35k
Transfer to equity691/2€0€20k▲
To other reserves6921€0€20k▲
Profit to be distributed694/7€35k€35k▼
Return on contributions (dividend)694€35k€35k▼
The notes to these accounts (16 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €17k ▼54.3%
Net result drops to €17k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €217k ▲37.2%
3 profitable years in a row build equity to €217k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 5.50
Current ratio from 2.61 to 5.50; short-term debt falls from €53k to €33k.
31-12
Financial
Equity above €150kEq €158k ▲69.7%
2 profitable years in a row build equity to €158k.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Herzele · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Molenstraat 1119550 HerzeleGround area
1,233 m²
Building footprint
236 m²
Volume, LiDAR
1,216 m³
Parcel 41077A0146/00S000, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PNM Creative Projects
since 20212.315.692.084
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41077A0146/00S000 | Flanders | 1,232 m² | 1 · 236 m² | 10.2 m · 1 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.
Similar companies · same sector, comparable size
ANIMUS
BE 0452.252.107
Antwerpen · Eq €202,018
Binvest
BE 0697.814.040
Puurs-Sint-Amands · Eq €202,585
TAVERNIER -VAN DE VIJVER
BE 0555.802.377
Gent · Eq €201,675
2 the point services
BE 0842.104.906
Herve · Eq €203,293
VANBESIEN EN PARTNERS
BE 0451.014.564
Brussel · Eq €201,213
Of 2,361 companies in sector 78100 we hold annual accounts for 1,364. 1,057 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
Founded04-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
78100Employment placement agencies
22240Manufacture of rubber and plastic products
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.