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PSEC

Active
Private limited companyfounded 2025incorporated this yearRue Grande Bruyère 114, 4840 Welkenraedt, BelgiumKBO/BCE: BE 1030.597.086
Summary

PSEC is younger than twelve months; there is no public track record yet to compute a bankruptcy probability from. The 2026 annual accounts show equity of €12,431 and a net result of €12,097. Its solvency ranks better than 37% of 162 sector peers (fiscal year 2026). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2026
Axes
Profitability100
Solvency76
Growth-
Track record50
Credit verdict
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.03; short-term debt: 49.3% and cash: 91.2% of total assets), and 49.3% of the assets are financed with debt.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 0 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 16-09-2026, 45 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2026
45 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PSEC was incorporated on 20 November 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2026

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Financials · fiscal year 2026, micro schema

Equity
€12,431
Total assets
€24,514
Net result
€12,097
Working capital
€12,431

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €24,514
Equity €12,431
Debt €12,084
Debt finances 49.3% of the balance-sheet total.
Key figures and ratios
2026 value
Current ratio
2.03
Debt to equity
0.97
ROE
97.3%
ROA
49.3%
Debt ≤ 1 year
€12,084
Income taxes
€3,139
Annual accounts
Filed annual accounts As filed with the NBB · 2026 · 27 lines
Balance sheet Code2026
Assets
Total assets20/58€24,514
Current assets29/58€24,514
Amounts receivable within one year40/41€642
Trade receivables40€642
Cash at bank and in hand54/58€22,352
Deferred charges and accrued income490/1€1,521
Equity and liabilities
Total equity and liabilities10/49€24,514
Equity10/15€12,431
Contributions10/11€2,000
Profit (loss) carried forward14€10,431
Amounts payable17/49€12,084
Amounts payable within one year42/48€12,084
Taxes, remuneration and social security45€10,914
Taxes450/3€10,914
Other amounts payable47/48€1,170
Income statement Code2026
Other operating charges640/8€491
Gross operating margin9900€15,752
Operating profit (loss)9901€15,261
Financial charges65/66B€26
Recurring financial charges65€26
Profit (loss) for the period before taxes9903€15,235
Income taxes67/77€3,139
Profit (loss) for the period9904€12,097
Profit (loss) for the period to be appropriated9905€12,097
Appropriation of the result
Profit (loss) to be appropriated9906€12,097
Profit to be distributed694/7€1,666
Return on contributions (dividend)694€1,666

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2026
Other operating charges640/8€491
Gross operating margin9900€15,752
Operating profit (loss)9901€15,261
Financial charges65/66B€26
Recurring financial charges65€26
Profit (loss) for the period before taxes9903€15,235
Income taxes67/77€3,139
Profit (loss) for the period9904€12,097
Profit (loss) for the period to be appropriated9905€12,097
Line2026
Assets
Total assets20/58€24,514
Current assets29/58€24,514
Amounts receivable within one year40/41€642
Trade receivables40€642
Cash at bank and in hand54/58€22,352
Deferred charges and accrued income490/1€1,521
Equity and liabilities
Total equity and liabilities10/49€24,514
Equity10/15€12,431
Contributions10/11€2,000
Profit (loss) carried forward14€10,431
Amounts payable17/49€12,084
Amounts payable within one year42/48€12,084
Taxes, remuneration and social security45€10,914
Taxes450/3€10,914
Other amounts payable47/48€1,170
Line2026
Profit (loss) for the period9904€12,097
Operating cash flow (approximation)€12,097

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

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Timeline · acts, filings and financial milestones

2026
16-09
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Welkenraedt · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
454 m²
Building footprint
71 m²
Parcel 63084B0413/00H002, Wallonia. Linked by address, not a title deed.
1 establishment unit
PSEC
Rue Grande Bruyère 114, 4840 WelkenraedtCertified accountants and tax accountants
since 20252.381.608.138
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63084B0413/00H002 Wallonia 454 m² 1 · 70 m² -
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.

Similar companies · same sector, comparable size

Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 3,494 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
Founded20-11-2025
Fiscal year end31-03
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID 0208:1030597086
Registered 19-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.