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PT Development

Active
Private limited companyfounded 20214 yrs activeGalgeneinde 8, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0774.400.191

PT Development has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €394k and a net result of €191k. Equity is growing by ~54.5% per year across the filed fiscal years. Its solvency ranks better than 34% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
89 / 100
Excellent▲ +38 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+24
Solvency66▲+46
Growth78=
Stability94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 0.09 in 2023), and 60.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 70
lower
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
35 d early
2022
31 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€394k▲ 93.9%
2023 · €203k
2022: €172k 2023: €203k
2022 → 2024
Total assets
€990k▲ 9.3%
2023 · €906k
2022: €950k 2023: €906k
2022 → 2024
Net result
€191k▲ 519%
2023 · €31k
2022: €-3k 2023: €31k
2022 → 2024
Working capital
€22k
2023 · €-129k
2022: €-113k 2023: €-129k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€172k-€203k▲ 17.9%€394k▲ 93.9%
Operating result€4k-€37k▲ 866%€253k▲ 590%
Net result€-3k-€31k€191k▲ 519%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200k€300kOperating result 2022: €4k€4kNet result 2022: €-3k€-3kOperating result 2023: €37k€37kNet result 2023: €31k€31kOperating result 2024: €253k€253kNet result 2024: €191k€191k202220232024
The operating result has risen two years in a row; 2024 is 590% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €990k
Fixed assets €854k▼ 4.3%
Current assets €136k▲ 923%
Equity and liabilities €990k
Equity €394k▲ 93.9%
Debt €596k▼ 15.2%
The debt ratio falls from 77.6% to 60.2%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€292k
2023 · €75k
Cash flow
€229k
2023 · €69k
Solvency
39.8%
2023 · 22.4%
Current ratio
1.19
2023 · 0.09
Quick ratio
1.19
2023 · 0.09
Debt / equity
1.51
2023 · 3.46
ROE
48.4%
2023 · 15.2%
ROA
19.3%
2023 · 3.4%
Interest coverage
55.86
2023 · 12.85
Debt
€596k
2023 · €702k
Debt ≤ 1 year
€114k
2023 · €142k
Debt > 1 year
€481k
2023 · €560k
Income taxes
€57k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€906k€990k
Fixed assets21/28€892k€854k
Tangible fixed assets22/27€892k€854k
Land and buildings22€892k€854k
Current assets29/58€13k€136k
Amounts receivable within one year40/41€3k€21k
Trade receivables40€3k€8k
Other amounts receivable41€0€13k
Current investments50/53-€50k
Cash at bank and in hand54/58€10k€65k
Deferred charges and accrued income490/1-€941
Equity and liabilities
Total equity and liabilities10/49€906k€990k
Equity10/15€203k€394k
Contributions10/11€175k€175k=
Profit (loss) carried forward14€28k€219k
Amounts payable17/49€702k€596k
Amounts payable after more than one year17€560k€481k
Financial debts170/4€560k€481k
Amounts payable within one year42/48€142k€114k
Current portion of amounts payable after more than one year42€78k€79k
Trade debts44€143€3k
Suppliers440/4€143€3k
Taxes, remuneration and social security45€4k€20k
Taxes450/3€4k€20k
Other amounts payable47/48€60k€13k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€39k
Other operating charges640/8€3k€4k
Gross operating margin9900€79k€296k
Operating profit (loss)9901€37k€253k
Financial charges65/66B€6k€5k
Recurring financial charges65€6k€5k
Profit (loss) for the period before taxes9903€31k€248k
Income taxes67/77-€57k
Profit (loss) for the period9904€31k€191k
Profit (loss) for the period to be appropriated9905€31k€191k
Appropriation of the result
Profit (loss) to be appropriated9906€28k€219k
Profit (loss) brought forward from the previous period14P€-3k€28k

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

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €191k ▲519%
Operating result €253k, net result €191k, both a record.
31-12
Financial Liquidity times 13current ratio 1.19
Current ratio from 0.09 to 1.19; short-term debt falls from €142k to €114k.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €31k
Net result €31k after one loss-making year.
31-12
Financial Equity above €200kEq €203k ▲17.9%
Equity rises from €172k to €203k.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Heusden-Zolder · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Galgeneinde 83550 Heusden-Zolder
Ground area
2,430 m²
Building footprint
656 m²
Parcel 71462D0384/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
PT Development
Galgeneinde 8, 3550 Heusden-ZolderPre-press and pre-media services
since 20212.321.857.920
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71462D0384/00P000 Flanders 2,430 m² 1 · 656 m² -
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

Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 36,363 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-09-2021
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.