PTC SOFTWARE EN ENGINEERING
ActiveSummary
PTC SOFTWARE EN ENGINEERING has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€9,202) and a net result of €8,796. Equity is shrinking by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 8% of 19362 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68 against 0.52 in 2023; short-term debt: 142.9% and cash: 6.3% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-42.9%
Return on assets
41%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 19362 sector peers (2024).
NBB · sector comparisonPosition among 19362 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-08-2025, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d late
2023
36 d late
2022
11 d late
2021
101 d late
2020
110 d late
2019
104 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
-€9,202▲ 48.9%
2023 · -€17,998
Total assets
€21,438▲ 10.2%
2023 · €19,449
Net result
€8,796
2023 · -€3,606
Working capital
-€9,855▲ 45.2%
2023 · -€17,998
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€4,590▲ 44.7%€3,083-€519-€3,493▼ 573%€8,796
Net result-€5,228▲ 40.9%€2,449-€901-€3,606▼ 300%€8,796
Equity-€15,939▼ 48.8%-€13,490▲ 15.4%-€14,391▼ 6.7%-€17,998▼ 25.1%-€9,202▲ 48.9%
Total assets€17,865▼ 12.6%€24,659▲ 38.0%€20,885▼ 15.3%€19,449▼ 6.9%€21,438▲ 10.2%
Debt€33,804▲ 8.5%€38,149▲ 12.9%€35,277▼ 7.5%€37,447▲ 6.2%€30,639▼ 18.2%
Working capital-€18,056▼ 27.4%-€14,443▲ 20.0%-€14,485▼ 0.3%-€17,998▼ 24.3%-€9,855▲ 45.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €8,796 after a loss of €3,493 in 2023, the highest result in the available series.
Balance-sheet composition
Assets €21,438
Fixed assets
€654
Current assets
€20,784
Key figures and ratios
EBITDA
€8,796▲
2023 · -€3,400
Cash flow
€8,797▲
2023 · -€3,513
Solvency
-42.9%▲
2023 · -92.5%
Current ratio
0.68▲
2023 · 0.52
Debt to equity
-3.33▼
2023 · -2.08
ROA
41.0%▲
2023 · -18.5%
Debt ≤ 1 year
€30,639▼
2023 · €37,447
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,799 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,344 | €1,164 | €860 | €93 | €0 | ▼ 99.6% |
| Other operating charges640/8 | - | €348 | €412 | €355 | - | - |
| Gross operating margin9900 | -€3,246 | €4,594 | €753 | -€3,044 | €8,796 | ▲ 389% |
| Operating profit (loss)9901 | -€4,590 | €3,083 | -€519 | -€3,493 | €8,796 | ▲ 352% |
| Financial income75/76B | - | €1 | - | - | €1 | - |
| Recurring financial income75 | €2 | €1 | - | - | €1 | - |
| Financial charges65/66B | - | €635 | €382 | €113 | - | - |
| Recurring financial charges65 | €641 | €635 | €382 | €113 | - | - |
| Profit (loss) for the period before taxes9903 | -€5,228 | €2,449 | -€901 | -€3,606 | €8,796 | ▲ 344% |
| Income taxes67/77 | - | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€5,228 | €2,449 | -€901 | -€3,606 | €8,796 | ▲ 344% |
| Profit (loss) for the period to be appropriated9905 | -€5,228 | €2,449 | -€901 | -€3,606 | €8,796 | ▲ 344% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17,865 | €24,659 | €20,885 | €19,449 | €21,438 | ▲ 10.2% |
| Fixed assets21/28 | €2,117 | €953 | €93 | - | €654 | - |
| Tangible fixed assets22/27 | €2,117 | €953 | €93 | - | €654 | - |
| Plant, machinery and equipment23 | - | - | - | - | €654 | - |
| Furniture and vehicles24 | - | €953 | €93 | - | - | - |
| Current assets29/58 | €15,748 | €23,706 | €20,792 | €19,449 | €20,784 | ▲ 6.9% |
| Amounts receivable within one year40/41 | €12,154 | €18,324 | €17,703 | €17,703 | €17,703 | = |
| Trade receivables40 | - | €18,324 | €17,703 | €17,703 | €17,703 | = |
| Current investments50/53 | €1,735 | €1,735 | €1,735 | €1,735 | €1,735 | = |
| Cash at bank and in hand54/58 | €1,859 | €3,647 | €1,354 | €11 | €1,346 | ▲ 11,626% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17,865 | €24,659 | €20,885 | €19,449 | €21,438 | ▲ 10.2% |
| Equity10/15 | -€15,939 | -€13,490 | -€14,391 | -€17,998 | -€9,202 | ▲ 48.9% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €54,893 | €54,893 | €54,893 | €54,893 | €54,893 | = |
| Non-distributable reserves130/1 | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Legal reserve130 | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Distributable reserves133 | - | €51,794 | €51,794 | €51,794 | €51,794 | = |
| Profit (loss) carried forward14 | -€132,832 | -€130,383 | -€131,284 | -€134,891 | -€126,095 | ▲ 6.5% |
| Amounts payable17/49 | €33,804 | €38,149 | €35,277 | €37,447 | €30,639 | ▼ 18.2% |
| Amounts payable within one year42/48 | €33,804 | €38,149 | €35,277 | €37,447 | €30,639 | ▼ 18.2% |
| Trade debts44 | €996 | €4,095 | €2,750 | €3,461 | €1,057 | ▼ 69.5% |
| Suppliers440/4 | - | €4,095 | €2,750 | €3,461 | €1,057 | ▼ 69.5% |
| Advances received on contracts in progress46 | - | €5,640 | €5,640 | €5,640 | €5,640 | = |
| Taxes, remuneration and social security45 | - | €3,050 | €2,327 | €2,327 | €2,965 | ▲ 27.4% |
| Taxes450/3 | - | €800 | €77 | €77 | €715 | ▲ 830% |
| Remuneration and social security454/9 | - | €2,250 | €2,250 | €2,250 | €2,250 | = |
| Other amounts payable47/48 | - | €25,364 | €24,560 | €26,019 | €20,977 | ▼ 19.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,228 | €2,449 | -€901 | -€3,606 | €8,796 | ▲ 344% |
| + Depreciation and write-downs630 | €1,344 | €1,164 | €860 | €93 | €0 | ▼ 99.6% |
| Operating cash flow (approximation) | -€3,885 | €3,613 | -€41 | -€3,513 | €8,797 | ▲ 350% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €1,788 | -€2,293 | -€1,343 | €1,335 | ▲ 199% |
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
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
31-12
Financial
Back to profitnet €8,796
Net result €8,796 after 2 loss-making years.
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 101 days late
2021
31-12
Financial
Back to profitnet €2,449
Net result €2,449 after 2 loss-making years.
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 110 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial
Weakest financial yearnet -€8,844
Net result drops to -€8,844, the lowest in the series; recovery starts the following year.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Tienen · 1 establishment unit since 1990
Ground area
1,880 m²
Building footprint
332 m²
Volume, LiDAR
2,837 m³
2 parcels, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PTC SOFTWARE & ENGINEERING
since 19902.050.433.609
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24107A0223/00D002 | Flanders | 1,440 m² | 1 · 147 m² | 11.4 m · 3 fl. |
| 24593H0332/00C000 | Flanders | 440 m² | 1 · 185 m² | 14.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,530 companies in sector 68322 we hold annual accounts for 741. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-11-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68322Real estate appraisal on a fee or contract basis
71122Land surveying
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441923882
Registered
06-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.