PTM
ActivePTM has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €-5k. Equity is shrinking by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 10230 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-78
Solvency30▼-8
Growth32=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.65 against 0.84 in 2024), and 74.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
25.4%
Return on assets
-1.4%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
33 d early
2022
65 d early
2021
50 d early
2020
49 d early
2019
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€89k▼ 31.3%
2024 · €129k
2018: €183k
2019: €206k
2020: €208k
2021: €178k
2022: €140k
2023: €109k
2024: €129k
2018 → 2025
Total assets
€349k▼ 27.3%
2024 · €481k
2018: €387k
2019: €391k
2020: €511k
2021: €539k
2022: €461k
2023: €483k
2024: €481k
2018 → 2025
Net result
€-5k
2024 · €20k
2018: €37k
2019: €23k
2020: €13k
2021: €2k
2022: €2k
2023: €4k
2024: €20k
2018 → 2025
Working capital
€-92k▼ 76.8%
2024 · €-52k
2018: €49k
2019: €101k
2020: €77k
2021: €-62k
2022: €-72k
2023: €-106k
2024: €-52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€178k-€140k▼ 21.3%€109k▼ 22.3%€129k▲ 18.4%€89k▼ 31.3%
Operating result€4k-€5k▲ 13.1%€25k▲ 412%€43k▲ 70.2%€7k▼ 84.8%
Net result€2k-€2k▲ 19.3%€4k▲ 93.4%€20k▲ 439%€-5k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €349k
Fixed assets
€181k▼ 12.0%
Current assets
€169k▼ 38.7%
Equity and liabilities €349k
Equity
€89k▼ 31.3%
Debt
€261k▼ 25.9%
The debt ratio rises from 73.1% to 74.6%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€35k▼
2024 · €70k
Cash flow
€24k▼
2024 · €47k
Solvency
25.4%▼
2024 · 26.9%
Current ratio
0.65▼
2024 · 0.84
Quick ratio
0.22▼
2024 · 0.40
Debt / equity
2.94▲
2024 · 2.72
ROE
-5.5%▼
2024 · 15.5%
ROA
-1.4%▼
2024 · 4.2%
Interest coverage
3.46▼
2024 · 7.02
Debt
€261k▼
2024 · €352k
Debt ≤ 1 year
€261k▼
2024 · €327k
Income taxes
€1k▼
2024 · €13k
Staff costs
€161k▼
2024 · €202k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€481k€349k▼
Fixed assets21/28€205k€181k▼
Tangible fixed assets22/27€204k€179k▼
Land and buildings22€136k€134k▼
Plant, machinery and equipment23€38k€23k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26-€22k
Assets under construction and advance payments27€28k-
Financial fixed assets28€2k€2k=
Current assets29/58€275k€169k▼
Stocks and contracts in progress3€143k€112k▼
Stocks30/36€143k€112k▼
Amounts receivable within one year40/41€14k€6k▼
Trade receivables40€14k€4k▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€98k€37k▼
Deferred charges and accrued income490/1€21k€13k▼
Equity and liabilities
Total equity and liabilities10/49€481k€349k▼
Equity10/15€129k€89k▼
Contributions10/11€60k€60k=
Outside capital11€60k€60k=
Other1109/19€60k€60k=
Reserves13€69k€33k▼
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€63k€27k▼
Profit (loss) carried forward14-€-5k
Amounts payable17/49€352k€261k▼
Amounts payable after more than one year17€24k-
Financial debts170/4€23k-
Trade debts175€2k-
Amounts payable within one year42/48€327k€261k▼
Current portion of amounts payable after more than one year42€21k€2k▼
Trade debts44€270k€240k▼
Suppliers440/4€270k€240k▼
Taxes, remuneration and social security45€34k€18k▼
Taxes450/3€15k€9k▼
Remuneration and social security454/9€19k€9k▼
Other amounts payable47/48€3k€372▼
Income statement
Code20242025
Non-recurring operating income76A€28k-
Remuneration, social security and pensions62€202k€161k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€28k▲
Other operating charges640/8€1k€3k▲
Non-recurring operating charges66A-€14
Gross operating margin9900€274k€198k▼
Operating profit (loss)9901€43k€7k▼
Financial income75/76B€42€0▼
Recurring financial income75€42€0▼
Financial charges65/66B€10k€10k▲
Recurring financial charges65€10k€10k▲
Profit (loss) for the period before taxes9903€33k€-4k▼
Income taxes67/77€13k€1k▼
Profit (loss) for the period9904€20k€-5k▼
Profit (loss) for the period to be appropriated9905€20k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€-5k▼
Transfer from equity791/2-€36k
Transfer to equity691/2€20k-
To other reserves6921€20k-
Profit to be distributed694/7-€36k
Return on contributions (dividend)694-€36k
Social balance
Average headcount (FTE)90877.26.4▼
The notes to these accounts (6 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €-5k ▼124%
Net result drops to €-5k, the lowest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €200kEq €206k ▲12.5%
2 profitable years in a row build equity to €206k.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2019
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
02-12-2019
Van Damme Elke: Resigned as Manager
20-01-2015
Van Steenberge Kenneth: Resigned as Manager
Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 2012
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.
Vleesstraat 139700 OudenaardeGround area
3,231 m²
Building footprint
117 m²
Volume, LiDAR
609 m³
Parcel 45054B0345/00H000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CARDEN BVBA
since 20122.215.185.238
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45054B0345/00H000 | Flanders | 3,231 m² | 1 · 117 m² | 8.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 242 EUR awarded · 242 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 242 EUR | 242 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 4,623 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2012
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.