PYCOMA
ActiveSummary
PYCOMA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €667,993 and a net result of €66,581. Equity is growing by ~3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+1
Solvency100=
Growth56▲+1
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
cash: 4.5% of total assets, and 0.2% of the assets are financed with debt.
Credit check for your own amount and term
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
99.8%
Return on assets
10%
Age of the figures
9 mo
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 24-03-2026, 129 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
129 d early
2024
128 d early
2023
134 d early
2022
126 d early
2021
131 d early
2020
137 d early
2019
134 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 131 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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. Usually files around 24 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
€25,697▲ 3.1%
2024 · €24,920
EBIT margin
12.1%▼ 5.3pp
2024 · 17.4%
Net result
€66,581▲ 33.0%
2024 · €50,061
Working capital
€196,714
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
Line20212022202320242025
Turnover€21,337▲ 0.8%€21,854▲ 2.4%€23,948▲ 9.6%€24,920▲ 4.1%€25,697▲ 3.1%
Operating result€3,811▲ 59.9%€5,392▲ 41.5%€2,713▼ 49.7%€4,335▲ 59.8%€3,097▼ 28.6%
Net result€12,344▲ 8.4%€16,624▲ 34.7%€6,233▼ 62.5%€50,061▲ 703%€66,581▲ 33.0%
EBIT margin17.9%▲ 6.6pp24.7%▲ 6.8pp11.3%▼ 13.3pp17.4%▲ 6.1pp12.1%▼ 5.3pp
Equity€528,494▲ 2.4%€545,118▲ 3.1%€551,351▲ 1.1%€601,412▲ 9.1%€667,993▲ 11.1%
Total assets€528,791▲ 2.4%€545,415▲ 3.1%€551,648▲ 1.1%€601,709▲ 9.1%€669,090▲ 11.2%
Debt€297=€297=€297=€297=€1,097▲ 269%
Working capital
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €669,090
Fixed assets
€264,107 ▼ 2.4%
Current assets
€404,983 ▲ 22.3%
Equity and liabilities €669,090
Equity
€667,993 ▲ 11.1%
Debt
€1,097 ▲ 269%
Debt's share of the balance-sheet total rises from 0.0% to 0.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10,035▼
2024 · €11,218
Cash flow
€73,519▲
2024 · €56,944
Debt to equity
0.00▲
2024 · 0.00
ROE
10.0%▲
2024 · 8.3%
ROA
10.0%▲
2024 · 8.3%
Interest coverage
185.83▲
2024 · 59.04
Debt > 1 year
€1,097▲
2024 · €297
Income taxes
€15,823▲
2024 · -€675
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 20,129 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €21,337 | €21,854 | €23,948 | €24,920 | €25,697 | ▲ 3.1% |
| Goods, raw materials, services and sundry goods60/61 | - | €6,062 | €9,868 | €9,359 | €9,750 | ▲ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,796 | €7,053 | €7,038 | €6,883 | €6,938 | ▲ 0.8% |
| Other operating charges640/8 | - | €3,347 | €4,329 | €4,343 | €5,912 | ▲ 36.1% |
| Gross operating margin9900 | €14,767 | €15,792 | €14,080 | €15,561 | €15,947 | ▲ 2.5% |
| Operating profit (loss)9901 | €3,811 | €5,392 | €2,713 | €4,335 | €3,097 | ▼ 28.6% |
| Financial income75/76B | - | €11,653 | €12,834 | €69,687 | €79,361 | ▲ 13.9% |
| Recurring financial income75 | €9,446 | €11,653 | €12,834 | €69,687 | €79,361 | ▲ 13.9% |
| Financial charges65/66B | - | €175 | €8,544 | €24,636 | €54 | ▼ 99.8% |
| Recurring financial charges65 | €164 | €175 | €144 | €190 | €54 | ▼ 71.6% |
| Non-recurring financial charges66B | - | - | €8,400 | €24,446 | - | - |
| Profit (loss) for the period before taxes9903 | €12,450 | €16,870 | €7,003 | €49,386 | €82,404 | ▲ 66.9% |
| Income taxes67/77 | €106 | €246 | €770 | -€675 | €15,823 | ▲ 2,444% |
| Profit (loss) for the period9904 | €12,344 | €16,624 | €6,233 | €50,061 | €66,581 | ▲ 33.0% |
| Profit (loss) for the period to be appropriated9905 | €12,344 | €16,624 | €6,233 | €50,061 | €66,581 | ▲ 33.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €528,791 | €545,415 | €551,648 | €601,709 | €669,090 | ▲ 11.2% |
| Fixed assets21/28 | €284,206 | €278,042 | €276,781 | €270,647 | €264,107 | ▼ 2.4% |
| Tangible fixed assets22/27 | €284,206 | €278,042 | €276,781 | €270,647 | €264,107 | ▼ 2.4% |
| Land and buildings22 | - | €277,261 | €276,127 | €270,387 | €263,955 | ▼ 2.4% |
| Furniture and vehicles24 | - | €781 | €654 | €260 | €152 | ▼ 41.5% |
| Current assets29/58 | €244,585 | €267,373 | €274,867 | €331,062 | €404,983 | ▲ 22.3% |
| Amounts receivable within one year40/41 | - | - | - | €3,850 | - | - |
| Trade receivables40 | - | - | - | €3,850 | - | - |
| Current investments50/53 | €228,793 | €263,249 | €226,046 | €113,773 | €374,977 | ▲ 230% |
| Cash at bank and in hand54/58 | €15,792 | €4,124 | €48,821 | €213,439 | €30,006 | ▼ 85.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €528,791 | €545,415 | €551,648 | €601,709 | €669,090 | ▲ 11.2% |
| Equity10/15 | €528,494 | €545,118 | €551,351 | €601,412 | €667,993 | ▲ 11.1% |
| Contributions10/11 | €669,315 | €669,315 | €669,315 | €669,315 | €669,315 | = |
| Capital10 | - | €669,315 | €669,315 | €669,315 | €669,315 | = |
| Issued capital100 | - | €669,315 | €669,315 | €669,315 | €669,315 | = |
| Reserves13 | €41,542 | €41,542 | €41,542 | €41,542 | €41,542 | = |
| Non-distributable reserves130/1 | - | €41,542 | €41,542 | €41,542 | €41,542 | = |
| Legal reserve130 | - | €41,542 | €41,542 | €41,542 | €41,542 | = |
| Profit (loss) carried forward14 | -€182,363 | -€165,739 | -€159,506 | -€109,445 | -€42,864 | ▲ 60.8% |
| Amounts payable17/49 | €297 | €297 | €297 | €297 | €1,097 | ▲ 269% |
| Amounts payable after more than one year17 | €297 | €297 | €297 | €297 | €1,097 | ▲ 269% |
| Other amounts payable178/9 | - | €297 | €297 | €297 | €1,097 | ▲ 269% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,344 | €16,624 | €6,233 | €50,061 | €66,581 | ▲ 33.0% |
| + Depreciation and write-downs630 | €7,796 | €7,053 | €7,038 | €6,883 | €6,938 | ▲ 0.8% |
| Operating cash flow (approximation) | €20,140 | €23,677 | €13,271 | €56,944 | €73,519 | ▲ 29.1% |
| Investment in fixed assets (approximation) | - | -€889 | -€5,777 | -€749 | -€398 | ▲ 46.9% |
| Change in cash | - | -€11,668 | €44,697 | €164,618 | -€183,433 | ▼ 211% |
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
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €66,581 ▲33%
Net result €66,581, the highest in the series.
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €6,233 ▼62.5%
Net result drops to €6,233, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €500,000Eq €504,765 ▲2.5%
2 profitable years in a row build equity to €504,765.
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-03
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.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Gent · 1 establishment unit since 1989
Ground area
381 m²
Building footprint
381 m²
Volume, LiDAR
3,471 m³
Parcel 44017D0724/00A000, Flanders · tallest building 15.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PYCOMA NV
since 19892.042.563.246
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0724/00A000 | Flanders | 381 m² | 1 · 381 m² | 15.3 m · 3 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
967600KQQL8AKLPR0P60
Identification & contact
Identification
Legal formPublic limited company
Founded22-02-1989
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0436848309
Also
9925:BE0436848309
Registered
22-05-2026
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.
General meetings
1 convocationGeneral meeting
jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Divers. (AOPC-1-8-00852/26.02)