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PYM MANAGEMENT

Active
Private limited companyfounded 20242 yrs activeRue Les Fonds 158, 5340 Gesves, BelgiumKBO/BCE: BE 1012.059.396
Summary

PYM MANAGEMENT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5,739 and a net result of €2,739. Its solvency ranks better than 21% of 19374 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes
Profitability45
Solvency26
Growth-
Track record67
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 →
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 2024
Solvency, return and age of the figures
Solvency
1.5%
Return on assets
0.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 19374 sector peers (2024).
NBB · sector comparison
Position among 19374 sector peers
Solvency
better than 21%
← 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 31-08-2025, 31 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 · 1 filing
Deviation from the deadline
2024
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 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)
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

On 30 July 2024, PYM MANAGEMENT was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€5,739
Total assets
€385,195
Net result
€2,739
Working capital
-€57,305

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

Balance-sheet composition
Assets €385,195
Fixed assets €318,400
Current assets €66,795
Equity and liabilities €385,195
Equity €5,739
Debt €379,455
Debt finances 98.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€16,813
Cash flow
€10,317
Current ratio
0.54
Debt to equity
66.11
ROE
47.7%
ROA
0.7%
Interest coverage
3.01
Debt ≤ 1 year
€124,100
Debt > 1 year
€255,345
Income taxes
€908

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.3% stopped otherwise
92% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.0% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 2,135 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
Filed annual accounts As filed with the NBB · 2024 · 39 lines
Balance sheet Code2024
Assets
Total assets20/58€385,195
Fixed assets21/28€318,400
Tangible fixed assets22/27€317,700
Land and buildings22€301,482
Plant, machinery and equipment23€2,334
Furniture and vehicles24€13,885
Financial fixed assets28€700
Current assets29/58€66,795
Amounts receivable within one year40/41€21,461
Trade receivables40€21,461
Cash at bank and in hand54/58€44,939
Deferred charges and accrued income490/1€395
Equity and liabilities
Total equity and liabilities10/49€385,195
Equity10/15€5,739
Contributions10/11€3,000
Profit (loss) carried forward14€2,739
Amounts payable17/49€379,455
Amounts payable after more than one year17€255,345
Financial debts170/4€255,345
Amounts payable within one year42/48€124,100
Current portion of amounts payable after more than one year42€9,165
Trade debts44€6,004
Suppliers440/4€6,004
Taxes, remuneration and social security45€8,851
Taxes450/3€7,851
Remuneration and social security454/9€1,000
Other amounts payable47/48€100,080
Accrued charges and deferred income492/3€10
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,577
Other operating charges640/8€2,186
Gross operating margin9900€19,000
Operating profit (loss)9901€9,236
Financial charges65/66B€5,589
Recurring financial charges65€5,589
Profit (loss) for the period before taxes9903€3,647
Income taxes67/77€908
Profit (loss) for the period9904€2,739
Profit (loss) for the period to be appropriated9905€2,739
Appropriation of the result
Profit (loss) to be appropriated9906€2,739

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,577
Other operating charges640/8€2,186
Gross operating margin9900€19,000
Operating profit (loss)9901€9,236
Financial charges65/66B€5,589
Recurring financial charges65€5,589
Profit (loss) for the period before taxes9903€3,647
Income taxes67/77€908
Profit (loss) for the period9904€2,739
Profit (loss) for the period to be appropriated9905€2,739
Line2024
Assets
Total assets20/58€385,195
Fixed assets21/28€318,400
Tangible fixed assets22/27€317,700
Land and buildings22€301,482
Plant, machinery and equipment23€2,334
Furniture and vehicles24€13,885
Financial fixed assets28€700
Current assets29/58€66,795
Amounts receivable within one year40/41€21,461
Trade receivables40€21,461
Cash at bank and in hand54/58€44,939
Deferred charges and accrued income490/1€395
Equity and liabilities
Total equity and liabilities10/49€385,195
Equity10/15€5,739
Contributions10/11€3,000
Profit (loss) carried forward14€2,739
Amounts payable17/49€379,455
Amounts payable after more than one year17€255,345
Financial debts170/4€255,345
Amounts payable within one year42/48€124,100
Current portion of amounts payable after more than one year42€9,165
Trade debts44€6,004
Suppliers440/4€6,004
Taxes, remuneration and social security45€8,851
Taxes450/3€7,851
Remuneration and social security454/9€1,000
Other amounts payable47/48€100,080
Accrued charges and deferred income492/3€10
Line2024
Profit (loss) for the period9904€2,739
+ Depreciation and write-downs630€7,577
Operating cash flow (approximation)€10,317

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

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
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, Gesves · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
299 m²
Building footprint
48 m²
Parcel 92054B0215/00B000, Wallonia. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
PYM MANAGEMENT
Rue Les Fonds 158, 5340 GesvesReal estate development
since 20242.362.341.661
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92054B0215/00B000 Wallonia 299 m² 1 · 48 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 9,696 companies in sector 68121 we hold annual accounts for 7,392. 2,400 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
Founded30-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
64210Activities of holding companies
68110Buying and selling of own real estate
70100Activities of head offices
73200Market research and public opinion polling
81100Combined facilities support activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012059396
Also 9925:BE1012059396
Registered 04-12-2025

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

Register as of 29 September 2026 · Peppol Directory

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