PMGBD
ActiveSummary
PMGBD has been active since 1966 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €452k and a net result of €-39k. Equity is shrinking by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 1115 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability60▼-13
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.8 against 3.79 in 2023; short-term debt: 20.6% and cash: 48.2% of total assets), and 20.6% of the assets are financed with debt.
Credit check for your own amount and term
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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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
79.4%
Return on assets
-6.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 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
18 d late
2023
12 d late
2022
25 d late
2021
19 d late
2020
24 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-39k
2023 · €22k
2018: €-70k
2019: €-124k▼ -75.9% vs 2018
2020: €-199k▼ -61.2% vs 2019
2021: €-256k▼ -28.4% vs 2020lowest in 7 years
2022: €145k▲ +157% vs 2021highest in 7 years
2023: €22k▼ -85.0% vs 2022
2024: €-39k▼ -278% vs 2023
2018 → 2024
Working capital
€328k▼ 7.7%
2023 · €355k
2018: €809khighest in 7 years
2019: €664k▼ -18.0% vs 2018
2020: €468k▼ -29.5% vs 2019
2021: €203k▼ -56.7% vs 2020lowest in 7 years
2022: €379k▲ +86.8% vs 2021
2023: €355k▼ -6.4% vs 2022
2024: €328k▼ -7.7% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€580k-€324k▼ 44.1%€469k▲ 44.7%€490k▲ 4.6%€452k▼ 7.9%
2020: €580khighest in 5 years
2021: €324k▼ -44.1% vs 2020lowest in 5 years
2022: €469k▲ +44.7% vs 2021
2023: €490k▲ +4.6% vs 2022
2024: €452k▼ -7.9% vs 2023
Operating result€-198k-€-254k▼ 28.3%€146k€22k▼ 85.2%€-38k
2020: €-198k
2021: €-254k▼ -28.3% vs 2020lowest in 5 years
2022: €146k▲ +158% vs 2021highest in 5 years
2023: €22k▼ -85.2% vs 2022
2024: €-38k▼ -276% vs 2023
Net result€-199k-€-256k▼ 28.4%€145k€22k▼ 85.0%€-39k
2020: €-199k
2021: €-256k▼ -28.4% vs 2020lowest in 5 years
2022: €145k▲ +157% vs 2021highest in 5 years
2023: €22k▼ -85.0% vs 2022
2024: €-39k▼ -278% vs 2023
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €38k after €22k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €569k
Fixed assets
€124k ▼ 11.6%
Current assets
€445k ▼ 7.7%
Equity and liabilities €569k
Equity
€452k ▼ 7.9%
Debt
€117k ▼ 11.3%
Debt's share of the balance-sheet total falls from 21.2% to 20.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4k▼
2023 · €59k
Cash flow
€3k▼
2023 · €59k
Current ratio
3.80▲
2023 · 3.79
Debt to equity
0.26▼
2023 · 0.27
ROE
-8.5%▼
2023 · 4.4%
ROA
-6.8%▼
2023 · 3.5%
Interest coverage
7.76▼
2023 · 170.40
Debt ≤ 1 year
€117k▼
2023 · €127k
Staff costs
€697k▲
2023 · €616k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€622k€569k▼
Fixed assets21/28€140k€124k▼
Tangible fixed assets22/27€140k€124k▼
Plant, machinery and equipment23€69k€55k▼
Furniture and vehicles24€72k€69k▼
Current assets29/58€482k€445k▼
Amounts receivable within one year40/41€226k€165k▼
Trade receivables40€206k€165k▼
Other amounts receivable41€19k€83▼
Cash at bank and in hand54/58€250k€274k▲
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€622k€569k▼
Equity10/15€490k€452k▼
Reserves13€20k€20k=
Profit (loss) carried forward14€470k€432k▼
Amounts payable17/49€132k€117k▼
Amounts payable within one year42/48€127k€117k▼
Trade debts44€95k€47k▼
Suppliers440/4€95k€47k▼
Taxes, remuneration and social security45€32k€70k▲
Taxes450/3€11k€66k▲
Remuneration and social security454/9€21k€5k▼
Accrued charges and deferred income492/3€5k-
Income statement
Code20232024
Remuneration, social security and pensions62€616k€697k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€42k▲
Other operating charges640/8€7k€7k▼
Gross operating margin9900€682k€708k▲
Operating profit (loss)9901€22k€-38k▼
Financial income75/76B€477€0▼
Recurring financial income75€477€0▼
Financial charges65/66B€344€482▲
Recurring financial charges65€344€482▲
Profit (loss) for the period before taxes9903€22k€-39k▼
Profit (loss) for the period9904€22k€-39k▼
Profit (loss) for the period to be appropriated9905€22k€-39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€470k€432k▼
Profit (loss) brought forward from the previous period14P€449k€470k▲
Social balance
Average headcount (FTE)9087-5.0
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €949k | €749k | €616k | €697k | ▲ 13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42k | €39k | €34k | €37k | €42k | ▲ 13.3% |
| Other operating charges640/8 | - | €1k | - | €7k | €7k | ▼ 0.8% |
| Gross operating margin9900 | €793k | €735k | €929k | €682k | €708k | ▲ 3.9% |
| Operating profit (loss)9901 | €-198k | €-254k | €146k | €22k | €-38k | ▼ 276% |
| Financial income75/76B | - | €20 | €15 | €477 | €0 | ▼ 100.0% |
| Recurring financial income75 | €403 | €20 | €15 | €477 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | €627 | €445 | €344 | €482 | ▲ 40.3% |
| Recurring financial charges65 | €590 | €627 | €445 | €344 | €482 | ▲ 40.3% |
| Profit (loss) for the period before taxes9903 | €-198k | €-255k | €146k | €22k | €-39k | ▼ 278% |
| Income taxes67/77 | €989 | €1k | €1k | - | - | - |
| Profit (loss) for the period9904 | €-199k | €-256k | €145k | €22k | €-39k | ▼ 278% |
| Profit (loss) for the period to be appropriated9905 | €-199k | €-256k | €145k | €22k | €-39k | ▼ 278% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €794k | €468k | €691k | €622k | €569k | ▼ 8.6% |
| Fixed assets21/28 | €139k | €121k | €90k | €140k | €124k | ▼ 11.6% |
| Tangible fixed assets22/27 | €139k | €121k | €90k | €140k | €124k | ▼ 11.6% |
| Plant, machinery and equipment23 | - | €70k | €62k | €69k | €55k | ▼ 19.4% |
| Furniture and vehicles24 | - | €50k | €28k | €72k | €69k | ▼ 4.1% |
| Financial fixed assets28 | - | €500 | - | - | - | - |
| Current assets29/58 | €655k | €347k | €601k | €482k | €445k | ▼ 7.7% |
| Amounts receivable within one year40/41 | €164k | €124k | €136k | €226k | €165k | ▼ 26.9% |
| Trade receivables40 | - | €124k | €136k | €206k | €165k | ▼ 20.2% |
| Other amounts receivable41 | - | - | - | €19k | €83 | ▼ 99.6% |
| Current investments50/53 | €477k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €11k | €218k | €461k | €250k | €274k | ▲ 9.6% |
| Deferred charges and accrued income490/1 | - | €4k | €4k | €6k | €6k | ▼ 8.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €794k | €468k | €691k | €622k | €569k | ▼ 8.6% |
| Equity10/15 | €580k | €324k | €469k | €490k | €452k | ▼ 7.9% |
| Reserves13 | - | €20k | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €559k | €304k | €449k | €470k | €432k | ▼ 8.2% |
| Amounts payable17/49 | €214k | €144k | €222k | €132k | €117k | ▼ 11.3% |
| Amounts payable within one year42/48 | €187k | €144k | €222k | €127k | €117k | ▼ 7.9% |
| Trade debts44 | €18k | €12k | €8k | €95k | €47k | ▼ 51.0% |
| Suppliers440/4 | - | €12k | €8k | €95k | €47k | ▼ 51.0% |
| Taxes, remuneration and social security45 | - | €132k | €214k | €32k | €70k | ▲ 120% |
| Taxes450/3 | - | €49k | €56k | €11k | €66k | ▲ 484% |
| Remuneration and social security454/9 | - | €83k | €157k | €21k | €5k | ▼ 76.7% |
| Accrued charges and deferred income492/3 | - | - | - | €5k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-199k | €-256k | €145k | €22k | €-39k | ▼ 278% |
| + Depreciation and write-downs630 | €42k | €39k | €34k | €37k | €42k | ▲ 13.3% |
| Operating cash flow (approximation) | €-158k | €-217k | €179k | €59k | €3k | ▼ 94.4% |
| Investment in fixed assets (approximation) | - | €-22k | €-3k | €-88k | €-26k | ▲ 70.8% |
| Change in cash | - | €207k | €242k | €-211k | €24k | ▲ 111% |
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
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 18 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-12
Financial
Back to profitnet €145k
Net result €145k after 4 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
31-12
Financial
Weakest financial yearnet €-256k
Net result drops to €-256k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 1997
Ground area
1,357 m²
Building footprint
279 m²
Volume, LiDAR
2,810 m³
2 parcels, Brussels, Flanders · tallest building 23.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TECHNI - TEST - IONICONTROLE
since 19972.195.624.494
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23645C0318/00X000 | Flanders | 1,070 m² | 1 · 162 m² | 8.9 m · 2 fl. |
| 21807G0179/00Y009 | Brussels | 287 m² | 1 · 117 m² | 23.1 m · 5 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.
Similar companies · same sector, comparable size
Kodij
BE 0800.881.686
Kortrijk · Eq €452,383
AREION
BE 0898.974.620
Herent · Eq €452,729
ERM Project
BE 0806.568.262
Mont-Saint-Guibert · Eq €453,088
BEBLUE CRYOTECH
BE 0780.357.674
Liège · Eq €450,253
ALTINA
BE 0458.439.717
Gent · Eq €458,392
Of 2,143 companies in sector 71209 we hold annual accounts for 1,085. 712 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded28-02-1966
Fiscal year end31-12
Legal name
TECHNI - TEST - IONICONTROLE
Abbreviation
TTIC
Activities, NACEBEL 2025
71209Other technical testing and analysis
Scores and ratios are computed by Checked and are not a credit decision.