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PCSI

Active
Public limited companyfounded 1971active for 55 yearsRue des Technologies 24, 4432 Ans, BelgiumKBO/BCE: BE 0408.455.815
Summary

PCSI has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32.3m and a net result of -€1,913. Equity is growing by about 54% per year across the filed financial years. Its solvency ranks better than 67% of 3,811 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
Oldest company in Ans, Professional and technical services sector3 sites
Size
€60,000turnover 2025
Equity
€32.3m
Loss
-€1,913
Equity +56,244%: capital increase
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
2D CONSEIL · 51.9%
Holdings
6
Auditor: REWISE ADAccounts filed 20 days late3 of 16 deeds read
Why 95raises riskLiquidity: current ratio 0.03, cash €34,858lowers riskSize: turnover €60,000, total assets €44.7mFounded in 1971Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 73% of its sector peers (NACE 70, large)
Financial strength · tick = 2024
Strong
Solvency 97+39
equity 72.4% of total assets
Liquidity 50+36
short-term debt 2.7% · cash 0.1%
Profitability 79=
return on assets 0.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (203 companies, NACE 70, large)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.4 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.03, compared with 0.0 in 2024, below 1; short-term debt: 2.7% and cash: 0.1% of total assets), and 27.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, large): better than 48% on solvency, 50% on liquidity, 94% on profitability and 98% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.03, cash €34,858
NBB · annual accounts
lowers risk · Size: turnover €60,000, total assets €44.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1971
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
20 days late
2024
43 days early
2023
34 days early
2022
31 days early
2021
32 days early
2020
31 days early
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: REWISE AD (statutory auditor)Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. Appointment: REWISE AD REVISEUR D'ENTREPRISES (statutory…Permanent representative: Axel DUMONT

Key points

  • Positive: Equity rose in 2025capital increase ▲ 56,244% View
  • Positive: Oldest company in Ans, Professional and technical services sectorin the Checked rankings No. 1 View
  • Board changedlatest change 24-12-2025 · 3 in office 3 joined · 1 left View
  • Controlled by 2D CONSEILknown shareholders 100% 51.9% View
  • Active since 1971founded 01-07-1971 55 years View

By topic

Financials

Financial year
2025
Turnover
€60,000
Loss
-€1,913
Solvency
72.4%
Go to Financials

Board & ownership

Board
3 members
Parent
2D CONSEIL · 51.9%
Known shareholders
100%
Auditor
REWISE AD
  • 2D CONSEILDirector
  • BNP Paribas Fortis Private Equity ManagementDirector
  • SOGINVESTDirector
Go to Board & ownership

Timeline

Events
45
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 31-12-2025Equity above €25m
  3. 24-12-2025Resignation: HOLDING PCS (director)
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Business and other management consultancyNACE 70200
Founded
01-07-1971
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
3
Purpose
“De contribuer à la création et au développement d’entreprises; L’utilisation de tous les…” (deed in French)
Go to Articles of association

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