PGHM Distribution
The computed 12-month bankruptcy probability of PGHM Distribution is 3.2% (moderate). The 2024 annual accounts show negative equity (€-19k) and a net result of €-59k. Equity is shrinking by ~363.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 6698 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-19k |
| Net result | €-59k |
| Staff (FTE) | 6.5 |
| Better than sector | 26% |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -1.6% | 20.4% | |
| Net result | €-59k | €4k | |
| Equity | €-19k | €16k | |
| Gross operating margin | €281k | €24k | |
| Staff costs | €203k | €33k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €75k |
| Net profit | €-59k |
| Cash flow | €49k |
| Staff costs | €203k |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.18M |
| Equity | €-19k |
| Debt | €1.20M |
| of which ≤ 1y | €768k |
| of which > 1y | €435k |
| Working capital | €-462k |
| Employees (FTE) | 6.5 |
| 2024 | |
|---|---|
| Current ratio | 0.40 |
| Quick ratio | 0.10 |
| Working capital ratio | -39.0% |
| Solvency | -1.6% |
| Debt / equity | -61.79 |
| Long-term debt ratio | -22.35 |
| Interest coverage | 2.86 |
| Gross margin | - |
| Net margin | - |
| ROA | -5.0% |
| ROE | 304.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.18M |
| Fixed assets | 21/28 | €878k |
| Tangible fixed assets | 22/27 | €878k |
| Financial fixed assets | 28 | €180 |
| Current assets | 29/58 | €306k |
| Stocks & contracts in progress | 3 | €232k |
| Amounts receivable within one year | 40/41 | €52k |
| Cash & bank | 54/58 | €20k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.18M |
| Equity | 10/15 | €-19k |
| Contributions / capital | 10/11 | €125k |
| Accumulated profits (losses) | 14 | €-144k |
| Amounts payable | 17/49 | €1.20M |
| Amounts payable after one year | 17 | €435k |
| Amounts payable within one year | 42/48 | €768k |
| Trade debts payable within one year | 44 | €499k |
| Income statement | ||
| Gross operating margin | 9900 | €281k |
| Operating result | 9901 | €-33k |
| Financial income | 75 | €429 |
| Financial charges | 65 | €26k |
| Result before taxes | 9903 | €-59k |
| Net result for the period | 9904 | €-59k |
| Result to be appropriated | 9905 | €-59k |
-
Current03-02-2025 → present
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 11-04-2022 |
| Status | Active |
| Postal code | 6852 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84039C0969/00R000 | Wallonia | 3,171 m² | 1 · 1,026 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
20-03-2026 1 director appointed, 1 resigning
- Jonathan DEFOUR, Bestuurder
- SRL ADITOM, Bestuurder
Technical details
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"co_filed_documents": [],
"corrected_publication_numac": null
}13-04-2022 Incorporation of a new SRL
Technical details
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"seat": "6852 Maissin, Avenue de France 22",
"schema": "v3.2",
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"founders": [
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"dob": "1985-02-08",
"name": "Julien Martin Albert GROSJEAN",
"niss": null,
"address": "4020 Li\u00E8ge, Avenue de la Croix-Rouge 116/0011"
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"contribution_type": "cash",
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"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | PGHM Distribution |