PGM MANAGEMENT
ActivePGM MANAGEMENT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €267k and a net result of €87k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+18
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 4.37 against 11.5 in 2024; short-term debt: 21.1% and cash: 58.5% of total assets), and 21.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
78.9%
Return on assets
25.8%
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 05-05-2026, 87 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
87 d early
2024
86 d early
2023
35 d early
2022
81 d early
2021
9 d late
2020
55 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€267k▲ 21.5%
2024 · €219k
2020: €53k
2021: €148k
2022: €179k
2023: €194k
2024: €219k
2020 → 2025
Total assets
€338k▲ 42.2%
2024 · €238k
2020: €85k
2021: €192k
2022: €250k
2023: €232k
2024: €238k
2020 → 2025
Net result
€87k▲ 234%
2024 · €26k
2020: €50k
2021: €95k
2022: €31k
2023: €80k
2024: €26k
2020 → 2025
Working capital
€240k▲ 25.2%
2024 · €192k
2020: €38k
2021: €138k
2022: €136k
2023: €154k
2024: €192k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€179k▲ 20.7%€194k▲ 8.5%€219k▲ 13.0%€267k▲ 21.5%
Operating result€124k-€56k▼ 54.5%€116k▲ 106%€86k▼ 25.6%€126k▲ 46.0%
Net result€95k-€31k▼ 67.6%€80k▲ 162%€26k▼ 67.5%€87k▲ 234%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 46% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €338k
Fixed assets
€26k▼ 4.2%
Current assets
€312k▲ 48.3%
Equity and liabilities €338k
Equity
€267k▲ 21.5%
Debt
€71k▲ 291%
The debt ratio rises from 7.7% to 21.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€126k▲
2024 · €87k
Cash flow
€87k▲
2024 · €27k
Solvency
78.9%▼
2024 · 92.3%
Current ratio
4.37▼
2024 · 11.50
Quick ratio
4.37▼
2024 · 11.50
Debt / equity
0.27▲
2024 · 0.08
ROE
32.7%▲
2024 · 11.9%
ROA
25.8%▲
2024 · 11.0%
Interest coverage
180.94▲
2024 · 96.94
Debt
€71k▲
2024 · €18k
Debt ≤ 1 year
€71k▲
2024 · €18k
Income taxes
€38k▲
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€238k€338k▲
Fixed assets21/28€27k€26k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€25k€25k=
Current assets29/58€210k€312k▲
Amounts receivable within one year40/41€44k€40k▼
Trade receivables40€23k€26k▲
Other amounts receivable41€21k€14k▼
Current investments50/53€95k€53k▼
Cash at bank and in hand54/58€49k€198k▲
Deferred charges and accrued income490/1€23k€22k▼
Equity and liabilities
Total equity and liabilities10/49€238k€338k▲
Equity10/15€219k€267k▲
Contributions10/11€3k€3k=
Reserves13€216k€264k▲
Distributable reserves133€216k€264k▲
Amounts payable17/49€18k€71k▲
Amounts payable within one year42/48€18k€71k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€11k€27k▲
Taxes450/3€11k€27k▲
Other amounts payable47/48€5k€43k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€434€132▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€88k€128k▲
Operating profit (loss)9901€86k€126k▲
Financial income75/76B€833€2k▲
Recurring financial income75€833€2k▲
Financial charges65/66B€39k€3k▼
Recurring financial charges65€894€696▼
Non-recurring financial charges66B€38k€2k▼
Profit (loss) for the period before taxes9903€48k€125k▲
Income taxes67/77€22k€38k▲
Profit (loss) for the period9904€26k€87k▲
Profit (loss) for the period to be appropriated9905€26k€87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€87k▲
Transfer from equity791/2-€40k
Transfer to equity691/2€25k€87k▲
To other reserves6921€25k€87k▲
Profit to be distributed694/7€833€40k▲
Return on contributions (dividend)694€833€40k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €26k ▼67.5%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 11.50
Current ratio from 5.08 to 11.50; short-term debt falls from €38k to €18k.
31-12
Financial
Equity above €200kEq €219k ▲13%
5 profitable years in a row build equity to €219k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €179k ▲20.7%
3 profitable years in a row build equity to €179k.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Highest result since 2020net €95k ▲87.9%
Net result €95k, the highest in the series.
31-12
Financial
Equity above €100kEq €148k ▲177%
2 profitable years in a row build equity to €148k.
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ukkel · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Private weg 't Cortenbosch 571180 UkkelGround area
238 m²
Building footprint
117 m²
Volume, LiDAR
837 m³
Parcel 21614E0298/00B003, Brussels · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PGM MANAGEMENT
since 20202.302.342.906
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0298/00B003 | Brussels | 238 m² | 1 · 117 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
984500B18C7Q5BD54A40
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 38,689 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:damien.leonard@gmail.com