Active BE 0833.108.749Private limited company (pre-2019)Open bankruptcy

PMC ISOLATION

Rue du Marais(HOL) 5F ·7620 Brunehaut, Belgium· 15 yrs active

Sector: Installatie van isolatie (43230)

Conclusion Checked

A bankruptcy procedure is open for PMC ISOLATION according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €57k and a net result of €24k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€57k
Net result	€24k
Staff (FTE)	3
Better than sector	43%

Financial profile 5 of 5 axes measured · computed by Checked

52 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 24

Profitability 100

Solvency 56

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

24 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 31-08-2022 with the NBB · fiscal year 2021 · micro

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	30.6%	36.2%	better than 43% of 3664 sector peers
Net result	€24k	€11k	better than 72% of 3656 sector peers
Equity	€57k	€26k	better than 72% of 3669 sector peers
Gross operating margin	€189k	€31k	better than 94% of 3655 sector peers
Staff costs	€150k	€26k	higher than 91% of 1334 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€39k

+24.0% 18-21

Net profit

€24k

+109.6% 18-21

Cash flow

€30k

-12.6% 18-21

Total assets

€186k

-19.9% 18-21

Equity

€57k

+74.0% 18-21

Working capital

€46k

+115.6% 18-21

Employees (FTE)

3

+15.4% 18-21

Staff costs

€150k

- 18-21

Show 11 other metrics

Income taxes

€9k

+288.4% 18-21

Debt

€129k

-35.3% 18-21

Debt ≤ 1y

€129k

-35.3% 18-21

Debt > 1y

€70k

-3.7% 18-21

Current ratio

1.36

+22.5% 18-21

Quick ratio

1.23

+26.1% 18-21

Solvency

30.6%

+117.1% 18-21

Debt / equity

2.26

-12.0% 18-21

ROE

42.5%

+20.5% 18-21

ROA

13.0%

+161.5% 18-21

Interest coverage

139.41

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	micro
Revenue	-
EBITDA	€39k
Net profit	€24k
Cash flow	€30k
Staff costs	€150k
Income taxes	€9k
Dividends	-
Total assets	€186k
Equity	€57k
Debt	€129k
of which ≤ 1y	€129k
of which > 1y	-
Working capital	€46k
Employees (FTE)	3.0

Ratios (computed)

	2021
Current ratio	1.36
Quick ratio	1.23
Working capital ratio	24.7%
Solvency	30.6%
Debt / equity	2.26
Long-term debt ratio	-
Interest coverage	139.41
Gross margin	-
Net margin	-
ROA	13.0%
ROE	42.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €11k · 6.0% Current assets €175k · 94.0%

Equity & liabilities

Equity €57k · 30.6% Debt €129k · 69.4%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€186k
Fixed assets	21/28	€11k
Tangible fixed assets	22/27	€11k
Current assets	29/58	€175k
Stocks & contracts in progress	3	€17k
Amounts receivable within one year	40/41	€125k
Cash & bank	54/58	€33k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€186k
Equity	10/15	€57k
Contributions / capital	10/11	€20k
Reserves	13	€1k
Accumulated profits (losses)	14	€36k
Amounts payable	17/49	€129k
Amounts payable within one year	42/48	€129k
Trade debts payable within one year	44	€24k
Income statement
Gross operating margin	9900	€189k
Operating result	9901	€33k
Financial income	75	€914
Financial charges	65	€281
Result before taxes	9903	€34k
Income taxes	67/77	€9k
Net result for the period	9904	€24k
Result to be appropriated	9905	€24k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	NICOLAS CHEVALIER RUE DU SONDART 21, 7500 TOURNAI- . Date provisoire de cessation de paiement : 20/12/2022	20-12-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Installatie van isolatie(43230)
Legal form	Private limited company (pre-2019)(015)
Incorporation	25-01-2011
Status	Active
Postal code	7620
First insolvency signal	02-01-2023
Latest insolvency signal	02-01-2023

Establishment units 1 location

PMC ISOLATION

Rue du Marais(HOL) 5F, 7620 BrunehautGrondverzet : graven, ophogen, egaliseren en nivelleren van bouwterreinen, graven van sleuven en geulen, verwijderen van rotsen, grondverzet met behulp van explosieven

since 20112.196.203.229

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
57039B0422/00K004	Wallonia	6,653 m²	1 · 2,262 m²	-

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.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

02-01-2023

Bankruptcy Opening

Tribunal de l’entreprise du Hainaut, division Tournai · PMC ISOLATION SPRL RUE DU MARAIS 5F/1, 7620 HOLLAIN · event 20-12-2022

2022

31-08-2022