PMF
ActiveSummary
PMF has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39.55M and a net result of €6.48M. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 6.43 against 7.02 in 2024; short-term debt: 10.6% and cash: 8.9% of total assets), and 10.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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 →
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
89.4%
Return on assets
14.6%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
28 d late
2023
30 d late
2022
72 d late
2021
5 d early
2020
29 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6.48M▲ 11.6%
2024 · €5.80M
2018: €1.50M
2019: €2.29M
2020: €2.57M
2021: €43.52M
2022: €1.77M
2023: €4.36M
2024: €5.80M
2018 → 2025
Working capital
€25.45M▲ 15.8%
2024 · €21.98M
2018: €-1.98M
2019: €-677k
2020: €643k
2021: €22.96M
2022: €23.32M
2023: €26.25M
2024: €21.98M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28.89M-€29.26M▲ 1.3%€32.22M▲ 10.1%€36.04M▲ 11.9%€39.55M▲ 9.7%
Operating result€19k-€-9k€-5k▲ 45.2%€-19k▼ 294%€-69k▼ 268%
Net result€43.52M-€1.77M▼ 95.9%€4.36M▲ 146%€5.80M▲ 33.0%€6.48M▲ 11.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €69k in 2025 against €19k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44.24M
Fixed assets
€14.10M ▲ 0.3%
Current assets
€30.14M ▲ 17.6%
Equity and liabilities €44.24M
Equity
€39.55M ▲ 9.7%
Debt
€4.69M ▲ 28.3%
Debt's share of the balance-sheet total rises from 9.2% to 10.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
6.43▼
2024 · 7.02
Debt to equity
0.12▲
2024 · 0.10
ROE
16.4%▲
2024 · 16.1%
ROA
14.6%▲
2024 · 14.6%
Debt ≤ 1 year
€4.68M▲
2024 · €3.65M
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€39.70M€44.24M▲
Fixed assets21/28€14.07M€14.10M▲
Financial fixed assets28€14.07M€14.10M▲
Current assets29/58€25.63M€30.14M▲
Amounts receivable after more than one year29€600k€769k▲
Other amounts receivable291€600k€769k▲
Amounts receivable within one year40/41€2.47M€3.28M▲
Other amounts receivable41€2.47M€3.28M▲
Current investments50/53€21.64M€22.15M▲
Cash at bank and in hand54/58€922k€3.93M▲
Equity and liabilities
Total equity and liabilities10/49€39.70M€44.24M▲
Equity10/15€36.04M€39.55M▲
Contributions10/11€1.69M€1.69M=
Capital10€1.69M€1.69M=
Issued capital100€1.69M€1.69M=
Reserves13€34.35M€37.86M▲
Non-distributable reserves130/1€169k€169k=
Legal reserve130€169k€169k=
Distributable reserves133€34.18M€37.69M▲
Amounts payable17/49€3.65M€4.69M▲
Amounts payable within one year42/48€3.65M€4.68M▲
Trade debts44€15k€7k▼
Suppliers440/4€15k€7k▼
Taxes, remuneration and social security45-€45k
Taxes450/3-€18k
Remuneration and social security454/9-€27k
Other amounts payable47/48€3.64M€4.63M▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Other operating charges640/8€968€12k▲
Gross operating margin9900€-18k€-57k▼
Operating profit (loss)9901€-19k€-69k▼
Financial income75/76B€6.11M€6.87M▲
Recurring financial income75€6.11M€6.87M▲
Financial charges65/66B€284k€323k▲
Recurring financial charges65€284k€323k▲
Profit (loss) for the period before taxes9903€5.80M€6.48M▲
Profit (loss) for the period9904€5.80M€6.48M▲
Profit (loss) for the period to be appropriated9905€5.80M€6.48M▲
Appropriation of the result
Profit (loss) to be appropriated9906€5.80M€6.48M▲
Transfer to equity691/2€3.82M€3.51M▼
To other reserves6921€3.82M€3.51M▼
Profit to be distributed694/7€1.98M€2.97M▲
Return on contributions (dividend)694€1.98M€2.97M▲
The notes to these accounts (2 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 72 days late
18-01
State Gazette act
General meeting · Director resignation
Director reappointment · Director appointment
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €43.52M ▲1594%
Net result €43.52M, the highest in the series.
31-12
Financial
Liquidity times 7current ratio 9.04
Current ratio from 1.23 to 9.04; short-term debt falls from €2.86M to €2.86M.
31-12
Financial
Equity above €25MEq €28.89M ▲299%
4 profitable years in a row build equity to €28.89M.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €5MEq €5.90M ▲28.2%
2 profitable years in a row build equity to €5.90M.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Opwijk · 1 establishment unit since 2003
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.
Nieuwstraat 251745 OpwijkGround area
1,557 m²
Building footprint
268 m²
Volume, LiDAR
1,564 m³
Parcel 23752F0087/00N000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nieuwstraat 25, 1745 Opwijk
since 20032.253.885.466
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23752F0087/00N000 | Flanders | 1,557 m² | 1 · 268 m² | 9.8 m · 2 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
894500FORF99RCC9YR20
Similar companies · same sector, comparable size
SADENSO
BE 0821.621.276
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BE 0463.091.262
Sint-Niklaas · Eq €39.72M
LOG'IRIS
BE 0403.357.375
Etterbeek · Eq €39.36M
ALLARA
BE 0668.598.135
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EURVEST
BE 0458.300.056
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 2,371 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.