Project And Construction Executive Services
ActiveProject And Construction Executive Services has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €299k and a net result of €130k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 9438 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-9
Solvency59▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.28 in 2024; short-term debt: 26.1% and cash: 22.7% of total assets), and 65.6% 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 71
Relative position
BE, all sectors
reference
Sector 71
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
34.4%
Return on assets
15%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
26 d late
2024
20 d early
2023
26 d early
2022
31 d early
2021
34 d early
2020
26 d late
2019
31 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€299k▼ 10.7%
2024 · €335k
2018: €63k
2019: €133k
2020: €241k
2021: €335k
2022: €335k
2023: €335k
2024: €335k
2018 → 2025
Total assets
€869k▼ 19.2%
2024 · €1.08M
2018: €89k
2019: €196k
2020: €326k
2021: €832k
2022: €951k
2023: €1.08M
2024: €1.08M
2018 → 2025
Net result
€130k▼ 44.9%
2024 · €236k
2018: €44k
2019: €70k
2020: €108k
2021: €94k
2022: €123k
2023: €217k
2024: €236k
2018 → 2025
Working capital
€85k▼ 19.9%
2024 · €106k
2018: €62k
2019: €129k
2020: €238k
2021: €200k
2022: €211k
2023: €199k
2024: €106k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€335k-€335k=€335k=€335k=€299k▼ 10.7%
Operating result€138k-€166k▲ 20.8%€293k▲ 76.4%€318k▲ 8.5%€181k▼ 43.1%
Net result€94k-€123k▲ 30.5%€217k▲ 76.6%€236k▲ 8.5%€130k▼ 44.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €869k
Fixed assets
€557k▼ 6.0%
Current assets
€312k▼ 35.4%
Equity and liabilities €869k
Equity
€299k▼ 10.7%
Debt
€570k▼ 23.0%
The debt ratio falls from 68.9% to 65.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€216k▼
2024 · €348k
Cash flow
€165k▼
2024 · €266k
Solvency
34.4%▲
2024 · 31.1%
Current ratio
1.38▲
2024 · 1.28
Quick ratio
1.38▲
2024 · 1.28
Debt / equity
1.91▼
2024 · 2.21
ROE
43.5%▼
2024 · 70.4%
ROA
15.0%▼
2024 · 21.9%
Interest coverage
35.68▼
2024 · 54.45
Debt
€570k▼
2024 · €741k
Debt ≤ 1 year
€227k▼
2024 · €377k
Debt > 1 year
€343k▼
2024 · €364k
Income taxes
€45k▼
2024 · €76k
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€1.08M€869k▼
Fixed assets21/28€592k€557k▼
Tangible fixed assets22/27€592k€557k▼
Land and buildings22€501k€487k▼
Furniture and vehicles24€92k€70k▼
Current assets29/58€483k€312k▼
Amounts receivable within one year40/41€116k€63k▼
Trade receivables40€116k€58k▼
Other amounts receivable41-€5k
Current investments50/53€252k€52k▼
Cash at bank and in hand54/58€112k€197k▲
Deferred charges and accrued income490/1€3k€662▼
Equity and liabilities
Total equity and liabilities10/49€1.08M€869k▼
Equity10/15€335k€299k▼
Contributions10/11€19k€19k=
Reserves13€316k€280k▼
Distributable reserves133€316k€280k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€741k€570k▼
Amounts payable after more than one year17€364k€343k▼
Financial debts170/4€364k€343k▼
Amounts payable within one year42/48€377k€227k▼
Current portion of amounts payable after more than one year42€20k€21k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€153k€56k▼
Taxes450/3€153k€54k▼
Remuneration and social security454/9€0€2k▲
Other amounts payable47/48€201k€146k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€35k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€350k€218k▼
Operating profit (loss)9901€318k€181k▼
Financial income75/76B€3€3▼
Recurring financial income75€3€3▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€312k€175k▼
Income taxes67/77€76k€45k▼
Profit (loss) for the period9904€236k€130k▼
Profit (loss) for the period to be appropriated9905€236k€130k▼
Appropriation of the result
Profit (loss) to be appropriated9906€236k€130k▼
Transfer from equity791/2-€55k
Transfer to equity691/2-€19k
To other reserves6921-€19k
Profit to be distributed694/7€236k€166k▼
Return on contributions (dividend)694€236k€166k▼
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €236k ▲8.5%
Operating result €318k, net result €236k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Equity above €200kEq €241k ▲80.9%
3 profitable years in a row build equity to €241k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Equity above €100kEq €133k ▲111%
2 profitable years in a row build equity to €133k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 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, Leuven · 1 establishment unit since 2017
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.
Hoegaardsestraat 1583000 LeuvenGround area
326 m²
Building footprint
109 m²
Volume, LiDAR
625 m³
Parcel 24514A0254/00W000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Public And Construction Services (afgekort PACE Services)
since 20172.271.689.223
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514A0254/00W000 | Flanders | 326 m² | 1 · 109 m² | 8.5 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
894500WYTGYGPMEEFI83
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Of 11,554 companies in sector 71121 we hold annual accounts for 6,561. 4,894 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2017
Fiscal year end31-12
Abbreviation NL
PACE Services
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.