PSN MANAGEMENT
ActiveSummary
PSN MANAGEMENT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €5k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 53% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+11
Solvency84▼-12
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 2.62 in 2024; short-term debt: 40.8% and cash: 31.8% of total assets), and 40.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · 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
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
59.2%
Return on assets
2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
2 d early
2023
2 d early
2022
25 d late
2021
29 d late
2020
40 d late
2019
69 d late
← 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, micro schema
Equity
€153k▲ 3.6%
2024 · €148k
2018: €155k
2019: €142k
2020: €138k
2021: €133k
2022: €144k
2023: €153k
2024: €148k
2018 → 2025
Total assets
€259k▲ 24.5%
2024 · €208k
2018: €242k
2019: €232k
2020: €187k
2021: €245k
2022: €216k
2023: €266k
2024: €208k
2018 → 2025
Net result
€5k
2024 · €-5k
2018: €15k
2019: €-13k
2020: €-5k
2021: €-4k
2022: €11k
2023: €8k
2024: €-5k
2018 → 2025
Working capital
€102k▲ 5.4%
2024 · €97k
2018: €120k
2019: €92k
2020: €87k
2021: €83k
2022: €91k
2023: €99k
2024: €97k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€144k▲ 8.5%€153k▲ 5.7%€148k▼ 3.0%€153k▲ 3.6%
Operating result€-7k-€10k€10k▲ 2.3%€-5k€1k
Net result€-4k-€11k€8k▼ 27.4%€-5k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1k after a loss of €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €259k
Fixed assets
€51k =
Current assets
€208k ▲ 32.5%
Equity and liabilities €259k
Equity
€153k ▲ 3.6%
Debt
€106k ▲ 76.3%
Debt's share of the balance-sheet total rises from 28.8% to 40.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.97▼
2024 · 2.62
Debt to equity
0.69▲
2024 · 0.40
ROE
3.4%▲
2024 · -3.1%
ROA
2.0%▲
2024 · -2.2%
Debt ≤ 1 year
€106k▲
2024 · €60k
Income taxes
€1k
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€208k€259k▲
Fixed assets21/28€51k€51k=
Financial fixed assets28€51k€51k=
Current assets29/58€157k€208k▲
Amounts receivable within one year40/41€1k€125k▲
Trade receivables40-€8k
Other amounts receivable41€1k€117k▲
Cash at bank and in hand54/58€155k€82k▼
Equity and liabilities
Total equity and liabilities10/49€208k€259k▲
Equity10/15€148k€153k▲
Contributions10/11€19k€19k=
Reserves13€134k€135k▲
Distributable reserves133€134k€135k▲
Profit (loss) carried forward14€-4k-
Amounts payable17/49€60k€106k▲
Amounts payable within one year42/48€60k€106k▲
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€50k€97k▲
Income statement
Code20242025
Other operating charges640/8€216€219▲
Gross operating margin9900€-5k€1k▲
Operating profit (loss)9901€-5k€1k▲
Financial income75/76B€441€5k▲
Recurring financial income75€441€5k▲
Financial charges65/66B€162€141▼
Recurring financial charges65€162€141▼
Profit (loss) for the period before taxes9903€-5k€6k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-5k€5k▲
Profit (loss) for the period to be appropriated9905€-5k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€1k▲
Profit (loss) brought forward from the previous period14P€620€-4k▼
Transfer to equity691/2-€1k
To other reserves6921-€1k
The notes to these accounts (4 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Equity above €150kEq €153k ▲3.6%
Equity rises from €148k to €153k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €153k ▲5.7%
2 profitable years in a row build equity to €153k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Weakest financial yearnet €-13k ▼182%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
Show earlier events
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
17-08
State Gazette act
Board meeting · Director resignation
General meeting · Director appointment
2009
29-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aalst · 1 establishment unit since 2008
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.
Oude Gentbaan 109300 AalstGround area
410 m²
Building footprint
145 m²
Volume, LiDAR
1,055 m³
Parcel 41302C0533/00L002, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PSN MANAGEMENT
since 20082.173.447.128
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C0533/00L002 | Flanders | 410 m² | 1 · 145 m² | 10.7 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.
Structure & network
Connections & network
1 connected companyLinked via shared directors
Shared director
→
Recognitions · licences · registrations
Legal Entity Identifier
894500O1SCY6LM0BQP35
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,774 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 formPrivate limited company
Founded16-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.