PDPilot automates the most expensive stage of the corporate credit value chain: turning borrower financials into decision-ready data.
Spreading and review preparation that previously required analyst days is reduced to minutes of validation — shortening credit decision cycles and releasing capacity for judgement and client work.
Accurate, comparable, quality-assured financials on one standardized basis across every issuer, year and European GAAP and IFRS — a consistent foundation for every credit decision.
From document receipt to decision-ready data in downstream systems — straight-through processing where appropriate, human judgement and dual control where required.
| Label | FY2025 | FY2024 | Source | Components |
|---|---|---|---|---|
| Revenue | 1,204.6 | 1,141.9 | p.82 🔍 | ▸ 3 components |
| COGS | −723.8 | −689.4 | p.82 🔍 | |
| Other operating expenses | −302.1 | −288.6 | p.82 🔍 | ▸ 2 components |
| EBITDA | 178.7 | 163.9 | ||
| Depreciation & amortization | −82.4 | −79.8 | p.82 🔍 | |
| EBIT | 96.3 | 84.1 | ||
| Financial income | 2.1 | 1.8 | p.82 🔍 | |
| Financial expense | −10.3 | −11.6 | p.82 🔍 | |
| EBT | 88.1 | 74.3 | ||
| Taxes | −23.2 | −19.9 | p.82 🔍 | |
| Net income | 64.9 | 54.4 |
| Label | FY2025 | FY2024 | Source | Components |
|---|---|---|---|---|
| Non-current assets | ||||
| Property, plant and equipment | 322.7 | 309.5 | p.84 🔍 | |
| Intangible assets | 96.1 | 98.0 | p.84 🔍 | ▸ 2 components |
| Metric | Value |
|---|---|
| Net Debt | 236.3 |
| EBITDA | 178.7 |
| FFO | 141.2 |
| FOCF | 96.8 |
| TA derived | 775.0 |
| TE derived | 268.4 |
| TL derived | 506.6 |
| BS balance (E+L−TA) | 0.0 ✓ balanced |
| NI derived | 64.9 |
| Waterfall residual | 0.0 ✓ |
PDPilot complements existing system architecture rather than replacing it. It assumes responsibility for one clearly bounded stage of the credit process — the preparation of decision-ready financials — and delivers reviewed, structured results to the institution's established platforms.
Manual spreading is the slowest step in corporate credit. PDPilot automates extraction, standardization and reconciliation end to end, so analyst capacity moves from data preparation to credit judgement — where it creates value.
One workflow for the whole book: the same standardized line vocabulary, the same checks and the same governance for every issuer, every year and every European GAAP and IFRS — output that remains consistent from a single report to a full review season.
Every figure is traceable to the source document, every manual intervention is identified and recorded in an append-only trail, and approvals are enforced under dual control and stored as immutable records — designed for internal audit and supervisory review.
API-first by construction: every capability of the platform is available through a documented interface, so standardized statements, ratios, ratings and approval states flow directly into the origination, monitoring and data-warehouse landscape.
PDPilot helps to automate labor-intensive parts of the credit value chain while retaining industry-grade control and auditability.
Compress the annual-review cycle for corporate borrowers. Every report becomes standardized financials with derived ratios and an indicative rating, produced inside a governed workflow that meets the control expectations of a regulated credit process — dual control, accountability and a complete record by default.
Maintain a current, consistent view of the entire portfolio. New financials are processed as they are published, every issuer is tracked on the same basis across years, and comparability breaks — a change in consolidation scope or currency — are surfaced immediately upon processing.
Eliminate transcription work entirely. PDPilot prepares the financials; analysts validate against the source document, resolve exceptional cases in minutes, and devote their time to the credit assessment itself.
Financial statements arrive in every accounting regime, language, layout and consolidation basis. PDPilot's engine resolves that heterogeneity into one structural model — and that is what turns individual documents into a portfolio-wide data asset. Statements are processed in their original language: currently English, German, Dutch, French, Italian, Spanish, Portuguese, Danish, Norwegian, Swedish and Finnish.
Heterogeneous financials are mapped onto a single, consistent structural model of the balance sheet and income statement — independent of how each report was originally presented. This is the foundation on which comparability and analytics are built.
Every issuer and every year on the same basis: peer comparison, benchmarking and multi-year trend analysis become genuinely like-for-like — meaningful rather than approximate — across the entire credit portfolio.
With the whole book on one structural basis, analysis gains depth: ratios, indicative ratings and time series for every exposure, and a consistent, machine-readable data foundation for internal models, portfolio monitoring and risk reporting.
Extraction and derivation follow deterministic, verifiable rules: every figure is computed, traceable and reproducible rather than generated. The result is explainable output that audit and validation functions can rely on.
Every reviewed statement feeds three report families — issuer, peer group and industry — built on the same normalized basis, with ratings, ratio packs and multi-year trends. Comparability breaks are never papered over: a change of currency, consolidation scope or printed unit scale is disclosed on the face of the report.
| Metric | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 812.4 | 901.7 | 1,043.9 | 1,118.2 |
| Revenue growth | — | +11.0% | +15.8% | +7.1% |
| EBITDA margin | 14.9% | 15.6% | 16.8% | 17.1% |
| Net debt | 305.2 | 288.0 | 254.6 | 231.9 |
| Net debt / EBITDA | 2.5× | 2.0× | 1.5× | 1.2× |
| EBITDA / interest | 6.1× | 7.4× | 9.8× | 11.2× |
| Equity ratio | 31.2% | 33.8% | 36.4% | 39.0% |
| Current ratio | 1.4 | 1.5 | 1.6 | 1.7 |
| Issuer | ND/EBITDA | Equity % |
|---|---|---|
| Nordwerk | 1.2× | 39.0 |
| Peer A | 2.1× | 33.1 |
| Peer B | 1.7× | 35.2 |
| Peer median | 1.8× | 34.5 |
Multi-year statements, the full ratio pack and the rating timeline for one borrower — with per-year provenance: currency, consolidation scope, approval status and any manual overrides are disclosed column by column.
Any peer set — or every issuer in an industry — compared on the same normalized basis. Aggregates are computed honestly: value metrics only within a single currency, unit-scale differences aligned and flagged, ratios always.
Every report is available as structured JSON through the documented API — the exact figures the review workflow approved, ready for credit memos, dashboards and the data warehouse.
PDPilot connects directly to the institution's existing systems. Reviewed financials, ratios and ratings flow into them automatically — no manual re-entry, no extra hand-offs.
Standardized statements, ratios, ratings and approval states are delivered as structured data to origination, decisioning and risk-reporting systems — eliminating duplicate data entry across the credit process.
Every platform capability is callable through a documented interface, so the institution's own workflow engine can drive PDPilot end to end — the standard flow runs automatically, while analyst and approver attention is focused on the exceptions.
Reviewed figures, their provenance and their approval history stay consistent across every consuming system — what risk reporting sees is exactly what was approved, with the evidence attached.
Credit data demands the same rigour banks apply to their own systems. PDPilot is engineered to meet the requirements of information-security, compliance and audit functions.
PDPilot's control environment is designed around the SOC 2 trust service criteria — security, confidentiality, processing integrity and privacy. Controls are enforced by the platform itself rather than by policy alone, which keeps vendor due-diligence and control mapping straightforward for the second line of defence.
Established practice, applied by default: least-privilege access, strong authentication, encrypted connections and tamper-evident activity records — the control families every security review examines, answered by design rather than by exception.
Clear ownership and full lineage: every figure is traceable from source document through review to approval, with segregation of duties along the way. Client data remains client data — never repurposed, never blended across clients or engagements, and never silently altered.
PDPilot operates as a dedicated, single-tenant instance per institution — in a private environment or on-premises. Client data is processed within the dedicated instance, under the deployment model the institution selects.
A live demonstration environment is available on request.
PDPilot turns corporate annual reports into reviewed, comparable credit data — governed, audited, and traceable to the source.