Equity
€4.4m ▲ 59.4%
P-vest has made a profit in every financial year since 2018.
P-vest
Lifetime
8 annual accounts with figures on one time axisKey points
from the 2025 annual accountsResult
€67,531 ▼ 52.2%
The result fell in 2025 from €141,330 to €67,531.
Debts
€6.7m ▲ 16×
Debts rose by €6.3m in 2025.
Securities
€5.9m
Mortgage mandates, new in 2025. 1.3 times equity · not in the 2024 accounts.
Investments
€7.2m 28.0 × depreciation
Green is investment, beige is depreciation.
Filings
8 annual accounts since 2018
The last five annual accounts were filed 2 to 30 days before the end of the period.
Checked score
92
Excellent
Financially stronger than 61% of medium-sized companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,721 companies (NACE 68, medium-sized).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.4%▲ +0.1 percentage points vs 12-2024highest value
02-2025: 0.2%▼ -0.2 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%▼ -0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.3%▲ +0.1 percentage points vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.2%▼ -0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.76, cash €28,720
lowers risk
Size: total assets €11.2m
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 23-04-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized). It does better than 62% of them on solvency, 35% on liquidity, 57% on profitability and 90% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 175 companies had the same profile as P-vest has now. Each dot is one company, two years later.
95.4%
were still trading
4.6%
stopped another way
0.0%
went bankrupt
That fits the bankruptcy probability of P-vest itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 175 companies, not a prediction for P-vest. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €400,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.76 (0.98 in 2024), below 1. Short-term debt is 22.5% and cash 0.3% of total assets. 60.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
7 days early
2024
30 days early
2023
28 days early
2022
3 days early
2021
2 days early
2020
7 days early
2019
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 23 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end07-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0674722595
Demerger proposal: DEMA-SHOP splits off to P-VEST
Permanent representatives: Frederik DEBRABANDER and Bert DE CLERCQ · Capital of €62,000, 841 shares · Capital of €1,325,770, 12,000 shares · Gazette deed
Amendment of the articles · Legal-form change
General meeting of 17-05-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| P-vest Roeselare | €11.2m | €468,373 | 39.7% | 0 |
| BELGIUM REAL ESTATE COMPANY Beringen | €7.7m | €511,050 | 50.8% | 0 |
| Immolips Bilzen-Hoeselt | €10.9m | €714,105 | 46.3% | 0 |
| Good Life Holding Ghent | €8.8m | €725,108 | -8.2% | 0 |
| AISELA 10 Ixelles | €6.8m | €595,536 | 31.3% | 0 |
| Diggy Immo Willebroek | €8.1m | €369,332 | 9.1% | 0 |
| RonVer Ingelmunster | €7.0m | €377,627 | 51.1% | 0 |
These companies have the same main activity as P-vest: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €6.8m and €11m, founded between 2012 and 2020.
Official details
Source: KBO- Status
- Active since 21-04-2017Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 2 others
- Establishment unit
- 2.299.386.9788800 Roeselare, since 02-01-2020
- Financial year end
- 30 September
- Peppol
- Reachable since 12-11-2025
Annual accounts to 30-09-2025
- ≈ €520,000estimated
- €11.2m▲ 249%
- Filing
- Filed on 23-04-2026, 7 days before the end of the filing period
Insights on P-vest
P-vest files the abbreviated format. That format states no turnover. The gross margin rose from €20,724 in 2018 to €468,373 in 2025.
The balance sheet grew most in 2025 through fixed assets.
HOOGLAND holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about P-vest
- What is the company number of P-vest?
- The company number of P-vest is 0674.722.595. The VAT number is the same number with BE in front: BE 0674.722.595.
- Where is P-vest based?
- The registered office is at Bietstraat 57, 8800 Roeselare.Company details
- What does P-vest do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of P-vest?
- P-vest is a private limited company (BV).
- When was P-vest founded?
- P-vest was founded on 21-04-2017.
- Is P-vest still active?
- Yes, P-vest is an active enterprise in the KBO register.
- How many employees does P-vest have?
- P-vest had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of P-vest?
- The turnover in financial year 2025 is ≈ €520,000. This figure is estimated from the gross margin of €468,373 and 39 comparable companies (NACE 68203). It probably lies between €490,000 and €650,000.
- Is P-vest profitable?
- In financial year 2025, P-vest made a profit of €67,531.
- Where can I find the annual accounts of P-vest?
- P-vest filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of P-vest due?
- P-vest must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.HOOGLAND · 11 companies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.