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P en W SERVICE

Active
Private limited companyfounded 1996active for 30 yearsKraaiaard 25, 8800 Roeselare, BelgiumKBO/BCE: BE 0457.658.965
Summary

P en W SERVICE has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €254,760 and a net result of €7,263. Equity has been growing by about 7.1% per year since 2018. Its solvency ranks better than 53% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 05-04-1996 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
Joint committee
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 2025
Establishment units
2.076.432.676 8800 Roeselare, since 06-05-1996
2.309.391.836 8800 Roeselare, since 30-10-2020
Financial year end
31 December
Peppol
Reachable since 02-01-2025

Board and ownership

Board

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€209,585
▲ 5.0%
Turnover
≈ €650,000
estimated
Profit
€7,263
▼ 11.3%
Equity
€254,760
▼ 27.1%
Total assets
€518,705
▼ 11.9%
Employees on 31-12-2025
3
=
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.50, cash €114,482Founded in 1996Equity €254,760 (49.1% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 74-10
equity 49.1% of total assets
Liquidity 74-15
short-term debt 15.5% · cash 22.1%
Profitability 71+1
return on assets 1.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.5 (4.42 in 2024), above the usual 1.5. Short-term debt is 15.5% and cash 22.1% of total assets. However, 50.9% of the assets are financed with debt and provisions.
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 43, micro). It does better than 53% of them on solvency, 73% on liquidity, 39% on profitability and 15% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.50, cash €114,482
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €254,760 (49.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
21 days early
2023
85 days early
2022
34 days early
2021
83 days early
2020
50 days early
2019
36 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 53 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 88% of companies in specialised constructionsector median €57,775 · 34,958 companies €254,760 View
  • Positive: 8 profitable years in a rowprofit 2025: €7,263 8 years View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
  • Caution: Equity fell in 2025from €349,497 to €254,760 ▼ 27.1% View

Recent changes

  1. · Gazette deed Changes of role: Johan WILLEMYNS, Lisbeth WILLEMYNS and Jozef BYTTEBIER
  2. · Gazette deed Appointment: Byttebier Jozef (director)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as P en W SERVICE: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €417,000 and €622,000, founded between 1993 and 1998.

CompanyTotal assetsGross margin
P en W SERVICE Roeselare€518,705€209,585
DENECKERE RIK Waregem€417,487€221,178
ALAIN DANIELS Brecht€567,543€223,351
ADRI-COOL Merelbeke-Melle€589,126€217,782
ISOPUR Wortegem-Petegem€564,855€245,552
PETIT Jean-Louis et fils Chièvres€583,959€175,240
TARASCONI SERVICES PLUS Beloeil€621,814€211,562
Full comparison

Key facts about P en W SERVICE

What is the company number of P en W SERVICE?
The company number of P en W SERVICE is 0457.658.965. The VAT number is the same number with BE in front: BE 0457.658.965.
Where is P en W SERVICE based?
The registered office is at Kraaiaard 25, 8800 Roeselare.Company details
What does P en W SERVICE do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of P en W SERVICE?
The legal form of P en W SERVICE is Private limited company (BV).
When was P en W SERVICE founded?
P en W SERVICE was founded on 05-04-1996.
Is P en W SERVICE still active?
Yes, P en W SERVICE is an active enterprise in the KBO register.
How many employees does P en W SERVICE have?
P en W SERVICE had an average of 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does P en W SERVICE fall under?
In its 2025 annual accounts, P en W SERVICE states joint committee 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
What is the turnover of P en W SERVICE?
The turnover in financial year 2025 is ≈ €650,000. This figure is estimated from the gross margin of €209,585 and 86 comparable companies (NACE 432). It probably lies between €520,000 and €790,000.
Is P en W SERVICE profitable?
In financial year 2025, P en W SERVICE made a profit of €7,263.
Where can I find the annual accounts of P en W SERVICE?
P en W SERVICE filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of P en W SERVICE due?
P en W SERVICE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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