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P.P.R.-VIBED

Active
Public limited companyfounded 1969active for 57 yearsVondelen(DE) 52, 9450 Haaltert, BelgiumKBO/BCE: BE 0406.412.083
Summary

The computed 12-month bankruptcy probability of P.P.R.-VIBED is 6.3% (elevated). The 2025 annual accounts show negative equity (-€57,917) and a net result of -€73,841. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 378 sector peers (NACE 42, financial year 2025). The company has been active since 1969 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 01-02-1969 Normal situation
Activity
Construction of roads and motorways NACE 42110and 1 other
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment units
2.002.526.891 9450 Haaltert, since 01-04-1969
2.002.526.990 9450 Haaltert, since 04-06-1998
Financial year end
31 December
Peppol
Reachable since 13-02-2026

Board and ownership

Financial position

33 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.3%
Annual accounts 2025
Turnover
€87,793
▲ 10.3%
Loss
€73,841
▼ 6.7%
Equity
-€57,917
Total assets
€244,135
▼ 31.5%
Employees on 31-12-2025
4
▼ 20.0%
  • Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€57,917Loss of €73,841, the second in a row (financial year 2025)Liquidity: current ratio 0.35, cash €8,988Sector: Civil engineering (NACE 42)Show the evidence

Checked score

Score 2025
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 11% of micro companies in civil engineering (NACE 42)
Financial strength · tick: 2024
Weak
Solvency 1-28
equity -23.7% of total assets
Liquidity 13-5
short-term debt 76.7% · cash 3.7%
Profitability 0=
return on assets -30.2%
Bankruptcy probability within 12 months
6.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 12-2024: 1.4%lowest value 01-2025: 1.4%● unchanged vs 12-2024lowest value 02-2025: 1.4%● unchanged vs 01-2025lowest value 03-2025: 1.5%▲ +0.1 percentage points vs 02-2025 04-2025: 1.6%▲ +0.1 percentage points vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 4.7%▲ +3.1 percentage points vs 06-2025 08-2025: 4.7%● unchanged vs 07-2025 09-2025: 4.7%● unchanged vs 08-2025 10-2025: 4.7%● unchanged vs 09-2025 11-2025: 4.7%● unchanged vs 10-2025 12-2025: 4.7%● unchanged vs 11-2025 01-2026: 4.8%▲ +0.1 percentage points vs 12-2025 02-2026: 4.8%● unchanged vs 01-2026 03-2026: 4.8%● unchanged vs 02-2026 04-2026: 4.9%▲ +0.1 percentage points vs 03-2026 05-2026: 4.9%● unchanged vs 04-2026 06-2026: 4.7%▼ -0.2 percentage points vs 05-2026 07-2026: 6.3%▲ +1.6 percentage points vs 06-2026highest value 08-2026: 6.3%● unchanged vs 07-2026highest value 09-2026: 6.3%● unchanged vs 08-2026highest value 10-2026: 6.3%● unchanged vs 09-2026highest value 11-2026: 6.3%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.35 (0.25 in 2024), below 1. Short-term debt is 76.7% and cash 3.7% of total assets. Equity is negative.
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 42, micro). It does better than 6% of them on solvency, 8% on liquidity, 5% on profitability and 27% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Negative equity -€57,917
NBB · annual accounts
raises risk · Loss of €73,841, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.35, cash €8,988
NBB · annual accounts
raises risk · Sector: Civil engineering (NACE 42)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€57,917
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
44 days early
2023
62 days early
2022
56 days early
2021
52 days early
2020
52 days early
2019
58 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 52 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% 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 9 June (5 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€57,917 View
  • Caution: Lower solvency than 95% of companies in civil engineeringsector median 40.1% · 378 companies -23.7% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€73,841 View

Recent changes

  1. · Gazette deed Reappointments: DE GENDT Ortaire (director) and HOEBEECK Irène (director)
  2. · Gazette deed 2 directors appointed, 2 reappointedReappointments: Ortaire De Gendt (director) and Irène Hoebeeck (director) · Appointment: Ortaire De Gendt (chair of the board)
All 15 events

Comparable companies

These companies have the same main activity as P.P.R.-VIBED: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €119,000 and €1m, founded between 1979 and 1998.

CompanyTotal assetsGross margin
P.P.R.-VIBED Haaltert€0.2m€0.04m
Maes Rijplaten Zandhoven€0.3m€0.04m
STUDIE- EN EXPERTISEBUREEL H. DP. Denderleeuw€0.3m€0.04m
R EN S WEGENBOUW Beerse€0.5m€0.1m
PRO GARDENER Viroinval€0.1m€0.1m
ALRENCO Diest€1.0m€0.1m
BESTRATINGSWERKEN GEERT Kasterlee€0.1m€0.04m
Full comparison

Key facts about P.P.R.-VIBED

What is the company number of P.P.R.-VIBED?
The company number of P.P.R.-VIBED is 0406.412.083. The VAT number is the same number with BE in front: BE 0406.412.083.
Where is P.P.R.-VIBED based?
The registered office is at Vondelen(DE) 52, 9450 Haaltert.Company details
What does P.P.R.-VIBED do?
According to the KBO register, the main activity is construction of roads and motorways (NACE 42110).
What is the legal form of P.P.R.-VIBED?
The legal form of P.P.R.-VIBED is Public limited company (NV).
When was P.P.R.-VIBED founded?
P.P.R.-VIBED was founded on 01-02-1969.
Is P.P.R.-VIBED still active?
Yes, P.P.R.-VIBED is an active enterprise in the KBO register.
How many employees does P.P.R.-VIBED have?
P.P.R.-VIBED had an average of 4.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does P.P.R.-VIBED fall under?
In its 2025 annual accounts, P.P.R.-VIBED states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of P.P.R.-VIBED?
The turnover of P.P.R.-VIBED was €87,793 in financial year 2025, according to the filed annual accounts.
Is P.P.R.-VIBED profitable?
In financial year 2025, P.P.R.-VIBED made a loss of €73,841.
Where can I find the annual accounts of P.P.R.-VIBED?
P.P.R.-VIBED filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of P.P.R.-VIBED due?
P.P.R.-VIBED must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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