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PETRO SERVICE

Active
Private limited companyfounded 1986active for 39 yearsHerdersstraat 38, 8800 Roeselare, BelgiumKBO/BCE: BE 0429.745.632
Summary

PETRO SERVICE has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €245,747. Equity remains stable across the filed financial years (±2.4% per year). Its solvency ranks better than 44% of 6,141 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale of solid, liquid and gaseous fuels and related products
NACE 46810Retail sale of solid, liquid and gaseous fuels, excluding motor fuels NACE 47781
8 sites
Size
€21.2mturnover 2025
Staff
4 FTE
Equity
€2.0m
Profit
€245,747
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
SVVS Invest · 100%
  • SVVS INVESTDirector · permanent representative Sarah Vandendriessche
  • Vandepitte StijnDirector
  • V&P BEHEERDirector · permanent representative Piet Vandendriessche
2025 accounts filed 18 days late3 of 14 deeds summarised
Why 93raises risk8 establishment unitslowers riskFounded in 1986Size: turnover €21.2m, 4 FTE, total assets €5.0mLiquidity: current ratio 1.52, cash €759,688, halvedShow the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Average
Solvency 65+12
equity 40.0% of total assets
Liquidity 42-1
short-term debt 54.3% · cash 15.3%
Profitability 60+1
return on assets 5.0%
Bankruptcy probability, 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 0.4% (26,882 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 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: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%▲ +0.2 percentage points vs 04-2025highest value 06-2025: 0.1%▼ -0.3 percentage points vs 05-2025 07-2025: 0.1%● unchanged 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 11-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.52, compared with 1.3 in 2024, above the usual 1.5; short-term debt: 54.3% and cash: 15.3% of total assets), but 60% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 49% on solvency, 39% on liquidity, 44% on profitability and 38% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €21.2m, 4 FTE, total assets €5.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 8 establishment units
KBO · seat and establishments
lowers risk · Liquidity: current ratio 1.52, cash €759,688, halved
NBB · annual accounts
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-05-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
18 days late
2024
27 days late
2023
on the day
2022
2 days late
2021
2 days late
2020
on the day
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 2 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end26-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: NV V&P Beheer (director)Permanent representative: Piet Vandendriessche ·…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Controlled by SVVS Invest 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €245,747 7 years View
  • Active since 1986founded 14-11-1986 39 years View

By topic

Financials

Financial year
2025
Turnover
€21.2m
Profit
€245,747
Solvency
40.0%
Turnover▼ 14.6%
Net result
20192025
Go to Financials

Board & ownership

Board
3 members
Parent
SVVS Invest · 100%
  • SVVS INVESTDirector
  • Vandepitte StijnDirector
  • V&P BEHEERDirector
Go to Board & ownership

Timeline

Events
42
Since
1988
Next accounts
by 30-04-2027
  1. 12-12-2024Resignation: Houzet Rik (manager)
  2. 30-09-2024Highest result from 2019 to 2025
  3. 30-04-2024Annual accounts filed
Go to Timeline

Company details

Sites
8
Legal form
Private limited company
Activity
Wholesale of solid, liquid and gaseous fuels and…NACE 46810
Founded
14-11-1986
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Key facts about PETRO SERVICE

What is the company number of PETRO SERVICE?
0429.745.632. In Belgium the VAT number is the company number with BE in front: BE 0429.745.632.
Where is PETRO SERVICE based?
The registered office is at Herdersstraat 38, 8800 Roeselare.Company details
What does PETRO SERVICE do?
According to the KBO register, the main activity is wholesale of solid, liquid and gaseous fuels and related products (NACE 46810).
What is the legal form of PETRO SERVICE?
Private limited company (BV).
When was PETRO SERVICE founded?
On 14-11-1986.
Is PETRO SERVICE still active?
Yes, PETRO SERVICE is an active enterprise in the KBO register.
How many employees does PETRO SERVICE have?
On average 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PETRO SERVICE?
€21.2m in financial year 2025, according to the filed annual accounts.
Is PETRO SERVICE profitable?
In financial year 2025, PETRO SERVICE made a profit of €245,747.
Where can I find the annual accounts of PETRO SERVICE?
PETRO SERVICE filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PETRO SERVICE due?
By 30-04-2027, for financial year 2026.Timeline

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