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PIVABO

Active Private limited companyfounded 1995active for 30 yearsKampstraat 20, 8500 KortrijkKBO/BCE: BE 0456.779.532

Lifetime

20 annual accounts with figures on one time axis, 30 filings since 1996
peak €680,277 (2024)
€668,523▼ 1.7%
peak €147,115 (2021)
€21,675▼ 62.7%
peak €425,347 (2022)
€404,784▲ 5.2%
€1.4m▼ 8.9%
peak 5.6 FTE (2022)
4.8 FTE▼ 4.0%
Board1 name since 2021
1 director
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Result from €58,181 to €21,675Dividend €1,666Cash from €308,118 to €127,709

Key points

from the 2025 annual accounts

Equity

€404,784 ▲ 5.2%

PIVABO has made a profit in every financial year since 2006.

Debts

€1.4m 77% of the balance sheet
Financial debts 24%Suppliers 48%Taxes and wages 11%Other 16%

Of this, €1.0m falls due within a year.

Filings

30 annual accounts since 1996
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 31 to 33 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,985 companies had the same profile as PIVABO has now. Each dot stands for 10 companies, two years later.

96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 3,985 companies, not a prediction for PIVABO. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0456779532
Change of role: , from manager to director Gazette deed
First establishment Kampstraat 20, Kortrijk
Incorporation published on 23-01-1996 · Gazette deed
All 38 events

Comparable companies

same main activity, similar in size and age
Company
PIVABO Kortrijk €1.8m €668,523 22.6% 4.8
ETS-MARIJSSE & ZOON Oosterzele €2.0m €596,361 41.8% 5
ATTACHMENT TECHNOLOGY INTERNATIONAL Dentergem €1.3m €575,132 78.3% 6.1
Etablissements CARTON Frasnes-lez-Anvaing €1.8m €489,358 75.4% 4
ETABLISSEMENTS NOEL GEORGES Wavre €1.5m €703,520 48.3% 5.9
DE CLIPPELEIR Hamme (Vl.) €2.0m €517,858 42.7% 5
CORNIL FRERES Soignies €1.5m €504,613 67.3% 5.5

These companies have the same main activity as PIVABO: wholesale trade (NACE 46610). They are comparable in size and age: total assets between €1.3m and €2m, founded between 1988 and 2000.

Official details

Source: KBO
Status
Active since 28-12-1995Normal situation
Activity
Wholesale tradeNACE 46610
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2022
Establishment unit
2.074.983.7158500 Kortrijk, since 03-06-1998
Financial year end
31 December
Peppol
Reachable since 29-01-2025
Company details

Annual accounts 2025

≈ €3.4mestimated
€1.8m▼ 6.0%
Employeeson 31-12-2025
4▼ 20.0%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on PIVABO

PIVABO files the abbreviated format. That format states no turnover. The gross margin rose from €93,679 in 2006 to €668,523 in 2025.

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 PIVABO

What is the company number of PIVABO?
The company number of PIVABO is 0456.779.532. The VAT number is the same number with BE in front: BE 0456.779.532.
Where is PIVABO based?
The registered office is at Kampstraat 20, 8500 Kortrijk.Company details
What does PIVABO do?
According to the KBO register, the main activity is wholesale trade (NACE 46610).
What is the legal form of PIVABO?
PIVABO is a private limited company (BV).
When was PIVABO founded?
PIVABO was founded on 28-12-1995.
Is PIVABO still active?
Yes, PIVABO is an active enterprise in the KBO register.
How many employees does PIVABO have?
PIVABO had an average of 4.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PIVABO fall under?
In its 2022 annual accounts, PIVABO states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of PIVABO?
The turnover in financial year 2025 is ≈ €3.4m. This figure is estimated from the gross margin of €668,523 and 139 comparable companies (NACE 46). It probably lies between €2.1m and €5.8m.
Is PIVABO profitable?
In financial year 2025, PIVABO made a profit of €21,675.
Where can I find the annual accounts of PIVABO?
PIVABO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PIVABO due?
PIVABO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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