PIVACO
The computed 12-month bankruptcy probability of PIVACO is 6.1% (elevated). The 2025 annual accounts show negative equity (€-13k) and a net result of €-10k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-13k |
| Net result | €-10k |
| Active | 3 yrs |
| Locations | 1 |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-8k |
| Net profit | €-10k |
| Cash flow | €-9k |
| Staff costs | - |
| Income taxes | €163 |
| Dividends | - |
| Total assets | €11k |
| Equity | €-13k |
| Debt | €24k |
| of which ≤ 1y | €24k |
| of which > 1y | - |
| Working capital | €-19k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.20 |
| Quick ratio | 0.20 |
| Working capital ratio | -176.2% |
| Solvency | -121.4% |
| Debt / equity | -1.82 |
| Long-term debt ratio | - |
| Interest coverage | -5.87 |
| Gross margin | - |
| Net margin | - |
| ROA | -91.9% |
| ROE | 75.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €11k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €6k |
| Current assets | 29/58 | €5k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €11k |
| Equity | 10/15 | €-13k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-18k |
| Amounts payable | 17/49 | €24k |
| Amounts payable within one year | 42/48 | €24k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €-7k |
| Operating result | 9901 | €-9k |
| Financial income | 75 | €14 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-10k |
| Income taxes | 67/77 | €163 |
| Net result for the period | 9904 | €-10k |
| Result to be appropriated | 9905 | €-10k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 07-12-2022 |
| Status | Active |
| Postal code | 3320 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24712A0867/00C000 | Flanders | 1,625 m² | 1 · 114 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-07-2023 Registered office moved from Leuven to Meldert
- Dekenstraat 33, 3000 Leuven → Waversesteenweg 27, 3320 Meldert
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Waversesteenweg 27, 3320 Meldert",
"city": "Meldert",
"region": "vlaams_gewest",
"street": "Waversesteenweg",
"country": "BE",
"postcode": "3320",
"box_number": null,
"street_number": "27",
"locality_suffix": null
},
"old_address": {
"raw": "Dekenstraat 33, 3000 Leuven",
"city": "Leuven",
"region": "vlaams_gewest",
"street": "Dekenstraat",
"country": "BE",
"postcode": "3000",
"box_number": null,
"street_number": "33",
"locality_suffix": null
},
"effective_date": "2023-06-03",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Leuven",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-07-28",
"filing_date": "2023-07-18",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2023-05-31",
"unanimous": null
},
"subject_company": {
"kbo": "0794.486.814",
"name_full": "PIVACO",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "BV BELGIAN ACCOUNTING SERVICES",
"person_name": null,
"org_rep_person_name": "Joeri Verrekt",
"person_role_at_subject": null
},
"co_filed_documents": [
"de notulen van de bijzondere algemene vergadering dd. 31/05/2023"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PIVACO |