PIVECO
ActiveSummary
PIVECO has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,969 and a net result of €33,681. Its solvency ranks better than 51% of 1912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 2 accounts on average 112 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,154 | €8,847 | ▼ 12.9% |
| Other operating charges640/8 | €1,325 | €1,248 | ▼ 5.8% |
| Gross operating margin9900 | €71,946 | €57,217 | ▼ 20.5% |
| Operating profit (loss)9901 | €60,467 | €47,122 | ▼ 22.1% |
| Financial charges65/66B | €2,194 | €2,337 | ▲ 6.5% |
| Recurring financial charges65 | €2,194 | €2,337 | ▲ 6.5% |
| Profit (loss) for the period before taxes9903 | €58,273 | €44,785 | ▼ 23.1% |
| Income taxes67/77 | €12,500 | €11,105 | ▼ 11.2% |
| Profit (loss) for the period9904 | €45,773 | €33,681 | ▼ 26.4% |
| Profit (loss) for the period to be appropriated9905 | €45,773 | €33,681 | ▼ 26.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €101,824 | €126,664 | ▲ 24.4% |
| Fixed assets21/28 | €25,179 | €19,948 | ▼ 20.8% |
| Tangible fixed assets22/27 | €25,179 | €19,948 | ▼ 20.8% |
| Plant, machinery and equipment23 | - | €3,247 | - |
| Furniture and vehicles24 | €25,179 | €16,701 | ▼ 33.7% |
| Current assets29/58 | €76,645 | €106,716 | ▲ 39.2% |
| Amounts receivable after more than one year29 | - | €50,000 | - |
| Other amounts receivable291 | - | €50,000 | - |
| Amounts receivable within one year40/41 | €9,649 | €12,559 | ▲ 30.2% |
| Trade receivables40 | €9,649 | €11,359 | ▲ 17.7% |
| Other amounts receivable41 | - | €1,200 | - |
| Current investments50/53 | - | €22,500 | - |
| Cash at bank and in hand54/58 | €66,996 | €21,657 | ▼ 67.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €101,824 | €126,664 | ▲ 24.4% |
| Equity10/15 | €39,955 | €71,969 | ▲ 80.1% |
| Contributions10/11 | €100 | €100 | = |
| Reserves13 | €25,000 | €50,000 | ▲ 100% |
| Distributable reserves133 | €25,000 | €50,000 | ▲ 100% |
| Profit (loss) carried forward14 | €14,855 | €21,869 | ▲ 47.2% |
| Amounts payable17/49 | €61,869 | €54,695 | ▼ 11.6% |
| Amounts payable after more than one year17 | €24,000 | €16,000 | ▼ 33.3% |
| Financial debts170/4 | €24,000 | €16,000 | ▼ 33.3% |
| Amounts payable within one year42/48 | €37,869 | €38,039 | ▲ 0.4% |
| Current portion of amounts payable after more than one year42 | €8,000 | €8,000 | = |
| Trade debts44 | €2,402 | €3,773 | ▲ 57.1% |
| Suppliers440/4 | €2,402 | €3,773 | ▲ 57.1% |
| Taxes, remuneration and social security45 | €15,161 | €12,456 | ▼ 17.8% |
| Taxes450/3 | €15,161 | €12,456 | ▼ 17.8% |
| Other amounts payable47/48 | €12,307 | €13,809 | ▲ 12.2% |
| Accrued charges and deferred income492/3 | - | €656 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €45,773 | €33,681 | ▼ 26.4% |
| + Depreciation and write-downs630 | €10,154 | €8,847 | ▼ 12.9% |
| Operating cash flow (approximation) | €55,927 | €42,527 | ▼ 24.0% |
| Investment in fixed assets (approximation) | - | -€3,616 | - |
| Change in cash | - | -€45,339 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36019B1391/00E000 | Flanders | 911 m² | 1 · 141 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,730 EUR awarded · 2,730 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,730 EUR | 2,730 EUR |
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.