Equity
PiVer paid out €30,600 in dividends. That is 122% of the 2025 profit.
PiVer paid out €30,600 in dividends. That is 122% of the 2025 profit.
Four of the last ten came late. The 2023 accounts came latest: 27 days after the end of the period.
Higher solvency than 95% of companies in other manufacturing. Sector median 41.3% · 841 companies.
In July 2024, 34,691 companies had the same profile as PiVer has now. Each dot stands for 87 companies, two years later.
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.
| 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 34,691 companies, not a prediction for PiVer. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| PiVer Gembloux | €269,506 | €42,854 | 94.2% | - |
| EEN2ZES Ghent | €257,544 | €48,794 | 57.0% | - |
| SD ONE Westerlo | €240,040 | €50,730 | 87.2% | - |
| DENTAL HARMONY Lennik | €375,355 | €40,639 | 36.8% | - |
| DENTAL IMPRO Schoten | €219,953 | €44,305 | -33.8% | - |
| DENTAAL LABO DE KERPEL Koksijde | €234,313 | €55,587 | 66.4% | - |
| KERADENTAL Grimbergen | €245,633 | €26,902 | 51.4% | - |
These companies have the same main activity as PiVer: manufacture of medical and dental instruments and supplies (NACE 32500). They are comparable in size and age: total assets between €220,000 and €375,000, founded between 2005 and 2011.
PiVer files the micro format. That format states no turnover. The gross margin rose from €23,992 in 2010 to €42,854 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.
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