Checked.be
Active
BE 0691.710.661Private limited company (pre-2019)
PNovation
· 8 yrs active
Sector: Schilderen van civieltechnische werken
(43342)
Conclusion
The KBO register records legal situation 050 for PNovation (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-13k) and a net result of €-27k.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €-13k |
| Net result | €-27k |
| Staff (FTE) | 4.8 |
| Active | 8 yrs |
Snowflake analysis
34
/ 100
Fragile profile, watch stability in particular.
All 5 axes are computed from data Checked has read.
Health
7
Profitability
100
Solvency
33
Growth
32
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
0 / 100
Low riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
7
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2021. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-08-2022 with the NBB · fiscal year 2021 · micro
€8k
-73.6%
18-21
€-27k
-
18-21
€1k
-96.6%
18-21
€112k
+26.5%
18-21
€-13k
-
18-21
€-35k
+16.6%
18-21
5
+11.6%
18-21
€229k
-
18-21
€708
+11.6%
18-21
€126k
+67.0%
18-21
€59k
-22.1%
18-21
0.40
-9.0%
18-21
0.40
-9.0%
18-21
-11.9%
-
18-21
-9.37
-
18-21
200.4%
+386.2%
18-21
-23.9%
-
18-21
1.10
-
18-21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €8k |
| Net profit | €-27k |
| Cash flow | €1k |
| Staff costs | €229k |
| Income taxes | €708 |
| Dividends | - |
| Total assets | €112k |
| Equity | €-13k |
| Debt | €126k |
| of which ≤ 1y | €59k |
| of which > 1y | - |
| Working capital | €-35k |
| Employees (FTE) | 4.8 |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 0.40 |
| Quick ratio | 0.40 |
| Working capital ratio | -31.2% |
| Solvency | -11.9% |
| Debt / equity | -9.37 |
| Long-term debt ratio | - |
| Interest coverage | 1.10 |
| Gross margin | - |
| Net margin | - |
| ROA | -23.9% |
| ROE | 200.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €112k |
| Fixed assets | 21/28 | €89k |
| Tangible fixed assets | 22/27 | €89k |
| Current assets | 29/58 | €24k |
| Amounts receivable within one year | 40/41 | €18k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €112k |
| Equity | 10/15 | €-13k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €-20k |
| Amounts payable | 17/49 | €126k |
| Amounts payable within one year | 42/48 | €59k |
| Trade debts payable within one year | 44 | €49k |
| Income statement | ||
| Gross operating margin | 9900 | €245k |
| Operating result | 9901 | €-20k |
| Financial income | 75 | €945 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €-26k |
| Income taxes | 67/77 | €708 |
| Net result for the period | 9904 | €-27k |
| Result to be appropriated | 9905 | €-27k |
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Ratios computed by Checked.
Legal Structure
| NACE primary | Schilderen van civieltechnische werken(43342) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 05-03-2018 |
| Status | Active |
| Postal code | - |
Establishment units
PNovation
since 20182.274.084.925
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007A0063/00N004 | Flanders | 444 m² | 1 · 125 m² | - |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2022
31-08-2022
NBB filing
Annual accounts filed
2021
27-10-2021
NBB filing
Annual accounts filed
2020
28-08-2020
NBB filing
Annual accounts filed
2019
28-06-2019
NBB filing
Annual accounts filed
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE)
Activities
Schilderen van civieltechnische werken43342Schilderen van civieltechnische werken43342Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen43333Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen43333Schilderen van gebouwen43341Schilderen van gebouwen43341
Primary activity highlighted.
Names & trade names
| Legal nameNL | PNovation |
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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