PNV SOLUTION
ActiveSummary
The computed 12-month bankruptcy probability of PNV SOLUTION is 4.5% (elevated). The 2026 annual accounts show equity of €8,216 and a net result of -€3,136. Equity is growing by ~33.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 94 sector peers (fiscal year 2026). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2026
Axes · tick = 2025
Profitability0▼-90
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
short-term debt: 0.2% and cash: 15.2% of total assets, and 0.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
99.8%
Return on assets
-38.1%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 21-07-2026, 41 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2026
41 d early
2025
41 d early
2024
50 d early
2023
4 d late
2022
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 20 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-01-2027 close31-08-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€8,216▼ 27.8%
2025 · €11,379
Total assets
€8,232▼ 37.5%
2025 · €13,167
Net result
-€3,136
2025 · €2,787
Working capital
€8,216▼ 27.8%
2025 · €11,379
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€7,053--€1,064€10,365€5,607▼ 45.9%-€1,806
Net result€4,191--€3,073€6,974€2,787▼ 60.0%-€3,136
Equity€4,691-€1,618▼ 65.5%€8,592▲ 431%€11,379▲ 32.4%€8,216▼ 27.8%
Total assets€8,889-€6,498▼ 26.9%€9,348▲ 43.9%€13,167▲ 40.9%€8,232▼ 37.5%
Debt€4,198-€4,880▲ 16.2%€756▼ 84.5%€1,788▲ 137%€16▼ 99.1%
Working capital€4,691-€1,618▼ 65.5%€8,592▲ 431%€11,379▲ 32.4%€8,216▼ 27.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €1,806 after €5,607 in 2025, the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €8,232
Equity
€8,216 ▼ 27.8%
Debt
€16 ▼ 99.1%
Debt's share of the balance-sheet total falls from 13.6% to 0.2%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.00▼
2025 · 0.16
ROE
-38.2%▼
2025 · 24.5%
ROA
-38.1%▼
2025 · 21.2%
Debt ≤ 1 year
€16▼
2025 · €1,788
Income taxes
€239▼
2025 · €1,154
A ratio outside any meaningful range has been withheld (balance sheet total €8,232, equity €8,216).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €189 | €373 | €480 | €761 | €1,010 | ▲ 32.7% |
| Gross operating margin9900 | €7,242 | -€691 | €10,845 | €6,368 | -€796 | ▼ 113% |
| Operating profit (loss)9901 | €7,053 | -€1,064 | €10,365 | €5,607 | -€1,806 | ▼ 132% |
| Financial income75/76B | - | - | €6 | - | - | - |
| Recurring financial income75 | - | - | €6 | - | - | - |
| Financial charges65/66B | €208 | €1,808 | €1,763 | €1,666 | €1,091 | ▼ 34.5% |
| Recurring financial charges65 | €208 | €1,808 | €1,763 | €1,666 | €1,091 | ▼ 34.5% |
| Profit (loss) for the period before taxes9903 | €6,845 | -€2,872 | €8,608 | €3,941 | -€2,897 | ▼ 174% |
| Income taxes67/77 | €2,654 | €201 | €1,634 | €1,154 | €239 | ▼ 79.3% |
| Profit (loss) for the period9904 | €4,191 | -€3,073 | €6,974 | €2,787 | -€3,136 | ▼ 213% |
| Profit (loss) for the period to be appropriated9905 | €4,191 | -€3,073 | €6,974 | €2,787 | -€3,136 | ▼ 213% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,889 | €6,498 | €9,348 | €13,167 | €8,232 | ▼ 37.5% |
| Current assets29/58 | €8,889 | €6,498 | €9,348 | €13,167 | €8,232 | ▼ 37.5% |
| Amounts receivable within one year40/41 | €4,861 | €4,629 | €3,234 | €10,573 | €6,904 | ▼ 34.7% |
| Trade receivables40 | €4,545 | €3,150 | - | €5,890 | €4,620 | ▼ 21.6% |
| Other amounts receivable41 | €316 | €1,479 | €3,234 | €4,683 | €2,284 | ▼ 51.2% |
| Cash at bank and in hand54/58 | €4,028 | €1,345 | €5,398 | €1,862 | €1,251 | ▼ 32.8% |
| Deferred charges and accrued income490/1 | - | €524 | €716 | €732 | €77 | ▼ 89.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,889 | €6,498 | €9,348 | €13,167 | €8,232 | ▼ 37.5% |
| Equity10/15 | €4,691 | €1,618 | €8,592 | €11,379 | €8,216 | ▼ 27.8% |
| Contributions10/11 | €500 | €500 | €500 | €500 | €500 | = |
| Profit (loss) carried forward14 | €4,191 | €1,118 | €8,092 | €10,879 | €7,716 | ▼ 29.1% |
| Amounts payable17/49 | €4,198 | €4,880 | €756 | €1,788 | €16 | ▼ 99.1% |
| Amounts payable within one year42/48 | €4,198 | €4,880 | €756 | €1,788 | €16 | ▼ 99.1% |
| Trade debts44 | €704 | €1,947 | - | €1,788 | €16 | ▼ 99.1% |
| Suppliers440/4 | €704 | €1,947 | - | €1,788 | €16 | ▼ 99.1% |
| Taxes, remuneration and social security45 | €3,494 | €2,856 | €756 | - | - | - |
| Taxes450/3 | €2,655 | €2,856 | €756 | - | - | - |
| Remuneration and social security454/9 | €839 | - | - | - | - | - |
| Other amounts payable47/48 | - | €77 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,191 | -€3,073 | €6,974 | €2,787 | -€3,136 | ▼ 213% |
| Operating cash flow (approximation) | €4,191 | -€3,073 | €6,974 | €2,787 | -€3,136 | ▼ 213% |
| Change in cash | - | -€2,683 | €4,053 | -€3,536 | -€611 | ▲ 82.7% |
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
Next filing, fiscal year 2027, expected by
2026
21-07
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-01
Financial
Weakest financial yearnet -€3,136
Net result drops to -€3,136, the lowest in the series.
31-01
Financial
Liquidity times 70current ratio 514.50
Current ratio from 7.36 to 514.50; short-term debt falls from €1,788 to €16.
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
Financial
Back to profitnet €6,974
Net result €6,974 after one loss-making year.
31-01
Financial
Liquidity times 9current ratio 12.37
Current ratio from 1.33 to 12.37; short-term debt falls from €4,880 to €756.
2023
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2021
Ground area
1,166 m²
Building footprint
405 m²
Volume, LiDAR
6,329 m³
Parcel 21616A0169/00C005, Brussels · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
PNV SOLUTION
since 20212.314.007.650
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0169/00C005 | Brussels | 1,166 m² | 1 · 405 m² | 19.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RENOVAS HOME
BE 1000.540.548
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BK TRADE
BE 0780.428.544
Sint-Gillis (bij-Brussel) · Eq €8,225
Eeckhout Jano
BE 0635.577.949
Lede · Eq €8,205
BOELS CONSTRUCTION
BE 0788.763.616
Erpe-Mere · Eq €8,233
EJ Renovation
BE 0797.179.058
Hasselt · Eq €8,233
Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 8,489 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-01-2021
Fiscal year end31-01
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.