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Porbel & Co

Active
Private limited companyfounded 2018active for 8 yearsVan Goethemstraat 47, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0701.736.107

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Porbel & Co has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221,870 and a net result of €1,296, of which €3,091 non-recurring income. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 43% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow ReportCompare
Porbel & CoActiveChecked score 65/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 24-08-2018 Normal situation
Legal form
Private limited company
Registered office
Van Goethemstraat 47, 9820 Merelbeke-Melle
Activity
Plastering work NACE 43310and 4 others
Establishment unit
2.278.817.238 9820 Merelbeke-Melle, since 24-08-2018
Financial year end
30 September
Peppol
Reachable since 30-10-2023
Company details

Who decides

Board
  • GUIDO HELLEBUYCK & CODirector
  • BV FERAN InvestDirector · permanent representative Carlos Cristiano Freitas Antunes
Shareholders
Board & ownership

How it is doing

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts to 30-09-2025
Gross margin
€615,183
▼ 25.1%
Turnover
≈ €1.8m
estimated
Profit
€1,296
▼ 98.9%
Equity
€221,870
▲ 0.6%
Total assets
€582,463
▼ 1.0%
Staff
9.5 FTE
▼ 12.0%
Net result -99%: 12-month year2025 accounts on time
Filed on 30-04-2026PDF
Financials
Why 65raises riskSize: 9.5 FTE, total assets €582,463Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed 30-04-2026)Equity €221,870 (38.1% of total assets)Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 29% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 63+1
equity 38.1% of total assets
Liquidity 32=
short-term debt 59.1% · cash 10.3%
Profitability 40-53
return on assets 0.2%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.8%lowest value 12-2024: 0.9%▲ +0.1 percentage points vs 11-2024 01-2025: 0.8%▼ -0.1 percentage points vs 12-2024 02-2025: 0.9%▲ +0.1 percentage points vs 01-2025 03-2025: 1.0%▲ +0.1 percentage points vs 02-2025 04-2025: 1.6%▲ +0.6 percentage points vs 03-2025 05-2025: 1.9%▲ +0.3 percentage points vs 04-2025highest value 06-2025: 0.9%▼ -1.0 percentage point vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 1.0%▲ +0.1 percentage points vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.2%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.2%● unchanged vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.0%▼ -0.2 percentage points vs 09-2026
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.59, compared with 1.56 in 2024, above the usual 1.5; short-term debt: 59.1% and cash: 10.3% of total assets), but 61.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 41% on solvency, 20% on liquidity, 20% on profitability and 37% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: 9.5 FTE, total assets €582,463
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed 30-04-2026)
NBB · annual accounts
lowers risk · Equity €221,870 (38.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
2 days early
2022
on the day
2021
44 days early
2020
160 days early
2019
140 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 49 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Result fell in 202512-month financial year ▼ 98.9% View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €1,296, mostly one-off 7 years View

Documents

Annual accounts at the NBB

All 7 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Porbel & Co

What is the company number of Porbel & Co?
0701.736.107. In Belgium the VAT number is the company number with BE in front: BE 0701.736.107.
Where is Porbel & Co based?
The registered office is at Van Goethemstraat 47, 9820 Merelbeke-Melle.Company details
What does Porbel & Co do?
According to the KBO register, the main activity is plastering work (NACE 43310).
What is the legal form of Porbel & Co?
Private limited company (BV).
When was Porbel & Co founded?
On 24-08-2018.
Is Porbel & Co still active?
Yes, Porbel & Co is an active enterprise in the KBO register.
How many employees does Porbel & Co have?
On average 9.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Porbel & Co?
≈ €1.8m in financial year 2025. Estimated from the gross margin of €615,183: probably between €1.3m and €2.2m, based on 40 comparable companies, NACE 433.
Is Porbel & Co profitable?
In financial year 2025, Porbel & Co made a profit of €1,296.
Where can I find the annual accounts of Porbel & Co?
Porbel & Co filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Porbel & Co due?
By 30-04-2027, for financial year 2026.Timeline

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