Shareholders
- FERAN Invest12%
Porbel & Co
ActiveFrom 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 has been growing by about 29% per year since 2019. 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).
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
Board and ownership
Board
- GUIDO HELLEBUYCK & CODirector
- BV FERAN InvestDirector · permanent representative Carlos Cristiano Freitas Antunes
Shareholders
Financial position
- 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 filed on time
Filed on 30-04-2026PDF
Score breakdownraises riskSize: 9.5 FTE, total assets €582,463Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 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 stronger than 29% of micro companies in specialised construction (NACE 43)
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 within 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).
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 is ample, with a current ratio of 1.59 (1.56 in 2024), above the usual 1.5. Short-term debt is 59.1% and cash 10.3% of total assets. However, 61.9% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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). It does better than 41% of them 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 filingsDeviation 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
The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 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 monthsWhere today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-04-2026
- Annual accounts 2024filed on 30-04-2025
- Annual accounts 2023filed on 29-03-2024
- Annual accounts 2022filed on 31-03-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 15-07-2024
- Capital & shares · Amendment of the articles · Legal-form change · Resignations & appointments · Miscellaneousact of 11-01-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0701.736.107
Key facts about Porbel & Co
- What is the company number of Porbel & Co?
- The company number of Porbel & Co is 0701.736.107. The VAT number is the same 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?
- The legal form of Porbel & Co is Private limited company (BV).
- When was Porbel & Co founded?
- Porbel & Co was 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?
- Porbel & Co had an average of 9.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Porbel & Co?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €615,183 and 40 comparable companies (NACE 433). It probably lies between €1.3m and €2.2m.
- 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?
- Porbel & Co must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Companies linked to Porbel & Co
Comparable companies
These companies have the same main activity as Porbel & Co: plastering work (NACE 43310). They are comparable in size and age: total assets between €482,000 and €777,000, founded between 2010 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| Porbel & Co Merelbeke-Melle | €582,463 | €615,183 |
| EXULTEX Meerhout | €669,351 | €619,905 |
| NOVA IDEA Gent | €482,237 | €418,217 |
| BEZETTINGSWERKEN FRANSEN Herentals | €625,941 | €736,379 |
| Pleisterwerken Verhelst Zedelgem | €533,765 | €422,155 |
| GENPE Heist-op-den-Berg | €760,880 | €506,273 |
| TIBAS Beveren-Kruibeke-Zwijndrecht | €776,683 | €463,926 |
Next steps
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