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PRV

Active
Private limited companyfounded 2013active for 13 yearsLindestraat 81, 9990 Maldegem, BelgiumKBO/BCE: BE 0536.621.321
Summary

PRV has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €9,453, of which €13,429 non-recurring income. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 94% of 256 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-07-2013 Normal situation
Activity
Materials recovery from waste NACE 38210and 3 others
Joint committees
207 Paritair Comité voor de bedienden uit de scheikundige nijverheid
116 Paritair Comité voor de scheikundige nijverheid · annual accounts 2024
Establishment unit
2.230.415.921 9990 Maldegem, since 11-07-2013
Financial year end
31 December
Peppol
Reachable since 03-12-2025

Board and ownership

Board
  • KOMIVERDirector · permanent representative Koenraad VERSTRAETE

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€407,795
▼ 57.8%
Turnover
≈ €960,000
estimated
Profit
€9,453
▼ 97.8%
Equity
€2.4m
▼ 22.0%
Total assets
€2.7m
▼ 32.3%
Staff
2.8 FTE
▼ 6.7%
Net result -98%: branch of activity transferred
Score breakdownlowers riskFigures for financial year 2025 (filed on 28-07-2026)Liquidity: current ratio 6.37, cash €410,175Equity €2.4m (87.8% of total assets)Founded in 2013Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in waste collection and treatment (NACE 38)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 87.8% of total assets
Liquidity 69+2
short-term debt 10.2% · cash 15.2%
Profitability 69-13
return on assets 0.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (519 companies, NACE 38, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.37 (2.48 in 2024), above the usual 1.5. Short-term debt is 10.2% and cash 15.2% of total assets. 12.2% 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 38, micro). It does better than 91% of them on solvency, 76% on liquidity, 49% on profitability and 18% on growth.

The bankruptcy probability was computed on 03-11-2026 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 riskneutral
lowers risk · Figures for financial year 2025 (filed on 28-07-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 6.37, cash €410,175
NBB · annual accounts
lowers risk · Equity €2.4m (87.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
43 days early
2023
on the day
2022
7 days early
2021
12 days early
2020
12 days early
2019
on the day
← 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 11 days before the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Result fell in 2025branch of activity transferred to De Linde Real Estate ▼ 97.8% View
  • Positive: Higher solvency than 94% of companies in waste collection and treatmentsector median 36.0% · 256 companies 87.8% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €9,453, mostly one-off 8 years View
  • Branch transferred to De Linde Real Estatecontribution on 08-09-2025 2025 View

Recent changes

  1. · Gazette deed Demerger: PRV splits off to De Linde Real EstateCapital decrease of €680,637.25
  2. · Gazette deed 1 director appointed, 1 director resigningResignation: Koenraad VERSTRAETE (director) · Appointment: Komiver BV (director) · Permanent representative: Koenraad VERSTRAETE
  3. · Gazette deed Demerger proposal: PRV splits off to De Linde Real Estate BVPermanent representative: Koenraad Verstraete
All 18 events

Comparable companies

These companies have the same main activity as PRV: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €1.5m and €2.6m, founded between 2008 and 2014.

CompanyTotal assetsGross margin
PRV Maldegem€2.7m€0.4m
PRESTAT Marche-en-Famenne€2.6m€0.4m
VAN ASSCHE RECYCLING & TRADING Dendermonde€2.2m€0.6m
TERRACORRECT Wevelgem€2.0m€0.7m
RECY-CHEVY Libin€1.5m€0.5m
PEBS GROUP Hamont-Achel€2.4m€0.5m
Export Services Antwerp Beveren-Kruibeke-Zwijndrecht€1.8m€0.8m
Full comparison

Key facts about PRV

What is the company number of PRV?
The company number of PRV is 0536.621.321. The VAT number is the same number with BE in front: BE 0536.621.321.
Where is PRV based?
The registered office is at Lindestraat 81, 9990 Maldegem.Company details
What does PRV do?
According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
What is the legal form of PRV?
The legal form of PRV is Private limited company (BV).
When was PRV founded?
PRV was founded on 10-07-2013.
Is PRV still active?
Yes, PRV is an active enterprise in the KBO register.
How many employees does PRV have?
PRV had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PRV fall under?
In its 2024 annual accounts, PRV states joint committees 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid) and 116 (Paritair Comité voor de scheikundige nijverheid).
What is the turnover of PRV?
The turnover in financial year 2025 is ≈ €960,000. This figure is estimated from the gross margin of €407,795 and 2,281 comparable companies of the same size. It probably lies between €580,000 and €1.6m. It is a rough estimate.
Is PRV profitable?
In financial year 2025, PRV made a profit of €9,453.
Where can I find the annual accounts of PRV?
PRV filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PRV due?
PRV must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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