PTVL
ActivePTVL has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.86M and a net result of €60k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 95% of 4501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-2
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
short-term debt: 0.1% and cash: 6.3% of total assets, and 0.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.9%
Return on assets
2.1%
Age of the figures
9 mo
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 26-07-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
77 d early
2023
71 d early
2022
19 d early
2021
34 d early
2020
58 d early
2019
53 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€60k▼ 76.6%
2024 · €255k
2018: €141k
2019: €52k
2020: €111k
2021: €153k
2022: €135k
2023: €160k
2024: €255k
2018 → 2025
Working capital
€205k▼ 95.0%
2024 · €4.07M
2018: €2.30M
2019: €2.51M
2020: €2.79M
2021: €3.05M
2022: €3.36M
2023: €3.69M
2024: €4.07M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6.28M-€6.41M▲ 2.1%€6.57M▲ 2.5%€6.83M▲ 3.9%€2.86M▼ 58.1%
Operating result€159k-€139k▼ 12.5%€168k▲ 20.7%€225k▲ 34.3%€56k▼ 75.2%
Net result€153k-€135k▼ 12.2%€160k▲ 18.8%€255k▲ 59.6%€60k▼ 76.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 75% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.86M
Fixed assets
€2.66M▼ 3.9%
Current assets
€207k▼ 95.0%
Equity and liabilities €2.86M
Equity
€2.86M▼ 58.1%
Debt
€3k▼ 97.0%
The debt ratio falls from 1.4% to 0.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€164k▼
2024 · €349k
Cash flow
€168k▼
2024 · €379k
Solvency
99.9%▲
2024 · 98.6%
Debt / equity
0.00▼
2024 · 0.01
ROE
2.1%▼
2024 · 3.7%
ROA
2.1%▼
2024 · 3.7%
Interest coverage
217.88▲
2024 · 161.49
Debt
€3k▼
2024 · €96k
Debt ≤ 1 year
€2k▼
2024 · €93k
Income taxes
€20k▼
2024 · €86k
A ratio outside any meaningful range has been withheld (balance sheet total €2.86M, equity €2.86M).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.92M€2.86M▼
Fixed assets21/28€2.76M€2.66M▼
Tangible fixed assets22/27€2.76M€2.66M▼
Land and buildings22€2.76M€2.66M▼
Current assets29/58€4.16M€207k▼
Amounts receivable within one year40/41€1.18M€22k▼
Trade receivables40€18k€0▼
Other amounts receivable41€1.16M€22k▼
Current investments50/53€1.90M€0▼
Cash at bank and in hand54/58€1.06M€180k▼
Deferred charges and accrued income490/1€26k€5k▼
Equity and liabilities
Total equity and liabilities10/49€6.92M€2.86M▼
Equity10/15€6.83M€2.86M▼
Contributions10/11€2.69M€1.05M▼
Capital10€2.31M€678k▼
Issued capital100€2.31M€678k▼
Outside capital11€375k€375k=
Share premium1100/10€375k€375k=
Reserves13€4.14M€1.75M▼
Non-distributable reserves130/1€231k€231k=
Legal reserve130€231k€231k=
Tax-exempt reserves132€304k€304k=
Distributable reserves133€3.61M€1.21M▼
Profit (loss) carried forward14€800€61k▲
Provisions and deferred taxes16€0-
Deferred taxes168€0-
Amounts payable17/49€96k€3k▼
Amounts payable within one year42/48€93k€2k▼
Trade debts44€9k€204▼
Suppliers440/4€9k€204▼
Taxes, remuneration and social security45€0€1k▲
Taxes450/3€0€1k▲
Other amounts payable47/48€84k€0▼
Accrued charges and deferred income492/3€4k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€124k€109k▼
Other operating charges640/8€60k€62k▲
Gross operating margin9900€409k€226k▼
Operating profit (loss)9901€225k€56k▼
Financial income75/76B€117k€25k▼
Recurring financial income75€117k€25k▼
Financial charges65/66B€2k€754▼
Recurring financial charges65€2k€754▼
Profit (loss) for the period before taxes9903€340k€80k▼
Transfer from deferred taxes780€2k€0▼
Income taxes67/77€86k€20k▼
Profit (loss) for the period9904€255k€60k▼
Transfer from tax-exempt reserves789€3k€0▼
Profit (loss) for the period to be appropriated9905€258k€60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€259k€61k▼
Profit (loss) brought forward from the previous period14P€422€800▲
Transfer from equity791/2-€2.39M
Transfer to equity691/2€258k€0▼
To other reserves6921€258k€0▼
Profit to be distributed694/7-€2.39M
Return on contributions (dividend)694-€2.39M
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity triplescurrent ratio 129.78
Current ratio from 44.92 to 129.78; short-term debt falls from €93k to €2k.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €255k ▲59.6%
Operating result €225k, net result €255k, both a record.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €52k ▼62.9%
Net result drops to €52k, the lowest in the series; recovery starts the following year.
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wetteren · 1 establishment unit since 1969
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kalkensteenweg 219230 WetterenGround area
8,792 m²
Building footprint
105 m²
Volume, LiDAR
145 m³
Parcel 42302C0113/00N000, Flanders · tallest building 11.9 m. Linked by address, not a title deed.
1 establishment unit
PTVL
since 19692.002.897.768
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302C0113/00N000 | Flanders | 8,792 m² | 1 · 105 m² | 11.9 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Inula
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Sobeco
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Of 12,014 companies in sector 68203 we hold annual accounts for 5,981. 3,280 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-10-1969
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:09 369 46 22
Fax:09 365 43 02