pv-consulting.com
Activepv-consulting.com has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €55k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 87% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +40 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100=
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 7.95 against 8.72 in 2024), and 12.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
87.4%
Return on assets
34.8%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
31 d early
2023
on the day
2022
4 d early
2021
44 d early
2020
87 d late
2019
1 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€137k▲ 66.2%
2024 · €83k
2018: €90k
2019: €63k
2020: €21k
2021: €40k
2022: €96k
2023: €86k
2024: €83k
2018 → 2025
Total assets
€157k▲ 68.4%
2024 · €93k
2018: €99k
2019: €69k
2020: €24k
2021: €50k
2022: €102k
2023: €88k
2024: €93k
2018 → 2025
Net result
€55k
2024 · €-4k
2018: €5k
2019: €-26k
2020: €-42k
2021: €19k
2022: €56k
2023: €-10k
2024: €-4k
2018 → 2025
Working capital
€137k▲ 67.3%
2024 · €82k
2018: €87k
2019: €62k
2020: €21k
2021: €38k
2022: €93k
2023: €84k
2024: €82k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€96k▲ 141%€86k▼ 10.3%€83k▼ 4.5%€137k▲ 66.2%
Operating result€19k-€57k▲ 195%€-9k€-4k▲ 62.7%€62k
Net result€19k-€56k▲ 201%€-10k€-4k▲ 60.6%€55k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €62k after a loss of €4k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157k
Fixed assets
€16▼ 97.3%
Current assets
€157k▲ 69.5%
Equity and liabilities €157k
Equity
€137k▲ 66.2%
Debt
€20k▲ 85.9%
The debt ratio rises from 11.4% to 12.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€63k▲
2024 · €-2k
Cash flow
€55k▲
2024 · €-2k
Solvency
87.4%▼
2024 · 88.6%
Current ratio
7.95▼
2024 · 8.72
Quick ratio
6.27▼
2024 · 6.84
Debt / equity
0.14▲
2024 · 0.13
ROE
39.8%▲
2024 · -4.7%
ROA
34.8%▲
2024 · -4.2%
Interest coverage
250.78▲
2024 · -30.46
Debt
€20k▲
2024 · €11k
Debt ≤ 1 year
€20k▲
2024 · €11k
Income taxes
€8k▲
2024 · €412
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€93k€157k▲
Fixed assets21/28€581€16▼
Tangible fixed assets22/27€581€16▼
Plant, machinery and equipment23€581€16▼
Current assets29/58€93k€157k▲
Stocks and contracts in progress3€20k€33k▲
Stocks30/36€20k€33k▲
Amounts receivable within one year40/41€18k€21k▲
Trade receivables40€18k€21k▲
Other amounts receivable41€160€128▼
Cash at bank and in hand54/58€55k€103k▲
Equity and liabilities
Total equity and liabilities10/49€93k€157k▲
Equity10/15€83k€137k▲
Contributions10/11€30k€30k=
Reserves13€95k€107k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€92k€104k▲
Profit (loss) carried forward14€-43k€0▲
Amounts payable17/49€11k€20k▲
Amounts payable within one year42/48€11k€20k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€9k€15k▲
Taxes450/3€9k€15k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€565▼
Other operating charges640/8€412€2k▲
Gross operating margin9900€-2k€65k▲
Operating profit (loss)9901€-4k€62k▲
Financial income75/76B€104€193▲
Recurring financial income75€104€193▲
Financial charges65/66B€67€251▲
Recurring financial charges65€67€251▲
Profit (loss) for the period before taxes9903€-4k€62k▲
Income taxes67/77€412€8k▲
Profit (loss) for the period9904€-4k€55k▲
Profit (loss) for the period to be appropriated9905€-4k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€12k▲
Profit (loss) brought forward from the previous period14P€-39k€-43k▼
Transfer to equity691/2-€12k
To other reserves6921-€12k
The notes to these accounts (5 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €55k
Net result €55k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €137k ▲66.2%
Equity rises from €83k to €137k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 55.69
Current ratio from 16.64 to 55.69; short-term debt falls from €6k to €2k.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €56k ▲201%
Net result €56k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 16.64
Current ratio from 4.80 to 16.64; short-term debt falls from €10k to €6k.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €19k
Net result €19k after 2 loss-making years.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2012
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.
Maria van Bourgondiëlaan 188000 BruggeGround area
647 m²
Building footprint
119 m²
Parcel 31808M0513/06V002, Flanders. Linked by address, not a title deed.
1 establishment unit
MvB18
since 20122.206.563.324
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808M0513/06V002 | Flanders | 647 m² | 1 · 119 m² | - |
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.
Similar companies · same sector, comparable size
KS42
BE 0649.576.930
Aartselaar · Eq €137k
SOWATECHNICS
BE 0454.418.373
Durbuy · Eq €138k
ELLA PRODUCTS
BE 0715.555.736
Rixensart · Eq €137k
MARIN'S
BE 0466.122.414
Verviers · Eq €138k
Filie
BE 1008.662.913
Lommel · Eq €137k
Of 6,128 companies in sector 46190 we hold annual accounts for 2,553. 1,935 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-02-2012
Fiscal year end31-12
Trade name NL
MvB18
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
64200Holdings
64210Activities of holding companies
66300Activities auxiliary to financial services and insurance activities
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.