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PV Management

Active Private limited companyfounded 2022active for 4 yearsAntwerpsesteenweg 51, 2350 VosselaarKBO/BCE: BE 0780.990.649

Overview

Lifetime

4 annual accounts with figures on one time axis
peak €209,112 (2025)
€209,112▲ 27.6%
peak €35,118 (2025)
€35,118▲ 23×
peak €31,236 (2025)
€31,236▲ 94.3%
€123,933▲ 123%
Board1 name since 2022
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Gross margin from €163,849 to €209,112Result from €1,521 to €35,118Registered office moved from Wijnegem to Vosselaar 11-04Dividend €19,960Equity from €16,078 to €31,236Debts from €55,460 to €123,933

Key points

from the 2025 annual accounts

Equity

€31,236 ▲ 94.3%
16,0782024+35,118Profit-19,960Dividend31,2362025

PV Management paid out €19,960 in dividends. That is 57% of the 2025 profit.

Turnover

≈ €310,000 estimated

The micro format states no turnover.

Debts

€123,933 ▲ 123%
Taxes and wages
+25,700
Suppliers
+10,749
The rest
+32,024

Debts rose by €68,473 in 2025.

Filings

4 annual accounts 4 late
AprilJune31 JulyOctober2022202320242025

The 2022 accounts came latest: 31 days after the end of the period.

Position in the sector

€209,112

Higher gross margin than 91% of companies in office administrative support. Sector median €39,351 · 9,680 companies.

Checked score

68
Healthy
Financially stronger than 49% of micro companies in office administrative support (NACE 82)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.3 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.5 percentage points vs 07-2025 09-2025: 1.5%▲ +0.4 percentage points vs 08-2025highest value 10-2025: 0.5%▼ -1.0 percentage point vs 09-2025 11-2025: 0.4%▼ -0.1 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026

Financial strength
Average

45-2equity 20.1% of total assets
19-39short-term debt 79.5% · cash 10.3%
97+38return on assets 22.6%

Score breakdown

raises risk
1 change of registered office in 24 months
Founded in 2022
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Figures for financial year 2025 (filed on 19-08-2026)
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 82, micro). It does better than 28% of them on solvency, 11% on liquidity, 71% on profitability and 88% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 7,976 companies had the same profile as PV Management has now. Each dot stands for 20 companies, two years later.

94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of PV Management itself: 0.8% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,976 companies, not a prediction for PV Management. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €2,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.23 (1.23 in 2024), below the usual 1.5. Short-term debt is 79.5% and cash 10.3% of total assets. 79.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 19-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
17 days late
2024
29 days late
2023
30 days late
2022
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 27 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 30 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

PV
Director
  • PAVLOVS Vladimirs 100 sharesdeed of 31-01-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0780990649
Registered office moved from Wijnegem to Vosselaar New registered office: Antwerpsesteenweg 51 bus 1, 2350 Vosselaar · Previous registered office: Marktplein 22 bus 1, 2110 Wijnegem · General meeting of 21-02-2025 · Gazette deed
Incorporation Founding capital of €2,000, 100 shares · Founder: PAVLOVS Vladimirs · Appointment: PAVLOVS Vladimirs (director) · published on 31-01-2022 · Gazette deed
First establishment Antwerpsesteenweg 51, Vosselaar
All 10 events

Comparable companies

same main activity, similar in size and age
Company
PV Management Vosselaar €155,169 €209,112 20.1% -
Danda-Solutions Mortsel €150,360 €185,185 2.0% -
SOLE DI NOTTE Stekene €142,218 €214,206 3.5% 0
N&S CONSULTING Grimbergen €156,716 €229,769 1.3% -
LIMZA Kraainem €189,010 €196,609 3.9% -
BASMATI Lievegem €185,211 €183,401 61.3% -
PNAC Brussels €162,276 €219,153 0.6% -

These companies have the same main activity as PV Management: other business support services (NACE 82990). They are comparable in size and age: total assets between €142,000 and €189,000, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 27-01-2022Normal situation
Registered office
10 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
Activity
Other business support servicesNACE 82990
Establishment unit
2.327.574.4852350 Vosselaar, since 27-01-2022
Financial year end
31 December
Peppol
Reachable since 24-06-2025
Company details

Annual accounts 2025

€209,112▲ 27.6%
€35,118▲ 23×
€31,236▲ 94.3%
€155,169▲ 117%
Employeeson 31-12-2025
2=
Filing
Filed on 17-08-2026
Financials

Insights on PV Management

PV Management files the micro format. That format states no turnover. The gross margin rose from €63,968 in 2022 to €209,112 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 17-08-2026, 17 days late
€209,112
▲ 27.6%
€43,239
▲ 18×
€35,118
▲ 23×
€28,898
▲ 127%
20.1%
▼ 2.3 percentage points
1.23
▲ 0.00

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €310,000. Estimated: probably between €250,000 and €440,000.

Balance sheet

balance sheet total €155,169 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

20.1%

Higher than 27% of 9,691 companies in 2025.

1.23

Higher than 35% of 9,309 companies in 2025.

22.6%

Higher than 66% of 9,433 companies in 2025.

PV Management Middle half of the sector 80% of the sector Micro accounts in office administrative support (NACE 82)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

€82,097

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022
Balance sheet: assets
20/58 155,16971,53857,59436,547
21/28 2,8903,853--
22/27 2,8903,853--
23 2,8903,853--
29/58 152,27967,68557,59436,547
40/41 134,01728,84533,46611,335
40 101,6315,14618,24110,930
41 32,38623,69915,225406
54/58 16,04037,69822,25324,122
490/1 2,2221,1421,8741,090
Balance sheet: equity and liabilities
10/49 155,16971,53857,59436,547
10/15 31,23616,07814,55710,793
10/11 2,0002,0002,0002,000
13 29,23614,07812,5578,793
133 29,23614,07812,5578,793
17/49 123,93355,46043,03725,754
42/48 123,38154,93243,03725,754
42 --2,392-
44 15,5304,78113,0313,586
440/4 15,5304,78113,0313,586
45 75,85150,15127,61422,168
450/3 33,29416,66111,8429,122
454/9 42,55733,49015,77213,045
47/48 32,000---
492/3 552528--
Income statement
9900 209,112163,849139,28463,968
62 164,193159,731129,25148,439
630 963963--
640/8 7176956581,306
9901 43,2392,4599,37514,222
75/76B 897981326-
75 897981326-
65/66B 9917511,324429
65 9917511,324429
9903 43,1452,6908,37713,793
67/77 8,0271,1694,6145,000
9904 35,1181,5213,7638,793
9905 35,1181,5213,7638,793
Appropriation of the result
9906 35,1181,5213,7638,793
691/2 15,1581,5213,7638,793
6921 15,1581,5213,7638,793
694/7 19,960---
694 19,960---
Social balance sheet
9087 22.21.60.6
Hours worked1013 3,4053,6972,7551,117
Document PDFPDFPDFPDF

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 17 days after the deadline. Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00405442.

Financial year Type Filed Reference Document
31-12-2025 micro format 17-08-2026 2026-00405442 PDF
31-12-2024 micro format 29-08-2025 2025-00461765 PDF
31-12-2023 micro format 30-08-2024 2024-00425163 PDF
31-12-2022 micro format 31-08-2023 2023-00412014 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022
44,2033,423--
36,0812,485--
04,817--
-21,65815,444-1,868-
28,89812,75314,55710,793
20.1%22.5%25.3%29.5%
1.231.231.341.42
3.973.452.962.39
112.4%9.5%25.9%81.5%
22.6%2.1%6.5%24.1%
44.634.56--

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-2022
Employees at the balance-sheet date2221
full-time2221
in full-time equivalents2221
22.21.60.6
On a permanent contract2221
Joined--1-
Left--0-

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item2025202420232022
Tangible fixed assets-€4,817--
€963€963--

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on PV Management

The operating result for 2025 is nearly 18 times that of 2024 and the highest since 2022. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 77.5% to 79.9%. Equity and debt are higher.

Board & ownership

Board

1 director, since incorporation
Director
appointed by deed of 31-01-2022
listed in the 2025 annual accounts, filed on 17-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 31-01-2022

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Board
Mandates as a list
  • PAVLOVS Vladimirs
    • Director, appointed by deed of 31-01-2022, still in office

See the board, name and registered office on a given date →

Control

This company
PV Management
Equity €31,236
Profit €35,118 in 2025

Capital

Contribution
€2,000
Shares
100
Contribution per share
€20
Equity per share
€312 in 2025
Source
deed of 31-01-2022

Articles of association

deed of 31-01-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Salaris, algemene vergadering beslist of mandaat bestuurder(s)al dan niet bezoldigd is”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 19:00

Shareholders

At incorporation deed of 31-01-2022 ↗

Network & group

No group

PV Management has no parent and no holdings in its annual accounts. PAVLOVS Vladimirs is the only director. PV Management shares no director with another company.

At the same address

Antwerpsesteenweg 51, 2350 Vosselaar · 9 other companies
Bungalow.Net Holidays Services
registered office since 04-01-2022 · founded in 2022 · accounts filed late
3.7 FTE (2024)
0779.678.476
Meesters Accountants
establishment since 30-01-2021 · founded in 1992
27 FTE (2025)
0447.620.257
Sas Consultancy
registered office since 03-11-2020 · founded in 2020
total assets €246,314 (2025)
0757.761.525
Remau
registered office since 02-09-2022 · founded in 2022
total assets €170,996 (2025)
0790.410.933
MAGS
registered office since 09-06-2023 · founded in 2023
total assets €41,584 (2025)
0802.581.463
Foxtown Beer Crew
registered office since 26-09-2019
founded in 2019
0734.925.844
INEZ
registered office since 19-01-2018
founded in 2018
0688.698.911
Belgian Beer Support
registered office since 10-03-2014
founded in 2014
0547.808.290
VERENIGING VAN MEDE-EIGENAARS GEBOUW TE VOSSELAAR ANTWERPSESTEENWEG 51
registered office since 20-06-2006
founded in 2006
0882.085.435

Timeline

Timeline

10 events since 2022

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 17 days late
2025
Highest result from 2022 to 2025 net €35,118 ▲2,208% The operating result of €43,239 and the net result of €35,118 are both a record.
Annual accounts 2024 filed PDFmicro format · 29 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0780990649
Registered office moved from Wijnegem to VosselaarNew registered office: Antwerpsesteenweg 51 bus 1, 2350 Vosselaar · Previous registered office: Marktplein 22 bus 1, 2110 Wijnegem · General meeting of 21-02-20253 points ▸
  • General meeting, 21-02-2025
  • Registered-office move, Antwerpsesteenweg 51 bus 1, 2350 Vosselaar
  • Power of attorney, BV Meesters Accountants

Open the deed in the Belgian Official Gazette

2024
Weakest financial year net €1,521 ▼59.6% The net result drops to €1,521, the lowest from 2022 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 30 days late
2023
Annual accounts 2022 filed PDFmicro format · 31 days late
2022
IncorporationFounding capital of €2,000, 100 shares · Founder: PAVLOVS Vladimirs · Appointment: PAVLOVS Vladimirs (director) · published on 31-01-20225 points ▸

Open the deed in the Belgian Official Gazette

First establishment Antwerpsesteenweg 51, Vosselaar

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 27 January 2022, PV Management was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 In 2025 the registered office moved to Vosselaar.3 PAVLOVS Vladimirs is director of the company, appointed by deed of 31-01-2022.2 Total assets went from €36,547 in 2022 to €155,169 in 2025 and headcount from 0.6 to 2 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 31-01-2022
  3. 3Belgian Official Gazette, 11-04-2025
  4. 4National Bank, annual accounts 2022 and 2025

Company details

Identity

Enterprise number
0780.990.649
VAT number
BE 0780.990.649
Peppol ID
0208:0780990649
Other Peppol ID
9925:BE0780990649
Legal form
Private limited company
Status
Active, normal situation
Founded
27-01-2022
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 19:00
deed of 31-01-2022 (in Dutch)
Peppol
Reachable since 24-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
PV Management in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 31-01-2022 (in Dutch)
Name clauseThe company operates under this name according to its articles.
PV Management
deed of 31-01-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 31-01-2022 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Codes under NACEBEL 2008
VAT activities
82990 Other business support services main activity
Social security (RSZ) activities
82990 Other business support services main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Verlenen van advies en praktische hulp aan de bedrijven i.v.m. public relations en communicatie; Ontwerpen en voeren van reclame- en…”
21 activities
  1. Verlenen van advies en praktische hulp aan de bedrijven i.v.m. public relations en communicatie
  2. Ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media
  3. Overige zakelijke dienstverlening,n.e.g.
  4. Concipiëren van reclametechnieken die ernaar streven de individuele consument te benaderen(direct marketing)door middel van geadresseerde reclame(direct mailing),telefonische koopvoorstellen,enz.
  5. Diverse administratieve activiteiten ten behoeve van kantoren
  6. Fotokopiëren,documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren
  7. Overige zakelijke dienstverlening,n.e.g.
  8. Overige adviesbureaus op het gebied van bedrijfsbeheer;adviesbureaus op het gebied van bedrijfsvoering
  9. Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enz.
  10. Detailhandel in allerlei producten via het internet(e-commerce)
  11. Berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie,efficiëntie,enz.
  12. Managementactiviteiten van holdings:tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal,enz.
  13. Activiteiten van hoofdkantoren
  14. Handelsbemiddeling gespecialiseerd in andere goederen
  15. Bemiddeling bij de aankoop,verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
  16. Beheer van residentieel onroerend goed voor een vast bedrag of op contractbasis
  17. Innen van de huur(residentiële gebouwen)
  18. Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis
  19. Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed,exclusief sociale woningen
  20. Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed,exclusief terreinen
  21. Overige vormen van onderwijs
deed of 31-01-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Antwerpsesteenweg 51 registered office 2350 Vosselaar 27-01-2022 2.327.574.485
1 former office
  • Marktplein 22 bus 1, 2110 Wijnegem until 21-02-2025 · deed of 11-04-2025

Buildings and parcels at the address

Ground area
1,599 m²
Buildings
483 m²
Volume, LiDAR
4,567 m³
Tallest building
11.8 m
Buildings to scale, each on its own parcel
483 m², 11.8 m 483 m², 11.8 m

Location

registered office establishment The establishment unit on the map
10 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
13046B0130/00M0001,599 m² 1 · 483 m² 11.8 m · 3