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PV SunGreen

Active
Private limited companyfounded 20233 yrs activeLouis Marcelisstraat 23A, 1970 Wezembeek-Oppem, BelgiumKBO/BCE: BE 0800.964.335
Summary

The computed 12-month bankruptcy probability of PV SunGreen is 5.9% (elevated). The 2024 annual accounts show negative equity (-€4,582) and a net result of -€45,453. Its solvency ranks better than 6% of 36370 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency0▼-79
Growth32
Track record94
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 2.15 in 2023; short-term debt: 122.3% and cash: 31.4% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-26.8%
Return on assets
-266.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€4,582
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 April 2023, PV SunGreen was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€4,582
2023 · €40,871
Total assets
€17,080▼ 77.6%
2023 · €76,336
Net result
-€45,453
2023 · €35,871
Working capital
-€3,816
2023 · €40,871
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€47,852--€45,380
Net result€35,871above the sector's middle half--€45,453below the sector's middle half
Equity€40,871within the sector's middle half--€4,582below the sector's middle half
Total assets€76,336within the sector's middle half-€17,080below the sector's middle half▼ 77.6%
Debt€35,465-€21,662▼ 38.9%
Working capital€40,871within the sector's middle half--€3,816below the sector's middle half
Solvency53.5%within the sector's middle half--26.8%below the sector's middle half▼ 80.4pp
Current ratio2.15within the sector's middle half-0.82below the sector's middle half▼ 1.34
Return on assets (ROA)47.0%above the sector's middle half--266.1%below the sector's middle half▼ 313.1pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000-€25,000€0€25,000€50,000Operating result 2023: €47,852€47,852Net result 2023: €35,871€35,871Operating result 2024: -€45,380-€45,380Net result 2024: -€45,453-€45,45320232024-€50,000-€25,000€0€25,000€50,000Operating result 2023: €47,852€47,900Net result 2023: €35,871€35,900Operating result 2024: -€45,380-€45,400Net result 2024: -€45,453-€45,50020232024
The operating result turns negative in 2024: a loss of €45,380 after €47,852 in 2023.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€20,896▼
2023 · €35,465
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€76,336€17,080▼
Current assets29/58€76,336€17,080▼
Amounts receivable within one year40/41€51,582€11,717▼
Trade receivables40€51,582€11,578▼
Other amounts receivable41-€139
Cash at bank and in hand54/58€24,754€5,364▼
Equity and liabilities
Total equity and liabilities10/49€76,336€17,080▼
Equity10/15€40,871-€4,582▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€35,871-€9,582▼
Amounts payable17/49€35,465€21,662▼
Amounts payable within one year42/48€35,465€20,896▼
Trade debts44€20,384€8,839▼
Suppliers440/4€20,384€8,839▼
Taxes, remuneration and social security45€14,617€12,058▼
Taxes450/3€14,617€12,058▼
Other amounts payable47/48€464-
Accrued charges and deferred income492/3-€766
Income statement Code20232024
Other operating charges640/8€384-
Gross operating margin9900€48,237-€45,380▼
Operating profit (loss)9901€47,852-€45,380▼
Financial charges65/66B€24€73▲
Recurring financial charges65€24€73▲
Profit (loss) for the period before taxes9903€47,828-€45,453▼
Income taxes67/77€11,957-
Profit (loss) for the period9904€35,871-€45,453▼
Profit (loss) for the period to be appropriated9905€35,871-€45,453▼
Appropriation of the result
Profit (loss) to be appropriated9906€35,871-€9,582▼
Profit (loss) brought forward from the previous period14P-€35,871

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8€384--
Gross operating margin9900€48,237-€45,380▼ 194%
Operating profit (loss)9901€47,852-€45,380▼ 195%
Financial charges65/66B€24€73▲ 200%
Recurring financial charges65€24€73▲ 200%
Profit (loss) for the period before taxes9903€47,828-€45,453▼ 195%
Income taxes67/77€11,957--
Profit (loss) for the period9904€35,871-€45,453▼ 227%
Profit (loss) for the period to be appropriated9905€35,871-€45,453▼ 227%
Line20232024Change
Assets
Total assets20/58€76,336€17,080▼ 77.6%
Current assets29/58€76,336€17,080▼ 77.6%
Amounts receivable within one year40/41€51,582€11,717▼ 77.3%
Trade receivables40€51,582€11,578▼ 77.6%
Other amounts receivable41-€139-
Cash at bank and in hand54/58€24,754€5,364▼ 78.3%
Equity and liabilities
Total equity and liabilities10/49€76,336€17,080▼ 77.6%
Equity10/15€40,871-€4,582▼ 111%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€35,871-€9,582▼ 127%
Amounts payable17/49€35,465€21,662▼ 38.9%
Amounts payable within one year42/48€35,465€20,896▼ 41.1%
Trade debts44€20,384€8,839▼ 56.6%
Suppliers440/4€20,384€8,839▼ 56.6%
Taxes, remuneration and social security45€14,617€12,058▼ 17.5%
Taxes450/3€14,617€12,058▼ 17.5%
Other amounts payable47/48€464--
Accrued charges and deferred income492/3-€766-
Line20232024Change
Profit (loss) for the period9904€35,871-€45,453▼ 227%
Operating cash flow (approximation)€35,871-€45,453▼ 227%
Change in cash--€19,391-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
22-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wezembeek-Oppem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
3,688 m²
Building footprint
1,282 m²
Volume, LiDAR
8,279 m³
2 parcels, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
PV SunGreen
Kleine Bergstraat 29, 1950 KraainemGeneral construction of buildings
since 20232.344.986.579
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22006B0026/00N000 Flanders 3,439 m² 1 · 1,182 m² 10.6 m · 3 fl.
22002A0015/00E003 Flanders 250 m² 1 · 100 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,123 companies in this sector we hold annual accounts for 421. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded20-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
41001General construction of residential buildings
41003General construction of other non-residential buildings
43240Other construction installation
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800964335
Also 9925:BE0800964335
Registered 19-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.