PV TRANS
ActiveThe computed 12-month bankruptcy probability of PV TRANS is 2.4% (moderate). The 2025 annual accounts show equity of €34k and a net result of €10k. Equity is shrinking by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 4564 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+55
Solvency61▲+14
Growth26=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.5 in 2024; short-term debt: 55.5% and cash: 0.1% of total assets), but 64.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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
35.7%
Return on assets
10.7%
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 10-06-2026, 51 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
51 d early
2024
207 d late
2023
240 d late
2022
309 d late
2021
206 d late
2020
34 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€139k▼ 2.7%
2023 · €143k
2022: €158k
2023: €143k
2022 → 2024
EBIT margin
-4.9%▼ 3.7pp
2023 · -1.2%
2022: 13.0%
2023: -1.2%
2022 → 2024
Net result
€10k
2024 · €-16k
2020: €30k
2021: €6k
2022: €18k
2023: €-13k
2024: €-16k
2020 → 2025
Working capital
€33k▲ 6.4%
2024 · €31k
2020: €-10k
2021: €-17k
2022: €18k
2023: €23k
2024: €31k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€158k€143k▼ 9.9%€139k▼ 2.7%
Equity€35k-€53k▲ 52.1%€40k▼ 23.8%€24k▼ 40.2%€34k▲ 42.8%
Operating result€11k-€21k▲ 90.4%€-2k€-7k▼ 283%€13k
Net result€6k-€18k▲ 211%€-13k€-16k▼ 28.5%€10k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€10k▼ 38.1%
Current assets
€86k▼ 7.4%
Equity and liabilities €96k
Equity
€34k▲ 42.8%
Debt
€62k▼ 27.4%
The debt ratio falls from 78.0% to 64.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2024 · €10k
Cash flow
€16k▲
2024 · €464
Solvency
35.7%▲
2024 · 22.0%
Current ratio
1.61▲
2024 · 1.50
Quick ratio
1.61▲
2024 · 1.50
Debt / equity
1.80▼
2024 · 3.54
ROE
30.0%▲
2024 · -67.2%
ROA
10.7%▲
2024 · -14.8%
Interest coverage
8.23▲
2024 · 1.98
Debt
€62k▼
2024 · €85k
Debt ≤ 1 year
€54k▼
2024 · €62k
Debt > 1 year
€8k▼
2024 · €21k
Income taxes
€132▼
2024 · €4k
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€109k€96k▼
Fixed assets21/28€16k€10k▼
Tangible fixed assets22/27€16k€10k▼
Furniture and vehicles24€16k€10k▼
Current assets29/58€93k€86k▼
Amounts receivable within one year40/41€90k€85k▼
Trade receivables40€51k€59k▲
Other amounts receivable41€39k€26k▼
Cash at bank and in hand54/58€2k€80▼
Deferred charges and accrued income490/1€529€1k▲
Equity and liabilities
Total equity and liabilities10/49€109k€96k▼
Equity10/15€24k€34k▲
Contributions10/11€7k€7k=
Capital10€7k€7k=
Issued capital100€19k€19k=
Uncalled capital101€11k€11k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Legal reserve130€1k€1k=
Profit (loss) carried forward14€16k€26k▲
Amounts payable17/49€85k€62k▼
Amounts payable after more than one year17€21k€8k▼
Financial debts170/4€21k€8k▼
Amounts payable within one year42/48€62k€54k▼
Current portion of amounts payable after more than one year42€11k€11k▲
Financial debts43€2k€2k=
Credit institutions430/8€2k€2k=
Trade debts44€37k€34k▼
Suppliers440/4€37k€34k▼
Taxes, remuneration and social security45€11k€7k▼
Taxes450/3€8k€7k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Turnover70€139k-
Goods, raw materials, services and sundry goods60/61€149k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€6k▼
Other operating charges640/8€12k€13k▲
Gross operating margin9900€22k€32k▲
Operating profit (loss)9901€-7k€13k▲
Financial income75/76B€5-
Recurring financial income75€5-
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€-12k€10k▲
Income taxes67/77€4k€132▼
Profit (loss) for the period9904€-16k€10k▲
Profit (loss) for the period to be appropriated9905€-16k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€26k▲
Profit (loss) brought forward from the previous period14P€32k€16k▼
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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
23-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 207 days late
2025
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 240 days late
2024
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 309 days late
2023
22-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 206 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 1.60
Current ratio from 0.70 to 1.60; short-term debt falls from €55k to €31k.
2021
03-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
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, Oostrozebeke · 1 establishment unit since 2019
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.
Leegstraat 1628780 OostrozebekeGround area
435 m²
Building footprint
68 m²
Volume, LiDAR
475 m³
Parcel 37010E1078/00D000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PV TRANS
since 20192.285.888.736
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37010E1078/00D000 | Flanders | 435 m² | 1 · 68 m² | 9.5 m · 2 fl. |
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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Of 12,606 companies in sector 49410 we hold annual accounts for 8,196. 5,664 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-02-2019
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.