PVA
ActiveSummary
PVA has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €128,464 and a net result of €63,615. Equity is growing by ~69% per year across the filed fiscal years. Its solvency ranks better than 42% of 1117 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability91▲+11
Solvency61▲+16
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 18.56 against 2.87 in 2023; short-term debt: 2% and cash: 28.4% of total assets), but 64.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€63,615▲ 121%
2023 · €28,727
Working capital
€125,990▲ 110%
2023 · €60,136
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result-€6,408-€22,632€57,579▲ 154%
Net result€54,281within the sector's middle half-€28,727within the sector's middle half▼ 47.1%€63,615within the sector's middle half▲ 121%
Equity€37,781below the sector's middle half-€65,708below the sector's middle half▲ 73.9%€128,464within the sector's middle half▲ 95.5%
Total assets€308,175within the sector's middle half-€330,526within the sector's middle half▲ 7.3%€361,070within the sector's middle half▲ 9.2%
Debt€270,394-€264,818▼ 2.1%€232,606▼ 12.2%
Working capital€32,463-€60,136▲ 85.2%€125,990▲ 110%
Solvency12.3%below the sector's middle half-19.9%within the sector's middle half▲ 7.6pp35.6%within the sector's middle half▲ 15.7pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 154% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €361,070
Fixed assets
€227,903 ▼ 4.3%
Current assets
€133,166 ▲ 44.2%
Equity and liabilities €361,070
Equity
€128,464 ▲ 95.5%
Debt
€232,606 ▼ 12.2%
Debt's share of the balance-sheet total falls from 80.1% to 64.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58,501▲
2023 · €27,573
Cash flow
€64,538▲
2023 · €33,668
Current ratio
18.56▲
2023 · 2.87
Debt to equity
1.81▼
2023 · 4.03
ROE
49.5%▲
2023 · 43.7%
ROA
17.6%▲
2023 · 8.7%
Interest coverage
38.58▼
2023 · 83.31
Debt ≤ 1 year
€7,177▼
2023 · €32,236
Debt > 1 year
€225,429▼
2023 · €232,582
Income taxes
€15,261▲
2023 · €10,611
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,982 | €4,941 | €923 | ▼ 81.3% |
| Other operating charges640/8 | €1,383 | €499 | €874 | ▲ 75.4% |
| Gross operating margin9900 | €3,956 | €28,071 | €59,376 | ▲ 112% |
| Operating profit (loss)9901 | -€6,408 | €22,632 | €57,579 | ▲ 154% |
| Financial income75/76B | €66,667 | €17,037 | €22,814 | ▲ 33.9% |
| Recurring financial income75 | €66,667 | €17,037 | €22,814 | ▲ 33.9% |
| Financial charges65/66B | €484 | €331 | €1,517 | ▲ 358% |
| Recurring financial charges65 | €484 | €331 | €1,517 | ▲ 358% |
| Profit (loss) for the period before taxes9903 | €59,774 | €39,338 | €78,876 | ▲ 101% |
| Income taxes67/77 | €5,493 | €10,611 | €15,261 | ▲ 43.8% |
| Profit (loss) for the period9904 | €54,281 | €28,727 | €63,615 | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | €54,281 | €28,727 | €63,615 | ▲ 121% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €308,175 | €330,526 | €361,070 | ▲ 9.2% |
| Fixed assets21/28 | €242,328 | €238,153 | €227,903 | ▼ 4.3% |
| Tangible fixed assets22/27 | €16,899 | €12,724 | €2,474 | ▼ 80.6% |
| Furniture and vehicles24 | €16,899 | €12,724 | €2,474 | ▼ 80.6% |
| Financial fixed assets28 | €225,429 | €225,429 | €225,429 | = |
| Current assets29/58 | €65,847 | €92,372 | €133,166 | ▲ 44.2% |
| Amounts receivable within one year40/41 | €1,257 | - | €20,387 | - |
| Trade receivables40 | - | - | €274 | - |
| Other amounts receivable41 | €1,257 | - | €20,113 | - |
| Cash at bank and in hand54/58 | €62,215 | €80,811 | €102,640 | ▲ 27.0% |
| Deferred charges and accrued income490/1 | €2,375 | €11,562 | €10,140 | ▼ 12.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €308,175 | €330,526 | €361,070 | ▲ 9.2% |
| Equity10/15 | €37,781 | €65,708 | €128,464 | ▲ 95.5% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €36,781 | €64,708 | €127,464 | ▲ 97.0% |
| Distributable reserves133 | €36,781 | €64,708 | €127,464 | ▲ 97.0% |
| Amounts payable17/49 | €270,394 | €264,818 | €232,606 | ▼ 12.2% |
| Amounts payable after more than one year17 | €237,010 | €232,582 | €225,429 | ▼ 3.1% |
| Financial debts170/4 | €11,581 | €7,153 | - | - |
| Other amounts payable178/9 | €225,429 | €225,429 | €225,429 | = |
| Amounts payable within one year42/48 | €33,384 | €32,236 | €7,177 | ▼ 77.7% |
| Current portion of amounts payable after more than one year42 | €4,359 | €4,428 | - | - |
| Trade debts44 | €974 | €10,544 | €1,322 | ▼ 87.5% |
| Suppliers440/4 | €974 | €10,544 | €1,322 | ▼ 87.5% |
| Taxes, remuneration and social security45 | €7,764 | €14,704 | €4,996 | ▼ 66.0% |
| Taxes450/3 | €7,764 | €14,704 | €4,996 | ▼ 66.0% |
| Other amounts payable47/48 | €20,287 | €2,561 | €859 | ▼ 66.5% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,281 | €28,727 | €63,615 | ▲ 121% |
| + Depreciation and write-downs630 | €8,982 | €4,941 | €923 | ▼ 81.3% |
| Operating cash flow (approximation) | €63,263 | €33,668 | €64,538 | ▲ 91.7% |
| Investment in fixed assets (approximation) | - | -€767 | €9,327 | ▲ 1,317% |
| Change in cash | - | €18,596 | €21,830 | ▲ 17.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Highest result since 2022net €63,615 ▲121%
Operating result €57,579, net result €63,615, both a record.
31-12
Financial
Liquidity times 6current ratio 18.56
Current ratio from 2.87 to 18.56; short-term debt falls from €32,236 to €7,177.
31-12
Financial
Equity above €100,000Eq €128,464 ▲95.5%
3 profitable years in a row build equity to €128,464.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €28,727 ▼47.1%
Net result drops to €28,727, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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, Durbuy · 1 establishment unit since 2021
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.
Ch. de la Vieille Chapelle(Ben.) 46941 Durbuy1 establishment unit
PVA
since 20212.320.500.712
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
26.67%
According to the 2024 annual accounts of PVA and those 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.
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Of 18,250 companies in sector 71111 we hold annual accounts for 6,321. 5,412 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
Contact
E-mail
p.verbaert@lavaux.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0770525636
Also
9925:BE0770525636
Registered
18-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.