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PVA Energy

Open bankruptcy
Private limited company (pre-2019)founded 2008André Hermanslaan 12/1, 2100 Antwerpen, BelgiumKBO/BCE: BE 0897.715.895

A bankruptcy procedure is open for PVA Energy according to publications in the Belgian State Gazette; curator: LIESBET JACOBS.

Summary

The 2021 annual accounts show equity of €64k and a net result of €5k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 09-05-2022, 9 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
9 d late
2020
on the day
2019
14 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2021, micro schema

Equity
€64k▲ 8.7%
2020 · €59k
2018: €48k 2019: €54k 2020: €59k
2018 → 2021
Total assets
€132k▼ 17.8%
2020 · €161k
2018: €129k 2019: €150k 2020: €161k
2018 → 2021
Net result
€5k▼ 1.9%
2020 · €5k
2018: €-45k 2019: €6k 2020: €5k
2018 → 2021
Working capital
€60k▲ 3.6%
2020 · €58k
2018: €46k 2019: €53k 2020: €58k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€48k-€54k▲ 13.5%€59k▲ 9.8%€64k▲ 8.7%
Operating result€-44k-€7k€6k▼ 17.7%€6k▲ 1.4%
Net result€-45k-€6k€5k▼ 18.1%€5k▼ 1.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2018: €-44k€-44kNet result 2018: €-45k€-45kOperating result 2019: €7k€7kNet result 2019: €6k€6kOperating result 2020: €6k€6kNet result 2020: €5k€5kOperating result 2021: €6k€6kNet result 2021: €5k€5k2018201920202021€0€2k€4k€6kOperating result 2019: €7k€6.8kNet result 2019: €6k€6.4kOperating result 2020: €6k€5.6kNet result 2020: €5k€5.3kOperating result 2021: €6k€5.7kNet result 2021: €5k€5.2k201920202021
The operating result recovers in 2021; 2021 is 1% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €132k
Fixed assets €4k ▲ 228%
Current assets €128k ▼ 19.9%
Equity and liabilities €132k
Equity €64k ▲ 8.7%
Debt €68k ▼ 33.3%
Debt's share of the balance-sheet total falls from 63.2% to 51.3%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
EBITDA
€6k
2020 · €6k
Cash flow
€5k
2020 · €5k
Current ratio
1.88
2020 · 1.57
Quick ratio
0.99
2020 · 1.06
Debt to equity
1.06
ROE
8.0%
2020 · 8.9%
ROA
3.9%
2020 · 3.3%
Interest coverage
9.44
Debt ≤ 1 year
€68k
2020 · €102k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 42 lines
Balance sheet Code20202021
Assets
Total assets20/58€161k€132k
Fixed assets21/28€1k€4k
Tangible fixed assets22/27-€3k
Furniture and vehicles24-€3k
Financial fixed assets28€1k€1k=
Current assets29/58€160k€128k
Stocks and contracts in progress3€52k€60k
Stocks30/36-€60k
Contracts in progress37-€0
Amounts receivable within one year40/41€65k€21k
Trade receivables40-€20k
Other amounts receivable41-€901
Cash at bank and in hand54/58€19k€45k
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€161k€132k
Equity10/15€59k€64k
Contributions10/11-€60k
Reserves13€6k€6k=
Non-distributable reserves130/1-€6k
Reserves not available under the articles1311-€6k
Profit (loss) carried forward14€-7k€-2k
Amounts payable17/49€102k€68k
Amounts payable within one year42/48€102k€68k
Current portion of amounts payable after more than one year42-€60k
Trade debts44€7k€4k
Suppliers440/4-€4k
Taxes, remuneration and social security45-€346
Taxes450/3-€346
Other amounts payable47/48-€4k
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€245
Other operating charges640/8-€950
Gross operating margin9900€9k€7k
Operating profit (loss)9901€6k€6k
Financial income75/76B-€112
Recurring financial income75€173€112
Financial charges65/66B-€628
Recurring financial charges65€511€628
Profit (loss) for the period before taxes9903€5k€5k
Profit (loss) for the period9904€5k€5k
Profit (loss) for the period to be appropriated9905€5k€5k
Appropriation of the result
Profit (loss) to be appropriated9906-€-2k
Profit (loss) brought forward from the previous period14P-€-7k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
19-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · PVA ENERGY BVBA IN VEREF- FENING ANDRé HERMANSLAAN 12/1, 2100 DEURNE (ANTWER- PEN) · event 13-05-2025
2022
09-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
14-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
30-09
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
30-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
03-04
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
05-05
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 5 days late
2013
17-04
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are 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, Antwerpen · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

André Hermanslaan 12/12100 Antwerpen
Ground area
240 m²
Building footprint
109 m²
Volume, LiDAR
785 m³
Parcel 11342A0240/00T007, Flanders · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PVA ENERGY
André Hermanslaan 12/1, 2100 AntwerpenEngineering and related technical consultancy, excluding land surveyors
since 20082.170.637.591
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11342A0240/00T007 Flanders 240 m² 1 · 109 m² 8.7 m · 3 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LIESBET JACOBS
POPULIERENLAAN 43, 2630 AARTSE- LAAR
13-05-2025present

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 327 EUR awarded · 327 EUR paid
Year Entries awardedpaid
2023 1 273 EUR273 EUR
2022 1 54 EUR54 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 327 EUR · 327 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,737 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded05-05-2008
Fiscal year end30-09
Activities, NACEBEL 2025
43211General electrical installation work
27110Manufacture of electrical equipment
28210Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

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