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PVB CONSTRUCT

Active
Private limited companyfounded 20241 yr activeFabriekstraat 5, 8850 Ardooie, BelgiumKBO/BCE: BE 1017.213.264
Summary

PVB CONSTRUCT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,140 and a net result of €31,806. Its solvency ranks better than 33% of 1910 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency54
Growth-
Track record67
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.4; short-term debt: 58.9% and cash: 16.7% of total assets), and 71.1% 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
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
28.9%
Return on assets
28.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 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

History

PVB CONSTRUCT was incorporated on 11 December 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€32,140
Total assets
€111,115
Net result
€31,806
Working capital
€26,369

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €111,115
Fixed assets €19,285
Current assets €91,830
Equity and liabilities €111,115
Equity €32,140
Debt €78,975
Debt finances 71.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€51,428
Cash flow
€36,146
Current ratio
1.40
Debt to equity
2.46
ROE
99.0%
ROA
28.6%
Interest coverage
16.80
Debt ≤ 1 year
€65,461
Debt > 1 year
€13,515
Income taxes
€13,309
Staff costs
€140,678
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 46 lines
Balance sheet Code2025
Assets
Total assets20/58€111,115
Fixed assets21/28€19,285
Intangible fixed assets21€2,258
Tangible fixed assets22/27€17,028
Plant, machinery and equipment23€12,997
Furniture and vehicles24€4,030
Current assets29/58€91,830
Amounts receivable within one year40/41€73,261
Trade receivables40€27,494
Other amounts receivable41€45,767
Cash at bank and in hand54/58€18,549
Deferred charges and accrued income490/1€20
Equity and liabilities
Total equity and liabilities10/49€111,115
Equity10/15€32,140
Contributions10/11€2,000
Reserves13€30,140
Distributable reserves133€30,140
Amounts payable17/49€78,975
Amounts payable after more than one year17€13,515
Financial debts170/4€13,515
Amounts payable within one year42/48€65,461
Current portion of amounts payable after more than one year42€6,009
Trade debts44€19,200
Suppliers440/4€19,200
Taxes, remuneration and social security45€38,586
Taxes450/3€19,362
Remuneration and social security454/9€19,223
Other amounts payable47/48€1,666
Income statement Code2025
Remuneration, social security and pensions62€140,678
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,340
Other operating charges640/8€1,708
Gross operating margin9900€193,814
Operating profit (loss)9901€47,088
Financial income75/76B€1,089
Recurring financial income75€1,089
Financial charges65/66B€3,062
Recurring financial charges65€3,062
Profit (loss) for the period before taxes9903€45,115
Income taxes67/77€13,309
Profit (loss) for the period9904€31,806
Profit (loss) for the period to be appropriated9905€31,806
Appropriation of the result
Profit (loss) to be appropriated9906€31,806
Transfer to equity691/2€30,140
To other reserves6921€30,140
Profit to be distributed694/7€1,666
Return on contributions (dividend)694€1,666

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€140,678
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,340
Other operating charges640/8€1,708
Gross operating margin9900€193,814
Operating profit (loss)9901€47,088
Financial income75/76B€1,089
Recurring financial income75€1,089
Financial charges65/66B€3,062
Recurring financial charges65€3,062
Profit (loss) for the period before taxes9903€45,115
Income taxes67/77€13,309
Profit (loss) for the period9904€31,806
Profit (loss) for the period to be appropriated9905€31,806
Line2025
Assets
Total assets20/58€111,115
Fixed assets21/28€19,285
Intangible fixed assets21€2,258
Tangible fixed assets22/27€17,028
Plant, machinery and equipment23€12,997
Furniture and vehicles24€4,030
Current assets29/58€91,830
Amounts receivable within one year40/41€73,261
Trade receivables40€27,494
Other amounts receivable41€45,767
Cash at bank and in hand54/58€18,549
Deferred charges and accrued income490/1€20
Equity and liabilities
Total equity and liabilities10/49€111,115
Equity10/15€32,140
Contributions10/11€2,000
Reserves13€30,140
Distributable reserves133€30,140
Amounts payable17/49€78,975
Amounts payable after more than one year17€13,515
Financial debts170/4€13,515
Amounts payable within one year42/48€65,461
Current portion of amounts payable after more than one year42€6,009
Trade debts44€19,200
Suppliers440/4€19,200
Taxes, remuneration and social security45€38,586
Taxes450/3€19,362
Remuneration and social security454/9€19,223
Other amounts payable47/48€1,666
Line2025
Profit (loss) for the period9904€31,806
+ Depreciation and write-downs630€4,340
Operating cash flow (approximation)€36,146

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

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
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
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, Ardooie · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
385 m²
Building footprint
159 m²
Volume, LiDAR
855 m³
Parcel 36001A1044/00H002, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PVB CONSTRUCT
Fabriekstraat 5, 8850 ArdooieManufacture of metal structures and parts of structures
since 20242.367.278.664
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36001A1044/00H002 Flanders 385 m² 1 · 159 m² 11.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,254 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
Founded11-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
25510Coating of metals
25530Machining of metals
25999Manufacture of fabricated metal products, except machinery and equipment
33120Repair and maintenance of machinery

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