PVD DESIGN
ActiveThe computed 12-month bankruptcy probability of PVD DESIGN is 2.0% (moderate). The 2025 annual accounts show equity of €33k and a net result of €2k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 64% of 7760 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
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-9
Solvency81=
Growth49=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 1.78 in 2024; short-term debt: 35.3% and cash: 9.8% of total assets), and 44.2% 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 · 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
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
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
55.8%
Return on assets
3.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
32 d early
2022
5 d early
2021
17 d early
2020
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€212k▼ 29.0%
2022 · €298k
2020: €194k
2021: €149k
2022: €298k
2020 → 2023
EBIT margin
3.2%▲ 2.7pp
2022 · 0.5%
2020: 9.5%
2021: 0.8%
2022: 0.5%
2020 → 2023
Net result
€2k▼ 67.6%
2024 · €6k
2020: €14k
2021: €182
2022: €190
2023: €4k
2024: €6k
2020 → 2025
Working capital
€17k▼ 11.6%
2024 · €19k
2020: €11k
2021: €8k
2022: €16k
2023: €12k
2024: €19k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€149k-€298k▲ 101%€212k▼ 29.0%
Equity€21k-€21k▲ 0.9%€25k▲ 21.5%€31k▲ 24.1%€33k▲ 6.3%
Operating result€1k-€1k▲ 25.7%€7k▲ 360%€8k▲ 24.7%€6k▼ 32.7%
Net result€182-€190▲ 4.7%€4k▲ 2,258%€6k▲ 36.2%€2k▼ 67.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60k
Fixed assets
€21k▲ 80.1%
Current assets
€38k▼ 14.0%
Equity and liabilities €60k
Equity
€33k▲ 6.3%
Debt
€26k▲ 5.5%
The debt ratio falls from 44.4% to 44.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▲
2024 · €14k
Cash flow
€14k▲
2024 · €12k
Solvency
55.8%▲
2024 · 55.6%
Current ratio
1.82▲
2024 · 1.78
Quick ratio
1.82▲
2024 · 1.78
Debt / equity
0.79▼
2024 · 0.80
ROE
5.9%▼
2024 · 19.4%
ROA
3.3%▼
2024 · 10.8%
Interest coverage
53.30▼
2024 · 73.96
Debt
€26k▲
2024 · €25k
Debt ≤ 1 year
€21k▼
2024 · €25k
Debt > 1 year
€5k
Income taxes
€3k▲
2024 · €2k
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€56k€60k▲
Fixed assets21/28€12k€21k▲
Tangible fixed assets22/27€12k€21k▲
Furniture and vehicles24€12k€21k▲
Current assets29/58€44k€38k▼
Amounts receivable within one year40/41€43k€32k▼
Trade receivables40€39k€25k▼
Other amounts receivable41€3k€7k▲
Cash at bank and in hand54/58€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€56k€60k▲
Equity10/15€31k€33k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€25k€27k▲
Amounts payable17/49€25k€26k▲
Amounts payable after more than one year17-€5k
Financial debts170/4-€5k
Amounts payable within one year42/48€25k€21k▼
Current portion of amounts payable after more than one year42-€3k
Trade debts44€16k€15k▼
Suppliers440/4€9k€10k▲
Bills of exchange payable441€7k€5k▼
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€7k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€12k▲
Other operating charges640/8€756€1k▲
Gross operating margin9900€15k€19k▲
Operating profit (loss)9901€8k€6k▼
Financial income75/76B-€67
Recurring financial income75-€67
Financial charges65/66B€188€338▲
Recurring financial charges65€188€338▲
Profit (loss) for the period before taxes9903€8k€5k▼
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€6k€2k▼
Profit (loss) for the period to be appropriated9905€6k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€27k▲
Profit (loss) brought forward from the previous period14P€19k€25k▲
The notes to these accounts (7 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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
27-03
State Gazette act
Registered officeRegistered-office move1 fact ▸
State Gazette act
Registered office
Registered-office move1 fact ▸
- Registered-office move, Hoogstraat 24/1, Wolvertem 1861
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Weakest financial yearnet €182 ▼98.7%
Net result drops to €182, the lowest in the series; recovery starts the following year.
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Meise · 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.
Hoogstraat 241861 MeiseGround area
1,652 m²
Building footprint
594 m²
Volume, LiDAR
4,338 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PVD DESIGN
since 20192.296.702.553
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23093F0398/00L002 | Flanders | 1,058 m² | 1 · 188 m² | 11.9 m · 3 fl. |
| 23093F0391/00F000 | Flanders | 594 m² | 1 · 407 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
BELCOLOR & CONSTRUCT
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BE 0760.981.826
Genk · Eq €33k
S.D. PISCINES
BE 0775.264.283
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BE 0449.557.584
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DAV CONSTRUCTANCE
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,783 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2019
Fiscal year end30-09
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.