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Pvd Sandblaster

Active
Private limited companyfounded 2022active for 4 yearsPiepelboomstraat 80, 3300 Tienen, BelgiumKBO/BCE: BE 0786.585.173

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Pvd Sandblaster is 12.8% (high). The annual accounts of Pvd Sandblaster for financial year 2024 show a net loss of 77% of the equity at the start of that year. The 2024 annual accounts show equity of €5,134 and a net result of -€17,517. Equity has been shrinking by about 32% per year since 2022. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 14% of 35,970 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries.

Overview

Official details

KBO
Status
Active since 25-05-2022 Normal situation
Activity
Other construction installation NACE 43240and 1 other
Establishment unit
2.331.949.284 3300 Tienen, since 25-05-2022
Financial year end
31 December
Peppol
Reachable since 30-01-2025

Financial position

27 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
12.8%
Annual accounts 2024
Gross margin
€4,881
▼ 79.1%
Turnover
≈ €61,000
estimated
Loss
€17,517
Equity
€5,134
▼ 77.3%
Total assets
€48,196
▼ 13.6%
Staff
≈ 0.4 FTE
estimated
2025 accounts not filed, 93 days past the deadline
Filed on 30-09-2025PDF
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 accounts lateEx-officio strike-off in the KBOFigures for financial year 2024 (filed on 03-10-2025)Liquidity: current ratio 0.62Show the evidence

Checked score

Score 2024
27 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 7% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Weak
Solvency 36-30
equity 10.7% of total assets
Liquidity 8-46
short-term debt 83.3%
Profitability 0-88
return on assets -36.3%
Bankruptcy probability within 12 months
12.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 12.7% 12-2024: 8.5%▼ -4.2 percentage points vs 11-2024 01-2025: 8.4%▼ -0.1 percentage points vs 12-2024 02-2025: 8.3%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 8.4%▲ +0.1 percentage points vs 02-2025 04-2025: 9.5%▲ +1.1 percentage points vs 03-2025 05-2025: 10.2%▲ +0.7 percentage points vs 04-2025 06-2025: 9.8%▼ -0.4 percentage points vs 05-2025 07-2025: 9.7%▼ -0.1 percentage points vs 06-2025 08-2025: 11.8%▲ +2.1 percentage points vs 07-2025 09-2025: 12.1%▲ +0.3 percentage points vs 08-2025 10-2025: 17.7%▲ +5.6 percentage points vs 09-2025highest value 11-2025: 14.6%▼ -3.1 percentage points vs 10-2025 12-2025: 14.6%● unchanged vs 11-2025 01-2026: 14.6%● unchanged vs 12-2025 02-2026: 13.9%▼ -0.7 percentage points vs 01-2026 03-2026: 14.0%▲ +0.1 percentage points vs 02-2026 04-2026: 15.8%▲ +1.8 percentage points vs 03-2026 05-2026: 16.2%▲ +0.4 percentage points vs 04-2026 06-2026: 16.4%▲ +0.2 percentage points vs 05-2026 07-2026: 16.1%▼ -0.3 percentage points vs 06-2026 08-2026: 17.1%▲ +1.0 percentage point vs 07-2026 09-2026: 17.3%▲ +0.2 percentage points vs 08-2026 10-2026: 12.8%▼ -4.5 percentage points vs 09-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.62 (1.08 in 2023), below 1. Short-term debt is 83.3% of total assets. 89.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 14% of them on solvency, 6% on liquidity, 4% on profitability and 5% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Eight signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Figures for financial year 2024 (filed on 03-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.62
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 35970 sector peers (2024).
NBB · sector comparison
Position among 35970 sector peers
Solvency
better than 14%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
122 days late
2022
32 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 72 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled

Key points

  • Caution: Lower net result than 91% of companies in specialised constructionsector median €9,467 · 35,939 companies -€17,517 View

Comparable companies

These companies have the same main activity as Pvd Sandblaster: other construction installation (NACE 43240). They are comparable in size and age: total assets between €32,300 and €56,100, founded between 2021 and 2022.

CompanyTotal assetsGross margin
Pvd Sandblaster Tienen€48,196€4,881
Bolleire Sven Izegem€48,840€4,978
NIELSKE Maldegem€51,683€6,089
Titan Reno Tienen€56,135€5,907
MIDE ASCENSEURS Dilbeek€32,292€6,498
Magnus Opus Damme€36,650€4,323
BHS Bouw Antwerpen€50,140€2,887
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Pvd Sandblaster

What is the company number of Pvd Sandblaster?
The company number of Pvd Sandblaster is 0786.585.173. The VAT number is the same number with BE in front: BE 0786.585.173.
Where is Pvd Sandblaster based?
The registered office is at Piepelboomstraat 80, 3300 Tienen.Company details
What does Pvd Sandblaster do?
According to the KBO register, the main activity is other construction installation (NACE 43240).
What is the legal form of Pvd Sandblaster?
The legal form of Pvd Sandblaster is Private limited company (BV).
When was Pvd Sandblaster founded?
Pvd Sandblaster was founded on 25-05-2022.
Is Pvd Sandblaster still active?
Yes, Pvd Sandblaster is an active enterprise in the KBO register.
What is the turnover of Pvd Sandblaster?
The turnover in financial year 2024 is ≈ €61,000. This figure is estimated from the gross margin of €4,881 and 33 comparable companies (NACE 43240). It probably lies between €28,000 and €120,000. It is a rough estimate.Financials
Is Pvd Sandblaster profitable?
In financial year 2024, Pvd Sandblaster made a loss of €17,517.
Where can I find the annual accounts of Pvd Sandblaster?
Pvd Sandblaster filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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