PVDM Engineering
ActivePVDM Engineering has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73k and a net result of €2k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 53% of 9417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-34
Solvency83▲+31
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 0.39 in 2024; short-term debt: 40.2% and cash: 87.6% of total assets), and 42.3% 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
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
Sector 71
lower
← 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
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
57.7%
Return on assets
1.3%
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 28-08-2026, 28 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 · 5 filingsDeviation from the deadline
2025
28 d late
2024
1 d early
2023
61 d late
2022
32 d late
2021
25 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€73k▲ 2.4%
2024 · €71k
2021: €56k
2022: €53k
2023: €64k
2024: €71k
2021 → 2025
Total assets
€127k▼ 52.6%
2024 · €267k
2021: €101k
2022: €256k
2023: €263k
2024: €267k
2021 → 2025
Net result
€2k▼ 77.7%
2024 · €8k
2021: €51k
2022: €-2k
2023: €10k
2024: €8k
2021 → 2025
Working capital
€72k
2024 · €-44k
2021: €56k
2022: €-35k
2023: €-42k
2024: €-44k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€53k▼ 4.4%€64k▲ 19.6%€71k▲ 12.0%€73k▲ 2.4%
Operating result€64k-€-199€17k€14k▼ 19.8%€8k▼ 40.1%
Net result€51k-€-2k€10k€8k▼ 26.4%€2k▼ 77.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €127k
Fixed assets
€3k▼ 98.6%
Current assets
€123k▲ 338%
Equity and liabilities €127k
Equity
€73k▲ 2.4%
Debt
€54k▼ 72.7%
The debt ratio falls from 73.3% to 42.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €21k
Cash flow
€3k▼
2024 · €15k
Solvency
57.7%▲
2024 · 26.7%
Current ratio
2.42▲
2024 · 0.39
Quick ratio
2.42▲
2024 · 0.39
Debt / equity
0.73▼
2024 · 2.74
ROE
2.3%▼
2024 · 10.8%
ROA
1.3%▼
2024 · 2.9%
Interest coverage
1.60▼
2024 · 5.44
Debt
€54k▼
2024 · €196k
Debt ≤ 1 year
€51k▼
2024 · €72k
Income taxes
€613▼
2024 · €2k
Staff costs
€23k▼
2024 · €29k
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€267k€127k▼
Fixed assets21/28€239k€3k▼
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€234k-
Land and buildings22€234k-
Current assets29/58€28k€123k▲
Amounts receivable within one year40/41€11k€11k▲
Trade receivables40€10k€10k=
Other amounts receivable41€468€789▲
Cash at bank and in hand54/58€17k€111k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€267k€127k▼
Equity10/15€71k€73k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€66k€68k▲
Amounts payable17/49€196k€54k▼
Amounts payable after more than one year17€123k-
Financial debts170/4€123k-
Amounts payable within one year42/48€72k€51k▼
Current portion of amounts payable after more than one year42€9k-
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€19k€11k▼
Taxes450/3€10k€11k▲
Remuneration and social security454/9€9k€461▼
Other amounts payable47/48€42k€38k▼
Accrued charges and deferred income492/3€771€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€29k€23k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€1k▼
Other operating charges640/8€1k€940▼
Non-recurring operating charges66A-€19k
Gross operating margin9900€50k€52k▲
Operating profit (loss)9901€14k€8k▼
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€10k€2k▼
Income taxes67/77€2k€613▼
Profit (loss) for the period9904€8k€2k▼
Profit (loss) for the period to be appropriated9905€8k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€68k▲
Profit (loss) brought forward from the previous period14P€59k€66k▲
The notes to these accounts (6 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Liquidity times 6current ratio 2.42
Current ratio from 0.39 to 2.42; short-term debt falls from €72k to €51k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-2k ▼105%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wortegem-Petegem · 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.
Keistraat(O.) 59790 Wortegem-PetegemGround area
2,911 m²
Building footprint
272 m²
Volume, LiDAR
1,237 m³
Parcel 45025C0628/00D000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PVDM Engineering
since 20212.313.823.053
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45025C0628/00D000 | Flanders | 2,911 m² | 1 · 271 m² | 7.7 m · 2 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.
Similar companies · same sector, comparable size
CV GAS ENGINEERING & MAINTENANCE
BE 0722.987.520
Liège · Eq €73k
JIS CONSULT
BE 0784.971.807
Haaltert · Eq €73k
TECHNIQUES SPECIALES - SPECIALE TECHNIEKEN
BE 0441.832.426
Mechelen · Eq €73k
Consilia-be
BE 0765.998.508
Seneffe · Eq €73k
ECORUS
BE 0827.559.854
Diest · Eq €73k
Of 11,554 companies in sector 71121 we hold annual accounts for 6,557. 5,138 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2021
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.