Financials
- Financial year
- 2025
- Turnover
- €95.2m
- Profit
- €299,254
- Solvency
- 44.7%
Turnover▲ 10.5%
Net result
20192025
PVG LIQUIDS
ActiveSummary
PVG LIQUIDS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.1m and a net result of €299,254. Equity is growing by about 3.9% per year across the filed financial years. Its solvency ranks better than 49% of 6,141 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Activity
Wholesale of solid, liquid and gaseous fuels and related products
NACE 46810Wholesale of industrial chemicals NACE 46851
1 site
Size
€95.2mturnover 2025
- Staff
- 7.1 FTE
- Equity
- €11.1m
- Profit
- €299,254
Structure
- Parent
- PVG Group BV BO
- Board
- 4 members
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES2025 accounts 12 days early6 of 24 deeds summarised
Why 65raises riskFigures for financial year 2025 (filed 18-09-2025)Liquidity: current ratio 1.81, cash €21,053lowers riskEquity €11.1m (44.7% of total assets)Founded in 2011Show the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 41% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency
70+9
equity 44.7% of total assets
Liquidity
22+6
short-term debt 55.1% · cash 0.1%
Profitability
37+7
return on assets 1.2%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025lowest value
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.4%▼ -0.1 percentage points vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026
10-2026: 1.2%▲ +0.7 percentage points vs 09-2026highest value
Credit of up to €700,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.81, compared with 1.56 in 2024, above the usual 1.5; short-term debt: 55.1% and cash: 0.1% of total assets), but 55.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 53% on solvency, 21% on liquidity, 30% on profitability and 60% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2025 was due by 30-09-2025 and was filed on 18-09-2025, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 days early
2024
25 days early
2023
40 days early
2021
70 days early
2020
74 days early
2019
18 days early
2018
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
- Resignation: PVG Energy B.V. (director)Permanent representatives: Marc van Dreumel…
- Appointment: PVG Group B.V. (director)Permanent representatives: Gregorius (roepnaam Jos)…
- Annual accounts filedfinancial year 2025 · full…
Key points
- Positive: Result rose in 2025from €108,256 to €299,254 ▲ 176% View
- Positive: Among the best 15% on equitysector median €1.6m · 6,074 companies €11.1m View
- Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View
- Controlled by PVG Group BV BO parent View
- New directorlatest change 07-04-2026 · 4 in office 1 joined View
- Positive: 5 profitable years in a rowprofit 2025: €299,254 5 years View
By topic
Board & ownership
- Board
- 4 members
- Parent
- PVG Group BV BO
- Auditor
- BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
- Jeroen VanlangendonckDirector
- PVG ENERGY B.V.Director
- PVG Group B.V.Director
- PVG Holding B.V.Director
Network & group
- Connected companies
- 3
Timeline
- Events
- 22
- Since
- 2013
- 24-02-2025Appointment: PVG Holding B.V. (director)
- 05-09-2024Annual accounts filed
- 03-07-2024Resignation: Kristin Gehre (director)
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Wholesale of solid, liquid and gaseous fuels and…NACE 46810
- Founded
- 24-05-2011
- Year ends
- 28-02
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 2
- Who signs
- Two directors jointly, or a managing director alone
Key facts about PVG LIQUIDS
- What is the company number of PVG LIQUIDS?
- 0836.572.342. In Belgium the VAT number is the company number with BE in front: BE 0836.572.342.
- Where is PVG LIQUIDS based?
- The registered office is at Belgicastraat 1C, 9042 Gent.Company details
- What does PVG LIQUIDS do?
- According to the KBO register, the main activity is wholesale of solid, liquid and gaseous fuels and related products (NACE 46810).
- What is the legal form of PVG LIQUIDS?
- Public limited company (NV).
- When was PVG LIQUIDS founded?
- On 24-05-2011.
- Is PVG LIQUIDS still active?
- Yes, PVG LIQUIDS is an active enterprise in the KBO register.
- How many employees does PVG LIQUIDS have?
- On average 7.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PVG LIQUIDS?
- €95.2m in financial year 2025, according to the filed annual accounts.
- Is PVG LIQUIDS profitable?
- In financial year 2025, PVG LIQUIDS made a profit of €299,254.
- Where can I find the annual accounts of PVG LIQUIDS?
- PVG LIQUIDS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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