PVG LIQUIDS
The computed 12-month bankruptcy probability of PVG LIQUIDS is 0.4% (very low). The 2025 annual accounts show equity of €11.11M and a net result of €299k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 187 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €11.11M |
| Net result | €299k |
| Staff (FTE) | 7.1 |
| Better than sector | 54% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 44.7% | 41.5% | |
| Net result | €299k | €159k | |
| Equity | €11.11M | €1.10M | |
| Staff costs | €793k | €760k | |
| Employees (FTE) | 7.1 | 10.0 |
Show 13 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €95.15M |
| EBITDA | €935k |
| Net profit | €299k |
| Cash flow | €412k |
| Staff costs | €793k |
| Income taxes | €122k |
| Dividends | - |
| Total assets | €24.86M |
| Equity | €11.11M |
| Debt | €13.75M |
| of which ≤ 1y | €13.70M |
| of which > 1y | - |
| Working capital | €11.04M |
| Employees (FTE) | 7.1 |
| 2025 | |
|---|---|
| Current ratio | 1.81 |
| Quick ratio | 0.99 |
| Working capital ratio | 44.4% |
| Solvency | 44.7% |
| Debt / equity | 1.24 |
| Long-term debt ratio | - |
| Interest coverage | 2.79 |
| Gross margin | 5.3% |
| Net margin | 0.3% |
| ROA | 1.2% |
| ROE | 2.7% |
| EBITDA margin | 1.0% |
| Days sales outstanding | 45d |
| Days payable outstanding | 14d |
| Inventory turnover | 8.09 |
| Days inventory (DSI) | 45d |
Full annual accounts (24 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €24.86M |
| Fixed assets | 21/28 | €126k |
| Intangible fixed assets | 21 | €59k |
| Tangible fixed assets | 22/27 | €67k |
| Current assets | 29/58 | €24.73M |
| Stocks & contracts in progress | 3 | €11.13M |
| Amounts receivable within one year | 40/41 | €13.54M |
| Cash & bank | 54/58 | €21k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €24.86M |
| Equity | 10/15 | €11.11M |
| Contributions / capital | 10/11 | €10.06M |
| Reserves | 13 | €439k |
| Accumulated profits (losses) | 14 | €605k |
| Amounts payable | 17/49 | €13.75M |
| Amounts payable within one year | 42/48 | €13.70M |
| Trade debts payable within one year | 44 | €3.35M |
| Income statement | ||
| Turnover | 70 | €95.15M |
| Operating result | 9901 | €822k |
| Financial income | 75 | €130k |
| Financial charges | 65 | €531k |
| Result before taxes | 9903 | €422k |
| Income taxes | 67/77 | €122k |
| Net result for the period | 9904 | €299k |
| Result to be appropriated | 9905 | €299k |
-
PVG Holding B.V.DirectorState Gazette act 25025270 (24-02-2025)Current24-02-2025 → present
2 events
- 24-02-2025 Appointed· Director
- 13-10-2023 Resigned· Director
-
Jeroen VanlangendonckDirectorState Gazette act 25025270 (24-02-2025)Current24-11-2023 → present
3 events
- 24-02-2025 Appointed· Director
- 03-07-2024 Appointed· Director
- 24-11-2023 Appointed· Director
-
PVG Energy B.V.DirectorState Gazette act 25025270 (24-02-2025)Current14-12-2020 → present
6 events
- 24-02-2025 Appointed· Director
- 14-12-2020 Appointed· Director
- 14-12-2020 Resigned· Director
- 14-12-2020 Appointed· Managing director
- 14-12-2020 Resigned· Managing director
- 20-08-2015 Appointed· Director
-
Marc Van DreumelDirectorState Gazette act 24099659 (03-07-2024)Current02-12-2019 → present
2 events
- 03-07-2024 Appointed· Director
- 02-12-2019 Appointed· Vaste vertegenwoordiger van bestuurder pvg energy bv
Former directors (5)
-
Kristin GehreDirectorState Gazette act 20148371 (14-12-2020)Former14-12-2020 → 03-07-2024
2 events
- 03-07-2024 Resigned· Director
- 14-12-2020 Appointed· Director
-
Geert De WildeDirectorState Gazette act 15081878 (10-06-2015)Former10-06-2015 → 14-12-2020
2 events
- 14-12-2020 Resigned· Director
- 10-06-2015 Appointed· Director
-
BVBA VFDLegal entityManaging directorState Gazette act 19156675 (02-12-2019)Former- → 02-12-2019
-
Robert LooljeVaste vertegenwoordiger van bestuurder pvg energy bvState Gazette act 19156675 (02-12-2019)Former- → 02-12-2019
-
VBA VFDDirectorState Gazette act 15081878 (10-06-2015)Former- → 10-06-2015
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Kevin DefauwCurrent Statutory auditor |
- | 13-10-2023 → present |
Show 4 earlier auditors
| CVBA BDO Bedrijfsrevisoren Statutory auditor succeeded by Kevin Defauw in 2023 |
- | 14-12-2020 → 13-10-2023 |
| Deloitte Bedrijfsrevisoren Statutory auditor succeeded by CVBA BDO Bedrijfsrevisoren in 2020 |
- | 11-12-2017 → 14-12-2020 |
| Emst & Young Bedrijfsrevisoren BCVBA Statutory auditor |
- | - → 11-12-2017 |
| Robert Boons Statutory auditor succeeded by Deloitte Bedrijfsrevisoren in 2017 |
- | 13-11-2015 → 11-12-2017 |
| NACE primary | Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten(46810) |
| Legal form | Public limited company(014) |
| Incorporation | 24-05-2011 |
| Status | Active |
| Postal code | 9042 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44812A0893/00H000 | Flanders | 1.9 ha | 1 · 1.2 ha | 13.9 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 23 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-02-2025 3 directors appointed
- PVG Holding B.V., Bestuurder
- PVG Energy B.V., Bestuurder
- Jeroen Vanlangendonck, Bestuurder
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- Marc Van Dreumel, Bestuurder
- Jeroen Vanlangendonck, Bestuurder
- Kristin Gehre, Bestuurder
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}24-11-2023 Jeroen VANLANGENDONCK appointed as director
- Jeroen VANLANGENDONCK, Bestuurder
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}13-10-2023 1 director appointed, 1 resigning
- Kevin Defauw, Commissaris
- PVG HOLDING B.V., Bestuurder
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}20-05-2022 Articles of association amended
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}10-06-2021 Articles of association amended
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}14-12-2020 4 directors appointed, 3 resigning
- CVBA BDO Bedrijfsrevisoren, Commissaris
- PVG ENERGY B.V., Bestuurder
- PVG ENERGY B.V., Gedelegeerd bestuurder
- Kristin Gehre, Bestuurder
- PVG ENERGY B.V., Bestuurder
- PVG ENERGY B.V., Gedelegeerd bestuurder
- Geert De Wilde, Bestuurder
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}02-12-2019 1 director appointed, 2 resigning
- Marc van Dreumel, Vaste vertegenwoordiger van bestuurder pvg energy bv
- Robert Loolje, Vaste vertegenwoordiger van bestuurder pvg energy bv
- BVBA VFD, Gedelegeerd bestuurder
Technical details
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}25-01-2018 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"summary_narrative": "De aandeelhouders van PVG LIQUIDS hebben op 13 december 2017 unaniem besloten om bepalingen in de documenten goed te keuren die rechten of verplichtingen kunnen opleggen aan derden, afhankelijk van een openbaar bod op de aandelen of een verandering van controle. Daarnaast hebben zij een bijzondere volmacht verleend aan vijf advocaten van ALTIUS om de registratie- en neerleggingsformaliteiten volgens artikel 556 WVV uit te voeren.",
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}11-12-2017 1 director appointed, 1 resigning
- Deloitte Bedrijfsrevisoren, Commissaris
- Emst & Young Bedrijfsrevisoren BCVBA, Commissaris
Technical details
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}13-11-2015 Robert Boons appointed as statutory auditor
- Robert Boons, Commissaris
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}20-08-2015 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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}10-06-2015 1 director appointed, 1 resigning
- Geert De Wilde, Bestuurder
- VBA VFD, Bestuurder
Technical details
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}22-06-2011 Transaction in capital or shares
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}| Legal nameNL | PVG LIQUIDS |