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PVGPro

Active
Private limited companyfounded 2022active for 4 yearsMespelhoek 21, 9180 Lokeren, BelgiumKBO/BCE: BE 0788.194.680
Summary

PVGPro has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €314,546 and a net result of €121,688. Equity has been growing by about 56% per year since 2023. Its solvency ranks better than 39% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 04-07-2022 Normal situation
Activity
Insulation installation NACE 43230and 1 other
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-06-2025
Establishment unit
2.333.249.381 9180 Lokeren, since 04-07-2022
Financial year end
30 June
Peppol
Reachable since 11-09-2026

Board and ownership

Board

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-06-2025
Gross margin
€516,225
▲ 25.1%
Turnover
≈ €1.4m
estimated
Profit
€121,688
▲ 30.8%
Equity
€314,546
▲ 63.1%
Total assets
€893,299
▲ 73.1%
Employees on 30-06-2025
4
▼ 20.0%
Filed on 06-01-2026, 25 days before the deadline
Score breakdownraises riskFounded in 2022Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €893,299Figures for financial year 2025 (filed on 09-01-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 60-2
equity 35.2% of total assets
Liquidity 45-28
short-term debt 56.6% · cash 19.1%
Profitability 86-5
return on assets 13.6%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.7% 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.5%▼ -0.2 percentage points vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 1.5%● unchanged vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.8%▲ +0.3 percentage points vs 09-2025 11-2025: 2.2%▲ +0.4 percentage points vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.4%▲ +0.2 percentage points vs 12-2025highest value 02-2026: 0.6%▼ -1.8 percentage points vs 01-2026 03-2026: 0.5%▼ -0.1 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.2%▼ -0.3 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (1.31 in 2024), below the usual 1.5. Short-term debt is 56.6% and cash 19.1% of total assets. 64.8% 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 37% of them on solvency, 35% on liquidity, 70% on profitability and 86% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €893,299
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 09-01-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
25 days early
2024
24 days early
2023
40 days early
← 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 30 days before 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.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 6 January (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Positive: Equity rose in 2025from €192,858 to €314,546 ▲ 63.1% View

Recent changes

  1. · Gazette deed Registered office moved to Moerbeke
  2. · Gazette deed IncorporationAppointment: VAN GREMBERGEN Peter (director)
All 8 events

Comparable companies

These companies have the same main activity as PVGPro: insulation installation (NACE 43230). They are comparable in size and age: total assets between €654,000 and €1.4m, founded between 2020 and 2022.

CompanyTotal assetsGross margin
PVGPro Lokeren€0.9m€0.5m
MULTI TECHNICS SERVICES Sint-Pieters-Leeuw€0.9m€0.5m
BENHOTCOOL Saint-Ghislain€0.7m€0.3m
DEGUELDRE ISOLATION Welkenraedt€0.7m€0.5m
DMF ISOLATION Ecaussinnes€1.4m€0.7m
JOËL KEUTGENS Plombières€0.7m€0.3m
CK RENOVE Welkenraedt€1.3m€0.4m
Full comparison

Key facts about PVGPro

What is the company number of PVGPro?
The company number of PVGPro is 0788.194.680. The VAT number is the same number with BE in front: BE 0788.194.680.
Where is PVGPro based?
The registered office is at Mespelhoek 21, 9180 Lokeren.Company details
What does PVGPro do?
According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of PVGPro?
The legal form of PVGPro is Private limited company (BV).
When was PVGPro founded?
PVGPro was founded on 04-07-2022.
Is PVGPro still active?
Yes, PVGPro is an active enterprise in the KBO register.
How many employees does PVGPro have?
PVGPro had an average of 4.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PVGPro fall under?
In its 30-06-2025 annual accounts, PVGPro states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of PVGPro?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €516,225 and 45 comparable companies (NACE 432). It probably lies between €1.1m and €1.7m.
Is PVGPro profitable?
In financial year 2025, PVGPro made a profit of €121,688.
Where can I find the annual accounts of PVGPro?
PVGPro filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PVGPro due?
PVGPro must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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