Skip to content

PVH

Active
Private limited companyfounded 201214 yrs activeNederhasseltstraat 323, 9404 Ninove, BelgiumKBO/BCE: BE 0842.710.264

PVH has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €353k and a net result of €7k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
94 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▲+9
Solvency100=
Growth40=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.51 against 3.03 in 2023), and 4.4% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
95.6%
Return on assets
1.8%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
57 d early
2023
14 d early
2022
3 d early
2021
48 d early
2020
64 d early
2019
77 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover
€143k▼ 5.6%
2018 · €151k
2018: €151k
2018 → 2019
EBIT margin
20.7%▼ 26.5pp
2018 · 47.2%
2018: 47.2%
2018 → 2019
Net result
€7k▲ 10,801%
2023 · €61
2018: €47k 2019: €15k 2020: €183k 2021: €-15k 2022: €-11k 2023: €61
2018 → 2024
Working capital
€57k▲ 41.3%
2023 · €40k
2018: €-52k 2019: €-55k 2020: €347k 2021: €42k 2022: €28k 2023: €40k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€372k-€358k▼ 4.0%€346k▼ 3.2%€346k=€353k▲ 1.9%
Operating result€38k-€-14k€-11k▲ 19.8%€579€8k▲ 1,352%
Net result€183k-€-15k€-11k▲ 21.9%€61€7k▲ 10,801%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150k€200kOperating result 2020: €38k€38kNet result 2020: €183k€183kOperating result 2021: €-14k€-14kNet result 2021: €-15k€-15kOperating result 2022: €-11k€-11kNet result 2022: €-11k€-11kOperating result 2023: €579€579Net result 2023: €61€61Operating result 2024: €8k€8kNet result 2024: €7k€7k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 1,352% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €369k
Fixed assets €296k▼ 3.2%
Current assets €73k▲ 21.6%
Equity and liabilities €369k
Equity €353k▲ 1.9%
Debt €16k▼ 17.5%
The debt ratio falls from 5.4% to 4.4%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€24k
2023 · €16k
Cash flow
€22k
2023 · €15k
Solvency
95.6%
2023 · 94.6%
Current ratio
4.51
2023 · 3.03
Quick ratio
4.40
2023 · 2.79
Debt / equity
0.05
2023 · 0.06
ROE
1.9%
2023 · 0.0%
ROA
1.8%
2023 · 0.0%
Interest coverage
19.08
2023 · 51.00
Debt
€16k
2023 · €20k
Debt ≤ 1 year
€16k
2023 · €20k
Income taxes
€1k
2023 · €280
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€366k€369k
Fixed assets21/28€306k€296k
Tangible fixed assets22/27€306k€296k
Land and buildings22€273k€265k
Plant, machinery and equipment23€2k€1k
Furniture and vehicles24€23k€21k
Other tangible fixed assets26€7k€9k
Current assets29/58€60k€73k
Stocks and contracts in progress3€5k€2k
Stocks30/36€5k€2k
Amounts receivable within one year40/41€2k€8k
Trade receivables40€2k€8k
Other amounts receivable41€79€249
Current investments50/53-€50k
Cash at bank and in hand54/58€51k€12k
Deferred charges and accrued income490/1€2k€1k
Equity and liabilities
Total equity and liabilities10/49€366k€369k
Equity10/15€346k€353k
Contributions10/11€12k€12k=
Reserves13€334k€340k
Distributable reserves133€334k€340k
Amounts payable17/49€20k€16k
Amounts payable within one year42/48€20k€16k
Trade debts44€2k€1k
Suppliers440/4€2k€1k
Advances received on contracts in progress46€1k€0
Taxes, remuneration and social security45€2k€5k
Taxes450/3€2k€5k
Other amounts payable47/48€14k€10k
Accrued charges and deferred income492/3-€151
Income statement Code20232024
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k
Other operating charges640/8€4k€5k
Gross operating margin9900€20k€29k
Operating profit (loss)9901€579€8k
Financial income75/76B€74€614
Recurring financial income75€74€614
Financial charges65/66B€312€1k
Recurring financial charges65€312€1k
Profit (loss) for the period before taxes9903€341€8k
Income taxes67/77€280€1k
Profit (loss) for the period9904€61€7k
Profit (loss) for the period to be appropriated9905€61€7k
Appropriation of the result
Profit (loss) to be appropriated9906€61€7k
Transfer to equity691/2€61€7k
To other reserves6921€61€7k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
04-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €61
Net result €61 after 2 loss-making years.
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €-15k ▼108%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
28-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €183k ▲1092%
Net result €183k, the highest in the series.
31-12
Financial Liquidity times 33current ratio 8.26
Current ratio from 0.25 to 8.26; short-term debt falls from €73k to €48k.
31-12
Financial Equity above €200kEq €372k ▲96.4%
3 profitable years in a row build equity to €372k.
15-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
17-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
14-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
01-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated 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, Ninove · 2 establishment units since 2012
establishment All 2 establishment units on the map
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.

Nederhasseltstraat 3239404 Ninove
Ground area
934 m²
Building footprint
287 m²
Volume, LiDAR
2,203 m³
2 parcels, Flanders, Wallonia · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
PVH
Nederhasseltstraat 323, 9404 NinoveManufacture of other non-metallic mineral products
since 20122.206.212.738
Vikarti Stay
Rue Adolphe-Sax 68, 5500 DinantManufacture of other non-metallic mineral products
since 20252.374.410.639
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
41004A0136/00D000 Flanders 827 m² 1 · 231 m² 11.1 m · 2 fl.
91034G0068/00A000 Wallonia 107 m² 1 · 56 m² 16.1 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 507 EUR awarded · 507 EUR paid
Year Entries awardedpaid
2023 1 120 EUR120 EUR
2022 1 387 EUR387 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 507 EUR · 507 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 37,059 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-01-2012
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:info@huisvikarti.be
Enterprise