Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of PVJ is 2.5% (moderate). The 2025 annual accounts show negative equity (€-377k) and a net result of €28k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 7% of 249 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 8 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone2.5%
Moderate
0%0,5%1,5%4%10%≥25%
Multiple establishment units
+Higher-failure-rate sector
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
2 signals · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 249 sector peers (2025).
View the sector comparison Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 28-07-2026 | 3 d early | 2026-00360858 |
| 31-12-2024 | 31-07-2025 | 27-08-2025 | 27 d late | 2025-00444569 |
| 31-12-2023 | 31-07-2024 | 01-08-2024 | 1 d late | 2024-00328346 |
| 31-12-2022 | 31-07-2023 | 29-09-2023 | 60 d late | 2023-00459787 |
| 31-12-2021 | 31-07-2022 | 31-08-2022 | 31 d late | 2022-20370356 |
| 31-12-2020 | 31-07-2021 | 30-11-2021 | 122 d late | 2021-78600149 |
| 31-12-2019 | 31-07-2020 | 25-09-2020 | 56 d late | 2020-55400366 |
| 31-12-2018 | 31-07-2019 | 31-08-2019 | 31 d late | 2019-58000142 |
| 31-12-2017 | 31-07-2018 | 28-11-2018 | 120 d late | 2018-72900310 |
| 31-12-2016 | 31-07-2017 | 31-08-2017 | 31 d late | 2017-52900210 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2015, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
Turnover€11.32M
EBIT margin0.3%
Net result€28k-70.8%
Working capital€-378k+6.9%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 28-07-2026 with the NBB · fiscal year 2025 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~2.6%/year over 8 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).
Sector comparison
Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -78.7% | 13.9% | |
| Net result | €28k | €19k | |
| Equity | €-377k | €95k | |
| Gross operating margin | €860k | €323k | |
| Staff costs | €749k | €281k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P7
Stable position over 2020-2025
· n=249-873
P55
Stable position over 2020-2025
· n=249-874
P6
Stable position over 2020-2025
· n=249-875
P81
Stable position over 2020-2025
· n=218-801
Describes the position versus peers, not a forecast.
€11.32M
-
18-25
€-46k
-
18-25
€28k
-70.8%
18-25
€-516k
-11.6%
18-25
€479k
-12.2%
18-25
€-377k
+7.0%
18-25
€-378k
+6.9%
18-25
17
-11.3%
18-25
Show 11 other metrics
€749k
-1.4%
18-25
€306
0.0%
18-25
€856k
-10.0%
18-25
€856k
-10.0%
18-25
0.56
-2.5%
18-25
0.12
-23.2%
18-25
-78.7%
-6.0%
18-25
-2.27
+3.2%
18-25
-7.5%
+68.6%
18-25
5.9%
-66.7%
18-25
0.2%
-
18-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €11.32M |
| EBITDA | - |
| Net profit | €28k |
| Cash flow | - |
| Staff costs | €749k |
| Income taxes | €306 |
| Dividends | - |
| Total assets | €479k |
| Equity | €-377k |
| Debt | €856k |
| of which ≤ 1y | €856k |
| of which > 1y | - |
| Working capital | €-378k |
| Employees (FTE) | 17.3 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.56 |
| Quick ratio | 0.12 |
| Working capital ratio | -78.8% |
| Solvency | -78.7% |
| Debt / equity | -2.27 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | 5.6% |
| Net margin | 0.2% |
| ROA | 5.9% |
| ROE | -7.5% |
| EBITDA margin | - |
| Days sales outstanding | 1d |
| Days payable outstanding | 26d |
| Inventory turnover | 28.39 |
| Days inventory (DSI) | 13d |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €479k |
| Fixed assets | 21/28 | €910 |
| Financial fixed assets | 28 | €910 |
| Current assets | 29/58 | €478k |
| Stocks & contracts in progress | 3 | €377k |
| Amounts receivable within one year | 40/41 | €28k |
| Cash & bank | 54/58 | €71k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €479k |
| Equity | 10/15 | €-377k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €-383k |
| Amounts payable | 17/49 | €856k |
| Amounts payable within one year | 42/48 | €856k |
| Trade debts payable within one year | 44 | €747k |
| Income statement | ||
| Turnover | 70 | €11.32M |
| Gross operating margin | 9900 | €860k |
| Operating result | 9901 | €34k |
| Financial income | 75 | €70 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €29k |
| Income taxes | 67/77 | €306 |
| Net result for the period | 9904 | €28k |
| Result to be appropriated | 9905 | €28k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed0
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
2 directors4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
-
J-CFPrivate limited company (pre-2019)Director· perm. rep.: Jean-Christophe FILEEState Gazette act 21005795 (15-01-2021)Current20-10-2020 → present
Former directors (1)
-
Former- → 15-01-2021
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
1 auditor| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| SRL BDO Bedrijfsrevisoren-BDO Reviseurs d'entreprisesCurrent Statutory auditor · represented by ANCION Denis |
- | 24-10-2025 → present |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 19-10-2015 |
| Status | Active |
| Postal code | 5000 |
Structure & network
Connections & network
9 connected companies3 further connections in this company's network. Available in Kantoor S.
See plans →Group structure
Sits on the board · 9 subsidiaries · 2 locations
Control→
Network connections
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Show 2 more network connections
Shared corporate director
→
Shared corporate director
→
2 further connected companies in this network. Available in Kantoor S.
See plans →
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control
1 partyControl over this companysits on this company's board1
9 subsidiaries · 2 locations
controls
PVJBE 0641.684.692
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
5 locationsNIGHT & DAY PRESSE
since 20152.246.700.241
NIGHT & DAY PRESSE
since 20162.254.357.796
NIGHT & DAY PRESSE
since 20162.254.357.895
NIGHT AND DAY PRSSE BELGRADE
since 20172.264.739.865
ND157 Gerpinnes
since 20262.388.502.462
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels6
Ground area8,299 m²
Buildings5
Building footprint1,242 m²
Volume (LiDAR)7,296 m³
Tallest building10.1 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Wallonia
6
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61044B0115/00A002indicative | Wallonia | 4,632 m² | 1 · 617 m² | 9.1 m · 2 fl. |
| 92094B0311/00Z005 | Wallonia | 1,172 m² | 1 · 93 m² | 10.1 m · 2 fl. |
| 92048G0228/00M004 | Wallonia | 1,071 m² | 1 · 167 m² | 7.4 m · 2 fl. |
| 92010C0010/00T000 | Wallonia | 773 m² | 1 · 217 m² | 7.8 m · 1 fl. |
| 92014C1110/00E000 | Wallonia | 443 m² | 1 · 148 m² | 7.1 m · 2 fl. |
| 52025B0328/00H000indicative | Wallonia | 208 m² | - | - |
Methodology
via registered seat: 1 · via establishment units: 5
4 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
4 acts Capital history · 1
15-06-2026
Capital conversion: amount: 6300, currency: EUR
All acts · 4
updated 2 months ago
2026
15-06-2026 Notarial deed · Legal form conversion · Capital conversion · Reserve release
- Filing: 2026-06-11 · PVJ
- Publication: 2026-06-15 · PVJ
- Notarial deed: 2026-05-28 · PVJ
- Legal form conversion: Société à responsabilité limitée · PVJ
- Capital conversion: amount: 6300, currency: EUR · PVJ
- Reserve release: amount: 6300, currency: EUR · PVJ
- Statute amendment: Nouveaux statuts adoptés · PVJ
- Officer resignation: 2020-10-20 · FERME DE LA TOUR
- Officer discharge · FERME DE LA TOUR
- Officer appointment: Administrateur non statutaire · ELICAM
- Permanent representative · Philippe CLINET
- Officer appointment: Administrateur non statutaire · VDARDENNE
- Permanent representative · Vincent DARDENNE
- Officer appointment: Administrateur non statutaire · DATAM
- Permanent representative · Daniel TAMIGNIAU
- Officer appointment: Administrateur non statutaire · J-CF
- Permanent representative · Jean-Christophe FILÉE
- Officer appointment: Administrateur non statutaire · GDELHAYE
- Permanent representative · Guillaume Bernard Emilien Ghislain DELHAYE
- Power of attorney: 2026-05-26 · Florence PIRON
- Power of attorney: 2026-05-26 · Florence PIRON
- Power of attorney: 2026-05-26 · Florence PIRON
- Power of attorney: 2026-05-26 · Florence PIRON
- Power of attorney: 2026-05-26 · Florence PIRON
- Mandate term: Durée illimitée · ELICAM
- Mandate term: Durée illimitée · VDARDENNE
- Mandate term: Durée illimitée · DATAM
- Mandate term: Jusqu'à révocation · J-CF
- Mandate term: Jusqu'à révocation · GDELHAYE
- Act object: MODIFICATION FORME JURIDIQUE, DEMISSIONS,
Summary:
Notarial deed · Legal form conversion · Capital conversion · Reserve release
2025
24-10-2025 ANCION Denis appointed as statutory auditor
2021
15-01-2021 1 director appointed, 1 resigning
- Jean-Christophe FILEE, Bestuurder
- Jérôme Giraud, Gedelegeerd bestuurder
Summary:
v3.2
2015
21-10-2015 Incorporation of a new SRL
Summary:
oprichting
Analysis
Financial profile
5 of 5 axes measured45
/ 100
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
13
Solvency
35
Growth
78
Stability
100
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 1,663 of the 10,435 companies in this sector. 408 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels47620Detailhandel in kranten en andere tijdschriften47621
Primary activity highlighted.
Names & trade names
| Legal nameFR | PVJ |
Registered office
Avenue Albert 1er 97
5000 Namur, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.