PVM architects
ActiveSummary
PVM architects has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139k and a net result of €9k. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 27% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-14
Solvency53▼-19
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.59 against 3.76 in 2024; short-term debt: 8.6% and cash: 0.1% of total assets), but 72.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.5%
Return on assets
1.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
29 d late
2023
9 d late
2022
33 d early
2021
1 d early
2020
2 d early
2019
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€139k▲ 6.9%
2024 · €130k
Total assets
€507k▲ 82.5%
2024 · €278k
Net result
€9k▼ 74.5%
2024 · €35k
Working capital
€70k▼ 42.7%
2024 · €121k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€51k▲ 46.2%€36k▼ 29.0%€42k▲ 15.8%€61k▲ 47.0%€21k▼ 65.0%
Net result€30k▲ 63.6%€16k▼ 46.5%€22k▲ 38.4%€35k▲ 62.2%€9k▼ 74.5%
Equity€57k▲ 107%€73k▲ 27.6%€95k▲ 30.0%€130k▲ 37.4%€139k▲ 6.9%
Total assets€386k▲ 12.3%€361k▼ 6.5%€458k▲ 26.7%€278k▼ 39.3%€507k▲ 82.5%
Debt€329k▲ 4.0%€288k▼ 12.4%€363k▲ 25.9%€140k▼ 61.5%€360k▲ 157%
Working capital€-85k▲ 8.2%€-80k▲ 5.8%€-54k▲ 32.8%€121k€70k▼ 42.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €507k
Fixed assets
€393k ▲ 251%
Current assets
€113k ▼ 31.6%
Equity and liabilities €507k
Equity
€139k ▲ 6.9%
Provisions
€7k ▼ 0.4%
Debt
€360k ▲ 157%
Debt's share of the balance-sheet total rises from 50.3% to 71.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€55k▼
2024 · €94k
Cash flow
€43k▼
2024 · €68k
Current ratio
2.59▼
2024 · 3.76
Debt to equity
2.58▲
2024 · 1.07
ROE
6.5%▼
2024 · 27.2%
ROA
1.8%▼
2024 · 12.8%
Interest coverage
9.18▲
2024 · 7.25
Debt ≤ 1 year
€44k▼
2024 · €44k
Debt > 1 year
€315k▲
2024 · €96k
Income taxes
€9k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2k | €0 | - | €37k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34k | €38k | €62k | €32k | €34k | ▲ 4.6% |
| Other operating charges640/8 | €3k | €3k | €2k | €4k | €29k | ▲ 605% |
| Gross operating margin9900 | €88k | €77k | €106k | €98k | €84k | ▼ 13.7% |
| Operating profit (loss)9901 | €51k | €36k | €42k | €61k | €21k | ▼ 65.0% |
| Financial income75/76B | €3 | €67 | €1k | €2k | €3k | ▲ 34.5% |
| Recurring financial income75 | €3 | €67 | €1k | €2k | €3k | ▲ 34.5% |
| Financial charges65/66B | €6k | €5k | €11k | €13k | €6k | ▼ 53.4% |
| Recurring financial charges65 | €6k | €5k | €11k | €13k | €6k | ▼ 53.4% |
| Profit (loss) for the period before taxes9903 | €44k | €31k | €33k | €50k | €18k | ▼ 64.2% |
| Transfer from deferred taxes780 | - | - | - | - | €29 | - |
| Transfer to deferred taxes680 | - | - | - | €7k | €0 | ▼ 100% |
| Income taxes67/77 | €15k | €15k | €11k | €7k | €9k | ▲ 22.1% |
| Profit (loss) for the period9904 | €30k | €16k | €22k | €35k | €9k | ▼ 74.5% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €115 | - |
| Transfer to tax-exempt reserves689 | - | - | - | €30k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €30k | €16k | €22k | €6k | €9k | ▲ 63.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €386k | €361k | €458k | €278k | €507k | ▲ 82.5% |
| Fixed assets21/28 | €363k | €325k | €397k | €112k | €393k | ▲ 251% |
| Intangible fixed assets21 | €10k | €7k | €3k | €494 | €2k | ▲ 397% |
| Tangible fixed assets22/27 | €353k | €318k | €394k | €112k | €391k | ▲ 250% |
| Land and buildings22 | €285k | €267k | €359k | €87k | €370k | ▲ 323% |
| Plant, machinery and equipment23 | €470 | €435 | €391 | €356 | €321 | ▼ 9.8% |
| Furniture and vehicles24 | €68k | €51k | €35k | €24k | €15k | ▼ 38.6% |
| Other tangible fixed assets26 | - | - | - | - | €6k | - |
| Current assets29/58 | €23k | €36k | €60k | €165k | €113k | ▼ 31.6% |
| Amounts receivable after more than one year29 | - | - | - | - | €75k | - |
| Other amounts receivable291 | - | - | - | - | €75k | - |
| Amounts receivable within one year40/41 | €3k | €32k | €59k | €148k | €35k | ▼ 76.2% |
| Trade receivables40 | €1k | €27k | €33k | €13k | €35k | ▲ 167% |
| Other amounts receivable41 | €2k | €5k | €26k | €135k | €286 | ▼ 99.8% |
| Cash at bank and in hand54/58 | €15k | €243 | €745 | €13k | €651 | ▼ 95.2% |
| Deferred charges and accrued income490/1 | €4k | €4k | €1k | €4k | €2k | ▼ 40.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €386k | €361k | €458k | €278k | €507k | ▲ 82.5% |
| Equity10/15 | €57k | €73k | €95k | €130k | €139k | ▲ 6.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €39k | €55k | €76k | €112k | €121k | ▲ 8.1% |
| Tax-exempt reserves132 | - | - | - | €30k | €30k | ▼ 0.4% |
| Distributable reserves133 | €39k | €55k | €76k | €82k | €91k | ▲ 11.2% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - |
| Provisions and deferred taxes16 | - | - | - | €7k | €7k | ▼ 0.4% |
| Deferred taxes168 | - | - | - | €7k | €7k | ▼ 0.4% |
| Amounts payable17/49 | €329k | €288k | €363k | €140k | €360k | ▲ 157% |
| Amounts payable after more than one year17 | €220k | €172k | €248k | €96k | €315k | ▲ 230% |
| Financial debts170/4 | €220k | €172k | €248k | €96k | €315k | ▲ 230% |
| Amounts payable within one year42/48 | €108k | €116k | €114k | €44k | €44k | ▼ 0.7% |
| Current portion of amounts payable after more than one year42 | €66k | €63k | €42k | €22k | €22k | ▲ 2.5% |
| Financial debts43 | - | - | - | €158 | €197 | ▲ 24.6% |
| Credit institutions430/8 | - | - | - | €158 | €197 | ▲ 24.6% |
| Trade debts44 | €7k | €45k | €51k | €21k | €5k | ▼ 76.2% |
| Suppliers440/4 | €7k | €45k | €51k | €21k | €5k | ▼ 76.2% |
| Taxes, remuneration and social security45 | €5k | €8k | €22k | €1k | €16k | ▲ 1,205% |
| Taxes450/3 | €5k | €8k | €22k | €1k | €16k | ▲ 1,205% |
| Other amounts payable47/48 | €30k | €0 | - | - | €145 | - |
| Accrued charges and deferred income492/3 | €471 | €0 | - | €181 | €658 | ▲ 264% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €16k | €22k | €35k | €9k | ▼ 74.5% |
| + Depreciation and write-downs630 | €34k | €38k | €62k | €32k | €34k | ▲ 4.6% |
| Operating cash flow (approximation) | €64k | €54k | €84k | €68k | €43k | ▼ 36.8% |
| Investment in fixed assets (approximation) | - | €-388 | €-134k | €253k | €-315k | ▼ 225% |
| Change in cash | - | €-15k | €502 | €13k | €-13k | ▼ 201% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €35k ▲62.2%
Operating result €61k, net result €35k, both a record.
31-12
Financial
Liquidity times 7current ratio 3.76
Current ratio from 0.53 to 3.76; short-term debt falls from €114k to €44k.
31-12
Financial
Equity above €100kEq €130k ▲37.4%
5 profitable years in a row build equity to €130k.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
20-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
Show earlier events
20-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2015
Ground area
266 m²
Building footprint
166 m²
Volume, LiDAR
1,708 m³
2 parcels, Flanders · tallest building 18.6 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
PVM Architects
since 20152.240.975.162
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F1003/00H002 | Flanders | 210 m² | 1 · 111 m² | 18.6 m · 4 fl. |
| 36015A0359/06P000 | Flanders | 56 m² | 1 · 56 m² | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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
2025 · 1 entry · 3,153 EUR awarded · 3,153 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,153 EUR | 3,153 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 18,249 companies in sector 71111 we hold annual accounts for 6,319. 5,373 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-03-2015
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.