PVMD2
ActiveSummary
PVMD2 has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €60k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+19
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 22.66 against 5.46 in 2024; short-term debt: 4.3% and cash: 16.1% of total assets), and 4.3% 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+raises risk○neutral
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
95.7%
Return on assets
25.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
49 d early
2024
44 d early
2023
47 d early
2022
42 d early
2021
40 d early
2020
32 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
Turnover
€236k
EBIT margin
62.7%
Net result
€60k▲ 122%
2024 · €27k
2020: €114khighest in 6 years
2021: €55k▼ -51.7% vs 2020
2022: €23k▼ -59.0% vs 2021
2023: €8k▼ -65.5% vs 2022lowest in 6 years
2024: €27k▲ +246% vs 2023
2025: €60k▲ +122% vs 2024
2020 → 2025
Working capital
€219k▲ 5.9%
2024 · €207k
2020: €71klowest in 6 years
2021: €121k▲ +70.3% vs 2020
2022: €144k▲ +18.4% vs 2021
2023: €183k▲ +27.3% vs 2022
2024: €207k▲ +13.0% vs 2023
2025: €219k▲ +5.9% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€197k-€220k▲ 11.5%€227k▲ 3.6%€224k▼ 1.3%€224k=
2021: €197klowest in 5 years
2022: €220k▲ +11.5% vs 2021
2023: €227k▲ +3.6% vs 2022highest in 5 years
2024: €224k▼ -1.3% vs 2023
2025: €224k● +0.0% vs 2024
Operating result€72k-€30k▼ 57.8%€15k▼ 49.3%€40k▲ 163%€63k▲ 54.7%
2021: €72khighest in 5 years
2022: €30k▼ -57.8% vs 2021
2023: €15k▼ -49.3% vs 2022lowest in 5 years
2024: €40k▲ +163% vs 2023
2025: €63k▲ +54.7% vs 2024
Net result€55k-€23k▼ 59.0%€8k▼ 65.5%€27k▲ 246%€60k▲ 122%
2021: €55k
2022: €23k▼ -59.0% vs 2021
2023: €8k▼ -65.5% vs 2022lowest in 5 years
2024: €27k▲ +246% vs 2023
2025: €60k▲ +122% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 55% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235k
Fixed assets
€6k ▼ 68.7%
Current assets
€229k ▼ 9.5%
Equity and liabilities €235k
Equity
€224k =
Debt
€10k ▼ 78.2%
Debt's share of the balance-sheet total falls from 17.1% to 4.3%. Debt is lower.
Key figures and ratios
EBITDA
€71k▼
2024 · €71k
Cash flow
€68k▲
2024 · €58k
Current ratio
22.66▲
2024 · 5.46
Debt to equity
0.05▼
2024 · 0.21
ROE
26.7%▲
2024 · 12.0%
ROA
25.6%▲
2024 · 10.0%
Interest coverage
77.70▼
2024 · 153.61
Debt ≤ 1 year
€10k▼
2024 · €46k
Income taxes
€23k▲
2024 · €15k
Staff costs
€26k▲
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€271k€235k▼
Fixed assets21/28€18k€6k▼
Tangible fixed assets22/27€18k€6k▼
Land and buildings22€5k€5k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€11k€0▼
Current assets29/58€253k€229k▼
Amounts receivable within one year40/41€20k€19k▼
Trade receivables40€20k€16k▼
Other amounts receivable41€637€3k▲
Current investments50/53€205k€170k▼
Cash at bank and in hand54/58€23k€38k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€271k€235k▼
Equity10/15€224k€224k=
Contributions10/11€31k€31k=
Reserves13€194k€194k=
Distributable reserves133€194k€194k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€46k€10k▼
Amounts payable within one year42/48€46k€10k▼
Trade debts44€5k€1k▼
Suppliers440/4€5k€1k▼
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€9k€6k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€30k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€25k€26k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€8k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€98k€99k▲
Operating profit (loss)9901€40k€63k▲
Financial income75/76B€2k€21k▲
Recurring financial income75€2k€21k▲
Financial charges65/66B€463€910▲
Recurring financial charges65€463€910▲
Profit (loss) for the period before taxes9903€42k€83k▲
Income taxes67/77€15k€23k▲
Profit (loss) for the period9904€27k€60k▲
Profit (loss) for the period to be appropriated9905€27k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€60k▲
Transfer from equity791/2€30k€0▼
Transfer to equity691/2€27k€36▼
To other reserves6921€27k€36▼
Profit to be distributed694/7€30k€60k▲
Return on contributions (dividend)694€30k€60k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €22k | €26k | €25k | €25k | €26k | ▲ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €30k | €31k | €31k | €8k | ▼ 73.6% |
| Other operating charges640/8 | €2k | €2k | €2k | €2k | €3k | ▲ 53.1% |
| Gross operating margin9900 | €117k | €88k | €74k | €98k | €99k | ▲ 0.8% |
| Operating profit (loss)9901 | €72k | €30k | €15k | €40k | €63k | ▲ 54.7% |
| Financial income75/76B | €165 | €956 | €2k | €2k | €21k | ▲ 784% |
| Recurring financial income75 | €165 | €956 | €2k | €2k | €21k | ▲ 784% |
| Financial charges65/66B | €39 | €152 | €1k | €463 | €910 | ▲ 96.4% |
| Recurring financial charges65 | €39 | €152 | €1k | €463 | €910 | ▲ 96.4% |
| Profit (loss) for the period before taxes9903 | €72k | €31k | €17k | €42k | €83k | ▲ 95.1% |
| Income taxes67/77 | €17k | €8k | €9k | €15k | €23k | ▲ 47.5% |
| Profit (loss) for the period9904 | €55k | €23k | €8k | €27k | €60k | ▲ 122% |
| Profit (loss) for the period to be appropriated9905 | €55k | €23k | €8k | €27k | €60k | ▲ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €251k | €235k | €233k | €271k | €235k | ▼ 13.4% |
| Fixed assets21/28 | €76k | €76k | €44k | €18k | €6k | ▼ 68.7% |
| Tangible fixed assets22/27 | €76k | €76k | €44k | €18k | €6k | ▼ 68.7% |
| Land and buildings22 | - | €2k | €2k | €5k | €5k | ▼ 11.3% |
| Plant, machinery and equipment23 | €2k | €4k | €2k | €2k | €1k | ▼ 39.7% |
| Furniture and vehicles24 | €74k | €70k | €40k | €11k | €0 | ▼ 100% |
| Current assets29/58 | €175k | €159k | €189k | €253k | €229k | ▼ 9.5% |
| Amounts receivable within one year40/41 | €38k | €36k | €18k | €20k | €19k | ▼ 8.3% |
| Trade receivables40 | €38k | €28k | €13k | €20k | €16k | ▼ 19.0% |
| Other amounts receivable41 | - | €8k | €4k | €637 | €3k | ▲ 323% |
| Current investments50/53 | - | €60k | €60k | €205k | €170k | ▼ 17.1% |
| Cash at bank and in hand54/58 | €133k | €60k | €107k | €23k | €38k | ▲ 64.5% |
| Deferred charges and accrued income490/1 | €4k | €3k | €4k | €5k | €3k | ▼ 45.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €251k | €235k | €233k | €271k | €235k | ▼ 13.4% |
| Equity10/15 | €197k | €220k | €227k | €224k | €224k | = |
| Contributions10/11 | €31k | €31k | €31k | €31k | €31k | = |
| Reserves13 | €166k | €189k | €197k | €194k | €194k | = |
| Distributable reserves133 | €166k | €189k | €197k | €194k | €194k | = |
| Profit (loss) carried forward14 | €0 | €0 | - | €0 | €0 | - |
| Amounts payable17/49 | €54k | €15k | €6k | €46k | €10k | ▼ 78.2% |
| Amounts payable within one year42/48 | €54k | €15k | €6k | €46k | €10k | ▼ 78.2% |
| Trade debts44 | €2k | €2k | €1k | €5k | €1k | ▼ 70.3% |
| Suppliers440/4 | €2k | €2k | €1k | €5k | €1k | ▼ 70.3% |
| Taxes, remuneration and social security45 | €39k | €13k | €4k | €12k | €9k | ▼ 25.5% |
| Taxes450/3 | €39k | €8k | €1k | €9k | €6k | ▼ 35.8% |
| Remuneration and social security454/9 | - | €5k | €3k | €3k | €3k | ▲ 3.6% |
| Other amounts payable47/48 | €13k | €0 | - | €30k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55k | €23k | €8k | €27k | €60k | ▲ 122% |
| + Depreciation and write-downs630 | €22k | €30k | €31k | €31k | €8k | ▼ 73.6% |
| Operating cash flow (approximation) | €77k | €52k | €39k | €58k | €68k | ▲ 18.0% |
| Investment in fixed assets (approximation) | - | €-30k | €0 | €-4k | €4k | ▲ 202% |
| Change in cash | - | €-74k | €47k | €-84k | €15k | ▲ 118% |
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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 22.66
Current ratio from 5.46 to 22.66; short-term debt falls from €46k to €10k.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €8k ▼65.5%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 33.78
Current ratio from 10.49 to 33.78; short-term debt falls from €15k to €6k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 10.49
Current ratio from 3.25 to 10.49; short-term debt falls from €54k to €15k.
31-12
Financial
Equity above €200kEq €220k ▲11.5%
3 profitable years in a row build equity to €220k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €197k ▲37.4%
2 profitable years in a row build equity to €197k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Puurs-Sint-Amands · 1 establishment unit since 2019
Ground area
1,188 m²
Building footprint
153 m²
Volume, LiDAR
748 m³
Parcel 12030C0403/00K000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PVMD2
since 20192.290.817.425
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12030C0403/00K000 | Flanders | 1,188 m² | 1 · 153 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
COUSTEEL
BE 0764.862.519
Tournai · Eq €224,493
JELYS
BE 0848.188.190
Waregem · Eq €224,482
LUC VERBORGT
BE 0451.099.785
Mechelen · Eq €224,473
Andrea Radu
BE 0789.996.308
Mechelen · Eq €224,471
REGIONAL ECONOMIC & INNOVATION DYNAMICS CONSULTING
BE 0479.295.509
Ottignies-Louvain-la-Neuve · Eq €224,467
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,365 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
Founded26-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.