Skip to content

PVSolutions

Active
Private limited companyfounded 2023active for 2 yearsFosselstraat 3, 1790 Affligem, BelgiumKBO/BCE: BE 1003.005.833
Summary

PVSolutions has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159,838 and a net result of €78,439. Its solvency ranks better than 82% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 05-12-2023 Normal situation
Activity
Computer consultancy and computer facilities management NACE 62200and 4 others
Establishment unit
2.352.600.881 1790 Affligem, since 05-12-2023
Financial year end
31 December
Peppol
Reachable since 20-09-2025

Board and ownership

Board
  • Vanbossuyt PieterDirector

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€99,804
=
Turnover
≈ €190,000
estimated
Profit
€78,439
▼ 0.6%
Equity
€159,838
▲ 96.4%
Total assets
€187,646
▲ 70.8%
Score breakdownlowers riskLiquidity: current ratio 6.54, cash €155,388Sector: Computer programming, consultancy and related activities (NACE 62)Equity €159,838 (85.2% of total assets)Size: total assets €187,646Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 86% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Strong
Solvency 100+1
equity 85.2% of total assets
Liquidity 97+7
short-term debt 14.8% · cash 82.8%
Profitability 100=
return on assets 41.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (25,913 companies, NACE 62, micro)
Last 24 months 01-2025: 0.4% 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025highest value 06-2025: 0.4%● unchanged vs 05-2025highest value 07-2025: < 0.1%▼ -0.4 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €15,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 6.54 (3.74 in 2024), above the usual 1.5. Short-term debt is 14.8% and cash 82.8% of total assets. 14.8% 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 62, micro). It does better than 85% of them on solvency, 88% on liquidity, 82% on profitability and 89% on growth.

The bankruptcy probability was computed on 02-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 6.54, cash €155,388
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €159,838 (85.2% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €187,646
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 · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 04-06-2026, 57 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
57 days early
2024
41 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 49 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 04-06-2026 PDF all 2 filings

Turnover
≈ €190,000
Estimated: probably between €170,000 and €250,000
Total assets
€187,646▲ 70.8%
2024 · €109,873
Net result
€78,439▼ 0.6%
2024 · €78,899
Working capital
€153,919▲ 97.1%
2024 · €78,103
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€98,953
▼ 0.4% 2025
20242025
Net result
€78,439
▼ 0.6% 2025
highest quarter of the sector
20242025
Equity
€159,838
▲ 96.4% 2025
highest quarter of the sector
20242025
Total assets
€187,646
▲ 70.8% 2025
middle half of the sector
20242025
Debt
€27,808
▼ 2.3% 2025
20242025
Working capital
€153,919
▲ 97.1% 2025
highest quarter of the sector
20242025
Solvency
85.2%
▲ 11.1pp 2025
highest quarter of the sector
20242025
Current ratio
6.54
▲ 2.79 2025
highest quarter of the sector
20242025
Return on assets (ROA)
41.8%
▼ 30.0pp 2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€99,305-€98,953▼ 0.4%
Net result€78,899above the sector's middle half-€78,439above the sector's middle half▼ 0.6%
Equity€81,399within the sector's middle half-€159,838above the sector's middle half▲ 96.4%
Total assets€109,873within the sector's middle half-€187,646within the sector's middle half▲ 70.8%
Debt€28,474-€27,808▼ 2.3%
Working capital€78,103within the sector's middle half-€153,919above the sector's middle half▲ 97.1%
Solvency74.1%within the sector's middle half-85.2%above the sector's middle half▲ 11.1pp
Current ratio3.74within the sector's middle half-6.54above the sector's middle half▲ 2.79
Return on assets (ROA)71.8%above the sector's middle half-41.8%above the sector's middle half▼ 30.0pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 0% lower than in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187,199
Fixed assets €5,472 ▲ 103%
Current assets €181,727 ▲ 70.5%
Equity and liabilities €187,646
Equity €159,838 ▲ 96.4%
Debt €27,808 ▼ 2.3%
Debt's share of the balance-sheet total falls from 25.9% to 14.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€99,804▲
2024 · €99,742
Cash flow
€79,291▼
2024 · €79,336
Debt to equity
0.17▼
2024 · 0.35
ROE
49.1%▼
2024 · 96.9%
Interest coverage
over 100
Debt ≤ 1 year
€27,808▼
2024 · €28,474
Income taxes
€20,375▼
2024 · €20,406
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets€2,965€3,475
Depreciation and write-downs of the year€437€851

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€109,873€187,646▲
Formation expenses20€601€447▼
Fixed assets21/28€2,695€5,472▲
Tangible fixed assets22/27€2,695€5,472▲
Plant, machinery and equipment23€376€1,658▲
Furniture and vehicles24€2,318€3,814▲
Current assets29/58€106,577€181,727▲
Amounts receivable within one year40/41€5,929€25,265▲
Trade receivables40€5,929€25,265▲
Cash at bank and in hand54/58€99,607€155,388▲
Deferred charges and accrued income490/1€1,042€1,074▲
Equity and liabilities
Total equity and liabilities10/49€109,873€187,646▲
Equity10/15€81,399€159,838▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€78,899€157,338▲
Amounts payable17/49€28,474€27,808▼
Amounts payable within one year42/48€28,474€27,808▼
Trade debts44€1,437€882▼
Suppliers440/4€1,437€882▼
Taxes, remuneration and social security45€27,037€26,582▼
Taxes450/3€27,037€26,582▼
Other amounts payable47/48-€344
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€437€851▲
Other operating charges640/8€50-
Gross operating margin9900€99,792€99,804=
Operating profit (loss)9901€99,305€98,953▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B-€139
Recurring financial charges65-€139
Profit (loss) for the period before taxes9903€99,305€98,814▼
Income taxes67/77€20,406€20,375▼
Profit (loss) for the period9904€78,899€78,439▼
Profit (loss) for the period to be appropriated9905€78,899€78,439▼
Appropriation of the result
Profit (loss) to be appropriated9906€78,899€157,338▲
Profit (loss) brought forward from the previous period14P-€78,899

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 04-06-2026.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€437€851▲ 94.7%
Other operating charges640/8€50--
Gross operating margin9900€99,792€99,804=
Operating profit (loss)9901€99,305€98,953▼ 0.4%
Financial income75/76B€0--
Recurring financial income75€0--
Financial charges65/66B-€139-
Recurring financial charges65-€139-
Profit (loss) for the period before taxes9903€99,305€98,814▼ 0.5%
Income taxes67/77€20,406€20,375▼ 0.2%
Profit (loss) for the period9904€78,899€78,439▼ 0.6%
Profit (loss) for the period to be appropriated9905€78,899€78,439▼ 0.6%
Line20242025Change
Assets
Total assets20/58€109,873€187,646▲ 70.8%
Formation expenses20€601€447▼ 25.6%
Fixed assets21/28€2,695€5,472▲ 103%
Tangible fixed assets22/27€2,695€5,472▲ 103%
Plant, machinery and equipment23€376€1,658▲ 341%
Furniture and vehicles24€2,318€3,814▲ 64.5%
Current assets29/58€106,577€181,727▲ 70.5%
Amounts receivable within one year40/41€5,929€25,265▲ 326%
Trade receivables40€5,929€25,265▲ 326%
Cash at bank and in hand54/58€99,607€155,388▲ 56.0%
Deferred charges and accrued income490/1€1,042€1,074▲ 3.1%
Equity and liabilities
Total equity and liabilities10/49€109,873€187,646▲ 70.8%
Equity10/15€81,399€159,838▲ 96.4%
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€78,899€157,338▲ 99.4%
Amounts payable17/49€28,474€27,808▼ 2.3%
Amounts payable within one year42/48€28,474€27,808▼ 2.3%
Trade debts44€1,437€882▼ 38.6%
Suppliers440/4€1,437€882▼ 38.6%
Taxes, remuneration and social security45€27,037€26,582▼ 1.7%
Taxes450/3€27,037€26,582▼ 1.7%
Other amounts payable47/48-€344-
Line20242025Change
Profit (loss) for the period9904€78,899€78,439▼ 0.6%
+ Depreciation and write-downs630€437€851▲ 94.7%
Operating cash flow (approximation)€79,336€79,291▼ 0.1%
Investment in fixed assets (approximation)--€3,629-
Change in cash-€55,781-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as PVSolutions has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.8% was still going
2.3% stopped otherwise
1.8% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of PVSolutions itself is lower: < 0.1% within 12 months. It rests on far more data about PVSolutions than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for PVSolutions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 04-06-2026 2026-00136984 PDF
31-12-2024 micro format 20-06-2025 2025-00156939 PDF

Board & ownership

Directors

Directors
1 director
Vanbossuyt Pieter
Director · listed in the 2024 annual accounts, filed on 20-06-2025
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 07-12-2023

Owners and capital

Shareholders

At incorporation act of 07-12-2023 ↗
  • VANBOSSUYT Pieter 100 shares (100%) · €2,500

Capital transactions

Capital over time
  1. 07-12-2023 Incorporation · €2,500 · 100 shares

Network & group

PVSolutions shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of PVSolutions. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
04-06
NBB filing Annual accounts 2025 filedPDF
micro format · 57 days before the deadline
2025
31-12
Financial Equity above €150,000equity €159,838 ▲96.4%
With a profit in every financial year since 2024, equity grows to €159,838.
20-06
NBB filing Annual accounts 2024 filedPDF
micro format · 41 days before the deadline
2023
07-12
Gazette deed Incorporation
Starting capital €2,500 · Founder · Bank account5 points ▸
  • Incorporation, “PVSolutions” (deed in Dutch)
  • Founder, VANBOSSUYT Pieter
  • Founding capital, €2,500
  • Bank account, 2500, “vennootschap in oprichting” (deed in Dutch)
  • Other provision, “beschikking over vermogen”, 2500 (deed in Dutch)

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

PVSolutions was incorporated on 5 December 2023 as a private limited company by one natural person, with a starting capital of €2,500.12 Vanbossuyt Pieter is director of the company according to the 2024 annual accounts.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-12-2023
  3. 3National Bank, annual accounts 2024
  4. 4National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name PVSolutions in Dutch
Enterprise number 1003.005.833
Legal form Private limited company
Status Active, normale toestand
Founded 05-12-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-12-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 07-12-2023 (in Dutch)

Registered office and establishments

Registered office Fosselstraat 3, 1790 Affligem, Belgium
Establishment unit pvsolutions, Fosselstraat 3, 1790 Affligem since 05-12-2023 · unit number 2.352.600.881

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
47632 Retail sale of bicycles
62100 Computer programming
85599 Other education
95290 Repair and maintenance of other personal and household goods
Codes under NACEBEL 2008
62020 IT consultancy main activity
47785 Retail trade
62010 Computer programming, consultancy and related activities
85599 Other education
95290 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
PurposeThe purpose describes the activities the company may carry out under its articles.
“Consultancy; IT consultancy; Advies; IT advies; Architectuur; IT architectuur; IT as a service / Managed services IT; Software as a service…”
22 activities
  1. Consultancy
  2. IT consultancy
  3. Advies
  4. IT advies
  5. Architectuur
  6. IT architectuur
  7. IT as a service / Managed services IT
  8. Software as a service
  9. Software development
  10. Software
  11. Webdesign, SEO, social media marketing, online marketing
  12. Webshop
  13. IT webshop
  14. Winkel
  15. Computerwinkel
  16. Herstellen van computers
  17. Opzetten van WiFi netwerken en herstellen
  18. Drone oplossingen, consultancy & services
  19. Artificiële intelligentie oplossingen, consultancy en services
  20. Elektrieker
  21. (Electric) bike repair, bike (web) shop
  22. 3D printing oplossingen, consultancy en services
deed of 07-12-2023 (in Dutch)

Invoicing and payment

VAT number BE 1003.005.833
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1003005833
Other Peppol ID 9925:BE1003005833
Registered 20-09-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Wanneer het door de wet vereist is en binnen de wettelijke grenzen, wordt het toezicht op de vennootschap toevertrouwd aan één of meerdere…”
deed of 07-12-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
173 m²
Building footprint
78 m²
Building volume
409 m³
Cadastral parcel Region Area Buildings Height / floors
23030B0463/00S003 Flanders 173 m² 1 · 78 m² 7.1 m · 2