Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PVRD from Oud-Heverlee, company number BE0464562197, closed financial year 2025 with a result of € 79,387 after tax. For that financial year PVRD recorded a gross margin of € 187,812 and equity of € 353,239. Compared with financial year 2024, the result moved from € 33,280 to € 79,387. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.
€ 353,239
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,387
▲ 139% vs 2024
Profit after tax over the fiscal year.
€ 31,678
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 176,941.
People and assets in 2025
€ 5,719
▲ 101% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 71,019
▼ 29% vs 2024
€ 29,671 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,182
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,445
▲ € 24,498 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 110,527 | € 117,283 | € 136,505 | € 187,812 | ▲ 38% |
| Profit after taxes | € 12,129 | € 14,807 | € 33,280 | € 79,387 | ▲ 139% |
| Equity | € 274,974 | € 289,781 | € 273,852 | € 353,239 | ▲ 29% |
| Total debts | € 523,904 | € 459,000 | € 409,753 | € 183,313 | ▼ 55% |
| Cash | € 12,989 | € 33,563 | € 27,391 | € 31,678 | ▲ 16% |
| Land & buildings | € 764,950 | € 694,467 | € 642,316 | € 473,605 | ▼ 26% |
| Retained profit | € 98,676 | € 113,484 | € 97,554 | € 176,941 | ▲ 81% |
| Dividend | € 0 | € 0 | € 49,209 | € 0 | ▼ 100% |
| Bank debt | € 268,818 | € 185,172 | € 99,760 | € 71,019 | ▼ 29% |
| Balance sheet total | € 798,877 | € 748,781 | € 683,604 | € 536,552 | ▼ 22% |
Key figures of PVRD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PVRD?
What happened at PVRD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 79,387 (▲ 139% vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,129 profit in 2022 to € 79,387 profit in 2025.
Paid € 65,752 in corporate taxes since 2022.
Best year ever: 2025, with € 79,387 profit.
Paid out € 49,209 in dividends to the owners in total.
Management
Behind PVRD is Rafael Dequeker. Rafael Dequeker is also behind OptiDrive and HASSELBROEK.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Groenstraat 60
3050 Oud-Heverlee
Platte Lostraat 40
3010 Leuven
Active since 20 November 1998
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.562.197
- VAT number
- BE 0464.562.197
- Registered office
- Groenstraat 60, 3050 Oud-Heverlee
- Names & denominations
- PVRD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 1998
- Peppol
- Active · Active since 19 Feb 2025
- Activities · NACE
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Technische studiën en ingenieursactiviteiten