Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PLV MOTOR from Gerpinnes, company number BE0479188017, closed financial year 2025 with a result of € 393,776 after tax. For that financial year PLV MOTOR recorded revenue of € 21 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 615,069 to € 393,776. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 1.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 393,776
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 174,762
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
20.7
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 7% vs 2024
€ 50,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 26,131
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 969,129
▼ 49% vs 2024
€ 136,767 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4.4 million
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.
€ 116,830
▼ 57% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,450,027 | € 22,374,271 | € 24,884,655 | € 21,018,890 | ▼ 16% |
| Profit after taxes | € 30,180 | € 710,599 | € 615,069 | € 393,776 | ▼ 36% |
| Equity | € 827,273 | € 1,337,872 | € 1,552,941 | € 1,546,716 | |
| Total debts | € 5,095,390 | € 8,443,221 | € 5,996,873 | € 6,163,002 | ▲ 3% |
| Cash | € 313,878 | € 606,559 | € 183,246 | € 174,762 | ▼ 5% |
| Land & buildings | € 222,950 | € 0 | - | - | |
| Retained profit | € 629,673 | € 1,140,272 | € 1,355,341 | € 1,349,116 | |
| Dividend | € 100,000 | € 200,000 | € 400,000 | € 400,000 | |
| Bank debt | € 1,583,743 | € 1,692,498 | € 1,895,686 | € 969,129 | ▼ 49% |
| Balance sheet total | € 5,922,663 | € 9,781,093 | € 7,549,813 | € 7,709,718 | ▲ 2% |
| Employees (FTE) | 23 | 23.2 | 20.4 | 20.7 | ▲ 0.3 |
Key figures of PLV MOTOR, 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 PLV MOTOR?
What happened at PLV MOTOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 393,776 (▼ 36% vs 2024). Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,180 profit in 2022 to € 393,776 profit in 2025.
Paid € 677,393 in corporate taxes since 2022.
Best year ever: 2023, with € 710,599 profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
Behind PLV MOTOR is OLNESS SRL. The shares are held by OLNESS SRL (100%).
Directors
According to the 2025 annual accounts
Director · represented by Pesalovo Olivier
Also active at: FIZAINE, PLV IMMO, FIZAINE IMMO
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Trieu Gilson(JON) 41
6280 Gerpinnes
Rue de Montigny 181
6000 Charleroi
Active since 20 January 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.188.017
- VAT number
- BE 0479.188.017
- Registered office
- Rue du Trieu Gilson(JON) 41, 6280 Gerpinnes
- Names & denominations
- PLV MOTOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2002
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)