Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PV Worx from Bilzen-Hoeselt, company number BE0662513859, closed financial year 2025 with a result of € -117,991 after tax. For that financial year PV Worx recorded a gross margin of € 61,418 and equity of € -271,542. Compared with financial year 2024, the result moved from € 12,221 to € -117,991. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ -271,542
▼ € 117,991 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -117,991
▼ still € 12,221 profit in 2024
Profit after tax over the fiscal year.
€ 1,656
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -421,542.
People and assets in 2025
€ 165,116
▼ 57% vs 2024
Of which on lease € 165,116.
Debts at end 2025
€ 205,262
▼ 59% vs 2024
€ 141,727 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 97,137
▲ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 637,191 | € 587,387 | € 521,088 | € 61,418 | ▼ 88% |
| Profit after taxes | € -292,705 | € -186,734 | € 12,221 | € -117,991 | ▼ € 130,213 |
| Equity | € 20,962 | € -165,772 | € -153,550 | € -271,542 | ▼ € 117,991 |
| Total debts | € 2,005,390 | € 1,506,822 | € 1,077,932 | € 663,062 | ▼ 38% |
| Cash | € 4,655 | € 1,031 | € 1,219 | € 1,656 | ▲ 36% |
| Retained profit | € -129,038 | € -315,772 | € -303,550 | € -421,542 | ▼ € 117,991 |
| Bank debt | € 1,127,759 | € 829,117 | € 495,571 | € 205,262 | ▼ 59% |
| Balance sheet total | € 2,026,352 | € 1,341,050 | € 924,381 | € 391,520 | ▼ 58% |
Key figures of PV Worx, 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 PV Worx?
What happened at PV Worx in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 117,991 (▼ € 130,213 vs 2024). Source: NBB ↗
- New establishment in Bilzen-Hoeselt. KBO
- Start of the company according to the CBE. KBO
- D&A CommV became a director. NBB
In short
From € 292,705 loss in 2022 to € 117,991 loss in 2025.
Best year ever: 2024, with € 12,221 profit.
A new publication or filing at PV Worx? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PV Worx is D&A CommV. D&A CommV is also behind Guanxi-Invest, Ladderfabriek Petry, Industry Parts Limburg, BieseGek and Petry Techniek.
Directors
According to the 2025 annual accounts
Director · represented by Ivo Palmaers
Also active at: Guanxi-Invest, Ladderfabriek Petry, Industry Parts Limburg, BieseGek, Petry Techniek, GEVA, Immo Palmaers, Palmaers Vakhandel +8 more
since 2016
Establishments
Establishment units
Physical locations of this company
Tongersestraat 94
3740 Bilzen-Hoeselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Guanxi-Invest same network
€ 288,180 gross margin · 2025
BieseGek same network
€ -1,914 gross margin · 2025
Immo Palmaers same network
€ 1.1 million gross margin · 2025
Palmaers Vakhandel same network
€ 10.7 million revenue · 2025
PALMAERS VERHUUR same network
€ 2 million gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0662.513.859
- VAT number
- BE 0662.513.859
- Registered office
- Tongersestraat 94, 3740 Bilzen-Hoeselt
- Names & denominations
- PV Worx
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 2016
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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