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Active
BE 0434.254.053Public limited company
PETRIVO
Hooghuisweg 12 ·2860 Sint-Katelijne-Waver, Belgium· 38 yrs active
Sector: Growing of vegetables, melons, roots and tubers
(01130)
Conclusion
PETRIVO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.58M and a net result of €-85k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 1680 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €1.58M |
| Net result | €-85k |
| Better than sector | 45% |
| Active | 38 yrs |
Financial profile
54
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
53
Profitability
0
Solvency
85
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1988, 38 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
53
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€85k
estimate, not credit advice
Score history
48
2022
63
2023
61
2024
53
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 4.37 (≥ 1.5)
+10
Quick ratio
Quick ratio 0.24 (< 0.6)
-5
Leverage
Debt/equity 1.32 (< 2.0)
+3
Profitability
Negatieve ROE -5%
-10
Interest coverage
Interest coverage 4.8× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 06-10-2025 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~4.5%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 01, Crop and animal production, hunting and related service activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 38.4% | 42.0% | |
| Net result | €-85k | €61k | |
| Equity | €1.58M | €626k | |
| Gross operating margin | €167k | €338k | |
| Total assets | €4.12M | €1.74M |
€150k
-1.7%
22-25
€-85k
-48.4%
22-25
€169k
-12.0%
22-25
€4.12M
-2.8%
22-25
€1.58M
-5.1%
22-25
€977k
+8.0%
22-25
€9k
-13.1%
22-25
€2.09M
+0.8%
22-25
€290k
+13.6%
22-25
€1.80M
-1.0%
22-25
4.37
-3.8%
22-25
0.24
-26.4%
22-25
38.4%
-2.3%
22-25
1.32
+6.2%
22-25
-5.4%
-56.4%
22-25
-2.1%
-52.8%
22-25
4.85
-27.5%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €150k | €153k | €156k | €-77k |
| Net profit | €-85k | €-57k | €-58k | €-19k |
| Cash flow | €169k | €192k | €191k | €161k |
| Staff costs | - | - | - | - |
| Income taxes | €9k | €10k | €9k | €9k |
| Dividends | - | - | - | - |
| Total assets | €4.12M | €4.24M | €4.08M | €4.77M |
| Equity | €1.58M | €1.67M | €1.74M | €1.82M |
| Debt | €2.09M | €2.07M | €1.77M | €2.34M |
| of which ≤ 1y | €290k | €255k | €241k | €355k |
| of which > 1y | €1.80M | €1.82M | €1.53M | €1.98M |
| Working capital | €977k | €905k | €958k | €1.29M |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 4.37 | 4.54 | 4.98 | 4.63 |
| Quick ratio | 0.24 | 0.33 | 1.15 | 1.51 |
| Working capital ratio | 23.7% | 21.3% | 23.5% | 27.0% |
| Solvency | 38.4% | 39.3% | 42.8% | 38.2% |
| Debt / equity | 1.32 | 1.24 | 1.02 | 1.28 |
| Long-term debt ratio | 1.14 | 1.09 | 0.88 | 1.09 |
| Interest coverage | 4.85 | 6.68 | 4.77 | -2.89 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -2.1% | -1.3% | -1.4% | -0.4% |
| ROE | -5.4% | -3.4% | -3.3% | -1.1% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €4.12M | €4.24M | €4.08M | €4.77M |
| Fixed assets | 21/28 | €2.86M | €3.09M | €2.88M | €3.13M |
| Tangible fixed assets | 22/27 | €2.42M | €2.65M | €2.88M | €3.13M |
| Financial fixed assets | 28 | €440k | €440k | - | - |
| Current assets | 29/58 | €1.27M | €1.16M | €1.20M | €1.64M |
| Stocks & contracts in progress | 3 | €1.20M | €1.08M | €921k | €1.11M |
| Amounts receivable within one year | 40/41 | €24k | €34k | €53k | €48k |
| Cash & bank | 54/58 | €44k | €50k | €225k | €210k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.12M | €4.24M | €4.08M | €4.77M |
| Equity | 10/15 | €1.58M | €1.67M | €1.74M | €1.82M |
| Contributions / capital | 10/11 | €77k | €77k | €77k | €77k |
| Reserves | 13 | €1.51M | €1.59M | €1.65M | €1.70M |
| Provisions & deferred taxes | 16 | €453k | €506k | €558k | €611k |
| Amounts payable | 17/49 | €2.09M | €2.07M | €1.77M | €2.34M |
| Amounts payable after one year | 17 | €1.80M | €1.82M | €1.53M | €1.98M |
| Amounts payable within one year | 42/48 | €290k | €255k | €241k | €355k |
| Trade debts payable within one year | 44 | €59k | €22k | €13k | €136k |
| Income statement | |||||
| Gross operating margin | 9900 | €167k | €166k | €186k | €13k |
| Operating result | 9901 | €-104k | €-96k | €-93k | €-257k |
| Financial income | 75 | €2k | €19k | €24k | €46k |
| Financial charges | 65 | €31k | €23k | €33k | €26k |
| Result before taxes | 9903 | €-129k | €-100k | €-101k | €-49k |
| Income taxes | 67/77 | €9k | €10k | €9k | €9k |
| Net result for the period | 9904 | €-85k | €-57k | €-58k | €-19k |
| Result to be appropriated | 9905 | €17k | €45k | €45k | €56k |
Legal Structure
| NACE primary | Growing of vegetables, melons, roots and tubers(01130) |
| Legal form | Public limited company(014) |
| Incorporation | 06-05-1988 |
| Status | Active |
| Postal code | 2860 |
Establishment units
Hooghuisweg 12, 2860 Sint-Katelijne-Waver
since 19882.038.259.812
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0465/00D000 | Flanders | 1.5 ha | 1 · 6,588 m² | 9.5 m |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-85k
Net result drops to €-85k, the lowest in the series.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
01121Growing of vegetables, melons, roots and tubers0113001122Growing of flowers01191Wholesale trade46220Wholesale of fruit and vegetables, excluding potatoes46319Retail sale of fruit and vegetables47210Retail sale of flowers, plants, seeds and fertilisers477615131052483
Names & trade names
| Legal nameNL | PETRIVO |
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