PSY BAVO
ActiveSummary
PSY BAVO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €3k. Equity is shrinking by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 89% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-30
Solvency100▲+23
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 4.05 against 2.16 in 2024; short-term debt: 18% and cash: 35.8% of total assets), and 18% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82%
Return on assets
8.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €27k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
16 d late
2022
10 d late
2021
30 d early
2020
66 d late
2019
54 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▲ 11.1%
2024 · €24k
2018: €218k
2019: €27k
2020: €14k
2021: €11k
2022: €10k
2023: €2k
2024: €24k
2018 → 2025
Total assets
€33k▼ 28.8%
2024 · €46k
2018: €261k
2019: €39k
2020: €28k
2021: €11k
2022: €10k
2023: €10k
2024: €46k
2018 → 2025
Net result
€3k▼ 87.9%
2024 · €22k
2018: €6k
2019: €-191k
2020: €-12k
2021: €-4k
2022: €-802
2023: €-8k
2024: €22k
2018 → 2025
Working capital
€18k▼ 24.2%
2024 · €24k
2018: €10k
2019: €25k
2020: €14k
2021: €11k
2023: €2k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€10k▼ 7.5%€2k▼ 80.6%€24k▲ 1,154%€27k▲ 11.1%
Operating result€-4k-€-763▲ 79.0%€-8k▼ 947%€23k€5k▼ 78.9%
Net result€-4k-€-802▲ 78.2%€-8k▼ 901%€22k€3k▼ 87.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€9k ▲ 389%
Current assets
€24k ▼ 46.0%
Equity and liabilities €33k
Equity
€27k ▲ 11.1%
Debt
€6k ▼ 73.0%
Debt's share of the balance-sheet total falls from 47.5% to 18.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6k▼
2024 · €23k
Cash flow
€4k▼
2024 · €22k
Current ratio
4.05▲
2024 · 2.16
Debt to equity
0.22▼
2024 · 0.90
ROE
10.0%▼
2024 · 92.0%
ROA
8.2%▼
2024 · 48.3%
Interest coverage
4.87▼
2024 · 377.26
Debt ≤ 1 year
€6k▼
2024 · €21k
Income taxes
€919▲
2024 · €469
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€46k€33k▼
Fixed assets21/28€2k€9k▲
Tangible fixed assets22/27€2k€9k▲
Plant, machinery and equipment23€2k€7k▲
Furniture and vehicles24€309€1k▲
Assets under construction and advance payments27-€938
Current assets29/58€44k€24k▼
Amounts receivable within one year40/41€4k€11k▲
Trade receivables40€4k€9k▲
Other amounts receivable41€531€2k▲
Cash at bank and in hand54/58€39k€12k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€46k€33k▼
Equity10/15€24k€27k▲
Contributions10/11€19k€19k=
Reserves13€4k€4k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Profit (loss) carried forward14€2k€5k▲
Amounts payable17/49€22k€6k▼
Amounts payable within one year42/48€21k€6k▼
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Advances received on contracts in progress46€14k-
Taxes, remuneration and social security45€90€432▲
Taxes450/3€90€432▲
Other amounts payable47/48€5k€137▼
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159€1k▲
Other operating charges640/8€393€501▲
Non-recurring operating charges66A-€309
Gross operating margin9900€23k€7k▼
Operating profit (loss)9901€23k€5k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€61€1k▲
Recurring financial charges65€61€1k▲
Profit (loss) for the period before taxes9903€23k€4k▼
Income taxes67/77€469€919▲
Profit (loss) for the period9904€22k€3k▼
Profit (loss) for the period to be appropriated9905€22k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€5k▲
Profit (loss) brought forward from the previous period14P€-20k€2k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after 5 loss-making years.
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 38current ratio 77.32
Current ratio from 2.05 to 77.32; short-term debt falls from €14k to €141.
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 66 days late
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
31-12
Financial
Weakest financial yearnet €-191k ▼3338%
Net result drops to €-191k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.13
Current ratio from 1.44 to 3.13; short-term debt falls from €24k to €12k.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Drootbeekstraat 1471020 BrusselGround area
3,720 m²
Building footprint
1,050 m²
Volume, LiDAR
9,070 m³
2 parcels, Brussels, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Geraardsbergsestraat 139, 1703 Dilbeek
since 19912.054.623.514
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0044/00C003 | Brussels | 3,097 m² | 1 · 931 m² | 13.6 m · 3 fl. |
| 23070A0257/00N000 | Flanders | 623 m² | 1 · 119 m² | 3.7 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CABONA
BE 0883.033.857
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MA CONSTRUCT
BE 0805.010.819
Lummen · Eq €26,872
ALMABO
BE 0778.786.670
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ELIHAUSE
BE 0538.828.961
Sint-Agatha-Berchem · Eq €26,865
GIU & RENOVATION
BE 0793.246.501
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,229 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-1991
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.