ACTIVE

PTVL

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Financial year 2025 · closed on 31/12/2025

Net result

59,7 k €

-76.6% YoY

Gross margin

226,4 k €

-44.6% YoY

Equity

2,9 M €

-58.1% YoY

What does PTVL do?

PTVL is a Public limited company incorporated in 1969. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Wetteren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0406.875.804

Incorporation

01/10/1969

Legal form

Public limited company

Registered office

Kalkensteenweg 21 box A
9230 Wetteren · FlandreSee on map

Contributed capital

1 053 336,06 €

Latest accounts

31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	226,4 k €	-44.6%	408,8 k €	+1.1%	404,3 k €	+7.7%	375,5 k €	-4.2%	392 k €	+5.2%	372,5 k €	-12.7%	426,5 k €	-1.7%	434 k €	-0.5%	436 k €	+2.2%	426,8 k €	-0.9%	430,6 k €	-1.1%	435,5 k €	-0.5%	437,5 k €	+2.6%	426,6 k €	-1.4%	432,4 k €	+50.8%	286,8 k €	-0.6%	288,6 k €	-3.2%	298,2 k €
EBITDA	164,4 k €	-52.9%	348,7 k €	+0.6%	346,5 k €	+7.4%	322,7 k €	-5.2%	340,4 k €	+10.0%	309,5 k €	-15.2%	365,1 k €	-0.2%	365,9 k €	+0.5%	364,1 k €	+2.5%	355,1 k €	-2.0%	362,3 k €	-1.2%	366,7 k €	-1.3%	371,4 k €	+3.6%	358,6 k €	-3.7%	372,2 k €	+55.2%	239,9 k €	-1.6%	243,7 k €	-44.4%	438,5 k €
Operating result	55,8 k €	-75.2%	225,1 k €	+34.3%	167,6 k €	+20.7%	138,9 k €	-12.5%	158,7 k €	+13.9%	139,4 k €	-25.5%	187,1 k €	-12.1%	212,9 k €	-2.9%	219,3 k €	+7.6%	203,9 k €	-2.7%	209,4 k €	-1.6%	212,9 k €	-1.0%	215 k €	+8.2%	198,7 k €	-3.9%	206,7 k €	+2132%	9,3 k €	-77.0%	40,3 k €	-78.9%	190,5 k €
Net result	59,7 k €	-76.6%	255,4 k €	+59.6%	160 k €	+18.8%	134,6 k €	-12.2%	153,3 k €	+8.7%	141 k €	-26.1%	190,7 k €	-13.6%	220,8 k €	-0.3%	221,6 k €	+3.7%	213,6 k €	+3.7%	205,9 k €	+1.0%	204 k €	+0.3%	203,4 k €	+10.4%	184,3 k €	-13.8%	213,8 k €	+742%	25,4 k €	-55.5%	57,1 k €	-74.1%	220,9 k €
Balance sheet
Equity	2,9 M €	-58.1%	6,8 M €	+3.9%	6,6 M €	+2.5%	6,4 M €	+2.1%	6,3 M €	+5.3%	6 M €	+2.4%	5,8 M €	+3.4%	5,6 M €	+4.1%	5,4 M €	+4.3%	5,2 M €	+4.3%	5 M €	+4.3%	4,8 M €	+4.5%	4,6 M €	+4.7%	4,4 M €	+4.4%	4,2 M €	+5.4%	4 M €	+31.2%	3 M €	+1.9%	3 M €
Total assets	2,9 M €	-58.7%	6,9 M €	+3.7%	6,7 M €	+2.4%	6,5 M €	+1.9%	6,4 M €	+5.7%	6 M €	-0.2%	6,1 M €	+0.6%	6 M €	+1.6%	5,9 M €	+2.6%	5,8 M €	+1.3%	5,7 M €	+0.3%	5,7 M €	+1.5%	5,6 M €	-0.2%	5,6 M €	+0.8%	5,6 M €	-0.2%	5,6 M €	+50.1%	3,7 M €	-6.6%	4 M €
Cash	179,5 k €	-83.0%	1,1 M €	+40.1%	753,6 k €	-67.9%	2,3 M €	+12.7%	2,1 M €	+1038%	183,3 k €	-35.0%	282,2 k €	+270%	76,4 k €	-82.2%	428,8 k €	+0.9%	424,9 k €	+6.3%	399,6 k €	+32.2%	302,4 k €	+109%	144,8 k €	+92.3%	75,3 k €	-53.8%	162,8 k €	+21.2%	134,4 k €	+124%	59,9 k €	+131%	25,9 k €
Debts	1,6 k €	-98.3%	92,6 k €	-7.5%	100,1 k €	+9.4%	91,5 k €	+0.5%	91,1 k €	+224%	28,1 k €	-72.9%	103,7 k €	-57.8%	245,8 k €	-31.2%	357,2 k €	-15.0%	420 k €	-23.4%	548,3 k €	-24.3%	723,9 k €	-19.4%	898,1 k €	-16.5%	1,1 M €	-11.1%	1,2 M €	-16.4%	1,4 M €	+191%	498,1 k €	-35.0%	765,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 24 ended

Active mandates

Anne Catherine Froidbise

Director · since 30 juin 2025 · until 09 mai 2028

Active

Claude Froidbise

Director · since 30 juin 2025 · until 09 mai 2028

Active

delta T

Director · since 30 juin 2025 · until 09 mai 2028 · 0832.175.470

Represented by Tim Berckmoes

Active

SFD

Director · since 30 juin 2025 · until 09 mai 2028 · 1021.026.156

Represented by Diederik De Lentdecker

Active

Ended mandates

HOLDING GEERT VAN LANDUYT

Managing director · since 30 juin 2023 · until 08 mai 2029 · 0476.309.491

Represented by Geert Van Landuyt

Ended

HOLDING GEERT VAN LANDUYT

Managing director · since 30 juin 2023 · until 08 mai 2029 · 0476.309.491

Represented by Geert Van Landuyt

Ended

Steven Van Landuyt

Director · since 30 juin 2023 · until 08 mai 2029

Ended

HOLDING GEERT VAN LANDUYT

Managing director · since 09 mai 2017 · until 09 mai 2023 · 0476.309.491

Represented by Geert Van Landuyt

Ended

At this address

Other companies at this address

Company	CBE no.
btw eenheid groep van landuyt● Active	0894.187.174
TOELEVERINGSBEDRIJF VAN LANDUYT● Active	0436.191.083

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/07/2026	15/05/2025	21/05/2024	12/07/2023	27/06/2022	03/06/2021
General meeting	30/06/2026	13/05/2025	14/05/2024	30/06/2023	09/06/2022	11/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	26/07/2026	Dutch	PDF
Abridged model	31/12/2024	13/05/2025	15/05/2025	Dutch	PDF
Abridged model	31/12/2023	14/05/2024	21/05/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	12/07/2023	Dutch	PDF
Abridged model	31/12/2021	09/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/05/2021	03/06/2021	Dutch	PDF
Abridged model	31/12/2019	12/05/2020	08/06/2020	Dutch	PDF
Abridged model	31/12/2018	14/05/2019	16/05/2019	Dutch	PDF
Abridged model	31/12/2017	08/05/2018	08/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/05/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	10/05/2016	14/07/2016	Dutch	PDF
Abridged model	31/12/2014	12/05/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	18/06/2013	15/07/2013	Dutch	PDF
Abridged model	31/12/2011	08/05/2012	24/05/2012	Dutch	PDF
Abridged model	31/12/2010	28/06/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	11/05/2010	11/06/2010	Dutch	PDF
Abridged model	31/12/2008	28/07/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	13/05/2008	20/05/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	16/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 24 ended

Active mandates

Anne Catherine Froidbise

Director · since 30 juin 2025 · until 09 mai 2028

Active

Claude Froidbise

Director · since 30 juin 2025 · until 09 mai 2028

Active

delta T

Director · since 30 juin 2025 · until 09 mai 2028 · 0832.175.470

Represented by Tim Berckmoes

Active

SFD

Director · since 30 juin 2025 · until 09 mai 2028 · 1021.026.156

Represented by Diederik De Lentdecker

Active

Ended mandates

HOLDING GEERT VAN LANDUYT

Managing director · since 30 juin 2023 · until 08 mai 2029 · 0476.309.491

Represented by Geert Van Landuyt

Ended

HOLDING GEERT VAN LANDUYT

Managing director · since 30 juin 2023 · until 08 mai 2029 · 0476.309.491

Represented by Geert Van Landuyt

Ended

Steven Van Landuyt

Director · since 30 juin 2023 · until 08 mai 2029

Ended

HOLDING GEERT VAN LANDUYT

Managing director · since 09 mai 2017 · until 09 mai 2023 · 0476.309.491

Represented by Geert Van Landuyt

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/07/2025
KAPITAAL - AANDELEN
PDF
Mandates17/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/10/2011
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring20/01/2009
BENAMING - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/11/2008
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates18/03/2008
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202559,7 k €↓
2024
Annual accounts 2024255,4 k €↑
2023
Annual accounts 2023160 k €↑
2022
Annual accounts 2022134,6 k €↓
2021
Annual accounts 2021153,3 k €↑
2018
Annual accounts 2018141 k €↓
2017
Annual accounts 2017190,7 k €↓
2016
Annual accounts 2016220,8 k €↓
2015
Annual accounts 2015221,6 k €↑
2014
Annual accounts 2014213,6 k €↑
2013
Annual accounts 2013205,9 k €↑
2012
Annual accounts 2012204 k €↑
2011
Annual accounts 2011203,4 k €↑
2010
Annual accounts 2010184,3 k €↓
2009
Annual accounts 2009213,8 k €↑
2008
Annual accounts 200825,4 k €↓
2008
Name changePTVL
2007
Annual accounts 200757,1 k €↓
2006
Annual accounts 2006220,9 k €
2006
Name changeLVL Engineering
01/10/1969
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PTVL

Overview

What does PTVL do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline