PV-FORCE
0818.058.111 · rovalta.com · 22/09/2026
VOLUNTARY DISSOLUTION - LIQUIDATION
PV-FORCE
Financial year 2025 · closed on 31/12/2025
Net result
-16,6 k €
+98.5% YoY
Gross margin
-15,9 k €
+42.2% YoY
Equity
-13,1 M €
-0.1% YoY
Company — Voluntary dissolution - liquidation.
Overview
What does PV-FORCE do?
PV-FORCE is a Private company with limited liability incorporated in 2009. Its main activity is: Production of electricity. Its registered office is in Waregem.
Legal situation
● Voluntary dissolution - liquidation
BCE/KBO no. / VAT
BE 0818.058.111
Incorporation
26/08/2009
Legal form
Private company with limited liability
Registered office
Henri Lebbestraat 190
8790 Waregem · FlandreSee on map
8790 Waregem · FlandreSee on map
Contributed capital
775 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | -15,9 k € | +42.2% | -27,5 k € | +50.4% | -55,4 k € | +77.2% | -242,6 k € | -164% | -92 k € | -125% | 362,7 k € | – | – | – | – | – | – | – | – | 1,4 M € | +2037% | 65,1 k € | +1965% | -3,5 k € | |||||||||
| EBITDA | -16 k € | +98.6% | -1,1 M € | -147% | -452,1 k € | +89.6% | -4,3 M € | -1495% | -272,2 k € | +93.9% | -4,5 M € | -2055% | -207,9 k € | -213% | 183,4 k € | -13.5% | 211,9 k € | -73.5% | 798,9 k € | -15.9% | 950,3 k € | -7.4% | 1 M € | +2.3% | 1 M € | +8.6% | 923,4 k € | -31.8% | 1,4 M € | +2222% | 58,4 k € | +1458% | -4,3 k € |
| Operating result | -16 k € | +98.6% | -1,1 M € | -147% | -452,1 k € | +89.6% | -4,3 M € | -1495% | -272,2 k € | +94.2% | -4,7 M € | -450% | -853,1 k € | -84.7% | -461,9 k € | -6.6% | -433,4 k € | -382% | 153,6 k € | -49.6% | 305 k € | -20.0% | 381,3 k € | +6.6% | 357,8 k € | +28.6% | 278,2 k € | -60.9% | 710,7 k € | +1173% | -66,3 k € | -1441% | -4,3 k € |
| Net result | -16,6 k € | +98.5% | -1,1 M € | -145% | -457,4 k € | +89.8% | -4,5 M € | -1166% | -354 k € | +92.6% | -4,8 M € | -307% | -1,2 M € | +22.9% | -1,5 M € | -106% | -739,4 k € | -306% | -182,1 k € | -183% | -64,3 k € | -547% | -9,9 k € | -101% | 1,2 M € | +562% | -258,7 k € | -259% | 162,8 k € | +230% | -125,1 k € | -2808% | -4,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | -13,1 M € | -0.1% | -13,1 M € | -9.3% | -12 M € | -4.0% | -11,5 M € | -63.4% | -7,1 M € | -5.3% | -6,7 M € | -245% | -1,9 M € | -152% | -772,3 k € | -148% | 1,6 M € | -33.5% | 2,4 M € | -9.4% | 2,7 M € | -4.7% | 2,8 M € | -2.7% | 2,9 M € | +65.0% | 1,7 M € | -29.7% | 2,5 M € | +52.0% | 1,6 M € | -7.9% | 1,8 M € |
| Total assets | 340,3 k € | -3.2% | 351,7 k € | -65.4% | 1 M € | -16.3% | 1,2 M € | +26.3% | 961,1 k € | -4.3% | 1 M € | -86.5% | 7,4 M € | -11.0% | 8,4 M € | -13.1% | 9,6 M € | -4.0% | 10 M € | -6.8% | 10,8 M € | -3.6% | 11,2 M € | -4.7% | 11,7 M € | -7.3% | 12,6 M € | -9.7% | 14 M € | +1.7% | 13,8 M € | +19.5% | 11,5 M € |
| Cash | 332,4 k € | -4.7% | 348,9 k € | -8.1% | 379,8 k € | -7.0% | 408,6 k € | +55.8% | 262,2 k € | +6.9% | 245,3 k € | -26.8% | 335,1 k € | -25.2% | 448,1 k € | -40.1% | 748 k € | +35.2% | 553,3 k € | -7.5% | 598,1 k € | +69.0% | 353,9 k € | +90.4% | 185,9 k € | – | 479,1 k € | +5564% | 8,5 k € | -42.8% | 14,8 k € | ||
| Debts | 12,7 M € | +0.0% | 12,7 M € | +3.7% | 12,2 M € | +2.2% | 12 M € | +65.5% | 7,2 M € | -0.8% | 7,3 M € | -16.8% | 8,8 M € | -0.4% | 8,8 M € | +18.1% | 7,4 M € | +1.7% | 7,3 M € | -6.3% | 7,8 M € | -3.9% | 8,1 M € | -5.9% | 8,6 M € | -17.6% | 10,5 M € | -8.3% | 11,4 M € | -5.5% | 12,1 M € | +24.2% | 9,8 M € |
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 4 ended
Active mandates
Joris De Smet
ActivePaul Van der Putten
ActiveEnded mandates
Joris De Smet
EndedPaul Van der Putten
EndedThomas Dewaele
EndedThomas Dewaele
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
BUCA INVEST● Active | 0678.650.701 |
LOMAT INTERNATIONAL● Active | 0479.265.221 |
SOLARRISE● Liquidation | 0821.519.922 |
SOLFUND● Bankrupt | 0831.748.175 |
Tentoonstelling● Liquidation | 0446.174.957 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2021 | |
|---|---|---|---|---|---|---|
| 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 | 27/07/2021 | 01/01/2021 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 26/07/2021 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 6 months | 7 months |
| Filing date | 24/07/2026 | 08/10/2025 | 24/01/2025 | 30/08/2023 | 25/01/2023 | 13/01/2023 |
| General meeting | – | – | – | – | – | 30/09/2022 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
17 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | — | 24/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | — | 08/10/2025 | Dutch | |
| Abridged model | 31/12/2023 | — | 24/01/2025 | Dutch | |
| Abridged model | 31/12/2022 | — | 30/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | — | 25/01/2023 | Dutch | |
| Abridged model | 26/07/2021 | 30/09/2022 | 13/01/2023 | Dutch | |
| Full model | 31/12/2020 | 01/10/2021 | 15/12/2021 | Dutch | |
| Full model | 31/12/2019 | 26/06/2020 | 13/07/2020 | Dutch | |
| Full model | 31/12/2018 | 28/06/2019 | 12/07/2019 | Dutch | |
| Full model | 31/12/2017 | 29/06/2018 | 31/07/2018 | Dutch | |
| Full model | 31/12/2016 | 30/06/2017 | 04/07/2017 | Dutch | |
| Full model | 31/12/2015 | 24/06/2016 | 27/06/2016 | Dutch | |
| Full model | 31/12/2014 | 26/06/2015 | 30/06/2015 | Dutch | |
| Full model | 31/12/2013 | 27/06/2014 | 30/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 28/06/2013 | 12/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 29/06/2012 | 09/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 24/06/2011 | 12/07/2011 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 4 ended
Active mandates
Joris De Smet
ActivePaul Van der Putten
ActiveEnded mandates
Joris De Smet
EndedPaul Van der Putten
EndedThomas Dewaele
EndedThomas Dewaele
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates07/09/2021RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN
- Capital / shares05/06/2012KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other04/09/2009RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-16,6 k €↑
- 2024Annual accounts 2024-1,1 M €↓
- 2023Annual accounts 2023-457,4 k €↑
- 2022Annual accounts 2022-4,5 M €↓
- 2021Annual accounts 2021-354 k €↑
- 2021Annual accounts 2021-4,8 M €↓
- 2021Name changePv - Force
- 2021Name changePv - Force in vereffening
- 2020Annual accounts 2020-1,2 M €↑
- 2019Annual accounts 2019-1,5 M €↓
- 2018Annual accounts 2018-739,4 k €↓
- 2017Annual accounts 2017-182,1 k €↓
- 2016Annual accounts 2016-64,3 k €↓
- 2015Annual accounts 2015-9,9 k €↓
- 2014Annual accounts 20141,2 M €↑
- 2013Annual accounts 2013-258,7 k €↓
- 2012Annual accounts 2012162,8 k €↑
- 2011Annual accounts 2011-125,1 k €↓
- 2010Annual accounts 2010-4,3 k €
- 26/08/2009IncorporationPrivate company with limited liability