diff --git a/libpeconv b/libpeconv
index ae5b66d50..20e67a21f 160000
--- a/libpeconv
+++ b/libpeconv
@@ -1 +1 @@
-Subproject commit ae5b66d50dc43e4c054a79be213f33baca6cdd25
+Subproject commit 20e67a21fb8d0c3d6d221b9c27d87959e5cd0ea5
diff --git a/postprocessors/results_dumper.cpp b/postprocessors/results_dumper.cpp
index aa325eaa2..96904772d 100644
--- a/postprocessors/results_dumper.cpp
+++ b/postprocessors/results_dumper.cpp
@@ -311,9 +311,6 @@ bool pesieve::ResultsDumper::dumpModule(IN HANDLE processHandle,
 	ModuleDumpReport *modDumpReport = new ModuleDumpReport(module_buf.getModuleBase(), module_buf.getBufferSize());
 	dumpReport.appendReport(modDumpReport);
 
-	if (out_base) {
-		modDumpReport->rebasedTo = out_base;
-	}
 	modDumpReport->dumpFileName = makeModuleDumpPath(module_buf.getModuleBase(), module_name, payload_ext);
 	modDumpReport->is_corrupt_pe = is_corrupt_pe;
 	modDumpReport->is_shellcode = !module_buf.isValidPe() && module_buf.isCode();
@@ -342,6 +339,9 @@ bool pesieve::ResultsDumper::dumpModule(IN HANDLE processHandle,
 			modDumpReport->isDumped = module_buf.dumpToFile(modDumpReport->dumpFileName);
 			curr_dump_mode = peconv::PE_DUMP_VIRTUAL;
 		}
+		if (curr_dump_mode != peconv::PE_DUMP_VIRTUAL && out_base) {
+			modDumpReport->rebasedTo = out_base;
+		}
 		modDumpReport->mode_info = get_dump_mode_name(curr_dump_mode);
 		bool iat_not_rebuilt = (imprec_res == ImpReconstructor::IMP_RECOVERY_ERROR) || (imprec_res == ImpReconstructor::IMP_RECOVERY_NOT_APPLICABLE);
 		if (iat_not_rebuilt || save_imp_report) {