Turnover
€305,203 ▲ 50.5%
Turnover rose in 2025 from €202,767 to €305,203.
ALL PAVAGE
Lifetime
3 annual accounts with figures on one time axispeak €305,203 (2025)
€305,203▲ 50.5%
peak €49,349 (2023)
€4,662▼ 52.8%
peak €68,880 (2025)
€68,880▲ 7.3%
€95,678▲ 175%
Board2 names since 2023
2 directorsHORODENCIUC Andreea Anamaria and 1 other
Documentsfilings and deeds
01-06-20261 days late
2025micro format
Turnover from €202,767 to €305,203Gross margin from €99,403 to €168,644Result from €9,870 to €4,662Debts from €34,729 to €95,678Investments €63,808
Key points
from the 2025 annual accountsDebts
€95,678 ▲ 175%
Debts rose by €60,949 in 2025.
Investments
€63,808 3.6 × depreciation
Green is investment, beige is depreciation.
Staff
4 employees on 31-10-2025
In 2025, 3 people joined and nobody left.
Payment terms
32 days to suppliers
ALL PAVAGE pays its suppliers 13 days earlier than in 2024. Customers pay 5 days later.
Filings
3 annual accounts 2 late
The 2024 accounts came latest: 2 days after the end of the period.
Checked score
35
Weak
Financially stronger than 58% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
8.4% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,459 companies (NACE 41, micro).
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.3%lowest value
01-2025: 4.6%▲ +0.3 percentage points vs 12-2024
02-2025: 5.5%▲ +0.9 percentage points vs 01-2025
03-2025: 6.4%▲ +0.9 percentage points vs 02-2025
04-2025: 6.4%● unchanged vs 03-2025
05-2025: 6.7%▲ +0.3 percentage points vs 04-2025
06-2025: 8.9%▲ +2.2 percentage points vs 05-2025
07-2025: 8.8%▼ -0.1 percentage points vs 06-2025
08-2025: 8.8%● unchanged vs 07-2025
09-2025: 8.7%▼ -0.1 percentage points vs 08-2025
10-2025: 8.7%● unchanged vs 09-2025
11-2025: 8.7%● unchanged vs 10-2025
12-2025: 8.7%● unchanged vs 11-2025
01-2026: 9.2%▲ +0.5 percentage points vs 12-2025
02-2026: 9.9%▲ +0.7 percentage points vs 01-2026
03-2026: 11.2%▲ +1.3 percentage points vs 02-2026
04-2026: 11.5%▲ +0.3 percentage points vs 03-2026
05-2026: 11.9%▲ +0.4 percentage points vs 04-2026
06-2026: 12.8%▲ +0.9 percentage points vs 05-2026
07-2026: 12.8%● unchanged vs 06-2026highest value
08-2026: 12.8%● unchanged vs 07-2026highest value
09-2026: 11.0%▼ -1.8 percentage points vs 08-2026
10-2026: 8.4%▼ -2.6 percentage points vs 09-2026
11-2026: 8.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2022
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: turnover €305,203, total assets €164,558
Ex-officio strike-off in the KBO
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 50% of them on solvency, 80% on liquidity, 38% on profitability and 65% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-10-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,546 companies had the same profile as ALL PAVAGE has now. Each dot stands for 7 companies, two years later.
94.3%
were still trading
3.2%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ALL PAVAGE itself is higher: 8.4% within 12 months. It rests on far more data about ALL PAVAGE than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,546 companies, not a prediction for ALL PAVAGE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 2.16 (3.52 in 2024), above the usual 1.5. Short-term debt is 29.2% of total assets. However, 58.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · 2025 accounts filed 1 day late
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 01-06-2026, 1 day later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
1 day late
2024
2 days late
2023
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 1 day after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The financial year that closed on 31-10-2026 is due by 31-05-2027. Nothing is late today. The company usually files around 1 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 year end07-11-2026 today31-05-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795504621
Registered office moved from Turnhout to Beerse
New registered office: Schoolstraat 32 2340 Beerse · Previous registered office: Boomstraat 2 2300 Turnhout · General meeting of 09-09-2024 · Gazette deed
Address struck
Boomstraat 2 L’adresse du siège Boomstraat 2 2300 Turn- Boomstraat 2 2300 Turnhout,
2300 Turnhout is doorgehaald met ingang van hout · effective 17-12-2023 · KBO administration
Incorporation
Founding capital of €5,000, 100 shares · Founder: HORODENCIUC Cristian · Appointments: HORODENCIUC Cristian (director) and HORODENCIUC Andreea Anamaria (director) · published on 02-01-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALL PAVAGE Beerse | €164,558 | €168,644 | 41.9% | - |
| BOUWWERKEN GOETSTOUWERS BART Wuustwezel | €164,405 | €156,040 | 14.0% | - |
| GT-ESTATE Oud-Turnhout | €144,370 | €149,010 | -50.6% | - |
| Biwaco Antwerp | €180,241 | €146,638 | 63.1% | - |
| TN Group Begijnendijk | €170,482 | €177,123 | 48.3% | - |
| BD Construct Theux | €171,866 | €179,582 | 34.9% | - |
| J.S.A. Habitat Couvin | €161,098 | €153,087 | 10.5% | - |
These companies have the same main activity as ALL PAVAGE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €144,000 and €180,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 29-12-2022Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.339.671.9692340 Beerse, since 29-12-2022
- Financial year end
- 31 October
- Peppol
- Reachable since 30-05-2025
Annual accounts to 31-10-2025
- €164,558▲ 66.3%
- Employeeson 31-10-2025
- 4▲ 300%
- Filing
- Filed on 01-06-2026
Insights on ALL PAVAGE
Solvency fell in 2025 from 64.9% to 41.9% because of higher long-term debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ALL PAVAGE
- What is the company number of ALL PAVAGE?
- The company number of ALL PAVAGE is 0795.504.621. The VAT number is the same number with BE in front: BE 0795.504.621.
- Where is ALL PAVAGE based?
- The registered office is at Schoolstraat 32, 2340 Beerse.Company details
- What does ALL PAVAGE do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of ALL PAVAGE?
- ALL PAVAGE is a private limited company (BV).
- When was ALL PAVAGE founded?
- ALL PAVAGE was founded on 29-12-2022.
- Is ALL PAVAGE still active?
- Yes, ALL PAVAGE is an active enterprise in the KBO register.
- How many employees does ALL PAVAGE have?
- ALL PAVAGE had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ALL PAVAGE?
- The turnover of ALL PAVAGE was €305,203 in financial year 2025, according to the filed annual accounts.
- Is ALL PAVAGE profitable?
- In financial year 2025, ALL PAVAGE made a profit of €4,662.
- Where can I find the annual accounts of ALL PAVAGE?
- ALL PAVAGE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALL PAVAGE due?
- ALL PAVAGE must file the annual accounts for financial year 2026 by 31-05-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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