PAVA HOLDING
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-04-2026, 981 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
981 d late
2021
44 d late
2020
60 d late
2014
59 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€1.56B▼ 0.1%
2020 · €1.56B
2020: €1.56B
2020 → 2021
Total assets
€1.57B▼ 2.0%
2020 · €1.60B
2020: €1.60B
2020 → 2021
Net result
€-2.15M▼ 1,181%
2020 · €-168k
2020: €-168k
2020 → 2021
Working capital
€330.31M
2020 · €-33.04M
2020: €-33.04M
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€1.56B-€1.56B▼ 0.1%
Operating result€86k-€129k▲ 49.8%
Net result€-168k-€-2.15M▼ 1,181%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2021; 2021 is 50% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.57B
Fixed assets
€1.22B ▼ 23.0%
Current assets
€342.38M ▲ 3,517%
Equity and liabilities €1.57B
Equity
€1.56B ▼ 0.1%
Debt
€12.08M ▼ 71.6%
Debt's share of the balance-sheet total falls from 2.7% to 0.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€210k▲
2020 · €168k
Cash flow
€-2.06M▼
2020 · €-86k
Current ratio
28.35▲
2020 · 0.22
Debt to equity
0.01
ROE
-0.1%▼
2020 · 0.0%
ROA
-0.1%▼
2020 · 0.0%
Interest coverage
0.09
Debt ≤ 1 year
€12.08M▼
2020 · €42.51M
Staff costs
€191k
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 · 2021 against 2020 · 44 lines
Balance sheet
Code20202021
Assets
Total assets20/58€1.60B€1.57B▼
Fixed assets21/28€1.59B€1.22B▼
Tangible fixed assets22/27€5.21M€5.13M▼
Land and buildings22-€5.13M
Financial fixed assets28€1.59B€1.22B▼
Current assets29/58€9.47M€342.38M▲
Amounts receivable within one year40/41-€337.44M
Trade receivables40-€82k
Other amounts receivable41-€337.35M
Cash at bank and in hand54/58-€4.95M
Equity and liabilities
Total equity and liabilities10/49€1.60B€1.57B▼
Equity10/15€1.56B€1.56B▼
Contributions10/11€39.08M€39.08M=
Capital10-€39.08M
Issued capital100-€39.08M
Reserves13€155.91M€155.91M=
Non-distributable reserves130/1-€3.91M
Legal reserve130-€3.91M
Distributable reserves133-€152.00M
Profit (loss) carried forward14€1.36B€1.36B▼
Amounts payable17/49€42.54M€12.08M▼
Amounts payable within one year42/48€42.51M€12.08M▼
Trade debts44€5k€10k▲
Suppliers440/4-€10k
Taxes, remuneration and social security45-€31k
Taxes450/3-€13k
Remuneration and social security454/9-€19k
Other amounts payable47/48-€12.04M
Accrued charges and deferred income492/3-€76
Income statement
Code20202021
Non-recurring operating income76A-€119k
Remuneration, social security and pensions62-€191k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€81k=
Other operating charges640/8-€7k
Gross operating margin9900€527k€409k▼
Operating profit (loss)9901€86k€129k▲
Financial income75/76B-€109k
Recurring financial income75€109k€109k▲
Financial charges65/66B-€2.38M
Recurring financial charges65€363k€2.38M▲
Profit (loss) for the period before taxes9903€-168k€-2.15M▼
Profit (loss) for the period9904€-168k€-2.15M▼
Profit (loss) for the period to be appropriated9905€-168k€-2.15M▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1.36B
Profit (loss) brought forward from the previous period14P-€1.36B
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 981 days late
2022
25-11
State Gazette act
Merger · Corporate purpose
Capital · Share issue
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 44 days late
2021
31-12
Financial
Liquidity times 127current ratio 28.35
Current ratio from 0.22 to 28.35; short-term debt falls from €42.51M to €12.08M.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
21-10
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2016
29-04
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
2015
28-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 59 days late
13-04
State Gazette act
Demerger · Accounting effect
Capital · Corporate purpose
2014
19-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
19-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 19 days late
2012
20-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
Show earlier events
2011
20-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
29-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
27-01
State Gazette act
Incorporation · Founder
Founding capital · Corporate purpose · Luc de Mûelenaere
2009
19-06
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionReceived in a demerger part of:TVH GROUP