Financials
- Financial year
- 2025
- Total assets
- €2.0m
- Profit
- €602
- Solvency
- 15.1%
Total assets▲ 2.9%
Net result
20192025
PAVAC
ActiveSummary
PAVAC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of PAVAC were filed more than 90 days after the deadline. The 2025 annual accounts show equity of €308,556 and a net result of €602. Equity is shrinking by about 9% per year across the filed financial years. Its solvency ranks better than 20% of 9,727 sector peers (NACE 64, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210Hotels and similar accommodation NACE 55100
1 site
Size
€2.0mtotal assets 2025
- Equity
- €308,556
- Profit
- €602
Turnover not published (abbreviated or micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
- CommV ESSANDERSDirector · permanent representative Valerie Menten
2025 accounts filed 103 days late2 of 4 deeds summarised
Signalsraises risk2025 accounts filed 103 days latelowers riskGrowing equityShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
Two signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €308,556
raises risk · 2025 accounts filed 103 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 11-02-2026, 103 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
103 days late
2024
308 days late
2023
123 days early
2022
34 days early
2021
41 days early
2020
30 days early
2019
38 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 27 September (4 of the last 5 filed years within 137 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-03-2026 year end26-10-2026 today31-10-2026 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Capital & shares · RestructuringResignation: ESSANDERS (director) · Merger…
- Restructuring · MiscellaneousResignation: Valerie Menten (director) ·…
Key points
- Caution: Result fell in 2025from €54,293 to €602 ▼ 98.9% View
- Caution: Latest accounts filed lateafter the legal deadline 103 days View
- Caution: Among the weakest 20% on net resultsector median €32,911 · 9,729 companies €602 View
- Caution: A director leftlatest change 16-01-2026 · 1 in office 1 left View
- Merger with DECARmerger on 16-01-2026 2026 View
By topic
Board & ownership
- Board
- 1 member
- CommV ESSANDERSDirector
Network & group
- Mergers and asset contributions
- 1
Timeline
- Events
- 21
- Since
- 2010
- Next accounts
- by 31-10-2026
- 04-09-2025Annual accounts filed
- 31-03-2024Back to profit
- 30-06-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Activities of holding companiesNACE 64210
- Founded
- 29-02-2008
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 3
- Annual meeting
- Third Saturday of September at 11:00
- Purpose
- “Het uitoefenen van mandaten en functies in andere vennootschappen; Het optreden als…” (deed in Dutch)
Key facts about PAVAC
- What is the company number of PAVAC?
- 0896.110.546. In Belgium the VAT number is the company number with BE in front: BE 0896.110.546.
- Where is PAVAC based?
- The registered office is at Magdalenastraat 16, 8200 Brugge.Company details
- What does PAVAC do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of PAVAC?
- Private limited company (BV).
- When was PAVAC founded?
- On 29-02-2008.
- Is PAVAC still active?
- Yes, PAVAC is an active enterprise in the KBO register.
- What is the turnover of PAVAC?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is PAVAC profitable?
- In financial year 2025, PAVAC made a profit of €602.
- Where can I find the annual accounts of PAVAC?
- PAVAC filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAVAC due?
- By 31-10-2026, for financial year 2026.Timeline
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