PAVACON
PAVACON has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €96k and a net result of €183k. Equity is growing by ~144.5% per year across the filed fiscal years. Its solvency ranks better than 66% of 482 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €96k |
| Net result | €183k |
| Better than sector | 66% |
| Active | 9 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 51.2% | 38.6% | |
| Net result | €183k | €48k | |
| Equity | €96k | €339k | |
| Gross operating margin | €190k | €354k | |
| Total assets | €187k | €1.04M |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €188k | €17k | €-31k |
| Net profit | €183k | €12k | €-36k |
| Cash flow | €187k | €15k | €-31k |
| Staff costs | - | - | - |
| Income taxes | €431 | €1k | €240 |
| Dividends | €49k | - | - |
| Total assets | €187k | €125k | €76k |
| Equity | €96k | €-39k | €-51k |
| Debt | €91k | €164k | €126k |
| of which ≤ 1y | €91k | €164k | €126k |
| of which > 1y | - | - | - |
| Working capital | €83k | €-51k | €-51k |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.91 | 0.69 | 0.60 |
| Quick ratio | 1.91 | 0.07 | 0.02 |
| Working capital ratio | 44.5% | -41.0% | -67.0% |
| Solvency | 51.2% | -30.9% | -67.0% |
| Debt / equity | 0.95 | -4.24 | -2.49 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 1239.90 | 70.70 | -164.67 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 97.9% | 9.5% | -47.2% |
| ROE | 191.2% | -30.8% | 70.5% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €187k | €125k | €76k |
| Fixed assets | 21/28 | €13k | €13k | - |
| Tangible fixed assets | 22/27 | €13k | €13k | - |
| Current assets | 29/58 | €175k | €113k | €76k |
| Stocks & contracts in progress | 3 | - | €101k | €73k |
| Amounts receivable within one year | 40/41 | €68k | €11k | €1k |
| Cash & bank | 54/58 | €107k | €1k | €1k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €187k | €125k | €76k |
| Equity | 10/15 | €96k | €-39k | €-51k |
| Contributions / capital | 10/11 | €5k | €5k | €5k |
| Reserves | 13 | €11k | €24k | €14k |
| Accumulated profits (losses) | 14 | €79k | €-68k | €-70k |
| Amounts payable | 17/49 | €91k | €164k | €126k |
| Amounts payable within one year | 42/48 | €91k | €164k | €126k |
| Trade debts payable within one year | 44 | €456 | €828 | €362 |
| Income statement | ||||
| Gross operating margin | 9900 | €190k | €18k | €-29k |
| Operating result | 9901 | €184k | €13k | €-35k |
| Financial charges | 65 | €152 | €235 | €187 |
| Result before taxes | 9903 | €184k | €13k | €-35k |
| Income taxes | 67/77 | €431 | €1k | €240 |
| Net result for the period | 9904 | €183k | €12k | €-36k |
| Result to be appropriated | 9905 | €183k | €12k | €-36k |
| NACE primary | Installation of industrial machinery and equipment(33200) |
| Legal form | Private limited company(610) |
| Incorporation | 01-09-2017 |
| Status | Active |
| Postal code | 2500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393D0056/00S000 | Flanders | 566 m² | 1 · 138 m² | 12.3 m |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-01-2025 Registered office moved from Westerlo to Lier
- Gelendel 65 te 2260 Westerlo → Benedenbaan 26/1 2500 Lier
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Benedenbaan 26/1 2500 Lier",
"city": "Lier",
"region": "vlaams_gewest",
"street": "Benedenbaan",
"country": "BE",
"postcode": "2500",
"box_number": "1",
"street_number": "26",
"locality_suffix": null
},
"old_address": {
"raw": "Gelendel 65 te 2260 Westerlo",
"city": "Westerlo",
"region": "vlaams_gewest",
"street": "Gelendel",
"country": "BE",
"postcode": "2260",
"box_number": null,
"street_number": "65",
"locality_suffix": null
},
"effective_date": "2024-10-16",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-01-03",
"filing_date": "2024-12-20",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-10-20",
"unanimous": true
},
"subject_company": {
"kbo": "0681.374.322",
"name_full": "PAVACON",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Vanleene Paul",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}| Legal nameNL | PAVACON |