PAVADO
ActiveSummary
PAVADO has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €246,216. Equity has been growing by about 9.7% per year since 2019. Its solvency ranks better than 82% of 352 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 30-06-1993 Normal situation
- Activity
- Electricity, gas, steam and air conditioning supply NACE 35150
- Establishment unit
- 2.070.018.701 9070 Destelbergen, since 24-01-1995
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €592,356
- ▼ 7.3%
- Profit
- €246,216
- ▼ 18.5%
- Equity
- €3.0m
- ▼ 27.4%
- Total assets
- €4.4m
- ▼ 14.0%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSize: turnover €592,356, total assets €4.4mFounded in 1993Equity €3.0m (67.6% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 35, small). It does better than 81% of them on solvency, 64% on liquidity, 84% on profitability and 17% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 58 days before the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 8th oldest company in East Flanders, Energy sectorin the Checked rankings No. 8 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 7 profitable years in a rowprofit 2025: €246,216 7 years View
- Caution: Equity fell in 2025from €4.1m to €3.0m ▼ 27.4% View
Recent changes
- · Gazette deed Registered office moved within DestelbergenNew seat: 9070 DESTELBERGEN, Dendermondesteenweg 268 · Previous seat: 9070 DESTELBERGEN, Steenakkersdreef 8
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as PAVADO: electricity, gas, steam and air conditioning supply (NACE 35150). They are comparable in size and age: total assets between €880,000 and €9.8m, founded between 1968 and 2013.
| Company | Total assets | Turnover |
|---|---|---|
| PAVADO Destelbergen | €4.4m | €0.6m |
| Vlamalin Waregem | €5.1m | €0.2m |
| LES MOULINS DU HAUT-PAYS Dour | €2.7m | €0.9m |
| TOMW@TT Sint-Gillis-Waas | €6.4m | €5.3m |
| Ed. Proj. Gamma Heusden-Zolder | €9.8m | €2.4m |
| OURTH'EOLE Houyet | €3.9m | €0.8m |
| MANERGY Brussel | €0.9m | €0.1m |
Key facts about PAVADO
- What is the company number of PAVADO?
- The company number of PAVADO is 0450.435.237. The VAT number is the same number with BE in front: BE 0450.435.237.
- Where is PAVADO based?
- The registered office is at Dendermondesteenweg 268, 9070 Destelbergen.Company details
- What does PAVADO do?
- According to the KBO register, the main activity is electricity, gas, steam and air conditioning supply (NACE 35150).
- What is the legal form of PAVADO?
- The legal form of PAVADO is Public limited company (NV).
- When was PAVADO founded?
- PAVADO was founded on 30-06-1993.
- Is PAVADO still active?
- Yes, PAVADO is an active enterprise in the KBO register.
- What is the turnover of PAVADO?
- The turnover of PAVADO was €592,356 in financial year 2025, according to the filed annual accounts.Financials
- Is PAVADO profitable?
- In financial year 2025, PAVADO made a profit of €246,216.
- Where can I find the annual accounts of PAVADO?
- PAVADO filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAVADO due?
- PAVADO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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