PAVAME (0668.667.421), Inactive: financials and annual accounts

PAVAME

KBO/BCE: BE 0668.667.421

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
Balance sheet: assets
Total assets`20/58`	29,294	84,813	103,216	92,849	32,615	26,774	34,758	46,312	42,062
Fixed assets`21/28`	-	42,853	48,856	55,577	10,190	13,352	14,319	12,058	6,559
Intangible fixed assets`21`	-	39,781	44,781	49,781	-	-	-	-	-
Tangible fixed assets`22/27`	-	1,123	2,125	846	7,190	10,352	11,319	9,058	3,559
Plant, machinery and equipment`23`	-	498	781	-	1,638	2,707	3,777	373	743
Furniture and vehicles`24`	-	625	1,343	846	-	249	498	-	-
Other tangible fixed assets`26`	-	-	-	-	5,552	7,396	7,044	8,685	2,816
Financial fixed assets`28`	-	1,950	1,950	4,950	3,000	3,000	3,000	3,000	3,000
Current assets`29/58`	29,294	41,959	54,361	37,272	22,424	13,423	20,439	34,254	35,504
Stocks and contracts in progress`3`	-	1,653	2,431	172	1,999	925	2,646	2,684	2,218
Stocks`30/36`	-	1,653	2,431	172	1,999	925	2,646	2,684	2,218
Amounts receivable within one year`40/41`	6,305	26,136	38,823	23,305	-	-	-	-	-
Trade receivables`40`	5,817	26,136	38,823	22,430	-	-	-	-	-
Other amounts receivable`41`	489	-	-	876	-	-	-	-	-
Cash at bank and in hand`54/58`	22,989	10,545	8,368	9,795	18,057	10,048	16,186	30,289	31,528
Deferred charges and accrued income`490/1`	-	3,625	4,738	4,000	2,369	2,450	1,607	1,281	1,757
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	29,294	84,813	103,216	92,849	32,615	26,774	34,758	46,312	42,062
Equity`10/15`	-20,575	-3,945	498	6,279	23,706	21,021	15,950	23,383	16,929
Contributions`10/11`	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	6,200	6,200	6,200
Reserves`13`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	-	-	-	1,860	1,860	1,860	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	1,860
Reserves not available under the articles`1311`	-	-	-	1,860	1,860	1,860	-	-	-
Distributable reserves`133`	1,860	1,860	1,860	-	-	-	-	-	-
Profit (loss) carried forward`14`	-34,835	-18,205	-13,762	-7,981	9,446	6,761	1,690	9,123	2,669
Provisions and deferred taxes`16`	4,861	-	-	-	-	-	-	-	-
Provisions for liabilities and charges`160/5`	4,861	-	-	-	-	-	-	-	-
Pensions and similar obligations`160`	4,861	-	-	-	-	-	-	-	-
Amounts payable`17/49`	45,008	88,758	102,718	86,570	8,909	5,753	18,808	22,929	25,134
Amounts payable after more than one year`17`	-	-	8,200	16,600	-	-	-	-	-
Financial debts`170/4`	-	-	8,200	16,600	-	-	-	-	-
Amounts payable within one year`42/48`	45,008	88,593	94,518	69,970	8,909	5,550	18,808	21,813	23,758
Current portion of amounts payable after more than one year`42`	-	7,500	7,700	7,700	-	-	-	-	-
Trade debts`44`	-	15,526	29,078	13,931	5	1,212	5,367	8,013	3,508
Suppliers`440/4`	-	15,526	29,078	13,931	5	1,212	5,367	8,013	3,508
Taxes, remuneration and social security`45`	51	9,991	9,771	4,324	3,827	2,755	7,796	7,259	13,958
Taxes`450/3`	51	1,620	2,836	81	2,716	493	5,755	5,758	6,149
Remuneration and social security`454/9`	-	8,370	6,935	4,243	1,110	2,262	2,041	1,501	7,809
Other amounts payable`47/48`	44,958	55,576	47,969	44,015	5,077	1,583	5,645	6,540	6,293
Accrued charges and deferred income`492/3`	-	166	-	-	-	203	-	1,116	1,376
Income statement
Non-recurring operating income`76A`	10,156	-	-	-	-	-	-	-	-
Gross operating margin`9900`	-9,716	4,846	7,516	12,757	20,033	25,682	22,776	38,699	29,715
Remuneration, social security and pensions`62`	1,117	-	-	20,507	12,785	14,810	21,822	18,707	17,133
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	5,554	5,652	1,064	3,161	2,995	3,329	2,012	680
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-1,034	1,034	-	-	-
Other operating charges`640/8`	3,668	1,445	2,869	1,228	1,732	1,168	4,804	5,523	4,540
Non-recurring operating charges`66A`	-	448	3,043	5,948	-	-	-	-	-
Operating profit (loss)`9901`	-14,501	-2,601	-4,048	-15,990	3,388	5,676	-7,179	12,457	7,363
Financial income`75/76B`	0	1	5	0	1	1	-	0	3
Recurring financial income`75`	0	1	5	0	1	1	-	0	3
Financial charges`65/66B`	1,978	1,777	1,738	1,437	705	540	254	484	337
Recurring financial charges`65`	1,978	1,777	1,738	1,437	705	540	254	484	337
Profit (loss) for the period before taxes`9903`	-16,478	-4,378	-5,781	-17,427	2,685	5,136	-7,433	11,973	7,029
Income taxes`67/77`	152	66	-	-	-	65	-	4,719	2,500
Profit (loss) for the period`9904`	-16,630	-4,444	-5,781	-17,427	2,685	5,071	-7,433	7,254	4,529
Profit (loss) for the period to be appropriated`9905`	-16,630	-4,444	-5,781	-17,427	2,685	5,071	-7,433	7,254	4,529
Appropriation of the result
Profit (loss) to be appropriated`9906`	-34,835	-18,205	-13,762	-7,981	9,446	6,761	1,690	9,923	4,529
Profit (loss) brought forward from the previous period`14P`	-18,205	-13,762	-7,981	9,446	6,761	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	1,860
To the legal reserve`6920`	-	-	-	-	-	-	-	-	1,860
Profit to be distributed`694/7`	-	-	-	-	-	-	-	800	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	800	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	0.8	1	0.6	0.7	0.5	0.5
Hours worked`1013`	-	-	-	781	607	616	1,084	946	955
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	30-06-2026	2026-00239378	PDF
31-12-2024	micro format	29-08-2025	2025-00440215	PDF
31-12-2023	micro format	30-08-2024	2024-00436605	PDF
31-12-2022	micro format	29-08-2023	2023-00369587	PDF
31-12-2021	micro format	30-08-2022	2022-20402521	PDF
31-12-2020	micro format	29-07-2021	2021-43100182	PDF
31-12-2019	micro format	31-07-2020	2020-38100257	PDF
31-12-2018	micro format	26-08-2019	2019-51400466	PDF
31-12-2017	micro format	30-07-2018	2018-40800449	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
EBITDA	-	2,953	1,604	-14,927	6,550	8,671	-3,850	14,469	8,043
Cash flow	-	1,110	-129	-16,363	5,846	8,066	-4,103	9,266	5,208
Investment in fixed assets (approximation)	-	-448	1,931	53,142	0	2,028	5,591	7,511	7,238
Change in cash	12,444	2,177	-1,427	-8,262	8,009	-6,137	-14,103	-1,239	-
Working capital	-15,714	-46,633	-40,157	-32,698	13,516	7,873	1,631	12,441	11,746
Solvency	-70.2%	-4.7%	0.5%	6.8%	72.7%	78.5%	45.9%	50.5%	40.2%
Current ratio	0.65	0.47	0.58	0.53	2.52	2.42	1.09	1.57	1.49
Quick ratio	0.65	0.45	0.55	0.53	2.29	2.25	0.95	1.45	1.40
Debt to equity	-	-	-	13.79	0.38	0.27	1.18	0.98	1.48
ROE	-	-	-	-277.5%	11.3%	24.1%	-46.6%	31.0%	26.8%
ROA	-56.8%	-5.2%	-5.6%	-18.8%	8.2%	18.9%	-21.4%	15.7%	10.8%
Interest coverage	-	1.66	0.92	-10.39	9.30	-	-	-	-

Item	31-12-2022	31-12-2021
Employees at the balance-sheet date	-	1
part-time	-	1
in full-time equivalents	-	0.5
Average over the year, in full-time equivalents	0.4	0.5
On a permanent contract	-	1
Joined	1	6
Left	2	6

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	€1,931	€1,192	-
Intangible fixed assets	-	-	-	€50,000	-
Financial fixed assets	-	-	-	€1,950	-
Depreciation and write-downs of the year	-	€5,554	€5,652	€1,064	€3,161

PAVAME

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on PAVAME