PAVANS
InactiveSignals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€22,613
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
27 d late
2023
on the day
2022
5 d early
2021
4 d early
2020
1 d early
2019
91 d late
← 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 15 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Wholesale of beverages, general range sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€22,981▼ 49.6%
2024 · €45,594
Total assets
€34,192▼ 49.7%
2024 · €67,917
Net result
-€22,613▼ 314%
2024 · -€5,460
Working capital
€22,104▼ 48.4%
2024 · €42,797
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,253▲ 61.1%€2,054▼ 8.9%-€5,814-€4,062▲ 30.1%-€21,471▼ 429%
Net result-€671within the sector's middle half€251within the sector's middle half-€6,912below the sector's middle half-€5,460below the sector's middle half▲ 21.0%-€22,613below the sector's middle half▼ 314%
Equity€57,715within the sector's middle half▼ 2.5%€57,967within the sector's middle half▲ 0.4%€51,054within the sector's middle half▼ 11.9%€45,594within the sector's middle half▼ 10.7%€22,981within the sector's middle half▼ 49.6%
Total assets€89,499within the sector's middle half▲ 1.0%€83,918within the sector's middle half▼ 6.2%€77,656within the sector's middle half▼ 7.5%€67,917within the sector's middle half▼ 12.5%€34,192below the sector's middle half▼ 49.7%
Debt€31,784▲ 8.0%€25,952▼ 18.3%€26,602▲ 2.5%€22,323▼ 16.1%€11,211▼ 49.8%
Working capital€48,242within the sector's middle half▼ 6.4%€49,909within the sector's middle half▲ 3.5%€45,627within the sector's middle half▼ 8.6%€42,797within the sector's middle half▼ 6.2%€22,104within the sector's middle half▼ 48.4%
Solvency64.5%within the sector's middle half▼ 2.3pp69.1%above the sector's middle half▲ 4.6pp65.7%within the sector's middle half▼ 3.3pp67.1%within the sector's middle half▲ 1.4pp67.2%within the sector's middle half▲ 0.1pp
Current ratio2.58within the sector's middle half▼ 0.622.92within the sector's middle half▲ 0.352.72within the sector's middle half▼ 0.212.92within the sector's middle half▲ 0.202.99within the sector's middle half▲ 0.08
Return on assets (ROA)-0.8%within the sector's middle half▼ 1.2pp0.3%within the sector's middle half▲ 1.0pp-8.9%below the sector's middle half▼ 9.2pp-8.0%below the sector's middle half▲ 0.9pp-66.1%below the sector's middle half▼ 58.1pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21,471 in 2025 against €4,062 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34,192
Fixed assets
€1,000 ▼ 64.3%
Current assets
€33,192 ▼ 49.0%
Equity and liabilities €34,192
Equity
€22,981 ▼ 49.6%
Debt
€11,211 ▼ 49.8%
Debt's share of the balance-sheet total falls from 32.9% to 32.8%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.49▼
2024 · 0.49
ROE
-98.4%▼
2024 · -12.0%
Debt ≤ 1 year
€11,088▼
2024 · €22,323
Income taxes
€135▼
2024 · €174
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3,787 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,963 | €2,630 | €2,630 | €2,630 | - | - |
| Other operating charges640/8 | €635 | €395 | €420 | €701 | €565 | ▼ 19.4% |
| Gross operating margin9900 | €5,852 | €5,079 | -€2,764 | -€732 | -€20,906 | ▼ 2,757% |
| Operating profit (loss)9901 | €2,253 | €2,054 | -€5,814 | -€4,062 | -€21,471 | ▼ 429% |
| Financial income75/76B | €50 | €24 | €269 | €1 | €0 | ▼ 44.3% |
| Recurring financial income75 | €50 | €24 | €269 | €1 | €0 | ▼ 44.3% |
| Financial charges65/66B | €1,191 | €1,130 | €1,213 | €1,224 | €1,007 | ▼ 17.7% |
| Recurring financial charges65 | €1,191 | €1,130 | €1,213 | €1,224 | €1,007 | ▼ 17.7% |
| Profit (loss) for the period before taxes9903 | €1,112 | €947 | -€6,758 | -€5,286 | -€22,478 | ▼ 325% |
| Transfer from deferred taxes780 | €0 | - | - | - | - | - |
| Income taxes67/77 | €1,783 | €696 | €154 | €174 | €135 | ▼ 22.5% |
| Profit (loss) for the period9904 | -€671 | €251 | -€6,912 | -€5,460 | -€22,613 | ▼ 314% |
| Transfer from tax-exempt reserves789 | €5,786 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €5,114 | €251 | -€6,912 | -€5,460 | -€22,613 | ▼ 314% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €89,499 | €83,918 | €77,656 | €67,917 | €34,192 | ▼ 49.7% |
| Fixed assets21/28 | €10,687 | €8,057 | €5,427 | €2,797 | €1,000 | ▼ 64.3% |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €9,687 | €7,057 | €4,427 | €1,797 | €0 | ▼ 100% |
| Land and buildings22 | €0 | €0 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | €9,687 | €7,057 | €4,427 | €1,797 | - | - |
| Financial fixed assets28 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €78,812 | €75,861 | €72,229 | €65,120 | €33,192 | ▼ 49.0% |
| Stocks and contracts in progress3 | €54,455 | €60,846 | €63,489 | €49,275 | - | - |
| Stocks30/36 | €54,455 | €60,846 | €63,489 | €49,275 | - | - |
| Amounts receivable within one year40/41 | €5,557 | €4,926 | €5,635 | €3,330 | €339 | ▼ 89.8% |
| Trade receivables40 | €4,690 | €3,622 | €3,789 | €1,484 | - | - |
| Other amounts receivable41 | €867 | €1,304 | €1,846 | €1,846 | €339 | ▼ 81.6% |
| Cash at bank and in hand54/58 | €16,467 | €9,490 | €2,621 | €11,704 | €32,197 | ▲ 175% |
| Deferred charges and accrued income490/1 | €2,333 | €599 | €484 | €811 | €655 | ▼ 19.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €89,499 | €83,918 | €77,656 | €67,917 | €34,192 | ▼ 49.7% |
| Equity10/15 | €57,715 | €57,967 | €51,054 | €45,594 | €22,981 | ▼ 49.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €13,530 | €13,530 | €13,530 | €13,530 | €13,530 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €11,670 | €11,670 | €11,670 | €11,670 | €11,670 | = |
| Profit (loss) carried forward14 | €25,585 | €25,837 | €18,924 | €13,464 | -€9,149 | ▼ 168% |
| Amounts payable17/49 | €31,784 | €25,952 | €26,602 | €22,323 | €11,211 | ▼ 49.8% |
| Amounts payable after more than one year17 | €1,214 | - | - | - | - | - |
| Financial debts170/4 | €1,214 | - | - | - | - | - |
| Amounts payable within one year42/48 | €30,570 | €25,952 | €26,602 | €22,323 | €11,088 | ▼ 50.3% |
| Current portion of amounts payable after more than one year42 | €4,802 | €1,214 | - | - | - | - |
| Financial debts43 | €1,750 | €2,000 | €2,000 | - | - | - |
| Credit institutions430/8 | €1,750 | €2,000 | €2,000 | - | - | - |
| Trade debts44 | €5,962 | €1,830 | €4,008 | €4,760 | €5,347 | ▲ 12.3% |
| Suppliers440/4 | €5,962 | €1,830 | €4,008 | €4,760 | €5,347 | ▲ 12.3% |
| Advances received on contracts in progress46 | - | €105 | €263 | - | - | - |
| Taxes, remuneration and social security45 | €2,926 | €2,683 | €1,811 | €748 | €174 | ▼ 76.7% |
| Taxes450/3 | €2,926 | €2,683 | €1,811 | €748 | €174 | ▼ 76.7% |
| Other amounts payable47/48 | €15,129 | €18,120 | €18,520 | €16,815 | €5,567 | ▼ 66.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €123 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€671 | €251 | -€6,912 | -€5,460 | -€22,613 | ▼ 314% |
| + Depreciation and write-downs630 | €2,963 | €2,630 | €2,630 | €2,630 | - | - |
| Operating cash flow (approximation) | €2,292 | €2,881 | -€4,282 | -€2,830 | -€22,613 | ▼ 699% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €1,797 | - |
| Change in cash | - | -€6,977 | -€6,869 | €9,083 | €20,493 | ▲ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
16-07
State Gazette act
Legal-form change · Resignations & appointments · End & cessationAuditor report · Dissolution · Declaration10 facts ▸
State Gazette act
Legal-form change · Resignations & appointments · End & cessation
Auditor report · Dissolution · Declaration10 facts ▸
- General meeting, 30-06-2026
- General meeting, acceptance of board report, artikel 2:80 juncto 2:71 van het Wetboek van vennootschappen en verenigingen
- Auditor report, 30-06-2026
- General meeting, acceptance of auditor report
- Dissolution, ontbinding en onmiddellijke sluiting van de vereffening, artikel 2:80 van het Wetboek van vennootschappen en verenigingen
- Declaration, no real estate, De Vennootschap geen eigenaar is van onroerende goederen en/of zakelijke rechten
- Auditor discharge, bedrijfsrevisor, vanaf het begin van het lopend boekjaar tot op heden
- Power of attorney
- Other statement, bestuurder(s), officer resignation
- Other statement, bestuurder, officer discharge
2025
31-12
Financial
Weakest financial yearnet -€22,613
Net result drops to -€22,613, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €251
Net result €251 after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €369
Net result €369 after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 1 act read
Directors · office · real estate
Directors
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Truiden
Ground area
744 m²
Building footprint
621 m²
Volume, LiDAR
4,012 m³
Parcel 71053H0638/00G000, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71053H0638/00G000 | Flanders | 744 m² | 1 · 621 m² | 12.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Custody of records
3800 Sint-Truiden, Beekstraat 16, 5
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Of 1,583 companies in this sector we hold annual accounts for 991. 485 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded26-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
47251Retail sale of wines and spirits
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.