Financials
- Fiscal year
- 2025
- Total assets
- €199,474
- Profit
- €2,534
- Solvency
- -13.8%
Total assets▼ 8.2%
Net result
20182025
Pavé Immo
ActiveSummary
Pavé Immo has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€27,470) and a net result of €2,534. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 11% of 15312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Development of residential building projects
NACE 68121Real estate development NACE 41101
1 site
How big
€199,474total assets 2025
- Equity
- -€27,470
- Profit
- €2,534
Turnover not published (abridged schema)
Who decides
Accounts 17 d early0 of 3 deeds read
Why 55Capped at 59: negative equity- Negative equity -€27,470+ Size: total assets €199,474+ Liquidity: current ratio 0.60, cash €34,504+ Sector Real estate activities (NACE 68)Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 38% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
11=
equity -13.8% of total assets
Liquidity
22+1
short-term debt 113.8% · cash 17.3%
Profitability
70-3
return on assets 1.3%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 3 months
08-2026: 0.3%highest value
09-2026: 0.3%● 0.0% vs 08-2026highest value
10-2026: 0.3%● 0.0% vs 09-2026highest value
- Negative equity -€27,470 raises the probability
- Size: total assets €199,474 lowers the probability for this profile
- Liquidity: current ratio 0.60, cash €34,504 lowers the probability
- Sector Real estate activities (NACE 68) lowers the probability
No credit on open account
Liquidity short (current ratio 0.6 against 0.61 in 2024; short-term debt: 113.8% and cash: 17.3% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 12%, liquidity 17%, profitability 60%, growth against the median 64%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 15312 sector peers (2025).
NBB · sector comparisonPosition among 15312 sector peers
Solvency
better than 11%
← weakest
strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
24 d early
2023
30 d early
2022
19 d early
2021
12 d late
2020
30 d late
2019
7 d 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 8 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 12 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 31-07-2027
- 14-07-2026Annual accounts filed
- 07-07-2025Annual accounts filed
- 01-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 19-01-2006
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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