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PAVERLO

Active Public limited companyfounded 1989active for 37 yearsKoning Leopoldstraat 77, 9920 LievegemKBO/BCE: BE 0437.547.994 subsidiary of

Lifetime

20 annual accounts with figures on one time axis, 36 filings since 1990
peak €953,177 (2007)
-€1,116▼ €50,448
lowest -€5.1m (2025)
-€5.1m▼ €5.1m
peak €3.1m (2022)
-€5.0m▼ €7.8m
€7.2m▲ 63.1%
peak 9.4 FTE (2006)
-not published
Board7 names since 2018
- 
Owners4 names in the annual accounts
24.91% and 1 other
Documentsfilings and deeds
25-06-202636 days before the deadline
2025micro format
Gross margin from €49,331 to -€1,116Loss of €5.1mCapital decrease of €2,665,328.77 08-124 directors resigning, 3 reappointments 19-08Equity from €2.8m to -€5.0mDebts from €4.4m to €7.2m

Key points

from the 2025 annual accounts

Equity

-€5.0m
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€5.5m in three years
-0.42023-0.022024-5.12025

Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.

Debts

€7.2m 327% of the balance sheet
Financial debts 60%Suppliers 0%Taxes and wages 0%Other 39%

Of this, €2.8m falls due within a year.

Turnover not published (abbreviated or micro format)Total assets -70%: capital reduction

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 677 companies had the same profile as PAVERLO has now. Each dot stands for 2 companies, two years later.

84.5%
were still trading
6.2%
stopped another way
6.8%
went bankrupt
  • Small
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 2.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 677 companies, not a prediction for PAVERLO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

last known board
Director, until 2025
Director, until 2025
Director, until 2025
Director, until 2025
  • 74.27%annual accounts 2020
  • consolidatesannual accounts 2020
  • 25%bankrupt since 24-03-2026equity €1.6m (2023) · 2023 annual accounts of
and 2 other shareholdersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0437547994
Capital decrease of €2,665,328.77 Capital from 2.726.828,77 to 61.500,00 · General meeting of 25-11-2025 · Gazette deed
4 directors resigning, 3 reappointments Resignations: , , and · Reappointments: , and · General meeting of 29-06-2024 · Gazette deed
Amendment of the articles Gazette deed
All 57 events

Official details

Source: KBO
Status
Active since 20-05-1989Normal situation
Activity
“Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard; in de ruimste zin,bijstand en…” (deed in Dutch)From the articles, 16 activitiesNo NACE code in the KBO yet
Establishment unit
2.043.756.5449051 Ghent, since 15-06-1989
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€2.2m▼ 70.0%
Filing
Filed on 25-06-2026, 36 days before the end of the filing period
Financials

Companies linked to PAVERLO

Shareholders

  • 24.91%
  • 24.82%

Insights on PAVERLO

PAVERLO files the micro format. That format states no turnover. The gross margin fell from €691,302 in 2006 to -€1,116 in 2025.

In August 2025, four directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PAVERLO

What is the company number of PAVERLO?
The company number of PAVERLO is 0437.547.994. The VAT number is the same number with BE in front: BE 0437.547.994.
Where is PAVERLO based?
The registered office is at Koning Leopoldstraat 77, 9920 Lievegem.Company details
What is the legal form of PAVERLO?
PAVERLO is a public limited company (NV).
When was PAVERLO founded?
PAVERLO was founded on 20-05-1989.
Is PAVERLO still active?
Yes, PAVERLO is an active enterprise in the KBO register.
How many employees does PAVERLO have?
PAVERLO had an average of 0.8 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of PAVERLO?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
Is PAVERLO profitable?
In financial year 2025, PAVERLO made a loss of €5.1m.
Where can I find the annual accounts of PAVERLO?
PAVERLO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PAVERLO due?
PAVERLO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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