Equity
€145,068 ▲ 6.0%
PAVI & CHAPE has made a profit in every financial year since 2018.
PAVI & CHAPE
Lifetime
8 annual accounts with figures on one time axispeak €167,023 (2025)
€167,023▲ 6.4%
peak €47,502 (2024)
€14,771▼ 68.9%
peak €145,068 (2025)
€145,068▲ 6.0%
€203,520▼ 9.3%
peak 1.9 FTE (2020)
-not published
Board5 names since 2018
1 directorMourad GHORD
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Result from €47,502 to €14,771Dividend €1,600Investments €85,439
Key points
from the 2025 annual accountsTurnover
≈ €550,000 estimated
The micro format states no turnover.
Investments
€141,779 5.6 × depreciation
Green is investment, beige is depreciation.
Staff
2 employees on 31-12-2025
In 2025, 4 people joined and 4 left.
Filings
8 annual accounts 4 late
The 2022 accounts came latest: 31 days after the end of the period.
Position in the sector
€167,023
Higher gross margin than 87% of companies in specialised construction. Sector median €39,318 · 35,096 companies.
Checked score
87
Excellent
Financially stronger than 49% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.7%▼ -0.1 percentage points vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.8%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%▼ -0.1 percentage points vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 1.3%▲ +0.5 percentage points vs 07-2025highest value
09-2025: 0.5%▼ -0.8 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.4%▼ -0.1 percentage points vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026
10-2026: 0.2%▼ -0.3 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 2.03, cash €69,098
Figures for financial year 2025 (filed on 22-06-2026)
Equity €145,068 (41.6% of total assets)
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 43, micro). It does better than 45% of them on solvency, 58% on liquidity, 46% on profitability and 48% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as PAVI & CHAPE has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
The bankruptcy probability of PAVI & CHAPE itself is lower: 0.2% within 12 months. It rests on far more data about PAVI & CHAPE than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 5,047 companies, not a prediction for PAVI & CHAPE. 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
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.03 (1.59 in 2024), above the usual 1.5. Short-term debt is 32.5% and cash 19.8% of total assets. However, 58.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 22-06-2026, 39 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
39 days early
2024
25 days late
2023
55 days early
2022
31 days late
2021
48 days early
2020
17 days late
2019
72 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (4 of the last 5 accounts filed within 64 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0691780937
Reappointment: Mourad GHORD (director)
Resignation: Vinciane VANDERBEMDEN (manager) · General meeting of 16-01-2024 · Gazette deed
Registered office moved from Liège to Soumagne
New registered office: Rue Rafhay 21 à 4630 Soumagne · Previous registered office: Rue Paul-Joseph-Carpay 29 boite 21, 4020 Liège · Appointment: VANDERBEMDEN Vinciane Huberte Marie-Pierre (manager) · Board meeting of 31-01-2022 · Gazette deed
Transfer of 10 shares from CHOWANIEC Dariusz to GHORD Mourad
Resignation: CHOWANIEC Dariusz (responsable technique et de chantier) · General meeting of 23-06-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PAVI & CHAPE Soumagne | €348,588 | €167,023 | 41.6% | - |
| Betonvloeren kg Beveren-Kruibeke-Zwijndrecht | €433,503 | €177,346 | 53.6% | - |
| LB Bouwonderneming Tongeren-Borgloon | €264,785 | €134,442 | 82.6% | - |
| Ben Mertens Malle | €310,541 | €225,228 | 65.6% | - |
| DAMI PROJECTS Sint-Pieters-Leeuw | €519,814 | €195,728 | 70.0% | - |
| DOLUS Anderlecht | €433,383 | €110,600 | 50.7% | - |
| MCL RENOVATION Etterbeek | €263,016 | €221,474 | 49.7% | 2.5 |
These companies have the same main activity as PAVI & CHAPE: screed work (NACE 43422). They are comparable in size and age: total assets between €263,000 and €520,000, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 06-03-2018Normal situation
- Activity
- Screed workNACE 43422
- Establishment unit
- 2.273.992.7744630 Soumagne, since 13-03-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Annual accounts 2025
- €348,588▼ 3.5%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on PAVI & CHAPE
PAVI & CHAPE files the micro format. That format states no turnover. The gross margin rose from €103,589 in 2018 to €167,023 in 2025.
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 PAVI & CHAPE
- What is the company number of PAVI & CHAPE?
- The company number of PAVI & CHAPE is 0691.780.937. The VAT number is the same number with BE in front: BE 0691.780.937.
- Where is PAVI & CHAPE based?
- The registered office is at Rue Rafhay 21, 4630 Soumagne.Company details
- What does PAVI & CHAPE do?
- According to the KBO register, the main activity is screed work (NACE 43422).
- What is the legal form of PAVI & CHAPE?
- PAVI & CHAPE is a private limited company (BV).
- When was PAVI & CHAPE founded?
- PAVI & CHAPE was founded on 06-03-2018.
- Is PAVI & CHAPE still active?
- Yes, PAVI & CHAPE is an active enterprise in the KBO register.
- How many employees does PAVI & CHAPE have?
- PAVI & CHAPE had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PAVI & CHAPE?
- The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €167,023 and 232 comparable companies (NACE 43). It probably lies between €420,000 and €770,000.
- Is PAVI & CHAPE profitable?
- In financial year 2025, PAVI & CHAPE made a profit of €14,771.
- Where can I find the annual accounts of PAVI & CHAPE?
- PAVI & CHAPE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAVI & CHAPE due?
- PAVI & CHAPE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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