PAVI & CHAPE
ActiveSummary
PAVI & CHAPE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €137k and a net result of €48k. Equity is growing by ~41.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+21
Solvency63▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.55 in 2023; short-term debt: 52.9% and cash: 25.6% of total assets), but 62.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
55 d early
2022
31 d late
2021
48 d early
2020
17 d late
2019
72 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€137k▲ 53.1%
2023 · €89k
2018: €19k
2019: €20k
2020: €32k
2021: €61k
2022: €74k
2023: €89k
2018 → 2024
Total assets
€361k▲ 31.9%
2023 · €274k
2018: €73k
2019: €131k
2020: €174k
2021: €281k
2022: €271k
2023: €274k
2018 → 2024
Net result
€48k▲ 211%
2023 · €15k
2018: €37k
2019: €2k
2020: €12k
2021: €29k
2022: €13k
2023: €15k
2018 → 2024
Working capital
€112k▲ 19.5%
2023 · €94k
2018: €17k
2019: €42k
2020: €66k
2021: €96k
2022: €94k
2023: €94k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€32k-€61k▲ 91.9%€74k▲ 21.2%€89k▲ 20.6%€137k▲ 53.1%
Operating result€16k-€44k▲ 167%€15k▼ 64.8%€25k▲ 62.8%€65k▲ 159%
Net result€12k-€29k▲ 151%€13k▼ 55.8%€15k▲ 18.0%€48k▲ 211%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 159% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €361k
Fixed assets
€58k ▲ 487%
Current assets
€303k ▲ 14.8%
Equity and liabilities €361k
Equity
€137k ▲ 53.1%
Debt
€224k ▲ 21.6%
Debt's share of the balance-sheet total falls from 67.4% to 62.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81k▲
2023 · €34k
Cash flow
€64k▲
2023 · €25k
Current ratio
1.59▲
2023 · 1.55
Debt to equity
1.64▼
2023 · 2.06
ROE
34.7%▲
2023 · 17.1%
ROA
13.2%▲
2023 · 5.6%
Interest coverage
19.59▲
2023 · 4.54
Debt ≤ 1 year
€191k▲
2023 · €170k
Debt > 1 year
€30k▲
2023 · €13k
Income taxes
€16k▲
2023 · €6k
Staff costs
€71k▼
2023 · €90k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€274k€361k▲
Fixed assets21/28€10k€58k▲
Tangible fixed assets22/27€8k€56k▲
Furniture and vehicles24€8k€56k▲
Financial fixed assets28€2k€2k=
Current assets29/58€264k€303k▲
Amounts receivable after more than one year29€14k€14k=
Other amounts receivable291€14k€14k=
Amounts receivable within one year40/41€192k€184k▼
Trade receivables40€151k€128k▼
Other amounts receivable41€41k€56k▲
Cash at bank and in hand54/58€56k€92k▲
Deferred charges and accrued income490/1€1k€13k▲
Equity and liabilities
Total equity and liabilities10/49€274k€361k▲
Equity10/15€89k€137k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€81k€129k▲
Amounts payable17/49€184k€224k▲
Amounts payable after more than one year17€13k€30k▲
Financial debts170/4€13k€30k▲
Amounts payable within one year42/48€170k€191k▲
Current portion of amounts payable after more than one year42€23k€28k▲
Trade debts44€136k€149k▲
Suppliers440/4€136k€149k▲
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€2k€12k▲
Remuneration and social security454/9€9k€3k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20232024
Remuneration, social security and pensions62€90k€71k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€16k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-7k€2k▲
Other operating charges640/8€10k€3k▼
Gross operating margin9900€127k€157k▲
Operating profit (loss)9901€25k€65k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€2k€3k▲
Non-recurring financial income76B€2k-
Financial charges65/66B€8k€4k▼
Recurring financial charges65€8k€4k▼
Profit (loss) for the period before taxes9903€21k€63k▲
Income taxes67/77€6k€16k▲
Profit (loss) for the period9904€15k€48k▲
Profit (loss) for the period to be appropriated9905€15k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€81k€129k▲
Profit (loss) brought forward from the previous period14P€66k€81k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €48k ▲211%
Operating result €65k, net result €48k, both a record.
31-12
Financial
Equity above €100kEq €137k ▲53.1%
7 profitable years in a row build equity to €137k.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
20-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €2k ▼96%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Soumagne · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Rafhay 214630 SoumagneGround area
985 m²
Building footprint
183 m²
Volume, LiDAR
901 m³
Parcel 62099D0059/00V000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pavi & Chape
since 20182.273.992.774
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62099D0059/00V000 | Wallonia | 984 m² | 1 · 183 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
2549005EC2R79EB6CY59
Similar companies · same sector, comparable size
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Of 751 companies in sector 43422 we hold annual accounts for 424. 353 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.