Pavio
ActiveSummary
Pavio has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €505k and a net result of €80k. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-7
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.75 against 3.03 in 2024; short-term debt: 14.9% and cash: 42.8% of total assets), and 19.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.5%
Return on assets
12.7%
Age of the figures
9 mo
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
13 d early
2023
on the day
2022
6 d early
2021
14 d early
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€505k▲ 18.3%
2024 · €427k
2019: €114klowest in 7 years
2020: €188k▲ +65.4% vs 2019
2021: €238k▲ +26.7% vs 2020
2022: €276k▲ +15.8% vs 2021
2023: €324k▲ +17.7% vs 2022
2024: €427k▲ +31.7% vs 2023
2025: €505k▲ +18.3% vs 2024highest in 7 years
2019 → 2025
Total assets
€628k▲ 11.6%
2024 · €563k
2019: €271klowest in 7 years
2020: €329k▲ +21.5% vs 2019
2021: €332k▲ +1.0% vs 2020
2022: €306k▼ -7.8% vs 2021
2023: €479k▲ +56.4% vs 2022
2024: €563k▲ +17.6% vs 2023
2025: €628k▲ +11.6% vs 2024highest in 7 years
2019 → 2025
Net result
€80k▼ 23.6%
2024 · €104k
2019: €94k
2020: €74k▼ -20.7% vs 2019
2021: €50k▼ -32.4% vs 2020
2022: €38k▼ -25.1% vs 2021lowest in 7 years
2023: €72k▲ +92.1% vs 2022
2024: €104k▲ +44.7% vs 2023highest in 7 years
2025: €80k▼ -23.6% vs 2024
2019 → 2025
Working capital
€256k▲ 32.3%
2024 · €194k
2019: €-28klowest in 7 years
2020: €15k▲ +156% vs 2019
2021: €42k▲ +173% vs 2020
2022: €61k▲ +43.9% vs 2021
2023: €81k▲ +32.7% vs 2022
2024: €194k▲ +140% vs 2023
2025: €256k▲ +32.3% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€238k-€276k▲ 15.8%€324k▲ 17.7%€427k▲ 31.7%€505k▲ 18.3%
2021: €238klowest in 5 years
2022: €276k▲ +15.8% vs 2021
2023: €324k▲ +17.7% vs 2022
2024: €427k▲ +31.7% vs 2023
2025: €505k▲ +18.3% vs 2024highest in 5 years
Operating result€72k-€78k▲ 7.8%€101k▲ 30.3%€153k▲ 51.4%€103k▼ 33.0%
2021: €72klowest in 5 years
2022: €78k▲ +7.8% vs 2021
2023: €101k▲ +30.3% vs 2022
2024: €153k▲ +51.4% vs 2023highest in 5 years
2025: €103k▼ -33.0% vs 2024
Net result€50k-€38k▼ 25.1%€72k▲ 92.1%€104k▲ 44.7%€80k▼ 23.6%
2021: €50k
2022: €38k▼ -25.1% vs 2021lowest in 5 years
2023: €72k▲ +92.1% vs 2022
2024: €104k▲ +44.7% vs 2023highest in 5 years
2025: €80k▼ -23.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €628k
Fixed assets
€278k ▲ 1.7%
Current assets
€349k ▲ 21.0%
Equity and liabilities €628k
Equity
€505k ▲ 18.3%
Debt
€123k ▼ 9.6%
Debt's share of the balance-sheet total falls from 24.1% to 19.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€141k▼
2024 · €199k
Cash flow
€118k▼
2024 · €150k
Current ratio
3.75▲
2024 · 3.03
Debt to equity
0.24▼
2024 · 0.32
ROE
15.8%▼
2024 · 24.5%
ROA
12.7%▼
2024 · 18.6%
Interest coverage
45.58▼
2024 · 52.98
Debt ≤ 1 year
€93k▼
2024 · €95k
Debt > 1 year
€28k▼
2024 · €38k
Income taxes
€22k▼
2024 · €46k
Staff costs
€0
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€563k€628k▲
Fixed assets21/28€274k€278k▲
Tangible fixed assets22/27€274k€278k▲
Land and buildings22€208k€201k▼
Plant, machinery and equipment23€12k€15k▲
Furniture and vehicles24€54k€63k▲
Current assets29/58€289k€349k▲
Amounts receivable within one year40/41€87k€79k▼
Trade receivables40€87k€73k▼
Other amounts receivable41-€6k
Cash at bank and in hand54/58€201k€269k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€563k€628k▲
Equity10/15€427k€505k▲
Contributions10/11€20k€20k=
Reserves13€407k€485k▲
Distributable reserves133€407k€485k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€136k€123k▼
Amounts payable after more than one year17€38k€28k▼
Financial debts170/4€38k€28k▼
Amounts payable within one year42/48€95k€93k▼
Current portion of amounts payable after more than one year42€20k€23k▲
Trade debts44€10k€12k▲
Suppliers440/4€10k€12k▲
Taxes, remuneration and social security45€43k€40k▼
Taxes450/3€39k€40k▲
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48€23k€18k▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€38k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€201k€142k▼
Operating profit (loss)9901€153k€103k▼
Financial income75/76B€912€2k▲
Recurring financial income75€912€2k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€151k€102k▼
Income taxes67/77€46k€22k▼
Profit (loss) for the period9904€104k€80k▼
Profit (loss) for the period to be appropriated9905€104k€80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€104k€80k▼
Transfer from equity791/2€2k€0▼
Transfer to equity691/2€104k€78k▼
To other reserves6921€104k€78k▼
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €23k | €26k | €46k | €38k | ▼ 15.9% |
| Other operating charges640/8 | - | €2k | €2k | €2k | €1k | ▼ 45.9% |
| Gross operating margin9900 | €96k | €103k | €129k | €201k | €142k | ▼ 29.3% |
| Operating profit (loss)9901 | €72k | €78k | €101k | €153k | €103k | ▼ 33.0% |
| Financial income75/76B | - | - | €66 | €912 | €2k | ▲ 150% |
| Recurring financial income75 | - | - | €66 | €912 | €2k | ▲ 150% |
| Financial charges65/66B | - | €777 | €2k | €4k | €3k | ▼ 17.5% |
| Recurring financial charges65 | €1k | €777 | €2k | €4k | €3k | ▼ 17.5% |
| Profit (loss) for the period before taxes9903 | €71k | €77k | €100k | €151k | €102k | ▼ 32.2% |
| Income taxes67/77 | €20k | €39k | €28k | €46k | €22k | ▼ 51.8% |
| Profit (loss) for the period9904 | €50k | €38k | €72k | €104k | €80k | ▼ 23.6% |
| Profit (loss) for the period to be appropriated9905 | €50k | €38k | €72k | €104k | €80k | ▼ 23.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €332k | €306k | €479k | €563k | €628k | ▲ 11.6% |
| Fixed assets21/28 | €237k | €215k | €303k | €274k | €278k | ▲ 1.7% |
| Tangible fixed assets22/27 | €237k | €215k | €303k | €274k | €278k | ▲ 1.7% |
| Land and buildings22 | - | €192k | €203k | €208k | €201k | ▼ 3.3% |
| Plant, machinery and equipment23 | - | €17k | €15k | €12k | €15k | ▲ 18.6% |
| Furniture and vehicles24 | - | €6k | €85k | €54k | €63k | ▲ 17.1% |
| Current assets29/58 | €95k | €91k | €175k | €289k | €349k | ▲ 21.0% |
| Amounts receivable within one year40/41 | €23k | €22k | €44k | €87k | €79k | ▼ 8.9% |
| Trade receivables40 | - | €22k | €40k | €87k | €73k | ▼ 16.3% |
| Other amounts receivable41 | - | - | €3k | - | €6k | - |
| Cash at bank and in hand54/58 | €72k | €69k | €128k | €201k | €269k | ▲ 33.7% |
| Deferred charges and accrued income490/1 | - | - | €4k | €1k | €2k | ▲ 50.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €332k | €306k | €479k | €563k | €628k | ▲ 11.6% |
| Equity10/15 | €238k | €276k | €324k | €427k | €505k | ▲ 18.3% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €94k | €94k | €304k | €407k | €485k | ▲ 19.2% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €92k | €302k | €407k | €485k | ▲ 19.2% |
| Profit (loss) carried forward14 | €124k | €162k | - | - | €0 | - |
| Amounts payable17/49 | €94k | €31k | €154k | €136k | €123k | ▼ 9.6% |
| Amounts payable after more than one year17 | €41k | - | €58k | €38k | €28k | ▼ 27.8% |
| Financial debts170/4 | - | - | €58k | €38k | €28k | ▼ 27.8% |
| Amounts payable within one year42/48 | €53k | €30k | €95k | €95k | €93k | ▼ 2.1% |
| Current portion of amounts payable after more than one year42 | - | €9k | €29k | €20k | €23k | ▲ 16.3% |
| Trade debts44 | €5k | €12k | €20k | €10k | €12k | ▲ 20.0% |
| Suppliers440/4 | - | €12k | €20k | €10k | €12k | ▲ 20.0% |
| Taxes, remuneration and social security45 | - | €9k | €21k | €43k | €40k | ▼ 6.7% |
| Taxes450/3 | - | €9k | €17k | €39k | €40k | ▲ 3.3% |
| Remuneration and social security454/9 | - | - | €4k | €4k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €531 | €25k | €23k | €18k | ▼ 19.0% |
| Accrued charges and deferred income492/3 | - | €300 | €1k | €2k | €2k | ▼ 17.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €38k | €72k | €104k | €80k | ▼ 23.6% |
| + Depreciation and write-downs630 | €23k | €23k | €26k | €46k | €38k | ▼ 15.9% |
| Operating cash flow (approximation) | €73k | €61k | €98k | €150k | €118k | ▼ 21.3% |
| Investment in fixed assets (approximation) | - | €-2k | €-114k | €-16k | €-43k | ▼ 165% |
| Change in cash | - | €-3k | €59k | €73k | €68k | ▼ 7.5% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €500kEq €505k ▲18.3%
7 profitable years in a row build equity to €505k.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €104k ▲44.7%
Operating result €153k, net result €104k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €38k ▼25.1%
Net result drops to €38k, the lowest in the series; recovery starts the following year.
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €200kEq €238k ▲26.7%
3 profitable years in a row build equity to €238k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity doublescurrent ratio 1.21
Current ratio from 0.54 to 1.21.
30-06
Financial
Equity above €150kEq €188k ▲65.4%
2 profitable years in a row build equity to €188k.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 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, Deinze · 1 establishment unit since 2018
Ground area
880 m²
Building footprint
208 m²
Volume, LiDAR
899 m³
Parcel 44049B0119/00Z000, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Pavio
since 20182.273.164.019
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44049B0119/00Z000 | Flanders | 880 m² | 1 · 208 m² | 8.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 574 EUR awarded · 574 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 150 EUR | 150 EUR |
| 2023 | 1 | 424 EUR | 424 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Care and welfare
1 servicePavio Curly's
Legal Entity Identifier
648800LNF3DJCZH5J656
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 34,551 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
66199Other activities auxiliary to financial services, excluding insurance and pension funding
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.