Pavolia
ActivePavolia has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95k and a net result of €13k. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 88% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-16
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 8.35 against 5.94 in 2024; short-term debt: 11.7% and cash: 92.8% of total assets), and 11.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
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
88.3%
Return on assets
12.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
24 d early
2024
35 d early
2023
42 d early
2022
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€95k▲ 16.6%
2024 · €81k
2022: €25k
2023: €48k
2024: €81k
2022 → 2025
Total assets
€107k▲ 10.3%
2024 · €97k
2022: €38k
2023: €55k
2024: €97k
2022 → 2025
Net result
€13k▼ 60.0%
2024 · €34k
2022: €20k
2023: €23k
2024: €34k
2022 → 2025
Working capital
€92k▲ 17.1%
2024 · €79k
2022: €24k
2023: €47k
2024: €79k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€25k-€48k▲ 92.7%€81k▲ 70.7%€95k▲ 16.6%
Operating result€25k-€30k▲ 16.9%€43k▲ 45.4%€18k▼ 58.8%
Net result€20k-€23k▲ 16.2%€34k▲ 47.0%€13k▼ 60.0%
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 59% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€2k▼ 1.1%
Current assets
€105k▲ 10.6%
Equity and liabilities €107k
Equity
€95k▲ 16.6%
Debt
€13k▼ 21.4%
The debt ratio falls from 16.5% to 11.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €44k
Cash flow
€14k▼
2024 · €34k
Solvency
88.3%▲
2024 · 83.5%
Current ratio
8.35▲
2024 · 5.94
Quick ratio
8.35▲
2024 · 5.94
Debt / equity
0.13▼
2024 · 0.20
ROE
14.2%▼
2024 · 41.4%
ROA
12.5%▼
2024 · 34.6%
Interest coverage
150.08▼
2024 · 226.67
Debt
€13k▼
2024 · €16k
Debt ≤ 1 year
€13k▼
2024 · €16k
Income taxes
€4k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€97k€107k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23-€327
Furniture and vehicles24€2k€2k▼
Current assets29/58€95k€105k▲
Amounts receivable within one year40/41€22k€6k▼
Trade receivables40€18k€4k▼
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€73k€99k▲
Equity and liabilities
Total equity and liabilities10/49€97k€107k▲
Equity10/15€81k€95k▲
Contributions10/11€5k€5k=
Reserves13€76k€90k▲
Distributable reserves133€76k€90k▲
Amounts payable17/49€16k€13k▼
Amounts payable within one year42/48€16k€13k▼
Trade debts44€2k€195▼
Suppliers440/4€2k€195▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€10k€10k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€345€895▲
Other operating charges640/8€135€137▲
Gross operating margin9900€44k€19k▼
Operating profit (loss)9901€43k€18k▼
Financial charges65/66B€192€125▼
Recurring financial charges65€192€125▼
Profit (loss) for the period before taxes9903€43k€18k▼
Income taxes67/77€9k€4k▼
Profit (loss) for the period9904€34k€13k▼
Profit (loss) for the period to be appropriated9905€34k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€13k▼
Transfer to equity691/2€34k€13k▼
To other reserves6921€34k€13k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €13k ▼60%
Net result drops to €13k, the lowest in the series.
2024
27-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2022net €34k ▲47%
Operating result €43k, net result €34k, both a record.
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 7.50
Current ratio from 2.89 to 7.50; short-term debt falls from €13k to €7k.
18-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2021
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.
Michiel Melynstraat 22100 AntwerpenGround area
155 m²
Building footprint
104 m²
Volume, LiDAR
709 m³
Parcel 11344A0448/00G003, Flanders · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Pavolia
since 20212.319.011.860
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11344A0448/00G003 | Flanders | 155 m² | 1 · 104 m² | 8.9 m · 3 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.
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Of 6,654 companies in sector 90111 we hold annual accounts for 384. 291 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2021
Fiscal year end30-06
Activities, NACEBEL
90031Arts creation and performing arts activities
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.