PAVONIS
Open bankruptcyA bankruptcy procedure is open for PAVONIS according to publications in the Belgian State Gazette; curator: YVES DESUTTER.
Summary
The 2021 annual accounts show equity of €404,216 and a net result of €72,737.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 28 May 2024
- Supervising judge
- Emmanuel De Marez
- Official Gazette
- 06-06-2024 (pdf) ↗search the document for 2024/123301
Deadlines
- Provisional date payments stopped
- 28 May 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 21 June 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 27 June 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 26 July 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 28 May 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Yves DesutterEikenstraat 80, 2840 Rumstyves@advocaatdesutter.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 20-06-2022, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
41 d early
2020
43 d early
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 40 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€404,216▲ 21.9%
2020 · €331,480
Total assets
€471,216▲ 17.6%
2020 · €400,718
Net result
€72,737▲ 37.5%
2020 · €52,905
Working capital
€415,341▲ 21.3%
2020 · €342,516
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€30,875-€44,440▲ 43.9%€35,035▼ 21.2%€74,165▲ 112%
Net result€39,613-€46,026▲ 16.2%€52,905▲ 14.9%€72,737▲ 37.5%
Equity€232,549-€278,574▲ 19.8%€331,480▲ 19.0%€404,216▲ 21.9%
Total assets€285,225-€343,138▲ 20.3%€400,718▲ 16.8%€471,216▲ 17.6%
Debt€52,676-€64,564▲ 22.6%€69,238▲ 7.2%€66,999▼ 3.2%
Working capital€248,937-€295,062▲ 18.5%€342,516▲ 16.1%€415,341▲ 21.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 112% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €471,216
Fixed assets
€5,363 ▼ 1.6%
Current assets
€465,853 ▲ 17.9%
Equity and liabilities €471,216
Equity
€404,216 ▲ 21.9%
Debt
€66,999 ▼ 3.2%
Debt's share of the balance-sheet total falls from 17.3% to 14.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€75,625▲
2020 · €35,039
Cash flow
€74,197▲
2020 · €52,909
Current ratio
9.22▲
2020 · 7.49
Debt to equity
0.17
ROE
18.0%▲
2020 · 16.0%
ROA
15.4%▲
2020 · 13.2%
Interest coverage
216.58
Debt ≤ 1 year
€50,512▼
2020 · €52,751
Income taxes
€27,184▲
2020 · €16,161
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €99 | €99 | €4 | €1,460 | ▲ 39,041% |
| Other operating charges640/8 | - | - | - | €1,056 | - |
| Gross operating margin9900 | €32,467 | €45,687 | €35,933 | €76,681 | ▲ 113% |
| Operating profit (loss)9901 | €30,875 | €44,440 | €35,035 | €74,165 | ▲ 112% |
| Financial income75/76B | - | - | - | €26,104 | - |
| Recurring financial income75 | €21,630 | €25,400 | €34,485 | €26,104 | ▼ 24.3% |
| Financial charges65/66B | - | - | - | €349 | - |
| Recurring financial charges65 | €734 | €879 | €454 | €349 | ▼ 23.1% |
| Profit (loss) for the period before taxes9903 | €51,771 | €68,961 | €69,066 | €99,920 | ▲ 44.7% |
| Income taxes67/77 | €12,158 | €22,935 | €16,161 | €27,184 | ▲ 68.2% |
| Profit (loss) for the period9904 | €39,613 | €46,026 | €52,905 | €72,737 | ▲ 37.5% |
| Profit (loss) for the period to be appropriated9905 | €39,613 | €46,026 | €52,905 | €72,737 | ▲ 37.5% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €285,225 | €343,138 | €400,718 | €471,216 | ▲ 17.6% |
| Fixed assets21/28 | €99 | - | €5,451 | €5,363 | ▼ 1.6% |
| Tangible fixed assets22/27 | €99 | - | €5,451 | €5,363 | ▼ 1.6% |
| Furniture and vehicles24 | - | - | - | €5,363 | - |
| Current assets29/58 | €285,126 | €343,138 | €395,266 | €465,853 | ▲ 17.9% |
| Amounts receivable within one year40/41 | €283,852 | €341,398 | €390,602 | €461,813 | ▲ 18.2% |
| Trade receivables40 | - | - | - | €9,997 | - |
| Other amounts receivable41 | - | - | - | €451,816 | - |
| Cash at bank and in hand54/58 | €1,274 | €1,741 | €4,665 | €4,040 | ▼ 13.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €285,225 | €343,138 | €400,718 | €471,216 | ▲ 17.6% |
| Equity10/15 | €232,549 | €278,574 | €331,480 | €404,216 | ▲ 21.9% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | - |
| Reserves13 | €226,349 | €272,374 | €325,280 | €398,016 | ▲ 22.4% |
| Non-distributable reserves130/1 | - | - | - | €1,855 | - |
| Reserves not available under the articles1311 | - | - | - | €1,855 | - |
| Distributable reserves133 | - | - | - | €396,161 | - |
| Amounts payable17/49 | €52,676 | €64,564 | €69,238 | €66,999 | ▼ 3.2% |
| Amounts payable within one year42/48 | €36,189 | €48,076 | €52,751 | €50,512 | ▼ 4.2% |
| Trade debts44 | €1,242 | €8,000 | €9,142 | €2,911 | ▼ 68.2% |
| Suppliers440/4 | - | - | - | €2,911 | - |
| Taxes, remuneration and social security45 | - | - | - | €47,600 | - |
| Taxes450/3 | - | - | - | €47,600 | - |
| Accrued charges and deferred income492/3 | - | - | - | €16,488 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,613 | €46,026 | €52,905 | €72,737 | ▲ 37.5% |
| + Depreciation and write-downs630 | €99 | €99 | €4 | €1,460 | ▲ 39,041% |
| Operating cash flow (approximation) | €39,712 | €46,125 | €52,909 | €74,197 | ▲ 40.2% |
| Investment in fixed assets (approximation) | - | - | - | -€1,371 | - |
| Change in cash | - | €467 | €2,924 | -€625 | ▼ 121% |
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
2024
06-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 28-05-2024
12-01
Bankruptcy
Judicial dissolution, liquidator appointed
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 09-01-2024
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €72,737 ▲37.5%
Operating result €74,165, net result €72,737, both a record.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
12-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
24-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial 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.
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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, Kalmthout · 1 establishment unit since 2010
Ground area
1,124 m²
Building footprint
133 m²
Volume, LiDAR
767 m³
Parcel 11022F0004/00L018, Flanders · tallest building 14.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pavonis
since 20102.191.606.419
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11022F0004/00L018 | Flanders | 1,124 m² | 1 · 133 m² | 14.6 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | YVES DESUTTER EIKENSTRAAT 80, 2840 RUMST- |
28-05-2024 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded11-08-2010
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.