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PAVYCAL

Active
Public limited companyfounded 198738 yrs activeTiletumstraat 3, 8755 Wingene, BelgiumKBO/BCE: BE 0432.636.925
Summary

PAVYCAL has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.1m and a net result of €531,010. Equity is shrinking by ~5.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).

Overview

What they do
Activity not known1 site
How big
€1.1mtotal assets 2024
Equity
€1.1m
Profit
€531,010
Turnover not published (abridged schema)
Financially healthy?
59 Fair Checked score 2024
Bankruptcy chance 12 m
0.5%
Who decides
Accounts 63 d overdue0 of 3 deeds read
Why 59- No NACE activity registered- Filed more than 90 days late+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profile+ Growing equityShow the evidence

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+75
Solvency100▲+13
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days only on tighter terms
Liquidity ample (current ratio 33.23 against 0.12 in 2023; short-term debt: 1.2% and cash: 39% of total assets), and 6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
94%
Return on assets
46.7%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €1.1m
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
152 d late
2023
28 d late
2022
31 d early
2021
11 d early
2020
11 d early
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 26 days after 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Back to profitnet €531,010
  3. Liquidity times 288current ratio 33.23

Key points

  • Positive: Equity rose in 2024from €538,880 to €1.1m ▲ 98.5% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Active since 1987founded 30-10-1987 38 years View

By topic

Financials

Fiscal year
2024
Total assets
€1.1m
Profit
€531,010
Solvency
94.0%
Total assets▲ 31.5%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 30-12-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2024Liquidity times 288
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
30-10-1987
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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