Paviljoen Vlaams Hoofd
ActiveSummary
The computed 12-month bankruptcy probability of Paviljoen Vlaams Hoofd is 1.9% (moderate). The 2024 annual accounts show equity of €31k and a net result of €27k. Its solvency ranks better than 60% of 15865 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+75
Solvency78▲+24
Growth78
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 1.4 in 2023; short-term debt: 47.5% and cash: 7.5% of total assets), and 47.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
52.5%
Return on assets
45.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
12 d late
2023
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€31k▲ 635%
2023 · €4k
Total assets
€59k▲ 302%
2023 · €15k
Net result
€27k
2023 · €-758
Working capital
€31k▲ 635%
2023 · €4k
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
Line20232024
Operating result€-757-€34k
Net result€-758-€27k
Equity€4k-€31k▲ 635%
Total assets€15k-€59k▲ 302%
Debt€11k-€28k▲ 168%
Working capital€4k-€31k▲ 635%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €34k after a loss of €757 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €59k
Equity
€31k ▲ 635%
Debt
€28k ▲ 168%
Debt's share of the balance-sheet total falls from 71.2% to 47.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.11▲
2023 · 1.40
Debt to equity
0.90▼
2023 · 2.48
ROE
86.4%▲
2023 · -17.9%
ROA
45.4%▲
2023 · -5.1%
Debt ≤ 1 year
€28k▲
2023 · €11k
Income taxes
€7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Other operating charges640/8 | - | €366 | - |
| Gross operating margin9900 | €-757 | €34k | ▲ 4,605% |
| Operating profit (loss)9901 | €-757 | €34k | ▲ 4,557% |
| Financial income75/76B | €5 | €342 | ▲ 6,742% |
| Recurring financial income75 | €5 | €342 | ▲ 6,742% |
| Financial charges65/66B | €6 | €487 | ▲ 8,194% |
| Recurring financial charges65 | €6 | €487 | ▲ 8,194% |
| Profit (loss) for the period before taxes9903 | €-758 | €34k | ▲ 4,533% |
| Income taxes67/77 | - | €7k | - |
| Profit (loss) for the period9904 | €-758 | €27k | ▲ 3,656% |
| Profit (loss) for the period to be appropriated9905 | €-758 | €27k | ▲ 3,656% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €15k | €59k | ▲ 302% |
| Current assets29/58 | €15k | €59k | ▲ 302% |
| Amounts receivable within one year40/41 | €11k | €55k | ▲ 386% |
| Trade receivables40 | €11k | €42k | ▲ 272% |
| Other amounts receivable41 | - | €13k | - |
| Cash at bank and in hand54/58 | €3k | €4k | ▲ 28.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €15k | €59k | ▲ 302% |
| Equity10/15 | €4k | €31k | ▲ 635% |
| Contributions10/11 | €5k | €5k | = |
| Reserves13 | - | €26k | - |
| Distributable reserves133 | - | €26k | - |
| Profit (loss) carried forward14 | €-758 | €0 | ▲ 100% |
| Amounts payable17/49 | €11k | €28k | ▲ 168% |
| Amounts payable within one year42/48 | €11k | €28k | ▲ 168% |
| Trade debts44 | €8k | €0 | ▼ 100% |
| Suppliers440/4 | €8k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €903 | €28k | ▲ 3,022% |
| Taxes450/3 | €903 | €28k | ▲ 3,022% |
| Other amounts payable47/48 | €1k | €0 | ▼ 100% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-758 | €27k | ▲ 3,656% |
| Operating cash flow (approximation) | €-758 | €27k | ▲ 3,656% |
| Change in cash | - | €967 | - |
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
2026
25-09
State Gazette act
Appointments: BOELEAU, ADEME and Shipit GroupPermanent representatives: BOEL Bernard Ghislaine Jacques Antoine, AERTSSEN Gregorius Julia Maria Jozef and 2 others · Reappointment: VANNUENSTRAKS (class B director) · Capital increase13 facts ▸
State Gazette act
Appointments: BOELEAU, ADEME and Shipit Group
Permanent representatives: BOEL Bernard Ghislaine Jacques Antoine, AERTSSEN Gregorius Julia Maria Jozef and 2 others · Reappointment: VANNUENSTRAKS (class B director) · Capital increase13 facts ▸
- Capital increase, €250.000
- Name change, Paviljoen Vlaams Hoofd
- Registered-office move, Beatrijslaan 29, 2050 Antwerpen
- Director appointment, BOELEAU (class A director)
- Permanent representative, BOEL Bernard Ghislaine Jacques Antoine (permanent representative)
- Director appointment, ADEME (class A director)
- Permanent representative, AERTSSEN Gregorius Julia Maria Jozef (permanent representative)
- Director appointment, Shipit Group (class B director)
- Permanent representative, D'HAEYER Jan Pieter Johan (permanent representative)
- Director reappointment, VANNUENSTRAKS (class B director)
- Permanent representative, DAMMAN Frank Filip Michiel Thor (permanent representative)
- Declaration, noch tegen bestuurder, noch tegen vaste vertegenwoordiger, no ban declaration
- +1 further facts in this act
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26365533). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
ADEME
CurrentClass A director · since 22-06-2026 · Public limited company · perm. rep.: AERTSSEN Gregorius Julia Maria Jozef
BOELEAU
CurrentDay-to-day manager · since 22-06-2026 · Private limited company · perm. rep.: BOEL Bernard Ghislaine Jacques Antoine
Shipit Group
CurrentClass B director · since 22-06-2026 · Private limited company · perm. rep.: D'HAEYER Jan Pieter Johan
VANNUENSTRAKS
CurrentClass B director · since 22-06-2026 · Private limited company · perm. rep.: DAMMAN Frank Filip Michiel Thor
22-06-2026
ADEME: Appointed as Class A director
22-06-2026
BOELEAU: Appointed as Day-to-day manager
22-06-2026
BOELEAU: Appointed as Class A director
22-06-2026
Shipit Group: Appointed as Class B director
22-06-2026
VANNUENSTRAKS: Mandate renewed as Class B director
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2023
Ground area
464 m²
Building footprint
181 m²
Volume, LiDAR
986 m³
Parcel 11011A0495/02V004, Flanders · tallest building 10.8 m, ±1 floor. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Urban Catalyst
since 20232.342.452.604
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11011A0495/02V004 | Flanders | 464 m² | 1 · 180 m² | 10.8 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.
Articles of association
Who signs
“§ 8. De besluiten van het bestuursorgaan worden vastgesteld in notulen, die worden ondertekend door de betrokken bestuurders en bewaard in een bijzonder register. Afschriften en uittreksels worden ondertekend door één (1) bestuurder. § 9. Wanneer één (1) bestuurder werd benoemd, kan deze bestuurder…”
Full text
§ 8. De besluiten van het bestuursorgaan worden vastgesteld in notulen, die worden ondertekend door de betrokken bestuurders en bewaard in een bijzonder register. Afschriften en uittreksels worden ondertekend door één (1) bestuurder. § 9. Wanneer één (1) bestuurder werd benoemd, kan deze bestuurder de vennootschap alleen handelend geldig in en buiten rechte vertegenwoordigen. Wanneer meerdere bestuurders werden benoemd, die een college vormen, wordt de vennootschap, onverminderd de algemene vertegenwoordigingsbevoegdheid van de raad van bestuur als college, geldig in en buiten rechte vertegenwoordigd door twee (2) gezamenlijk handelende bestuurders, waarvan ten minste één (1) bestuurder aan wie tevens het dagelijks bestuur werd opgedragen.”.
Other provisions of the articles (28)
- Statutes amendment: 7
- Transfer restriction: 9
- Transfer restriction (6)
- Transfer restriction: Geboden Prijs, recht om de totaliteit van hun aandelen te verkopen aan de (Kandidaat-)Overnemer
- Transfer restriction: volgrecht uitoefening, daadwerkelijke totstandkoming van de overdracht
- Transfer restriction: volgrecht betaling en overdracht, ondertekening
- Transfer restriction: volgrecht sanctie, (Kandidaat-)Overnemer(s) blijft/blijven in gebreke om een overdrachtsovereenkomst te tekenen
- Transfer restriction: Geboden Prijs, overige aandeelhouder(s) ertoe verplichten om al zijn/hun aandelen te verkopen aan de Kandidaat-Overnemer
- Transfer restriction: volgplicht uitoefening, daadwerkelijke totstandkoming van de Overdracht
- Transfer restriction: volgplicht betaling en overdracht, betaling
- Board rule (13)
Structure & network
Connections & network
4 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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Of 4,415 companies in sector 46180 we hold annual accounts for 1,884. 1,276 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
Founded08-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
63920Other information service activities
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
70200Business and other management consultancy
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.