Active BE 0476.131.329Private limited company (pre-2019)Open bankruptcy

PAVECA

Avenue des Moissons 13 ·1360 Perwez, Belgium· 24 yrs active

Sector: Cleaning & landscape services (81300)

Conclusion Checked

A bankruptcy procedure is open for PAVECA according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-134k) and a net result of €-180k.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€-134k
Net result	€-180k
Staff (FTE)	2.6
Better than sector	5%

Snowflake analysis 5 of 5 axes measured · computed by Checked

33 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 33

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2023 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 28-05-2024 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 81, Cleaning & landscape services · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-90.1%	34.1%	better than 5% of 1600 sector peers
Net result	€-180k	€9k	better than 5% of 1591 sector peers
Equity	€-134k	€25k	better than 5% of 1600 sector peers
Gross operating margin	€-22k	€35k	better than 5% of 1589 sector peers
Staff costs	€108k	€34k	higher than 83% of 744 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-170k

- 18-23

Net profit

€-180k

- 18-23

Cash flow

€-174k

- 18-23

Total assets

€149k

-51.5% 18-23

Equity

€-134k

- 18-23

Working capital

€-180k

- 18-23

Employees (FTE)

3

+23.8% 18-23

Staff costs

€108k

-5.1% 18-23

Income taxes

€0

-100.0% 18-23

Debt

€284k

+8.3% 18-23

Debt ≤ 1y

€284k

+15.9% 18-23

Debt > 1y

€0

-100.0% 18-23

Current ratio

0.37

-65.0% 18-23

Quick ratio

0.34

-66.1% 18-23

Solvency

-90.1%

- 18-23

Debt / equity

-2.11

- 18-23

ROE

133.8%

+267.5% 18-23

ROA

-120.6%

- 18-23

Interest coverage

-42.43

- 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	€-170k
Net profit	€-180k
Cash flow	€-174k
Staff costs	€108k
Income taxes	€0
Dividends	-
Total assets	€149k
Equity	€-134k
Debt	€284k
of which ≤ 1y	€284k
of which > 1y	€0
Working capital	€-180k
Employees (FTE)	2.6

Ratios (computed)

	2023
Current ratio	0.37
Quick ratio	0.34
Working capital ratio	-120.6%
Solvency	-90.1%
Debt / equity	-2.11
Long-term debt ratio	0.00
Interest coverage	-42.43
Gross margin	-
Net margin	-
ROA	-120.6%
ROE	133.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €46k · 30.5% Current assets €104k · 69.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€149k
Fixed assets	21/28	€46k
Intangible fixed assets	21	€37k
Tangible fixed assets	22/27	€9k
Financial fixed assets	28	€135
Current assets	29/58	€104k
Stocks & contracts in progress	3	€8k
Amounts receivable within one year	40/41	€92k
Cash & bank	54/58	€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€149k
Equity	10/15	€-134k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€-155k
Amounts payable	17/49	€284k
Amounts payable after one year	17	€0
Amounts payable within one year	42/48	€284k
Trade debts payable within one year	44	€86k
Income statement
Gross operating margin	9900	€-22k
Operating result	9901	€-176k
Financial income	75	€463
Financial charges	65	€4k
Result before taxes	9903	€-180k
Income taxes	67/77	€0
Net result for the period	9904	€-180k
Result to be appropriated	9905	€-180k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	BERNARD VANHAM RUE DE CHARLEROI 2, 1400 NIVELLES ↔ Also on 124 other cases	07-11-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	Cleaning & landscape services(81300)
Legal form	Private limited company (pre-2019)(015)
Incorporation	21-11-2001
Status	Active
Postal code	1360
First BS signal	26-11-2024
Latest BS signal	26-11-2024

Company structure, linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Establishment units 1 location

PAVECA

Rue d' Odenge 30, 1360 PerwezPlaatsen van vloer- en wandtegels

since 20022.099.050.009

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25084C0577/00A003	Wallonia	5,862 m²	1 · 320 m²	9.9 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

26-11-2024

Bankruptcy Opening

Tribunal de l’entreprise du Brabant wallon · PAVECA SPRL AVENUE DES MOIS- SONS 13, 1360 PERWEZ · event 07-11-2024

28-05-2024