PAVX
ActivePAVX has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €65k. Equity is growing by ~54.2% per year across the filed fiscal years. Its solvency ranks better than 74% of 13935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency88▼-12
Growth78=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.73 against 10.39 in 2024; short-term debt: 36.6% and cash: 78.6% of total assets), and 36.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
63.4%
Return on assets
46.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
16 d early
2024
51 d late
2023
78 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k▲ 50.6%
2024 · €59k
2023: €25k
2024: €59k
2023 → 2025
Total assets
€141k▲ 115%
2024 · €66k
2023: €37k
2024: €66k
2023 → 2025
Net result
€65k▲ 89.2%
2024 · €34k
2023: €22k
2024: €34k
2023 → 2025
Working capital
€89k▲ 51.6%
2024 · €59k
2023: €24k
2024: €59k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€25k-€59k▲ 137%€89k▲ 50.6%
Operating result€29k-€44k▲ 54.6%€88k▲ 100.0%
Net result€22k-€34k▲ 56.3%€65k▲ 89.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 100% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141k
Fixed assets
€281▼ 51.8%
Current assets
€141k▲ 116%
Equity and liabilities €141k
Equity
€89k▲ 50.6%
Debt
€52k▲ 725%
The debt ratio rises from 9.5% to 36.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€88k▲
2024 · €44k
Cash flow
€65k▲
2024 · €35k
Solvency
63.4%▼
2024 · 90.5%
Current ratio
2.73▼
2024 · 10.39
Quick ratio
2.73▼
2024 · 10.39
Debt / equity
0.58▲
2024 · 0.11
ROE
72.7%▲
2024 · 57.9%
ROA
46.1%▼
2024 · 52.4%
Interest coverage
1151.96▲
2024 · 465.24
Debt
€52k▲
2024 · €6k
Debt ≤ 1 year
€52k▲
2024 · €6k
Income taxes
€24k▲
2024 · €10k
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€66k€141k▲
Fixed assets21/28€584€281▼
Tangible fixed assets22/27€584€281▼
Furniture and vehicles24€584€281▼
Current assets29/58€65k€141k▲
Amounts receivable within one year40/41€35k€30k▼
Trade receivables40€9k€11k▲
Other amounts receivable41€25k€19k▼
Cash at bank and in hand54/58€30k€111k▲
Equity and liabilities
Total equity and liabilities10/49€66k€141k▲
Equity10/15€59k€89k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€56k€86k▲
Amounts payable17/49€6k€52k▲
Amounts payable within one year42/48€6k€52k▲
Trade debts44€241€765▲
Suppliers440/4€241€765▲
Taxes, remuneration and social security45€6k€16k▲
Taxes450/3€6k€16k▲
Other amounts payable47/48-€35k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€303€303=
Other operating charges640/8€513€341▼
Gross operating margin9900€45k€89k▲
Operating profit (loss)9901€44k€88k▲
Financial income75/76B€240€532▲
Recurring financial income75€240€532▲
Financial charges65/66B€95€77▼
Recurring financial charges65€95€77▼
Profit (loss) for the period before taxes9903€44k€89k▲
Income taxes67/77€10k€24k▲
Profit (loss) for the period9904€34k€65k▲
Profit (loss) for the period to be appropriated9905€34k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€121k▲
Profit (loss) brought forward from the previous period14P€22k€56k▲
Profit to be distributed694/7-€35k
Return on contributions (dividend)694-€35k
The notes to these accounts (4 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €65k ▲89.2%
Operating result €88k, net result €65k, both a record.
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 51 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 10.39
Current ratio from 3.09 to 10.39; short-term debt falls from €12k to €6k.
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 78 days late
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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2022
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.
Jacques Brellaan 451200 Sint-Lambrechts-WoluweGround area
3,590 m²
Building footprint
1,297 m²
Volume, LiDAR
20,788 m³
Parcel 21018A0102/00K002, Brussels · tallest building 20.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PAVX
since 20222.337.581.917
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0102/00K002 | Brussels | 3,590 m² | 1 · 1,297 m² | 20.3 m · 5 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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UPSTONE
BE 0735.600.686
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Of 11,754 companies in sector 68310 we hold annual accounts for 6,908. 5,161 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2022
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.