Financials
Financial year 2025
Pavan from Gent, company number BE0422788554, closed financial year 2025 with a result of € 75,053 after tax. For that financial year Pavan recorded a gross margin of € 72,494 and equity of € 3.9 million. Compared with financial year 2024, the result moved from € -59,023 to € 75,053. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 12, 2026.
€ 3.9 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,053
▲ still € 59,023 loss in 2024
Profit after tax over the fiscal year.
€ 270,317
▲ 272% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.3 million.
Debts at end 2025
€ 1.4 million
Loans from banks and other lenders, long and short.
€ 8,561
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,350
▼ 53% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,311 | € 53,655 | € 37,231 | € 72,494 | ▲ 95% |
| Profit after taxes | € 36,734 | € -128,691 | € -59,023 | € 75,053 | ▲ € 134,075 |
| Equity | € 4,053,539 | € 3,924,849 | € 3,865,826 | € 3,940,878 | ▲ 2% |
| Total debts | € 1,588,026 | € 1,559,659 | € 1,590,536 | € 1,614,337 | ▲ 1% |
| Cash | € 612,503 | € 189,347 | € 72,731 | € 270,317 | ▲ 272% |
| Land & buildings | € 1,295,960 | € 1,310,268 | € 1,481,779 | € 1,360,997 | ▼ 8% |
| Retained profit | € 3,438,834 | € 3,310,144 | € 3,251,121 | € 3,326,173 | ▲ 2% |
| Bank debt | € 1,387,468 | € 1,387,468 | € 1,387,468 | € 1,387,468 | |
| Balance sheet total | € 5,641,565 | € 5,484,508 | € 5,456,362 | € 5,555,215 | ▲ 2% |
Key figures of Pavan, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Pavan?
What happened at Pavan in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 75,053. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,734 profit in 2022 to € 75,053 profit in 2025.
Paid € 29,297 in corporate taxes since 2022.
Best year ever: 2025, with € 75,053 profit.
Management
Behind Pavan are Heidi Vangroenweghe and Indelec NV. It owns 19% of Participatiemaatschappij Metaalbedrijven itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Lucien Vangroenweghe
Also active at: DECOLAN, DE PECKER GENT, PARTICIPATIEMAATSCHAPPIJ METAALBEDRIJVEN
Establishments
Establishment units
Physical locations of this company
Jan zonder Vreesstraat 46
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.788.554
- VAT number
- BE 0422.788.554
- Registered office
- Jan zonder Vreesstraat 46, 9000 Gent
- Names & denominations
- Pavan
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 1982
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Openbaar bestuur op het gebied van het bedrijfsleven; stimuleren van het bedrijfsleven
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen