Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PAVAMO from Waregem, company number BE0428956665, closed financial year 2025 with a result of € -114,509 after tax. For that financial year PAVAMO recorded a gross margin of € 412,947 and equity of € -561,025. Compared with financial year 2024, the result moved from € -269,158 to € -114,509. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -561,025
▼ € 114,509 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -114,509
▲ 57 % less loss than in 2024
Profit after tax over the fiscal year.
€ 75,195
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.7 million.
People and assets in 2025
€ 23,630
▲ 54% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 7.3 million
▲ 3% vs 2024
€ 173,410 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 132,947
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,141
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -33,742 | € 56,090 | € 268,826 | € 412,947 | ▲ 54% |
| Profit after taxes | € -367,457 | € -325,109 | € -269,158 | € -114,509 | ▲ € 154,649 |
| Equity | € 147,750 | € -177,359 | € -446,517 | € -561,025 | ▼ € 114,509 |
| Total debts | € 4,833,775 | € 7,267,905 | € 7,518,154 | € 7,794,760 | ▲ 4% |
| Cash | € 270,058 | € 1,003,201 | € 186,981 | € 75,195 | ▼ 60% |
| Land & buildings | € 4,598,673 | € 5,906,673 | € 6,685,444 | € 6,934,273 | ▲ 4% |
| Retained profit | € -1,992,250 | € -2,317,359 | € -2,586,517 | € -2,701,025 | ▼ € 114,509 |
| Bank debt | € 4,581,222 | € 6,959,684 | € 7,101,989 | € 7,343,340 | ▲ 3% |
| Balance sheet total | € 5,111,927 | € 7,216,184 | € 7,192,510 | € 7,349,842 | ▲ 2% |
Key figures of PAVAMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PAVAMO?
What happened at PAVAMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bénédicte Vande Vyvere stepped down as director. NBB
- Bruno Dhr. VANDE VYVERE stepped down as director. NBB
- Marie-Hélène Mevr. VANDE VYVERE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 114,509. Source: NBB ↗
- Bénédicte Vande Vyvere became a director. NBB
- Bruno Dhr. VANDE VYVERE became a director. NBB
- Marie-Hélène Mevr. VANDE VYVERE became a director. NBB
- New establishment in Waregem. KBO
In short
From € 367,457 loss in 2022 to € 114,509 loss in 2025.
Paid € 2,000 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
Bénédicte Vande Vyvere
Managing director
Also active at: NIMMOBO, Streekprojecten VZW, TANTIMMO, VAUBAN
since 2022 · until 2028
Bruno Dhr. VANDE VYVERE
Managing director
since 2022 · until 2028
Marie-Hélène Mevr. VANDE VYVERE
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Kalkhoevestraat 10 box 3.1
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →ABACUS GROUP
€ 7.1 million revenue · 2025
PROMORENT
€ 501,579 gross margin · 2025
S-TEAM
€ 36,843 gross margin · 2025
LOCAMPOAMOR TRES
€ -12,932 gross margin · 2025
JOERNS BE
€ 21,023 gross margin · 2025
+15 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.956.665
- VAT number
- BE 0428.956.665
- Registered office
- Kalkhoevestraat 10 bus 3.1, 8790 Waregem
- Names & denominations
- PAVAMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 1986
- Peppol
- Active · Active since 20 Dec 2025
- Activities · NACE
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