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 1 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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAVERLO from Lievegem, company number BE0437547994, closed financial year 2025 with a result of € -5.1 million after tax. For that financial year PAVERLO recorded a gross margin of € -1,116 and equity of € -5 million. Compared with financial year 2024, the result moved from € -15,850 to € -5.1 million. 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 June 25, 2026.
€ -5 million
▼ € 7.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5.1 million
▼ 32126 % more loss than in 2024
Profit after tax over the fiscal year.
€ 20,893
▲ € 17,356 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.1 million.
Debts at end 2025
€ 4.4 million
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 19,563
▲ € 17,239 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 750
▼ 83% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 12,787 | € 61,829 | € 49,331 | € -1,116 | ▼ € 50,448 |
| Profit after taxes | € 17,658 | € -359,239 | € -15,850 | € -5,108,014 | ▼ € 5.1 million |
| Equity | € 3,134,222 | € 2,774,983 | € 2,759,133 | € -5,014,210 | ▼ € 7.8 million |
| Total debts | € 4,163,922 | € 4,326,956 | € 4,428,652 | € 7,224,446 | ▲ 63% |
| Cash | € 3,571 | € 6,821 | € 3,537 | € 20,893 | ▲ € 17,356 |
| Land & buildings | € 1,387,272 | € 1,357,901 | € 1,337,976 | € 1,333,493 | |
| Retained profit | € 407,393 | € 48,154 | € 32,304 | € -5,075,710 | ▼ € 5.1 million |
| Bank debt | € 4,027,148 | € 4,184,733 | € 4,266,490 | € 4,362,362 | ▲ 2% |
| Balance sheet total | € 7,488,349 | € 7,285,611 | € 7,364,840 | € 2,210,236 | ▼ 70% |
Key figures of PAVERLO, 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 PAVERLO?
What happened at PAVERLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ann VERDEGEM stepped down as director. NBB
- Cathéline VERDEGEM stepped down as director. NBB
- Benedikte VERDEGEM stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 5.1 million. Source: NBB ↗
- Ann VERDEGEM became a director. NBB
- Cathéline VERDEGEM became a director. NBB
- Benedikte VERDEGEM became a director. NBB
- New establishment in Gent. KBO
In short
From € 17,658 profit in 2022 to € 5.1 million loss in 2025.
Best year ever: 2022, with € 17,658 profit.
Management
The stake of VERDEGEM BOUW, VERCATIMMO, THUSCALIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PAVERLOThe shares are held by VERDEGEM BOUW (25%), VERCATIMMO (24.9%) and THUSCALIS (24.8%).
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koning Leopoldstraat 77
9920 Lievegem
Amelia Earhartlaan 17
9051 Gent
Active since 15 June 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.547.994
- VAT number
- BE 0437.547.994
- Registered office
- Koning Leopoldstraat 77, 9920 Lievegem
- Names & denominations
- PAVERLO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 1989
- Peppol
- Active · Active since 21 Oct 2026