Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
PAV DELCO from Oudergem, company number BE0663707751, closed financial year 2026 with a result of € -14,986 after tax. For that financial year PAV DELCO recorded a gross margin of € 102,917 and equity of € -80,557. Compared with financial year 2025, the result moved from € 9,313 to € -14,986. 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 September 15, 2026.
€ -80,557
▼ € 14,986 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,986
▼ still € 9,313 profit in 2025
Profit after tax over the fiscal year.
€ 7,758
▲ € 6,668 vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -105,557.
People and assets in 2026
€ 74,624
▼ 14% vs 2025
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 2026
€ 74,343
▼ 29% vs 2025
€ 21,333 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 44,988
▲ 20% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 30,205
▲ € 23,508 vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 117,105 | € 92,528 | € 145,032 | € 102,917 | ▼ 29% |
| Profit after taxes | € -16,347 | € -34,538 | € 9,313 | € -14,986 | ▼ € 24,299 |
| Equity | € -31,345 | € -74,883 | € -65,570 | € -80,557 | ▼ € 14,986 |
| Total debts | € 205,177 | € 178,476 | € 148,188 | € 149,536 | ▲ 1% |
| Cash | € 30,614 | € 4,960 | € 1,090 | € 7,758 | ▲ € 6,668 |
| Retained profit | € -56,345 | € -99,883 | € -90,570 | € -105,557 | ▼ € 14,986 |
| Bank debt | € 152,701 | € 126,994 | € 104,099 | € 74,343 | ▼ 29% |
| Balance sheet total | € 173,832 | € 103,593 | € 82,617 | € 68,979 | ▼ 17% |
| Employees (FTE) | 3.4 | - | - | - |
Key figures of PAV DELCO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to PAV DELCO?
What happened at PAV DELCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 14,986 (▼ € 24,299 vs 2025). Source: NBB ↗
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,347 loss in 2023 to € 14,986 loss in 2026.
Paid € 2,606 in corporate taxes since 2023.
Best year ever: 2025, with € 9,313 profit.
On average € 34,400 of value added per employee in 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Vorstlaan 117
1160 Oudergem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0663.707.751
- VAT number
- BE 0663.707.751
- Registered office
- Vorstlaan 117, 1160 Oudergem
- Names & denominations
- PAV DELCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 2016
- Peppol
- Active · Active since 22 Oct 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met beperkte bediening
Eetgelegenheden met volledige bediening
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Catering van evenementen
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Overige eetgelegenheden