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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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
PAVEAU from Sint-Martens-Latem, company number BE0786526082, closed financial year 2026 with a result of € 78,192 after tax. For that financial year PAVEAU recorded a gross margin of € 454,907 and equity of € 694,175. Compared with financial year 2025, the result moved from € 201,116 to € 78,192. The company is profitable. 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 October 12, 2026.
€ 694,175
▲ 13% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 78,192
▼ 61% vs 2025
Profit after tax over the fiscal year.
€ 35,187
▼ 48% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 684,175.
People and assets in 2026
4.1
▲ 2.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 254,779
▲ 145% vs 2025
€ 62,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 97,849
▲ 33% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 298,108
▲ 137% vs 2025
€ 23,371 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 341,499
▲ € 266,099 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 39,769
▼ 43% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 157,122 | € 439,971 | € 415,238 | € 454,907 | ▲ 10% |
| Profit after taxes | € 116,844 | € 288,022 | € 201,116 | € 78,192 | ▼ 61% |
| Equity | € 126,844 | € 414,867 | € 615,983 | € 694,175 | ▲ 13% |
| Total debts | € 204,557 | € 358,393 | € 297,265 | € 716,119 | ▲ 141% |
| Cash | € 50,761 | € 224,408 | € 67,757 | € 35,187 | ▼ 48% |
| Retained profit | € 116,844 | € 404,867 | € 605,983 | € 684,175 | ▲ 13% |
| Bank debt | € 81,571 | € 141,633 | € 126,049 | € 298,108 | ▲ 137% |
| Balance sheet total | € 331,402 | € 773,260 | € 913,247 | € 1,410,294 | ▲ 54% |
| Employees (FTE) | - | - | 2 | 4.1 | ▲ 2.1 |
Key figures of PAVEAU, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to PAVEAU?
What happened at PAVEAU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 78,192 (▼ 61% vs 2025). Source: NBB ↗
- LOWI Invest BV became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 116,844 profit in 2023 to € 78,192 profit in 2026.
Paid € 207,101 in corporate taxes since 2023.
Best year ever: 2024, with € 288,022 profit.
On average € 111,000 of value added per employee in 2026.
Management
Behind PAVEAU is LOWI Invest BV.
Directors
According to the 2026 annual accounts
Director · represented by Isabelle De Pauw
since 2024
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 18
9830 Sint-Martens-Latem
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
- 0786.526.082
- VAT number
- BE 0786.526.082
- Registered office
- Kortrijksesteenweg 18, 9830 Sint-Martens-Latem
- Names & denominations
- PAVEAU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2022
- Peppol
- Active · Active since 24 Nov 2023
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