Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAVE GYM from Ukkel, company number BE0830677712, closed financial year 2025 with a result of € -38,673 after tax. For that financial year PAVE GYM recorded a gross margin of € 933,330 and equity of € 222,822. Compared with financial year 2024, the result moved from € -83,796 to € -38,673. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 31, 2026.
€ 222,822
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -38,673
▲ 54 % less loss than in 2024
Profit after tax over the fiscal year.
€ 131,011
▲ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -287,850.
People and assets in 2025
20.2
Average over the fiscal year, from the social balance sheet.
€ 820,228
▼ 10% vs 2024
€ 40,600 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.
€ 59,173
▲ € 47,254 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 232,355
▼ 12% vs 2024
€ 77,828 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 134,593
▲ 221% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 124,458
▲ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 933,289 | € 993,009 | € 1,039,572 | € 933,330 | ▼ 10% |
| Profit after taxes | € -59,215 | € -50,148 | € -83,796 | € -38,673 | ▲ € 45,122 |
| Equity | € 216,268 | € 166,119 | € 261,495 | € 222,822 | ▼ 15% |
| Total debts | € 693,990 | € 632,636 | € 598,864 | € 683,509 | ▲ 14% |
| Cash | € 100,180 | € 77,736 | € 93,203 | € 131,011 | ▲ 41% |
| Retained profit | € -115,232 | € -165,381 | € -249,176 | € -287,850 | ▼ € 38,673 |
| Bank debt | € 295,408 | € 214,993 | € 263,180 | € 232,355 | ▼ 12% |
| Balance sheet total | € 910,257 | € 798,755 | € 860,360 | € 906,331 | ▲ 5% |
| Employees (FTE) | 21.7 | 24.9 | 20.2 | 20.2 |
Key figures of PAVE GYM, 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 PAVE GYM?
What happened at PAVE GYM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FLAT EAR SRL stepped down as director. NBB
- Jean-Jacques FOLLEBOUCKT stepped down as director. NBB
- VYMAX SPRL stepped down as director. NBB
- SIRODO SRL stepped down as director. NBB
- Ludovic THIENPONT stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 38,673. filed late Source: NBB ↗
- New establishment in Wavre. KBO
- New establishment in Wezembeek-Oppem. KBO
In short
From € 59,215 loss in 2022 to € 38,673 loss in 2025.
Paid € 21,106 in corporate taxes since 2022.
On average € 46,200 of value added per employee in 2025.
Management
The stake of SIRODO, O'GALIX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PAVE GYMThe shares are held by SIRODO (10.5%) and O'GALIX (10.5%). It owns 100% of OV KIDS CORNER and 100% of GM5 GYM itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Pierre FOLLEBOUCKT
since 2021 · until 2027
since 2021 · until 2027
since 2021 · until 2027
Director · represented by Frédéric WOITRIN
since 2021 · until 2027
since 2021 · until 2027
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
De Frélaan 82
1180 Ukkel
Chaussée de Bruxelles 78 box b
1410 Waterloo
Active since 31 August 2020
Avenue Lavoisier 16a
1300 Wavre
Active since 9 November 2021
Mechelsesteenweg 110
1970 Wezembeek-Oppem
Active since 9 November 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →LADIES FIRST
LA MERCERIE
SAX
OPTIQUE DE FRE
€ 18,728 gross margin · 2025
Promotion et Défense de la Culture
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0830.677.712
- VAT number
- BE 0830.677.712
- Registered office
- De Frélaan 82, 1180 Ukkel
- Names & denominations
- PAVE GYM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2010
- Peppol
- Active · Active since 17 Oct 2025
- Activities · NACE
Sport- en recreatieonderwijs
Overige activiteiten met betrekking tot kinderopvang