Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAVAC from Brugge, company number BE0896110546, closed financial year 2025 with a result of € 602 after tax. For that financial year PAVAC recorded a gross margin of € 94,920 and equity of € 308,556. Compared with financial year 2024, the result moved from € 54,293 to € 602. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 11, 2026.
€ 308,556
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 602
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 3,126
▲ 295% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 58,556.
Debts at end 2025
€ 137,385
Loans from banks and other lenders, long and short.
€ 3,357
▲ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,061
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -25,796 | € -18,994 | € 130,880 | € 94,920 | ▼ 27% |
| Profit after taxes | € -89,855 | € -88,853 | € 54,293 | € 602 | ▼ 99% |
| Equity | € 342,513 | € 253,661 | € 307,954 | € 308,556 | |
| Total debts | € 1,520,947 | € 1,650,618 | € 1,684,036 | € 1,740,809 | ▲ 3% |
| Cash | € 1,183 | € 11,229 | € 791 | € 3,126 | ▲ 295% |
| Retained profit | € 92,513 | € 3,661 | € 57,954 | € 58,556 | ▲ 1% |
| Bank debt | € 281,863 | € 158,534 | € 137,385 | € 137,385 | |
| Balance sheet total | € 1,863,460 | € 1,904,279 | € 1,991,990 | € 2,049,365 | ▲ 3% |
Key figures of PAVAC, 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 October 2026.
What happened to PAVAC?
What happened at PAVAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 602 (▼ 99% vs 2024). filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Valerie Menten became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 89,855 loss in 2022 to € 602 profit in 2025.
Paid € 269 in corporate taxes since 2022.
Best year ever: 2024, with € 54,293 profit.
A new publication or filing at PAVAC? We notify you, reason included.
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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
Management
Behind PAVAC is Valerie Menten. It owns 100% of Decar itself.
Directors
According to the 2025 annual accounts
since 2008
Establishments
Establishment units
Physical locations of this company
Magdalenastraat 16
8200 Brugge
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Website info
Features
Security
Details
- Company number
- 0896.110.546
- VAT number
- BE 0896.110.546
- Registered office
- Magdalenastraat 16, 8200 Brugge
- Names & denominations
- PAVAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 February 2008
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- hotelolympia.be
- Activities · NACE
Hotels en dergelijke accommodatie
Activiteiten van holdings
Holdings
Overige zakelijke dienstverlening, neg