ACTIVE

Pavan

Financial year 2025 · closed on 30/06/2025
Net result
75,1 k €
+227.2% YoY
Gross margin
72,5 k €
+94.7% YoY
Equity
3,9 M €
+1.9% YoY

What does Pavan do?

Pavan is a Public limited company incorporated in 1982. Its main activity is: Regulation of and contribution to more efficient operation of businesses. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.788.554
Incorporation
29/04/1982
Legal form
Public limited company
Registered office
Jan zonder Vreesstraat 46
9000 Gent · FlandreSee on map
Contributed capital
614 705,09 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022201820172016201520142013201220112010200920082007
Income statement
Gross margin72,5 k €37,2 k €53,7 k €48,3 k €239,7 k €178,2 k €204,2 k €154,9 k €161,1 k €149,9 k €176 k €121,8 k €110,2 k €122,9 k €121,3 k €86,6 k €
EBITDA33 k €-19,5 k €12,6 k €8,1 k €212,9 k €152,1 k €156,4 k €129,2 k €135,8 k €122,5 k €171,5 k €102,1 k €90,7 k €101,7 k €98,9 k €63,8 k €
Operating result-143,4 k €-204,2 k €-142 k €-129,7 k €82,4 k €29,4 k €66,7 k €41,7 k €49,7 k €32 k €72,1 k €-11,5 k €-43,2 k €25,6 k €22,2 k €-10 k €
Net result75,1 k €-59 k €-128,7 k €36,7 k €157,8 k €199,2 k €-127,4 k €93,8 k €223,2 k €153,7 k €88,5 k €177,2 k €103,3 k €808,1 k €-66,8 k €99,7 k €
Balance sheet
Equity3,9 M €3,9 M €3,9 M €4,1 M €3,9 M €3,8 M €3,6 M €3,7 M €3,6 M €3,4 M €3,2 M €3,1 M €3 M €2,9 M €2,1 M €2,1 M €
Total assets5,6 M €5,5 M €5,5 M €5,6 M €5,5 M €5,4 M €5,1 M €5,3 M €5,2 M €4,9 M €4,8 M €4,7 M €4,3 M €4,7 M €4 M €3,5 M €
Cash270,3 k €72,7 k €189,3 k €612,5 k €354,3 k €519,8 k €801,2 k €778,5 k €734,7 k €304 k €162,3 k €442,6 k €34,1 k €19,9 k €125,8 k €75,3 k €
Debts1,6 M €1,5 M €1,5 M €1,5 M €1,5 M €1,5 M €1,5 M €1,5 M €1,5 M €1,5 M €1,5 M €1,4 M €1,3 M €1,8 M €1,8 M €1,2 M €
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 9 ended

Active mandates

Heidi Vangroenweghe

Managing director

Active
Indelec

Managing director · 0408.479.470

Represented by Lucien Vangroenweghe

Active

Ended mandates

Gerda Verduyn

Director · since 29 décembre 2016 · until 02 décembre 2022

Ended
Heidi Vangroenweghe

Director · since 29 décembre 2016 · until 02 décembre 2022

Ended
Indelec

Director · since 29 décembre 2016 · until 02 décembre 2022 · 0408.479.470

Represented by Lucien Vangroenweghe

Ended
Heidi VANGROENWEGHE

Managing director · since 18 février 2011

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/01/202623/01/202520/12/202319/12/202214/01/202210/12/2020
General meeting30/12/202530/12/202401/12/202302/12/202218/12/202104/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202530/12/202512/01/2026DutchPDF
Abridged model30/06/202430/12/202423/01/2025DutchPDF
Abridged model30/06/202301/12/202320/12/2023DutchPDF
Abridged model30/06/202202/12/202219/12/2022DutchPDF
Abridged model30/06/202118/12/202114/01/2022DutchPDF
Abridged model30/06/202004/12/202010/12/2020DutchPDF
Abridged model30/06/201927/12/201922/01/2020DutchPDF
Abridged model30/06/201807/12/201820/12/2018DutchPDF
Abridged model30/06/201728/12/201726/01/2018DutchPDF
Abridged model30/06/201629/12/201627/01/2017DutchPDF
Abridged model30/06/201530/12/201519/01/2016DutchPDF
Abridged model30/06/201426/12/201419/01/2015DutchPDF
Abridged model30/06/201306/02/201414/02/2014DutchPDF
Abridged model30/06/201228/12/201201/02/2013DutchPDF
Abridged model30/06/201130/12/201125/01/2012DutchPDF
Abridged model30/06/201030/12/201031/01/2011DutchPDF
Abridged model30/06/200931/12/200927/01/2010DutchPDF
Abridged model30/06/200831/12/200802/02/2009DutchPDF
Abridged model30/06/200707/12/200721/12/2007DutchPDF
Abridged model30/06/200629/12/200626/01/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 9 ended

Active mandates

Heidi Vangroenweghe

Managing director

Active
Indelec

Managing director · 0408.479.470

Represented by Lucien Vangroenweghe

Active

Ended mandates

Gerda Verduyn

Director · since 29 décembre 2016 · until 02 décembre 2022

Ended
Heidi Vangroenweghe

Director · since 29 décembre 2016 · until 02 décembre 2022

Ended
Indelec

Director · since 29 décembre 2016 · until 02 décembre 2022 · 0408.479.470

Represented by Lucien Vangroenweghe

Ended
Heidi VANGROENWEGHE

Managing director · since 18 février 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/03/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/03/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/01/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/01/2005
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202575,1 k €
  2. 2024
    Annual accounts 2024-59 k €
  3. 2023
    Annual accounts 2023-128,7 k €
  4. 2022
    Annual accounts 202236,7 k €
  5. 2018
    Annual accounts 2018157,8 k €
  6. 2017
    Annual accounts 2017199,2 k €
  7. 2016
    Annual accounts 2016-127,4 k €
  8. 2015
    Annual accounts 201593,8 k €
  9. 2014
    Annual accounts 2014223,2 k €
  10. 2013
    Annual accounts 2013153,7 k €
  11. 2012
    Annual accounts 201288,5 k €
  12. 2011
    Annual accounts 2011177,2 k €
  13. 2010
    Annual accounts 2010103,3 k €
  14. 2009
    Annual accounts 2009808,1 k €
  15. 2008
    Annual accounts 2008-66,8 k €
  16. 2007
    Annual accounts 200799,7 k €
  17. 29/04/1982
    IncorporationPublic limited company