ACTIVE

PAVELL

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Financial year 2025 · Closed on 31/12/2025

Net result380,2 k €+4,7 %over 1 year

Gross margin213,6 k €+195,0 %over 1 year

Equity80,1 M €-9,8 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

PAVELL is a Private limited company incorporated in 1985. Its main activity is: Computer programming activities. Its registered office is in Sint-Martens-Latem.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0426.693.201
Incorporation: 01/01/1985
Legal form: Private limited company
Registered office: Leieriggestraat 6
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital: 152 901,85 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 74109Specialised design activities 74140Specialised design activities 62010Computer programming activities 62020Computer consultancy activities+7

Joint committees (2)

200
20000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	213,6 k €	+195%	-224,8 k €	-353%	-49,7 k €	+52.1%	-103,7 k €	+42.2%	-179,5 k €
EBITDA	17,3 k €	+104%	-428 k €	-119%	-195,8 k €	+20.4%	-245,9 k €	+19.3%	-304,6 k €
Operating result	-782,9 k €	+32.9%	-1,2 M €	-76.7%	-660 k €	+8.7%	-722,8 k €	+29.3%	-1 M €
Net result	380,2 k €	+4.7%	363,2 k €	-95.4%	8 M €	+249%	2,3 M €	-95.1%	46,5 M €
Balance sheet
Equity	80,1 M €	-9.8%	88,8 M €	+0.4%	88,5 M €	+9.9%	80,5 M €	-0.3%	80,7 M €
Total assets	85,1 M €	-6.1%	90,7 M €	+0.1%	90,6 M €	+6.9%	84,7 M €	-1.9%	86,3 M €
Cash	20,8 M €	-8.5%	22,7 M €	+6.0%	21,5 M €	+3.8%	20,7 M €	+128%	9,1 M €
Debts	5 M €	+175%	1,8 M €	-11.3%	2 M €	-51.7%	4,2 M €	-24.9%	5,6 M €
Other
Workforce	0,0 ETP		0,0 ETP	-100%	1,0 ETP	0.0%	1,0 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Marie Cannie	Directorsince 27/05/1988Manager27/05/1988 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Elke De Bie	Manager03/01/2012 → 2014 accounts
Jean-Philip CANNIE	Manager10/06/1991 → 2010 accounts

Other companies at this address

Leieriggestraat 6 9830 Sint-Martens-Latem

Company	CBE no.
BRACODEV● Active	0518.932.677
Familie Cannie - De Bie● Active	0723.496.670
RCC● Active	1039.680.048

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/10/2026	10/10/2025	07/10/2024	12/10/2023	24/10/2022	17/05/2022
General meeting	15/10/2026	29/09/2025	30/09/2024	03/06/2023	04/06/2022	05/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/10/2026	15/10/2026	Dutch	PDF
Abridged model	31/12/2024	29/09/2025	10/10/2025	Dutch	PDF
Abridged model	31/12/2023	30/09/2024	07/10/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	12/10/2023	Dutch	PDF
Micro model	31/12/2021	04/06/2022	24/10/2022	Dutch	PDF
Abridged modelCorrection	31/12/2020	05/06/2021	17/05/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	01/08/2020	19/11/2020	Dutch	PDF
Abridged model	31/12/2018	27/08/2019	23/09/2019	Dutch	PDF
Abridged model	31/12/2017	27/08/2018	30/10/2018	Dutch	PDF
Abridged model	31/12/2016	17/07/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/07/2016	19/08/2016	Dutch	PDF
Abridged model	31/12/2014	12/08/2015	14/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	23/07/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	27/09/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Marie Cannie	Directorsince 27/05/1988Manager27/05/1988 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Elke De Bie	Manager03/01/2012 → 2014 accounts
Jean-Philip CANNIE	Manager10/06/1991 → 2010 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/05/2014
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other07/07/2011
DOEL
PDF
Mandates08/11/2010
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Jean-Marie Cannie

Elke De Bie

Jean-Philip CANNIE

Jean Marie Cannie

198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

PAVELL

Leieriggestraat 6, 9830 Sint-Martens-Latem

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Leieriggestraat 6, 9830 Sint-Martens-LatemCurrent	accounts 2020 → 2025	Accounts 2025 · 2026-00563392

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PAVELLCurrent	accounts 2020 → 2025	Accounts 2025 · 2026-00563392

Events

2025
Annual accounts 2025380,2 k €↑
2024
Annual accounts 2024363,2 k €↓
2023
Annual accounts 20238 M €↑
2022
Annual accounts 20222,3 M €↓
2021
Annual accounts 202146,5 M €↑
2020
Annual accounts 2020-481 k €↓
2018
Annual accounts 20181,6 M €↑
2017
Annual accounts 20171 M €↓
2016
Annual accounts 20161,5 M €↑
2015
Annual accounts 20151,3 M €↑
2014
Annual accounts 20141,1 M €↑
2013
Annual accounts 20131 M €↑
2012
Annual accounts 2012762,1 k €↑
2011
Annual accounts 2011533,4 k €↑
2010
Annual accounts 201072,1 k €↑
2009
Annual accounts 2009-18,9 k €↓
2008
Annual accounts 200821,4 k €↑
2007
Annual accounts 2007-10,6 k €↓
2006
Annual accounts 20061,1 k €
01/01/1985
IncorporationPrivate limited company

PAVELL

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events