ACTIVE

PAVACOM

Export PDF

Financial year 2026 · closed on 31/03/2026

Net result

12,9 k €

-64.8% YoY

Gross margin

53,3 k €

-31.1% YoY

Equity

579,3 k €

+2.3% YoY

What does PAVACOM do?

PAVACOM is a Public limited company incorporated in 1996. Its registered office is in Comines-Warneton.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.363.897

Incorporation

22/06/1996

Legal form

Public limited company

Registered office

Chaussée de Wervicq(COM) 387
7780 Comines-Warneton · WallonieSee on map

Contributed capital

266 562,04 €

Latest accounts

31/03/2026

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	53,3 k €	-31.1%	77,4 k €	+4.7%	73,9 k €	-5.2%	78 k €	+16.7%	66,8 k €	-45.7%	123,1 k €	+60.0%	76,9 k €	+19.5%	64,4 k €	+26.3%	51 k €	+10.5%	46,1 k €	-34.0%	69,9 k €	+62.7%	43 k €	+33.3%	32,2 k €	+35.0%	23,9 k €	+75.3%	13,6 k €	+50.8%	9 k €	-49.9%	18 k €	-66.8%	54,3 k €	+120%	24,7 k €	+64.9%	15 k €
EBITDA	36,7 k €	-40.4%	61,5 k €	+5.0%	58,6 k €	-8.4%	64 k €	+19.7%	53,4 k €	-53.1%	113,8 k €	+79.1%	63,6 k €	+24.1%	51,2 k €	+34.8%	38 k €	+13.5%	33,5 k €	-41.8%	57,5 k €	+86.4%	30,9 k €	+55.5%	19,8 k €	+63.4%	12,1 k €	+437%	2,3 k €	+195%	-2,4 k €	-133%	7,1 k €	-83.1%	42 k €	+192%	14,4 k €	+188%	5 k €
Operating result	17,1 k €	-64.9%	48,8 k €	+19.6%	40,8 k €	-11.7%	46,2 k €	+40.0%	33 k €	-67.9%	102,7 k €	+103%	50,6 k €	+34.2%	37,7 k €	+29.0%	29,2 k €	+28.3%	22,8 k €	-38.8%	37,2 k €	+247%	10,7 k €	+22395%	-48,1 €	+99.3%	-6,8 k €	+49.9%	-13,7 k €	+25.3%	-18,3 k €	-68.5%	-10,9 k €	-142%	26 k €	+1570%	-1,8 k €	+84.2%	-11,1 k €
Net result	12,9 k €	-64.8%	36,5 k €	+20.8%	30,3 k €	-9.8%	33,5 k €	+40.3%	23,9 k €	-68.8%	76,7 k €	+122%	34,6 k €	+20.9%	28,6 k €	-12.2%	32,6 k €	+23.7%	26,4 k €	-33.8%	39,8 k €	+274%	10,6 k €	+5583%	-194,1 €	+97.3%	-7,1 k €	+49.4%	-14 k €	+25.1%	-18,7 k €	-65.2%	-11,3 k €	-145%	25,4 k €	+1123%	-2,5 k €	+79.4%	-12 k €
Balance sheet
Equity	579,3 k €	+2.3%	566,4 k €	+6.9%	529,9 k €	+6.1%	499,6 k €	+7.2%	466,1 k €	+5.4%	442,2 k €	+21.0%	365,4 k €	+10.5%	330,8 k €	+9.5%	302,2 k €	+12.1%	269,6 k €	+10.8%	243,3 k €	+19.6%	203,5 k €	+5.5%	192,8 k €	-0.1%	193 k €	-3.5%	200,1 k €	-6.6%	214,1 k €	-8.0%	232,9 k €	+13.2%	205,7 k €	+14.1%	180,3 k €	-1.4%	182,8 k €
Total assets	587,1 k €	+1.0%	581,2 k €	+6.7%	544,5 k €	-2.1%	556,3 k €	+7.1%	519,2 k €	+6.5%	487,3 k €	+15.0%	423,7 k €	+12.9%	375,2 k €	+9.2%	343,7 k €	+11.2%	309 k €	+9.3%	282,6 k €	+16.5%	242,6 k €	+13.5%	213,8 k €	+2.6%	208,5 k €	-3.6%	216,3 k €	-7.3%	233,4 k €	-14.7%	273,6 k €	+3.5%	264,4 k €	+8.0%	245 k €	-4.4%	256,1 k €
Cash	250 k €	-37.3%	398,5 k €	+8.9%	365,9 k €	+9.9%	332,8 k €	+10.0%	302,4 k €	+5.6%	286,4 k €	+108%	137,7 k €	-32.4%	203,5 k €	+69.2%	120,3 k €	+49.8%	80,3 k €	+75.7%	45,7 k €	+89.6%	24,1 k €	+45.3%	16,6 k €	+425%	3,2 k €	-86.0%	22,6 k €	-5.2%	23,9 k €	-21.7%	30,5 k €	-51.0%	62,2 k €	+144%	25,5 k €	+27.4%	20 k €
Debts	1,2 k €	-85.2%	8,2 k €	-0.1%	8,2 k €	-83.5%	49,8 k €	+5.7%	47,2 k €	+20.5%	39,2 k €	-25.2%	52,4 k €	+33.1%	39,4 k €	+7.1%	36,7 k €	+5.5%	34,8 k €	-0.3%	34,9 k €	-0.1%	35 k €	+105%	17 k €	+47.8%	11,5 k €	-6.8%	12,4 k €	-20.3%	15,5 k €	-58.2%	37,1 k €	-32.7%	55,1 k €	-9.8%	61,1 k €	-12.5%	69,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active · 8 ended

Active mandates

Christine Vanhollebeke

Director · since 30 décembre 2020 · until 30 décembre 2026

Active

Gilbert Van Isacker

Managing director · since 30 décembre 2020

Active

Ended mandates

Christine Vanhollebeke

Director · since 03 septembre 2022

Ended

Gilbert Van Isacker

Managing director · since 03 septembre 2022

Ended

Christine Vanhollebeke

Managing director · since 30 décembre 2020 · until 30 décembre 2026

Ended

Gilbert Van Isacker

Managing director · since 30 décembre 2020 · until 30 décembre 2026

Ended

At this address

Other companies at this address

Company	CBE no.
GODSHUIS COMINES● Active	0458.363.996
Van Isacker● Active	0720.846.194
VAN ISACKER IMMOBILIEN● Active	0430.252.705
VIMEX● Active	0874.431.244

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/09/2026	22/09/2025	09/09/2024	28/09/2023	21/09/2022	10/09/2021
General meeting	05/09/2026	06/09/2025	07/09/2024	02/09/2023	03/09/2022	04/09/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2026	05/09/2026	21/09/2026	French	PDF
Micro model	31/03/2025	06/09/2025	22/09/2025	French	PDF
Micro model	31/03/2024	07/09/2024	09/09/2024	French	PDF
Micro model	31/03/2023	02/09/2023	28/09/2023	French	PDF
Micro model	31/03/2022	03/09/2022	21/09/2022	French	PDF
Micro model	31/03/2021	04/09/2021	10/09/2021	French	PDF
Micro model	31/03/2020	05/09/2020	15/09/2020	French	PDF
Micro model	31/03/2019	07/09/2019	24/10/2019	French	PDF
Micro model	31/03/2018	01/09/2018	24/10/2018	French	PDF
Micro model	31/03/2017	02/09/2017	05/10/2017	French	PDF
Abridged model	31/03/2016	03/09/2016	26/09/2016	French	PDF
Abridged model	31/03/2015	05/09/2015	22/09/2015	French	PDF
Abridged model	31/03/2014	06/09/2014	22/09/2014	French	PDF
Abridged model	31/03/2013	07/09/2013	25/10/2013	French	PDF
Abridged model	31/03/2012	01/09/2012	24/09/2012	French	PDF
Abridged model	31/03/2011	03/09/2011	22/09/2011	French	PDF
Abridged model	31/03/2010	04/09/2010	22/09/2010	French	PDF
Abridged model	31/03/2009	26/09/2009	02/10/2009	French	PDF
Abridged model	31/03/2008	06/09/2008	10/09/2008	French	PDF
Abridged model	31/03/2007	22/09/2007	08/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/03/2026 · 2 active · 8 ended

Active mandates

Christine Vanhollebeke

Director · since 30 décembre 2020 · until 30 décembre 2026

Active

Gilbert Van Isacker

Managing director · since 30 décembre 2020

Active

Ended mandates

Christine Vanhollebeke

Director · since 03 septembre 2022

Ended

Gilbert Van Isacker

Managing director · since 03 septembre 2022

Ended

Christine Vanhollebeke

Managing director · since 30 décembre 2020 · until 30 décembre 2026

Ended

Gilbert Van Isacker

Managing director · since 30 décembre 2020 · until 30 décembre 2026

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/01/2021
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/11/2016
DEMISSIONS, NOMINATIONS
PDF
Other05/01/2011
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/10/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates26/05/2010
DEMISSIONS, NOMINATIONS
PDF
Capital / shares22/04/2010
CAPITAL, ACTIONS - ANNEE COMPTABLE
PDF
Mandates28/10/2009
DEMISSIONS, NOMINATIONS
PDF
Other18/03/2009
ANNEE COMPTABLE
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

2026
Annual accounts 202612,9 k €↓
2025
Annual accounts 202536,5 k €↑
2024
Annual accounts 202430,3 k €↓
2023
Annual accounts 202333,5 k €↑
2022
Annual accounts 202223,9 k €↓
2021
Annual accounts 202176,7 k €↑
2020
Annual accounts 202034,6 k €↑
2019
Annual accounts 201928,6 k €↓
2018
Annual accounts 201832,6 k €↑
2017
Annual accounts 201726,4 k €↓
2016
Annual accounts 201639,8 k €↑
2015
Annual accounts 201510,6 k €↑
2014
Annual accounts 2014-194,1 €↑
2013
Annual accounts 2013-7,1 k €↑
2012
Annual accounts 2012-14 k €↑
2011
Annual accounts 2011-18,7 k €↓
2010
Annual accounts 2010-11,3 k €↓
2009
Annual accounts 200925,4 k €↑
2008
Annual accounts 2008-2,5 k €↑
2007
Annual accounts 2007-12 k €
22/06/1996
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PAVACOM

Overview

What does PAVACOM do?

Trend over 20 financial years

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