ACTIVE

PAVINI

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Financial year 2025 · Closed on 31/12/2025

Net result294,2 k €+70,4 %over 1 year
Gross margin477,8 k €+56,7 %over 1 year
Equity1,1 M €-2,2 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

PAVINI is a Private limited company incorporated in 2009. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0820.698.291
Incorporation
19/11/2009
Legal form
Private limited company
Registered office
Wilgenlaan 48
2610 Antwerpen · FlandreSee on map
Contributed capital
100,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 16 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin477,8 k €305 k €444,4 k €362,3 k €246,2 k €
EBITDA466 k €291,8 k €433,2 k €350,7 k €234,2 k €
Operating result433,1 k €258,1 k €400,1 k €319,1 k €203,3 k €
Net result294,2 k €172,7 k €260,6 k €266,7 k €278,9 k €
Balance sheet
Equity1,1 M €1,1 M €943,6 k €683 k €556,3 k €
Total assets1,3 M €1,5 M €1,4 M €1,3 M €1,1 M €
Cash53,5 k €81,7 k €34,5 k €23,1 k €19,6 k €
Debts221,8 k €427,9 k €498,2 k €630,2 k €577,1 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Victor Spaas
Directorsince 01/09/2021
Nicolas Spaas
Directorsince 06/11/2009Manager06/11/2009 → 2018 accountsended
Pascale BROOS
Directorsince 05/01/2011Manager05/01/2011 → 2011 accountsended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/10/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months15 months
Filing date07/07/202620/08/202519/06/202431/05/202320/05/202215/06/2021
General meeting05/07/202611/08/202514/05/202431/05/202319/05/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/07/202607/07/2026DutchPDF
Abridged model31/12/202411/08/202520/08/2025DutchPDF
Abridged model31/12/202314/05/202419/06/2024DutchPDF
Abridged model31/12/202231/05/202331/05/2023DutchPDF
Abridged model31/12/202119/05/202220/05/2022DutchPDF
Abridged model31/12/202014/06/202115/06/2021DutchPDF
Abridged model30/09/201926/03/202030/04/2020DutchPDF
Abridged model30/09/201828/03/201930/04/2019DutchPDF
Abridged model30/09/201729/03/201827/04/2018DutchPDF
Abridged model30/09/201630/03/201731/03/2017DutchPDF
Abridged model30/09/201531/03/201614/04/2016DutchPDF
Abridged model30/09/201426/03/201503/04/2015DutchPDF
Abridged model30/09/201327/03/201423/04/2014DutchPDF
Abridged model30/09/201212/12/201212/12/2012DutchPDF
Abridged model30/09/201129/12/201103/01/2012DutchPDF
Abridged model30/09/201005/12/201021/12/2010DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

3 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Victor Spaas
Directorsince 01/09/2021
Nicolas Spaas
Directorsince 06/11/2009Manager06/11/2009 → 2018 accountsended
Pascale BROOS
Directorsince 05/01/2011Manager05/01/2011 → 2011 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates31/01/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/11/2009
    OPRICHTING — BENOEMINGEN.
    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
Filings16 filings
Mandates
Victor Spaas
Pascale BROOS
Nicolas Spaas
200920102011201220132014201520162017201820192020202120222023202420252026
PAVINI
Wilgenlaan 48, 2610 Wilrijk (Antwerp)
Director
Director
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Wilgenlaan 48, 2610 Wilrijk (Antwerp)Current
accounts 2021 → 2025
Accounts 2025 · 2026-00262649

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
PAVINICurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00262649

Events

  1. 2025
    Annual accounts 2025294,2 k €↑
  2. 2024
    Annual accounts 2024172,7 k €↓
  3. 2023
    Annual accounts 2023260,6 k €↓
  4. 2022
    Annual accounts 2022266,7 k €↓
  5. 2021
    Annual accounts 2021278,9 k €↑
  6. 2020
    Annual accounts 202031,4 k €↓
  7. 2019
    Annual accounts 201990,4 k €↓
  8. 2018
    Annual accounts 201893,4 k €↓
  9. 2017
    Annual accounts 2017193,5 k €↓
  10. 2016
    Annual accounts 2016207 k €↑
  11. 2015
    Annual accounts 2015185 k €↑
  12. 2014
    Annual accounts 2014163,7 k €↓
  13. 2013
    Annual accounts 2013185,8 k €↑
  14. 2012
    Annual accounts 201290,2 k €↓
  15. 2011
    Annual accounts 2011157,8 k €↑
  16. 2010
    Annual accounts 2010106,4 k €
  17. 19/11/2009
    IncorporationPrivate limited company