IMMO PAKAM
ActiveIMMO PAKAM has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €306k and a net result of €112k. Equity is growing by ~9.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+11
Solvency52▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.02 in 2024; short-term debt: 63.3% and cash: 0.5% of total assets), and 72.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.3%
Return on assets
10%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
31 d late
2023
28 d late
2022
23 d late
2021
4 d late
2020
31 d late
2019
47 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€306k▲ 57.8%
2024 · €194k
2018: €103k
2019: €122k
2020: €139k
2021: €151k
2022: €165k
2023: €181k
2024: €194k
2018 → 2025
Total assets
€1.12M▲ 1.7%
2024 · €1.10M
2018: €912k
2019: €863k
2020: €838k
2021: €837k
2022: €1.16M
2023: €1.13M
2024: €1.10M
2018 → 2025
Net result
€112k▲ 778%
2024 · €13k
2018: €29k
2019: €19k
2020: €17k
2021: €12k
2022: €14k
2023: €16k
2024: €13k
2018 → 2025
Working capital
€-699k▲ 1.7%
2024 · €-711k
2018: €-448k
2019: €-440k
2020: €-441k
2021: €-475k
2022: €-738k
2023: €-719k
2024: €-711k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€151k-€165k▲ 9.6%€181k▲ 9.8%€194k▲ 7.0%€306k▲ 57.8%
Operating result€24k-€27k▲ 13.9%€30k▲ 10.1%€26k▼ 14.3%€158k▲ 510%
Net result€12k-€14k▲ 23.5%€16k▲ 12.6%€13k▼ 21.3%€112k▲ 778%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 510% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.12M
Fixed assets
€1.11M▲ 2.1%
Current assets
€10k▼ 30.8%
Equity and liabilities €1.12M
Equity
€306k▲ 57.8%
Provisions
€27k
Debt
€787k▼ 13.3%
The debt ratio falls from 82.4% to 70.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€193k▲
2024 · €68k
Cash flow
€147k▲
2024 · €55k
Solvency
27.3%▲
2024 · 17.6%
Current ratio
0.01▼
2024 · 0.02
Quick ratio
0.01▼
2024 · 0.02
Debt / equity
2.57▼
2024 · 4.68
ROE
36.6%▲
2024 · 6.6%
ROA
10.0%▲
2024 · 1.2%
Interest coverage
30.43▲
2024 · 9.61
Debt
€787k▼
2024 · €907k
Debt ≤ 1 year
€709k▼
2024 · €725k
Debt > 1 year
€76k▼
2024 · €181k
Income taxes
€13k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.10M€1.12M▲
Fixed assets21/28€1.09M€1.11M▲
Tangible fixed assets22/27€1.09M€1.11M▲
Land and buildings22€1.09M€1.11M▲
Furniture and vehicles24€32€0▼
Current assets29/58€14k€10k▼
Amounts receivable within one year40/41€7k€4k▼
Other amounts receivable41€7k€4k▼
Cash at bank and in hand54/58€6k€6k▼
Deferred charges and accrued income490/1€532€394▼
Equity and liabilities
Total equity and liabilities10/49€1.10M€1.12M▲
Equity10/15€194k€306k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€88k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132-€81k
Profit (loss) carried forward14€126k€156k▲
Provisions and deferred taxes16-€27k
Deferred taxes168-€27k
Amounts payable17/49€907k€787k▼
Amounts payable after more than one year17€181k€76k▼
Financial debts170/4€180k€75k▼
Other amounts payable178/9€321€321=
Amounts payable within one year42/48€725k€709k▼
Current portion of amounts payable after more than one year42€31k€6k▼
Trade debts44€9k€18k▲
Suppliers440/4€9k€18k▲
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Other amounts payable47/48€684k€682k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€35k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€69k€196k▲
Operating profit (loss)9901€26k€158k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€19k€152k▲
Transfer to deferred taxes680-€27k
Income taxes67/77€6k€13k▲
Profit (loss) for the period9904€13k€112k▲
Transfer to tax-exempt reserves689-€81k
Profit (loss) for the period to be appropriated9905€13k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€126k€156k▲
Profit (loss) brought forward from the previous period14P€113k€126k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €112k ▲778%
Operating result €158k, net result €112k, both a record.
31-12
Financial
Equity above €200kEq €306k ▲57.8%
8 profitable years in a row build equity to €306k.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Weakest financial yearnet €12k ▼31.8%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €151k ▲8.4%
4 profitable years in a row build equity to €151k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Schermlaan 1251150 Sint-Pieters-WoluweGround area
317 m²
Building footprint
110 m²
Volume, LiDAR
808 m³
Parcel 21683D0242/00R010, Brussels · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Schermlaan 125, 1150 Sint-Pieters-Woluwe
since 19992.093.513.386
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0242/00R010 | Brussels | 317 m² | 1 · 110 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-10-1999
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.