P.A.C.O.
ActiveP.A.C.O. has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €274k and a net result of €30k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+1
Solvency97▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 5.42 against 6.43 in 2024; short-term debt: 16.8% and cash: 66.8% of total assets), and 27.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
72.1%
Return on assets
8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
175 d early
2023
84 d early
2022
56 d early
2021
129 d early
2020
33 d early
2019
51 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€274k▼ 9.1%
2024 · €301k
2018: €101k
2019: €158k
2020: €211k
2021: €259k
2022: €297k
2023: €313k
2024: €301k
2018 → 2025
Total assets
€380k▼ 6.2%
2024 · €405k
2018: €214k
2019: €286k
2020: €320k
2021: €350k
2022: €377k
2023: €399k
2024: €405k
2018 → 2025
Net result
€30k▲ 5.2%
2024 · €29k
2018: €41k
2019: €58k
2020: €53k
2021: €54k
2022: €38k
2023: €16k
2024: €29k
2018 → 2025
Working capital
€281k▼ 3.9%
2024 · €293k
2018: €105k
2019: €163k
2020: €217k
2021: €267k
2022: €306k
2023: €289k
2024: €293k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€259k-€297k▲ 14.6%€313k▲ 5.4%€301k▼ 3.8%€274k▼ 9.1%
Operating result€79k-€56k▼ 29.6%€25k▼ 54.8%€46k▲ 83.8%€45k▼ 2.0%
Net result€54k-€38k▼ 29.8%€16k▼ 58.0%€29k▲ 81.6%€30k▲ 5.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €380k
Fixed assets
€34k▼ 40.5%
Current assets
€345k▼ 0.5%
Equity and liabilities €380k
Equity
€274k▼ 9.1%
Debt
€106k▲ 2.0%
The debt ratio rises from 25.6% to 27.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€69k▼
2024 · €70k
Cash flow
€54k▲
2024 · €52k
Solvency
72.1%▼
2024 · 74.4%
Current ratio
5.42▼
2024 · 6.43
Quick ratio
5.31▼
2024 · 6.34
Debt / equity
0.39▲
2024 · 0.34
ROE
11.1%▲
2024 · 9.6%
ROA
8.0%▲
2024 · 7.1%
Interest coverage
28.28▲
2024 · 26.34
Debt
€106k▲
2024 · €104k
Debt ≤ 1 year
€64k▲
2024 · €54k
Debt > 1 year
€42k▼
2024 · €50k
Income taxes
€13k▼
2024 · €15k
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€405k€380k▼
Fixed assets21/28€58k€34k▼
Tangible fixed assets22/27€58k€34k▼
Land and buildings22€40k€33k▼
Plant, machinery and equipment23€417€94▼
Furniture and vehicles24€18k€1k▼
Current assets29/58€347k€345k▼
Stocks and contracts in progress3€5k€7k▲
Stocks30/36€5k€7k▲
Amounts receivable within one year40/41€63k€79k▲
Trade receivables40€56k€68k▲
Other amounts receivable41€7k€11k▲
Cash at bank and in hand54/58€274k€253k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€405k€380k▼
Equity10/15€301k€274k▼
Contributions10/11€31k€31k=
Reserves13€270k€243k▼
Distributable reserves133€270k€243k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€104k€106k▲
Amounts payable after more than one year17€50k€42k▼
Financial debts170/4€50k€42k▼
Amounts payable within one year42/48€54k€64k▲
Current portion of amounts payable after more than one year42€7k€8k▲
Trade debts44€43k€53k▲
Suppliers440/4€43k€53k▲
Taxes, remuneration and social security45€3k€3k=
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€1k€386▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k=
Other operating charges640/8€3k€2k▼
Gross operating margin9900€73k€71k▼
Operating profit (loss)9901€46k€45k▼
Financial income75/76B€630€745▲
Recurring financial income75€630€745▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€44k€44k▼
Income taxes67/77€15k€13k▼
Profit (loss) for the period9904€29k€30k▲
Profit (loss) for the period to be appropriated9905€29k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€30k▲
Transfer from equity791/2€41k€58k▲
Transfer to equity691/2€29k€30k▲
To other reserves6921€29k€30k▲
Profit to be distributed694/7€41k€58k▲
Return on contributions (dividend)694€41k€58k▲
The notes to these accounts (9 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
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €16k ▼58%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €211k ▲33.2%
3 profitable years in a row build equity to €211k.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €58k ▲41.1%
Operating result €85k, net result €58k, both a record.
31-12
Financial
Equity above €150kEq €158k ▲57.4%
2 profitable years in a row build equity to €158k.
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zandhoven · 1 establishment unit since 2002
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.
Sint Jozefstraat 62240 ZandhovenGround area
680 m²
Building footprint
166 m²
Volume, LiDAR
1,157 m³
Parcel 11054B0411/00C000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sint Jozefstraat 6, 2240 Zandhoven
since 20022.101.763.732
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11054B0411/00C000 | Flanders | 680 m² | 1 · 166 m² | 11.1 m · 2 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.
Similar companies · same sector, comparable size
VERLIGRO
BE 0454.430.548
Lier · Eq €274k
ATS-AT YOUR SERVICES
BE 0736.979.769
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VR technics
BE 0835.958.965
Puurs-Sint-Amands · Eq €274k
ELECTRICITE HALLEUX
BE 0765.953.471
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QONNEX
BE 0478.383.907
Aalst · Eq €274k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,753 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-2002
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.