PAC

Active Private limited companyfounded 1994active for 32 yearsAvenue des Moissonneurs, Dion-V. 43, 1325 Chaumont-GistouxKBO/BCE: BE 0453.392.351 #9 oldest company in Chaumont-Gistoux, Administrative and support services sector

PAC

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Overview

Lifetime

20 annual accounts with figures on one time axis, 31 filings since 1995

Compare with

peak €96,946 (2024)

€45,415▼ 53.2%

lowest -€59,891 (2014)

€26,184▼ 63.2%

peak €57,798 (2025)

€57,798▲ 82.8%

€24,131▼ 44.4%

peak 0.1 FTE (2007)

-not published

Board1 name since 1994

1 directorCONARD Emile

Documentsfilings and deeds

12-05-202680 days before the deadline

2025micro format

Gross margin from €96,946 to €45,415Result from €71,122 to €26,184Equity from €31,613 to €57,798Debts from €43,369 to €24,131Cash from €29,136 to €56,748

Key points

from the 2025 annual accounts

Turnover

≈ €90,000 estimated

The micro format states no turnover.

Liquidity

3.16 was 1.49 in 2024

Short-term debts fell from €43,369 to €24,131.

Filings

31 annual accounts since 1995

Two of the last ten came late. The 2022 accounts came latest: 8 days after the end of the period.

Checked score

Excellent

Financially stronger than 81% of micro companies in office administrative support (NACE 82)

Probability in this band: under 0.55%

Bankruptcy probability within 12 months < 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.3 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: < 0.1%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength

Strong

96+29equity 70.5% of total assets

88+19short-term debt 29.5% · cash 69.3%

100=return on assets 32.0%

Score breakdown

lowers risk

Liquidity: current ratio 3.16, cash €56,748

Equity €57,798 (70.5% of total assets)

Sector: Office administrative, office support and other business support activities (NACE 82)

Founded in 1994

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 71% of them on solvency, 82% on liquidity, 87% on profitability and 87% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as PAC has now. Each dot stands for 79 companies, two years later.

93.5%

were still trading

5.9%

stopped another way

0.5%

went bankrupt

Micro
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of PAC itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for PAC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €5,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.16 (1.49 in 2024), above the usual 1.5. Short-term debt is 29.5% and cash 69.3% of total assets. 29.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk

Five signals.

lowers riskneutral

Liquidity: current ratio 3.16, cash €56,748

NBB · annual accounts

Equity €57,798 (70.5% of total assets)

NBB · annual accounts

Sector: Office administrative, office support and other business support activities (NACE 82)

KBO

Founded in 1994

Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.

KBO

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 filings

Deviation from the deadline

2025

80 days early

2024

6 days late

2023

36 days early

2022

8 days late

2021

38 days early

2020

45 days early

2019

24 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (4 of the last 5 accounts filed within 43 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

11-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

CONARD Emile

Director, since 20-09-1994

Board & ownership

Recent changes

29-01-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0453392351

29-12-2023

Change of role: CONARD Emile, from manager to director “étude,réalisation,vente aux particuliers et aux entreprises d’installations d’électricité,de plomberie,de…” (deed in French) · Director discharge: CONARD Emile · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 22-12-2023 · Gazette deed

03-10-1994

First establishment PAC SPRL, Avenue des Moissonneurs, Dion-V. 43, Chaumont-Gistoux

20-09-1994

Incorporation published on 30-09-1994 · Gazette deed

All 44 events

Comparable companies

same main activity, similar in size and age

Company
PAC Chaumont-Gistoux	€81,929	€45,415	70.5%	-
LITTLE INDIAN Villers-la-Ville	€79,410	€41,829	35.5%	-
SAINT-ROCH Jette	€90,772	€44,750	-7.8%	-
DIDELHARTHE Wavre	€104,220	€62,483	39.8%	-
MERTENS WERNER Zoersel	€98,433	€54,368	86.5%	-
ADVANTAGE OFFICE Namur	€67,920	€39,808	27.6%	-
Verzekeringskantoor Slaets-VDW Ranst	€76,737	€61,583	31.3%	-

These companies have the same main activity as PAC: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €67,900 and €104,000, founded between 1988 and 1994.

Official details

Source: KBO

Status: Active since 20-09-1994Normal situation
Activity: Office administrative and support servicesNACE 82100
Joint committee: 200Auxiliary committee for white-collar workers · annual accounts 2022
Establishment unit: 2.068.471.4511325 Chaumont-Gistoux, since 03-10-1994
Financial year end: 31 December
Peppol: Reachable since 29-01-2026

Company details

Annual accounts 2025

: €45,415▼ 53.2%
: €26,184▼ 63.2%
: €57,798▲ 82.8%
: €81,929▲ 9.3%
Filing: Filed on 12-05-2026, 80 days before the end of the filing period

Financials

Insights on PAC

PAC files the micro format. That format states no turnover. The gross margin rose from €6,896 in 2006 to €45,415 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 12-05-2026, 80 days before the deadline

€45,415

▼ 53.2%

€40,380

▼ 56.4%

€45,015

▼ 53.4%

€30,819

▼ 59.0%

70.5%

▲ 28.4 percentage points

3.16

▲ 1.67

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €90,000. Estimated: probably between €71,000 and €140,000.

In the rankings #9 oldest company in Chaumont-Gistoux, Administrative and support services sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €81,929 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

70.5%

Higher than 69% of 9,701 companies in 2025.

3.16

Higher than 67% of 9,319 companies in 2025.

32.0%

Higher than 77% of 9,443 companies in 2025.

PAC Middle half of the sector 80% of the sector Micro accounts in office administrative support (NACE 82)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	81,929	74,982	66,871	7,204	22,512	25,561	28,822	19,101	10,635	9,871	10,795	24,406	71,776	158,064	116,556	107,003	40,195	54,758	110,802	91,092
`21/28`	5,703	10,338	5,138	3,955	2,908	978	50	50	50	851	1,930	12,349	39,747	66,136	64,066	54,159	24,385	38,968	41,225	22,458
`21`	-	-	-	-	-	-	-	-	-	-	-	-	7,716	23,253	5,299	4,880	-	-	-	-
`22/27`	5,478	10,113	4,914	3,731	2,683	754	-	-	-	801	1,881	12,299	31,981	42,833	58,717	49,229	24,335	38,918	41,175	22,408
`23`	4,506	8,487	3,757	2,022	423	754	-	-	-	801	1,881	3,461	7,747	10,918	15,185	23,627	24,151	33,214	28,905	4,559
`24`	54	606	1,157	1,709	2,260	-	-	-	-	-	-	8,838	24,234	31,915	43,532	25,602	184	5,704	12,270	17,849
`26`	917	1,020	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`28`	225	225	225	225	225	225	50	50	50	50	50	50	50	50	50	50	50	50	50	50
`29/58`	76,226	64,644	61,733	3,248	19,604	24,583	28,772	19,051	10,585	9,020	8,865	12,057	32,029	91,928	52,490	52,844	15,810	15,790	69,577	68,634
`40/41`	18,027	34,601	26,653	1,216	13,415	13,463	882	8,530	4,574	4,225	6,904	5,808	26,773	82,077	43,784	28,269	13,441	14,657	36,929	58,511
`40`	12,220	25,737	23,511	-	13,415	13,463	-	8,530	3,891	3,463	5,244	4,560	26,773	82,077	36,232	14,197	8,211	5,105	31,928	58,511
`41`	5,807	8,863	3,142	1,216	-	-	882	-	683	762	1,660	1,248	-	-	7,552	14,072	5,230	9,552	5,001	-
`54/58`	56,748	29,136	34,770	1,176	5,205	10,292	27,891	10,521	6,011	4,796	1,961	6,249	3,113	4,651	3,206	17,975	2,369	-	32,648	10,123
`490/1`	1,450	908	310	856	984	828	-	-	-	-	-	-	2,144	5,200	5,500	6,600	-	1,133	-	-
Balance sheet: equity and liabilities
`10/49`	81,929	74,982	66,871	7,204	22,512	25,561	28,822	19,101	10,635	9,871	10,795	24,406	71,776	158,064	116,556	107,003	40,195	54,758	110,802	91,092
`10/15`	57,798	31,613	-39,509	-65,820	-39,779	-37,658	-40,632	-68,682	-85,005	-72,333	-76,120	-72,033	-12,141	12,779	-705	17,130	-25,635	-27,916	135	17,996
`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`13`	39,198	13,013	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,860
`130/1`	-	-	-	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,860
`1311`	-	-	-	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1319`	-	-	-	-	-	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	39,198	13,013	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`14`	-	-	-59,968	-86,279	-60,239	-58,117	-61,091	-89,142	-105,464	-92,792	-96,579	-92,492	-32,601	-7,680	-21,164	-3,329	-46,094	-48,375	-20,324	-2,464
`17/49`	24,131	43,369	106,380	73,024	62,291	63,219	69,454	87,784	95,639	82,203	86,915	96,438	83,917	145,285	117,261	89,873	65,830	82,674	110,667	73,096
`17`	-	-	-	-	-	-	-	-	-	-	-	1,627	10,413	22,205	33,565	25,796	13,842	24,396	34,606	12,570
`170/4`	-	-	-	-	-	-	-	-	-	-	-	1,627	10,413	22,205	33,565	25,796	13,842	24,396	34,606	12,570
`42/48`	24,131	43,369	106,380	73,024	62,291	63,219	69,454	87,784	95,639	82,203	86,915	94,811	73,504	123,080	83,696	64,077	51,988	58,160	72,591	56,731
`42`	-	-	-	-	-	-	-	-	-	-	1,627	11,831	11,792	11,360	18,058	11,731	10,554	10,209	9,884	4,190
`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	628	-	-
`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	628	-	-
`44`	440	5,080	2,096	776	304	205	200	2,232	3,458	2,153	1,814	4,265	17,316	40,447	7,440	13,367	2,477	6,156	34,607	11,072
`440/4`	440	5,080	2,096	776	304	205	200	2,232	3,458	2,153	1,814	4,265	17,316	40,447	7,440	13,367	2,477	6,156	34,607	11,072
`45`	19,887	6,151	177	424	1,356	2,941	524	2,222	969	-	-	-	4,939	15,572	5,673	2,705	496	932	3,821	56
`450/3`	19,887	6,151	177	424	1,356	2,941	524	2,222	969	-	-	-	4,939	15,314	2,160	2,702	496	932	251	56
`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	258	3,513	3	-	-	3,570	-
`47/48`	3,804	32,137	104,107	71,825	60,631	60,072	68,729	83,330	91,211	80,050	83,474	78,716	39,457	55,701	52,525	36,274	38,461	40,235	24,279	41,413
`492/3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	118	3,470	3,795
Income statement
`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	217,407	-	222,062	135,863	97,780	-	-
`9900`	45,415	96,946	29,225	-23,598	-481	8,066	29,083	18,918	-10,358	4,825	7,101	-31,348	13,066	58,062	17,676	74,076	23,794	-6,739	3,334	6,896
`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	171,605	-	161,215	123,260	115,494	-	-
`62`	-	-	-	-	-	4,067	-	-	-	-	-	-	-	190	431	292	337	85	1,639	82
`630`	4,635	4,025	2,107	1,620	827	237	-	-	801	1,080	10,419	27,398	35,761	37,035	28,580	20,945	14,859	15,762	15,814	11,066
`640/8`	400	387	384	348	384	348	306	1,889	348	348	348	590	762	1,852	3,376	2,140	1,772	1,261	1,471	2,129
`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	296	-	-	-	-
`9901`	40,380	92,534	26,733	-25,565	-1,691	3,414	28,777	17,030	-11,506	3,398	-3,665	-59,337	-23,457	18,985	-14,711	50,699	6,826	-23,847	-15,590	-6,381
`75/76B`	2	1	0	1	-	0	7	4	2	7	10	675	3	-	361	14	-	50	242	341
`75`	2	1	0	1	-	0	7	4	2	7	10	675	3	-	361	14	-	50	242	341
`65/66B`	462	262	245	257	227	250	212	184	198	-382	431	1,230	1,201	2,850	3,468	7,652	4,546	4,254	2,512	3,280
`65`	462	262	245	257	227	250	212	184	198	-382	431	1,230	1,201	2,850	3,468	7,652	4,546	4,254	2,512	3,280
`9903`	39,920	92,273	26,489	-25,820	-1,919	3,164	28,572	16,849	-11,703	3,787	-4,087	-59,891	-24,655	16,135	-17,818	42,765	2,280	-28,051	-17,860	-9,320
`67/77`	13,736	21,151	177	220	203	190	522	527	969	-	-	-	265	2,651	17	-	-	-	-	-24
`9904`	26,184	71,122	26,312	-26,041	-2,122	2,975	28,050	16,322	-12,672	3,787	-4,087	-59,891	-24,920	13,484	-17,835	42,765	2,280	-28,051	-17,860	-9,296
`9905`	26,184	71,122	26,312	-26,041	-2,122	2,975	28,050	16,322	-12,672	3,787	-4,087	-59,891	-24,920	13,484	-17,835	42,765	2,280	-28,051	-17,860	-9,296
Appropriation of the result
`9906`	26,184	11,154	-59,968	-86,279	-60,239	-58,117	-61,091	-89,142	-105,464	-92,792	-96,579	-92,492	-32,601	-7,680	-21,164	-3,329	-46,094	-48,375	-20,324	-2,464
`14P`	-	-59,968	-86,279	-60,239	-58,117	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	26,184	11,154	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`6921`	26,184	11,154	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	-	-	-	-	-	0.1	-	-	-	-	-	-	-	-	-	-	-	-	0.1	-
Hours worked`1013`	-	-	-	-	-	182	-	-	-	-	-	-	-	-	-	-	-	-	175	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 12-05-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	12-05-2026	2026-00108582	PDF
31-12-2024	micro format	06-08-2025	2025-00360868	PDF
31-12-2023	micro format	25-06-2024	2024-00159211	PDF
31-12-2022	micro format	08-08-2023	2023-00318493	PDF
31-12-2021	micro format	23-06-2022	2022-20084518	PDF
31-12-2020	micro format	16-06-2021	2021-20100403	PDF
31-12-2019	micro format	07-07-2020	2020-26500460	PDF
31-12-2018	micro format	05-06-2019	2019-15800285	PDF
31-12-2017	micro format	10-07-2018	2018-30400280	PDF
31-12-2016	micro format	19-05-2017	2017-12500138	PDF
31-12-2015	full format	25-07-2016	2016-34300090	PDF
31-12-2014	full format	22-07-2015	2015-32200293	PDF
31-12-2013	full format	15-05-2014	2014-12200249	PDF
31-12-2012	full format	26-04-2013	2013-10300283	PDF
31-12-2011	full format	05-06-2012	2012-14800556	PDF
31-12-2010	full format	02-05-2011	2011-10200364	PDF
31-12-2009	full format	27-05-2010	2010-13400273	PDF
31-12-2008	full format	11-06-2009	2009-21900374	PDF
31-12-2007	full format	07-05-2008	2008-13200007	PDF
31-12-2006	full format	22-05-2007	2007-15300101	PDF
31-12-2005	full format	29-06-2006	2006-36505242	PDF
31-12-2004	full format	12-05-2005	2005-14800841	PDF
31-12-2003	full format	19-05-2004	2004-15803909	PDF
31-12-2002	full format	25-06-2003	2003-31003356	PDF
31-12-2001	full format	11-07-2002	2002-36802457	PDF
31-12-2000	full format	30-05-2001	2001-15603497	PDF
31-12-1999	full format	17-04-2000	2000-09800207	PDF
31-12-1998	full format	06-05-1999	1999-09201346	PDF
31-12-1997	full format	27-04-1998	1998-07504569	PDF
31-12-1996	full format	15-05-1997	1997-08004585	PDF
31-12-1995	full format	02-05-1996	1996-07105181	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
45,015	96,559	28,840	-23,945	-864	3,652	-	-	-10,705	4,477	6,753	-31,939	12,304	56,020	13,869	71,644	21,685	-8,085	224	4,685
30,819	75,147	28,419	-24,421	-1,294	3,212	-	-	-11,871	4,866	6,332	-32,493	10,840	50,519	10,745	63,710	17,139	-12,289	-2,046	1,770
0	9,224	3,291	2,667	5,188	1,166	-	-	0	0	-0	0	9,371	39,105	38,486	50,718	276	13,505	34,581	3,335
27,612	-5,634	33,595	-4,029	-5,087	-17,598	17,369	4,510	1,216	2,835	-4,289	3,137	-1,538	1,445	-14,769	15,606	-	-	22,525	-
52,095	21,276	-44,647	-69,775	-42,687	-38,636	-40,682	-68,732	-85,054	-73,183	-78,050	-82,754	-41,475	-31,152	-31,206	-11,233	-36,178	-42,370	-3,014	11,903
-	-	-	-	-	-	-	-	-	-	-	-	-	8.7%	-	22.8%	5.0%	-24.4%	-	-
70.5%	42.2%	-59.1%	-913.7%	-176.7%	-147.3%	-141.0%	-359.6%	-799.3%	-732.8%	-705.1%	-295.1%	-16.9%	8.1%	-0.6%	16.0%	-63.8%	-51.0%	0.1%	19.8%
3.16	1.49	0.58	0.04	0.31	0.39	0.41	0.22	0.11	0.11	0.10	0.13	0.44	0.75	0.63	0.82	0.30	0.27	0.96	1.21
0.42	1.37	-	-	-	-	-	-	-	-	-	-	-	11.37	-	5.25	-	-	-	4.06
45.3%	225.0%	-	-	-	-	-	-	-	-	-	-	-	105.5%	-	249.6%	-	-	-	-51.7%
32.0%	94.9%	39.3%	-361.5%	-9.4%	11.6%	97.3%	85.5%	-119.2%	38.4%	-37.9%	-245.4%	-34.7%	8.5%	-15.3%	40.0%	5.7%	-51.2%	-16.1%	-10.2%
97.43	over 100	over 100	-93.19	-3.80	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	-	-	-	-	138 days	-	23 days	22 days	19 days	-	-
-	-	-	-	-	-	-	-	-	-	-	-	-	86 days	-	30 days	7 days	19 days	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€9,224	€3,291	€2,667	€5,188
	€4,635	€4,025	€2,107	€1,620	€827

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on PAC

The operating result for 2025 is 56% lower than in 2024.

Debt's share of the balance-sheet total falls from 57.8% to 29.5%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2023

CONARD Emile

Director (not named in the articles)

since 20-09-1994 term without a fixed end

earlier manager, until 29-12-2023

listed in the 2025 annual accounts, filed on 12-05-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

CONARD Emile
Director (not named in the articles)

BoardEarliermandate already running before its first mention

Mandates as a list

CONARD Emile
- Director (not named in the articles), from 20-09-1994 to date
- Manager, until 29-12-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €18,600
Source: 2025 annual accounts

Articles of association

deed of 29-12-2023 (in French)

Duration: Unlimited

Network & group

No group

PAC has no parent and no holdings in its annual accounts. CONARD Emile is the only director. PAC shares no director with another company.

Timeline

44 events since 1994

Board

Filings

Financial

Establishments

1995200020052010201520202025

Deadline for the 2026 accounts: 31-07-2027

2026

12-05-2026

Annual accounts 2025 filed PDFmicro format · 80 days before the deadline

29-01-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0453392351

2025

31-12-2025

Liquidity more than doubled current ratio 3.16 The current ratio rises from 1.49 to 3.16. Short-term debt falls from €43,369 to €24,131.

06-08-2025

Annual accounts 2024 filed PDFmicro format · 6 days late

2024

31-12-2024

Highest result from 2006 to 2025 net €71,122 ▲170% The operating result of €92,534 and the net result of €71,122 are both a record.

31-12-2024

Liquidity more than doubled current ratio 1.49 The current ratio rises from 0.58 to 1.49. Short-term debt falls from €106,380 to €43,369.

25-06-2024

Annual accounts 2023 filed PDFmicro format · 36 days before the deadline

2023

31-12-2023

Back to profit net €26,312 The net result is €26,312, after 2 loss-making years.

29-12-2023

Change of role: CONARD Emile, from manager to director“étude,réalisation,vente aux particuliers et aux entreprises d’installations d’électricité,de plomberie,de…” (deed in French) · Director discharge: CONARD Emile · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 22-12-20239 points ▸

Director resignation, CONARD Emile (manager)
Director appointment, CONARD Emile (director (not named in the articles))
Director discharge, CONARD Emile
General meeting, 22-12-2023
Purpose change, “étude,réalisation,vente aux particuliers et aux entreprises d’installations d’électricité,de plomberie,de chauffage et de toutes techniques du bâtiment; étude,c…” (deed in French)
Legal-form conversion, from private limited company (pre-2019) to private limited company
Registered office clause, mention Région seule
Amendment of the articles, 1-25
250 shares
The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

08-08-2023

Annual accounts 2022 filed PDFmicro format · 8 days late

2022

23-06-2022

Annual accounts 2021 filed PDFmicro format · 38 days before the deadline

2021

16-06-2021

Annual accounts 2020 filed PDFmicro format · 45 days before the deadline

2020

07-07-2020

Annual accounts 2019 filed PDFmicro format · 24 days before the deadline

2019

05-06-2019

Annual accounts 2018 filed PDFmicro format · 56 days before the deadline

2018

31-12-2018

Back to profit net €16,322 The net result is €16,322, after one loss-making year.

10-07-2018

Annual accounts 2017 filed PDFmicro format · 21 days before the deadline

2017

19-05-2017

Annual accounts 2016 filed PDFmicro format · 73 days before the deadline

2016

31-12-2016

Back to profit net €3,787 The net result is €3,787, after 3 loss-making years.

25-07-2016

Annual accounts 2015 filed PDFfull format · 6 days before the deadline

2015

22-07-2015

Annual accounts 2014 filed PDFfull format · 9 days before the deadline

2014

31-12-2014

Weakest financial year net -€59,891 The net result drops to -€59,891, the lowest from 2006 to 2025. It recovers the following year.

15-05-2014

Annual accounts 2013 filed PDFfull format · 77 days before the deadline

2013

26-04-2013

Annual accounts 2012 filed PDFfull format · 96 days before the deadline

2012

31-12-2012

Back to profit net €13,484 The net result is €13,484, after one loss-making year.

05-06-2012

Annual accounts 2011 filed PDFfull format · 56 days before the deadline

2011

02-05-2011

Annual accounts 2010 filed PDFfull format · 90 days before the deadline

2010

27-05-2010

Annual accounts 2009 filed PDFfull format · 65 days before the deadline

2009

31-12-2009

Back to profit net €2,280 The net result is €2,280, after 3 loss-making years.

11-06-2009

Annual accounts 2008 filed PDFfull format · 50 days before the deadline

2008

07-05-2008

Annual accounts 2007 filed PDFfull format · 85 days before the deadline

2007

22-05-2007

Annual accounts 2006 filed PDFfull format · 70 days before the deadline

2006

29-06-2006

Annual accounts 2005 filed PDFfull format

2005

12-05-2005

Annual accounts 2004 filed PDFfull format

2004

19-05-2004

Annual accounts 2003 filed PDFfull format

2003

25-06-2003

Annual accounts 2002 filed PDFfull format

2002

11-07-2002

Annual accounts 2001 filed PDFfull format

2001

30-05-2001

Annual accounts 2000 filed PDFfull format

2000

17-04-2000

Annual accounts 1999 filed PDFfull format

1999

06-05-1999

Annual accounts 1998 filed PDFfull format

1998

27-04-1998

Annual accounts 1997 filed PDFfull format

1997

15-05-1997

Annual accounts 1996 filed PDFfull format

1996

02-05-1996

Annual accounts 1995 filed PDFfull format

1994

03-10-1994

First establishment PAC SPRL, Avenue des Moissonneurs, Dion-V. 43, Chaumont-Gistoux

20-09-1994

Incorporation published on 30-09-1994

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

PAC was incorporated on 20 September 1994.¹ Total assets rose from €19,101 in 2018 to €81,929 in 2025.²

Company details

Identity

Enterprise number: 0453.392.351
VAT number: BE 0453.392.351
Peppol ID: 0208:0453392351
Legal form: Private limited company
Status: Active, normal situation
Founded: 20-09-1994
Financial year: ends on 31 December
Peppol: Reachable since 29-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: PAC in French
Entity type: Legal entity
Duration: Unlimited
deed of 29-12-2023 (in French)

Activities

NACEBEL 2025

82100 Office administrative and support services main activity

Joint committees annual accounts 2022

JC 200 Auxiliary committee for white-collar workers

Codes under NACEBEL 2008

82110 Office administrative, office support and other business support activities main activity

Codes under NACEBEL 2003

74855 main activity

Purpose: “Le conseil à des centres d'utilisateurs scientifiques,et particulièrement en ce qui concerne la physique nucléaire depuis le conseil…”
6 activities
Le conseil à des centres d'utilisateurs scientifiques,et particulièrement en ce qui concerne la physique nucléaire depuis le conseil ponctuel jusqu'à la prise en charge totale des responsabilités sous tous les aspects techniques,de tous projets concernant des installations nouvelles ou existantes y compris les négociations avec les fournisseurs,la formation du personnel,la maintenance,la réparation et les modifications
L'achat,la vente,l'importation,l’exportation,le commerce,l'étude,la réalisation et la modification de tous composants et sous-ensembles en rapport avec l'équipement scientifique et en particulier dans le domaine de la physique nucléaire
L'étude de nouveaux procédés et/ou développements techniques,la commercialisation,la prise de brevet,et l'exploitation de brevets existants,en ce compris l'organisation de conférences scientifiques
L'accomplissement de toutes activités et opérations d'une société d’investissement,en ce compris l’investissement,la vente ou l'achat de tout ou partie de biens immobiliers situés en Belgique ou à l’étranger
L’étude,la réalisation,la vente aux particuliers et aux entreprises d’installations d’électricité,de plomberie,de chauffage et de toutes techniques du bâtiment
L’étude,la conception,le dessin et la vente de pièces ou d’assemblages de pièces réalisés par usinage tel que fraisage,tournage,soudage,fabrication additive
deed of 29-12-2023 (in French)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
PAC SPRL registered office Avenue des Moissonneurs, Dion-V. 43, 1325 Chaumont-Gistoux 2110001 Manufacture of basic pharmaceutical products and pharmaceutical preparations	03-10-1994	2.068.471.451

Buildings and parcels at the address

Ground area: 1,471 m²
Buildings: 252 m²
Volume, LiDAR: 1,264 m³
Tallest building: 8.0 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
25025C0059/00Y003	1,471 m²	1 · 252 m²	8.0 m · 2

Overview

Lifetime

Key points

Turnover

Liquidity

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on PAC

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency70.5%

Current ratio3.16

Return on assets32.0%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on PAC

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in euro

in euro

70.5%

3.16

32.0%