The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as PACACARS has now. Each dot stands for 18 companies, two years later.
90.7%
were still trading
8.0%
stopped another way
1.1%
went bankrupt
Micro
10 to 20 years old
solvency 30% or more
a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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
2.9%
3.1%
10
5.6%
6.1%
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 6,920 companies, not a prediction for PACACARS. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0632567484
Changes of role: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director)
Legal-form conversion: from general partnership to private limited company · Capital conversion: €100 · Director discharge: Name hiddenVisible after signing in · General meeting of 27-03-2024 · Gazette deed
Resignation: Hidden nameVisible after signing in (manager)
Permanent representative: Name after signing inVisible after signing in · 100 shares · Director discharge: Name hiddenVisible after signing in · General meeting of 07-02-2023 · Gazette deed
Appointment: Hidden nameVisible after signing in (manager)
General meeting of 20-11-2019 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as PACACARS: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €205,000 and €249,000, founded between 2014 and 2016.
PACACARS has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,965 and a net result of -€5,145.
Its solvency ranks better than 67% of 704 sector peers (NACE 53, financial year 2025).
micro format, filed on 02-07-2026, 29 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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 accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
47,361
136,562
39,360
102,912
39,344
60,496
29,489
-
38,624
52,336
50.6%
44.1%
1.44
1.47
0.97
1.27
-4.4%
55.7%
-2.2%
24.6%
8.63
24.47
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.
Social balance sheet
Social balance sheet
The social balance sheet is the part of the annual accounts about staff: how many people work there, on which contract, who joined and who left, and what they cost. It shows whether an employer is growing or shrinking.
Item
31-12-2025
31-12-2024
Employees at the balance-sheet date
4
6
full-time
4
6
in full-time equivalents
4
6
4.7
4.5
On a permanent contract
4
5
Joined
6
15
Left
8
12
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
Tangible fixed assets
€39,344
€59,496
Financial fixed assets
-
€1,000
€44,505
€34,944
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on PACACARS
The operating result for 2025 is 97% lower than in 2024.
Debt's share of the balance-sheet total falls from 55.9% to 49.4%. Equity and debt are lower.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
2 directors, no change since 2024
Name after signing inVisible after signing in
Director (not named in the articles)
since 27-03-2024term without a fixed end
earlier niet statutair zaakvoerder van vennootschap onder firma, until 10-04-2024
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
PACACARS has no parent and no holdings in its annual accounts. PACACARS shares no director with another company.
Timeline
Timeline
9 events since 2015
Board
Capital
Filings
Establishments
Address
201620182020202220242026
Deadline for the 2026 accounts:
31-07-2027
2026
Annual accounts 2025 filedNBB ↗micro format · 29 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0632567484
Annual accounts 2024 filedPDFmicro format · 99 days late
2024
Changes of role: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director)Legal-form conversion: from general partnership to private limited company · Capital conversion: €100 · Director discharge: Hidden nameVisible after signing in · General meeting of 27-03-202410 points ▸
General meeting, 27-03-2024
Legal-form conversion, from general partnership to private limited company
Capital conversion, €100
Director resignation, Name after signing inVisible after signing in (niet statutair zaakvoerder van vennootschap onder firma)
Director resignation, Name hiddenVisible after signing in (niet statutair zaakvoerder van vennootschap onder firma)
Director discharge, Hidden nameVisible after signing in
Director discharge, Name after signing inVisible after signing in
Director appointment, Name hiddenVisible after signing in (director (not named in the articles))
Director appointment, Hidden nameVisible after signing in (director (not named in the articles))
Resignation: Name after signing inVisible after signing in (manager)Permanent representative: Name hiddenVisible after signing in · 100 shares · Director discharge: Hidden nameVisible after signing in · General meeting of 07-02-20236 points ▸
General meeting, 07-02-2023
100 shares
Director resignation, Name after signing inVisible after signing in (manager)
Director discharge, Name hiddenVisible after signing in
Registered office moved from Meulebeke to OostrozebekeNew registered office: Wielsbekestraat 69 te 8780 Oostrozebeke · Previous registered office: KOORNZAKSTRAAT 23, 8760 MEULEBEKE · General meeting of 29-04-20162 points ▸
General meeting, 29-04-2016
Registered-office move, Wielsbekestraat 69 te 8780 Oostrozebeke
IncorporationFounders: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Founding capital of €100, 100 shares · Appointments: Name hiddenVisible after signing in (manager) and Hidden nameVisible after signing in (manager) · published on 22-06-201510 points ▸
Founder, Name after signing inVisible after signing in
Founder, Name hiddenVisible after signing in
Partner, Hidden nameVisible after signing in
Partner, Name after signing inVisible after signing in
Founding capital, €100, 100 shares
Name hiddenVisible after signing in holds 90 shares
Hidden nameVisible after signing in holds 10 shares
Capital, €100, 100 shares
Director appointment, Name after signing inVisible after signing in (manager)
Director appointment, Name hiddenVisible after signing in (manager)
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
PACACARS was incorporated on 18 June 2015.1The registered office was moved to Oostrozebeke in 2016.2The board currently has 2 members, 2 of whom have served since 2024.3
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
53200Other postal and courier activities main activity
Social security (RSZ) activities
53200Other postal and courier activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Koerierdienst; Goederenvervoer over de weg voor rekening van derden; Depannage; Taxivervoer; Groot- en kleinhandel,import en export van alle…”
14 activities
Koerierdienst
Goederenvervoer over de weg voor rekening van derden
Depannage
Taxivervoer
Groot- en kleinhandel,import en export van alle soorten goederen,het opslaan van al deze goederen,het transport van goederen in de meest ruime zin van het woord te land,te water en in de lucht.
Het verlenen van administratieve prestaties en computerservices;
Overige zakelijke dienstverlening;
Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen
Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt;
Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur;
Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen;
De vennootschap mag betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend doel hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar maatschappelijk doel.
Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars,het uitoefenen van opdrachten en functies;
De vennootschap mag alle verrichtingen,met inbegrip van commercieel,industriële,financiële,roerende en onroerende verrichtingen,doen die rechtstreeks of onrechtstreeks verband houden met het doel van de vennootschap.