PACHAPAPA
BankruptcyThe KBO register records for PACHAPAPA the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €5k and a net result of €24k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-03-2022 was due by 31-10-2022 and was filed on 03-11-2022, 3 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 · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
3 d late
2021
8 d late
2020
30 d late
2019
22 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€5k
2021 · €-25k
2019: €-57k
2020: €-42k
2021: €-25k
2019 → 2022
Total assets
€112k▼ 11.9%
2021 · €127k
2019: €128k
2020: €106k
2021: €127k
2019 → 2022
Net result
€24k▲ 44.5%
2021 · €16k
2019: €-62k
2020: €15k
2021: €16k
2019 → 2022
Working capital
€28k▲ 172%
2021 · €10k
2019: €-4k
2020: €6k
2021: €10k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€-57k-€-42k▲ 26.7%€-25k▲ 39.5%€5k
Operating result€-55k-€25k€23k▼ 4.3%€41k▲ 76.2%
Net result€-62k-€15k€16k▲ 8.4%€24k▲ 44.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 76% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €112k
Fixed assets
€561▼ 71.5%
Current assets
€111k▼ 11.0%
Equity and liabilities €112k
Equity
€5k
Debt
€107k
Debt finances 95.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€43k▲
2021 · €25k
Cash flow
€25k▲
2021 · €18k
Solvency
4.2%▲
2021 · -19.9%
Current ratio
1.34▲
2021 · 1.09
Quick ratio
1.16▲
2021 · 0.88
Debt / equity
22.54▲
2021 · -1.49
ROE
500.9%
ROA
21.3%▲
2021 · 13.0%
Interest coverage
8.09
Debt
€107k▼
2021 · €152k
Debt ≤ 1 year
€83k▼
2021 · €115k
Debt > 1 year
€24k▼
2021 · €38k
Income taxes
€12k▲
2021 · €112
Staff costs
€27k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€127k€112k▼
Fixed assets21/28€2k€561▼
Intangible fixed assets21€903€69▼
Tangible fixed assets22/27€889€316▼
Furniture and vehicles24-€316
Financial fixed assets28€175€175=
Current assets29/58€125k€111k▼
Stocks and contracts in progress3€24k€15k▼
Stocks30/36-€15k
Amounts receivable within one year40/41€87k€83k▼
Trade receivables40-€76k
Other amounts receivable41-€7k
Cash at bank and in hand54/58€14k€13k▼
Deferred charges and accrued income490/1-€191
Equity and liabilities
Total equity and liabilities10/49€127k€112k▼
Equity10/15€-25k€5k▲
Contributions10/11€12k€19k▲
Capital10-€19k
Issued capital100-€19k
Reserves13€6k€6k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Tax-exempt reserves132-€5k
Profit (loss) carried forward14€-44k€-20k▲
Amounts payable17/49€152k€107k▼
Amounts payable after more than one year17€38k€24k▼
Financial debts170/4-€24k
Amounts payable within one year42/48€115k€83k▼
Current portion of amounts payable after more than one year42-€7k
Financial debts43-€27k
Credit institutions430/8-€27k
Trade debts44€47k€29k▼
Suppliers440/4-€29k
Taxes, remuneration and social security45-€11k
Taxes450/3-€11k
Remuneration and social security454/9-€575
Other amounts payable47/48-€9k
Income statement
Code20212022
Remuneration, social security and pensions62-€27k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8-€3k
Gross operating margin9900€46k€72k▲
Operating profit (loss)9901€23k€41k▲
Financial charges65/66B-€5k
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€17k€36k▲
Income taxes67/77€112€12k▲
Profit (loss) for the period9904€16k€24k▲
Profit (loss) for the period to be appropriated9905€16k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-20k
Profit (loss) brought forward from the previous period14P-€-44k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
31-03
Financial
Highest result since 2019net €24k ▲44.5%
Operating result €41k, net result €24k, both a record.
2021
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · full 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, Namur · 1 establishment unit since 2016
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.
Chaussée de Liège(JB) 4525100 NamurGround area
497 m²
Building footprint
198 m²
Volume, LiDAR
1,771 m³
Parcel 92067A0137/00A000, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Liège(JB) 452, 5100 Namur
since 20162.248.433.076
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92067A0137/00A000 | Wallonia | 497 m² | 1 · 197 m² | 11.2 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.
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Of 335 companies in sector 46471 we hold annual accounts for 189. 55 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-12-2015
Fiscal year end31-03
Activities, NACEBEL
46471Wholesale trade
47551Retail sale of household furniture
47591Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.