PACHIMMO
ActiveSummary
The computed 12-month bankruptcy probability of PACHIMMO is 1.5% (moderate). The 2024 annual accounts show equity of €335,682 and a net result of €39,758. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 1765 sector peers (fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability81▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 10.23 against 7.61 in 2023; short-term debt: 5.6% and cash: 12.6% of total assets), and 20.5% of the assets are financed with debt.
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Signals
Five 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-09-2025, 51 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
not confirmed
2024
51 d late
2023
29 d late
2021
172 d late
2020
78 d late
2019
443 d late
2018
64 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 118 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€39,758▼ 19.4%
2023 · €49,319
Working capital
€219,130▲ 26.3%
2023 · €173,482
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120232024
Operating result€2,491▼ 81.8%€15,769▲ 533%€33,938▲ 115%€48,369-€49,125▲ 1.6%
Net result-€535€18,087above the sector's middle half€27,039within the sector's middle half▲ 49.5%€49,319above the sector's middle half-€39,758within the sector's middle half▼ 19.4%
Equity€169,290▼ 0.3%€196,189above the sector's middle half▲ 15.9%€232,040above the sector's middle half▲ 18.3%€295,924above the sector's middle half-€335,682above the sector's middle half▲ 13.4%
Total assets€318,844▲ 22.5%€336,933above the sector's middle half▲ 5.7%€348,178within the sector's middle half▲ 3.3%€393,593within the sector's middle half-€422,021within the sector's middle half▲ 7.2%
Debt€85,730▲ 221%€89,685▲ 4.6%€77,844▼ 13.2%€84,904-€82,386▼ 3.0%
Working capital€31,500▼ 32.0%€68,066above the sector's middle half▲ 116%€113,872above the sector's middle half▲ 67.3%€173,482above the sector's middle half-€219,130above the sector's middle half▲ 26.3%
Solvency53.1%▼ 12.1pp58.2%above the sector's middle half▲ 5.1pp66.6%above the sector's middle half▲ 8.4pp75.2%above the sector's middle half-79.5%above the sector's middle half▲ 4.4pp
Current ratio1.41▼ 1.404.21above the sector's middle half▲ 2.8013.13above the sector's middle half▲ 8.927.61above the sector's middle half-10.23above the sector's middle half▲ 2.62
Return on assets (ROA)-0.2%▼ 4.4pp5.4%within the sector's middle half▲ 5.5pp7.8%within the sector's middle half▲ 2.4pp12.5%above the sector's middle half-9.4%within the sector's middle half▼ 3.1pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 2% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €422,021
Fixed assets
€179,157 ▼ 7.6%
Current assets
€242,864 ▲ 21.6%
Equity and liabilities €422,021
Equity
€335,682 ▲ 13.4%
Provisions
€3,953 ▼ 69.0%
Debt
€82,386 ▼ 3.0%
Debt's share of the balance-sheet total falls from 21.6% to 19.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€67,063▼
2023 · €71,545
Cash flow
€57,696▼
2023 · €72,495
Quick ratio
9.84▲
2023 · 7.25
Debt to equity
0.25▼
2023 · 0.29
ROE
11.8%▼
2023 · 16.7%
Interest coverage
31.00▼
2023 · 139.71
Debt ≤ 1 year
€23,734▼
2023 · €26,252
Debt > 1 year
€58,652=
2023 · €58,652
Income taxes
€7,203▲
2023 · €2,500
Staff costs
€75,197▲
2023 · €47,072
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €17,373 | €47,072 | €75,197 | ▲ 59.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,306 | €20,980 | €31,966 | €23,176 | €17,938 | ▼ 22.6% |
| Other operating charges640/8 | - | - | €10,881 | €3,269 | €8,096 | ▲ 148% |
| Gross operating margin9900 | €58,128 | €65,427 | €94,159 | €121,886 | €150,357 | ▲ 23.4% |
| Operating profit (loss)9901 | €2,491 | €15,769 | €33,938 | €48,369 | €49,125 | ▲ 1.6% |
| Financial income75/76B | - | - | - | €10 | - | - |
| Recurring financial income75 | - | €0 | - | €10 | - | - |
| Financial charges65/66B | - | - | €213 | €512 | €2,163 | ▲ 322% |
| Recurring financial charges65 | €3,026 | €1,635 | €213 | €512 | €2,163 | ▲ 322% |
| Profit (loss) for the period before taxes9903 | -€535 | €14,134 | €33,725 | €47,866 | €46,961 | ▼ 1.9% |
| Transfer from deferred taxes780 | - | - | €3,953 | €3,953 | - | - |
| Income taxes67/77 | - | - | €10,639 | €2,500 | €7,203 | ▲ 188% |
| Profit (loss) for the period9904 | -€535 | €18,087 | €27,039 | €49,319 | €39,758 | ▼ 19.4% |
| Transfer from tax-exempt reserves789 | - | - | €8,812 | €8,812 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€535 | €26,899 | €35,851 | €58,131 | €39,758 | ▼ 31.6% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €318,844 | €336,933 | €348,178 | €393,593 | €422,021 | ▲ 7.2% |
| Fixed assets21/28 | €210,607 | €247,638 | €224,919 | €193,859 | €179,157 | ▼ 7.6% |
| Tangible fixed assets22/27 | €76,492 | €113,523 | €90,804 | €59,743 | €45,041 | ▼ 24.6% |
| Land and buildings22 | - | - | €26,610 | €20,565 | €17,543 | ▼ 14.7% |
| Plant, machinery and equipment23 | - | - | €62,731 | €35,378 | €22,780 | ▼ 35.6% |
| Furniture and vehicles24 | - | - | €1,463 | €3,800 | €4,718 | ▲ 24.1% |
| Financial fixed assets28 | €134,116 | €134,116 | €134,116 | €134,116 | €134,116 | = |
| Current assets29/58 | €108,237 | €89,295 | €123,259 | €199,734 | €242,864 | ▲ 21.6% |
| Amounts receivable after more than one year29 | - | - | €16,037 | €21,510 | €46,178 | ▲ 115% |
| Trade receivables290 | - | - | - | €5,317 | €29,986 | ▲ 464% |
| Other amounts receivable291 | - | - | €16,037 | €16,193 | €16,193 | = |
| Stocks and contracts in progress3 | €6,538 | €6,555 | €6,534 | €9,317 | €9,335 | ▲ 0.2% |
| Stocks30/36 | - | - | €6,534 | €9,317 | €9,335 | ▲ 0.2% |
| Amounts receivable within one year40/41 | €35,084 | €37,471 | €38,432 | €58,785 | €59,588 | ▲ 1.4% |
| Trade receivables40 | - | - | €5,814 | €12,909 | €13,712 | ▲ 6.2% |
| Other amounts receivable41 | - | - | €32,618 | €45,876 | €45,876 | = |
| Cash at bank and in hand54/58 | €32,356 | €6,197 | €8,935 | €49,290 | €53,194 | ▲ 7.9% |
| Deferred charges and accrued income490/1 | - | - | €53,321 | €60,833 | €74,568 | ▲ 22.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €318,844 | €336,933 | €348,178 | €393,593 | €422,021 | ▲ 7.2% |
| Equity10/15 | €169,290 | €196,189 | €232,040 | €295,924 | €335,682 | ▲ 13.4% |
| Contributions10/11 | €80,092 | €80,092 | €80,092 | €80,092 | €80,092 | = |
| Capital10 | - | - | €80,092 | €80,092 | €80,092 | = |
| Issued capital100 | - | - | €80,092 | €80,092 | €80,092 | = |
| Reserves13 | €154,333 | €154,333 | €154,333 | €154,333 | €154,333 | = |
| Non-distributable reserves130/1 | - | - | €10,090 | €10,090 | €10,090 | = |
| Legal reserve130 | - | - | €10,090 | €10,090 | €10,090 | = |
| Tax-exempt reserves132 | - | - | €138,648 | €138,648 | €138,648 | = |
| Distributable reserves133 | - | - | €5,594 | €5,594 | €5,594 | = |
| Profit (loss) carried forward14 | -€65,135 | -€38,236 | -€2,385 | €61,499 | €101,257 | ▲ 64.6% |
| Provisions and deferred taxes16 | €63,824 | €51,059 | €38,294 | €12,765 | €3,953 | ▼ 69.0% |
| Provisions for liabilities and charges160/5 | - | - | €11,858 | €3,953 | €3,953 | = |
| Taxes161 | - | - | €11,858 | €3,953 | €3,953 | = |
| Deferred taxes168 | - | - | €26,436 | €8,812 | - | - |
| Amounts payable17/49 | €85,730 | €89,685 | €77,844 | €84,904 | €82,386 | ▼ 3.0% |
| Amounts payable after more than one year17 | €8,993 | €68,457 | €68,457 | €58,652 | €58,652 | = |
| Financial debts170/4 | - | - | €68,457 | €58,652 | €58,652 | = |
| Amounts payable within one year42/48 | €76,737 | €21,228 | €9,387 | €26,252 | €23,734 | ▼ 9.6% |
| Current portion of amounts payable after more than one year42 | - | - | €4,606 | €15,302 | €12,882 | ▼ 15.8% |
| Trade debts44 | €36,474 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €4,781 | €10,950 | €10,853 | ▼ 0.9% |
| Taxes450/3 | - | - | €2,879 | €9,184 | €5,047 | ▼ 45.0% |
| Remuneration and social security454/9 | - | - | €1,902 | €1,766 | €5,806 | ▲ 229% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€535 | €18,087 | €27,039 | €49,319 | €39,758 | ▼ 19.4% |
| + Depreciation and write-downs630 | €9,306 | €20,980 | €31,966 | €23,176 | €17,938 | ▼ 22.6% |
| Operating cash flow (approximation) | €8,771 | €39,067 | €59,005 | €72,495 | €57,696 | ▼ 20.4% |
| Investment in fixed assets (approximation) | - | -€58,011 | -€9,247 | - | -€3,236 | - |
| Change in cash | - | -€26,159 | €2,737 | - | €3,905 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 51 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €49,319 ▲82.4%
Net result €49,319, the highest in the series.
19-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 172 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 13.13
Current ratio from 4.21 to 13.13; short-term debt falls from €21,228 to €9,387.
31-12
Financial
Equity above €200,000Eq €232,040 ▲18.3%
2 profitable years in a row build equity to €232,040.
17-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 78 days late
17-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 443 days late
2020
31-12
Financial
Back to profitnet €18,087
Net result €18,087 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.21
Current ratio from 1.41 to 4.21; short-term debt falls from €76,737 to €21,228.
2019
31-12
Financial
Weakest financial yearnet -€535
Net result drops to -€535, the lowest in the series; recovery starts the following year.
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2015
24-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 146 days late
19-03
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 231 days late
2014
25-03
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 237 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Elsene · 1 establishment unit since 1996
Ground area
223 m²
Building footprint
197 m²
Volume, LiDAR
3,016 m³
2 parcels, Brussels, Flanders · tallest building 43.1 m, ±6 floors. Linked by address, not a title deed.
34
companies at this address
See who is registered here
1 establishment unit
LE SYRTAKI
since 19962.018.152.207
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0138/00N006 | Brussels | 147 m² | 1 · 117 m² | 21.6 m · 6 fl. |
| 31602A0426/00R000 | Flanders | 76 m² | 1 · 80 m² | 43.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBlankenberge2.018.152.207
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 7,378 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-11-1989
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0438910944
Also
9925:BE0438910944
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.