PACK-PRO

Active

Private limited companyfounded 197551 yrs activeRue Hubert Halet 88, 4860 Pepinster, BelgiumKBO/BCE: BE 0415.146.835

PACK-PRO has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9k and a net result of €-36k. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 4829 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2024

27 / 100

Weak▲ +7 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency17▼-2

Growth32▼-20

Stability100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity tight (current ratio 1.02 against 0.99 in 2023), and 91.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

8.1%

Return on assets

-30.8%

Age of the figures

20 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

18192021222324

2018 to 2024 · latest year -€36k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-12-2025, 136 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

136 d late

2023

131 d late

2022

141 d late

2021

124 d late

2020

108 d late

2019

151 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-36k▼ 368%

2023 · €-8k

2018: €8k 2019: €3k 2020: €11k 2021: €713 2022: €-6k 2023: €-8k

2018 → 2024

Working capital

€2k

2023 · €-1k

2018: €-4k 2019: €-126 2020: €48k 2021: €42k 2022: €8k 2023: €-1k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€33k-€34k▲ 2.2%€28k▼ 17.3%€20k▼ 27.5%€9k▼ 53.3%

Operating result€17k-€47k▲ 182%€-1k€-3k▼ 132%€-32k▼ 1,006%

Net result€11k-€713▼ 93.3%€-6k€-8k▼ 31.5%€-36k▼ 368%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €32k in 2024 against €3k in 2023; the loss grows and 2024 is the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €116k

91.4%

Fixed assets €10k▼ 74.1%

Current assets €106k▼ 9.1%

Equity and liabilities €116k

91.9%

Equity €9k▼ 53.3%

Debt €107k▼ 21.1%

The debt ratio rises from 87.0% to 91.9%: equity shrinks faster than debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-29k▼

2023 · €9k

Cash flow

€-32k▼

2023 · €5k

Solvency

8.1%▼

2023 · 13.0%

Current ratio

1.02▲

2023 · 0.99

Quick ratio

1.02▲

2023 · 0.99

Debt / equity

11.35▲

2023 · 6.72

ROE

-380.3%▼

2023 · -38.0%

ROA

-30.8%▼

2023 · -4.9%

Interest coverage

-6.11▼

2023 · 2.35

Debt

€107k▼

2023 · €135k

Debt ≤ 1 year

€104k▼

2023 · €118k

Debt > 1 year

€3k▼

2023 · €17k

Income taxes

€568▼

2023 · €733

Staff costs

€103k▲

2023 · €102k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€155k€116k▼

Fixed assets21/28€38k€10k▼

Tangible fixed assets22/27€38k€9k▼

Land and buildings22€9k€8k▼

Plant, machinery and equipment23€1k€1k▼

Furniture and vehicles24€27k-

Financial fixed assets28€900€900=

Current assets29/58€117k€106k▼

Amounts receivable within one year40/41€39k€18k▼

Trade receivables40€32k€16k▼

Other amounts receivable41€6k€1k▼

Cash at bank and in hand54/58€7k€20k▲

Deferred charges and accrued income490/1€71k€68k▼

Equity and liabilities

Total equity and liabilities10/49€155k€116k▼

Equity10/15€20k€9k▼

Contributions10/11€25k€25k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€-7k€-18k▼

Amounts payable17/49€135k€107k▼

Amounts payable after more than one year17€17k€3k▼

Financial debts170/4€17k€3k▼

Amounts payable within one year42/48€118k€104k▼

Current portion of amounts payable after more than one year42€15k€14k▼

Trade debts44€10k€4k▼

Suppliers440/4€10k€4k▼

Taxes, remuneration and social security45€27k€50k▲

Taxes450/3€1k€6k▲

Remuneration and social security454/9€25k€44k▲

Other amounts payable47/48€67k€36k▼

Income statement Code20232024

Remuneration, social security and pensions62€102k€103k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€3k▼

Other operating charges640/8€4k€2k▼

Gross operating margin9900€116k€76k▼

Operating profit (loss)9901€-3k€-32k▼

Financial income75/76B€29€2k▲

Recurring financial income75€29€2k▲

Financial charges65/66B€4k€5k▲

Recurring financial charges65€4k€5k▲

Profit (loss) for the period before taxes9903€-7k€-35k▼

Income taxes67/77€733€568▼

Profit (loss) for the period9904€-8k€-36k▼

Profit (loss) for the period to be appropriated9905€-8k€-36k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-7k€-43k▼

Profit (loss) brought forward from the previous period14P€475€-7k▼

Shareholders' contribution to the loss794-€25k

Social balance

Average headcount (FTE)90871.81.8=

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

14-12

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 136 days late

2024

31-12

Financial Weakest financial yearnet €-36k

Net result drops to €-36k, the lowest in the series.

09-12

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 131 days late

2023

19-12

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 141 days late

2022

02-12

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 124 days late

2021

16-11

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 108 days late

2020

31-12

Financial Highest result since 2018net €11k ▲252%

Net result €11k, the highest in the series.

29-12

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 151 days late

2019

09-12

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 131 days late

2018

01-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 1 day late

2017

29-09

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 60 days late

2016

26-05

NBB filing Annual accounts filed

fiscal year 2015 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Pepinster · 1 establishment unit since 1975

establishment The establishment unit on the map

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.

Rue Hubert Halet 884860 Pepinster

Ground area

233 m²

Building footprint

53 m²

Volume, LiDAR

356 m³

Parcel 63452C0365/00M000, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

PACK-PRO

Rue Hubert Halet 88, 4860 PepinsterReal estate appraisal on a fee or contract basis

since 19752.011.074.175

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63452C0365/00M000	Wallonia	233 m²	1 · 53 m²	9.2 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

Of 11,702 companies in sector 68310 we hold annual accounts for 6,876. 2,835 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-05-1975

Fiscal year end31-12

Activities, NACEBEL

68310Real estate agency activities

68311Real estate activities

Sources

Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.