Packland
The computed 12-month bankruptcy probability of Packland is 1.2% (low). The 2024 annual accounts show equity of €15k and a net result of €-4k. Equity is growing by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 33% of 655 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €15k |
| Net result | €-4k |
| Staff (FTE) | 1 |
| Better than sector | 33% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 35.9% | 55.4% | |
| Net result | €-4k | €19k | |
| Equity | €15k | €43k | |
| Gross operating margin | €35k | €39k | |
| Staff costs | €38k | €23k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | — |
| Net profit | €-4k |
| Cash flow | — |
| Staff costs | €38k |
| Income taxes | — |
| Dividends | — |
| Total assets | €42k |
| Equity | €15k |
| Debt | €27k |
| of which ≤ 1y | €27k |
| of which > 1y | — |
| Working capital | €15k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 1.56 |
| Quick ratio | 1.56 |
| Working capital ratio | 35.9% |
| Solvency | 35.9% |
| Debt / equity | 1.78 |
| Long-term debt ratio | — |
| Interest coverage | — |
| Gross margin | — |
| Net margin | — |
| ROA | -9.0% |
| ROE | -25.1% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €42k |
| Current assets | 29/58 | €42k |
| Amounts receivable within one year | 40/41 | €18k |
| Cash & bank | 54/58 | €25k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €42k |
| Equity | 10/15 | €15k |
| Contributions / capital | 10/11 | €4k |
| Accumulated profits (losses) | 14 | €11k |
| Amounts payable | 17/49 | €27k |
| Amounts payable within one year | 42/48 | €27k |
| Income statement | ||
| Gross operating margin | 9900 | €35k |
| Operating result | 9901 | €-3k |
| Financial charges | 65 | €477 |
| Result before taxes | 9903 | €-4k |
| Net result for the period | 9904 | €-4k |
| Result to be appropriated | 9905 | €-4k |
| NACE primary | 82920 |
| Legal form | Private limited company(610) |
| Incorporation | 21-03-2022 |
| Status | Active |
| Postal code | 3930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72012C0823/00C000 | Flanders | 669 m² | 1 · 147 m² | 7.1 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-05-2025 3 directors appointed, 2 resigning correction
- HARRE Aslan — Bestuurder
- IDRIS Kop — Bestuurder
- YARUK Suat — Bestuurder
- ZUREL Sabri — Bestuurder
- ÇIMENDAg Mehmet — Bestuurder
Technical details
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}21-05-2025 Articles of association amended — translation of the articles, coordination of the articles and amendment of specific articles
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Packland |