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PACKO

Active
Private limited companyfounded 200224 yrs activeBrandekensweg 13, 2627 Schelle, BelgiumKBO/BCE: BE 0478.228.113

PACKO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €34k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 95% of 8862 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
93 / 100
Excellent▲ +2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+21
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 118.12 against 1.57 in 2024), and 0.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · 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 →
lowers risk · 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
elevated failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.3%
Return on assets
30%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-07-2026, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
19 d early
2024
47 d early
2023
15 d early
2022
39 d early
2021
8 d early
2020
38 d early
2019
22 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
05-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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 2025, abbreviated schema

Equity
€112k▲ 43.2%
2024 · €79k
2021: €111k 2022: €111k 2023: €141k 2024: €79k
2021 → 2025
Total assets
€113k▼ 36.7%
2024 · €179k
2021: €130k 2022: €114k 2023: €141k 2024: €179k
2021 → 2025
Net result
€34k▼ 8.6%
2024 · €37k
2021: €-4k 2022: €246 2023: €30k 2024: €37k
2021 → 2025
Working capital
€88k▲ 54.4%
2024 · €57k
2021: €88k 2022: €89k 2024: €57k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€111k-€111k▲ 0.2%€141k▲ 27.1%€79k▼ 44.5%€112k▲ 43.2%
Operating result€-2k-€-2k▼ 4.5%€39k€50k▲ 27.5%€52k▲ 4.4%
Net result€-4k-€246€30k▲ 12,157%€37k▲ 23.3%€34k▼ 8.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2021: €-2k€-2kNet result 2021: €-4k€-4kOperating result 2022: €-2k€-2kNet result 2022: €246€246Operating result 2023: €39k€39kNet result 2023: €30k€30kOperating result 2024: €50k€50kNet result 2024: €37k€37kOperating result 2025: €52k€52kNet result 2025: €34k€34k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets €24k▲ 13.1%
Current assets €89k▼ 43.4%
Equity and liabilities €113k
Equity €112k▲ 43.2%
Debt €755▼ 99.2%
The debt ratio falls from 56.1% to 0.7%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€53k
2024 · €51k
Cash flow
€35k
2024 · €38k
Solvency
99.3%
2024 · 43.9%
Current ratio
118.12
2024 · 1.57
Quick ratio
118.12
2024 · 1.57
Debt / equity
0.01
2024 · 1.28
ROE
30.2%
2024 · 47.3%
ROA
30.0%
2024 · 20.8%
Interest coverage
1175.25
2024 · 1165.28
Debt
€755
2024 · €100k
Debt ≤ 1 year
€755
2024 · €100k
Income taxes
€18k
2024 · €13k
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 · 2025 against 2024
Balance sheet Code20242025
Total assets 20/58€179k€113k
Fixed assets 21/28€21k€24k
Tangible fixed assets 22/27€19k€18k
Financial fixed assets 28€2k€6k
Current assets 29/58€157k€89k
Amounts receivable within one year 40/41€17k€2k
Cash & bank 54/58€141k€88k
Total equity & liabilities 10/49€179k€113k
Equity 10/15€79k€112k
Contributions / capital 10/11€20k€20k=
Reserves 13€59k€92k
Amounts payable 17/49€100k€755
Amounts payable within one year 42/48€100k€755
Trade debts payable within one year 44€100€214
Income statement Code20242025
Gross operating margin 9900€56k€58k
Operating result 9901€50k€52k
Financial income 75€19-
Financial charges 65€44€45
Result before taxes 9903€50k€52k
Income taxes 67/77€13k€18k
Net result for the period 9904€37k€34k
Result to be appropriated 9905€37k€34k

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Liquidity times 75current ratio 118.12
Current ratio from 1.57 to 118.12; short-term debt falls from €100k to €755.
31-12
Financial Equity above €100kEq €112k ▲43.2%
4 profitable years in a row build equity to €112k.
14-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2021net €37k ▲23.3%
Net result €37k, the highest in the series.
16-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
10-01
State Gazette act Director changes
v3.2
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €246
Net result €246 after one loss-making year.
31-12
Financial Liquidity times 6current ratio 35.69
Current ratio from 5.60 to 35.69; short-term debt falls from €19k to €3k.
23-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 22 days late
2019
27-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 1 act read

Directors · office · real estate

Directors
1 director, no change since 2024
GEBOERS Sven Jos
Director · since 10-01-2024
Current
10-01-2024 Appointed as Director
Location & real-estate footprint
Registered office, Schelle · 1 establishment unit since 2002
approximate (street level) On OpenStreetMap
Ground area
1.9 ha
Building footprint
1.2 ha
Volume, LiDAR
110,299 m³
Parcel 11038C0286/00E000, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Brandekensweg 13, 2627 Schelle
NACE 7012001
since 20022.114.424.113
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11038C0286/00E000 Flanders 1.9 ha 1 · 1.2 ha 13.0 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.

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 9,089 companies in sector 68201 we hold annual accounts for 6,517. 4,170 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-08-2002
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 05-09-2026. Scores and ratios are computed by Checked and are not a credit decision.