PACOFI
ActiveSummary
PACOFI has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €272k. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 22% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency47=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.84 in 2024; short-term debt: 73.5% and cash: 8.7% of total assets), and 77.6% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.4%
Return on assets
35.3%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 12738 sector peers (2025).
NBB · sector comparisonPosition among 12738 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 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
11 d late
2024
17 d late
2023
2 d late
2022
8 d late
2021
3 d late
2020
23 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
Financials · fiscal year 2025, micro schema
Equity
€173k▲ 14.5%
2024 · €151k
Total assets
€771k▲ 14.5%
2024 · €674k
Net result
€272k▼ 19.1%
2024 · €336k
Working capital
€-267k▼ 297%
2024 · €-67k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€202k▼ 20.4%€254k▲ 26.0%€268k▲ 5.5%€361k▲ 34.5%€290k▼ 19.5%
Net result€269k▲ 10.9%€243k▼ 9.7%€256k▲ 5.4%€336k▲ 31.5%€272k▼ 19.1%
Equity€106k▲ 147%€109k▲ 2.5%€115k▲ 5.3%€151k▲ 31.6%€173k▲ 14.5%
Total assets€641k▼ 10.8%€607k▼ 5.3%€615k▲ 1.5%€674k▲ 9.4%€771k▲ 14.5%
Debt€534k▼ 20.8%€498k▼ 6.9%€501k▲ 0.6%€523k▲ 4.4%€598k▲ 14.5%
Working capital€2k€18k▲ 767%€32k▲ 84.0%€-67k€-267k▼ 297%
Staff (FTE)2.6▲ 44.4%1.9▼ 26.9%2.5▲ 31.6%1.4▼ 44.0%2.9▲ 107%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €771k
Fixed assets
€472k ▲ 43.1%
Current assets
€300k ▼ 12.9%
Equity and liabilities €771k
Equity
€173k ▲ 14.5%
Debt
€598k ▲ 14.5%
Debt's share of the balance-sheet total stays at 77.6%.
Key figures and ratios
EBITDA
€335k▼
2024 · €383k
Cash flow
€316k▼
2024 · €358k
Current ratio
0.53▼
2024 · 0.84
Debt to equity
3.46▼
2024 · 3.46
ROE
157.3%▼
2024 · 222.7%
ROA
35.3%▼
2024 · 49.9%
Interest coverage
48.16▼
2024 · 83.17
Debt ≤ 1 year
€567k▲
2024 · €411k
Debt > 1 year
€32k▼
2024 · €111k
Income taxes
€13k▼
2024 · €20k
Staff costs
€71k▲
2024 · €63k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €43k | €93k | €63k | €71k | ▲ 12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40k | €34k | €23k | €22k | €45k | ▲ 104% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €40k | - |
| Other operating charges640/8 | - | €18k | €23k | €22k | €20k | ▼ 11.3% |
| Gross operating margin9900 | €314k | €349k | €408k | €468k | €465k | ▼ 0.6% |
| Operating profit (loss)9901 | €202k | €254k | €268k | €361k | €290k | ▼ 19.5% |
| Financial income75/76B | - | - | - | €365 | €1k | ▲ 228% |
| Recurring financial income75 | €80k | - | - | €365 | €1k | ▲ 228% |
| Financial charges65/66B | - | €6k | €6k | €5k | €7k | ▲ 51.1% |
| Recurring financial charges65 | €6k | €6k | €6k | €5k | €7k | ▲ 51.1% |
| Profit (loss) for the period before taxes9903 | €275k | €249k | €262k | €357k | €285k | ▼ 20.2% |
| Income taxes67/77 | €7k | €6k | €7k | €20k | €13k | ▼ 37.9% |
| Profit (loss) for the period9904 | €269k | €243k | €256k | €336k | €272k | ▼ 19.1% |
| Profit (loss) for the period to be appropriated9905 | €269k | €243k | €256k | €336k | €272k | ▼ 19.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €641k | €607k | €615k | €674k | €771k | ▲ 14.5% |
| Fixed assets21/28 | €278k | €245k | €215k | €329k | €472k | ▲ 43.1% |
| Tangible fixed assets22/27 | €178k | €145k | €115k | €214k | €356k | ▲ 66.4% |
| Land and buildings22 | - | €134k | €113k | €93k | €72k | ▼ 22.2% |
| Furniture and vehicles24 | - | €10k | €2k | €971 | €20k | ▲ 1,968% |
| Other tangible fixed assets26 | - | €905 | €272 | - | - | - |
| Assets under construction and advance payments27 | - | - | - | €120k | €264k | ▲ 119% |
| Financial fixed assets28 | €100k | €100k | €100k | €115k | €115k | = |
| Current assets29/58 | €363k | €362k | €400k | €344k | €300k | ▼ 12.9% |
| Amounts receivable within one year40/41 | €99k | €234k | €171k | €128k | €232k | ▲ 81.5% |
| Trade receivables40 | - | €234k | €171k | €128k | €232k | ▲ 81.5% |
| Other amounts receivable41 | - | €5 | €5 | - | - | - |
| Cash at bank and in hand54/58 | €263k | €127k | €228k | €216k | €67k | ▼ 68.8% |
| Deferred charges and accrued income490/1 | - | €687 | €1k | €336 | €341 | ▲ 1.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €641k | €607k | €615k | €674k | €771k | ▲ 14.5% |
| Equity10/15 | €106k | €109k | €115k | €151k | €173k | ▲ 14.5% |
| Contributions10/11 | - | €14k | €14k | €14k | €14k | = |
| Reserves13 | €65k | €68k | €74k | €110k | €132k | ▲ 20.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Other1319 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €66k | €72k | €108k | €130k | ▲ 20.4% |
| Profit (loss) carried forward14 | €28k | €28k | €28k | €28k | €28k | = |
| Amounts payable17/49 | €534k | €498k | €501k | €523k | €598k | ▲ 14.5% |
| Amounts payable after more than one year17 | €174k | €153k | €133k | €111k | €32k | ▼ 71.5% |
| Financial debts170/4 | - | €153k | €133k | €111k | €32k | ▼ 71.5% |
| Amounts payable within one year42/48 | €361k | €344k | €368k | €411k | €567k | ▲ 37.7% |
| Current portion of amounts payable after more than one year42 | - | €20k | €21k | €21k | €7k | ▼ 67.0% |
| Trade debts44 | €127k | €53k | €73k | €58k | €302k | ▲ 421% |
| Suppliers440/4 | - | €53k | €73k | €58k | €302k | ▲ 421% |
| Taxes, remuneration and social security45 | - | €31k | €24k | €32k | €7k | ▼ 77.1% |
| Taxes450/3 | - | €31k | €24k | €32k | €7k | ▼ 77.1% |
| Other amounts payable47/48 | - | €240k | €250k | €300k | €250k | ▼ 16.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €269k | €243k | €256k | €336k | €272k | ▼ 19.1% |
| + Depreciation and write-downs630 | €40k | €34k | €23k | €22k | €45k | ▲ 104% |
| Operating cash flow (approximation) | €309k | €277k | €279k | €358k | €316k | ▼ 11.6% |
| Investment in fixed assets (approximation) | - | €-1k | €7k | €-136k | €-187k | ▼ 37.0% |
| Change in cash | - | €-136k | €101k | €-12k | €-149k | ▼ 1,104% |
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
Next filing, fiscal year 2026, expected by
2026
30-07
State Gazette act
General meeting · Approval
Dissolution · Liquidation
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
30-06
Financial
Highest result since 2019net €336k ▲31.5%
Operating result €361k, net result €336k, both a record.
30-06
Financial
Equity above €150kEq €151k ▲31.6%
6 profitable years in a row build equity to €151k.
02-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
03-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
30-06
Financial
Equity above €100kEq €106k ▲147%
3 profitable years in a row build equity to €106k.
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
18-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Genappe · 3 establishment units since 2006
Ground area
4,735 m²
Building footprint
1,081 m²
Volume, LiDAR
8,358 m³
3 parcels, Flanders, Wallonia · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
3 establishment units
PACOFI
since 20062.201.579.504
Sint Pancratiuslaan 59, 1950 Kraainem
since 20162.259.298.858
Rue de l'Ancienne Gare 2A, 1380 Lasne
since 20162.259.298.759
3 parcels
Flanders
1
(33.3%)
Wallonia
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051C0091/00A003 | Wallonia | 1,953 m² | 1 · 369 m² | 12.3 m · 3 fl. |
| 22002A0351/00K002 | Flanders | 1,468 m² | 1 · 616 m² | 9.7 m · 2 fl. |
| 25113A0080/00E002 | Wallonia | 1,314 m² | 1 · 96 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,496 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-12-2005
Fiscal year end30-06
Abbreviation FR
Paulus Comptafin
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Scores and ratios are computed by Checked and are not a credit decision.