PACOM
ActiveSummary
The annual accounts of PACOM for fiscal year 2024 show a net loss of 55% of the equity at the start of that year. The 2024 annual accounts show equity of €30,400 and a net result of -€36,820. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 26040 sector peers (fiscal year 2024). The company has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-81
Solvency40▼-17
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.18 against 0.33 in 2023; short-term debt: 84.8% and cash: 12.3% of total assets), and 84.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
15.2%
Return on assets
-18.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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
25 d late
2023
31 d late
2022
25 d late
2021
69 d late
2020
31 d late
2019
27 d late
← 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 35 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check 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 Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
In the rankings
#8 oldest company in Huy, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€36,820
2023 · €20,464
Working capital
-€138,922▼ 45.0%
2023 · -€95,835
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20202021202220232024
Operating result€33,745▲ 216%€7,933▼ 76.5%€7,461▼ 5.9%€23,751▲ 218%-€25,231
Net result€26,759within the sector's middle half▲ 21,655%€2,492within the sector's middle half▼ 90.7%€487within the sector's middle half▼ 80.4%€20,464above the sector's middle half▲ 4,099%-€36,820below the sector's middle half
Equity€43,621within the sector's middle half▲ 159%€46,113within the sector's middle half▲ 5.7%€46,601within the sector's middle half▲ 1.1%€67,220within the sector's middle half▲ 44.2%€30,400within the sector's middle half▼ 54.8%
Total assets€242,536below the sector's middle half▲ 10.0%€220,360within the sector's middle half▼ 9.1%€234,741within the sector's middle half▲ 6.5%€210,312within the sector's middle half▼ 10.4%€199,923within the sector's middle half▼ 4.9%
Debt€198,915▼ 2.3%€174,247▼ 12.4%€188,140▲ 8.0%€143,092▼ 23.9%€169,523▲ 18.5%
Working capital-€117,712▲ 14.6%-€115,631▲ 1.8%-€117,777▼ 1.9%-€95,835▲ 18.6%-€138,922▼ 45.0%
Solvency18.0%within the sector's middle half▲ 10.3pp20.9%within the sector's middle half▲ 2.9pp19.9%within the sector's middle half▼ 1.1pp32.0%within the sector's middle half▲ 12.1pp15.2%within the sector's middle half▼ 16.8pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €25,231 after €23,751 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €199,923
Fixed assets
€169,322 ▲ 3.6%
Current assets
€30,600 ▼ 34.8%
Equity and liabilities €199,923
Equity
€30,400 ▼ 54.8%
Debt
€169,523 ▲ 18.5%
Debt's share of the balance-sheet total rises from 68.0% to 84.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€22,531▼
2023 · €25,389
Cash flow
-€34,120▼
2023 · €22,102
Current ratio
0.18▼
2023 · 0.33
Debt to equity
5.58▲
2023 · 2.13
ROE
-121.1%▼
2023 · 30.4%
ROA
-18.4%▼
2023 · 9.7%
Interest coverage
-1.94▼
2023 · 7.73
Debt ≤ 1 year
€169,523▲
2023 · €142,775
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,866 | €1,868 | €2,340 | €1,638 | €2,700 | ▲ 64.8% |
| Other operating charges640/8 | - | €4,528 | €871 | €1,433 | €791 | ▼ 44.8% |
| Non-recurring operating charges66A | - | - | - | €849 | - | - |
| Gross operating margin9900 | €41,775 | €14,329 | €10,672 | €27,670 | -€21,740 | ▼ 179% |
| Operating profit (loss)9901 | €33,745 | €7,933 | €7,461 | €23,751 | -€25,231 | ▼ 206% |
| Financial charges65/66B | - | €5,441 | €6,974 | €3,286 | €11,589 | ▲ 253% |
| Recurring financial charges65 | €6,986 | €5,441 | €6,974 | €3,286 | €11,589 | ▲ 253% |
| Profit (loss) for the period before taxes9903 | €26,759 | €2,492 | €487 | €20,464 | -€36,820 | ▼ 280% |
| Profit (loss) for the period9904 | €26,759 | €2,492 | €487 | €20,464 | -€36,820 | ▼ 280% |
| Profit (loss) for the period to be appropriated9905 | €26,759 | €2,492 | €487 | €20,464 | -€36,820 | ▼ 280% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €242,536 | €220,360 | €234,741 | €210,312 | €199,923 | ▼ 4.9% |
| Fixed assets21/28 | €164,304 | €165,303 | €164,378 | €163,372 | €169,322 | ▲ 3.6% |
| Tangible fixed assets22/27 | €1,825 | €2,824 | €1,899 | €893 | €6,843 | ▲ 666% |
| Plant, machinery and equipment23 | - | €2,824 | €1,899 | €893 | €6,843 | ▲ 666% |
| Financial fixed assets28 | €162,479 | €162,479 | €162,479 | €162,479 | €162,479 | = |
| Current assets29/58 | €78,232 | €55,057 | €70,363 | €46,940 | €30,600 | ▼ 34.8% |
| Stocks and contracts in progress3 | €10,333 | €7,583 | €7,583 | €7,583 | - | - |
| Stocks30/36 | - | €7,583 | €7,583 | €7,583 | - | - |
| Amounts receivable within one year40/41 | €30,402 | €24,527 | €31,658 | €19,920 | €4,243 | ▼ 78.7% |
| Trade receivables40 | - | - | €13,252 | €12,834 | €4,243 | ▼ 66.9% |
| Other amounts receivable41 | - | €24,527 | €18,406 | €7,086 | - | - |
| Current investments50/53 | €1,250 | €1,250 | €1,250 | €1,250 | €1,250 | = |
| Cash at bank and in hand54/58 | €30,399 | €15,849 | €24,024 | €17,724 | €24,644 | ▲ 39.0% |
| Deferred charges and accrued income490/1 | - | €5,848 | €5,849 | €463 | €463 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €242,536 | €220,360 | €234,741 | €210,312 | €199,923 | ▼ 4.9% |
| Equity10/15 | €43,621 | €46,113 | €46,601 | €67,220 | €30,400 | ▼ 54.8% |
| Contributions10/11 | €38,424 | €38,424 | €38,423 | €38,423 | €38,423 | = |
| Capital10 | - | €38,424 | - | - | - | - |
| Issued capital100 | - | €44,621 | - | - | - | - |
| Uncalled capital101 | - | €6,197 | - | - | - | - |
| Reserves13 | €125,636 | €125,636 | €125,637 | €125,637 | €125,637 | = |
| Non-distributable reserves130/1 | - | €4,462 | €4,462 | €4,462 | €4,462 | = |
| Legal reserve130 | - | €4,462 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €4,462 | €4,462 | €4,462 | = |
| Tax-exempt reserves132 | - | €4,188 | €4,188 | €4,188 | €4,188 | = |
| Distributable reserves133 | - | €116,986 | €116,986 | €116,986 | €116,986 | = |
| Profit (loss) carried forward14 | -€120,439 | -€117,947 | -€117,460 | -€96,840 | -€133,660 | ▼ 38.0% |
| Amounts payable17/49 | €198,915 | €174,247 | €188,140 | €143,092 | €169,523 | ▲ 18.5% |
| Amounts payable within one year42/48 | €195,944 | €170,688 | €188,140 | €142,775 | €169,523 | ▲ 18.7% |
| Financial debts43 | - | €74,753 | €75,000 | €75,000 | €74,991 | = |
| Credit institutions430/8 | - | €74,753 | €75,000 | €75,000 | €74,991 | = |
| Trade debts44 | - | €12,599 | €21,384 | €13,770 | €7,012 | ▼ 49.1% |
| Suppliers440/4 | - | €12,599 | €21,384 | €13,770 | €7,012 | ▼ 49.1% |
| Taxes, remuneration and social security45 | - | €2,642 | €3,266 | €3,197 | €4,043 | ▲ 26.5% |
| Taxes450/3 | - | €2,642 | €3,266 | €3,197 | €4,043 | ▲ 26.5% |
| Other amounts payable47/48 | - | €80,694 | €88,491 | €50,808 | €83,477 | ▲ 64.3% |
| Accrued charges and deferred income492/3 | - | €3,559 | - | €317 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,759 | €2,492 | €487 | €20,464 | -€36,820 | ▼ 280% |
| + Depreciation and write-downs630 | €6,866 | €1,868 | €2,340 | €1,638 | €2,700 | ▲ 64.8% |
| Operating cash flow (approximation) | €33,625 | €4,360 | €2,827 | €22,102 | -€34,120 | ▼ 254% |
| Investment in fixed assets (approximation) | - | -€2,867 | -€1,415 | -€632 | -€8,650 | ▼ 1,268% |
| Change in cash | - | -€14,550 | €8,175 | -€6,300 | €6,920 | ▲ 210% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet -€36,820
Net result drops to -€36,820, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
08-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 69 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €26,759 ▲21,655%
Operating result €33,745, net result €26,759, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial
Back to profitnet €123
Net result €123 after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 43 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Huy · 1 establishment unit since 1984
Ground area
2,956 m²
Building footprint
49 m²
Volume, LiDAR
336 m³
Parcel 61007C0842/00S003, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Emile Vandervelde 83, 4500 Huy
since 19842.025.238.254
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61007C0842/00S003 | Wallonia | 2,956 m² | 1 · 49 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
BART DERÉ SERVICES
BE 0824.840.092
Wevelgem · Eq €30,433
DCONCEPT
BE 0843.306.716
Hastière · Eq €30,515
RV TELEMATICS
BE 0888.063.308
Huldenberg · Eq €30,538
BUREAU MODERNE
BE 0434.497.741
Drogenbos · Eq €30,567
ASSISTANCE et PROJETS INFORMATIQUES
BE 0461.240.146
Jemeppe-sur-Sambre · Eq €30,202
Of 3,223 companies in sector 47400 we hold annual accounts for 1,808. 1,318 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 (pre-2019)
Founded28-08-1984
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0426168114
Also
9925:BE0426168114
Registered
13-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.