PACRINA
ActiveSummary
PACRINA has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.85M and a net result of €1.05M. Equity is growing by ~14.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+1
Solvency100=
Growth83▼-2
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.6 in 2024; short-term debt: 21.2% and cash: 13.4% of total assets), and 21.2% 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 risk+raises risk○neutral
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
78.8%
Return on assets
21.6%
Age of the figures
9 mo
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
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
37 d early
2023
36 d early
2022
33 d early
2021
31 d early
2020
19 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.45M▼ 0.9%
2023 · €1.46M
2018: €455k
2019: €455k
2020: €443k
2021: €467k
2022: €949k
2023: €1.46M
2018 → 2025
EBIT margin
96.9%=
2023 · 96.9%
2018: 261.3%
2019: 88.1%
2020: 87.9%
2021: 91.2%
2022: 84.2%
2023: 96.9%
2018 → 2025
Net result
€1.05M▼ 0.6%
2024 · €1.06M
2018: €774k
2019: €252k
2020: €274k
2021: €308k
2022: €3.68M
2023: €1.06M
2024: €1.06M
2018 → 2025
Working capital
€-380k▲ 12.6%
2024 · €-435k
2018: €-1.80M
2019: €-1.96M
2020: €-1.91M
2021: €-1.64M
2022: €518k
2023: €-458k
2024: €-435k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€467k-€949k▲ 103%€1.46M▲ 53.7%€1.45M
Equity€2.49M-€4.68M▲ 87.7%€3.74M▼ 20.1%€3.80M▲ 1.6%€3.85M▲ 1.4%
Operating result€426k-€799k▲ 87.7%€1.41M▲ 76.8%€1.41M▼ 0.1%€1.40M▼ 0.8%
Net result€308k-€3.68M▲ 1,095%€1.06M▼ 71.2%€1.06M=€1.05M▼ 0.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.89M
Fixed assets
€4.23M ▼ 0.9%
Current assets
€658k ▲ 2.1%
Equity and liabilities €4.89M
Equity
€3.85M ▲ 1.4%
Debt
€1.04M ▼ 7.1%
Debt's share of the balance-sheet total falls from 22.7% to 21.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.44M▼
2024 · €1.45M
Cash flow
€1.09M▼
2024 · €1.10M
Current ratio
0.63▲
2024 · 0.60
Debt to equity
0.27▼
2024 · 0.29
ROE
27.4%▼
2024 · 27.9%
ROA
21.6%▼
2024 · 21.6%
Interest coverage
779.62▲
2024 · 562.33
Debt ≤ 1 year
€1.04M▼
2024 · €1.08M
Income taxes
€352k▼
2024 · €353k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.92M€4.89M▼
Fixed assets21/28€4.27M€4.23M▼
Tangible fixed assets22/27€4.23M€4.20M▼
Land and buildings22€4.23M€4.20M▼
Financial fixed assets28€36k€36k=
Current assets29/58€645k€658k▲
Amounts receivable within one year40/41€18k€800▼
Trade receivables40-€800
Other amounts receivable41€18k-
Current investments50/53€500k-
Cash at bank and in hand54/58€127k€658k▲
Equity and liabilities
Total equity and liabilities10/49€4.92M€4.89M▼
Equity10/15€3.80M€3.85M▲
Contributions10/11€70k€70k=
Capital10€70k€70k=
Issued capital100€70k€70k=
Reserves13€645k€645k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€105k-
Distributable reserves133€532k€638k▲
Profit (loss) carried forward14€3.08M€3.14M▲
Amounts payable17/49€1.12M€1.04M▼
Amounts payable after more than one year17€38k-
Financial debts170/4€38k-
Amounts payable within one year42/48€1.08M€1.04M▼
Current portion of amounts payable after more than one year42€76k€38k▼
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€1.00M€1.00M=
Income statement
Code20242025
Turnover70-€1.45M
Goods, raw materials, services and sundry goods60/61-€490
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€39k=
Other operating charges640/8€3k€5k▲
Gross operating margin9900€1.45M€1.45M▼
Operating profit (loss)9901€1.41M€1.40M▼
Financial income75/76B€4k€7k▲
Recurring financial income75€4k€7k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€1.41M€1.41M▼
Income taxes67/77€353k€352k▼
Profit (loss) for the period9904€1.06M€1.05M▼
Transfer from tax-exempt reserves789-€105k
Profit (loss) for the period to be appropriated9905€1.06M€1.16M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.08M€4.24M▲
Profit (loss) brought forward from the previous period14P€3.02M€3.08M▲
Transfer to equity691/2-€105k
To other reserves6921-€105k
Profit to be distributed694/7€1.00M€1.00M=
Return on contributions (dividend)694€1.00M€1.00M=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €3.68M ▲1095%
Net result €3.68M, the highest in the series.
31-12
Financial
Liquidity times 22current ratio 7.93
Current ratio from 0.36 to 7.93; short-term debt falls from €2.58M to €75k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €2MEq €2.18M ▲14.4%
3 profitable years in a row build equity to €2.18M.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €252k ▼67.5%
Net result drops to €252k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 2005
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.
Koningsstraat 1001000 BrusselGround area
1,099 m²
Building footprint
1,066 m²
Volume, LiDAR
25,759 m³
Parcel 21803C1147/00M000, Brussels · tallest building 28.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
PACRINA
since 20052.148.237.818
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C1147/00M000 | Brussels | 1,099 m² | 1 · 1,066 m² | 28.8 m · 8 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300I2ZNZJFHL5XW85
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-07-2005
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.