Equity
-€194,333
Debts exceed assets in financial year 2025.
PADA
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2006peak €106,945 (2021)
€88,947▼ 12.9%
lowest -€128,403 (2020)
€20,120▼ 34.9%
peak -€17,600 (2007)
-€194,333▲ €20,120
€1.3m▼ 5.3%
Board2 names since 2005
-
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Gross margin from €102,156 to €88,947Result from €30,894 to €20,1201 director appointed, 1 resignation 30-05Cash from €2,240 to €4,309
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 519 companies had the same profile as PADA has now. Each dot stands for 2 companies, two years later.
91.7%
were still trading
3.9%
stopped another way
2.9%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 519 companies, not a prediction for PADA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
last known boardDirector, last mentioned in 2025
Director, until 2025
Recent changes
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · General meeting of 19-05-2025 · Gazette deed
Registered office moved to Opwijk
New registered office: Steenweg 205, 1745 Opwijk · Change of role: , from manager to director · Reappointment: (director) · General meeting of 27-06-2024 · Gazette deed
Incorporation
published on 30-03-2005 · Gazette deed
Official details
Source: KBO- Status
- Active since 21-03-2005Normal situation
- Activity
- “Het verwerven van participaties in eender welke vorm in bestaande of op te richten…” (deed in Dutch)From the articles, 15 activitiesNo NACE code in the KBO yet
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Insights on PADA
PADA files the micro format. That format states no turnover. The gross margin rose from €18,705 in 2007 to €88,947 in 2025.
The balance sheet grew most in 2020 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PADA
- What is the company number of PADA?
- The company number of PADA is 0872.638.427. The VAT number is the same number with BE in front: BE 0872.638.427.
- Where is PADA based?
- The registered office is at Steenweg 205, 1745 Opwijk.Company details
- What is the legal form of PADA?
- PADA is a private limited company (BV).
- When was PADA founded?
- PADA was founded on 21-03-2005.
- Is PADA still active?
- Yes, PADA is an active enterprise in the KBO register.
- What is the turnover of PADA?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €88,947 and 2,981 comparable companies of the same size. It probably lies between €170,000 and €460,000. It is a rough estimate.Financials
- Is PADA profitable?
- In financial year 2025, PADA made a profit of €20,120.
- Where can I find the annual accounts of PADA?
- PADA filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PADA due?
- PADA must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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