PADECO

Active

Private limited companyfounded 201016 yrs activeMeersstraat 59, 9620 Zottegem, BelgiumKBO/BCE: BE 0822.116.966

Summary

The annual accounts of PADECO for fiscal year 2025 show a net loss of 87% of the equity at the start of that year. The 2025 annual accounts show equity of €11,281 and a net result of -€78,218. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisWatch Report Compare

PADECOActiveChecked score 40/100

Risk analysis Report Compare

What they do

Activity not known1 site

How big

€429,604total assets 2025

Equity: €11,281
Loss: -€78,218

Turnover not published (abridged schema)

Financially healthy?

40 Weak Checked score 2025

Bankruptcy chance 12 m: 1.2%

Who decides

Accounts 23 d early0 of 4 deeds read

Why 40- No NACE activity registered- Annual accounts: weaker financial profile- Persistent losses+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2025

40 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-8

Solvency28▼-15

Growth52=

Track record100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit 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 tight (current ratio 1.15 against 3.31 in 2024; short-term debt: 9% and cash: 10.1% of total assets), and 97.4% 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

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

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

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 2025

Solvency, return and age of the figures

Solvency

2.6%

Return on assets

-18.2%

Age of the figures

9 mo

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€78,218

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

23 d early

2024

7 d early

2023

22 d late

2022

28 d early

2021

100 d early

2020

30 d early

2019

28 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

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. Usually files around 8 July (4 of the last 5 filed years within 46 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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