PADELCA
PADELCA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €1k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 3015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €171k |
| Net result | €1k |
| Better than sector | 45% |
| Active | 17 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 28.1% | 33.3% | |
| Net result | €1k | €7k | |
| Equity | €171k | €88k | |
| Gross operating margin | €60k | €48k | |
| Total assets | €606k | €337k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €56k | €73k | €51k | €53k | €38k |
| Net profit | €1k | €18k | €-3k | €12k | €16k |
| Cash flow | €42k | €57k | €44k | €46k | €47k |
| Staff costs | - | - | - | - | - |
| Income taxes | €1k | €5k | €211 | €1k | €0 |
| Dividends | - | - | - | - | - |
| Total assets | €606k | €628k | €686k | €720k | €646k |
| Equity | €171k | €169k | €151k | €154k | €142k |
| Debt | €436k | €459k | €535k | €566k | €504k |
| of which ≤ 1y | €155k | €153k | €139k | €117k | €80k |
| of which > 1y | €276k | €303k | €392k | €448k | €424k |
| Working capital | €-89k | €-86k | €-76k | €-64k | €-54k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.43 | 0.44 | 0.45 | 0.45 | 0.32 |
| Quick ratio | 0.43 | 0.44 | 0.45 | 0.45 | 0.32 |
| Working capital ratio | -14.7% | -13.7% | -11.2% | -8.9% | -8.4% |
| Solvency | 28.1% | 26.9% | 22.0% | 21.4% | 22.0% |
| Debt / equity | 2.55 | 2.71 | 3.54 | 3.68 | 2.99 |
| Long-term debt ratio | 1.61 | 1.79 | 2.59 | 2.91 | 2.99 |
| Interest coverage | 4.35 | 7.08 | 7.62 | 8.46 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 0.2% | 2.9% | -0.4% | 1.7% | 2.5% |
| ROE | 0.8% | 10.9% | -2.0% | 7.8% | 11.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €606k | €628k | €686k | €720k | €646k |
| Fixed assets | 21/28 | €540k | €561k | €623k | €667k | €620k |
| Tangible fixed assets | 22/27 | €540k | €561k | €623k | €667k | €620k |
| Current assets | 29/58 | €66k | €67k | €63k | €53k | €26k |
| Amounts receivable within one year | 40/41 | €35k | €28k | €24k | €28k | €18k |
| Cash & bank | 54/58 | €30k | €37k | €38k | €22k | €6k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €606k | €628k | €686k | €720k | €646k |
| Equity | 10/15 | €171k | €169k | €151k | €154k | €142k |
| Contributions / capital | 10/11 | €120k | €120k | €120k | €120k | - |
| Reserves | 13 | €38k | €36k | €18k | €18k | €6k |
| Accumulated profits (losses) | 14 | €13k | €13k | €13k | €16k | €16k |
| Amounts payable | 17/49 | €436k | €459k | €535k | €566k | €504k |
| Amounts payable after one year | 17 | €276k | €303k | €392k | €448k | €424k |
| Amounts payable within one year | 42/48 | €155k | €153k | €139k | €117k | €80k |
| Trade debts payable within one year | 44 | €5k | €2k | €3k | €2k | €285 |
| Income statement | ||||||
| Gross operating margin | 9900 | €60k | €75k | €54k | €56k | €41k |
| Operating result | 9901 | €15k | €34k | €4k | €20k | €8k |
| Financial income | 75 | €0 | €0 | - | - | - |
| Financial charges | 65 | €13k | €10k | €7k | €6k | €8k |
| Result before taxes | 9903 | €3k | €24k | €-3k | €13k | €-39 |
| Income taxes | 67/77 | €1k | €5k | €211 | €1k | €0 |
| Net result for the period | 9904 | €1k | €18k | €-3k | €12k | €-39 |
| Result to be appropriated | 9905 | €1k | €18k | €-3k | €12k | €-39 |
| NACE primary | Pig breeding farms(01461) |
| Legal form | Private limited company(610) |
| Incorporation | 08-04-2009 |
| Status | Active |
| Postal code | 8760 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37322D1569/00G002 | Flanders | 1,924 m² | 1 · 278 m² | 13.3 m · 3 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-03-2022 Registered office moved from Knokke-Heist to Meulebeke
- Ellzabetlaan 369, bus 7.1, 8300 Knokke-Heist → Gentstraat 218 8760 Meulebeke
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "combined",
"new_address": {
"raw": "Gentstraat 218\n8760 Meulebeke",
"city": "Meulebeke",
"region": "vlaams_gewest",
"street": "Gentstraat",
"country": "BE",
"postcode": "8760",
"box_number": null,
"street_number": "218",
"locality_suffix": null
},
"old_address": {
"raw": "Ellzabetlaan 369, bus 7.1, 8300 Knokke-Heist",
"city": "Knokke-Heist",
"region": "vlaams_gewest",
"street": "Ellzabetlaan",
"country": "BE",
"postcode": "8300",
"box_number": "7.1",
"street_number": "369",
"locality_suffix": null
},
"effective_date": "2021-11-13",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "beide",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-03-15",
"filing_date": "2022-03-07",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2022-03-07",
"unanimous": true
},
"subject_company": {
"kbo": "0811.185.957",
"name_full": "Padelca",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Chris Pauwels",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}| Legal nameNL | PADELCA |