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Complete company report
Generated 14-08-2026
Active BE 0696.949.354Private limited company (pre-2019)

PADIM

· 8 yrs active
Conclusion Checked

The KBO register records legal situation 050 for PADIM (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €26k and a net result of €11k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €26k
Net result €11k
Active 8 yrs
Board 2
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health18Profitability48Solvency13Growth78Stability0
31 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 18
Profitability 48
Solvency 13
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
0 / 100
Low riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Trust signals 1 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2020 · computed
18 / 100 Critical
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2020 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 13-04-2022 with the NBB · fiscal year 2020 · volledig
€0€250k€500k€750k€1.00MOperating result 2019: €13k€13kNet result 2019: €9k€9kRevenue 2020: €923k€923kOperating result 2020: €15k€15kNet result 2020: €11k€11k20192020
RevenueOperating resultNet result
Revenue
€923k
- 19-20
EBITDA
€24k
+16.1% 19-20
Net profit
€11k
+17.7% 19-20
Cash flow
€20k
+16.7% 19-20
Total assets
€1.05M
+111.6% 19-20
Equity
€26k
+69.6% 19-20
Working capital
€803
- 19-20
Staff costs
€5k
- 19-20
Income taxes
€4k
+12.6% 19-20
Debt
€1.02M
+112.9% 19-20
Debt ≤ 1y
€1.02M
+112.9% 19-20
Current ratio
1.00
+0.2% 19-20
Quick ratio
1.00
+0.2% 19-20
Solvency
2.5%
-19.9% 19-20
Debt / equity
39.74
- 19-20
ROE
41.0%
-30.6% 19-20
ROA
1.0%
-44.4% 19-20
Net margin
1.1%
- 19-20
EBITDA margin
2.6%
- 19-20
Interest coverage
106.70
- 19-20
Figures by fiscal year
Fiscal year2020
Depositvolledig
Revenue€923k
EBITDA€24k
Net profit€11k
Cash flow€20k
Staff costs€5k
Income taxes€4k
Dividends-
Total assets€1.05M
Equity€26k
Debt€1.02M
of which ≤ 1y€1.02M
of which > 1y-
Working capital€803
Employees (FTE)-
Ratios (computed)
2020
Current ratio1.00
Quick ratio1.00
Working capital ratio0.1%
Solvency2.5%
Debt / equity39.74
Long-term debt ratio-
Interest coverage106.70
Gross margin3.2%
Net margin1.1%
ROA1.0%
ROE41.0%
EBITDA margin2.6%
Days sales outstanding364d
Days payable outstanding414d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€1.05M
Fixed assets 21/28€25k
Tangible fixed assets 22/27€25k
Current assets 29/58€1.02M
Amounts receivable within one year 40/41€1.02M
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.05M
Equity 10/15€26k
Contributions / capital 10/11€6k
Reserves 13€2k
Accumulated profits (losses) 14€18k
Amounts payable 17/49€1.02M
Amounts payable within one year 42/48€1.02M
Trade debts payable within one year 44€1.01M
Income statement
Turnover 70€923k
Gross operating margin 9900€30k
Operating result 9901€15k
Financial income 75€52
Financial charges 65€224
Result before taxes 9903€15k
Income taxes 67/77€4k
Net result for the period 9904€11k
Result to be appropriated 9905€11k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • Pavel Nicolae
    Associe actif
    State Gazette act 22068692 (09-06-2022)
    Current
    31-03-2022 → present
    2 events
    • 31-03-2022 Resigned· Manager
    • 31-03-2022 Appointed· Associe actif
  • Puiul Nicolae
    Manager
    State Gazette act 22068692 (09-06-2022)
    Current
    31-03-2022 → present
Former directors (1)
  • Tomsa Constantin
    Manager
    State Gazette act 22068692 (09-06-2022)
    Former
    - → 31-03-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation31-05-2018
StatusActive
Postal code-
Establishment units 1 location
PADIM
Zagen en schaven van hout
since 20182.280.311.533
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21464D0160/00Y005 Brussels 220 m² 1 · 91 m² 13.7 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022
01-12-2022
State Gazette act Capital & shares
09-06-2022
State Gazette act Capital & shares
13-04-2022
NBB filing Annual accounts filed
fiscal year 2020 · volledig
31-01-2022
State Gazette act Capital & shares
2021
04-11-2021
NBB filing Annual accounts filed
fiscal year 2019 · micro
Belgisch Staatsblad, acts 3 acts
Capital history · 3
01-12-2022
Capital change
09-06-2022
Capital change
31-01-2022
Capital change
All acts · 3 updated 3 years ago
2022
01-12-2022 All shares are now held by a single shareholder Capital & shares
Technical details 
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09-06-2022 Transaction in capital or shares Capital & shares
Technical details 
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  "act_meta": {
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  "bedrijfsrevisor": null,
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    "is_foreign_registered": false
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31-01-2022 Transaction in capital or shares Capital & shares
Technical details 
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  "notary": {
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  },
  "act_meta": {
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  "decision": {
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}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR PADIM
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative