Financials
- Financial year
- 2025
- Total assets
- €427,001
- Loss
- -€8,514
- Solvency
- 9.7%
PAGACO
ActiveSummary
PAGACO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,486 and a net result of -€8,514. Its solvency ranks better than 32% of 17,021 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€427,001total assets 2025
- Equity
- €41,486
- Loss
- -€8,514
Turnover not published (micro format)
Structure
- DNG HOLDINGDirector · permanent representative DENONCIN Gaël
- LAMBERT PatrickDirector
2025 accounts 1 day early
Why 87raises riskFounded in 2024Equity €41,486 (9.7% of total assets)lowers riskSector: Real estate activities (NACE 68)Size: total assets €427,001Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 41% of its sector peers (NACE 68, micro)
Financial strength
Weak
Solvency
35
equity 9.7% of total assets
Liquidity
54
short-term debt 30.5% · cash 13.6%
Profitability
33
return on assets -2.0%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 0.6%
12-2025: 0.7%▲ +0.1 percentage points vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.8%▲ +0.1 percentage points vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.9%▲ +0.1 percentage points vs 04-2026
06-2026: 1.0%▲ +0.1 percentage points vs 05-2026highest value
07-2026: 0.9%▼ -0.1 percentage points vs 06-2026
08-2026: 0.2%▼ -0.7 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity ample (current ratio 3.28, above the usual 1.5; short-term debt: 30.5% and cash: 13.6% of total assets), but 90.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 31% on solvency, 64% on liquidity and 28% on profitability.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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.
lowers riskraises riskneutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 day early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Capital & shares · Resignations &…Shareholding
- IncorporationAppointments: DNG HOLDING (director) and…
Key points
By topic
Board & ownership
- Board
- 2 members
- DNG HOLDINGDirector
- LAMBERT PatrickDirector
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 04-10-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 32
- Who signs
- Each director alone
- Purpose
- “L'achat, l'échange, la vente, la prise en location et en sous-location, ainsi que la…” (deed in French)
- Statutory auditor
- No statutory auditor
Key facts about PAGACO
- What is the company number of PAGACO?
- 1014.650.286. In Belgium the VAT number is the company number with BE in front: BE 1014.650.286.
- Where is PAGACO based?
- The registered office is at Waltzing, Val-Vert 16, 6700 Arlon.Company details
- What does PAGACO do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of PAGACO?
- Private limited company (BV).
- When was PAGACO founded?
- On 04-10-2024.
- Is PAGACO still active?
- Yes, PAGACO is an active enterprise in the KBO register.
- What is the turnover of PAGACO?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is PAGACO profitable?
- In financial year 2025, PAGACO made a loss of €8,514.
- Where can I find the annual accounts of PAGACO?
- PAGACO filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Companies related to PAGACO
Comparable companies
- SOFABLONDGenappe
- Appartementsbouw VangheelGeel
- STER ImmobiliënRoosdaal
- A.T.T. infraOudsbergen
- INVEST GARAGEManage
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark Roughly what is this company worth?Value indication
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.