Subsidiaries and holdings
- Chéoux Invest100%
From the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette
PAGADRICUM is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.0m and a net result of €1,320, of which €138,539 non-recurring income. Equity has been growing by about 6.6% per year since 2018. Its solvency ranks better than 34% of 6,687 sector peers (NACE 64, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
These companies have the same main activity as PAGADRICUM: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €2.2m and €4.4m, founded between 2004 and 2009.
| Company | Total assets | Gross margin |
|---|---|---|
| PAGADRICUM Hotton | €3.1m | €0.2m |
| MAVACO Kortrijk | €2.9m | €0.3m |
| IMCM Schilde | €2.4m | €0.2m |
| CEES ZEVENBERGEN BEHEER Essen | €3.7m | €0.2m |
| CLOET BART COÖRDINATIE Ledegem | €4.4m | €0.3m |
| LUGOE Kruisem | €2.8m | €0.2m |
| HIEL-VAN GORP Bornem | €2.2m | €0.2m |
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