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PAGE IMMO

Active
Private limited company (pre-2019)founded 201312 yrs activeVan Eyckstraat 12, 1000 Brussel, BelgiumKBO/BCE: BE 0541.648.295
Summary

The computed 12-month bankruptcy probability of PAGE IMMO is 2.0% (moderate). The 2025 annual accounts show equity of €233,654 and a net result of -€2,946. Equity is shrinking by ~3.1% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Activity not known1 site
How big
€378,515total assets 2025
Equity
€233,654
Loss
-€2,946
Turnover not published (abridged schema)
Financially healthy?
65 Healthy Checked score 2025
Bankruptcy chance 12 m
2.0%
Who decides
Accounts filed 55 d late0 of 2 deeds read
Why 65- No NACE activity registered- Higher-failure-rate region+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability68▲+2
Solvency87▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 4.99 against 1.62 in 2024; short-term debt: 1.4% and cash: 0.2% of total assets), and 38.3% 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

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · 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
highest failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
55 d late
2024
54 d late
2023
49 d early
2022
120 d late
2021
2 d late
2020
38 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 40 days after 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)
neutral · 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 23 September (4 of the last 5 filed years within 66 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Liquidity triplescurrent ratio 4.99
  3. Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2025Total assets €378,515Loss -€2,946Solvency 61.7%Liquidity 4.99
Total assets
€378,515▲ 0.2%
2018 - 2025
Net result
-€2,946▲ 57.2%
2018 - 2025
Equity
€233,654▼ 1.2%
2018 - 2025
Solvency
61.7%▼ 0.9pp
2018 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years8 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€7,599▲ 8.3%-€9,900▼ 30.3%-€8,261▲ 16.6%-€6,835▲ 17.3%-€2,900▲ 57.6%
Net result-€7,613▲ 8.3%-€9,935▼ 30.5%-€8,308▲ 16.4%-€6,877▲ 17.2%-€2,946▲ 57.2%
Equity€261,721▼ 2.8%€251,786▼ 3.8%€243,478▼ 3.3%€236,601▼ 2.8%€233,654▼ 1.2%
Total assets€519,552▲ 0.2%€514,139▼ 1.0%€507,873▼ 1.2%€377,784▼ 25.6%€378,515▲ 0.2%
Debt€257,832▲ 3.4%€262,353▲ 1.8%€264,395▲ 0.8%€141,183▼ 46.6%€144,861▲ 2.6%
Working capital€33,470▲ 24.6%€37,758▲ 12.8%€43,672▲ 15.7%€4,685▼ 89.3%€21,717▲ 364%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0Operating result 2021: -€7,599-€7,599Net result 2021: -€7,613-€7,613Operating result 2022: -€9,900-€9,900Net result 2022: -€9,935-€9,935Operating result 2023: -€8,261-€8,261Net result 2023: -€8,308-€8,308Operating result 2024: -€6,835-€6,835Net result 2024: -€6,877-€6,877Operating result 2025: -€2,900-€2,900Net result 2025: -€2,946-€2,94620212022202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€8,261-€8,260Net result 2023: -€8,308-€8,310Operating result 2024: -€6,835-€6,830Net result 2024: -€6,877-€6,880Operating result 2025: -€2,900-€2,900Net result 2025: -€2,946-€2,950202320242025
The operating result stays negative: a loss of €2,900 in 2025 against €6,835 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €378,515
Fixed assets €351,361 ▼ 3.9%
Current assets €27,154 ▲ 123%
Equity and liabilities €378,515
Equity €233,654 ▼ 1.2%
Debt €144,861 ▲ 2.6%
Debt's share of the balance-sheet total rises from 37.4% to 38.3%. Equity is lower and debt is higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,322▲
2024 · €7,388
Cash flow
€11,276▲
2024 · €7,345
Current ratio
4.99▲
2024 · 1.62
Debt to equity
0.62▲
2024 · 0.60
ROE
-1.3%▲
2024 · -2.9%
ROA
-0.8%▲
2024 · -1.8%
Interest coverage
246.08▲
2024 · 173.99
Debt ≤ 1 year
€5,438▼
2024 · €7,515
Debt > 1 year
€139,423▲
2024 · €133,668
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.9% stopped otherwise
91% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€377,784€378,515▲
Fixed assets21/28€365,583€351,361▼
Tangible fixed assets22/27€365,583€351,361▼
Land and buildings22€365,583€351,361▼
Current assets29/58€12,200€27,154▲
Cash at bank and in hand54/58€800€754▼
Deferred charges and accrued income490/1€11,400€26,400▲
Equity and liabilities
Total equity and liabilities10/49€377,784€378,515▲
Equity10/15€236,601€233,654▼
Contributions10/11€365,000€365,000=
Profit (loss) carried forward14-€128,399-€131,346▼
Amounts payable17/49€141,183€144,861▲
Amounts payable after more than one year17€133,668€139,423▲
Financial debts170/4€133,668€139,423▲
Amounts payable within one year42/48€7,515€5,438▼
Trade debts44€7,399€5,322▼
Suppliers440/4€7,399€5,322▼
Other amounts payable47/48€116€116=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,223€14,223=
Other operating charges640/8€2,216€408▼
Gross operating margin9900€9,604€11,731▲
Operating profit (loss)9901-€6,835-€2,900▲
Financial charges65/66B€42€46▲
Recurring financial charges65€42€46▲
Profit (loss) for the period before taxes9903-€6,877-€2,946▲
Profit (loss) for the period9904-€6,877-€2,946▲
Profit (loss) for the period to be appropriated9905-€6,877-€2,946▲
Appropriation of the result
Profit (loss) to be appropriated9906-€128,399-€131,346▼
Profit (loss) brought forward from the previous period14P-€121,522-€128,399▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,223€14,223€14,223€14,223€14,223=
Other operating charges640/8€1,809€1,835€2,216€2,216€408▼ 81.6%
Gross operating margin9900€8,433€6,158€8,178€9,604€11,731▲ 22.1%
Operating profit (loss)9901-€7,599-€9,900-€8,261-€6,835-€2,900▲ 57.6%
Financial charges65/66B€14€35€47€42€46▲ 8.4%
Recurring financial charges65€14€35€47€42€46▲ 8.4%
Profit (loss) for the period before taxes9903-€7,613-€9,935-€8,308-€6,877-€2,946▲ 57.2%
Profit (loss) for the period9904-€7,613-€9,935-€8,308-€6,877-€2,946▲ 57.2%
Profit (loss) for the period to be appropriated9905-€7,613-€9,935-€8,308-€6,877-€2,946▲ 57.2%
Line20212022202320242025Change
Assets
Total assets20/58€519,552€514,139€507,873€377,784€378,515▲ 0.2%
Fixed assets21/28€408,251€394,029€379,806€365,583€351,361▼ 3.9%
Tangible fixed assets22/27€408,251€394,029€379,806€365,583€351,361▼ 3.9%
Land and buildings22€408,251€394,029€379,806€365,583€351,361▼ 3.9%
Current assets29/58€111,301€120,110€128,067€12,200€27,154▲ 123%
Cash at bank and in hand54/58€51€960€717€800€754▼ 5.7%
Deferred charges and accrued income490/1€111,250€119,150€127,350€11,400€26,400▲ 132%
Equity and liabilities
Total equity and liabilities10/49€519,552€514,139€507,873€377,784€378,515▲ 0.2%
Equity10/15€261,721€251,786€243,478€236,601€233,654▼ 1.2%
Contributions10/11€365,000€365,000€365,000€365,000€365,000=
Profit (loss) carried forward14-€103,279-€113,214-€121,522-€128,399-€131,346▼ 2.3%
Amounts payable17/49€257,832€262,353€264,395€141,183€144,861▲ 2.6%
Amounts payable after more than one year17€180,000€180,000€180,000€133,668€139,423▲ 4.3%
Financial debts170/4€180,000€180,000€180,000€133,668€139,423▲ 4.3%
Amounts payable within one year42/48€77,832€82,353€84,395€7,515€5,438▼ 27.6%
Trade debts44€1,300€2,321€4,363€7,399€5,322▼ 28.1%
Suppliers440/4€1,300€2,321€4,363€7,399€5,322▼ 28.1%
Other amounts payable47/48€76,532€80,032€80,032€116€116=
Line20212022202320242025Change
Profit (loss) for the period9904-€7,613-€9,935-€8,308-€6,877-€2,946▲ 57.2%
+ Depreciation and write-downs630€14,223€14,223€14,223€14,223€14,223=
Operating cash flow (approximation)€6,610€4,288€5,915€7,345€11,276▲ 53.5%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€909-€243€83-€46▼ 155%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline

12 eventsLatest 24-09-2026Next filing 31-07-2027

History

On 5 November 2013, PAGE IMMO was incorporated.1 Total assets went from €517,278 in 2018 to €378,515 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 55 days late
2025
31-12
Financial Liquidity triplescurrent ratio 4.99
Current ratio from 1.62 to 4.99; short-term debt falls from €7,515 to €5,438.
23-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
12-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
31-12
Financial Weakest financial yearnet -€9,935
Net result drops to -€9,935, the lowest in the series; recovery starts the following year.
02-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
07-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
20-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company (pre-2019) · founded 05-11-2013Year ends 31-12Peppol not found1 site

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded05-11-2013
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
220 m²
Building footprint
114 m²
Volume, LiDAR
1,061 m³
Parcel 21807G0208/00D003, Brussels · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
PAGE IMMO
Van Eyckstraat 12, 1000 BrusselReal estate activities
since 2013unit no. 2.223.581.181
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0208/00D003 Brussels 220 m² 1 · 113 m² 17.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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