Equity
€588,802 from €1.2m in 2008
Equity fell by 53% in 17 years.
PAGERA
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €175,539 (2024)
€39,426▼ 77.5%
lowest -€76,403 (2022)
€3,346▲ €61,518
peak €1.2m (2008)
€588,802▲ 0.6%
€133,252▼ 44.9%
Board4 names since 2019
3 directors and 2 others
Documentsfilings and deeds
18-06-202643 days before the deadline
2025micro format
Gross margin from €175,539 to €39,426Back to profit: €3,346Debts from €241,729 to €133,252Cash from €327,782 to €211,990
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as PAGERA has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,768 companies, not a prediction for PAGERA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
3 directors appointed, 3 resignations
Resignations: (managing director), and · Appointments: , and · Director discharge: · General meeting of 04-10-2023 · Gazette deed
3 directors reappointed
(managing director), (managing director) and · General meeting of 29-05-2019 · Gazette deed
First establishment
Merkemveldweg 18, Zedelgem
Incorporation
published on 10-10-1989 · Gazette deed
Official details
Source: KBO- Status
- Active since 12-09-1989Normal situation
- Activity
- “Het verstrekken van advies over het opbouwen van verkoop-en productiestructuren en tevens het verstrekken…” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.130.245.1108210 Zedelgem, since 15-05-2003
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- ≈ €160,000estimated
- €722,054▼ 12.7%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on PAGERA
PAGERA files the micro format. That format states no turnover. The gross margin fell from €95,638 in 2006 to €39,426 in 2025.
The balance sheet grew most from 2007 to 2008 through fixed assets.
In October 2023, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PAGERA
- What is the company number of PAGERA?
- The company number of PAGERA is 0438.383.085. The VAT number is the same number with BE in front: BE 0438.383.085.
- Where is PAGERA based?
- The registered office is at Merkemveldweg 18, 8210 Zedelgem.Company details
- What is the legal form of PAGERA?
- PAGERA is a public limited company (NV).
- When was PAGERA founded?
- PAGERA was founded on 12-09-1989.
- Is PAGERA still active?
- Yes, PAGERA is an active enterprise in the KBO register.
- What is the turnover of PAGERA?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €39,426 and 3,276 comparable companies of the same size. It probably lies between €93,000 and €280,000. It is a rough estimate.Financials
- Is PAGERA profitable?
- In financial year 2025, PAGERA made a profit of €3,346.
- Where can I find the annual accounts of PAGERA?
- PAGERA filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAGERA due?
- PAGERA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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