PAGGERSVELD
ActivePAGGERSVELD has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €21k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 30% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+47
Solvency59▼-27
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 2.5 in 2024), and 66.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.4%
Return on assets
6.9%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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 filingsDeviation from the deadline
2025
4 d late
2024
7 d early
2023
21 d early
2022
799 d late
2021
22 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€102k▼ 25.4%
2024 · €137k
2018: €145k
2019: €153k
2020: €131k
2021: €154k
2022: €141k
2023: €147k
2024: €137k
2018 → 2025
Total assets
€306k▼ 5.9%
2024 · €325k
2018: €389k
2019: €387k
2020: €510k
2021: €450k
2022: €407k
2023: €365k
2024: €325k
2018 → 2025
Net result
€21k▲ 46.1%
2024 · €14k
2018: €16k
2019: €25k
2020: €31k
2021: €23k
2022: €2k
2023: €18k
2024: €14k
2018 → 2025
Working capital
€28k▼ 59.3%
2024 · €69k
2018: €51k
2019: €63k
2020: €78k
2021: €58k
2022: €60k
2023: €77k
2024: €69k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€154k-€141k▼ 8.2%€147k▲ 3.7%€137k▼ 6.5%€102k▼ 25.4%
Operating result€34k-€8k▼ 76.3%€33k▲ 313%€28k▼ 16.5%€38k▲ 36.4%
Net result€23k-€2k▼ 91.3%€18k▲ 773%€14k▼ 17.6%€21k▲ 46.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 36% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €306k
Fixed assets
€187k▼ 11.2%
Current assets
€119k▲ 4.0%
Equity and liabilities €306k
Equity
€102k▼ 25.4%
Debt
€204k▲ 8.3%
The debt ratio rises from 57.9% to 66.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€85k▲
2024 · €72k
Cash flow
€68k▲
2024 · €59k
Solvency
33.4%▼
2024 · 42.1%
Current ratio
1.31▼
2024 · 2.50
Quick ratio
1.31▼
2024 · 2.50
Debt / equity
2.00▲
2024 · 1.38
ROE
20.6%▲
2024 · 10.5%
ROA
6.9%▲
2024 · 4.4%
Interest coverage
11.34▲
2024 · 9.53
Debt
€204k▲
2024 · €188k
Debt ≤ 1 year
€91k▲
2024 · €46k
Debt > 1 year
€113k▼
2024 · €142k
Income taxes
€10k▲
2024 · €8k
Staff costs
€9k▼
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€325k€306k▼
Fixed assets21/28€211k€187k▼
Tangible fixed assets22/27€200k€176k▼
Land and buildings22€144k€116k▼
Plant, machinery and equipment23€28k€22k▼
Furniture and vehicles24€28k€38k▲
Financial fixed assets28€11k€11k=
Current assets29/58€115k€119k▲
Amounts receivable after more than one year29€12k-
Other amounts receivable291€12k-
Amounts receivable within one year40/41€21k€24k▲
Trade receivables40€21k€24k▲
Cash at bank and in hand54/58€79k€94k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€325k€306k▼
Equity10/15€137k€102k▼
Contributions10/11€6k€6k=
Reserves13€131k€96k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€129k€96k▼
Amounts payable17/49€188k€204k▲
Amounts payable after more than one year17€142k€113k▼
Financial debts170/4€142k€113k▼
Amounts payable within one year42/48€46k€91k▲
Current portion of amounts payable after more than one year42€33k€36k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€10k€15k▲
Taxes450/3€9k€14k▲
Remuneration and social security454/9€1k€1k▼
Other amounts payable47/48-€36k
Income statement
Code20242025
Remuneration, social security and pensions62€10k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€47k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€86k€98k▲
Operating profit (loss)9901€28k€38k▲
Financial income75/76B€2k€962▼
Recurring financial income75€2k€962▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€22k€32k▲
Income taxes67/77€8k€10k▲
Profit (loss) for the period9904€14k€21k▲
Profit (loss) for the period to be appropriated9905€14k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€21k▲
Transfer from equity791/2€24k€56k▲
Transfer to equity691/2€14k€21k▲
To other reserves6921€14k€21k▲
Profit to be distributed694/7€24k€56k▲
Return on contributions (dividend)694€24k€56k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 799 days late
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
31-12
Financial
Weakest financial yearnet €2k ▼91.3%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Equity above €150kEq €154k ▲17.5%
4 profitable years in a row build equity to €154k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €31k ▲24.5%
Operating result €43k, net result €31k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Equity above €150kEq €153k ▲5%
2 profitable years in a row build equity to €153k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Peer · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Schansstraat 213990 PeerGround area
2,104 m²
Building footprint
286 m²
Volume, LiDAR
1,492 m³
Parcel 72019B0400/00L000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Schansstraat 21, 3990 Peer
since 20082.231.525.976
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72019B0400/00L000 | Flanders | 2,104 m² | 1 · 285 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,783 EUR awarded · 1,783 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 89 EUR | 89 EUR |
| 2023 | 1 | 959 EUR | 959 EUR |
| 2022 | 1 | 735 EUR | 735 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 15,504 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2008
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:cindy.winter@tandarts.be
Phone:011/824247