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Pagimmo

Active
Private limited companyfounded 20188 yrs activeBredabaan 499, 2930 Brasschaat, BelgiumKBO/BCE: BE 0701.767.680
Summary

The computed 12-month bankruptcy probability of Pagimmo is 2.7% (moderate). The 2025 annual accounts show negative equity (-€2,204) and a net result of -€135. Equity is shrinking by ~33.6% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability22▲+22
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€2,204
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 04-05-2026, 88 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
88 d early
2024
5 d late
2023
20 d late
2022
40 d early
2021
59 d late
2020
24 d late
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 1 day 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.
Companies Code · seven months
Position in the running window
27-09-2026 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

History

On 27 August 2018, Pagimmo was incorporated.1 In 2026 the registered office moved to Brasschaat.2 Total assets went from EUR 260,375 in 2019 to EUR 2,191 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 26-08-2026
  3. 3National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€2,204▼ 6.5%
2024 · -€2,069
Total assets
€2,191▼ 3.6%
2024 · €2,274
Net result
-€135▲ 97.7%
2024 · -€5,871
Working capital
-€2,204▼ 6.5%
2024 · -€2,069
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€781▼ 1.3%-€1,729▼ 121%-€1,768▼ 2.2%-€5,705▼ 223%-€97▲ 98.3%
Net result-€937▼ 12.7%-€1,882▼ 101%-€1,921▼ 2.1%-€5,871▼ 206%-€135▲ 97.7%
Equity€7,606▼ 11.0%€5,724▼ 24.7%€3,803▼ 33.6%-€2,069-€2,204▼ 6.5%
Total assets€57,791▼ 93.9%€40,055▼ 30.7%€9,053▼ 77.4%€2,274▼ 74.9%€2,191▼ 3.6%
Debt€50,185▼ 94.7%€34,331▼ 31.6%€5,250▼ 84.7%€4,342▼ 17.3%€4,395▲ 1.2%
Working capital€7,606▼ 6.6%€5,724▼ 24.7%€3,803▼ 33.6%-€2,069-€2,204▼ 6.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2021 Total assets -94% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2021: -€781-€781Net result 2021: -€937-€937Operating result 2022: -€1,729-€1,729Net result 2022: -€1,882-€1,882Operating result 2023: -€1,768-€1,768Net result 2023: -€1,921-€1,921Operating result 2024: -€5,705-€5,705Net result 2024: -€5,871-€5,871Operating result 2025: -€97-€97Net result 2025: -€135-€13520212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€1,768-€1,770Net result 2023: -€1,921-€1,920Operating result 2024: -€5,705-€5,710Net result 2024: -€5,871-€5,870Operating result 2025: -€97-€97Net result 2025: -€135-€135202320242025
The operating result stays negative: a loss of €97 in 2025 against €5,705 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€4,395▲
2024 · €4,342
Ratios withheld: a balance sheet total of €2,191 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,570 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss
4.6% went bankrupt
5.6% stopped otherwise
88% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 1,570 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,274€2,191▼
Current assets29/58€2,274€2,191▼
Amounts receivable within one year40/41€306€306=
Other amounts receivable41€306€306=
Cash at bank and in hand54/58€1,968€1,885▼
Equity and liabilities
Total equity and liabilities10/49€2,274€2,191▼
Equity10/15-€2,069-€2,204▼
Contributions10/11€12,400€12,400=
Profit (loss) carried forward14-€14,469-€14,604▼
Amounts payable17/49€4,342€4,395▲
Amounts payable within one year42/48€4,342€4,395▲
Trade debts44€11€64▲
Suppliers440/4€11€64▲
Other amounts payable47/48€4,331€4,331=
Income statement Code20242025
Other operating charges640/8€1,856-
Gross operating margin9900-€3,849-€97▲
Operating profit (loss)9901-€5,705-€97▲
Financial charges65/66B€166€38▼
Recurring financial charges65€166€38▼
Profit (loss) for the period before taxes9903-€5,871-€135▲
Profit (loss) for the period9904-€5,871-€135▲
Profit (loss) for the period to be appropriated9905-€5,871-€135▲
Appropriation of the result
Profit (loss) to be appropriated9906-€14,469-€14,604▼
Profit (loss) brought forward from the previous period14P-€8,597-€14,469▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€101€102€109€1,856--
Gross operating margin9900-€680-€1,627-€1,659-€3,849-€97▲ 97.5%
Operating profit (loss)9901-€781-€1,729-€1,768-€5,705-€97▲ 98.3%
Financial charges65/66B€157€153€153€166€38▼ 77.0%
Recurring financial charges65€157€153€153€166€38▼ 77.0%
Profit (loss) for the period before taxes9903-€937-€1,882-€1,921-€5,871-€135▲ 97.7%
Profit (loss) for the period9904-€937-€1,882-€1,921-€5,871-€135▲ 97.7%
Profit (loss) for the period to be appropriated9905-€937-€1,882-€1,921-€5,871-€135▲ 97.7%
Line20212022202320242025Change
Assets
Total assets20/58€57,791€40,055€9,053€2,274€2,191▼ 3.6%
Current assets29/58€57,791€40,055€9,053€2,274€2,191▼ 3.6%
Amounts receivable within one year40/41€50,113€8,122€1,464€306€306=
Trade receivables40--€1,021---
Other amounts receivable41€50,113€8,122€443€306€306=
Cash at bank and in hand54/58€7,678€31,933€7,589€1,968€1,885▼ 4.2%
Equity and liabilities
Total equity and liabilities10/49€57,791€40,055€9,053€2,274€2,191▼ 3.6%
Equity10/15€7,606€5,724€3,803-€2,069-€2,204▼ 6.5%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Profit (loss) carried forward14-€4,794-€6,676-€8,597-€14,469-€14,604▼ 0.9%
Amounts payable17/49€50,185€34,331€5,250€4,342€4,395▲ 1.2%
Amounts payable within one year42/48€50,185€34,331€5,250€4,342€4,395▲ 1.2%
Trade debts44--€919€11€64▲ 491%
Suppliers440/4--€919€11€64▲ 491%
Other amounts payable47/48€50,185€34,331€4,331€4,331€4,331=
Line20212022202320242025Change
Profit (loss) for the period9904-€937-€1,882-€1,921-€5,871-€135▲ 97.7%
Operating cash flow (approximation)-€937-€1,882-€1,921-€5,871-€135▲ 97.7%
Change in cash-€24,255-€24,344-€5,621-€82▲ 98.5%

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 · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, bijzondere algemene vergadering
  • Registered-office move, Bredabaan 499 2930 Brasschaat
21-05
State Gazette act Restructuring
Merger · Accounting effect · Registered-office move12 facts ▸
  • Board meeting, 17-04-2026
  • Merger, fusie door overneming gelijkgestelde verrichting
  • Accounting effect, 01-04-2026
  • Registered-office move, 2000 Antwerpen, Leopoldstraat 33 bus 6
  • Net-asset statement, 31-03-2026
  • Share conversion, De aandelen van de over te nemen vennootschap zijn reeds alle in het bezit van de overnemende vennootschap en worden omgezet in actief en passief vermogen van d…
  • Tax treatment, belastingneutraal bij toepassing van artikel 211 WIB 1992 en artikel 11 en 18, paragraaf 3 van het BTW-Wetboek
  • Capital structure, 100
  • Capital structure, 100
  • Legal effective date, vanaf de datum van de overeenstemmende fusiebesluiten door de respectievelijke buitengewone algemene vergadering van Pagimmo BV en Groundzero BV
  • Property declaration, geen eigenaar van onroerend goed; geen huurder van gebouwen of terreinen
  • Cost allocation, 100%
04-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
05-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial Weakest financial yearnet -€5,871
Net result drops to -€5,871, the lowest in the series; recovery starts the following year.
20-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
21-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
330 m²
Building footprint
91 m²
Parcel 11324D0159/00B005, Flanders. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Pagimmo
Bredabaan 499, 2930 BrasschaatReal estate development
since 20182.281.342.307
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11324D0159/00B005 Flanders 330 m² 1 · 91 m² -
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.

Structure & network

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
Taken over by:Groundzero
BE 0701.766.987operation treated as a merger by absorption · proposal · State Gazette act of 21-05-2026

Identification & contact

Identification
Legal formPrivate limited company
Founded27-08-2018
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0701767680
Also 9925:BE0701767680

Register as of 27 September 2026 · Peppol Directory

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