PAGINO
Open bankruptcyA bankruptcy procedure is open for PAGINO according to publications in the Belgian State Gazette; curator: BENNY GOOSSENS. The 2020 annual accounts show negative equity (€-642k) and a net result of €-109k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2020, abbreviated schema
Equity
€-642k▼ 20.4%
2019 · €-534k
2019: €-534k
2019 → 2020
Total assets
€8.67M▲ 0.7%
2019 · €8.61M
2019: €8.61M
2019 → 2020
Net result
€-109k▼ 0.1%
2019 · €-109k
2019: €-109k
2019 → 2020
Working capital
€1.55M▲ 4.0%
2019 · €1.49M
2019: €1.49M
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€-534k-€-642k▼ 20.4%
Operating result€1k-€883▼ 14.1%
Net result€-109k-€-109k▼ 0.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 14% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €8.67M
Fixed assets
€7.03M=
Current assets
€1.64M▲ 3.7%
Key figures and ratios
Solvency
-7.4%▼
2019 · -6.2%
Current ratio
16.78▲
2019 · 16.18
Quick ratio
16.78▲
2019 · 16.18
Debt / equity
-13.04▲
2019 · -15.70
ROA
-1.3%▲
2019 · -1.3%
Debt
€9.32M▲
2019 · €9.15M
Debt ≤ 1 year
€98k=
2019 · €98k
Debt > 1 year
€8.38M=
2019 · €8.38M
Income taxes
€0=
2019 · €0
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€8.61M€8.67M▲
Fixed assets21/28€7.03M€7.03M=
Financial fixed assets28€7.03M€7.03M=
Current assets29/58€1.59M€1.64M▲
Amounts receivable within one year40/41€1.35M€1.35M=
Cash at bank and in hand54/58€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€8.61M€8.67M▲
Equity10/15€-534k€-642k▼
Contributions10/11€150.34M€150.34M=
Profit (loss) carried forward14€-150.88M€-150.98M▼
Amounts payable17/49€9.15M€9.32M▲
Amounts payable after more than one year17€8.38M€8.38M=
Amounts payable within one year42/48€98k€98k=
Income statement
Code20192020
Gross operating margin9900€2k€2k▲
Operating profit (loss)9901€1k€883▼
Recurring financial income75€58k€58k=
Recurring financial charges65€168k€168k=
Profit (loss) for the period before taxes9903€-109k€-109k▼
Income taxes67/77€0€0=
Profit (loss) for the period9904€-109k€-109k▼
Profit (loss) for the period to be appropriated9905€-109k€-109k▼
Timeline · acts, filings and financial milestones
2023
08-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · PAGINO BV ISSEGEM 8A, 9860 OOSTERZELE · event 02-05-2023
2022
10-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 163 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 528 days late
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 684 days late
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1049 days late
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1414 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 549 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 915 days late
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
25-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 359 days late
25-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 724 days late
SignalNBB filing
Directors · office · real estate
Directors
4 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, Oosterzele · 1 establishment unit since 2010
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.
Issegem 8A9860 OosterzeleGround area
759 m²
Building footprint
140 m²
Parcel 44007A0104/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
Pagino
since 20102.195.204.129
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44007A0104/00G000 | Flanders | 759 m² | 1 · 140 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BENNY GOOSSENS TOLPOORTSTRAAT 145,
9800 DEINZE |
02-05-2023 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-12-2010
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.