PAGL
The computed 12-month bankruptcy probability of PAGL is 6.5% (elevated). The 2024 annual accounts show negative equity (€-17k) and a net result of €-27k. Equity is shrinking by ~95.1% per year across the filed fiscal years. Its solvency ranks better than 9% of 2254 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-17k |
| Net result | €-27k |
| Better than sector | 9% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -49.2% | 27.4% | |
| Net result | €-27k | €6k | |
| Equity | €-17k | €17k | |
| Gross operating margin | €-21k | €28k | |
| Staff costs | €305 | €36k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-23k |
| Net profit | €-27k |
| Cash flow | €-25k |
| Staff costs | €305 |
| Income taxes | €174 |
| Dividends | - |
| Total assets | €34k |
| Equity | €-17k |
| Debt | €51k |
| of which ≤ 1y | €42k |
| of which > 1y | €6k |
| Working capital | €-21k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.49 |
| Quick ratio | 0.49 |
| Working capital ratio | -62.6% |
| Solvency | -49.2% |
| Debt / equity | -3.03 |
| Long-term debt ratio | -0.37 |
| Interest coverage | -17.84 |
| Gross margin | - |
| Net margin | - |
| ROA | -80.3% |
| ROE | 163.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €34k |
| Fixed assets | 21/28 | €13k |
| Tangible fixed assets | 22/27 | €6k |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €21k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €16 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €34k |
| Equity | 10/15 | €-17k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €-27k |
| Amounts payable | 17/49 | €51k |
| Amounts payable after one year | 17 | €6k |
| Amounts payable within one year | 42/48 | €42k |
| Trade debts payable within one year | 44 | €37k |
| Income statement | ||
| Gross operating margin | 9900 | €-21k |
| Operating result | 9901 | €-26k |
| Financial income | 75 | €13 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-27k |
| Income taxes | 67/77 | €174 |
| Net result for the period | 9904 | €-27k |
| Result to be appropriated | 9905 | €-27k |
| NACE primary | Goederenvervoer over de weg(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 06-01-2022 |
| Status | Active |
| Postal code | 3660 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0905/00S003 | Flanders | 1.9 ha | 1 · 906 m² | 7.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-03-2026 Registered office moved from Dilsen-Stokkem to Oudsbergen
- Heulentakstraat 8, 3650 Dilsen-Stokkem → Industrieweg Noord 1118 bus 9, 3660 Oudsbergen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Industrieweg Noord 1118 bus 9, 3660 Oudsbergen",
"city": "Oudsbergen",
"region": "vlaams_gewest",
"street": "Industrieweg Noord",
"country": "BE",
"postcode": "3660",
"box_number": "9",
"street_number": "1118",
"locality_suffix": null
},
"old_address": {
"raw": "Heulentakstraat 8, 3650 Dilsen-Stokkem",
"city": "Dilsen-Stokkem",
"region": "vlaams_gewest",
"street": "Heulentakstraat",
"country": "BE",
"postcode": "3650",
"box_number": null,
"street_number": "8",
"locality_suffix": null
},
"effective_date": "2026-03-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-25",
"filing_date": "2026-03-17",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2026-02-26",
"unanimous": null
},
"subject_company": {
"kbo": "0779.796.460",
"name_full": "PAGL",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Pawel Nierzwicki",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}14-11-2022 Registered office moved from Maasmechelen to Dilsen-Stokkem
- Rijksweg 229, 3630 Maasmechelen → Heulentakstraat 8, 3650 Dilsen-Stokkem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Dilsen-Stokkem",
"region": null,
"street": "Heulentakstraat",
"country": "BE",
"postcode": "3650",
"box_number": null,
"street_number": "8"
},
"old_address": {
"city": "Maasmechelen",
"region": null,
"street": "Rijksweg",
"country": "BE",
"postcode": "3630",
"box_number": "2",
"street_number": "229"
},
"effective_date": "2022-10-01",
"evidence_quote": "De maatschappelijke zetel wordt vanaf 1 oktober 2022 verplaatst naar Heulentakstraat 8 te 3650 Dilsen-Stokkem."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0779.796.460",
"name_full": "PAGL",
"legal_form": "BV"
}
}10-01-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "3630 Maasmechelen, Rijksweg 229 bus 2",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1966-04-20",
"name": "PRICKAERTS Arnold Joseph Maria",
"niss": null,
"address": "6223 HD Maastricht (Nederland), Brigidastraat 64"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2550,
"holder_person_name": "PRICKAERTS Arnold Joseph Maria",
"is_subscriber_only": false,
"n_shares_subscribed": 51,
"amount_subscribed_eur": 2550,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1998-04-13",
"name": "NIERZWICKI Pawel",
"niss": null,
"address": "6164 CR Geleen (Nederland), Stikkerstraat 47"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2450,
"holder_person_name": "NIERZWICKI Pawel",
"is_subscriber_only": false,
"n_shares_subscribed": 49,
"amount_subscribed_eur": 2450,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0779.796.460",
"name_full": "PAGL",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-01-06",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PAGL |