Financials
- Financial year
- 2025
- Total assets
- €809,217
- Profit
- €45,972
- Solvency
- 39.2%
Total assets▲ 2.3%
Net result
20182025
PAGOD
ActiveSummary
PAGOD has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317,219 and a net result of €45,972. Equity is growing by about 4.1% per year across the filed financial years. Its solvency ranks better than 58% of 17,057 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
≈ €160,000turnover 2025, estimated
- Equity
- €317,219
- Profit
- €45,972
Turnover estimated from the gross margin
Structure
- Largest shareholder
- JG Asset Management · 10%
2025 accounts filed 76 days late3 deeds in the Belgian Official Gazette
Why 68raises riskLast filed accounts filed 76 days late; 3 of the last 3 lateLiquidity: current ratio 1.60, cash €2,925lowers riskFounded in 2002Size: total assets €809,217Show the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 56% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency
64+5
equity 39.2% of total assets
Liquidity
33-3
short-term debt 37.9% · cash 0.4%
Profitability
76+29
return on assets 5.7%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.6%▲ +0.4 percentage points vs 11-2024
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.6%● unchanged vs 02-2025
04-2025: 1.6%● unchanged vs 03-2025
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.5%▼ -0.1 percentage points vs 05-2025
07-2025: 1.7%▲ +0.2 percentage points vs 06-2025
08-2025: 2.3%▲ +0.6 percentage points vs 07-2025
09-2025: 2.5%▲ +0.2 percentage points vs 08-2025highest value
10-2025: 0.9%▼ -1.6 percentage points vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 1.0%▲ +0.1 percentage points vs 02-2026
04-2026: 0.9%▼ -0.1 percentage points vs 03-2026
05-2026: 1.0%▲ +0.1 percentage points vs 04-2026
06-2026: 0.9%▼ -0.1 percentage points vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026lowest value
08-2026: 1.5%▲ +0.6 percentage points vs 07-2026
09-2026: 1.6%▲ +0.1 percentage points vs 08-2026
10-2026: 0.9%▼ -0.7 percentage points vs 09-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.6, compared with 1.26 in 2024, above the usual 1.5; short-term debt: 37.9% and cash: 0.4% of total assets), but 60.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 56% on solvency, 26% on liquidity, 71% on profitability and 73% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
76 days late
2024
54 days late
2023
92 days late
2022
30 days late
2021
61 days late
2020
89 days late
2019
108 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 73 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Board & ownership
- Largest shareholder
- JG Asset Management · 10%
Timeline
- Events
- 28
- Since
- 2003
- Next accounts
- by 31-07-2027
- 30-08-2023Annual accounts filed
- 31-12-2022Back to profit
- 30-09-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Renting and operating of own or leased non-residential…NACE 68203
- Founded
- 13-02-2002
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about PAGOD
- What is the company number of PAGOD?
- 0476.887.137. In Belgium the VAT number is the company number with BE in front: BE 0476.887.137.
- Where is PAGOD based?
- The registered office is at Generaal Wahislaan 16, 1030 Schaarbeek.Company details
- What does PAGOD do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of PAGOD?
- Private limited company (pre-2019) (BVBA).
- When was PAGOD founded?
- On 13-02-2002.
- Is PAGOD still active?
- Yes, PAGOD is an active enterprise in the KBO register.
- What is the turnover of PAGOD?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is PAGOD profitable?
- In financial year 2025, PAGOD made a profit of €45,972.
- Where can I find the annual accounts of PAGOD?
- PAGOD filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAGOD due?
- By 31-07-2027, for financial year 2026.Timeline
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