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PAGODE

Bankruptcy closed
Public limited companyKBO/BCE: BE 0454.803.702

Inactive since 21-04-2026; last annual accounts for financial year 2014.

Summary

PAGODE was declared bankrupt on 30-09-2019 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 14-04-2026, published in the Belgian Official Gazette on 24-04-2026.

PAGODEBankruptcy closed

Financials · financial year 2014, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€13,416▼ 2.8%
2013 · -€13,052
Working capital
-€101,157▼ 1.8%
2013 · -€99,393
Trend over the years

2010 to 2014, 5 financial years 2010 to 2014, 5 financial years

The operating result stays negative: a loss of €13,416 in 2014 against €13,052 in 2013; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€13,416 2014 Net result-€13,416 2014

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20102011201220132014
Operating result-€13,286--€11,168▲ 15.9%-€14,993▼ 34.2%-€13,052▲ 12.9%-€13,416▼ 2.8%
Net result-€13,286--€11,168▲ 15.9%-€15,281▼ 36.8%-€13,052▲ 14.6%-€13,416▼ 2.8%
Equity€115,965-€104,796▼ 9.6%€89,516▼ 14.6%€76,464▼ 14.6%€63,048▼ 17.5%
Total assets€318,217-€308,841▼ 2.9%€293,728▼ 4.9%€287,782▼ 2.0%€274,365▼ 4.7%
Debt€202,252-€204,045▲ 0.9%€204,212▲ 0.1%€211,318▲ 3.5%€211,317=
Working capital-€95,990--€94,779▲ 1.3%-€97,993▼ 3.4%-€99,393▼ 1.4%-€101,157▼ 1.8%
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €274,365
Fixed assets €270,129 ▼ 4.1%
Current assets €4,236 ▼ 29.4%
Equity and liabilities €274,365
Equity €63,048 ▼ 17.5%
Debt €211,317 =
Debt's share of the balance-sheet total rises from 73.4% to 77.0%. Equity is lower.
Key figures and ratios
2014 value · change against 2013
EBITDA
-€1,763▼
2013 · -€1,399
Cash flow
-€1,763▼
2013 · -€1,399
Current ratio
0.04▼
2013 · 0.06
Debt to equity
1.68▲
2013 · 1.39
ROE
-21.3%▼
2013 · -17.1%
ROA
-4.9%▼
2013 · -4.5%
Debt ≤ 1 year
€105,393=
2013 · €105,393
Debt > 1 year
€105,924=
2013 · €105,925
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2014 against 2013 · 20 lines
Balance sheet Code20132014
Assets
Total assets20/58€287,782€274,365▼
Fixed assets21/28€281,782€270,129▼
Tangible fixed assets22/27€281,782€270,129▼
Current assets29/58€6,000€4,236▼
Cash at bank and in hand54/58€6,000€4,236▼
Equity and liabilities
Total equity and liabilities10/49€287,782€274,365▼
Equity10/15€76,464€63,048▼
Contributions10/11€260,987€260,987=
Profit (loss) carried forward14-€184,523-€197,939▼
Amounts payable17/49€211,318€211,317=
Amounts payable after more than one year17€105,925€105,924=
Amounts payable within one year42/48€105,393€105,393=
Trade debts44€45,779€45,779=
Income statement Code20132014
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,653€11,653=
Gross operating margin9900-€1,310-€1,326▼
Operating profit (loss)9901-€13,052-€13,416▼
Recurring financial income75€0-
Profit (loss) for the period before taxes9903-€13,052-€13,416▼
Profit (loss) for the period9904-€13,052-€13,416▼
Profit (loss) for the period to be appropriated9905-€13,052-€13,416▼
Line20102011201220132014Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,380€12,380€12,066€11,653€11,653=
Gross operating margin9900-€906€1,212-€2,669-€1,310-€1,326▼ 1.2%
Operating profit (loss)9901-€13,286-€11,168-€14,993-€13,052-€13,416▼ 2.8%
Recurring financial income75---€0--
Recurring financial charges65--€288---
Profit (loss) for the period before taxes9903-€13,286-€11,168-€15,281-€13,052-€13,416▼ 2.8%
Profit (loss) for the period9904-€13,286-€11,168-€15,281-€13,052-€13,416▼ 2.8%
Profit (loss) for the period to be appropriated9905-€13,286-€11,168-€15,281-€13,052-€13,416▼ 2.8%
Line20102011201220132014Change
Assets
Total assets20/58€318,217€308,841€293,728€287,782€274,365▼ 4.7%
Fixed assets21/28€317,880€305,500€293,434€281,782€270,129▼ 4.1%
Tangible fixed assets22/27€317,880€305,500€293,434€281,782€270,129▼ 4.1%
Current assets29/58€337€3,341€294€6,000€4,236▼ 29.4%
Cash at bank and in hand54/58€337€3,341€294€6,000€4,236▼ 29.4%
Equity and liabilities
Total equity and liabilities10/49€318,217€308,841€293,728€287,782€274,365▼ 4.7%
Equity10/15€115,965€104,796€89,516€76,464€63,048▼ 17.5%
Contributions10/11€260,987€260,987€260,987€260,987€260,987=
Profit (loss) carried forward14-€145,022-€156,190-€171,471-€184,523-€197,939▼ 7.3%
Amounts payable17/49€202,252€204,045€204,212€211,318€211,317=
Amounts payable after more than one year17€105,925€105,925€105,925€105,925€105,924=
Amounts payable within one year42/48€96,327€98,120€98,287€105,393€105,393=
Trade debts44€47,833€45,676€45,893€45,779€45,779=
Line20102011201220132014Change
Profit (loss) for the period9904-€13,286-€11,168-€15,281-€13,052-€13,416▼ 2.8%
+ Depreciation and write-downs630€12,380€12,380€12,066€11,653€11,653=
Operating cash flow (approximation)-€906€1,212-€3,215-€1,399-€1,763▼ 26.0%
Investment in fixed assets (approximation)--€0€0-€1-€0▲ 89.3%
Change in cash-€3,004-€3,047€5,706-€1,764-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
31-12-2014 full format 07-07-2015 2015-28100347
31-12-2013 full format 10-07-2014 2014-29600362
31-12-2012 full format 04-07-2013 2013-27000229
31-12-2011 full format 17-07-2012 2012-30600347
31-12-2010 full format 26-08-2011 2011-45200590
31-12-2009 full format 04-04-2011 2011-07800599
31-12-2008 full format 04-04-2011 2011-07900010
31-12-2007 full format 02-07-2008 2008-34600030
31-12-2006 full format 05-07-2007 2007-36500197
31-12-2005 full format 28-06-2006 2006-34801347

Show all 18 filings

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