PAGODE
Bankruptcy closedInactive 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.
Overview
Activity
Activity not known
Size
€274,365total assets 2014
- Equity
- €63,048
- Loss
- -€13,416
Financial health
Bankruptcy closed: no score
Structure
8 deeds in the Belgian Official Gazette
Signalsraises riskBankruptcy closedneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2014 was due by 31-07-2015 and was filed on 07-07-2015, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2018
not filed
2017
not filed
2016
not filed
2015
not filed
2014
24 days early
2013
21 days early
2012
27 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 24 days before the deadline; the Belgian median for financial year 2018 is 2 days before the deadline, and 42% of all filings were late.
Searched, nothing found (1)
- Bankruptcy closure (by liquidation)French-language Enterprise Court of Brussels…
- OpeningFrench-language Enterprise Court of Brussels…
- Annual accounts filedfinancial year 2014 · full…
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
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€274,365
2014
Equity€63,048
2014
Debt€211,317
2014
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€101,157
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
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
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| 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 | = |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| 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.
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 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 8 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Charles De la Vallee Poussin Avenue Louise 349, Bte 17, 1050 Bruxelles 5 |
30-09-2019 → 14-04-2026 |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2026
24-04
Bankruptcy
Bankruptcy closure (by liquidation)
French-language Enterprise Court of Brussels · judgment of 14-04-2026
2019
07-10
Bankruptcy
Opening
French-language Enterprise Court of Brussels · judgment of 30-09-2019
2015
07-07
NBB filing
Annual accounts filed
financial year 2014 · full format
2014
10-07
NBB filing
Annual accounts filed
financial year 2013 · full format
2013
04-07
NBB filing
Annual accounts filed
financial year 2012 · full format
2012
31-12
Financial
Weakest financial yearnet -€15,281
Net result drops to -€15,281, the lowest in the series.
17-07
NBB filing
Annual accounts filed
financial year 2011 · full format
2011
26-08
NBB filing
Annual accounts filed
financial year 2010 · full format · 26 days late
04-04
NBB filing
Annual accounts filed
financial year 2009 · full format · 247 days late
04-04
NBB filing
Annual accounts filed
financial year 2008 · full format · 612 days late
2008
02-07
NBB filing
Annual accounts filed
financial year 2007 · full format
2007
05-07
NBB filing
Annual accounts filed
financial year 2006 · full format
2006
28-06
NBB filing
Annual accounts filed
financial year 2005 · full format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
0 of 8 deeds read
About the unread acts
We know of 8 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Elsene
Ground area
1,078 m²
Building footprint
743 m²
Building volume
12,905 m³
Parcel 21446D0182/00C006, Brussels · tallest building 20.9 m. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21446D0182/00C006 | Brussels | 1,078 m² | 1 · 743 m² | 20.9 m · 6 |
How the parcels are linked
Good to know
The parcel matches the address exactly.