PAIR
A bankruptcy procedure is open for PAIR according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-145k) and a net result of €-97k.
| Equity | €-145k |
| Net result | €-97k |
| Active | 5 yrs |
| Locations | 1 |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →| Fiscal year | 2023 |
|---|---|
| Revenue | — |
| EBITDA | €-47k |
| Net profit | €-97k |
| Cash flow | €-55k |
| Staff costs | €0 |
| Income taxes | — |
| Dividends | — |
| Total assets | €418k |
| Equity | €-145k |
| Debt | €563k |
| of which ≤ 1y | €436k |
| of which > 1y | €126k |
| Working capital | €-150k |
| Employees (FTE) | — |
| 2023 | |
|---|---|
| Current ratio | 0.66 |
| Quick ratio | 0.66 |
| Working capital ratio | -36.0% |
| Solvency | -34.6% |
| Debt / equity | -3.89 |
| Long-term debt ratio | -0.87 |
| Interest coverage | -5.95 |
| Gross margin | — |
| Net margin | — |
| ROA | -23.1% |
| ROE | 66.8% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €418k |
| Fixed assets | 21/28 | €132k |
| Tangible fixed assets | 22/27 | €126k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €286k |
| Amounts receivable within one year | 40/41 | €233k |
| Cash & bank | 54/58 | €52k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €418k |
| Equity | 10/15 | €-145k |
| Contributions / capital | 10/11 | €75k |
| Accumulated profits (losses) | 14 | €-220k |
| Amounts payable | 17/49 | €563k |
| Amounts payable after one year | 17 | €126k |
| Amounts payable within one year | 42/48 | €436k |
| Trade debts payable within one year | 44 | €307k |
| Income statement | ||
| Gross operating margin | 9900 | €-47k |
| Operating result | 9901 | €-89k |
| Financial income | 75 | €660 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €-97k |
| Net result for the period | 9904 | €-97k |
| Result to be appropriated | 9905 | €-97k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | TIM DE MOERLOOSE LEIEKAAI 25 C-D, 9000 GENT- |
08-07-2025 → present | Belgian State Gazette |
| NACE primary | Joinery(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 05-05-2021 |
| Status | Active |
| Postal code | 9051 |
| First BS signal | 14-07-2025 |
| Latest BS signal | 14-07-2025 |
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. |
|---|---|---|---|---|
| 44048F0416/00F002 | Flanders | 2,681 m² | 1 · 1,889 m² | 13.1 m · 1 fl. |
| 44062B0209/00G000 | Flanders | 787 m² | 1 · 117 m² | 9.8 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-09-2024 1 director appointed, 1 resigning
- Lambert Jurgen — Dagelijks bestuur
- Deblock Wim — Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Deblock Wim",
"address": "Biesbulckstraat 1D",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2024-07-07",
"evidence_quote": "Tijdens de bijzondere algelene vergadering van 07/07/2024 wordt beslist van het ontslag van Deblock Wim, wonende te Biesbulckstraat 1D, te aanvaarden. het ontslag gaat onmiddellijk in, hem wordt kwijting verleend voor zijn peridoe als bestuurder van de vennootschap.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_granted",
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},
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"evidence_quote": "hem wordt kwijting verleend voor zijn peridoe als bestuurder van de vennootschap.",
"decharge_status": "granted",
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},
{
"kind": "delegation_dagelijks_bestuur_in",
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"person": {
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"name": "Lambert Jurgen",
"address": null,
"birth_date": null,
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"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": {
"kbo": null,
"name": "Commanditaire Vennootschap LMI",
"address": "Aalterveld 18, 9880 Aalter",
"country": "BE",
"legal_form": "CV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Om de nodige formaliteiten te vervullen wordt, met recht van indeplaatsstelling, volmacht gegeven aan de Commanditaire Vennootschap LMI, met zetel te Aalterveld 18, 9880 Aalter, hierbij vertegenwoordigd door Lambert Jurgen.",
"decharge_status": null,
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}
],
"notary": {
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"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-09-26",
"filing_date": null,
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2024-07-07",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0767.868.331",
"name_full": "PAIR",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Lambert Jurgen",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}14-06-2023 Capital increase of €25,000 to €25,000
- €0 → €25.000
- Inbreng in geld · Apport en numéraire
Technical details
{
"events": [
{
"kind": "capital_increase",
"after_eur": 25000.0,
"delta_eur": 25000.0,
"before_eur": 0.0,
"_arith_derived": "before",
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": 250,
"with_new_shares": true,
"nominal_value_eur": null,
"issue_price_per_share_eur": 100.0
},
"decrease_purpose": null,
"contribution_type": "geld",
"paid_up_delta_eur": 25000.0,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "create"
}
],
"notary": {
"name": "Ann DE PAEPE",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-06-14",
"filing_date": "2023-06-12",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-06-08",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2023-06-08"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0767.868.331",
"name_full": "PAIR",
"legal_form": "B.V.",
"is_foreign_registered": false
},
"publication_proxy": {
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},
"co_filed_documents": [
"expedition van het proces-verbaal",
"co\u00F6rdinatie der statuten dd. 8 juni 2023"
],
"shareholders_after": [],
"share_classes_after": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PAIR |