PAK BELGE IMPORT - EXPORT
ActiveThe file of PAK BELGE IMPORT - EXPORT contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.2% (low). The 2025 annual accounts show negative equity (€-20k) and a net result of €-65k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 11200 sector peers (fiscal year 2025).
Checked score
Score 2025
0
/ 100
Critical▼ -81 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▲+18
Solvency33▼-51
Growth22▼-47
Stability85
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3 against 2.05 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-42.9%
Return on assets
-140.9%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€20k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
7 d late
2023
27 d late
2022
9 d early
2021
31 d late
2020
29 d late
2019
68 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€148k▼ 62.8%
2024 · €397k
2018: €309k
2019: €321k
2020: €389k
2021: €403k
2023: €460k
2024: €397k
2018 → 2025
EBIT margin
-39.4%▼ 40.1pp
2024 · 0.7%
2018: -2.1%
2019: 0.3%
2020: 0.8%
2021: 1.0%
2023: 3.0%
2024: 0.7%
2018 → 2025
Net result
€-65k
2024 · €604
2018: €-6k
2019: €-1k
2020: €1k
2021: €2k
2022: €21k
2023: €12k
2024: €604
2018 → 2025
Working capital
€-28k
2024 · €37k
2018: €23k
2019: €23k
2020: €39k
2021: €34k
2022: €29k
2023: €40k
2024: €37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€403k-€460k€397k▼ 13.7%€148k▼ 62.8%
Equity€12k-€33k▲ 167%€45k▲ 35.3%€45k▲ 1.4%€-20k
Operating result€4k-€26k▲ 558%€14k▼ 46.5%€3k▼ 79.5%€-58k
Net result€2k-€21k▲ 887%€12k▼ 43.6%€604▼ 94.8%€-65k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €58k after €3k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46k
Fixed assets
€34k▼ 13.3%
Current assets
€12k▼ 83.7%
Key figures and ratios
EBITDA
€-50k▼
2024 · €9k
Cash flow
€-57k▼
2024 · €7k
Solvency
-42.9%▼
2024 · 40.5%
Current ratio
0.30▼
2024 · 2.05
Quick ratio
0.12▼
2024 · 1.33
Debt / equity
-3.33▼
2024 · 1.47
ROE
328.4%▲
2024 · 1.3%
ROA
-140.9%▼
2024 · 0.5%
Interest coverage
-13.80▼
2024 · 4.54
Debt
€66k▼
2024 · €66k
Debt ≤ 1 year
€39k▲
2024 · €35k
Debt > 1 year
€27k▼
2024 · €31k
Income taxes
€3k▲
2024 · €280
Staff costs
€48k▲
2024 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€111k€46k▼
Fixed assets21/28€40k€34k▼
Tangible fixed assets22/27€36k€34k▼
Furniture and vehicles24€36k€34k▼
Financial fixed assets28€4k-
Current assets29/58€72k€12k▼
Stocks and contracts in progress3€25k€7k▼
Stocks30/36€25k€7k▼
Amounts receivable within one year40/41€6k€3k▼
Trade receivables40€6k€719▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€40k€1k▼
Equity and liabilities
Total equity and liabilities10/49€111k€46k▼
Equity10/15€45k€-20k▼
Contributions10/11€31k€31k=
Profit (loss) carried forward14€14k€-51k▼
Amounts payable17/49€66k€66k▼
Amounts payable after more than one year17€31k€27k▼
Financial debts170/4€31k€27k▼
Amounts payable within one year42/48€35k€39k▲
Current portion of amounts payable after more than one year42€4k€5k▲
Trade debts44€4k€9k▲
Suppliers440/4€4k€9k▲
Taxes, remuneration and social security45€27k€25k▼
Taxes450/3€13k€12k▼
Remuneration and social security454/9€14k€14k▼
Other amounts payable47/48-€100
Income statement
Code20242025
Turnover70€397k€148k▼
Non-recurring operating income76A€310€31k▲
Goods, raw materials, services and sundry goods60/61€357k€171k▼
Remuneration, social security and pensions62€35k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲
Other operating charges640/8€3k€6k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€47k€11k▼
Operating profit (loss)9901€3k€-58k▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€884€-62k▼
Income taxes67/77€280€3k▲
Profit (loss) for the period9904€604€-65k▼
Profit (loss) for the period to be appropriated9905€604€-65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€-51k▼
Profit (loss) brought forward from the previous period14P€14k€14k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
23-02
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · SA PAK BELGE IMPORT - EXPORT PLACE SAINT- LAMBERT 1, 1020 LAEKEN. déclarée le 5 janvier 2026 · event 13-02-2026
03-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SA PAK BELGE IMPORT - EXPORT PLACE SAINT-LAMBERT 1, 1020 LAEKEN · event 05-01-2026
2025
31-12
Financial
Weakest financial yearnet €-65k ▼10842%
Net result drops to €-65k, the lowest in the series.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
22-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €21k ▲887%
Operating result €26k, net result €21k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 41.47
Current ratio from 17.40 to 41.47; short-term debt falls from €1k to €968.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Lambertusplein 11020 BrusselGround area
63 m²
Building footprint
70 m²
Volume, LiDAR
865 m³
Parcel 21816C0285/00W002, Brussels · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0285/00W002 | Brussels | 63 m² | 1 · 70 m² | 16.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Philippe DECHAMPS DREVE DES RENARDS 8/7,
1180 UCCLE |
05-01-2026 → present |
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Of 6,127 companies in sector 46190 we hold annual accounts for 2,554. 1,889 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-12-1992
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.