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Pak Consult

Open bankruptcy
Private limited companyfounded 2019Jules Persynstraat 13, 9050 Gent, BelgiumKBO/BCE: BE 0737.893.549

A bankruptcy procedure is open for Pak Consult according to publications in the Belgian State Gazette; curator: GERT RYDANT.

Summary

The 2023 annual accounts show negative equity (-€73,683) and a net result of -€81,675.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
17 December 2024
Supervising judge
Marleen Mannekens
Official Gazette
27-12-2024 (pdf) ↗search the document for 2024/151036

Deadlines

Provisional date payments stopped
12 December 2024Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 11 January 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 16 January 2025art. XX.104 and XX.155 CEL
First verification report
passed on 21 January 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 17 December 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Gert RydantBrusselsesteenweg 691, 9050 Gent- Bruggegert.rydant@rylex.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 15-07-2024, 16 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
16 d early
2022
28 d early
2021
40 d early
2020
16 d early
2019
13 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Pak Consult was incorporated on 20 November 2019 as a Private limited company.1 Total assets rose from EUR 15,233 in 2019 to EUR 493,858 in 2023.2 On 17 December 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023
  3. 3Belgian State Gazette, 27-12-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
-€73,683
2022 · €7,992
Total assets
€493,858▼ 4.4%
2022 · €516,543
Net result
-€81,675
2022 · €2,722
Working capital
-€28,183
2022 · €6,837
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result-€294-€2,666€1,444▼ 45.8%€64,866▲ 4,393%-€10,659
Net result-€321-€1,011below the sector's middle half-€420below the sector's middle half€2,722below the sector's middle half-€81,675below the sector's middle half
Equity€4,679-€5,691below the sector's middle half▲ 21.6%€5,271below the sector's middle half▼ 7.4%€7,992below the sector's middle half▲ 51.6%-€73,683below the sector's middle half
Total assets€15,233-€95,162below the sector's middle half▲ 525%€65,249below the sector's middle half▼ 31.4%€516,543below the sector's middle half▲ 692%€493,858above the sector's middle half▼ 4.4%
Debt€10,554-€89,471▲ 748%€59,978▼ 33.0%€508,551▲ 748%€567,541▲ 11.6%
Working capital€4,679-€4,536▼ 3.1%€4,116▼ 9.3%€6,837▲ 66.1%-€28,183
Solvency30.7%-6.0%below the sector's middle half▼ 24.7pp8.1%below the sector's middle half▲ 2.1pp1.5%below the sector's middle half▼ 6.5pp-14.9%below the sector's middle half▼ 16.5pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2019: -€294-€294Net result 2019: -€321-€321Operating result 2020: €2,666€2,666Net result 2020: €1,011€1,011Operating result 2021: €1,444€1,444Net result 2021: -€420-€420Operating result 2022: €64,866€64,866Net result 2022: €2,722€2,722Operating result 2023: -€10,659-€10,659Net result 2023: -€81,675-€81,67520192020202120222023-€100,000-€50,000€0€50,000Operating result 2021: €1,444€1,440Net result 2021: -€420-€420Operating result 2022: €64,866€64,900Net result 2022: €2,722€2,720Operating result 2023: -€10,659-€10,700Net result 2023: -€81,675-€81,700202120222023
The operating result turns negative in 2023: a loss of €10,659 after €64,866 in 2022, the lowest result in the available series.
Key figures and ratios
2023 value · change against 2022
Current ratio
0.95▼
2022 · 1.01
Quick ratio
0.94▼
2022 · 1.00
Debt to equity
-7.70▼
2022 · 63.63
ROA
-16.5%▼
2022 · 0.5%
Debt ≤ 1 year
€522,041▲
2022 · €508,551
Income taxes
€0▼
2022 · €938
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 · 2023 against 2022 · 40 lines
Balance sheet Code20222023
Assets
Total assets20/58€516,543€493,858▼
Fixed assets21/28€1,155€0▼
Financial fixed assets28€1,155€0▼
Current assets29/58€515,388€493,858▼
Stocks and contracts in progress3€7,574€4,265▼
Stocks30/36€7,574€4,265▼
Amounts receivable within one year40/41€471,995€489,232▲
Trade receivables40€470,273€457,734▼
Other amounts receivable41€1,722€31,498▲
Cash at bank and in hand54/58€35,819€113▼
Deferred charges and accrued income490/1-€248
Equity and liabilities
Total equity and liabilities10/49€516,543€493,858▼
Equity10/15€7,992-€73,683▼
Contributions10/11€5,000€5,000=
Reserves13€600€600=
Distributable reserves133€600€600=
Profit (loss) carried forward14€2,392-€79,283▼
Amounts payable17/49€508,551€567,541▲
Amounts payable within one year42/48€508,551€522,041▲
Financial debts43€500,000€500,000=
Other loans439€500,000€500,000=
Trade debts44€1,929€1,603▼
Suppliers440/4€1,929€1,603▼
Taxes, remuneration and social security45€6,621€20,438▲
Taxes450/3€6,621€20,438▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3-€45,500
Income statement Code20222023
Other operating charges640/8€617€516▼
Gross operating margin9900€65,483-€10,142▼
Operating profit (loss)9901€64,866-€10,659▼
Financial income75/76B€2€248▲
Recurring financial income75€2€248▲
Financial charges65/66B€61,209€71,265▲
Recurring financial charges65€61,209€71,265▲
Profit (loss) for the period before taxes9903€3,660-€81,675▼
Income taxes67/77€938€0▼
Profit (loss) for the period9904€2,722-€81,675▼
Profit (loss) for the period to be appropriated9905€2,722-€81,675▼
Appropriation of the result
Profit (loss) to be appropriated9906€2,392-€79,283▼
Profit (loss) brought forward from the previous period14P-€329€2,392▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Other operating charges640/8--€120€617€516▼ 16.3%
Gross operating margin9900€140€2,966€1,564€65,483-€10,142▼ 115%
Operating profit (loss)9901-€294€2,666€1,444€64,866-€10,659▼ 116%
Financial income75/76B---€2€248▲ 9,930%
Recurring financial income75---€2€248▲ 9,930%
Financial charges65/66B--€1,806€61,209€71,265▲ 16.4%
Recurring financial charges65€14€111€1,806€61,209€71,265▲ 16.4%
Profit (loss) for the period before taxes9903-€308€2,554-€362€3,660-€81,675▼ 2,332%
Income taxes67/77€13€1,543€58€938€0▼ 100%
Profit (loss) for the period9904-€321€1,011-€420€2,722-€81,675▼ 3,101%
Profit (loss) for the period to be appropriated9905-€321€1,011-€420€2,722-€81,675▼ 3,101%
Line20192020202120222023Change
Assets
Total assets20/58€15,233€95,162€65,249€516,543€493,858▼ 4.4%
Fixed assets21/28-€1,155€1,155€1,155€0▼ 100%
Financial fixed assets28-€1,155€1,155€1,155€0▼ 100%
Current assets29/58€15,233€94,007€64,094€515,388€493,858▼ 4.2%
Stocks and contracts in progress3---€7,574€4,265▼ 43.7%
Stocks30/36---€7,574€4,265▼ 43.7%
Amounts receivable within one year40/41€11,763€86,003€55,571€471,995€489,232▲ 3.7%
Trade receivables40--€55,081€470,273€457,734▼ 2.7%
Other amounts receivable41--€490€1,722€31,498▲ 1,729%
Cash at bank and in hand54/58€3,471€8,004€8,523€35,819€113▼ 99.7%
Deferred charges and accrued income490/1----€248-
Equity and liabilities
Total equity and liabilities10/49€15,233€95,162€65,249€516,543€493,858▼ 4.4%
Equity10/15€4,679€5,691€5,271€7,992-€73,683▼ 1,022%
Contributions10/11€5,000-€5,000€5,000€5,000=
Reserves13-€600€600€600€600=
Distributable reserves133--€600€600€600=
Profit (loss) carried forward14-€321€91-€329€2,392-€79,283▼ 3,414%
Amounts payable17/49€10,554€89,471€59,978€508,551€567,541▲ 11.6%
Amounts payable within one year42/48€10,554€89,471€59,978€508,551€522,041▲ 2.7%
Financial debts43---€500,000€500,000=
Other loans439---€500,000€500,000=
Trade debts44€9,315€83,220€49,117€1,929€1,603▼ 16.9%
Suppliers440/4--€49,117€1,929€1,603▼ 16.9%
Taxes, remuneration and social security45--€8,559€6,621€20,438▲ 209%
Taxes450/3--€8,559€6,621€20,438▲ 209%
Other amounts payable47/48--€2,302€0--
Accrued charges and deferred income492/3----€45,500-
Line20192020202120222023Change
Profit (loss) for the period9904-€321€1,011-€420€2,722-€81,675▼ 3,101%
Operating cash flow (approximation)-€321€1,011-€420€2,722-€81,675▼ 3,101%
Investment in fixed assets (approximation)--€0€0€1,155-
Change in cash-€4,533€519€27,296-€35,706▼ 231%

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

Download as CSV

Timeline · acts, filings and financial milestones

2024
27-12
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 17-12-2024
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€81,675
Net result drops to -€81,675, the lowest in the series.
03-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €2,722
Net result €2,722 after one loss-making year.
21-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €1,011
Net result €1,011 after one loss-making year.
13-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State 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.

Directors · office · real estate

Directors
2 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, Gent · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
109 m²
Building footprint
93 m²
Volume, LiDAR
688 m³
Parcel 44362B0204/00D011, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Pak Consult
Jules Persynstraat 13, 9050 GentAgents specialised in the wholesale of other particular products
since 20192.296.199.836
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44362B0204/00D011 Flanders 109 m² 1 · 93 m² 13.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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 GERT RYDANT
BRUSSELSESTEENWEG 691, 9050 GENT- BRUGGE
17-12-2024 → present

Similar companies · same sector, comparable size

Of 4,414 companies in sector 46180 we hold annual accounts for 1,892. 830 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.