PAKERA
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 02-07-2026 at the NBB all 23 filings
Equity
€491,400▼ 68.4%
2024 · €1.6m
Total assets
€37.2m▲ 448%
2024 · €6.8m
Net result
-€1.1m▼ 3,591%
2024 · -€28,882
Working capital
-€3.8m▼ 680%
2024 · -€487,645
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €756,316, larger than the loss of €3,149 in 2024. It is the lowest result since 2021.
Operating result-€0.8m
2025
Net result-€1.1m
2025
Total assets€37.2m
2025
Equity€0.5m
2025
Debt€36.7m
2025
Working capital-€3.8m
2025
Return on assets (ROA)-2.9%
2025
Solvency1.3%
2025
Current ratio0.65
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€0.003m--€0.002m▲ 45.1%-€0.003m▼ 94.6%-€0.01m▼ 194%-€0.004m▲ 62.6%-€0.003m▲ 13.0%-€0.8m▼ 23,919%
Net result-€0.02m--€0.002mwithin the sector's middle half▲ 89.2%-€0.004mbelow the sector's middle half▼ 67.6%-€0.04mbelow the sector's middle half▼ 1,065%€1.6mabove the sector's middle half-€0.03mbelow the sector's middle half-€1.1mbelow the sector's middle half▼ 3,591%
Equity€1.3m-€1.3mabove the sector's middle half▼ 0.2%€1.3mabove the sector's middle half▼ 0.3%€0.08mwithin the sector's middle half▼ 94.3%€1.6mabove the sector's middle half▲ 21×€1.6mabove the sector's middle half▼ 1.8%€0.5mwithin the sector's middle half▼ 68.4%
Total assets€1.9m-€1.9mabove the sector's middle half▼ 0.1%€1.9mabove the sector's middle half▲ 0.1%€6.8mabove the sector's middle half▲ 258%€6.8mabove the sector's middle half=€6.8mabove the sector's middle half=€37.2mabove the sector's middle half▲ 448%
Debt€0.6m-€0.6m=€0.6m▲ 0.9%€6.7m▲ 12×€5.2m▼ 22.5%€5.2m▲ 0.5%€36.7m▲ 602%
Working capital€0.007mwithin the sector's middle half€0.008mwithin the sector's middle half▲ 18.7%-€0.5mbelow the sector's middle half-€0.6mbelow the sector's middle half▼ 15.5%-€0.5mbelow the sector's middle half▲ 13.0%-€3.8mbelow the sector's middle half▼ 680%
Solvency69.9%-69.9%above the sector's middle half=69.6%above the sector's middle half▼ 0.2pp1.1%below the sector's middle half▼ 68.5pp23.4%within the sector's middle half▲ 22.2pp22.9%within the sector's middle half▼ 0.4pp1.3%below the sector's middle half▼ 21.6pp
Current ratio67.31above the sector's middle half79.69above the sector's middle half▲ 12.380.03below the sector's middle half▼ 79.660.03below the sector's middle half=0.03below the sector's middle half=0.65below the sector's middle half▲ 0.62
Return on assets (ROA)-1.1%--0.1%within the sector's middle half▲ 1.0pp-0.2%within the sector's middle half▼ 0.1pp-0.6%within the sector's middle half▼ 0.4pp23.4%above the sector's middle half▲ 24.0pp-0.4%within the sector's middle half▼ 23.8pp-2.9%below the sector's middle half▼ 2.4pp
Staff (FTE)2.8within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Large changes and their cause
- 2025 Net result -3,591% on 2024. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37.2m
Fixed assets
€30.2m ▲ 346%
Current assets
€7.0m ▲ 550×
Equity and liabilities €37.2m
Equity
€491,400 ▼ 68.4%
Debt
€36.7m ▲ 602%
Debt's share of the balance-sheet total rises from 77.1% to 98.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€724,501
Cash flow
-€1.0m
Quick ratio
0.15▲
2024 · 0.03
Debt to equity
74.75▲
2024 · 3.36
ROE
-216.9%▼
2024 · -1.9%
Interest coverage
-0.98
Debt ≤ 1 year
€10.8m▲
2024 · €500,440
Debt > 1 year
€25.8m▲
2024 · €4.7m
Income taxes
€31
Staff costs
€266,682
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 19 |
| full-time | 16 |
| part-time | 3 |
| in full-time equivalents | 18 |
| Average over the year, in full-time equivalents | 2.8 |
| On a permanent contract | 19 |
| Joined | 20 |
| Left | 1 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €274,218 |
| Intangible fixed assets | - | - | - | €293,524 |
| Financial fixed assets | €4.9m | - | - | €22.9m |
| Depreciation and write-downs of the year | - | - | - | €31,815 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as PAKERA: wholesale trade (NACE 46835). They are comparable in size and age: total assets between €6.1m and €20m, founded between 1974 and 2016.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| PAKERA Dilbeek | 2002 | €37.2m | €0.5m | -€0.5m | - | -€1.1m | - | 2025 |
| MODULYSS Zele | 2010 | €15.1m | €1.6m | - | €51.8m | -€1.7m | 132.5 | 2025 |
| Brachot Tiles & Landscaping Harelbeke | 1986 | €16.5m | €5.6m | - | €23.4m | €1.7m | 35.8 | 2025 |
| RI.PA. BELGIUM Laarne | 1989 | €8.2m | €3.4m | - | €11.6m | €1.0m | 18.8 | 2025 |
| INTER-CERAM Wevelgem | 1996 | €6.1m | €2.1m | - | €8.8m | -€1.1m | - | 2024 |
| Oneflor Europe Kortrijk | 2016 | €19.5m | €11.1m | - | €25.8m | €0.4m | 31.6 | 2025 |
| SCHELFHOUT Villers-le-Bouillet | 1974 | €10.5m | €9.1m | - | €17.8m | €0.8m | 37.9 | 2025 |
They were chosen from the 113 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €0.3m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | - | €0.03m | - |
| Other operating charges640/8 | - | - | - | €225 | - | - | €0.001m | - |
| Gross operating margin9900 | -€0.003m | -€0.002m | -€0.003m | -€0.009m | -€0.004m | -€0.003m | -€0.5m | ▼ 14,408% |
| Operating profit (loss)9901 | -€0.003m | -€0.002m | -€0.003m | -€0.01m | -€0.004m | -€0.003m | -€0.8m | ▼ 23,919% |
| Financial income75/76B | - | - | - | - | €1.6m | - | €0.4m | - |
| Recurring financial income75 | - | - | - | - | €1.6m | - | €0.4m | - |
| Financial charges65/66B | - | - | - | €0.03m | €0.04m | €0.03m | €0.7m | ▲ 29× |
| Recurring financial charges65 | €0.02m | €0.001m | €470 | €0.03m | €0.04m | €0.03m | €0.7m | ▲ 29× |
| Profit (loss) for the period before taxes9903 | -€0.02m | -€0.002m | -€0.004m | -€0.04m | €1.6m | -€0.03m | -€1.1m | ▼ 3,590% |
| Income taxes67/77 | - | - | - | - | - | - | €31 | - |
| Profit (loss) for the period9904 | -€0.02m | -€0.002m | -€0.004m | -€0.04m | €1.6m | -€0.03m | -€1.1m | ▼ 3,591% |
| Profit (loss) for the period to be appropriated9905 | -€0.02m | -€0.002m | -€0.004m | -€0.04m | €1.6m | -€0.03m | -€1.1m | ▼ 3,591% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.9m | €1.9m | €1.9m | €6.8m | €6.8m | €6.8m | €37.2m | ▲ 448% |
| Fixed assets21/28 | €1.9m | €1.9m | €1.9m | €6.8m | €6.8m | €6.8m | €30.2m | ▲ 346% |
| Intangible fixed assets21 | - | - | - | - | - | - | €0.3m | - |
| Tangible fixed assets22/27 | - | - | - | - | - | - | €0.3m | - |
| Land and buildings22 | - | - | - | - | - | - | €0.01m | - |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €0.05m | - |
| Furniture and vehicles24 | - | - | - | - | - | - | €0.02m | - |
| Leasing and similar rights25 | - | - | - | - | - | - | €0.2m | - |
| Financial fixed assets28 | €1.9m | €1.9m | €1.9m | €6.8m | €6.8m | €6.8m | €29.7m | ▲ 338% |
| Current assets29/58 | €0.009m | €0.007m | €0.008m | €0.01m | €0.02m | €0.01m | €7.0m | ▲ 550× |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €5.4m | - |
| Stocks30/36 | - | - | - | - | - | - | €5.4m | - |
| Amounts receivable within one year40/41 | - | - | €0.005m | €0.005m | €300 | - | €1.4m | - |
| Trade receivables40 | - | - | - | - | - | - | €0.1m | - |
| Other amounts receivable41 | - | - | - | €0.005m | €300 | - | €1.3m | - |
| Cash at bank and in hand54/58 | €0.009m | €0.007m | €0.003m | €0.01m | €0.02m | €0.01m | €0.1m | ▲ 683% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €0.1m | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €1.9m | €6.8m | €6.8m | €6.8m | €37.2m | ▲ 448% |
| Equity10/15 | €1.3m | €1.3m | €1.3m | €0.08m | €1.6m | €1.6m | €0.5m | ▼ 68.4% |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Capital10 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Issued capital100 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Reserves13 | €0.08m | €0.08m | €0.08m | €0.08m | €0.007m | €0.007m | €0.007m | = |
| Non-distributable reserves130/1 | - | - | - | €0.004m | €0.007m | €0.007m | €0.007m | = |
| Legal reserve130 | - | - | - | €0.004m | €0.007m | €0.007m | €0.007m | = |
| Distributable reserves133 | - | - | - | €0.07m | - | - | - | - |
| Profit (loss) carried forward14 | -€0.02m | -€0.02m | -€0.03m | -€0.07m | €1.5m | €1.5m | €0.4m | ▼ 72.0% |
| Amounts payable17/49 | €0.6m | €0.6m | €0.6m | €6.7m | €5.2m | €5.2m | €36.7m | ▲ 602% |
| Amounts payable after more than one year17 | €0.6m | €0.6m | €0.6m | €6.2m | €4.6m | €4.7m | €25.8m | ▲ 446% |
| Financial debts170/4 | - | - | - | €6.2m | €4.6m | €4.7m | €19.7m | ▲ 317% |
| Trade debts175 | - | - | - | - | - | - | €6.1m | - |
| Amounts payable within one year42/48 | - | €100 | €100 | €0.5m | €0.6m | €0.5m | €10.8m | ▲ 22× |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.5m | €0.5m | €0.5m | €1.4m | ▲ 179% |
| Trade debts44 | - | - | - | - | - | - | €0.8m | - |
| Suppliers440/4 | - | - | - | - | - | - | €0.8m | - |
| Taxes, remuneration and social security45 | - | - | - | - | €0.004m | - | €0.2m | - |
| Taxes450/3 | - | - | - | - | €0.004m | - | €0.02m | - |
| Remuneration and social security454/9 | - | - | - | - | - | - | €0.2m | - |
| Other amounts payable47/48 | - | - | - | €100 | €0.07m | €440 | €8.5m | ▲ 19,342× |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.05m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.02m | -€0.002m | -€0.004m | -€0.04m | €1.6m | -€0.03m | -€1.1m | ▼ 3,591% |
| + Depreciation and write-downs630 | - | - | - | - | - | - | €0.03m | - |
| Operating cash flow (approximation) | -€0.02m | -€0.002m | -€0.004m | -€0.04m | €1.6m | -€0.03m | -€1.0m | ▼ 3,480% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€4.9m | €0 | €0 | -€23.4m | - |
| Change in cash | - | -€0.002m | -€0.004m | €0.007m | €0.005m | -€0.002m | €0.09m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 02-07-2026 | 2026-00242481 | NBB |
| 31-12-2024 | micro format | 07-07-2025 | 2025-00249621 | |
| 31-12-2023 | micro format | 04-07-2024 | 2024-00208721 | |
| 31-12-2022 | micro format | 13-07-2023 | 2023-00263077 | |
| 30-09-2021 | micro format | 21-03-2022 | 2022-08200170 | |
| 30-09-2020 | micro format | 15-03-2021 | 2021-07600487 | |
| 30-09-2019 | micro format | 19-03-2020 | 2020-07100090 | |
| 30-09-2018 | micro format | 28-03-2019 | 2019-08400410 | |
| 30-09-2017 | micro format | 03-04-2018 | 2018-08800208 | |
| 30-09-2016 | abbreviated format | 30-03-2017 | 2017-08100048 |