PAMABA
ActiveSummary
PAMABA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217,223 and a net result of €4,906. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 13560 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70=
Solvency77▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 1.73 against 2.4 in 2024; short-term debt: 34.7% and cash: 38.5% of total assets), and 48.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2025 was due by 30-09-2025 and was filed on 09-09-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
28 d early
2023
17 d early
2022
10 d early
2021
1 d late
2020
13 d early
2019
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€217,223▲ 2.3%
2024 · €212,317
Total assets
€418,570▲ 10.3%
2024 · €379,570
Net result
€4,906▲ 5.3%
2024 · €4,658
Working capital
€106,613▼ 40.6%
2024 · €179,335
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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
Line20212022202320242025
Operating result€10,845▼ 70.1%€109,802▲ 912%€45,831▼ 58.3%€12,393▼ 73.0%€9,811▼ 20.8%
Net result€8,312within the sector's middle half▼ 57.6%€84,372above the sector's middle half▲ 915%€32,361above the sector's middle half▼ 61.6%€4,658within the sector's middle half▼ 85.6%€4,906within the sector's middle half▲ 5.3%
Equity€105,212above the sector's middle half▲ 8.6%€189,584above the sector's middle half▲ 80.2%€207,659above the sector's middle half▲ 9.5%€212,317above the sector's middle half▲ 2.2%€217,223above the sector's middle half▲ 2.3%
Total assets€158,640within the sector's middle half▼ 39.9%€296,953above the sector's middle half▲ 87.2%€352,173above the sector's middle half▲ 18.6%€379,570above the sector's middle half▲ 7.8%€418,570above the sector's middle half▲ 10.3%
Debt€53,428▼ 68.0%€107,369▲ 101%€144,514▲ 34.6%€167,254▲ 15.7%€201,348▲ 20.4%
Working capital€69,115▲ 23.4%€165,437▲ 139%€193,322▲ 16.9%€179,335▼ 7.2%€106,613▼ 40.6%
Solvency66.3%above the sector's middle half▲ 29.6pp63.8%above the sector's middle half▼ 2.5pp59.0%above the sector's middle half▼ 4.9pp55.9%within the sector's middle half▼ 3.0pp51.9%within the sector's middle half▼ 4.0pp
Staff (FTE)3.9▼ 40.9%4.5▲ 15.4%5.1▲ 13.3%4.7▼ 7.8%5.9▲ 25.5%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 21% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €418,570
Fixed assets
€166,704 ▲ 132%
Current assets
€251,866 ▼ 18.2%
Equity and liabilities €418,570
Equity
€217,223 ▲ 2.3%
Debt
€201,348 ▲ 20.4%
Debt's share of the balance-sheet total rises from 44.1% to 48.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34,623▲
2024 · €24,506
Cash flow
€29,718▲
2024 · €16,771
Current ratio
1.73▼
2024 · 2.40
Quick ratio
1.49▼
2024 · 2.29
Debt to equity
0.93▲
2024 · 0.79
ROE
2.3%▲
2024 · 2.2%
ROA
1.2%▼
2024 · 1.2%
Interest coverage
8.85▲
2024 · 7.77
Debt ≤ 1 year
€145,253▲
2024 · €128,454
Debt > 1 year
€56,094▲
2024 · €38,800
Income taxes
€2,052▼
2024 · €3,504
Staff costs
€218,677▲
2024 · €213,341
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €166,696 | €224,266 | €213,341 | €218,677 | ▲ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,227 | €15,563 | €17,546 | €12,113 | €24,812 | ▲ 105% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €395 | - | - | - | - |
| Other operating charges640/8 | - | €5,337 | €3,663 | €4,432 | €3,387 | ▼ 23.6% |
| Gross operating margin9900 | €118,016 | €297,794 | €291,306 | €242,279 | €256,687 | ▲ 5.9% |
| Operating profit (loss)9901 | €10,845 | €109,802 | €45,831 | €12,393 | €9,811 | ▼ 20.8% |
| Financial income75/76B | - | €290 | - | €649 | €1,059 | ▲ 63.1% |
| Recurring financial income75 | - | €290 | - | €649 | €1,059 | ▲ 63.1% |
| Financial charges65/66B | - | €754 | €2,079 | €4,880 | €3,912 | ▼ 19.8% |
| Recurring financial charges65 | €1,326 | €754 | €2,079 | €3,155 | €3,912 | ▲ 24.0% |
| Non-recurring financial charges66B | - | - | - | €1,725 | - | - |
| Profit (loss) for the period before taxes9903 | €9,519 | €109,337 | €43,752 | €8,162 | €6,958 | ▼ 14.7% |
| Income taxes67/77 | €1,207 | €24,965 | €11,391 | €3,504 | €2,052 | ▼ 41.4% |
| Profit (loss) for the period9904 | €8,312 | €84,372 | €32,361 | €4,658 | €4,906 | ▲ 5.3% |
| Profit (loss) for the period to be appropriated9905 | €8,312 | €84,372 | €32,361 | €4,658 | €4,906 | ▲ 5.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €158,640 | €296,953 | €352,173 | €379,570 | €418,570 | ▲ 10.3% |
| Fixed assets21/28 | €36,096 | €24,147 | €56,535 | €71,782 | €166,704 | ▲ 132% |
| Tangible fixed assets22/27 | €31,396 | €19,447 | €56,535 | €71,782 | €166,704 | ▲ 132% |
| Land and buildings22 | - | - | €44,466 | €50,829 | €63,907 | ▲ 25.7% |
| Plant, machinery and equipment23 | - | €6,902 | €12,069 | €20,953 | €24,065 | ▲ 14.9% |
| Furniture and vehicles24 | - | €12,545 | - | - | €78,733 | - |
| Financial fixed assets28 | €4,700 | €4,700 | - | - | - | - |
| Current assets29/58 | €122,543 | €272,805 | €295,638 | €307,788 | €251,866 | ▼ 18.2% |
| Amounts receivable after more than one year29 | - | €64,821 | €69,846 | €80,381 | €44,744 | ▼ 44.3% |
| Other amounts receivable291 | - | €64,821 | €69,846 | €80,381 | €44,744 | ▼ 44.3% |
| Stocks and contracts in progress3 | €9,261 | €13,934 | €14,112 | €14,112 | €34,887 | ▲ 147% |
| Stocks30/36 | - | €13,934 | €14,112 | €14,112 | €34,887 | ▲ 147% |
| Amounts receivable within one year40/41 | €6,892 | €181 | €1,476 | €6,530 | €11,023 | ▲ 68.8% |
| Trade receivables40 | - | €100 | €925 | €1,559 | €4,556 | ▲ 192% |
| Other amounts receivable41 | - | €81 | €551 | €4,971 | €6,468 | ▲ 30.1% |
| Cash at bank and in hand54/58 | €41,569 | €193,869 | €204,468 | €200,547 | €161,212 | ▼ 19.6% |
| Deferred charges and accrued income490/1 | - | - | €5,735 | €6,219 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €158,640 | €296,953 | €352,173 | €379,570 | €418,570 | ▲ 10.3% |
| Equity10/15 | €105,212 | €189,584 | €207,659 | €212,317 | €217,223 | ▲ 2.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €62,850 | €146,850 | €178,850 | €183,450 | €188,250 | ▲ 2.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | €1,860 | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | €1,860 | - |
| Distributable reserves133 | - | €144,990 | €176,990 | €183,450 | €186,390 | ▲ 1.6% |
| Profit (loss) carried forward14 | €23,761 | €24,134 | €10,209 | €10,266 | €10,372 | ▲ 1.0% |
| Amounts payable17/49 | €53,428 | €107,369 | €144,514 | €167,254 | €201,348 | ▲ 20.4% |
| Amounts payable after more than one year17 | - | - | €42,199 | €38,800 | €56,094 | ▲ 44.6% |
| Financial debts170/4 | - | - | €42,199 | €38,800 | €56,094 | ▲ 44.6% |
| Amounts payable within one year42/48 | €53,428 | €107,369 | €102,316 | €128,454 | €145,253 | ▲ 13.1% |
| Current portion of amounts payable after more than one year42 | - | €2,509 | €8,420 | €15,219 | €31,467 | ▲ 107% |
| Trade debts44 | €24,354 | €33,869 | €32,427 | €79,781 | €75,766 | ▼ 5.0% |
| Suppliers440/4 | - | €33,869 | €32,427 | €79,781 | €75,766 | ▼ 5.0% |
| Taxes, remuneration and social security45 | - | €65,321 | €51,469 | €33,454 | €38,020 | ▲ 13.6% |
| Taxes450/3 | - | €47,320 | €30,545 | €13,231 | €18,120 | ▲ 37.0% |
| Remuneration and social security454/9 | - | €18,001 | €20,923 | €20,224 | €19,901 | ▼ 1.6% |
| Other amounts payable47/48 | - | €5,670 | €10,000 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,312 | €84,372 | €32,361 | €4,658 | €4,906 | ▲ 5.3% |
| + Depreciation and write-downs630 | €17,227 | €15,563 | €17,546 | €12,113 | €24,812 | ▲ 105% |
| Operating cash flow (approximation) | €25,539 | €99,936 | €49,907 | €16,771 | €29,718 | ▲ 77.2% |
| Investment in fixed assets (approximation) | - | -€3,614 | -€49,934 | -€27,360 | -€119,734 | ▼ 338% |
| Change in cash | - | €152,300 | €10,599 | -€3,921 | -€39,336 | ▼ 903% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
02-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
29-02
Financial
Weakest financial yearnet €4,658 ▼85.6%
Net result drops to €4,658, the lowest in the series; recovery starts the following year.
2023
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
28-02
Financial
Equity above €200,000Eq €207,659 ▲9.5%
5 profitable years in a row build equity to €207,659.
2022
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
28-02
Financial
Highest result since 2019net €84,372 ▲915%
Operating result €109,802, net result €84,372, both a record.
28-02
Financial
Equity above €150,000Eq €189,584 ▲80.2%
4 profitable years in a row build equity to €189,584.
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
28-02
Financial
Equity above €100,000Eq €105,212 ▲8.6%
3 profitable years in a row build equity to €105,212.
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 5 days late
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Tielt · 1 establishment unit since 2013
Ground area
1,068 m²
Building footprint
234 m²
Volume, LiDAR
1,309 m³
Parcel 37007F0201/00C000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PAMABA
since 20132.231.984.648
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37007F0201/00C000 | Flanders | 1,068 m² | 1 · 234 m² | 7.5 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTielt2.231.984.648
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,454. 8,372 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
Founded29-07-2004
Fiscal year end28-02
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0866577610
Also
9925:BE0866577610
Registered
25-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.