Summary
Pamico is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €682,288 and a net result of €99,578. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 8211 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
14 d early
2023
26 d early
2022
20 d early
2021
16 d early
2020
17 d early
2019
21 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 18 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 15 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€682,288▲ 5.7%
2024 · €645,533
Net result
€99,578▼ 58.5%
2024 · €240,182
Total assets
€966,087▲ 5.0%
2024 · €920,254
Solvency
70.6%▲ 0.5pp
2024 · 70.1%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€130,248▲ 45.9%€168,597▲ 29.4%€184,045▲ 9.2%€355,038▲ 92.9%€156,678▼ 55.9%
Net result€87,324above the sector's middle half▲ 39.0%€115,965above the sector's middle half▲ 32.8%€128,452above the sector's middle half▲ 10.8%€240,182above the sector's middle half▲ 87.0%€99,578above the sector's middle half▼ 58.5%
Equity€336,848within the sector's middle half▲ 35.0%€452,813above the sector's middle half▲ 34.4%€506,801above the sector's middle half▲ 11.9%€645,533above the sector's middle half▲ 27.4%€682,288above the sector's middle half▲ 5.7%
Total assets€431,346within the sector's middle half▲ 32.4%€585,949within the sector's middle half▲ 35.8%€698,842within the sector's middle half▲ 19.3%€920,254above the sector's middle half▲ 31.7%€966,087above the sector's middle half▲ 5.0%
Debt€94,498▲ 23.9%€133,135▲ 40.9%€192,041▲ 44.2%€274,721▲ 43.1%€283,799▲ 3.3%
Working capital€318,834above the sector's middle half▲ 30.3%€437,599above the sector's middle half▲ 37.2%€496,597above the sector's middle half▲ 13.5%€390,157above the sector's middle half▼ 21.4%€430,735above the sector's middle half▲ 10.4%
Solvency78.1%above the sector's middle half▲ 1.5pp77.3%above the sector's middle half▼ 0.8pp72.5%within the sector's middle half▼ 4.8pp70.1%within the sector's middle half▼ 2.4pp70.6%within the sector's middle half▲ 0.5pp
Current ratio4.37above the sector's middle half▲ 0.174.29above the sector's middle half▼ 0.093.59within the sector's middle half▼ 0.702.42within the sector's middle half▼ 1.172.52within the sector's middle half▲ 0.10
Return on assets (ROA)20.2%within the sector's middle half▲ 1.0pp19.8%within the sector's middle half▼ 0.5pp18.4%within the sector's middle half▼ 1.4pp26.1%above the sector's middle half▲ 7.7pp10.3%within the sector's middle half▼ 15.8pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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 falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €966,087
Fixed assets
€251,553 ▼ 1.5%
Current assets
€714,535 ▲ 7.5%
Equity and liabilities €966,087
Equity
€682,288 ▲ 5.7%
Debt
€283,799 ▲ 3.3%
Debt's share of the balance-sheet total falls from 29.9% to 29.4%. Equity and debt are higher.
Key figures and ratios
ROE
14.6%▼
2024 · 37.2%
Debt ≤ 1 year
€283,799▲
2024 · €274,721
Income taxes
€52,448▼
2024 · €112,240
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,226 | €4,534 | €5,010 | €4,828 | €3,824 | ▼ 20.8% |
| Other operating charges640/8 | €1,587 | €2,497 | €1,799 | €2,290 | €2,730 | ▲ 19.2% |
| Gross operating margin9900 | €135,061 | €175,628 | €190,854 | €362,155 | €163,232 | ▼ 54.9% |
| Operating profit (loss)9901 | €130,248 | €168,597 | €184,045 | €355,038 | €156,678 | ▼ 55.9% |
| Financial income75/76B | €1,447 | €2,608 | €2,632 | €359 | €4,191 | ▲ 1,067% |
| Recurring financial income75 | €1,447 | €2,608 | €2,632 | €359 | €4,191 | ▲ 1,067% |
| Financial charges65/66B | €1,698 | €1,178 | €1,073 | €2,975 | €8,843 | ▲ 197% |
| Recurring financial charges65 | €1,698 | €1,178 | €1,073 | €2,975 | €8,843 | ▲ 197% |
| Profit (loss) for the period before taxes9903 | €129,998 | €170,026 | €185,604 | €352,422 | €152,026 | ▼ 56.9% |
| Income taxes67/77 | €42,674 | €54,061 | €57,152 | €112,240 | €52,448 | ▼ 53.3% |
| Profit (loss) for the period9904 | €87,324 | €115,965 | €128,452 | €240,182 | €99,578 | ▼ 58.5% |
| Profit (loss) for the period to be appropriated9905 | €87,324 | €115,965 | €128,452 | €240,182 | €99,578 | ▼ 58.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €431,346 | €585,949 | €698,842 | €920,254 | €966,087 | ▲ 5.0% |
| Fixed assets21/28 | €18,014 | €15,214 | €10,204 | €255,376 | €251,553 | ▼ 1.5% |
| Tangible fixed assets22/27 | €18,014 | €15,214 | €10,204 | €5,376 | €1,553 | ▼ 71.1% |
| Plant, machinery and equipment23 | €988 | €382 | €531 | €839 | €74 | ▼ 91.1% |
| Furniture and vehicles24 | €17,026 | €14,832 | €9,673 | €4,537 | €1,478 | ▼ 67.4% |
| Financial fixed assets28 | - | - | - | €250,000 | €250,000 | = |
| Current assets29/58 | €413,333 | €570,735 | €688,638 | €664,878 | €714,535 | ▲ 7.5% |
| Amounts receivable within one year40/41 | €112,136 | €165,449 | €94,810 | €223,856 | €117,343 | ▼ 47.6% |
| Trade receivables40 | €80,548 | €116,679 | €43,990 | €223,856 | €117,343 | ▼ 47.6% |
| Other amounts receivable41 | €31,588 | €48,770 | €50,819 | - | - | - |
| Current investments50/53 | - | €35,025 | €77,225 | €275,978 | €457,027 | ▲ 65.6% |
| Cash at bank and in hand54/58 | €299,583 | €367,254 | €515,069 | €163,096 | €139,394 | ▼ 14.5% |
| Deferred charges and accrued income490/1 | €1,614 | €3,007 | €1,534 | €1,948 | €772 | ▼ 60.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €431,346 | €585,949 | €698,842 | €920,254 | €966,087 | ▲ 5.0% |
| Equity10/15 | €336,848 | €452,813 | €506,801 | €645,533 | €682,288 | ▲ 5.7% |
| Contributions10/11 | €6,400 | €6,400 | €6,400 | €6,400 | €6,400 | = |
| Reserves13 | €327,921 | €443,887 | €497,874 | €636,606 | €673,361 | ▲ 5.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €326,061 | €442,027 | €497,874 | €636,606 | €673,361 | ▲ 5.8% |
| Profit (loss) carried forward14 | €2,527 | €2,527 | €2,527 | €2,527 | €2,527 | = |
| Amounts payable17/49 | €94,498 | €133,135 | €192,041 | €274,721 | €283,799 | ▲ 3.3% |
| Amounts payable within one year42/48 | €94,498 | €133,135 | €192,041 | €274,721 | €283,799 | ▲ 3.3% |
| Trade debts44 | €11,814 | €15,657 | €11,430 | €4,110 | €9,792 | ▲ 138% |
| Suppliers440/4 | €11,814 | €15,657 | €11,430 | €4,110 | €9,792 | ▲ 138% |
| Taxes, remuneration and social security45 | €82,123 | €116,788 | €106,147 | €141,695 | €138,171 | ▼ 2.5% |
| Taxes450/3 | €82,123 | €116,788 | €106,147 | €134,028 | €138,171 | ▲ 3.1% |
| Remuneration and social security454/9 | - | - | - | €7,667 | - | - |
| Other amounts payable47/48 | €562 | €690 | €74,465 | €128,916 | €135,836 | ▲ 5.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €87,324 | €115,965 | €128,452 | €240,182 | €99,578 | ▼ 58.5% |
| + Depreciation and write-downs630 | €3,226 | €4,534 | €5,010 | €4,828 | €3,824 | ▼ 20.8% |
| Operating cash flow (approximation) | €90,550 | €120,500 | €133,462 | €245,010 | €103,402 | ▼ 57.8% |
| Investment in fixed assets (approximation) | - | -€1,735 | €0 | -€250,000 | €0 | ▲ 100% |
| Change in cash | - | €67,671 | €147,815 | -€351,974 | -€23,702 | ▲ 93.3% |
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
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €240,182 ▲87%
Operating result €355,038, net result €240,182, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500,000Eq €506,801 ▲11.9%
6 profitable years in a row build equity to €506,801.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
19-02
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
2020
31-12
Financial
Weakest financial yearnet €62,824 ▼38.1%
Net result drops to €62,824, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200,000Eq €249,524 ▲33.6%
3 profitable years in a row build equity to €249,524.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Equity above €150,000Eq €186,701 ▲119%
2 profitable years in a row build equity to €186,701.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 2007
Ground area
5,464 m²
Building footprint
363 m²
Volume, LiDAR
2,187 m³
Parcel 37302E0954/00D000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Développement et Gestion de Sites Internets
since 20072.159.684.610
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302E0954/00D000 | Flanders | 5,464 m² | 1 · 363 m² | 9.5 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
10%
According to the 2025 annual accounts of Pamico and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
875500H4Y6WQ5NQ42D83
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 13,351 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded04-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0886188040
Also
9925:BE0886188040
Registered
10-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.