Equity
-€16,153
Debts exceed assets in financial year 2025.
Pardaens
Lifetime
3 annual accounts with figures on one time axispeak €19,082 (2024)
€8,874▼ 53.5%
lowest -€9,847 (2023)
-€9,358▼ €12,309
peak -€6,795 (2024)
-€16,153▼ €9,358
€215,276▼ 0.1%
Board1 name since 2023
1 director
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €19,082 to €8,874Loss of €9,358Equity from -€6,795 to -€16,153Cash from €12,541 to €1,245
Key points
from the 2025 annual accountsTurnover
≈ €73,000 estimated
The micro format states no turnover.
Debts
€215,276 108% of the balance sheet
Financial debts 51%Suppliers 9%Taxes and wages 0%Other 40%
Of this, €106,388 falls due within a year.
Filings
3 annual accounts 3 late
The 2023 accounts came latest: 28 days after the end of the period.
Starting capital
€100 100 shares
Position in the sector
-€16,153
Less equity than 95% of companies in specialised construction. Sector median €57,716 · 35,168 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as Pardaens has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,555 companies, not a prediction for Pardaens. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799730752
Incorporation
Founding capital of €100, 100 shares · Founder: (shareholder and founder) · Appointment: (director) · published on 23-03-2023 · Gazette deed
First establishment
Elektriciteitswerken Pardaens, Beekstraat 93, Geraardsbergen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Pardaens Geraardsbergen | €199,123 | €8,874 | -8.1% | - |
| De Graeve - Siau Dendermonde | €184,653 | €8,530 | 9.3% | - |
| Eco + Projects Affligem | €161,403 | €8,608 | 5.3% | - |
| Aelterman Management Lokeren | €216,021 | €10,289 | 63.0% | - |
| GRIDctrl Wetteren | €259,815 | €12,926 | 9.2% | - |
| PerfectLights Hamme (Vl.) | €171,592 | €12,176 | 18.3% | - |
| Melvin WILLEMS Sint-Niklaas | €160,050 | €13,733 | 48.5% | - |
These companies have the same main activity as Pardaens: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €160,000 and €260,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 21-03-2023Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.344.430.4149506 Geraardsbergen, since 21-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Insights on Pardaens
Pardaens files the micro format. That format states no turnover. The gross margin rose from €8,027 in 2023 to €8,874 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Pardaens
- What is the company number of Pardaens?
- The company number of Pardaens is 0799.730.752. The VAT number is the same number with BE in front: BE 0799.730.752.
- Where is Pardaens based?
- The registered office is at Beekstraat 93, 9506 Geraardsbergen.Company details
- What does Pardaens do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Pardaens?
- Pardaens is a private limited company (BV).
- When was Pardaens founded?
- Pardaens was founded on 21-03-2023.
- Is Pardaens still active?
- Yes, Pardaens is an active enterprise in the KBO register.
- What is the turnover of Pardaens?
- The turnover in financial year 2025 is ≈ €73,000. This figure is estimated from the gross margin of €8,874 and 97 comparable companies (NACE 43211). It probably lies between €48,000 and €150,000. It is a rough estimate.Financials
- Is Pardaens profitable?
- In financial year 2025, Pardaens made a loss of €9,358.
- Where can I find the annual accounts of Pardaens?
- Pardaens filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Pardaens due?
- Pardaens must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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