Equity
-€16,153
Debts exceed assets in financial year 2025.
Pardaens
Overview
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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The scores and ratios are Checked's own calculations, not a credit decision.
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
Annual accounts 2025
- €8,874▼ 53.5%
- €9,358
- -€16,153▼ 138%
- €199,123▼ 4.6%
- Filing
- Filed on 27-08-2026
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.
Financials
Annual accounts 2025
micro format, filed on 27-08-2026, 27 days late€8,874
▼ 53.5%
-€1,199
▼ €9,811
-€9,358
▼ €12,309
-€80,662
▼ €11,488
-8.1%
▼ 4.9 percentage points
0.24
▼ 0.05
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €73,000. Estimated: probably between €48,000 and €150,000.
Balance sheet
balance sheet total €199,123 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-8.1%
Higher than 8% of 35,156 companies in 2025.
0.24
Lower than 95% of 34,529 companies in 2025.
-4.7%
Higher than 16% of 34,730 companies in 2025.
Pardaens
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
199,123 | 208,775 | 212,141 | |
21/28 |
173,398 | 180,601 | 186,365 | |
22/27 |
173,398 | 180,601 | 186,365 | |
22 |
168,353 | 173,648 | 178,943 | |
23 |
5,045 | 6,579 | 5,552 | |
24 |
- | 374 | 1,870 | |
29/58 |
25,726 | 28,174 | 25,776 | |
40/41 |
23,293 | 15,387 | 7,852 | |
40 |
22,327 | 14,240 | 6,517 | |
41 |
966 | 1,147 | 1,335 | |
54/58 |
1,245 | 12,541 | 17,667 | |
490/1 |
1,188 | 245 | 257 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
199,123 | 208,775 | 212,141 | |
10/15 |
-16,153 | -6,795 | -9,747 | |
10/11 |
100 | 100 | 100 | |
14 |
-16,253 | -6,895 | -9,847 | |
17/49 |
215,276 | 215,571 | 221,888 | |
17 |
108,889 | 118,222 | 127,556 | |
170/4 |
108,889 | 118,222 | 127,556 | |
42/48 |
106,388 | 97,348 | 94,333 | |
42 |
9,333 | 9,333 | 9,333 | |
44 |
19,098 | 4,424 | 28,469 | |
440/4 |
19,098 | 4,424 | 28,469 | |
45 |
820 | 435 | 105 | |
450/3 |
820 | 435 | 105 | |
47/48 |
77,136 | 83,156 | 56,426 | |
| Income statement | ||||
76A |
2,341 | - | - | |
9900 |
8,874 | 19,082 | 8,027 | |
62 |
- | - | 1,176 | |
630 |
7,881 | 8,593 | 11,938 | |
640/8 |
2,192 | 1,877 | 1,486 | |
9901 |
-1,199 | 8,611 | -6,574 | |
75/76B |
4 | - | - | |
75 |
4 | - | - | |
65/66B |
7,958 | 5,330 | 3,168 | |
65 |
7,958 | 5,330 | 3,168 | |
9903 |
-9,153 | 3,282 | -9,742 | |
67/77 |
205 | 330 | 105 | |
9904 |
-9,358 | 2,951 | -9,847 | |
9905 |
-9,358 | 2,951 | -9,847 | |
| Appropriation of the result | ||||
9906 |
-16,253 | -6,895 | -9,847 | |
14P |
-6,895 | -9,847 | - | |
| Document | ||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00436239.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 6,681 | 17,205 | 5,364 | ||
| -1,477 | 11,545 | 2,092 | ||
| 1,051 | 2,829 | 191,043 | ||
| -11,297 | -5,125 | - | ||
| -80,662 | -69,174 | -68,557 | ||
| -8.1% | -3.3% | -4.6% | ||
| 0.24 | 0.29 | 0.27 | ||
| -4.7% | 1.4% | -4.6% | ||
| 0.84 | 3.23 | 1.69 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Mortgages, amount registered | - | - | €14,500 |
| Carrying value of the mortgaged assets | - | - | €173,343 |
Source: notes to the 2023 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,051 | €2,829 | €191,043 |
| €7,881 | €8,593 | €11,938 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Pardaens
The operating result for 2025 is a loss of €1,199, after a profit of €8,611 in 2024.
Equity is negative. Debt (€215,276) exceeds the balance-sheet total (€199,123).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 23-03-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 27-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere machten…”deed of 23-03-2023
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 23-03-2023, still in office
Control
Founder
This company
Pardaens
Equity -€16,153
Loss €9,358 in 2025
Capital
- Contribution
- €100
- Shares
- 100
- Contribution per share
- €1
- Equity per share
- -€162 in 2025
- Source
- deed of 23-03-2023
Articles of association
deed of 23-03-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Saturday of June at 15:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 23-03-2023 ↗
- 100 shares (100%) · €100 · achtergestelde lening
Network & group
No group
Pardaens has no parent and no holdings in its annual accounts. is the only director. Pardaens shares no director with another company.
Timeline
Timeline
7 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 27 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0799730752
Annual accounts 2024 filed PDFmicro format · 28 days late
2024
Back to profit net €2,951 The net result is €2,951, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · 28 days late
2023
IncorporationFounding capital of €100, 100 shares · Founder: (shareholder and founder) · Appointment: (director) · published on 23-03-20236 points ▸
- Registered office clause, Beekstraat 93, 9506 Geraardsbergen (Zandbergen)
- Founder, (shareholder and founder)
- Founding capital, €100, 100 shares
- Capital contribution, €45,000
- Board rule, 1
- Director appointment, (director (not named in the articles))
- The deed holds 6 more points.
First establishment Elektriciteitswerken Pardaens, Beekstraat 93, Geraardsbergen
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0799.730.752
- VAT number
- BE 0799.730.752
- Peppol ID
- 0208:0799730752
- Other Peppol ID
- 9925:BE0799730752
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-03-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Saturday of June at 15:00deed of 23-03-2023 (in Dutch)
- Peppol
- Reachable since 19-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Pardaens in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 23-03-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”“Beekstraat 93, 9506 Geraardsbergen (Zandbergen)”deed of 23-03-2023 (in Dutch)
Activities
NACEBEL 202543211
General electrical installation work main activity
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
41201
General construction of buildings
41203
Construction of residential and non-residential buildings
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van…”deed of 23-03-2023 (in Dutch)
29 activities
- Het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten vennootschappen en het beheer van een roerend vermogen.
- Metsel- en betonwerken;
- Sanitaire installaties-loodgieter;
- Installaties voor gasverwarming met individuele toestellen;
- Het produceren en/of plaatsen in gebouwen,in eigen aanneming,of in onderaanneming van alle mogelijke vormen van dakconstructies en dakafwerking van gebouwen;
- Zinkwerken,plaatsen van metalen dakbedekkingen;
- Veiligheidscoördinatie;
- Dichtingswerken,asfaltwerken;
- Onderneming voor het optrekken van gebouwen;
- Als algemene onderneming de bedrijvigheden coördineren die betrekking hebben op de gehele of gedeeltelijke uitvoering van bouwvoltooiingswerken door onderaannemers;
- Groot- en kleinhandel in bouwmaterialen en toebehoren;
- Algemene bouwonderneming;bouwpromotor;
- Aanleggen van terrassen en opritten;
- Schrijnwerk van hout of kunststof;
- PVC,metalen en aluminiumschrijnwerk;
- Isolatiewerkzaamheden;
- Overige bouwinstallatie,n.e.g;
- Vochtbestrijding;
- Het plaatsen van zonnepanelen en toebehoren;
- Het beheer en toezicht voeren over alle andere vennootschappen en ondernemingen van welke aard ook;
- De verwerving van participaties onder gelijk welke vorm ook in handels-,industriële en financiële ondernemingen,zo Belgische als buitenlandse,het beheer,evenals het te gelde maken van deze participaties,de verwerving door deelneming,inschrijving,aankoop,optie of om het even welk ander middel,van alle deelbewijzen,aandelen,obligaties,waarden en titels;het bevorderen van de oprichting van vennootschappen door inrichting,participaties of investeringen;
- Het toestaan van leningen en kredietopeningen aan vennootschappen en/of particulieren,onder om het even welke vorm.In dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen;
- Het waarnemen van alle beheersopdrachten,het uitoefenen van mandaten en functies welke rechtstreeks of onrechtstreeks met haar maatschappelijk doel verband houden;
- Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin,met uitzondering van adviesverschaffing inzake beleggingen en geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur;het verlenen van alle dienstprestaties en het uitvoeren van alle opdrachten onder de vorm van organisatiestudies,expertises,technische handelingen en raadgevingen of andere op eender welk vlak binnen het maatschappelijk doel;
- De samenstelling en beheer van een onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,het verwerven door aankoop,het verkopen,het ruilen,het bouwen,het verbouwen,het doen bouwen of verbouwen,het verbeteren,het uitrusten,het aanpassen,het verfraaien,het onderhouden,het verhuren,het huren,het verkavelen,het prospecteren,en het uitbaten van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van die aard zijn de uitbreiding en de opbrengst van de onroerende goederen te bevorderen,alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen;
- Onderwijs- en adviesverstrekking op het vlak van management,handels- en sociale aangelegenheden en alle bijhorende dienstprestaties;
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in het kort tussenpersoon in de handel.
- 1. Voor eigen rekening
- 2. Voor eigen rekening,voor rekening van derden,of in deelneming van derden
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Elektriciteitswerken Pardaens registered office Beekstraat 93, 9506 Geraardsbergen | 21-03-2023 | 2.344.430.414 |
Buildings and parcels at the address
- Ground area
- 595 m²
- Buildings
- 174 m²
- Volume, LiDAR
- 663 m³
- Tallest building
- 5.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41078A0434/00N000 | 595 m² | 1 · 174 m² | 5.4 m · 1 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0799.730.752