PARDAF
ActivePARDAF has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-639) and a net result of €36k. Equity is shrinking by ~44.9% per year across the filed fiscal years. Its solvency ranks better than 22% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+33
Solvency24▲+24
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 0.47 in 2024; short-term debt: 100.6% and cash: 74.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.6%
Return on assets
31.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 18173 sector peers (2025).
NBB · sector comparisonPosition among 18173 sector peers
Solvency
better than 22%
← weakest
strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
31 d early
2023
29 d late
2022
30 d late
2021
29 d late
2020
89 d late
2019
137 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-639▲ 98.2%
2024 · €-36k
2018: €56k
2019: €64k
2020: €2k
2021: €-14k
2022: €-32k
2023: €-44k
2024: €-36k
2018 → 2025
Total assets
€114k▲ 40.9%
2024 · €81k
2018: €146k
2019: €133k
2020: €157k
2021: €126k
2022: €90k
2023: €97k
2024: €81k
2018 → 2025
Net result
€36k▲ 347%
2024 · €8k
2018: €37k
2019: €9k
2020: €-63k
2021: €-15k
2022: €-18k
2023: €-13k
2024: €8k
2018 → 2025
Working capital
€-30k▲ 45.8%
2024 · €-56k
2018: €32k
2019: €6k
2020: €-3k
2021: €-34k
2022: €-68k
2023: €-50k
2024: €-56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-14k-€-32k▼ 132%€-44k▼ 39.5%€-36k▲ 18.0%€-639▲ 98.2%
Operating result€-11k-€-16k▼ 41.6%€-9k▲ 45.1%€14k€40k▲ 197%
Net result€-15k-€-18k▼ 18.2%€-13k▲ 30.6%€8k€36k▲ 347%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 197% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€30k▼ 5.7%
Current assets
€85k▲ 70.2%
Key figures and ratios
EBITDA
€50k▲
2024 · €23k
Cash flow
€45k▲
2024 · €17k
Solvency
-0.6%▲
2024 · -44.8%
Current ratio
0.74▲
2024 · 0.47
Quick ratio
0.74▲
2024 · 0.47
ROA
31.2%▲
2024 · 9.8%
Interest coverage
11.03▲
2024 · 4.31
Debt
€115k▼
2024 · €117k
Debt ≤ 1 year
€115k▲
2024 · €105k
Debt > 1 year
€0▼
2024 · €12k
Income taxes
€386▼
2024 · €398
Staff costs
€143k▼
2024 · €158k
Equity ratios withheld: equity of €-639 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€81k€114k▲
Fixed assets21/28€31k€30k▼
Tangible fixed assets22/27€31k€30k▼
Plant, machinery and equipment23€7k€28k▲
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€22k€0▼
Current assets29/58€50k€85k▲
Amounts receivable within one year40/41€2k€88▼
Trade receivables40€2k€0▼
Other amounts receivable41€524€88▼
Cash at bank and in hand54/58€47k€85k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€81k€114k▲
Equity10/15€-36k€-639▲
Contributions10/11€19k€19k=
Reserves13€46k€46k=
Non-distributable reserves130/1€29k€29k=
Reserves not available under the articles1311€29k€29k=
Tax-exempt reserves132€844€844=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€-101k€-65k▲
Amounts payable17/49€117k€115k▼
Amounts payable after more than one year17€12k€0▼
Financial debts170/4€12k€0▼
Amounts payable within one year42/48€105k€115k▲
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Advances received on contracts in progress46€40k€35k▼
Taxes, remuneration and social security45€21k€33k▲
Taxes450/3€10k€14k▲
Remuneration and social security454/9€10k€19k▲
Other amounts payable47/48€37k€37k▲
Income statement
Code20242025
Non-recurring operating income76A€8k€0▼
Remuneration, social security and pensions62€158k€143k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€21k€2k▼
Gross operating margin9900€202k€195k▼
Operating profit (loss)9901€14k€40k▲
Financial income75/76B€32€203▲
Recurring financial income75€32€203▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€8k€36k▲
Income taxes67/77€398€386▼
Profit (loss) for the period9904€8k€36k▲
Profit (loss) for the period to be appropriated9905€8k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-101k€-65k▲
Profit (loss) brought forward from the previous period14P€-109k€-101k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after 4 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-63k ▼819%
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
15-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 137 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 1984
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gemeentestraat 82060 AntwerpenGround area
488 m²
Building footprint
488 m²
Volume, LiDAR
5,493 m³
Parcel 11808H1255/00C000, Flanders · tallest building 21.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PARDAF BVBA
since 19842.023.613.604
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1255/00C000 | Flanders | 488 m² | 1 · 488 m² | 21.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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LA GERABOTTE
BE 0893.608.540
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KASSAS
BE 0743.436.803
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CARNABY RECORDS
BE 0434.408.857
Liège · Eq €2k
COMOTE-TEX
BE 0550.497.269
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SIXSIXSIX
BE 0719.668.437
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Of 950 companies in sector 47792 we hold annual accounts for 184. 41 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-12-1983
Fiscal year end31-12
Activities, NACEBEL
47792Retail sale of second-hand clothing
52502
47620Retail trade
47621Retail sale of newspapers and periodicals
52470
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.