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PG Paper Company

Active
Private limited companyfounded 2022active for 4 yearsLeonardo da Vincilaan 19 A, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 0785.331.992
Summary

The computed 12-month bankruptcy probability of PG Paper Company is 2.0% (moderate). The 2025 annual accounts show equity of €28,431 and a net result of €16,644. Equity has been growing by about 99% per year since 2023. Its solvency ranks better than 55% of 1,185 sector peers (NACE 52, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 22-04-2022 Normal situation
Registered office
10 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
Logistics services NACE 52250and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2025
Establishment unit
2.330.732.133 1831 Machelen (Brab.), since 22-04-2022
Financial year end
31 March
Peppol
Reachable since 27-03-2026

Board and ownership

Board

Financial position

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Annual accounts to 31-03-2025
Gross margin
€135,157
▲ 46.8%
Turnover
≈ €340,000
estimated
Profit
€16,644
▲ 148%
Equity
€28,431
▲ 141%
Total assets
€58,873
▲ 10.2%
Employees on 31-03-2025
1
  • 2026 accounts not filed, 4 days past the deadline
Score breakdownraises riskFounded in 2022Sector: Warehousing and support activities for transportation (NACE 52)Size: total assets €58,873lowers riskLiquidity: current ratio 1.97, cash €19,821Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 78% of micro companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Strong
Solvency 73+26
equity 48.3% of total assets
Liquidity 67+29
short-term debt 50.5% · cash 33.7%
Profitability 100+31
return on assets 28.3%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,304 companies, NACE 52, micro)
Last 24 months 12-2024: 2.4% 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.3%▼ -0.1 percentage points vs 03-2025 05-2025: 2.3%● unchanged vs 04-2025 06-2025: 2.4%▲ +0.1 percentage points vs 05-2025 07-2025: 2.5%▲ +0.1 percentage points vs 06-2025 08-2025: 2.6%▲ +0.1 percentage points vs 07-2025 09-2025: 2.5%▼ -0.1 percentage points vs 08-2025 10-2025: 2.7%▲ +0.2 percentage points vs 09-2025 11-2025: 3.6%▲ +0.9 percentage points vs 10-2025highest value 12-2025: 1.3%▼ -2.3 percentage points vs 11-2025 01-2026: 0.9%▼ -0.4 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026lowest value 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.1 percentage points vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.5%▲ +0.4 percentage points vs 09-2026 11-2026: 2.0%▲ +0.5 percentage points vs 10-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.97 (1.28 in 2024), above the usual 1.5. Short-term debt is 50.5% and cash 33.7% of total assets. However, 51.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, micro). It does better than 56% of them on solvency, 71% on liquidity, 93% on profitability and 93% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.97, cash €19,821
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
raises risk · Size: total assets €58,873
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2026
not filed
2025
on the day
2024
9 days early
2023
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 4 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Recent changes

  1. · Gazette deed IncorporationAppointment: GUPTAPuneet (gewone bestuurder)
All 5 events

Comparable companies

These companies have the same main activity as PG Paper Company: logistics services (NACE 52250). They are comparable in size and age: total assets between €47,800 and €88,300, founded between 2021 and 2022.

CompanyTotal assetsGross margin
PG Paper Company Machelen (Brab.)€58,873€135,157
Wouters Logistics Aartselaar€78,270€134,363
GLOBAL LOGISTIC Elsene€47,796€195,795
AT CUSTOMS Herstal€57,741€102,803
TRAPHI LOGISTICS Beringen€88,320€143,554
VDP LogistX Pecq€85,495€82,872
Suriname Belgium Express Antwerpen€83,529€225,288
Full comparison

Key facts about PG Paper Company

What is the company number of PG Paper Company?
The company number of PG Paper Company is 0785.331.992. The VAT number is the same number with BE in front: BE 0785.331.992.
Where is PG Paper Company based?
The registered office is at Leonardo da Vincilaan 19 A, 1831 Machelen (Brab.).Company details
What does PG Paper Company do?
According to the KBO register, the main activity is logistics services (NACE 52250).
What is the legal form of PG Paper Company?
The legal form of PG Paper Company is Private limited company (BV).
When was PG Paper Company founded?
PG Paper Company was founded on 22-04-2022.
Is PG Paper Company still active?
Yes, PG Paper Company is an active enterprise in the KBO register.
How many employees does PG Paper Company have?
PG Paper Company had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PG Paper Company fall under?
In its 31-03-2025 annual accounts, PG Paper Company states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of PG Paper Company?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €135,157 and 2,215 comparable companies of the same size. It probably lies between €230,000 and €520,000. It is a rough estimate.
Is PG Paper Company profitable?
In financial year 2025, PG Paper Company made a profit of €16,644.
Where can I find the annual accounts of PG Paper Company?
PG Paper Company filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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