TD PAGIDAK
The computed 12-month bankruptcy probability of TD PAGIDAK is 1.9% (moderate). The 2025 annual accounts show equity of €530k and a net result of €75k. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 342 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €530k |
| Net result | €75k |
| Staff (FTE) | 9.1 |
| Better than sector | 62% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 47.7% | 38.9% | |
| Net result | €75k | €40k | |
| Equity | €530k | €193k | |
| Gross operating margin | €712k | €230k | |
| Staff costs | €446k | €224k |
Show 12 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €237k |
| Net profit | €75k |
| Cash flow | €191k |
| Staff costs | €446k |
| Income taxes | €28k |
| Dividends | - |
| Total assets | €1.11M |
| Equity | €530k |
| Debt | €581k |
| of which ≤ 1y | €265k |
| of which > 1y | €316k |
| Working capital | €478k |
| Employees (FTE) | 9.1 |
| 2025 | |
|---|---|
| Current ratio | 2.80 |
| Quick ratio | 2.03 |
| Working capital ratio | 43.0% |
| Solvency | 47.7% |
| Debt / equity | 1.10 |
| Long-term debt ratio | 0.60 |
| Interest coverage | 12.68 |
| Gross margin | - |
| Net margin | - |
| ROA | 6.7% |
| ROE | 14.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.11M |
| Fixed assets | 21/28 | €369k |
| Intangible fixed assets | 21 | €46k |
| Tangible fixed assets | 22/27 | €323k |
| Financial fixed assets | 28 | €250 |
| Current assets | 29/58 | €743k |
| Stocks & contracts in progress | 3 | €205k |
| Amounts receivable within one year | 40/41 | €361k |
| Cash & bank | 54/58 | €130k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.11M |
| Equity | 10/15 | €530k |
| Contributions / capital | 10/11 | €50k |
| Reserves | 13 | €480k |
| Amounts payable | 17/49 | €581k |
| Amounts payable after one year | 17 | €316k |
| Amounts payable within one year | 42/48 | €265k |
| Trade debts payable within one year | 44 | €101k |
| Income statement | ||
| Gross operating margin | 9900 | €712k |
| Operating result | 9901 | €121k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €19k |
| Result before taxes | 9903 | €103k |
| Income taxes | 67/77 | €28k |
| Net result for the period | 9904 | €75k |
| Result to be appropriated | 9905 | €75k |
| NACE primary | Dakwerkzaamheden(43410) |
| Legal form | Private limited company(610) |
| Incorporation | 13-11-2020 |
| Status | Active |
| Postal code | 9400 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41012B0360/00B002 | Flanders | 749 m² | 1 · 135 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
08-05-2026 Seat change · Board meeting · Officer appointment · Act object
- Filing: 2026-04-29 · TD Pagidak
- Publication: 2026-05-08 · TD Pagidak
- Seat change: to: Edingsesteenweg 253, 9400 Ninove, from: Pamelstraat-Oost 420, 9400 Ninove, effective_date: 2026-04-21 · TD Pagidak
- Board meeting: 2026-04-21 · TD Pagidak
- Officer appointment: role: Bestuurder · Thierry De Picker
- Act object: Zetel (zetelverplaatsing)
Technical details
{
"facts": [
{
"type": "filing",
"quote": "NEERLEGGING TER GRIFFIE VAN DE ONDERNEMINGSRECHTBANK GENT afdeling DENDERMONDE 29 APR. 2026",
"value": "2026-04-29",
"object": null,
"subject": "e1"
},
{
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 08/05/2026",
"value": "2026-05-08",
"object": null,
"subject": "e1"
},
{
"type": "seat_change",
"quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van Pamelstraat-Oost 420, 9400 Ninove naar Edingsesteenweg 253, 9400 Ninove, en dit vanaf 21/04/2026.",
"value": {
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"effective_date": "2026-04-21"
},
"object": null,
"subject": "e1"
},
{
"type": "board_meeting",
"quote": "Op 21/04/2026 heeft het bevoegde bestuursorgaan als volgt beslist:",
"value": "2026-04-21",
"object": null,
"subject": "e1"
},
{
"type": "officer_appointment",
"quote": "Voor de vennootschap Thierry De Picker Bestuurder",
"value": {
"role": "Bestuurder"
},
"object": "e1",
"subject": "e2"
},
{
"type": "act_object",
"quote": "Onderwerp akte: Zetel (zetelverplaatsing)",
"value": "Zetel (zetelverplaatsing)",
"object": null,
"subject": null
}
],
"act_meta": {
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},
"entities": [
{
"id": "e1",
"kbo": "0758.407.762",
"kind": "company",
"name": "TD Pagidak",
"attrs": {
"new_seat": "Edingsesteenweg 253, 9400 Ninove",
"old_seat": "Pamelstraat-Oost 420, 9400 Ninove",
"legal_form": "Besloten vennootschap (BV)"
}
},
{
"id": "e2",
"kbo": null,
"kind": "person",
"name": "Thierry De Picker",
"attrs": {
"role": "Bestuurder"
}
}
]
}04-06-2021 Registered office moved within Ninove
- Windekeveldweg 6, 9400 Ninove → Pamel-Oost 420, 9400 Ninove
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Ninove",
"region": null,
"street": "Pamel-Oost",
"country": "BE",
"postcode": "9400",
"box_number": null,
"street_number": "420"
},
"old_address": {
"city": "Ninove",
"region": null,
"street": "Windekeveldweg",
"country": "BE",
"postcode": "9400",
"box_number": null,
"street_number": "6"
},
"effective_date": "2021-04-01",
"evidence_quote": "Er wordt voorgesteld de maatschappelijke zetel te verplaatsen naar Pamel-Oost 420 te 9400 Ninove."
}
],
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"subject_company": {
"kbo": "0758.407.762",
"name_full": "TD PAGIDAK",
"legal_form": "BV"
}
}17-11-2020 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Windekeveldweg 6, 9400 Ninove",
"schema": "v3.2",
"act_meta": {
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"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "DE PICKER Thierry",
"niss": null,
"address": "Edingsesteenweg 371, 9400 Ninove (Denderwindeke)"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 50000,
"holder_person_name": "DE PICKER Thierry",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
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}
],
"capital_eur": 50000,
"subject_company": {
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"name_full": "TD PAGIDAK",
"legal_form": "BV"
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"initial_directors": [],
"incorporation_date": "2020-11-13",
"post_incorporation_mandates": []
}| Legal nameNL | TD PAGIDAK |