PACICO FRERES
PACICO FRERES has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151k and a net result of €-8k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 334 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €151k |
| Net result | €-8k |
| Better than sector | 59% |
| Active | 38 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
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 | 58.4% | 48.8% | |
| Net result | €-8k | €6k | |
| Equity | €151k | €77k | |
| Gross operating margin | €9k | €40k | |
| Staff costs | €170 | €51k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €5k | €57k | €30k | €9k | €-4k |
| Net profit | €-8k | €35k | €18k | €6k | €-11k |
| Cash flow | €2k | €45k | €26k | €11k | €-6k |
| Staff costs | €170 | €6k | €52k | €43k | €38k |
| Income taxes | €1k | €9k | €3k | €-89 | €1k |
| Dividends | €9k | - | - | - | - |
| Total assets | €258k | €322k | €320k | €244k | €198k |
| Equity | €151k | €167k | €132k | €114k | €108k |
| Debt | €107k | €154k | €188k | €130k | €90k |
| of which ≤ 1y | €96k | €136k | €164k | €130k | €90k |
| of which > 1y | €11k | €18k | €24k | - | - |
| Working capital | €92k | €109k | €70k | €68k | €57k |
| Employees (FTE) | - | - | 1.1 | 1.0 | 1.3 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.96 | 1.80 | 1.43 | 1.52 | 1.63 |
| Quick ratio | 1.58 | 1.39 | 1.10 | 1.25 | 1.42 |
| Working capital ratio | 35.7% | 33.8% | 21.8% | 27.8% | 28.7% |
| Solvency | 58.4% | 52.0% | 41.2% | 46.7% | 54.5% |
| Debt / equity | 0.71 | 0.92 | 1.43 | 1.14 | 0.84 |
| Long-term debt ratio | 0.07 | 0.11 | 0.18 | - | - |
| Interest coverage | 3.07 | 22.76 | 19.19 | 9.73 | -8.12 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -2.9% | 11.0% | 5.7% | 2.4% | -5.6% |
| ROE | -5.0% | 21.1% | 13.9% | 5.1% | -10.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €258k | €322k | €320k | €244k | €198k |
| Fixed assets | 21/28 | €70k | €77k | €87k | €46k | €51k |
| Tangible fixed assets | 22/27 | €70k | €77k | €87k | €46k | €51k |
| Financial fixed assets | 28 | €25 | €25 | €25 | €25 | €25 |
| Current assets | 29/58 | €188k | €245k | €234k | €197k | €147k |
| Stocks & contracts in progress | 3 | €36k | €55k | €54k | €36k | €19k |
| Amounts receivable within one year | 40/41 | €65k | €82k | €95k | €73k | €54k |
| Cash & bank | 54/58 | €81k | €102k | €80k | €78k | €68k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €258k | €322k | €320k | €244k | €198k |
| Equity | 10/15 | €151k | €167k | €132k | €114k | €108k |
| Contributions / capital | 10/11 | €24k | €24k | €24k | €24k | €24k |
| Reserves | 13 | €72k | €81k | €81k | €81k | €81k |
| Accumulated profits (losses) | 14 | €55k | €62k | €27k | €9k | €3k |
| Amounts payable | 17/49 | €107k | €154k | €188k | €130k | €90k |
| Amounts payable after one year | 17 | €11k | €18k | €24k | - | - |
| Amounts payable within one year | 42/48 | €96k | €136k | €164k | €130k | €90k |
| Trade debts payable within one year | 44 | €45k | €52k | €91k | €64k | €38k |
| Income statement | ||||||
| Gross operating margin | 9900 | €9k | €69k | €85k | €53k | €38k |
| Operating result | 9901 | €-5k | €47k | €23k | €4k | €-9k |
| Financial income | 75 | €55 | €133 | €0 | €3k | €61 |
| Financial charges | 65 | €2k | €2k | €2k | €941 | €521 |
| Result before taxes | 9903 | €-6k | €44k | €21k | €6k | €-10k |
| Income taxes | 67/77 | €1k | €9k | €3k | €-89 | €1k |
| Net result for the period | 9904 | €-8k | €35k | €18k | €6k | €-11k |
| Result to be appropriated | 9905 | €-8k | €35k | €18k | €6k | €-11k |
| NACE primary | Cutting, shaping and finishing of stone(23700) |
| Legal form | Private limited company(610) |
| Incorporation | 30-09-1987 |
| Status | Active |
| Postal code | 6032 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52352B0408/00V009 | Wallonia | 342 m² | 1 · 45 m² | - |
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.
20-12-2023 PACICO Olivier reappointed as director
- PACICO Olivier, Bestuurder
Technical details
{
"events": [
{
"kind": "decharge_granted",
"role": "gerant",
"person": {
"rrn": null,
"name": "PACICO Olivier",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin \u00E0 la fonction du g\u00E9rant actuel Monsieur PACICO Olivier pr\u00E9nomm\u00E9 ; et de lui donner d\u00E9charge compl\u00E8te et enti\u00E8re pour l\u2019ex\u00E9cution de son mandat.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_renew",
"role": "administrateur",
"person": {
"rrn": null,
"name": "PACICO Olivier",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": null,
"statutory": "niet_statutair",
"compensated": true,
"effective_date": null,
"evidence_quote": "elle proc\u00E8de imm\u00E9diatement au renouvellement de sa nomination comme administrateur non statutaire pour une dur\u00E9e illimit\u00E9e, ce que Monsieur PACICO Olivier pr\u00E9nomm\u00E9, ici pr\u00E9sent, accepte.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Sophie LEFEVRE",
"firm_city": null,
"firm_name": "Sophie LEFEVRE \u2013 Notaire",
"office_city": "Charleroi",
"is_associated": true
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-12-20",
"filing_date": "2023-12-16",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-15",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-15",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-15",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-15",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-15",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-15",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0432.137.770",
"name_full": "PACICO FRERES",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Sophie LEFEVRE",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameFR | PACICO FRERES |