PAK GOLD
ActivePAK GOLD has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €2k. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 61% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▲+8
Solvency72▲+39
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.07 in 2024; short-term debt: 53% and cash: 2.6% of total assets), but 53% of the assets are financed with debt.
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
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 →
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €13k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
46 d late
2024
29 d late
2023
30 d late
2022
150 d late
2021
61 d late
2020
31 d late
2019
14 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k▲ 15.7%
2024 · €11k
2018: €23k
2019: €23k
2020: €31k
2021: €38k
2022: €24k
2023: €11k
2024: €11k
2018 → 2025
Total assets
€27k▼ 81.0%
2024 · €144k
2018: €41k
2019: €36k
2020: €38k
2021: €47k
2022: €49k
2023: €55k
2024: €144k
2018 → 2025
Net result
€2k
2024 · €-26
2018: €29k
2019: €-434
2020: €8k
2021: €8k
2022: €-14k
2023: €-13k
2024: €-26
2018 → 2025
Working capital
€11k▲ 30.0%
2024 · €9k
2018: €23k
2019: €22k
2020: €30k
2021: €31k
2022: €19k
2023: €9k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€24k▼ 37.2%€11k▼ 53.8%€11k▼ 0.2%€13k▲ 15.7%
Operating result€10k-€-14k€-10k▲ 27.8%€3k€3k▲ 15.6%
Net result€8k-€-14k€-13k▲ 9.2%€-26▲ 99.8%€2k
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 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27k
Fixed assets
€2k▼ 34.3%
Current assets
€26k▼ 81.8%
Equity and liabilities €27k
Equity
€13k▲ 15.7%
Debt
€15k▼ 89.1%
The debt ratio falls from 92.3% to 53.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▼
2024 · €5k
Cash flow
€3k▲
2024 · €2k
Solvency
47.0%▲
2024 · 7.7%
Current ratio
1.77▲
2024 · 1.07
Quick ratio
0.15▼
2024 · 0.90
Debt / equity
1.13▼
2024 · 11.96
ROE
13.6%▲
2024 · -0.2%
ROA
6.4%▲
2024 · 0.0%
Interest coverage
2.16▼
2024 · 2.25
Debt
€15k▼
2024 · €133k
Debt ≤ 1 year
€15k▼
2024 · €133k
Income taxes
€-313▼
2024 · €594
Staff costs
€38k▼
2024 · €38k
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€144k€27k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Financial fixed assets28€360€360=
Current assets29/58€142k€26k▼
Stocks and contracts in progress3€22k€24k▲
Stocks30/36€22k€24k▲
Amounts receivable within one year40/41€119k€1k▼
Trade receivables40€116k-
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€253€721▲
Deferred charges and accrued income490/1€264-
Equity and liabilities
Total equity and liabilities10/49€144k€27k▼
Equity10/15€11k€13k▲
Contributions10/11€7k€7k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€2k€4k▲
Amounts payable17/49€133k€15k▼
Amounts payable within one year42/48€133k€15k▼
Trade debts44€14k€3k▼
Suppliers440/4€14k€3k▼
Advances received on contracts in progress46€63k-
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€594€141▼
Remuneration and social security454/9€4k€6k▲
Other amounts payable47/48€52k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€38k€38k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€848▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€45k€46k▲
Operating profit (loss)9901€3k€3k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€568€1k▲
Income taxes67/77€594€-313▼
Profit (loss) for the period9904€-26€2k▲
Profit (loss) for the period to be appropriated9905€-26€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€4k▲
Profit (loss) brought forward from the previous period14P€2k€2k▼
The notes to these accounts (5 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
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 46 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
2022
31-12
Financial
Weakest financial yearnet €-14k ▼288%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Jans-Molenbeek · 1 establishment unit since 2018
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.
Schoolstraat 631080 Sint-Jans-MolenbeekGround area
463 m²
Building footprint
125 m²
Volume, LiDAR
1,688 m³
Parcel 21522B0217/00H000, Brussels · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Schoolstraat 63, 1080 Sint-Jans-Molenbeek
since 20182.273.156.002
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0217/00H000 | Brussels | 463 m² | 1 · 124 m² | 16.2 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.273.156.002
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Of 10,524 companies in sector 47110 we hold annual accounts for 5,859. 3,730 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2007
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.