Financials
- Fiscal year
- 2025
- Total assets
- €37.2m
- Loss
- -€1.1m
- Solvency
- 1.3%
Total assets▲ 448%
Net result
20192025
PAKERA
ActiveSummary
The annual accounts of PAKERA for fiscal year 2025 show a net loss of 68% of the equity at the start of that year. The 2025 annual accounts show equity of €491,400 and a net result of -€1.1m. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 13% of 9138 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Activity
Wholesale trade
NACE 46835Wholesale of construction materials, general range NACE 46831
1 site
Size
€37.2mtotal assets 2025
- Staff
- 2.8 FTE
- Equity
- €491,400
- Loss
- -€1.1m
Turnover not published (abridged schema)Net result -3,591%: other schema
Structure
- Parent
- UNITED TILES BELGIUM · 100%
- Holdings
- 4
Accounts 29 d early0 of 10 deeds read
Why 53Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Liquidity: current ratio 0.65, cash €100,211- 1 change of registered office in 24 months- Equity €491,400 (1.3% of total assets)+ Size: total assets €37.2mShow the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 17% of its sector peers (NACE 46, medium-sized)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
26-22
equity 1.3% of total assets
Liquidity
38-12
short-term debt 29.1% · cash 0.3%
Profitability
15-21
return on assets -2.9%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%lowest value
12-2024: 0.2%● 0.0% vs 11-2024lowest value
01-2025: 0.2%● 0.0% vs 12-2024lowest value
02-2025: 0.2%● 0.0% vs 01-2025lowest value
03-2025: 0.2%▲ +5.6% vs 02-2025
04-2025: 0.2%▲ +8.6% vs 03-2025
05-2025: 0.2%▲ +3.0% vs 04-2025
06-2025: 0.2%▲ +12.4% vs 05-2025
07-2025: 0.3%▲ +35.3% vs 06-2025
08-2025: 0.5%▲ +50.3% vs 07-2025
09-2025: 0.5%● 0.0% vs 08-2025
10-2025: 0.5%● 0.0% vs 09-2025
11-2025: 0.5%● 0.0% vs 10-2025
12-2025: 0.5%● 0.0% vs 11-2025
01-2026: 0.5%● 0.0% vs 12-2025
02-2026: 0.5%● 0.0% vs 01-2026
03-2026: 0.5%▲ +5.0% vs 02-2026
04-2026: 0.6%▲ +9.8% vs 03-2026
05-2026: 0.7%▲ +21.4% vs 04-2026
06-2026: 0.7%▲ +7.8% vs 05-2026
07-2026: 0.7%▲ +2.8% vs 06-2026highest value
08-2026: 0.5%▼ -30.0% vs 07-2026
09-2026: 0.5%● 0.0% vs 08-2026
10-2026: 0.5%● 0.0% vs 09-2026
- Liquidity: current ratio 0.65, cash €100,211 raises the probability
- Size: total assets €37.2m lowers the probability for this profile
- 1 change of registered office in 24 months raises the probability
- Equity €491,400 (1.3% of total assets) raises the probability
Credit up to €25,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.65 against 0.03 in 2024; short-term debt: 29.1% and cash: 0.3% of total assets), and 98.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, medium-sized). Better than this share of them on solvency 6%, liquidity 52%, profitability 8%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€1.1m
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9138 sector peers (2025).
NBB · sector comparisonPosition among 9138 sector peers
Solvency
better than 13%
← 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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
24 d early
2023
27 d early
2022
18 d early
2021
40 d early
2020
46 d early
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 6 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet -€1.1m
- Annual accounts filedfiscal year 2024 · micro…
Key points
- Caution: Result fell in 2025different schema filed ▼ 3,591% View
- Caution: Among the weakest 5% on net resultsector median €28,137 · 9,117 companies -€1.1m View
- Controlled by UNITED TILES BELGIUMitself parent of 9 companies 100% View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss fiscal year 2025 -€1.1m View
By topic
Board & ownership
- Parent
- UNITED TILES BELGIUM · 100%
Network & group
- Subsidiaries
- 9
- Holdings
- 4
9 subsidiaries
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 02-07-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 07-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Wholesale tradeNACE 46835
- Founded
- 19-02-2002
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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