Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PADA INVEST from Lummen, company number BE0479568196, closed financial year 2024 with a result of € -8,948 after tax. For that financial year PADA INVEST recorded a gross margin of € 18,192 and equity of € 82,327. Compared with financial year 2023, the result moved from € 14,776 to € -8,948. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2025.
€ 82,327
▼ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,948
▼ still € 14,776 profit in 2023
Profit after tax over the fiscal year.
€ 331
▼ 94% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 63,727.
People and assets in 2024
€ 1,140
▼ 31% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 319,753
▼ 5% vs 2023
€ 38,880 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 70,882
▲ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,614
▼ 72% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 102,233 | € 99,563 | € 46,927 | € 18,192 | ▼ 61% |
| Profit after taxes | € -85,559 | € 30,476 | € 14,776 | € -8,948 | ▼ € 23,724 |
| Equity | € 61,023 | € 81,499 | € 91,275 | € 82,327 | ▼ 10% |
| Total debts | € 513,023 | € 469,292 | € 424,607 | € 395,750 | ▼ 7% |
| Cash | € 1,379 | € 90,822 | € 5,906 | € 331 | ▼ 94% |
| Land & buildings | € 385,060 | € 374,727 | € 364,394 | € 354,060 | ▼ 3% |
| Retained profit | € 42,423 | € 62,899 | € 72,675 | € 63,727 | ▼ 12% |
| Dividend | € 15,000 | € 10,000 | € 5,000 | € 0 | ▼ 100% |
| Bank debt | € 403,760 | € 317,148 | € 338,325 | € 319,753 | ▼ 5% |
| Balance sheet total | € 574,045 | € 550,791 | € 515,882 | € 478,077 | ▼ 7% |
Key figures of PADA INVEST, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PADA INVEST?
What happened at PADA INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 8,948 (▼ € 23,724 vs 2023). filed late Source: NBB ↗
- Davy Palmans became a director. NBB
- New establishment in Lummen. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,559 loss in 2021 to € 8,948 loss in 2024.
Paid € 16,652 in corporate taxes since 2021.
Best year ever: 2022, with € 30,476 profit.
Paid out € 30,000 in dividends to the owners in total.
Management
Behind PADA INVEST is Davy Palmans. It owns 0.1% of Argeüs itself.
Directors
According to the 2024 annual accounts
since 2007
Establishments
Establishment units
Physical locations of this company
Gestelstraat 15
3560 Lummen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BRUSSELS REAL ESTATE COMPANY
€ 2 million gross margin · 2025
SUBSKRIBO same network
€ -52,103 gross margin · 2025
ARGEÜS GROUP
€ -1,027 gross margin · 2025
ARGEUS same network
€ 403,440 gross margin · 2025
ANHAB INVEST
€ -1,010 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.568.196
- VAT number
- BE 0479.568.196
- Registered office
- Gestelstraat 15, 3560 Lummen
- Names & denominations
- PADA INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 2003
- Peppol
- Active · Active since 17 Mar 2025
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