Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
Partago from Gent, company number BE0606986111, closed financial year 2022 with a result of € -184,544 after tax. For that financial year Partago recorded a gross margin of € -66,545 and equity of € -270,079. Compared with financial year 2021, the result moved from € -294,839 to € -184,544. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2023.
€ -270,079
▼ € 177,044 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -184,544
▲ 37 % less loss than in 2021
Profit after tax over the fiscal year.
€ 74,794
▼ 54% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
People and assets in 2022
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 38,299
▲ 22% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 78,595
▼ 47% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 402,699
▼ 17% vs 2021
€ 85,055 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 49,546
▲ 139% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 16,973
▲ 30% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € -173,306 | € -66,545 | ▲ € 106,761 |
| Profit after taxes | € -294,839 | € -184,544 | ▲ € 110,294 |
| Equity | € -93,035 | € -270,079 | ▼ € 177,044 |
| Total debts | € 599,363 | € 538,416 | ▼ 10% |
| Cash | € 163,574 | € 74,794 | ▼ 54% |
| Retained profit | € -1,142,535 | € -1,327,079 | ▼ € 184,544 |
| Bank debt | € 486,190 | € 402,699 | ▼ 17% |
| Balance sheet total | € 506,328 | € 268,337 | ▼ 47% |
Key figures of Partago, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to Partago?
What happened at Partago in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Partago is active according to the CBE. Legal situation: Opening faillissement.
- Joachim Jacob stepped down as director. NBB
- Rik Bellens stepped down as director. NBB
- Patrick Coucke stepped down as director. NBB
- New annual accounts for financial year 2022: loss of € 184,544. Source: NBB ↗
- Joachim Jacob became a director. NBB
- Rik Bellens became a director. NBB
- Patrick Coucke became a director. NBB
- Michael Arens became a director. NBB
In short
From € 294,839 loss in 2021 to € 184,544 loss in 2022.
Paid € 0 in corporate taxes since 2021.
Management
The stake of VIRECA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PartagoBehind Partago is Michael Arens. The shares are held by VIRECA.
Directors
According to the 2022 annual accounts
Michael Arens
Director
since 2019
Joachim Jacob
Managing director
since 2021 · until 2027
Rik Bellens
Director
since 2021 · until 2027
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vlasgaardstraat 52
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →Billie Bonkers
€ 1.8 million gross margin · 2025
WATT FACTORY
€ 264,159 gross margin · 2025
ZIGGU
€ 610,605 gross margin · 2025
Healthblocks
€ 48,718 gross margin · 2025
Cadanso
€ 800 gross margin · 2025
+11 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Hosting & Email
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Website info
Features
Security
Details
- Company number
- 0606.986.111
- VAT number
- BE 0606.986.111
- Registered office
- Vlasgaardstraat 52, 9000 Gent
- Names & denominations
- Partago
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Opening faillissement
- Start date
- 18 March 2015
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- partago.be
- Activities · NACE
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