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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Gajra Pai & Zhu Europe from Merelbeke-Melle, company number BE0677746027, closed financial year 2024 with a result of € -44,574 after tax. For that financial year Gajra Pai & Zhu Europe recorded revenue of € 29,885 and equity of € -164,180. Compared with financial year 2023, the result moved from € -6,712 to € -44,574. 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 July 7, 2025.
€ -164,180
▼ € 44,574 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,574
▼ 564 % more loss than in 2023
Profit after tax over the fiscal year.
€ 17,166
▲ € 16,966 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -225,680.
People and assets in 2024
€ 28,844
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 57,817
▲ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 6,331 | - | € 15,000 | € 29,885 | ▲ 99% |
| Gross margin | € -8,278 | € -25,408 | € -1,025 | € 20,152 | ▲ € 21,177 |
| Profit after taxes | € -39,201 | € -45,132 | € -6,712 | € -44,574 | ▼ € 37,862 |
| Equity | € -67,763 | € -112,894 | € -119,606 | € -164,180 | ▼ € 44,574 |
| Total debts | € 101,127 | € 140,001 | € 133,962 | € 238,491 | ▲ 78% |
| Cash | € 4,255 | € 987 | € 200 | € 17,166 | ▲ € 16,966 |
| Retained profit | € -129,263 | € -174,394 | € -181,106 | € -225,680 | ▼ € 44,574 |
| Bank debt | € 51,129 | € 51,258 | € 129 | € 0 | ▼ 100% |
| Balance sheet total | € 33,364 | € 27,106 | € 14,356 | € 74,312 | ▲ € 59,955 |
Key figures of Gajra Pai & Zhu Europe, 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 Gajra Pai & Zhu Europe?
What happened at Gajra Pai & Zhu Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 44,574. Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,201 loss in 2021 to € 44,574 loss in 2024.
Paid € 27,994 in corporate taxes since 2021.
Establishments
Establishment units
Physical locations of this company
Wolvenstraat 9 box 3
9090 Merelbeke-Melle
Wolvenstraat 9 box 2
9090 Merelbeke-Melle
Active since 30 June 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.746.027
- VAT number
- BE 0677.746.027
- Registered office
- Wolvenstraat 9 bus 3, 9090 Merelbeke-Melle
- Names & denominations
- Gajra Pai & Zhu Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2017
- Peppol
- Active · Active since 11 Feb 2026
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