Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BAPAC from Damme, company number BE0705883153, closed financial year 2025 with a result of € -5,604 after tax. For that financial year BAPAC recorded a gross margin of € 1,080 and equity of € -22,392. Compared with financial year 2024, the result moved from € -8,227 to € -5,604. 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 January 27, 2026.
€ -22,392
▼ € 5,604 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,604
▲ 32 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,620
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -72,392.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,194
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 609
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 497 | € -3,514 | € -726 | € 1,080 | ▲ € 1,806 |
| Profit after taxes | € -22,147 | € -11,604 | € -8,227 | € -5,604 | ▲ € 2,624 |
| Equity | € 3,043 | € -8,561 | € -16,788 | € -22,392 | ▼ € 5,604 |
| Total debts | € 323,980 | € 317,524 | € 311,773 | € 312,071 | |
| Cash | € 20,975 | € 8,961 | € 3,593 | € 2,620 | ▼ 27% |
| Retained profit | € -46,957 | € -58,561 | € -66,788 | € -72,392 | ▼ € 5,604 |
| Bank debt | € 50,000 | € 50,000 | € 50,000 | € 0 | ▼ 100% |
| Balance sheet total | € 327,023 | € 308,963 | € 294,985 | € 289,679 | ▼ 2% |
Key figures of BAPAC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BAPAC?
What happened at BAPAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,604. Source: NBB ↗
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
- Bart Packo became a director. NBB
In short
From € 22,147 loss in 2022 to € 5,604 loss in 2025.
Paid € 1,046 in corporate taxes since 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind BAPAC is Bart Packo. It owns 100% of Packandgo itself.
Directors
According to the 2025 annual accounts
Bart Packo
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Brieversweg 10
8340 Damme
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0705.883.153
- VAT number
- BE 0705.883.153
- Registered office
- Brieversweg 10, 8340 Damme
- Names & denominations
- BAPAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 2018
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings