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 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 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PAX- erfgoed- en cultuur - ontwikkeling from De Panne, company number BE0880937271, closed financial year 2025 with a result of € -61,540 after tax. For that financial year PAX- erfgoed- en cultuur - ontwikkeling recorded a gross margin of € -10,830 and equity of € -69,723. Compared with financial year 2024, the result moved from € -61,423 to € -61,540. 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 August 7, 2026.
€ -69,723
▼ € 61,540 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -61,540
Profit after tax over the fiscal year.
€ 3,492
▲ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -344,723.
Debts at end 2025
€ 450,000
Loans from banks and other lenders, long and short.
€ 10,733
▲ 104% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -8,707 | € 11,156 | € -9,354 | € -10,830 | ▼ € 1,476 |
| Profit after taxes | € -42,684 | € -42,168 | € -61,423 | € -61,540 | |
| Equity | € -104,591 | € 53,241 | € -8,182 | € -69,723 | ▼ € 61,540 |
| Total debts | € 1,741,108 | € 1,585,284 | € 1,637,658 | € 1,700,670 | ▲ 4% |
| Cash | € 21,590 | € 13,303 | € 2,026 | € 3,492 | ▲ 72% |
| Retained profit | € -179,591 | € -221,759 | € -283,182 | € -344,723 | ▼ € 61,540 |
| Bank debt | € 450,000 | € 450,000 | € 450,000 | € 450,000 | |
| Balance sheet total | € 1,636,517 | € 1,638,525 | € 1,629,475 | € 1,630,947 |
Key figures of PAX- erfgoed- en cultuur - ontwikkeling, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PAX- erfgoed- en cultuur - ontwikkeling?
What happened at PAX- erfgoed- en cultuur - ontwikkeling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 61,540. filed late Source: NBB ↗
- GENI-GROUP BV became a director. NBB
- New establishment in De Panne. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,684 loss in 2022 to € 61,540 loss in 2025.
Management
Behind PAX- erfgoed- en cultuur - ontwikkeling is GENI-GROUP BV. GENI-GROUP BV is also behind DECAT Energy Technics, APPARO, DC & PARTNERS, GENION and Virginis.
Directors
According to the 2025 annual accounts
Director · represented by DECAT LIEVEN
Also active at: DECAT Energy Technics, APPARO, DC & PARTNERS, GENION, Virginis, ALBALI, GENION BETA, AllWaves +4 more
since 2019
Establishments
Establishment units
Physical locations of this company
Klokhofstraat 43
8660 De Panne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →APPARO same network
€ -23,053 gross margin · 2025
GENI-GROUP same network
€ 1.8 million gross margin · 2025
PALINCKHOVE
€ 72,536 gross margin · 2025
GENION same network
€ 12,316 gross margin · 2025
ALBALI same network
€ 192,001 gross margin · 2025
+8 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
- 0880.937.271
- VAT number
- BE 0880.937.271
- Registered office
- Klokhofstraat 43, 8660 De Panne
- Names & denominations
- PAX- erfgoed- en cultuur - ontwikkeling · PAX-E.C.O.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2006
- Peppol
- Active · Active since 2 May 2024
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Activiteiten van bouwarchitecten
Ontwikkeling van niet-residentiële bouwprojecten