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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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAGADRICUM from Hotton, company number BE0881661011, closed financial year 2025 with a result of € 1,320 after tax. For that financial year PAGADRICUM recorded a gross margin of € 249,511 and equity of € 1 million. Compared with financial year 2024, the result moved from € 180,645 to € 1,320. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2025.
€ 1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,320
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 307,245
▲ € 292,808 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 555,687.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 109,806
▼ 33% vs 2024
Of which on lease € 105,048.
Debts at end 2025
€ 1.3 million
▼ 4% vs 2024
€ 127,319 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 69,859
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,452
▼ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,335,904 | € 748,476 | € 249,511 | ▼ 67% |
| Profit after taxes | € 31,110 | € 180,645 | € 1,320 | ▼ 99% |
| Equity | € 842,322 | € 1,022,967 | € 1,024,287 | |
| Total debts | € 2,439,341 | € 3,086,808 | € 2,112,274 | ▼ 32% |
| Cash | € 55,588 | € 14,437 | € 307,245 | ▲ € 292,808 |
| Land & buildings | € 1,873,578 | € 1,799,398 | € 1,278,993 | ▼ 29% |
| Retained profit | € 373,722 | € 554,367 | € 555,687 | |
| Bank debt | € 1,677,824 | € 1,309,100 | € 1,256,844 | ▼ 4% |
| Balance sheet total | € 3,281,663 | € 4,109,775 | € 3,136,560 | ▼ 24% |
| Employees (FTE) | 0.7 | 0 | 0 |
Key figures of PAGADRICUM, 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 PAGADRICUM?
What happened at PAGADRICUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,320 (▼ 99% vs 2024). Source: NBB ↗
- New establishment in Rendeux. KBO
- New establishment in Hotton. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,110 profit in 2022 to € 1,320 profit in 2025.
Paid € 90,898 in corporate taxes since 2022.
Best year ever: 2024, with € 180,645 profit.
Management
Behind PAGADRICUM are DD&D CommV, Els Seye and Myrando Vandenbulcke. It owns 100% of CHEOUX INVEST itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de Ny,Melreux 4A
6990 Hotton
Rue de Ny,Melreux 4 box A
6990 Hotton
Active since 4 September 2006
Rue de Dochamps, Devantave 27
6987 Rendeux
Active since 19 June 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0881.661.011
- VAT number
- BE 0881.661.011
- Registered office
- Rue de Ny,Melreux 4A, 6990 Hotton
- Names & denominations
- PAGADRICUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2006
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van holdings
Holdings
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Ontwikkeling van niet-residentiële bouwprojecten
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Groothandel in machines, werktuigen en toebehoren voor de landbouw