OPENING OF BANKRUPTCY

PAC

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Financial year 2021 · closed on 31/12/2021

Net result

26,8 k €

-66.2% YoY

Gross margin

474,3 k €

-26.3% YoY

Equity

-230 k €

-978.5% YoY

Workforce

4,8 ETP

-28.4% YoY

Company — Opening of bankruptcy.

What does PAC do?

PAC is a Public limited company incorporated in 1993. Its main activity is: Architectural activities. Its registered office is in Sint-Martens-Latem. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0450.409.008

Incorporation

23/06/1993

Legal form

Public limited company

Registered office

Xavier De Cocklaan 86-88
9831 Sint-Martens-Latem · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2021

Average workforce

4,8 ETP

Activities (NACE)

71112Architectural activities· main 71112Architectural activities 41102Development of building projects 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods 68122Buying and selling of own real estate

Joint committees (6)

116
149
14901
20018
207
218

Contacts

4 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2021		2019		2018		2017		2016		2015		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	474,3 k €	-26.3%	643,4 k €	-1.6%	653,6 k €	-3.6%	677,7 k €	-3.4%	701,8 k €	-23.8%	921,2 k €	+10.8%	831,3 k €	+4.9%	792,3 k €	+26.9%	624,5 k €	-29.9%	891,1 k €	-10.7%	997,6 k €	-1.1%	1 M €	-20.8%	1,3 M €	+77.7%	717 k €
EBITDA	139,5 k €	-20.1%	174,5 k €	+45.3%	120,1 k €	+162%	45,8 k €	-41.5%	78,3 k €	+119%	-407,8 k €	-1322%	33,4 k €	-51.6%	69 k €	+159%	-116,9 k €	-220%	97,4 k €	-29.7%	138,6 k €	-2.3%	141,8 k €	-74.9%	564,9 k €	+315%	136,1 k €
Operating result	53,3 k €	-35.2%	82,2 k €	+276%	21,8 k €	+140%	-54,5 k €	-270%	32 k €	+107%	-490,5 k €	-2599%	-18,2 k €	-206%	17,2 k €	+110%	-178,5 k €	-1029%	19,2 k €	-64.8%	54,5 k €	+18.3%	46,1 k €	-90.9%	505,2 k €	+380%	105,2 k €
Net result	26,8 k €	-66.2%	79,4 k €	+2278%	3,3 k €	+105%	-66,9 k €	-325%	29,7 k €	+106%	-493,7 k €	-13704%	3,6 k €	-33.8%	5,5 k €	+103%	-165,8 k €	-695%	27,9 k €	-53.0%	59,3 k €	+0.2%	59,2 k €	-75.1%	237,6 k €	+163%	90,3 k €
Balance sheet
Equity	-230 k €	-978%	26,2 k €	+110%	-253,2 k €	+1.3%	-256,6 k €	-35.3%	-189,7 k €	+13.5%	-219,4 k €	-171%	307,4 k €	+1.2%	303,8 k €	+0.6%	301,9 k €	-41.7%	517,8 k €	-4.1%	539,9 k €	+6.7%	505,9 k €	+7.0%	472,7 k €	+9.1%	433,1 k €
Total assets	584 k €	-49.3%	1,2 M €	+14.8%	1 M €	-10.8%	1,1 M €	+16.3%	967,6 k €	+0.1%	966,5 k €	-5.8%	1 M €	+23.4%	831,9 k €	-25.9%	1,1 M €	-36.4%	1,8 M €	-10.2%	2 M €	-17.9%	2,4 M €	-14.0%	2,8 M €	+15.3%	2,4 M €
Cash	162 k €	+845%	17,1 k €	+134%	7,3 k €	-92.1%	92,8 k €	+757%	10,8 k €	-75.1%	43,5 k €	-33.1%	65 k €	+16.0%	56 k €	-30.3%	80,3 k €	-89.3%	748,4 k €	+103%	368 k €	-25.7%	495 k €	-22.8%	640,8 k €	-28.8%	900,3 k €
Debts	794,2 k €	-29.5%	1,1 M €	-10.4%	1,3 M €	-9.0%	1,4 M €	+19.4%	1,2 M €	-0.1%	1,2 M €	+61.2%	718,5 k €	+36.4%	526,6 k €	-35.8%	820,5 k €	-34.1%	1,2 M €	-8.8%	1,4 M €	-24.7%	1,8 M €	-21.0%	2,3 M €	+15.9%	2 M €
Other
Workforce	4,8 ETP	-28.4%	6,7 ETP	-17.3%	8,1 ETP	-13.8%	9,4 ETP	-4.1%	9,8 ETP	-23.4%	12,8 ETP	-5.2%	13,5 ETP	+3.1%	13,1 ETP	0.0%	13,1 ETP	-4.4%	13,7 ETP	-6.8%	14,7 ETP	+8.9%	13,5 ETP	+3.8%	13,0 ETP	+28.7%	10,1 ETP

Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 26 ended

Active mandates

RETAIL INTERIOR GROUP

Managing director · since 28 février 2017 · until 28 février 2023 · 0827.904.502

Represented by LEBBE KAREL

Active

BVA3

Director · since 15 février 2016 · until 15 février 2022 · 0826.870.263

Represented by Johan Vander Mijnsbrugge

Active

Ended mandates

RETAIL INTERIOR GROUP

Managing director · since 10 décembre 2017 · until 28 février 2023 · 0827.904.502

Represented by BVBA Cha-Va Invest

Ended

RETAIL INTERIOR GROUP

Director · since 28 février 2017 · until 28 février 2023 · 0827.904.502

Represented by BVBA Cha-Va Invest

Ended

RETAIL INTERIOR GROUP

Director · since 28 février 2017 · until 08 mai 2023 · 0827.904.502

Represented by Karel Lebbe

Ended

BVA3

Director · since 15 février 2016 · until 15 février 2021 · 0826.870.263

Represented by Johan Vander Mijnsbrugge

Ended

At this address

Other companies at this address

Company	CBE no.
Green Circle Salons Benelux● Active	0790.181.004
PAC interiors● Active	0795.980.911

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/12/2016	01/12/2015
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	30/11/2016
Length of the financial year	12 months	12 months	12 months	12 months	13 months	12 months
Filing date	31/05/2022	28/09/2021	13/05/2020	26/06/2019	16/08/2018	08/03/2017
General meeting	12/05/2022	10/05/2021	11/05/2020	13/05/2019	30/06/2018	28/02/2017
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2021	12/05/2022	31/05/2022	Dutch	PDF
Abridged model	31/12/2020	10/05/2021	28/09/2021	Dutch	PDF
Abridged model	31/12/2019	11/05/2020	13/05/2020	Dutch	PDF
Abridged model	31/12/2018	13/05/2019	26/06/2019	Dutch	PDF
Abridged modelCorrection	31/12/2017	30/06/2018	16/08/2018	Dutch	PDF
Abridged model	31/12/2017	14/05/2018	25/06/2018	Dutch	PDF
Abridged model	30/11/2016	28/02/2017	08/03/2017	Dutch	PDF
Abridged model	30/11/2015	23/04/2016	22/06/2016	Dutch	PDF
Abridged model	31/12/2013	05/03/2014	07/03/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	05/05/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	31/07/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	06/05/2010	19/05/2010	Dutch	PDF
Abridged model	31/12/2008	02/05/2009	18/05/2009	Dutch	PDF
Abridged model	31/12/2007	03/05/2008	27/05/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	22/06/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 26 ended

Active mandates

RETAIL INTERIOR GROUP

Managing director · since 28 février 2017 · until 28 février 2023 · 0827.904.502

Represented by LEBBE KAREL

Active

BVA3

Director · since 15 février 2016 · until 15 février 2022 · 0826.870.263

Represented by Johan Vander Mijnsbrugge

Active

Ended mandates

RETAIL INTERIOR GROUP

Managing director · since 10 décembre 2017 · until 28 février 2023 · 0827.904.502

Represented by BVBA Cha-Va Invest

Ended

RETAIL INTERIOR GROUP

Director · since 28 février 2017 · until 28 février 2023 · 0827.904.502

Represented by BVBA Cha-Va Invest

Ended

RETAIL INTERIOR GROUP

Director · since 28 février 2017 · until 08 mai 2023 · 0827.904.502

Represented by Karel Lebbe

Ended

BVA3

Director · since 15 février 2016 · until 15 février 2021 · 0826.870.263

Represented by Johan Vander Mijnsbrugge

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/07/2020
KAPITAAL - AANDELEN
PDF
Capital / shares31/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates05/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2017
MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates08/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2016
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2021
Annual accounts 202126,8 k €↓
2019
Annual accounts 201979,4 k €↑
2018
Annual accounts 20183,3 k €↑
2017
Annual accounts 2017-66,9 k €↓
2016
Annual accounts 201629,7 k €↑
2015
Annual accounts 2015-493,7 k €↓
2013
Annual accounts 20133,6 k €↓
2012
Annual accounts 20125,5 k €↑
2011
Annual accounts 2011-165,8 k €↓
2010
Annual accounts 201027,9 k €↓
2009
Annual accounts 200959,3 k €↑
2008
Annual accounts 200859,2 k €↓
2007
Annual accounts 2007237,6 k €↑
2006
Annual accounts 200690,3 k €
23/06/1993
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PAC

Overview

What does PAC do?

Trend over 14 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline