ACTIVE

PAGACE

Financial year 2025 · Closed on 31/12/2025

Net result-58,1 k €-148,7 %over 1 year

Gross margin-47,4 k €+5,8 %over 1 year

Equity5,2 M €-1,1 %over 1 year

Identity

Source · BCE/KBO

PAGACE is a Public limited company incorporated in 2011. Its main activity is: Buying and selling of own real estate. Its registered office is in Auderghem.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0838.324.973
Incorporation: 04/08/2011
Legal form: Public limited company
Registered office: Boulevard du Souverain 292
1160 Auderghem · BruxellesSee on map
Contributed capital: 861 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate

Signals

Solid equityLow riskGood liquidity

Financials

Source · NBB, 14 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-47,4 k €	+5.8%	-50,3 k €	-108%	666,2 k €	+632%	-125,2 k €	-2082%	-5,7 k €
EBITDA	-47,4 k €	+5.8%	-50,3 k €	-108%	666,2 k €	+632%	-125,2 k €	-2082%	-5,7 k €
Operating result	-47,4 k €	+5.8%	-50,3 k €	-108%	666,2 k €	+632%	-125,2 k €	-2082%	-5,7 k €
Net result	-58,1 k €	-149%	119,3 k €	-83.2%	709,6 k €	+664%	-125,8 k €	-765%	18,9 k €
Balance sheet
Equity	5,2 M €	-1.1%	5,3 M €	+2.3%	5,1 M €	+4.2%	4,9 M €	-2.5%	5,1 M €
Total assets	5,3 M €	-0.4%	5,3 M €	-14.9%	6,2 M €	+24.9%	5 M €	-2.5%	5,1 M €
Cash	65,4 k €	-2.0%	66,7 k €	-61.0%	171,3 k €	-81.2%	912,3 k €	-0.7%	919 k €
Debts	69,9 k €	+105%	34,2 k €	-96.8%	1,1 M €	+2073%	49,9 k €	+0.0%	49,9 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arfides0849.719.802Represented by Stefan PAELEMAN	Director19/12/2013 → 15/05/2029
CEDCO0875.891.291Represented by Cedric HEEREN	Managing director03/08/2011 → 15/05/2029
REAL ESTATE SOLUTIONS0460.014.184Represented by Bart Paeleman	Director19/12/2013 → 15/05/2029
WILMARC INVEST0434.262.367Represented by Marc Paeleman	Managing director03/08/2011 → 15/05/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SODEGIM0886.957.607Represented by Marc Paeleman	Director01/05/2015 → 2015 accounts
BUSINESS AND CONSULTANCY COMPANY0476.126.379Represented by Gaëtan DELEERSNYDER	Managing director03/08/2011 → 2013 accounts

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Boulevard du Souverain 292 1160 Auderghem

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Advies- en ingenieursbureau WILMARC● Active	0421.789.949
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DE WIELINGEN DEVELOPMENT● Active	0505.670.304
DOMUS MARCUS● Active	0456.916.619
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GRIMMO● Active	0456.569.102
Havenlaan HT● Active	0754.623.970
Immobiliën Oostduinkerke● Liquidation	0425.575.919
IMMOBILIERE FRANKLIN● Active	0899.887.905
PARC RESIDENCES● Active	0476.714.121
PARK LANE VENTURES● Active	0808.026.826
RAC 4● Active	0819.593.481
RAC4 Development● Active	0673.640.551
RAC 6● Active	0738.392.110
RES SOLI● Active	0652.961.339
SEAPARK● Active	0693.730.241
SHIPSHOP NIEUWPOORT● Active	0417.031.209
SKYLINE EUROPE● Active	0888.809.911

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/10/2026	30/09/2025	30/08/2024	31/08/2023	31/05/2022	24/08/2021
General meeting	15/05/2026	15/05/2025	15/05/2024	15/05/2023	15/05/2022	15/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/05/2026	14/10/2026	Dutch	PDF
Abridged model	31/12/2024	15/05/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	15/05/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	15/05/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	15/05/2022	31/05/2022	Dutch	PDF
Abridged model	31/12/2020	15/05/2021	24/08/2021	Dutch	PDF
Abridged model	31/12/2019	29/06/2020	14/08/2020	Dutch	PDF
Abridged model	31/12/2018	15/05/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	15/05/2018	24/08/2018	Dutch	PDF
Abridged model	31/12/2016	15/05/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	16/05/2016	23/09/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	24/08/2015	Dutch	PDF
Abridged model	31/12/2013	15/05/2014	12/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/05/2013	24/06/2013	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arfides0849.719.802Represented by Stefan PAELEMAN	Director19/12/2013 → 15/05/2029
CEDCO0875.891.291Represented by Cedric HEEREN	Managing director03/08/2011 → 15/05/2029
REAL ESTATE SOLUTIONS0460.014.184Represented by Bart Paeleman	Director19/12/2013 → 15/05/2029
WILMARC INVEST0434.262.367Represented by Marc Paeleman	Managing director03/08/2011 → 15/05/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SODEGIM0886.957.607Represented by Marc Paeleman	Director01/05/2015 → 2015 accounts
BUSINESS AND CONSULTANCY COMPANY0476.126.379Represented by Gaëtan DELEERSNYDER	Managing director03/08/2011 → 2013 accounts

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates23/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other29/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates17/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/02/2015
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates08/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other30/08/2011
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

WILMARC INVEST

REAL ESTATE SOLUTIONS

Arfides

CEDCO

SODEGIM

BUSINESS AND CONSULTANCY COMPANY

2011201220132014201520162017201820192020202120222023202420252026202720282029

PAGACE

Boulevard du Souverain 292, 1160 Auderghem

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boulevard du Souverain 292, 1160 AuderghemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00559857

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PAGACECurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00559857

Events

2025
Annual accounts 2025-58,1 k €↓
2024
Annual accounts 2024119,3 k €↓
2023
Annual accounts 2023709,6 k €↑
2022
Annual accounts 2022-125,8 k €↓
2021
Annual accounts 202118,9 k €↑
2020
Annual accounts 2020-133,8 k €↓
2019
Annual accounts 201915,3 k €↓
2018
Annual accounts 20181,2 M €↑
2017
Annual accounts 2017-201,7 k €↓
2016
Annual accounts 20163,5 M €↑
2015
Annual accounts 20153 M €↑
2014
Annual accounts 2014-428 k €↓
2013
Annual accounts 2013-256,1 k €↓
2012
Annual accounts 2012-95,8 k €
04/08/2011
IncorporationPublic limited company

PAGACE

Overview

Identity

Financials

Valuation

Indicative valuation

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

Timeline

Registered offices

Company names

Events