BillyPay
ActiveSummary
BillyPay has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,142 and a net result of €9,917. Equity is growing by ~31.9% per year across the filed fiscal years. Its solvency ranks better than 18% of 2345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
What they do
Office administrative and support services
NACE 82100NACE 82110
1 site
How big
€1.3mturnover 2025
- Staff
- 3.9 FTE
- Equity
- €50,142
- Profit
- €9,917
Who decides
- Parent
- HET IDEE · 100%
Accounts 15 d early0 of 3 deeds read
Why 46- Limited track record- Weak solvency vs sector+ Lower-failure-rate sector+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability54▼-4
Solvency30▼-3
Growth85=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.08 in 2024; short-term debt: 94.8% and cash: 4% of total assets), and 94.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.2%
Return on assets
1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2345 sector peers (2025).
NBB · sector comparisonPosition among 2345 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
15 d early
2024
13 d early
2023
12 d early
2022
17 d early
2021
19 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 16 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Highest result since 2021net €12,434 ▲166%
Financials
Fiscal year 2025Turnover €1.3mProfit €9,917Solvency 5.2%Liquidity 1.05
Turnover
€1.3m▲ 30.2%
2021 - 2025
Net result
€9,917▼ 20.2%
2021 - 2025
Equity
€50,142▲ 24.7%
2021 - 2025
Staff (FTE)
3.9▲ 50.0%
2022 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0.04m-€0.3m▲ 718%€0.7m▲ 113%€1.0m▲ 45.6%€1.3m▲ 30.2%
Operating result€0.006m-€0.01m▲ 121%€0.01m▼ 18.3%€0.02m▲ 123%€0.02m▼ 1.7%
Net result€0.004mwithin the sector's middle half-€0.009mwithin the sector's middle half▲ 104%€0.005mwithin the sector's middle half▼ 46.8%€0.01mwithin the sector's middle half▲ 166%€0.01mwithin the sector's middle half▼ 20.2%
EBIT margin15.1%-4.1%▼ 11.0pp1.6%▼ 2.5pp2.4%▲ 0.8pp1.8%▼ 0.6pp
Equity€0.01mbelow the sector's middle half-€0.02mbelow the sector's middle half▲ 61.4%€0.03mbelow the sector's middle half▲ 20.2%€0.04mbelow the sector's middle half▲ 44.7%€0.05mwithin the sector's middle half▲ 24.7%
Total assets€0.05mbelow the sector's middle half-€0.2mbelow the sector's middle half▲ 322%€0.4mwithin the sector's middle half▲ 96.9%€0.5mwithin the sector's middle half▲ 19.2%€1.0mwithin the sector's middle half▲ 87.8%
Debt€0.04m-€0.2m▲ 420%€0.4m▲ 106%€0.5m▲ 17.4%€0.9m▲ 93.2%
Working capital€0.01mwithin the sector's middle half-€0.02mwithin the sector's middle half▲ 61.4%€0.03mwithin the sector's middle half▲ 20.2%€0.04mwithin the sector's middle half▲ 44.7%€0.05mwithin the sector's middle half▲ 24.9%
Solvency27.5%within the sector's middle half-10.5%below the sector's middle half▼ 17.0pp6.4%below the sector's middle half▼ 4.1pp7.8%below the sector's middle half▲ 1.4pp5.2%below the sector's middle half▼ 2.6pp
Current ratio1.38within the sector's middle half-1.12within the sector's middle half▼ 0.261.07within the sector's middle half▼ 0.051.08within the sector's middle half▲ 0.021.05within the sector's middle half▼ 0.03
Return on assets (ROA)8.3%within the sector's middle half-4.0%within the sector's middle half▼ 4.3pp1.1%within the sector's middle half▼ 2.9pp2.4%within the sector's middle half▲ 1.3pp1.0%within the sector's middle half▼ 1.4pp
Staff (FTE)0.8below the sector's middle half2within the sector's middle half▲ 150%2.6within the sector's middle half▲ 30.0%3.9within the sector's middle half▲ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €968,204
Equity
€50,142 ▲ 24.7%
Debt
€918,062 ▲ 93.2%
Debt's share of the balance-sheet total rises from 92.2% to 94.8%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€23,574▼
2024 · €26,600
Cash flow
€9,917▼
2024 · €15,049
Quick ratio
1.04▲
2024 · 1.01
Debt to equity
18.31▲
2024 · 11.81
ROE
19.8%▼
2024 · 30.9%
Interest coverage
5.63▼
2024 · 16.40
Debt ≤ 1 year
€917,973▲
2024 · €475,249
Income taxes
€9,475▼
2024 · €9,980
Staff costs
€381,812▲
2024 · €303,176
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,251 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.6%
went bankrupt
2.7%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,251 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €0.04m | €0.3m | €0.7m | €1.0m | €1.3m | ▲ 30.2% |
| Goods, raw materials, services and sundry goods60/61 | €0.04m | €0.2m | €0.5m | €0.7m | €0.9m | ▲ 29.8% |
| Remuneration, social security and pensions62 | - | €0.08m | €0.2m | €0.3m | €0.4m | ▲ 25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €0.003m | €0 | ▼ 100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.002m | €0.004m | ▲ 113% |
| Other operating charges640/8 | €348 | €425 | €0.002m | €0.002m | €0.001m | ▼ 18.5% |
| Gross operating margin9900 | €0.006m | €0.09m | €0.2m | €0.3m | €0.4m | ▲ 23.3% |
| Operating profit (loss)9901 | €0.006m | €0.01m | €0.01m | €0.02m | €0.02m | ▼ 1.7% |
| Financial income75/76B | - | €1 | €1 | €52 | €6 | ▼ 88.5% |
| Recurring financial income75 | - | €1 | €1 | €52 | €6 | ▼ 88.5% |
| Financial charges65/66B | €205 | €0.001m | €0.001m | €0.002m | €0.004m | ▲ 158% |
| Recurring financial charges65 | €205 | €0.001m | €0.001m | €0.002m | €0.004m | ▲ 158% |
| Profit (loss) for the period before taxes9903 | €0.006m | €0.01m | €0.009m | €0.02m | €0.02m | ▼ 13.5% |
| Income taxes67/77 | €0.001m | €0.004m | €0.005m | €0.01m | €0.009m | ▼ 5.1% |
| Profit (loss) for the period9904 | €0.004m | €0.009m | €0.005m | €0.01m | €0.01m | ▼ 20.2% |
| Profit (loss) for the period to be appropriated9905 | €0.004m | €0.009m | €0.005m | €0.01m | €0.01m | ▼ 20.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52,119 | €219,705 | €432,571 | €515,474 | €968,204 | ▲ 87.8% |
| Current assets29/58 | €52,119 | €219,705 | €432,571 | €515,474 | €968,204 | ▲ 87.8% |
| Stocks and contracts in progress3 | €11,355 | €14,675 | €32,720 | €35,749 | €17,783 | ▼ 50.3% |
| Contracts in progress37 | €11,355 | €14,675 | €32,720 | €35,749 | €17,783 | ▼ 50.3% |
| Amounts receivable within one year40/41 | €37,657 | €201,150 | €388,363 | €457,381 | €910,064 | ▲ 99.0% |
| Trade receivables40 | €36,242 | €136,933 | €306,052 | €438,537 | €480,995 | ▲ 9.7% |
| Other amounts receivable41 | €1,415 | €64,217 | €82,311 | €18,844 | €429,069 | ▲ 2,177% |
| Cash at bank and in hand54/58 | €3,107 | €3,764 | €10,731 | €20,948 | €38,817 | ▲ 85.3% |
| Deferred charges and accrued income490/1 | - | €116 | €758 | €1,396 | €1,540 | ▲ 10.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52,119 | €219,705 | €432,571 | €515,474 | €968,204 | ▲ 87.8% |
| Equity10/15 | €14,321 | €23,114 | €27,790 | €40,225 | €50,142 | ▲ 24.7% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €4,321 | €13,114 | €17,790 | €30,225 | €40,142 | ▲ 32.8% |
| Distributable reserves133 | €4,321 | €13,114 | €17,790 | €30,225 | €40,142 | ▲ 32.8% |
| Amounts payable17/49 | €37,798 | €196,591 | €404,781 | €475,249 | €918,062 | ▲ 93.2% |
| Amounts payable within one year42/48 | €37,798 | €196,591 | €404,781 | €475,249 | €917,973 | ▲ 93.2% |
| Trade debts44 | €34,987 | €149,512 | €322,454 | €327,049 | €416,149 | ▲ 27.2% |
| Suppliers440/4 | €34,987 | €149,512 | €322,454 | €327,049 | €416,149 | ▲ 27.2% |
| Advances received on contracts in progress46 | - | - | - | €120 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €1,440 | €47,079 | €78,697 | €78,457 | €76,845 | ▼ 2.1% |
| Taxes450/3 | €1,440 | €22,052 | €29,820 | €13,524 | €24,852 | ▲ 83.8% |
| Remuneration and social security454/9 | - | €25,028 | €48,877 | €64,934 | €51,993 | ▼ 19.9% |
| Other amounts payable47/48 | €1,371 | €0 | €3,630 | €69,623 | €424,979 | ▲ 510% |
| Accrued charges and deferred income492/3 | - | - | - | - | €89 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,321 | €8,793 | €4,677 | €12,434 | €9,917 | ▼ 20.2% |
| + Depreciation and write-downs630 | - | - | - | €2,615 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €4,321 | €8,793 | €4,677 | €15,049 | €9,917 | ▼ 34.1% |
| Change in cash | - | €657 | €6,967 | €10,217 | €17,869 | ▲ 74.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
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JODAUT
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SAENEN GESTION D'ENTREPRISES
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Pont-à-Celles · Eq €50,253
Of 11,204 companies in this sector we hold annual accounts for 3,517. 2,536 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Parent HET IDEE · 100%
Directors
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Structure & network
Part of the group
BUEN CAMINO
13 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- BUEN CAMINO
- HET IDEE
- BillyPay
Highest known parent: BUEN CAMINO. The sources do not say who stands above it.
Owners 1
- HET IDEEparentSourceaccounts HET IDEE 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 3 Gazette acts processed.
Timeline
6 eventsLatest 16-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2021net €12,434 ▲166%
Operating result €23,985, net result €12,434, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 funding sourceFlanders €2,746
Flemish government
€2,746
awarded · 2022 - 2025
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €2,746 awarded · €3,526 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | €1,017 | €1,017 |
| 2024 | 1 | €986 | €986 |
| 2023 | 1 | €0 | €780 |
| 2022 | 1 | €743 | €743 |
Company details
Private limited company · founded 16-04-2021Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded16-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0766797371
Also
9925:BE0766797371
Registered
04-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2021
Ground area
1,688 m²
Building footprint
204 m²
Volume, LiDAR
2,566 m³
Parcel 41002B0062/00L002, Flanders · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
BillyPay
since 2021unit no. 2.316.166.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002B0062/00L002 | Flanders | 1,688 m² | 1 · 204 m² | 17.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies Which other companies belong to the same group?BUEN CAMINO · 13 companies
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