C-Paint
ActiveC-Paint has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €12k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 24% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
73
/ 100
Healthy▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency36▼-22
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.42 in 2024), and 77.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
22.6%
Return on assets
15.2%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27358 sector peers (2025).
NBB · sector comparisonPosition among 27358 sector peers
Solvency
better than 24%
← 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 26-05-2026, 66 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
66 d early
2024
59 d early
2023
70 d early
2022
6 d early
2021
2 d early
2020
29 d late
2019
24 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▼ 11.0%
2024 · €21k
2018: €-391
2019: €7k
2020: €21k
2021: €29k
2022: €33k
2023: €12k
2024: €21k
2018 → 2025
Total assets
€81k▲ 22.0%
2024 · €66k
2018: €65k
2019: €61k
2020: €65k
2021: €66k
2022: €101k
2023: €59k
2024: €66k
2018 → 2025
Net result
€12k▲ 48.0%
2024 · €8k
2018: €-20k
2019: €7k
2020: €14k
2021: €8k
2022: €4k
2023: €-20k
2024: €8k
2018 → 2025
Working capital
€11k▼ 24.4%
2024 · €14k
2018: €-15k
2019: €-6k
2020: €2k
2021: €16k
2022: €22k
2023: €4k
2024: €14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€33k▲ 13.1%€12k▼ 62.4%€21k▲ 67.5%€18k▼ 11.0%
Operating result€11k-€9k▼ 20.3%€-19k€10k€17k▲ 77.5%
Net result€8k-€4k▼ 50.0%€-20k€8k€12k▲ 48.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 77% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets
€17k▼ 11.2%
Current assets
€64k▲ 35.3%
Equity and liabilities €81k
Equity
€18k▼ 11.0%
Debt
€62k▲ 36.9%
The debt ratio rises from 69.0% to 77.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€25k▲
2024 · €17k
Cash flow
€20k▲
2024 · €16k
Solvency
22.6%▼
2024 · 31.0%
Current ratio
1.20▼
2024 · 1.42
Quick ratio
1.15▼
2024 · 1.31
Debt / equity
3.42▲
2024 · 2.22
ROE
67.0%▲
2024 · 40.3%
ROA
15.2%▲
2024 · 12.5%
Interest coverage
18.04▲
2024 · 17.12
Debt
€62k▲
2024 · €46k
Debt ≤ 1 year
€53k▲
2024 · €33k
Debt > 1 year
€9k▼
2024 · €12k
Income taxes
€3k▲
2024 · €243
Staff costs
€74k▲
2024 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€66k€81k▲
Fixed assets21/28€19k€17k▼
Tangible fixed assets22/27€17k€15k▼
Plant, machinery and equipment23€5k€8k▲
Furniture and vehicles24€12k€7k▼
Financial fixed assets28€2k€2k=
Current assets29/58€47k€64k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€32k€16k▼
Trade receivables40€32k€14k▼
Other amounts receivable41€210€2k▲
Cash at bank and in hand54/58€8k€44k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€66k€81k▲
Equity10/15€21k€18k▼
Contributions10/11€6k€6k=
Reserves13€27k€12k▼
Distributable reserves133€27k€12k▼
Profit (loss) carried forward14€-13k€0▲
Amounts payable17/49€46k€62k▲
Amounts payable after more than one year17€12k€9k▼
Financial debts170/4€12k€9k▼
Amounts payable within one year42/48€33k€53k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€17k€24k▲
Suppliers440/4€17k€24k▲
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€3k€3k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€8k€20k▲
Accrued charges and deferred income492/3-€509
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€71k€74k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€90k€100k▲
Operating profit (loss)9901€10k€17k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€9k€16k▲
Income taxes67/77€243€3k▲
Profit (loss) for the period9904€8k€12k▲
Profit (loss) for the period to be appropriated9905€8k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-366▲
Profit (loss) brought forward from the previous period14P€-21k€-13k▲
Transfer from equity791/2-€15k
Profit to be distributed694/7-€14k
Return on contributions (dividend)694-€14k
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-20k ▼639%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
31-12
Financial
Highest result since 2018net €14k ▲103%
Operating result €19k, net result €14k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
04-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Korte Ballingstraat 48560 WevelgemGround area
918 m²
Building footprint
188 m²
Volume, LiDAR
665 m³
2 parcels, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
C-Paint
since 20162.257.265.422
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012A0487/00G000 | Flanders | 529 m² | 1 · 108 m² | 4.8 m · 1 fl. |
| 34012A0487/00D000 | Flanders | 389 m² | 1 · 80 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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DAVE CONSTRUCT
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Of 7,814 companies in sector 43341 we hold annual accounts for 2,639. 1,987 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2016
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43333Wallpapering and laying of floor and wall coverings in other materials
47530Retail trade
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:randysoetaert@gmail.com
Phone:0477223085