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CANARD PAON

Active
Private limited companyfounded 1995active for 31 yearsRue de Neufchâteau 153, 6700 Arlon, BelgiumKBO/BCE: BE 0454.822.409
Summary

CANARD PAON has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163,611 and a net result of -€14,991. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 51% of 22,554 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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CANARD PAONActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of games and toys
NACE 47640
1 site
Size
€479,224total assets 2025
Staff
3.2 FTE
Equity
€163,611
Loss
-€14,991
Turnover not published (micro format)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
  • HYRO SRLDirector · permanent representative BRAYE Lucie
2025 accounts filed 53 days late1 of 3 deeds summarised
Why 85raises riskLast filed accounts filed 53 days late; 1 of the last 3 latelowers riskFounded in 1995Size: total assets €479,224Liquidity: current ratio 1.50, cash €148,869Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 59-8
equity 34.1% of total assets
Liquidity 54-12
short-term debt 65.9% · cash 31.1%
Profitability 15=
return on assets -3.1%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,231 companies, NACE 47, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.2 percentage points vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.5, compared with 1.72 in 2024, below the usual 1.5; short-term debt: 65.9% and cash: 31.1% of total assets), and 65.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 50% on solvency, 59% on liquidity, 20% on profitability and 19% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Founded in 1995
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Last filed accounts filed 53 days late; 1 of the last 3 late
NBB · filings
lowers risk · Size: total assets €479,224
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.50, cash €148,869
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€14,991
raises risk · 2025 accounts filed 53 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
53 days late
2024
27 days late
2023
29 days late
2022
71 days late
2021
31 days late
2020
46 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€14,991
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 14% on net resultsector median €5,083 · 22,535 companies -€14,991 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€14,991 View
  • Active since 1995founded 10-04-1995 31 years View

By topic

Financials

Financial year
2025
Total assets
€479,224
Loss
-€14,991
Solvency
34.1%
Total assets▼ 2.7%
Net result
20182025
Go to Financials

Timeline

Events
35
Since
1996
Next accounts
by 31-07-2027
  1. 29-08-2024Annual accounts filed
  2. 10-10-2023Annual accounts filed
  3. 28-08-2023Resignation: BRAYE Lucie (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of games and toysNACE 47640
Founded
10-04-1995
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about CANARD PAON

What is the company number of CANARD PAON?
0454.822.409. In Belgium the VAT number is the company number with BE in front: BE 0454.822.409.
Where is CANARD PAON based?
The registered office is at Rue de Neufchâteau 153, 6700 Arlon.Company details
What does CANARD PAON do?
According to the KBO register, the main activity is retail sale of games and toys (NACE 47640).
What is the legal form of CANARD PAON?
Private limited company (BV).
When was CANARD PAON founded?
On 10-04-1995.
Is CANARD PAON still active?
Yes, CANARD PAON is an active enterprise in the KBO register.
How many employees does CANARD PAON have?
On average 3.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CANARD PAON?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is CANARD PAON profitable?
In financial year 2025, CANARD PAON made a loss of €14,991.
Where can I find the annual accounts of CANARD PAON?
CANARD PAON filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CANARD PAON due?
By 31-07-2027, for financial year 2026.Timeline

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