Casas Papi
ActiveSummary
The computed 12-month bankruptcy probability of Casas Papi is 4.5% (elevated). The 2024 annual accounts show equity of €29,868 and a net result of €29,868. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
2024 annual accounts filed late (64 days) Filed on 3 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00531584.
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 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 74.5% 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 39,278 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.
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,000 |
| Gross operating margin9900 | €32,868 |
| Operating profit (loss)9901 | €29,868 |
| Profit (loss) for the period before taxes9903 | €29,868 |
| Profit (loss) for the period9904 | €29,868 |
| Profit (loss) for the period to be appropriated9905 | €29,868 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €39,990 | |
| Formation expenses20 | €0 | |
| Fixed assets21/28 | €577 | |
| Tangible fixed assets22/27 | €577 | |
| Plant, machinery and equipment23 | €577 | |
| Current assets29/58 | €39,412 | |
| Amounts receivable within one year40/41 | €19,412 | |
| Trade receivables40 | €12,200 | |
| Other amounts receivable41 | €7,212 | |
| Cash at bank and in hand54/58 | €20,001 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €39,990 | |
| Equity10/15 | €29,868 | |
| Profit (loss) carried forward14 | €29,868 | |
| Amounts payable17/49 | €10,121 | |
| Amounts payable within one year42/48 | €10,121 | |
| Trade debts44 | €9,090 | |
| Suppliers440/4 | €9,090 | |
| Taxes, remuneration and social security45 | €1,031 | |
| Taxes450/3 | €1,031 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €29,868 |
| + Depreciation and write-downs630 | €3,000 |
| Operating cash flow (approximation) | €32,868 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 03-10-2025 | 2025-00531584 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.