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CHOCOLATIER GUY PAS

Active
Private limited company (pre-2019)founded 198838 years activeHerentalsstraat 16, 2300 Turnhout, BelgiumKBO/BCE: BE 0434.586.328
Summary

The computed 12-month bankruptcy probability of CHOCOLATIER GUY PAS is 2.3% (moderate). The 2024 annual accounts show equity of €115,689 and a net result of €4,714. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 67% of 2,091 sector peers (NACE 10, fiscal year 2024). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of cocoa, chocolate and sugar confectionery
NACE 10820
1 site
Size
€236,474total assets 2024
Equity
€115,689
Profit
€4,714
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2024
Bankruptcy probability, 12 months
2.3%
Structure
Accounts 68 days overdue0 of 4 deeds read
Why 53- 1 financial year not filed after the legal deadline; latest accounts 277 days late; 3 of the last 3 late- Figures for FY 2024 (filed 06-05-2026)- Sector Manufacture of food products (NACE 10)+ Founded in 1988Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 50% of its sector peers (NACE 10, micro)
Financial strength · tick = 2023
Strong
Solvency 74+10
equity 48.9% of total assets
Liquidity 49+8
short-term debt 38.0% · cash 13.5%
Profitability 69-6
return on assets 2.0%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,069 companies)
Last 24 months 11-2024: 5.1% 12-2024: 5.1%● unchanged vs 11-2024 01-2025: 5.1%● unchanged vs 12-2024 02-2025: 5.1%● unchanged vs 01-2025 03-2025: 5.1%● unchanged vs 02-2025 04-2025: 5.1%● unchanged vs 03-2025 05-2025: 6.7%▲ +1.6 percentage points vs 04-2025 06-2025: 6.7%● unchanged vs 05-2025 07-2025: 6.7%● unchanged vs 06-2025 08-2025: 6.3%▼ -0.4 percentage points vs 07-2025 09-2025: 6.3%● unchanged vs 08-2025 10-2025: 7.5%▲ +1.2 percentage points vs 09-2025 11-2025: 7.5%● unchanged vs 10-2025 12-2025: 7.5%● unchanged vs 11-2025 01-2026: 7.6%▲ +0.1 percentage points vs 12-2025 02-2026: 7.6%● unchanged vs 01-2026 03-2026: 8.0%▲ +0.4 percentage points vs 02-2026highest value 04-2026: 7.3%▼ -0.7 percentage points vs 03-2026 05-2026: 7.3%● unchanged vs 04-2026 06-2026: 1.1%▼ -6.2 percentage points vs 05-2026lowest value 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.6%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%▲ +0.1 percentage points vs 08-2026 10-2026: 2.3%▲ +0.6 percentage points vs 09-2026
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.46 against 1.99 in 2023; short-term debt: 38% and cash: 13.5% of total assets), but 51.1% of the assets are financed with debt.
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 10, micro): better than 66% on solvency, 45% on liquidity, 44% on profitability and 47% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 277 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1988
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for FY 2024 (filed 06-05-2026)
NBB · annual accounts
raises risk · Sector Manufacture of food products (NACE 10)
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-05-2026, 277 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
277 days late
2023
485 days late
2022
774 days late
2021
1002 days late
2020
108 days late
2019
349 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 499 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Positive: 5 profitable years in a rowprofit 2024: €4,714 5 years View
  • Active since 1988founded 20-06-1988 38 years View

By topic

Financials

Fiscal year
2024
Total assets
€236,474
Profit
€4,714
Solvency
48.9%
Total assets▼ 15.9%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 28-04-2025Annual accounts filed
  2. 31-12-2023Equity above €100,000
  3. 16-11-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Manufacture of cocoa, chocolate and sugar confectioneryNACE 10820
Founded
20-06-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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