LA PAXYDE
ActiveSummary
LA PAXYDE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €450k and a net result of €-3k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-11
Solvency67▼-33
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.27 in 2024; short-term debt: 32% and cash: 7.4% of total assets), and 57.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
3 d early
2023
9 d early
2022
5 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k
2024 · €47k
2022: €258khighest in 4 years
2023: €148k▼ -42.5% vs 2022
2024: €47k▼ -68.4% vs 2023
2025: €-3k▼ -107% vs 2024lowest in 4 years
2022 → 2025
Working capital
€45k▲ 43.1%
2024 · €32k
2022: €281khighest in 4 years
2023: €-7k▼ -102% vs 2022lowest in 4 years
2024: €32k▲ +573% vs 2023
2025: €45k▲ +43.1% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€258k-€406k▲ 57.4%€453k▲ 11.5%€450k▼ 0.7%
2022: €258klowest in 4 years
2023: €406k▲ +57.4% vs 2022
2024: €453k▲ +11.5% vs 2023highest in 4 years
2025: €450k▼ -0.7% vs 2024
Operating result€257k-€188k▼ 26.9%€137k▼ 27.3%€8k▼ 94.3%
2022: €257khighest in 4 years
2023: €188k▼ -26.9% vs 2022
2024: €137k▼ -27.3% vs 2023
2025: €8k▼ -94.3% vs 2024lowest in 4 years
Net result€258k-€148k▼ 42.5%€47k▼ 68.4%€-3k
2022: €258khighest in 4 years
2023: €148k▼ -42.5% vs 2022
2024: €47k▼ -68.4% vs 2023
2025: €-3k▼ -107% vs 2024lowest in 4 years
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 94% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€674k ▲ 60.1%
Current assets
€384k ▲ 160%
Equity and liabilities €1.06M
Equity
€450k ▼ 0.7%
Debt
€609k ▲ 424%
Debt's share of the balance-sheet total rises from 20.4% to 57.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€27k▼
2024 · €156k
Cash flow
€16k▼
2024 · €66k
Current ratio
1.13▼
2024 · 1.27
Debt to equity
1.35▲
2024 · 0.26
ROE
-0.7%▼
2024 · 10.3%
ROA
-0.3%▼
2024 · 8.2%
Interest coverage
160.56▼
2024 · 1113.41
Debt ≤ 1 year
€339k▲
2024 · €116k
Debt > 1 year
€270k
Income taxes
€30k▼
2024 · €98k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€569k€1.06M▲
Fixed assets21/28€421k€674k▲
Tangible fixed assets22/27€421k€674k▲
Land and buildings22€407k€666k▲
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€7k€2k▼
Current assets29/58€148k€384k▲
Amounts receivable within one year40/41€28k€20k▼
Trade receivables40-€20k
Other amounts receivable41€28k-
Current investments50/53€49k€285k▲
Cash at bank and in hand54/58€70k€78k▲
Equity and liabilities
Total equity and liabilities10/49€569k€1.06M▲
Equity10/15€453k€450k▼
Contributions10/11€250€250=
Outside capital11€250-
Share premium1100/10€250-
Reserves13-€230k
Non-distributable reserves130/1-€230k
Reserves not available under the articles1311-€230k
Profit (loss) carried forward14€453k€219k▼
Amounts payable17/49€116k€609k▲
Amounts payable after more than one year17-€270k
Financial debts170/4-€270k
Amounts payable within one year42/48€116k€339k▲
Trade debts44€636€7k▲
Suppliers440/4€636€7k▲
Taxes, remuneration and social security45-€9k
Taxes450/3-€9k
Other amounts payable47/48€115k€323k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▲
Other operating charges640/8€6k€6k▲
Non-recurring operating charges66A-€42k
Gross operating margin9900€161k€76k▼
Operating profit (loss)9901€137k€8k▼
Financial income75/76B€8k€19k▲
Recurring financial income75€8k€19k▲
Financial charges65/66B€140€170▲
Recurring financial charges65€140€170▲
Profit (loss) for the period before taxes9903€145k€27k▼
Income taxes67/77€98k€30k▼
Profit (loss) for the period9904€47k€-3k▼
Profit (loss) for the period to be appropriated9905€47k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€453k€219k▼
Profit (loss) brought forward from the previous period14P€406k€223k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €10k | €19k | €19k | ▲ 2.1% |
| Other operating charges640/8 | €8k | €5k | €6k | €6k | ▲ 10.5% |
| Non-recurring operating charges66A | - | €58k | - | €42k | - |
| Gross operating margin9900 | €266k | €260k | €161k | €76k | ▼ 53.0% |
| Operating profit (loss)9901 | €257k | €188k | €137k | €8k | ▼ 94.3% |
| Financial income75/76B | €555 | - | €8k | €19k | ▲ 134% |
| Recurring financial income75 | €555 | - | €8k | €19k | ▲ 134% |
| Financial charges65/66B | €216 | €100 | €140 | €170 | ▲ 21.6% |
| Recurring financial charges65 | €216 | €100 | €140 | €170 | ▲ 21.6% |
| Profit (loss) for the period before taxes9903 | €258k | €188k | €145k | €27k | ▼ 81.3% |
| Income taxes67/77 | - | €40k | €98k | €30k | ▼ 69.3% |
| Profit (loss) for the period9904 | €258k | €148k | €47k | €-3k | ▼ 107% |
| Profit (loss) for the period to be appropriated9905 | €258k | €148k | €47k | €-3k | ▼ 107% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €313k | €620k | €569k | €1.06M | ▲ 86.0% |
| Fixed assets21/28 | €27k | €438k | €421k | €674k | ▲ 60.1% |
| Tangible fixed assets22/27 | €27k | €438k | €421k | €674k | ▲ 60.1% |
| Land and buildings22 | - | €419k | €407k | €666k | ▲ 63.4% |
| Plant, machinery and equipment23 | €6k | €5k | €7k | €6k | ▼ 12.3% |
| Furniture and vehicles24 | €21k | €14k | €7k | €2k | ▼ 67.6% |
| Current assets29/58 | €286k | €182k | €148k | €384k | ▲ 160% |
| Amounts receivable within one year40/41 | €56k | - | €28k | €20k | ▼ 28.3% |
| Trade receivables40 | €421 | - | - | €20k | - |
| Other amounts receivable41 | €56k | - | €28k | - | - |
| Current investments50/53 | - | €8k | €49k | €285k | ▲ 482% |
| Cash at bank and in hand54/58 | €230k | €174k | €70k | €78k | ▲ 11.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €313k | €620k | €569k | €1.06M | ▲ 86.0% |
| Equity10/15 | €258k | €406k | €453k | €450k | ▼ 0.7% |
| Contributions10/11 | €250 | €250 | €250 | €250 | = |
| Outside capital11 | €250 | €250 | €250 | - | - |
| Share premium1100/10 | €250 | €250 | €250 | - | - |
| Reserves13 | - | - | - | €230k | - |
| Non-distributable reserves130/1 | - | - | - | €230k | - |
| Reserves not available under the articles1311 | - | - | - | €230k | - |
| Profit (loss) carried forward14 | €258k | €406k | €453k | €219k | ▼ 51.5% |
| Amounts payable17/49 | €55k | €214k | €116k | €609k | ▲ 424% |
| Amounts payable after more than one year17 | - | - | - | €270k | - |
| Financial debts170/4 | - | - | - | €270k | - |
| Amounts payable within one year42/48 | €5k | €189k | €116k | €339k | ▲ 192% |
| Trade debts44 | - | - | €636 | €7k | ▲ 924% |
| Suppliers440/4 | - | - | €636 | €7k | ▲ 924% |
| Taxes, remuneration and social security45 | €5k | €9k | - | €9k | - |
| Taxes450/3 | €5k | €9k | - | €9k | - |
| Other amounts payable47/48 | - | €180k | €115k | €323k | ▲ 179% |
| Accrued charges and deferred income492/3 | €50k | €25k | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €258k | €148k | €47k | €-3k | ▼ 107% |
| + Depreciation and write-downs630 | €1k | €10k | €19k | €19k | ▲ 2.1% |
| Operating cash flow (approximation) | €259k | €158k | €66k | €16k | ▼ 75.2% |
| Investment in fixed assets (approximation) | - | €-420k | €-2k | €-273k | ▼ 11,467% |
| Change in cash | - | €-56k | €-104k | €8k | ▲ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Tournai · 1 establishment unit since 2021
Ground area
652 m²
Building footprint
88 m²
Volume, LiDAR
1,074 m³
Parcel 57463L0091/00S000, Wallonia · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de Maire(TOU) 144, 7500 Tournai
since 20212.313.323.306
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57463L0091/00S000 | Wallonia | 652 m² | 1 · 88 m² | 13.6 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 35,480 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
85599Other education
Contact
E-mail
thibaultlac@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.