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PAA SERVICES

Active
Private limited companyfounded 2023active for 3 yearsWingene Steenweg 12, 8730 Beernem, BelgiumKBO/BCE: BE 0802.352.920
Summary

The computed 12-month bankruptcy probability of PAA SERVICES is 4.7% (elevated). The 2024 annual accounts show equity of €1,583 and a net result of -€3,417. Its solvency ranks better than 18% of 340 sector peers (NACE 80, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

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PAA SERVICESActiveChecked score 35/100
Risk analysis ReportCompare

Overview

Activity
Investigation and security activities
NACE 80090
1 site
Size
€25,844total assets 2024
Equity
€1,583
Loss
-€3,417
Turnover not published (micro format)
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.7%
Structure
2024 accounts filed 138 days late
Why 35raises riskFigures for financial year 2024 (filed 22-12-2025)1 financial year not filed after the legal deadline; last filed accounts filed 138 days late; 1 of the last 3 lateFounded in 2023lowers riskSector: Investigation and security activities (NACE 80)Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 13% of its sector peers (NACE 80, micro)
Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency 31
equity 6.1% of total assets
Liquidity 5
short-term debt 93.9% · cash 3.9%
Profitability 4
return on assets -13.2%
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (478 companies, NACE 80, micro)
Last 24 months 11-2024: 0.9%lowest value 12-2024: 0.9%● unchanged vs 11-2024lowest value 01-2025: 1.0%▲ +0.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.1%▲ +0.1 percentage points vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.8%▲ +0.7 percentage points vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 2.0%▲ +0.2 percentage points vs 02-2026 04-2026: 2.1%▲ +0.1 percentage points vs 03-2026 05-2026: 2.1%● unchanged vs 04-2026 06-2026: 2.0%▼ -0.1 percentage points vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 2.5%▲ +0.5 percentage points vs 07-2026 09-2026: 3.1%▲ +0.6 percentage points vs 08-2026 10-2026: 4.7%▲ +1.6 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.07, below the usual 1.5; short-term debt: 93.9% and cash: 3.9% of total assets), and 93.9% 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 80, micro): better than 18% on solvency, 5% on liquidity and 16% on profitability.

The bankruptcy probability was computed on 27-10-2026 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
raises risk · Figures for financial year 2024 (filed 22-12-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 138 days late; 1 of the last 3 late
NBB · filings
lowers risk · Sector: Investigation and security activities (NACE 80)
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 340 sector peers (2024).
NBB · sector comparison
Position among 340 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · 2024 accounts filed 138 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-12-2025, 138 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2024
138 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 138 days after the deadline; the sector median (NACE 80) for financial year 2024 is 2 days before the deadline, and 42% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. IncorporationAppointment: LAMBRECHT Bart Wim Florent…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 138 days View
  • Caution: Among the weakest 17% on equitysector median €56,563 · 340 companies €1,583 View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2024
Total assets
€25,844
Loss
-€3,417
Solvency
6.1%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Investigation and security activitiesNACE 80090
Founded
02-06-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Who signs
Each director alone
Annual meeting
Third Friday of June at 15:00
Purpose
“Het verstrekken van advies en het verlenen van diensten aan ondernemingen,verenigingen en…” (deed in Dutch)
Go to Articles of association

Key facts about PAA SERVICES

What is the company number of PAA SERVICES?
0802.352.920. In Belgium the VAT number is the company number with BE in front: BE 0802.352.920.
Where is PAA SERVICES based?
The registered office is at Wingene Steenweg 12, 8730 Beernem.Company details
What does PAA SERVICES do?
According to the KBO register, the main activity is investigation and security activities (NACE 80090).
What is the legal form of PAA SERVICES?
Private limited company (BV).
When was PAA SERVICES founded?
On 02-06-2023.
Is PAA SERVICES still active?
Yes, PAA SERVICES is an active enterprise in the KBO register.
What is the turnover of PAA SERVICES?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is PAA SERVICES profitable?
In financial year 2024, PAA SERVICES made a loss of €3,417.
Where can I find the annual accounts of PAA SERVICES?
PAA SERVICES filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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