PAAN TRADE

Active

Private limited company (pre-2019)founded 2016active for 10 yearsThiernessestraat 34, 1070 Anderlecht, BelgiumKBO/BCE: BE 0660.700.058

Summary

The computed 12-month bankruptcy probability of PAAN TRADE is 14.9% (high). For PAAN TRADE, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €18,666 and a net result of €4,203. Equity is growing by about 132% per year across the filed financial years. Its solvency ranks better than 57% of 5,992 sector peers (NACE 46, financial year 2021). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

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PAAN TRADEActive

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Activity

Agents in the wholesale of furniture, household goods and hardware

NACE 46150

1 site

Size

≈ €30,000turnover 2021, estimated

Equity: €18,666
Profit: €4,203

Turnover estimated from the gross margin

Financial health

Bankruptcy probabilitywithin 12 months: 14.9%

2021 figures too old to score

Structure

2022 accounts not filed, 1185 days past the deadline4 deeds in the Belgian Official Gazette

Signalsraises riskFigures for financial year 2021 (filed 27-11-2022)3 financial years not filed after the legal deadline; last filed accounts filed 116 days late; 3 of the last 3 lateSize: total assets €42,025Ex-officio strike-off in the KBOTwo or more financial years not filed2021 accounts filed 116 days lateAdministrative warnings in the KBO publicationsShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2021 are too old to assess current financial health.

Bankruptcy probability: High

Filing: At least two filing cycles are missing

Financial strength, FY 2021 · tick = 2019

Strong

Solvency 69+49

equity 44.4% of total assets

Liquidity 58+40

short-term debt 55.6% · cash 29.1%

Profitability 81+18

return on assets 10.0%

Bankruptcy probability, 12 months

14.9% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,881 companies, NACE 46, micro)

Last 24 months 11-2024: 8.6%lowest value 12-2024: 9.2%▲ +0.6 percentage points vs 11-2024 01-2025: 9.2%● unchanged vs 12-2024 02-2025: 9.2%● unchanged vs 01-2025 03-2025: 9.2%● unchanged vs 02-2025 04-2025: 9.2%● unchanged vs 03-2025 05-2025: 9.2%● unchanged vs 04-2025 06-2025: 9.2%● unchanged vs 05-2025 07-2025: 9.2%● unchanged vs 06-2025 08-2025: 8.8%▼ -0.4 percentage points vs 07-2025 09-2025: 8.8%● unchanged vs 08-2025 10-2025: 8.8%● unchanged vs 09-2025 11-2025: 8.8%● unchanged vs 10-2025 12-2025: 8.7%▼ -0.1 percentage points vs 11-2025 01-2026: 8.7%● unchanged vs 12-2025 02-2026: 8.7%● unchanged vs 01-2026 03-2026: 8.7%● unchanged vs 02-2026 04-2026: 8.7%● unchanged vs 03-2026 05-2026: 8.7%● unchanged vs 04-2026 06-2026: 8.7%● unchanged vs 05-2026 07-2026: 8.7%● unchanged vs 06-2026 08-2026: 8.7%● unchanged vs 07-2026 09-2026: 15.0%▲ +6.3 percentage points vs 08-2026highest value 10-2026: 14.9%▼ -0.1 percentage points vs 09-2026

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Signals

Seven signals.

raises risk

Figures for financial year 2021 (filed 27-11-2022)

NBB · annual accounts

3 financial years not filed after the legal deadline; last filed accounts filed 116 days late; 3 of the last 3 late

NBB · filings

Size: total assets €42,025

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Ex-officio strike-off in the KBO

KBO publications

Two or more financial years not filed

Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 3 filings

Position against the passed deadline

31-12-2022 year end31-07-2023 deadline28-10-2026 today

2021 accounts filed 116 days late

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 24-11-2022, 116 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 · 3 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

not filed

2021

116 days late

2019

117 days late

2018

117 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 117 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

Late accounts filing

28-08-2026 Late accounts filingevent 18-08-2026
24-11-2022 Annual accounts filedfinancial year 2021 · full…
31-12-2021 Highest result from 2018 to 2021net €4,203 ▲2.2%

Key points

Risk: 2022 accounts not fileddeadline was 31-07-2023 1185 days past the deadline View
Caution: Among the weakest 10% on equitysector median €994,045 · 5,991 companies €18,666 View
Active since 2016founded 04-08-2016 10 years View

By topic

Financials

Financial year: 2021
Total assets: €42,025
Profit: €4,203
Solvency: 44.4%

Total assets▲ 3.8%

Net result

20182021

Go to Financials

Timeline

Events: 6
Since: 2019

25-11-2020Annual accounts filed
31-12-2019Back to profit
25-11-2019Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Agents in the wholesale of furniture, household goods…NACE 46150
Founded: 04-08-2016
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about PAAN TRADE

What is the company number of PAAN TRADE?: 0660.700.058. In Belgium the VAT number is the company number with BE in front: BE 0660.700.058.
Where is PAAN TRADE based?: The registered office is at Thiernessestraat 34, 1070 Anderlecht.Company details
What does PAAN TRADE do?: According to the KBO register, the main activity is agents in the wholesale of furniture, household goods and hardware (NACE 46150).
What is the legal form of PAAN TRADE?: Private limited company (pre-2019) (BVBA).
When was PAAN TRADE founded?: On 04-08-2016.
Is PAAN TRADE still active?: Yes, PAAN TRADE is an active enterprise in the KBO register.
What is the turnover of PAAN TRADE?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is PAAN TRADE profitable?: In financial year 2021, PAAN TRADE made a profit of €4,203.
Where can I find the annual accounts of PAAN TRADE?: PAAN TRADE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2021.