PAARDEBOS
ActivePAARDEBOS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163k and a net result of €-20k. Equity is growing by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 3102 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-26
Solvency45▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.47 against 4.65 in 2024; short-term debt: 47.4% and cash: 5.8% of total assets), and 79.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
126 d early
2023
34 d early
2022
4 d early
2021
5 d early
2020
74 d late
2019
48 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€163k▼ 11.0%
2024 · €183k
2018: €-41k
2019: €35k
2020: €63k
2021: €91k
2022: €114k
2023: €158k
2024: €183k
2018 → 2025
Total assets
€808k▲ 32.3%
2024 · €610k
2018: €767k
2019: €830k
2020: €771k
2021: €761k
2022: €725k
2023: €615k
2024: €610k
2018 → 2025
Net result
€-20k
2024 · €25k
2018: €594k
2019: €76k
2020: €28k
2021: €27k
2022: €23k
2023: €44k
2024: €25k
2018 → 2025
Working capital
€-204k
2024 · €39k
2018: €-266k
2019: €-140k
2020: €-96k
2021: €-27k
2022: €34k
2023: €31k
2024: €39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€91k-€114k▲ 25.8%€158k▲ 38.4%€183k▲ 15.9%€163k▼ 11.0%
Operating result€45k-€40k▼ 9.7%€58k▲ 43.0%€38k▼ 34.6%€-14k
Net result€27k-€23k▼ 15.0%€44k▲ 87.6%€25k▼ 42.7%€-20k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €38k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €808k
Fixed assets
€629k▲ 12.3%
Current assets
€178k▲ 257%
Equity and liabilities €808k
Equity
€163k▼ 11.0%
Debt
€645k▲ 50.8%
The debt ratio rises from 70.1% to 79.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €61k
Cash flow
€10k▼
2024 · €48k
Solvency
20.1%▼
2024 · 29.9%
Current ratio
0.47▼
2024 · 4.65
Quick ratio
0.15▼
2024 · 4.65
Debt / equity
3.97▲
2024 · 2.34
ROE
-12.4%▼
2024 · 13.7%
ROA
-2.5%▼
2024 · 4.1%
Interest coverage
2.68▼
2024 · 4.76
Debt
€645k▲
2024 · €428k
Debt ≤ 1 year
€383k▲
2024 · €11k
Debt > 1 year
€262k▼
2024 · €402k
Staff costs
€275
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€610k€808k▲
Fixed assets21/28€561k€629k▲
Intangible fixed assets21-€19k
Tangible fixed assets22/27€561k€611k▲
Land and buildings22€558k€591k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24-€17k
Current assets29/58€50k€178k▲
Stocks and contracts in progress3-€120k
Stocks30/36-€120k
Amounts receivable within one year40/41€14k€11k▼
Trade receivables40€14k€605▼
Other amounts receivable41€37€11k▲
Cash at bank and in hand54/58€35k€47k▲
Deferred charges and accrued income490/1€88€0▼
Equity and liabilities
Total equity and liabilities10/49€610k€808k▲
Equity10/15€183k€163k▼
Contributions10/11€230k€230k=
Revaluation surpluses12€113k€108k▼
Reserves13€100k€105k▲
Tax-exempt reserves132-€105k
Distributable reserves133€100k-
Profit (loss) carried forward14€-260k€-280k▼
Amounts payable17/49€428k€645k▲
Amounts payable after more than one year17€402k€262k▼
Financial debts170/4€402k€262k▼
Amounts payable within one year42/48€11k€383k▲
Current portion of amounts payable after more than one year42-€80k
Trade debts44€10k€297k▲
Suppliers440/4€10k€297k▲
Taxes, remuneration and social security45€897€0▼
Taxes450/3€897€0▼
Other amounts payable47/48-€6k
Accrued charges and deferred income492/3€15k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€13k
Remuneration, social security and pensions62-€275
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€30k▲
Other operating charges640/8€9k€8k▼
Gross operating margin9900€69k€24k▼
Operating profit (loss)9901€38k€-14k▼
Financial income75/76B-€13
Recurring financial income75-€13
Financial charges65/66B€13k€6k▼
Recurring financial charges65€13k€6k▼
Profit (loss) for the period before taxes9903€25k€-20k▼
Profit (loss) for the period9904€25k€-20k▼
Profit (loss) for the period to be appropriated9905€25k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-260k€-280k▼
Profit (loss) brought forward from the previous period14P€-285k€-260k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-20k ▼180%
Net result drops to €-20k, the lowest in the series.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity times 20current ratio 29.13
Current ratio from 1.43 to 29.13; short-term debt falls from €80k to €1k.
31-12
Financial
Equity above €150kEq €158k ▲38.4%
6 profitable years in a row build equity to €158k.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €100kEq €114k ▲25.8%
5 profitable years in a row build equity to €114k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 74 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 48 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 16 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Zonnebeke · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Paardebosstraat 28980 ZonnebekeGround area
117 m²
Building footprint
117 m²
Volume, LiDAR
700 m³
Parcel 33019A0452/00R000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Paardebos
since 20052.145.811.234
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33019A0452/00R000 | Flanders | 117 m² | 1 · 117 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,482 EUR awarded · 1,482 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,482 EUR | 1,482 EUR |
Schemes
Subsidie in het kader van land- en tuinbouwbeleid
Recognitions · licences · registrations
Food safety, FASFC
1 siteZonnebeke2.145.811.234
Similar companies · same sector, comparable size
BioVar.be
BE 0873.795.301
Wingene · Eq €163k
PYVAR
BE 0413.757.458
Vleteren · Eq €161k
F. D'hondt
BE 1000.318.834
Hooglede · Eq €164k
Houtgracht
BE 0405.570.064
Roeselare · Eq €161k
KERREWEG
BE 0859.944.194
Evergem · Eq €167k
Of 902 companies in sector 01461 we hold annual accounts for 295. 242 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-02-2005
Fiscal year end31-12
Activities, NACEBEL
01231
01461Pig breeding farms
01110Growing of cereals (except rice), leguminous crops and oil seeds
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.