Pabulum Factory
ActiveThe computed 12-month bankruptcy probability of Pabulum Factory is 3.4% (moderate). The 2025 annual accounts show equity of €22k and a net result of €2k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 1525 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
74
/ 100
Healthy▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-62
Solvency59▼-1
Growth78=
Stability94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.27 in 2024), and 64.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.8%
Return on assets
2.7%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
8 d early
2024
64 d early
2023
29 d late
2022
40 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▲ 6.4%
2024 · €21k
2022: €17k
2023: €-4k
2024: €21k
2022 → 2025
Total assets
€61k▲ 3.3%
2024 · €59k
2022: €60k
2023: €37k
2024: €59k
2022 → 2025
Net result
€2k▼ 93.2%
2024 · €24k
2022: €-38k
2023: €-17k
2024: €24k
2022 → 2025
Working capital
€4k▼ 56.4%
2024 · €9k
2022: €-6k
2023: €-20k
2024: €9k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€17k-€-4k€21k€22k▲ 6.4%
Operating result€-36k-€-16k▲ 56.3%€26k€3k▼ 87.6%
Net result€-38k-€-17k▲ 53.8%€24k€2k▼ 93.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€23k▲ 39.7%
Current assets
€39k▼ 10.3%
Equity and liabilities €61k
Equity
€22k▲ 6.4%
Debt
€39k▲ 1.6%
The debt ratio falls from 65.3% to 64.2%: equity grows faster than debt.
Key figures and ratios
EBITDA
€7k▼
2024 · €29k
Cash flow
€6k▼
2024 · €28k
Solvency
35.8%▲
2024 · 34.7%
Current ratio
1.11▼
2024 · 1.27
Quick ratio
1.07▲
2024 · 1.02
Debt / equity
1.80▼
2024 · 1.88
ROE
7.5%▼
2024 · 117.9%
ROA
2.7%▼
2024 · 40.9%
Interest coverage
3.88▼
2024 · 18.13
Debt
€39k▲
2024 · €39k
Debt ≤ 1 year
€35k▲
2024 · €34k
Debt > 1 year
€1k=
2024 · €1k
Income taxes
€39
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€59k€61k▲
Fixed assets21/28€16k€23k▲
Intangible fixed assets21€1k€990▼
Tangible fixed assets22/27€14k€22k▲
Land and buildings22€10k€9k▼
Plant, machinery and equipment23€3k-
Furniture and vehicles24€658€12k▲
Financial fixed assets28€1k-
Current assets29/58€43k€39k▼
Stocks and contracts in progress3€8k€1k▼
Stocks30/36€8k€1k▼
Amounts receivable within one year40/41€29k€35k▲
Trade receivables40€26k€35k▲
Other amounts receivable41€4k-
Cash at bank and in hand54/58€3k-
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€59k€61k▲
Equity10/15€21k€22k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-31k€-29k▲
Investment grants15€1k€1k▼
Amounts payable17/49€39k€39k▲
Amounts payable after more than one year17€1k€1k=
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€34k€35k▲
Financial debts43-€6k
Credit institutions430/8-€6k
Trade debts44€18k€18k▲
Suppliers440/4€18k€18k▲
Taxes, remuneration and social security45-€290
Taxes450/3-€290
Other amounts payable47/48€16k€10k▼
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€57€4k▲
Gross operating margin9900€29k€11k▼
Operating profit (loss)9901€26k€3k▼
Financial income75/76B€1€332▲
Recurring financial income75€1€332▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€24k€2k▼
Income taxes67/77-€39
Profit (loss) for the period9904€24k€2k▼
Profit (loss) for the period to be appropriated9905€24k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-29k▲
Profit (loss) brought forward from the previous period14P€-55k€-31k▲
The notes to these accounts (12 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.27
Current ratio from 0.47 to 1.27; short-term debt falls from €38k to €34k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2021
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.
Gustave Defnetstraat 11060 Sint-Gillis (bij-Brussel)Ground area
92 m²
Building footprint
86 m²
Volume, LiDAR
1,786 m³
Parcel 21562A0270/00X002, Brussels · tallest building 23.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
PABULUM FACTORY - MON BOUILLON
since 20212.317.207.363
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0270/00X002 | Brussels | 92 m² | 1 · 85 m² | 23.1 m · 7 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Gillis2.317.207.363
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Of 395 companies in sector 10890 we hold annual accounts for 225. 93 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-05-2021
Fiscal year end31-12
Activities, NACEBEL
10890Manufacture of food products
10520Manufacture of food products
10850Manufacture of food products
47120Other non-specialised retail sale
47910Retail trade
85592Vocational training
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.