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Paddy Audit & Consulting

Active
Private limited companyfounded 199530 yrs activeBolwerklaan 21, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0456.753.402
Summary

Paddy Audit & Consulting has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.03M and a net result of €175k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 1004 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
85 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+5
Solvency99▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.06 in 2024; short-term debt: 23.9% and cash: 10.9% of total assets), and 25.9% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
74.1%
Return on assets
12.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
2 d early
2023
15 d early
2022
4 d late
2021
5 d early
2020
10 d late
2019
66 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€175k▲ 52.5%
2024 · €115k
2019: €106k 2020: €96k 2021: €88k 2022: €96k 2023: €102k 2024: €115k
2019 → 2025
Working capital
€43k▲ 120%
2024 · €19k
2019: €506k 2020: €582k 2021: €304k 2022: €273k 2023: €363k 2024: €19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€656k-€737k▲ 12.4%€814k▲ 10.5%€901k▲ 10.6%€1.03M▲ 13.9%
Operating result€115k-€121k▲ 5.8%€133k▲ 9.4%€145k▲ 9.1%€210k▲ 44.5%
Net result€88k-€96k▲ 9.3%€102k▲ 5.8%€115k▲ 12.6%€175k▲ 52.5%
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2021: €115k€115kNet result 2021: €88k€88kOperating result 2022: €121k€121kNet result 2022: €96k€96kOperating result 2023: €133k€133kNet result 2023: €102k€102kOperating result 2024: €145k€145kNet result 2024: €115k€115kOperating result 2025: €210k€210kNet result 2025: €175k€175k20212022202320242025€0€100k€200kOperating result 2023: €133k€133kNet result 2023: €102k€102kOperating result 2024: €145k€145kNet result 2024: €115k€115kOperating result 2025: €210k€210kNet result 2025: €175k€175k202320242025
The operating result has risen four years in a row; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.39M
Fixed assets €1.01M ▲ 8.2%
Current assets €374k ▲ 3.7%
Equity and liabilities €1.39M
Equity €1.03M ▲ 13.9%
Debt €359k ▼ 8.9%
Debt's share of the balance-sheet total falls from 30.5% to 25.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€252k
2024 · €162k
Cash flow
€218k
2024 · €132k
Current ratio
1.13
2024 · 1.06
Debt to equity
0.35
2024 · 0.44
ROE
17.1%
2024 · 12.8%
ROA
12.7%
2024 · 8.9%
Interest coverage
14.16
2024 · 11.24
Debt ≤ 1 year
€331k
2024 · €341k
Debt > 1 year
€28k
2024 · €53k
Income taxes
€38k
2024 · €26k
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 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.29M€1.39M
Fixed assets21/28€934k€1.01M
Tangible fixed assets22/27€164k€126k
Land and buildings22€5k€3k
Furniture and vehicles24€157k€118k
Other tangible fixed assets26€2k€6k
Financial fixed assets28€770k€885k
Current assets29/58€361k€374k
Amounts receivable within one year40/41€159k€131k
Trade receivables40€62k-
Other amounts receivable41€97k€131k
Current investments50/53-€92k
Cash at bank and in hand54/58€200k€151k
Deferred charges and accrued income490/1€2k€325
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.39M
Equity10/15€901k€1.03M
Contributions10/11€20k€20k=
Reserves13€878k€998k
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€838k€958k
Profit (loss) carried forward14€3k€8k
Amounts payable17/49€394k€359k
Amounts payable after more than one year17€53k€28k
Financial debts170/4€53k€28k
Amounts payable within one year42/48€341k€331k
Current portion of amounts payable after more than one year42€22k€25k
Trade debts44€55k€28k
Suppliers440/4€55k€28k
Taxes, remuneration and social security45€11k€17k
Taxes450/3€11k€17k
Other amounts payable47/48€253k€261k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€43k
Other operating charges640/8€5k€5k
Gross operating margin9900€167k€258k
Operating profit (loss)9901€145k€210k
Financial income75/76B€10k€22k
Recurring financial income75€10k€22k
Financial charges65/66B€14k€18k
Recurring financial charges65€14k€18k
Profit (loss) for the period before taxes9903€141k€213k
Income taxes67/77€26k€38k
Profit (loss) for the period9904€115k€175k
Profit (loss) for the period to be appropriated9905€115k€175k
Appropriation of the result
Profit (loss) to be appropriated9906€118k€178k
Profit (loss) brought forward from the previous period14P€3k€3k
Transfer to equity691/2€85k€120k
To other reserves6921€85k€120k
Profit to be distributed694/7€30k€50k
Other beneficiaries697€30k€50k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2026
03-09
State Gazette act Restructuring
Merger · Accounting effect · Power of attorney7 facts ▸
  • Board meeting, 14-08-2026
  • Board meeting, 14-08-2026
  • Merger, absorption
  • Accounting effect, 01-04-2026
  • Power of attorney, Caroline Gossart
  • Power of attorney, Philippe Gossart
  • Ire resignation, 01-07-2026
2025
27-10
NBB filing Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial Highest result since 2019net €175k ▲52.5%
Operating result €210k, net result €175k, both a record.
31-03
Financial Equity above €1MEq €1.03M ▲13.9%
7 profitable years in a row build equity to €1.03M.
2024
29-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2023
16-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2022
04-11
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 4 days late
2021
26-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial Weakest financial yearnet €88k ▼7.8%
Net result drops to €88k, the lowest in the series; recovery starts the following year.
2020
10-11
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2019
26-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
30-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
22-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
26-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 1995
establishment The establishment unit on the map
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.

Bolwerklaan 211210 Sint-Joost-ten-Node
Ground area
7,591 m²
Building footprint
6,964 m²
Volume, LiDAR
397,635 m³
Parcel 21014A0008/00Z010, Brussels · tallest building 112.9 m, ±22 floors. Linked by address, not a title deed.
1 establishment unit
Bolwerklaan 21, 1210 Sint-Joost-ten-Node
NACE 74123
since 19952.181.560.583
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21014A0008/00Z010 Brussels 7,591 m² 1 · 6,964 m² 112.8 m · 22 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.

Articles of association

Purpose
La société a pour objet l'exercice de la profession de réviseur d'entreprises en son propre nom ainsi que l'exercice en commun de cette profession par ses actionnaires, et la…
Full purpose

La société a pour objet l'exercice de la profession de réviseur d'entreprises en son propre nom ainsi que l'exercice en commun de cette profession par ses actionnaires, et la collaboration avec d'autres réviseurs d'entreprises ou avec des personnes ayant une qualité équivalente à l'étranger. L'exercice de la profession vise plus spécialement l'exercice des missions révisorales visées à l'article 4 de la loi du 7 décembre 2016 organisant la profession de réviseur d'entreprises et la supervision publique des réviseurs d'entreprises (ci-après la < Loi ») et l'exercice de toutes les activités compatibles avec la qualité de réviseur d'entreprises. La société peut accomplir toutes les opérations et rendre tous les services nécessaires ou utiles à la réalisation ou de son objet et qui ne sont pas incompatibles avec la qualité de réviseur d'entreprises. Elle peut notamment vendre ou acheter, donner à bail ou prendre en location, tous biens corporels et incorporels, immobiliers mobiliers ainsi que conclure tout contrat de travail ou d'entreprise avec des tiers. Elle peut s'intéresser par voie d'apports, de fusion, d'association momentanée, de participation, ou autrement, à toutes autres sociétés entreprises ayant un objet similaire, analogue ou connexe au sien. La société peut également, participer, s'intéresser et collaborer avec d'autres sociétés professionnelles de titulaires de professions libérales ou des sociétés interprofessionnelles de titulaires de professions libérales. Au cas où la prestation de certains actes serait soumise à des conditions préalables d'accès à la profession, la société subordonnera son action, en ce qui concerne la prestation de ces actes, à la réalisation de ces conditions. Sous les restrictions ci-avant, la société peut accomplir toutes opérations mobilières, financières immobilières. et

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:HUGO CONSULTING
BE 0466.101.133merger by absorption · proposal · State Gazette act of 03-09-2026 (2 acts)

Recognitions · licences · registrations

Legal Entity Identifier

894500QX3QEBY4FBSH36
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 944 companies in sector 69203 we hold annual accounts for 659. 445 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-12-1995
Fiscal year end31-03
Activities, NACEBEL 2025
69203Activities of company auditors
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.