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PADEL DES PAPILLONS

Active
Private limited companyfounded 2022active for 4 yearsRue de Merbes 210, 7133 Binche, BelgiumKBO/BCE: BE 0789.985.519
Summary

The computed 12-month bankruptcy probability of PADEL DES PAPILLONS is 4.6% (elevated). The 2024 annual accounts show negative equity (-€1,599) and a net result of €13,876. Its solvency ranks better than 23% of 25,561 sector peers (NACE 47, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 25-08-2022 Normal situation
Registered office
10 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Retail sale of other sporting goods NACE 47639and 4 others
Establishment unit
2.335.291.529 7134 Binche, since 25-08-2022
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
Shareholders
  • BLAIRON Edwin Robert Fernanddeed of 29-08-2022

Financial position

39 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.6%
Annual accounts 2024
Gross margin
€53,492
▲ 37×
Turnover
≈ €320,000
estimated
Profit
€13,876
Equity
-€1,599
▲ 89.7%
Total assets
€525,369
▲ 29.9%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 97 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 118 days late; 2 of the last 3 accounts lateFigures for financial year 2024 (filed on 05-12-2025)Negative equity -€1,599lowers riskSize: total assets €525,369Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 48% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Weak
Solvency 25+4
equity -0.3% of total assets
Liquidity 45-2
short-term debt 21.0% · cash 1.7%
Profitability 51+43
return on assets 2.6%
Bankruptcy probability within 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (40,278 companies, NACE 47, micro)
Last 24 months 12-2024: 3.9% 01-2025: 3.9%● unchanged vs 12-2024 02-2025: 3.9%● unchanged vs 01-2025 03-2025: 3.9%● unchanged vs 02-2025 04-2025: 4.0%▲ +0.1 percentage points vs 03-2025 05-2025: 4.0%● unchanged vs 04-2025 06-2025: 3.8%▼ -0.2 percentage points vs 05-2025 07-2025: 3.8%● unchanged vs 06-2025 08-2025: 4.4%▲ +0.6 percentage points vs 07-2025 09-2025: 4.6%▲ +0.2 percentage points vs 08-2025 10-2025: 5.7%▲ +1.1 percentage points vs 09-2025 11-2025: 5.9%▲ +0.2 percentage points vs 10-2025 12-2025: 6.8%▲ +0.9 percentage points vs 11-2025highest value 01-2026: 3.1%▼ -3.7 percentage points vs 12-2025 02-2026: 3.1%● unchanged vs 01-2026 03-2026: 3.1%● unchanged vs 02-2026 04-2026: 3.1%● unchanged vs 03-2026 05-2026: 3.2%▲ +0.1 percentage points vs 04-2026 06-2026: 3.1%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 3.1%● unchanged vs 06-2026 08-2026: 3.5%▲ +0.4 percentage points vs 07-2026 09-2026: 3.6%▲ +0.1 percentage points vs 08-2026 10-2026: 4.6%▲ +1.0 percentage point vs 09-2026 11-2026: 4.6%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.18 (0.11 in 2023), below 1. Short-term debt is 21% and cash 1.7% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 19% of them on solvency, 44% on liquidity, 37% on profitability and 91% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 118 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 05-12-2025)
NBB · annual accounts
lowers risk · Size: total assets €525,369
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€1,599
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 25561 sector peers (2024).
NBB · sector comparison
Position among 25561 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 118 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-11-2025, 118 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 · 2 filings
Deviation from the deadline
2025
not filed
2024
118 days late
2023
118 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 118 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€1,599 View
  • Larger balance sheet than 86% of companies in retail tradesector median €147,622 · 25,570 companies €525,369 View

Recent changes

  1. · Gazette deed IncorporationFounding capital of €20,000, 100 shares · Founder: BLAIRON Edwin Robert Fernand · Appointment: BLAIRON Edwin Robert Fernand (managing director)
All 4 events

Comparable companies

These companies have the same main activity as PADEL DES PAPILLONS: retail sale of other sporting goods (NACE 47639). They are comparable in size and age: total assets between €323,000 and €704,000, founded between 2020 and 2024.

CompanyTotal assetsGross margin
PADEL DES PAPILLONS Binche€525,369€53,492
BUENCAMINO NIEUWPOORT Nieuwpoort€434,921€71,984
VANHEE-VERFAILLIE Wervik€703,978€33,673
WRS International Menen€578,305€38,875
Green Impact Management Ixelles€512,491€72,775
O'STREET BOARDSHOP Namur€322,569€65,048
JUPITER FIETS & FITNESS Schoten€643,778€101,515
Full comparison

Key facts about PADEL DES PAPILLONS

What is the company number of PADEL DES PAPILLONS?
The company number of PADEL DES PAPILLONS is 0789.985.519. The VAT number is the same number with BE in front: BE 0789.985.519.
Where is PADEL DES PAPILLONS based?
The registered office is at Rue de Merbes 210, 7133 Binche.Company details
What does PADEL DES PAPILLONS do?
According to the KBO register, the main activity is retail sale of other sporting goods (NACE 47639).
What is the legal form of PADEL DES PAPILLONS?
PADEL DES PAPILLONS is a private limited company (BV).
When was PADEL DES PAPILLONS founded?
PADEL DES PAPILLONS was founded on 25-08-2022.
Is PADEL DES PAPILLONS still active?
Yes, PADEL DES PAPILLONS is an active enterprise in the KBO register.
What is the turnover of PADEL DES PAPILLONS?
The turnover in financial year 2024 is ≈ €320,000. This figure is estimated from the gross margin of €53,492 and 32 comparable companies (NACE 476). It probably lies between €150,000 and €540,000.Financials
Is PADEL DES PAPILLONS profitable?
In financial year 2024, PADEL DES PAPILLONS made a profit of €13,876.
Where can I find the annual accounts of PADEL DES PAPILLONS?
PADEL DES PAPILLONS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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