Padeo
ActivePadeo has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €511k and a net result of €-28k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 90% of 300 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-58
Solvency100=
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 6.1 against 7.33 in 2024; short-term debt: 16.3% and cash: 90.3% of total assets), and 16.8% 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 · 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
83.2%
Return on assets
-4.6%
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 03-07-2026, 28 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
28 d early
2024
69 d early
2023
22 d early
2022
3 d early
2021
4 d early
2020
24 d early
2019
31 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-28k
2024 · €11k
2018: €-31k
2019: €16k
2020: €31k
2021: €-12k
2022: €-41k
2023: €3k
2024: €11k
2018 → 2025
Working capital
€510k▼ 5.0%
2024 · €537k
2018: €485k
2019: €505k
2020: €549k
2021: €559k
2022: €515k
2023: €521k
2024: €537k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€566k-€525k▼ 7.2%€528k▲ 0.5%€539k▲ 2.2%€511k▼ 5.2%
Operating result€-12k-€-41k▼ 252%€9k€9k▼ 0.4%€-32k
Net result€-12k-€-41k▼ 251%€3k€11k▲ 336%€-28k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €32k after €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €614k
Fixed assets
€4k▼ 33.4%
Current assets
€610k▼ 1.9%
Equity and liabilities €614k
Equity
€511k▼ 5.2%
Debt
€103k▲ 16.2%
The debt ratio rises from 14.2% to 16.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-30k▼
2024 · €12k
Cash flow
€-26k▼
2024 · €14k
Solvency
83.2%▼
2024 · 85.8%
Current ratio
6.10▼
2024 · 7.33
Quick ratio
6.10▼
2024 · 7.33
Debt / equity
0.20▲
2024 · 0.17
ROE
-5.5%▼
2024 · 2.1%
ROA
-4.6%▼
2024 · 1.8%
Interest coverage
-142.56▼
2024 · 61.44
Debt
€103k▲
2024 · €89k
Debt ≤ 1 year
€100k▲
2024 · €85k
Income taxes
€-1k▼
2024 · €906
Staff costs
€1.12M▲
2024 · €1.04M
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€628k€614k▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€4k€2k▼
Other tangible fixed assets26€4k€2k▼
Financial fixed assets28€2k€2k▲
Current assets29/58€622k€610k▼
Amounts receivable within one year40/41€24k€837▼
Trade receivables40€24k€4▼
Other amounts receivable41-€833
Current investments50/53€100k-
Cash at bank and in hand54/58€444k€555k▲
Deferred charges and accrued income490/1€54k€55k▲
Equity and liabilities
Total equity and liabilities10/49€628k€614k▼
Equity10/15€539k€511k▼
Contributions10/11€129k€129k=
Capital10€129k€129k=
Reserves13€402k€402k=
Profit (loss) carried forward14€8k€-20k▼
Amounts payable17/49€89k€103k▲
Amounts payable within one year42/48€85k€100k▲
Trade debts44€4k€20k▲
Suppliers440/4€4k€20k▲
Taxes, remuneration and social security45€81k€80k▼
Remuneration and social security454/9€81k€80k▼
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€960▼
Remuneration, social security and pensions62€1.04M€1.12M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€732€3k▲
Gross operating margin9900€1.05M€1.10M▲
Operating profit (loss)9901€9k€-32k▼
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€190€209▲
Recurring financial charges65€190€209▲
Profit (loss) for the period before taxes9903€12k€-29k▼
Income taxes67/77€906€-1k▼
Profit (loss) for the period9904€11k€-28k▼
Profit (loss) for the period to be appropriated9905€11k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-20k▼
Profit (loss) brought forward from the previous period14P€-3k€8k▲
Social balance
Average headcount (FTE)908730.830.6▼
The notes to these accounts (8 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €31k ▲102%
Operating result €31k, net result €31k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Deinze · 1 establishment unit since 2017
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.
Kortrijkstraat 609800 DeinzeGround area
276 m²
Building footprint
150 m²
Volume, LiDAR
1,699 m³
Parcel 44011B0500/00X000, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Padeo
since 20172.259.077.144
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011B0500/00X000 | Flanders | 276 m² | 1 · 150 m² | 13.9 m · 4 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
2022 to 2025 · 11 entries · 2,514,954 EUR awarded · 2,514,954 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 727,064 EUR | 727,064 EUR |
| 2024 | 3 | 704,070 EUR | 704,070 EUR |
| 2023 | 3 | 585,807 EUR | 587,245 EUR |
| 2022 | 3 | 498,013 EUR | 496,575 EUR |
Schemes
Dienstencheques
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Opleidingsfonds dienstencheques
Recognitions: source did not answer, try again later.
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Of 810 companies in sector 96910 we hold annual accounts for 618. 395 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded01-09-2016
Fiscal year end31-12
Activities, NACEBEL
81210General cleaning of buildings
96910Personal service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.