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PADETTIMMO

Active
Private limited companyfounded 20223 yrs activeAvenue du Stade 11, 7090 Braine-le-Comte, BelgiumKBO/BCE: BE 0794.588.861
Summary

PADETTIMMO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€39,518. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 9436 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

What they do
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
#5 company by equity in Braine-le-Comte, Real estate sector1 site
How big
€2.2mtotal assets 2025
Equity
€1.1m
Loss
-€39,518
Financially healthy?
65 Healthy Checked score 2025
Bankruptcy chance 12 m
0.8%
Who decides
Largest shareholder
HAZARD BOYS TEAM · 10%
Accounts 7 d early0 of 1 deed read
Why 65- Limited track record- Higher-failure-rate region- Persistent losses+ Lower-failure-rate sector+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability16▲+4
Solvency78▼-22
Growth58=
Track record94
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 3.73 against 11.36 in 2024; short-term debt: 10.2% and cash: 29.5% of total assets), and 47.4% of the assets are financed with debt.
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Signals

Six 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 · 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
52.6%
Return on assets
-1.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€39,518
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 · 3 filings
Deviation from the deadline
2025
7 d early
2024
29 d late
2023
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 24 July (3 of the last 3 filed years within 36 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Financials

Fiscal year 2025Total assets €2.2mLoss -€39,518Solvency 52.6%Liquidity 3.73
Total assets
€2.2m▲ 73.4%
2023 - 2025
Net result
-€39,518▲ 45.7%
2023 - 2025
Equity
€1.1m▼ 3.3%
2023 - 2025
Solvency
52.6%▼ 41.8pp
2023 - 2025

Financials · fiscal year 2025, abbreviated schema

Trend over the years3 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€0.2m--€0.07m▲ 70.2%-€0.03m▲ 61.0%
Net result-€0.2mbelow the sector's middle half--€0.07mbelow the sector's middle half▲ 69.5%-€0.04mbelow the sector's middle half▲ 45.7%
Equity€1.3mwithin the sector's middle half-€1.2mwithin the sector's middle half▼ 5.8%€1.1mwithin the sector's middle half▼ 3.3%
Total assets€1.3mwithin the sector's middle half-€1.3mwithin the sector's middle half▼ 5.0%€2.2mwithin the sector's middle half▲ 73.4%
Debt€0.06m-€0.07m▲ 10.0%€1.0m▲ 1,375%
Working capital€0.7mwithin the sector's middle half-€0.7mwithin the sector's middle half▼ 7.4%€0.6mabove the sector's middle half▼ 10.7%
Solvency95.2%above the sector's middle half-94.4%above the sector's middle half▼ 0.8pp52.6%within the sector's middle half▼ 41.8pp
Current ratio12.53above the sector's middle half-11.36above the sector's middle half▼ 1.173.73above the sector's middle half▼ 7.63
Return on assets (ROA)-18.0%below the sector's middle half--5.8%below the sector's middle half▲ 12.2pp-1.8%within the sector's middle half▲ 4.0pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0Operating result 2023: -€238,336-€238,336Net result 2023: -€238,351-€238,351Operating result 2024: -€71,007-€71,007Net result 2024: -€72,800-€72,800Operating result 2025: -€27,701-€27,701Net result 2025: -€39,518-€39,518202320242025-€300,000-€200,000-€100,000€0Operating result 2023: -€238,336-€238,000Net result 2023: -€238,351-€238,000Operating result 2024: -€71,007-€71,000Net result 2024: -€72,800-€72,800Operating result 2025: -€27,701-€27,700Net result 2025: -€39,518-€39,500202320242025
The operating result stays negative: a loss of €27,701 in 2025 against €71,007 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets €1.4m ▲ 164%
Current assets €829,871 ▲ 11.3%
Equity and liabilities €2.2m
Equity €1.1m ▼ 3.3%
Debt €1.0m ▲ 1,375%
Debt's share of the balance-sheet total rises from 5.6% to 47.4%. Equity is lower and debt is higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
-€26,227▲
2024 · -€57,367
Cash flow
-€38,044▲
2024 · -€59,160
Debt to equity
0.90▲
2024 · 0.06
ROE
-3.4%▲
2024 · -6.1%
Interest coverage
-2.22▲
2024 · -31.99
Debt ≤ 1 year
€222,591▲
2024 · €65,669
Debt > 1 year
€811,704
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 480 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
0.8% went bankrupt
3.1% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 480 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€2.2m▲
Fixed assets21/28€0.5m€1.4m▲
Tangible fixed assets22/27€0.5m€1.4m▲
Land and buildings22€0.5m€0.5m▼
Assets under construction and advance payments27-€0.9m
Current assets29/58€0.7m€0.8m▲
Amounts receivable within one year40/41€0.06m€0.2m▲
Trade receivables40-€0.07m
Other amounts receivable41€0.06m€0.1m▲
Cash at bank and in hand54/58€0.7m€0.6m▼
Deferred charges and accrued income490/1€0.001m€0▼
Equity and liabilities
Total equity and liabilities10/49€1.3m€2.2m▲
Equity10/15€1.2m€1.1m▼
Contributions10/11€1.5m€1.5m=
Profit (loss) carried forward14-€0.3m-€0.4m▼
Amounts payable17/49€0.07m€1.0m▲
Amounts payable after more than one year17-€0.8m
Other amounts payable178/9-€0.8m
Amounts payable within one year42/48€0.07m€0.2m▲
Trade debts44€0.007m€0.2m▲
Suppliers440/4€0.007m€0.2m▲
Other amounts payable47/48€0.06m€0.001m▼
Accrued charges and deferred income492/3€0.004m€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.001m▼
Other operating charges640/8€0.004m€0.006m▲
Gross operating margin9900-€0.05m-€0.02m▲
Operating profit (loss)9901-€0.07m-€0.03m▲
Financial charges65/66B€0.002m€0.01m▲
Recurring financial charges65€0.002m€0.01m▲
Profit (loss) for the period before taxes9903-€0.07m-€0.04m▲
Profit (loss) for the period9904-€0.07m-€0.04m▲
Profit (loss) for the period to be appropriated9905-€0.07m-€0.04m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.3m-€0.4m▼
Profit (loss) brought forward from the previous period14P-€0.2m-€0.3m▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59,503€13,640€1,474▼ 89.2%
Other operating charges640/8€3,751€4,470€5,546▲ 24.1%
Gross operating margin9900-€175,082-€52,896-€20,681▲ 60.9%
Operating profit (loss)9901-€238,336-€71,007-€27,701▲ 61.0%
Financial charges65/66B€15€1,794€11,817▲ 559%
Recurring financial charges65€15€1,794€11,817▲ 559%
Profit (loss) for the period before taxes9903-€238,351-€72,800-€39,518▲ 45.7%
Profit (loss) for the period9904-€238,351-€72,800-€39,518▲ 45.7%
Profit (loss) for the period to be appropriated9905-€238,351-€72,800-€39,518▲ 45.7%
Line202320242025Change
Assets
Total assets20/58€1.3m€1.3m€2.2m▲ 73.4%
Fixed assets21/28€0.5m€0.5m€1.4m▲ 164%
Tangible fixed assets22/27€0.5m€0.5m€1.4m▲ 164%
Land and buildings22€0.5m€0.5m€0.5m▼ 8.2%
Assets under construction and advance payments27--€0.9m-
Current assets29/58€0.8m€0.7m€0.8m▲ 11.3%
Amounts receivable within one year40/41€0.05m€0.06m€0.2m▲ 211%
Trade receivables40--€0.07m-
Other amounts receivable41€0.05m€0.06m€0.1m▲ 96.2%
Cash at bank and in hand54/58€0.7m€0.7m€0.6m▼ 5.9%
Deferred charges and accrued income490/1-€0.001m€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m€2.2m▲ 73.4%
Equity10/15€1.3m€1.2m€1.1m▼ 3.3%
Contributions10/11€1.5m€1.5m€1.5m=
Profit (loss) carried forward14-€0.2m-€0.3m-€0.4m▼ 12.7%
Amounts payable17/49€0.06m€0.07m€1.0m▲ 1,375%
Amounts payable after more than one year17--€0.8m-
Other amounts payable178/9--€0.8m-
Amounts payable within one year42/48€0.06m€0.07m€0.2m▲ 239%
Trade debts44€0.01m€0.007m€0.2m▲ 2,951%
Suppliers440/4€0.01m€0.007m€0.2m▲ 2,951%
Other amounts payable47/48€0.05m€0.06m€0.001m▼ 98.1%
Accrued charges and deferred income492/3-€0.004m€0▼ 100%
Line202320242025Change
Profit (loss) for the period9904-€238,351-€72,800-€39,518▲ 45.7%
+ Depreciation and write-downs630€59,503€13,640€1,474▼ 89.2%
Operating cash flow (approximation)-€178,848-€59,160-€38,044▲ 35.7%
Investment in fixed assets (approximation)-€0-€841,971-
Change in cash--€63,144-€40,486▲ 35.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Board & ownership

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 1 Gazette act processed.

Timeline

3 eventsLatest 24-07-2026Next filing 31-07-2027

History

On 9 December 2022, PADETTIMMO was incorporated as a Private limited company.1 Total assets went from €1.3m in 2023 to €2.2m in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
16-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Private limited company · founded 09-12-2022Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded09-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794588861
Also 9925:BE0794588861
Registered 17-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Braine-le-Comte · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
993 m²
Building footprint
160 m²
Parcel 55302B0140/00P002, Wallonia. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
PADETTIMMO
Avenue du Stade 11, 7090 Braine-le-ComteRenting and operating of own or leased non-residential real estate, excluding land
since 2022unit no. 2.340.431.440
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55302B0140/00P002 Wallonia 992 m² 1 · 160 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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