PADO Management
ActiveSummary
PADO Management has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €97k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency49▼-51
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 3.04 in 2024; short-term debt: 76.3% and cash: 73.5% of total assets), and 76.3% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
23.7%
Return on assets
104.3%
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 04-06-2026, 57 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
57 d early
2024
50 d early
2023
69 d early
2022
56 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▼ 91.2%
2024 · €248k
2022: €72k
2023: €162k
2024: €248k
2022 → 2025
Total assets
€93k▼ 69.7%
2024 · €305k
2022: €160k
2023: €257k
2024: €305k
2022 → 2025
Net result
€97k▲ 12.1%
2024 · €86k
2022: €69k
2023: €91k
2024: €86k
2022 → 2025
Working capital
€0▼ 100.0%
2024 · €100k
2022: €47k
2023: €65k
2024: €100k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€72k-€162k▲ 124%€248k▲ 53.2%€22k▼ 91.2%
Operating result€87k-€114k▲ 31.0%€106k▼ 7.1%€117k▲ 9.9%
Net result€69k-€91k▲ 31.4%€86k▼ 4.9%€97k▲ 12.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€22k ▼ 86.1%
Current assets
€71k ▼ 52.4%
Equity and liabilities €93k
Equity
€22k ▼ 91.2%
Debt
€71k ▲ 23.0%
Debt's share of the balance-sheet total rises from 18.8% to 76.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€132k▲
2024 · €122k
Cash flow
€112k▲
2024 · €102k
Current ratio
1.00▼
2024 · 3.04
Debt to equity
3.22▲
2024 · 0.23
ROE
440.7%▲
2024 · 34.7%
ROA
104.3%▲
2024 · 28.2%
Interest coverage
722.14▲
2024 · 445.61
Debt ≤ 1 year
€71k▲
2024 · €49k
Income taxes
€27k▲
2024 · €24k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€305k€93k▼
Fixed assets21/28€157k€22k▼
Tangible fixed assets22/27€37k€22k▼
Furniture and vehicles24€37k€22k▼
Financial fixed assets28€120k-
Current assets29/58€148k€71k▼
Amounts receivable within one year40/41€9k€1k▼
Trade receivables40€9k-
Other amounts receivable41-€1k
Cash at bank and in hand54/58€139k€68k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€305k€93k▼
Equity10/15€248k€22k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€244k€18k▼
Amounts payable17/49€57k€71k▲
Amounts payable after more than one year17€9k-
Financial debts170/4€9k-
Amounts payable within one year42/48€49k€71k▲
Current portion of amounts payable after more than one year42€17k€9k▼
Trade debts44€526€2k▲
Suppliers440/4€526€2k▲
Taxes, remuneration and social security45€31k€18k▼
Taxes450/3€31k€18k▼
Other amounts payable47/48€11€43k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▼
Other operating charges640/8€394€807▲
Gross operating margin9900€122k€133k▲
Operating profit (loss)9901€106k€117k▲
Financial income75/76B€4k€7k▲
Recurring financial income75€4k€7k▲
Financial charges65/66B€273€182▼
Recurring financial charges65€273€182▼
Profit (loss) for the period before taxes9903€110k€123k▲
Income taxes67/77€24k€27k▲
Profit (loss) for the period9904€86k€97k▲
Profit (loss) for the period to be appropriated9905€86k€97k▲
Appropriation of the result
Profit (loss) to be appropriated9906€244k€341k▲
Profit (loss) brought forward from the previous period14P€158k€244k▲
Profit to be distributed694/7-€323k
Return on contributions (dividend)694-€323k
The notes to these accounts (6 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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €97k ▲12.1%
Operating result €117k, net result €97k, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €248k ▲53.2%
3 profitable years in a row build equity to €248k.
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €162k ▲124%
2 profitable years in a row build equity to €162k.
05-06
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
1 act for this company is 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, Waterloo · 1 establishment unit since 2022
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.
Avenue de la Bergerie 1211410 WaterlooGround area
627 m²
Building footprint
204 m²
Volume, LiDAR
1,281 m³
Parcel 25110B0609/00F002, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PADO Management
since 20222.325.765.634
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110B0609/00F002 | Wallonia | 627 m² | 1 · 204 m² | 8.6 m · 2 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.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 31,549 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
Founded04-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.