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Padre

Active
Private limited companyfounded 1984active for 42 yearsZeedijk 286, 8430 Middelkerke, BelgiumKBO/BCE: BE 0427.018.249
Summary

Padre has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,241 and a net result of €29,297. Equity is growing by about 4.8% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Activity not known1 site
Size
€142,996turnover 2025
Equity
€73,241
Profit
€29,297
Financial health
70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Accounts filed 49 days late0 of 2 deeds read
Why 70raises riskLatest accounts 49 days late; 1 of the last 3 lateLiquidity: current ratio 0.02, cash €1,390lowers riskSize: turnover €142,996, total assets €671,006Founded in 1984Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 50% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 36+5
equity 10.9% of total assets
Liquidity 43+1
short-term debt 21.6% · cash 0.2%
Profitability 83+3
return on assets 4.4%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.4 percentage points vs 07-2025 09-2025: 0.3%▼ -0.7 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.6 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.6%▼ -0.5 percentage points vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.02, compared with 0.02 in 2024; short-term debt: 21.6% and cash: 0.2% of total assets), and 89.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 23% on solvency, 25% on liquidity, 66% on profitability and 85% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

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

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €142,996, total assets €671,006
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 49 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 1984
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.02, cash €1,390
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 9 filings
Deviation from the deadline
2025
49 days late
2024
12 days late
2023
8 days early
2022
5 days early
2021
4 days early
2020
16 days late
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 11 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2020 · abbreviated…

Key points

  • Active since 1984founded 14-08-1984 42 years View
  • Turnover 20256 financial years filed €142,996 View

By topic

Financials

Financial year
2025
Turnover
€142,996
Profit
€29,297
Solvency
10.9%
Turnover▲ 18.0%
Net result
20182025
Go to Financials

Timeline

Events
43
Since
1986
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 23-07-2024Annual accounts filed
  3. 26-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
14-08-1984
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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