PAF
ActiveSummary
PAF has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26,021 and a net result of €2,085. Its solvency ranks better than 87% of 1931 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
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Signals
This company filed its last 2 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €88 | €2,028 | ▲ 2,195% |
| Other operating charges640/8 | €3,034 | €696 | ▼ 77.1% |
| Gross operating margin9900 | €29,681 | €5,422 | ▼ 81.7% |
| Operating profit (loss)9901 | €26,558 | €2,698 | ▼ 89.8% |
| Financial income75/76B | €15 | €29 | ▲ 95.1% |
| Recurring financial income75 | €15 | €29 | ▲ 95.1% |
| Financial charges65/66B | €199 | €135 | ▼ 32.0% |
| Recurring financial charges65 | €199 | €135 | ▼ 32.0% |
| Profit (loss) for the period before taxes9903 | €26,374 | €2,592 | ▼ 90.2% |
| Income taxes67/77 | €5,439 | €506 | ▼ 90.7% |
| Profit (loss) for the period9904 | €20,935 | €2,085 | ▼ 90.0% |
| Profit (loss) for the period to be appropriated9905 | €20,935 | €2,085 | ▼ 90.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €41,419 | €30,736 | ▼ 25.8% |
| Fixed assets21/28 | €7,961 | €9,574 | ▲ 20.3% |
| Intangible fixed assets21 | €7,417 | €9,226 | ▲ 24.4% |
| Tangible fixed assets22/27 | €544 | €347 | ▼ 36.2% |
| Furniture and vehicles24 | €544 | €347 | ▼ 36.2% |
| Current assets29/58 | €33,457 | €21,162 | ▼ 36.7% |
| Amounts receivable within one year40/41 | €27,263 | €11,022 | ▼ 59.6% |
| Trade receivables40 | €27,185 | €10,751 | ▼ 60.5% |
| Other amounts receivable41 | €78 | €272 | ▲ 248% |
| Cash at bank and in hand54/58 | €6,195 | €9,890 | ▲ 59.6% |
| Deferred charges and accrued income490/1 | - | €250 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €41,419 | €30,736 | ▼ 25.8% |
| Equity10/15 | €23,935 | €26,021 | ▲ 8.7% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €20,935 | €23,021 | ▲ 10.0% |
| Amounts payable17/49 | €17,483 | €4,715 | ▼ 73.0% |
| Amounts payable within one year42/48 | €17,483 | €4,715 | ▼ 73.0% |
| Trade debts44 | €16,000 | €2,839 | ▼ 82.3% |
| Suppliers440/4 | €16,000 | €2,839 | ▼ 82.3% |
| Advances received on contracts in progress46 | €975 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €509 | €1,876 | ▲ 269% |
| Taxes450/3 | €509 | €1,876 | ▲ 269% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €20,935 | €2,085 | ▼ 90.0% |
| + Depreciation and write-downs630 | €88 | €2,028 | ▲ 2,195% |
| Operating cash flow (approximation) | €21,024 | €4,113 | ▼ 80.4% |
| Investment in fixed assets (approximation) | - | -€3,640 | - |
| Change in cash | - | €3,695 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302D0237/00K002 | Wallonia | 424 m² | 1 · 113 m² | - |
| 92302G0168/00S002 | Wallonia | 324 m² | 1 · 58 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.