Equity
€149,900 ▲ 3.3%
PAIDES has made a profit without a break since 2018.
PAIDES
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €52,375 (2012)
€20,118▼ 8.0%
lowest -€14,167 (2017)
€4,832▼ 47.1%
peak €149,900 (2025)
€149,900▲ 3.3%
€132,415▲ 13.5%
peak 0.3 FTE (2006)
-not published
Board1 name since 2020
1 director
Documentsfilings and deeds
30-05-202662 days before the deadline
2025micro format
Result from €9,136 to €4,832Investments €30,774Cash from €5,798 to €557
Key points
from the 2025 annual accountsInvestments
€30,774 4.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
2.53 was 0.18 in 2024
Short-term debts fell from €40,230 to €1,847.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,044 companies had the same profile as PAIDES has now. Each dot stands for 43 companies, two years later.
94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,044 companies, not a prediction for PAIDES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Change of role: , from manager to director
Director discharge: · Gazette deed
Registered office moved within Koksijde
New registered office: Pierre Soreilaan 4, 8670 Koksijde · Previous registered office: Zeelaan 194, 8670 Koksijde · Board meeting of 02-05-2017 · Gazette deed
First establishment
Pierre Sorellaan 4, Koksijde
Incorporation
published on 23-02-1990 · Gazette deed
Official details
Source: KBO- Status
- Active since 27-01-1990Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.049.288.6138670 Koksijde, since 13-08-1990
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- ≈ €150,000estimated
- €282,315▲ 7.8%
- Filing
- Filed on 30-05-2026, 62 days before the end of the filing period
Insights on PAIDES
PAIDES files the micro format. That format states no turnover. The gross margin fell from €34,077 in 2006 to €20,118 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PAIDES
- What is the company number of PAIDES?
- The company number of PAIDES is 0440.060.294. The VAT number is the same number with BE in front: BE 0440.060.294.
- Where is PAIDES based?
- The registered office is at Pierre Sorellaan 4, 8670 Koksijde.Company details
- What is the legal form of PAIDES?
- PAIDES is a private limited company (BV).
- When was PAIDES founded?
- PAIDES was founded on 27-01-1990.
- Is PAIDES still active?
- Yes, PAIDES is an active enterprise in the KBO register.
- What is the turnover of PAIDES?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €20,118 and 7,096 comparable companies of the same size. It probably lies between €68,000 and €360,000. It is a rough estimate.Financials
- Is PAIDES profitable?
- In financial year 2025, PAIDES made a profit of €4,832.
- Where can I find the annual accounts of PAIDES?
- PAIDES filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAIDES due?
- PAIDES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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