PAINT @ BVBA
ActivePAINT @ BVBA has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11k and a net result of €17k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 41% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency53▲+53
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.13 against 1.33 in 2023; short-term debt: 44.6% and cash: 12.1% of total assets), but 72.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
27.6%
Return on assets
44.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
68 d late
2022
67 d late
2021
72 d late
2020
87 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€11k
2023 · €-7k
2018: €-21k
2019: €-21k
2020: €-25k
2021: €-24k
2022: €-21k
2023: €-7k
2018 → 2024
Total assets
€40k▲ 142%
2023 · €16k
2018: €8k
2019: €28k
2020: €13k
2021: €12k
2022: €9k
2023: €16k
2018 → 2024
Net result
€17k▲ 18.7%
2023 · €15k
2018: €1k
2019: €380
2020: €-4k
2021: €2k
2022: €2k
2023: €15k
2018 → 2024
Working capital
€20k▲ 402%
2023 · €4k
2018: €-12k
2019: €-11k
2020: €-15k
2021: €-13k
2022: €-11k
2023: €4k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-25k-€-24k▲ 7.3%€-21k▲ 9.8%€-7k▲ 69.1%€11k
Operating result€-4k-€4k€3k▼ 29.7%€15k▲ 382%€21k▲ 36.8%
Net result€-4k-€2k€2k▲ 24.7%€15k▲ 538%€17k▲ 18.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 37% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40k
Fixed assets
€2k▲ 325%
Current assets
€38k▲ 137%
Equity and liabilities €40k
Equity
€11k
Debt
€29k
Debt finances 72.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€21k▲
2023 · €15k
Cash flow
€18k▲
2023 · €15k
Solvency
27.6%▲
2023 · -40.3%
Current ratio
2.13▲
2023 · 1.33
Quick ratio
2.13▲
2023 · 1.33
Debt / equity
2.62▲
2023 · -3.48
ROE
160.2%
ROA
44.2%▼
2023 · 90.3%
Interest coverage
15.12▼
2023 · 30.34
Debt
€29k▲
2023 · €23k
Debt ≤ 1 year
€18k▲
2023 · €12k
Debt > 1 year
€11k=
2023 · €11k
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€16k€40k▲
Fixed assets21/28€463€2k▲
Tangible fixed assets22/27€463€2k▲
Plant, machinery and equipment23-€915
Furniture and vehicles24€463€1k▲
Current assets29/58€16k€38k▲
Amounts receivable within one year40/41€15k€33k▲
Trade receivables40€6k€6k▼
Other amounts receivable41€9k€26k▲
Cash at bank and in hand54/58€360€5k▲
Deferred charges and accrued income490/1-€35
Equity and liabilities
Total equity and liabilities10/49€16k€40k▲
Equity10/15€-7k€11k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€650€650=
Non-distributable reserves130/1€650€650=
Legal reserve130€650€650=
Profit (loss) carried forward14€-13k€4k▲
Amounts payable17/49€23k€29k▲
Amounts payable after more than one year17€11k€11k=
Financial debts170/4€11k€11k=
Amounts payable within one year42/48€12k€18k▲
Financial debts43€4k-
Credit institutions430/8€4k-
Trade debts44€6k€13k▲
Suppliers440/4€6k€13k▲
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Other amounts payable47/48€2k€2k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€156€234▲
Other operating charges640/8€568€752▲
Gross operating margin9900€16k€22k▲
Operating profit (loss)9901€15k€21k▲
Financial income75/76B€0€1k▲
Recurring financial income75€0€1k▲
Financial charges65/66B€507€1k▲
Recurring financial charges65€507€1k▲
Profit (loss) for the period before taxes9903€15k€20k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€15k€17k▲
Profit (loss) for the period to be appropriated9905€15k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€4k▲
Profit (loss) brought forward from the previous period14P€-28k€-13k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Highest result since 2018net €17k ▲18.7%
Operating result €21k, net result €17k, both a record.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 1.33
Current ratio from 0.45 to 1.33; short-term debt falls from €19k to €12k.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 72 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Weakest financial yearnet €-4k ▼1241%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
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, Gingelom · 1 establishment unit since 2013
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.
Boekhoutstraat 24B3890 GingelomGround area
1,189 m²
Building footprint
148 m²
Volume, LiDAR
711 m³
Parcel 71007B0015/00C002, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PAINT@BVBA
since 20132.216.882.738
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71007B0015/00C002 | Flanders | 1,189 m² | 1 · 148 m² | 6.6 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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FINSOL
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Kontich · Eq €11k
Of 1,137 companies in sector 46130 we hold annual accounts for 646. 302 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-02-2013
Fiscal year end31-12
Activities, NACEBEL
46130Agents in the wholesale of timber and building materials
43230Insulation installation
43291Specialised construction activities
43992Specialised construction activities
46833Wholesale trade
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.