PAINT CONTRACTORS
ActivePAINT CONTRACTORS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-6k) and a net result of €38k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+82
Solvency22▲+22
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.99 against 0.64 in 2024; short-term debt: 93.5% and cash: 33.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Sector 43
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 2025Solvency, return and age of the figures
Solvency
-3.3%
Return on assets
22%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 7760 sector peers (2025).
NBB · sector comparisonPosition among 7760 sector peers
Solvency
better than 7%
← weakest
strongest →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
4 d early
2024
57 d late
2023
9 d early
2022
17 d late
2021
31 d late
2020
79 d late
2019
31 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-6k▲ 86.9%
2024 · €-43k
2019: €20k
2020: €32k
2021: €41k
2022: €60k
2023: €9k
2024: €-43k
2019 → 2025
Total assets
€171k▲ 96.1%
2024 · €87k
2019: €66k
2020: €203k
2021: €101k
2022: €308k
2023: €146k
2024: €87k
2019 → 2025
Net result
€38k
2024 · €-52k
2019: €951
2020: €12k
2021: €9k
2022: €19k
2023: €-51k
2024: €-52k
2019 → 2025
Working capital
€-904▲ 98.1%
2024 · €-48k
2019: €19k
2020: €19k
2021: €45k
2022: €50k
2023: €-8k
2024: €-48k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€60k▲ 46.2%€9k▼ 85.5%€-43k€-6k▲ 86.9%
Operating result€18k-€32k▲ 84.1%€-37k€-36k▲ 4.7%€50k
Net result€9k-€19k▲ 108%€-51k€-52k▼ 2.2%€38k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €50k after a loss of €36k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171k
Fixed assets
€12k▲ 181%
Current assets
€159k▲ 91.7%
Key figures and ratios
EBITDA
€54k▲
2024 · €-32k
Cash flow
€41k▲
2024 · €-48k
Solvency
-3.3%▲
2024 · -49.7%
Current ratio
0.99▲
2024 · 0.64
Quick ratio
0.99▲
2024 · 0.64
Debt / equity
-31.15▼
2024 · -3.01
ROA
22.0%▲
2024 · -59.5%
Interest coverage
4.28▲
2024 · -1.94
Debt
€177k▲
2024 · €131k
Debt ≤ 1 year
€160k▲
2024 · €131k
Income taxes
€1
Staff costs
€381k▲
2024 · €343k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€87k€171k▲
Fixed assets21/28€4k€12k▲
Tangible fixed assets22/27€4k€12k▲
Plant, machinery and equipment23-€11k
Furniture and vehicles24€4k€1k▼
Current assets29/58€83k€159k▲
Amounts receivable within one year40/41€39k€102k▲
Trade receivables40€25k€89k▲
Other amounts receivable41€14k€13k▼
Cash at bank and in hand54/58€36k€58k▲
Deferred charges and accrued income490/1€9k-
Equity and liabilities
Total equity and liabilities10/49€87k€171k▲
Equity10/15€-43k€-6k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€41k€41k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€39k€39k=
Profit (loss) carried forward14€-103k€-65k▲
Amounts payable17/49€131k€177k▲
Amounts payable within one year42/48€131k€160k▲
Current portion of amounts payable after more than one year42€50k€50k=
Trade debts44€28k€36k▲
Suppliers440/4€28k€36k▲
Taxes, remuneration and social security45€48k€66k▲
Taxes450/3€15k€33k▲
Remuneration and social security454/9€32k€33k▲
Other amounts payable47/48€5k€9k▲
Accrued charges and deferred income492/3-€17k
Income statement
Code20242025
Non-recurring operating income76A€2k€14k▲
Remuneration, social security and pensions62€343k€381k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k-
Other operating charges640/8€1k€747▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€323k€436k▲
Operating profit (loss)9901€-36k€50k▲
Financial income75/76B€197€62▼
Recurring financial income75€197€62▼
Financial charges65/66B€17k€13k▼
Recurring financial charges65€17k€13k▼
Profit (loss) for the period before taxes9903€-52k€38k▲
Income taxes67/77-€1
Profit (loss) for the period9904€-52k€38k▲
Profit (loss) for the period to be appropriated9905€-52k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-103k€-65k▲
Profit (loss) brought forward from the previous period14P€-51k€-103k▼
The notes to these accounts (4 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €38k
Net result €38k after 2 loss-making years.
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 79 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2019
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
04-12-2019
BUYTAERT Glenn: Resigned as Manager
04-12-2019
DEGENAERS Stefaan: Resigned as Manager
31-10-2019
BUYTAERT Glenn: Resigned as Manager
31-10-2019
DEGENAERS Stefaan: Resigned as Manager
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2018
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.
Blauwhoefstraat 72040 AntwerpenGround area
8,693 m²
Building footprint
2,474 m²
Volume, LiDAR
21,435 m³
Parcel 11818E0180/00C000, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Paint Contractors
since 20182.283.558.261
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11818E0180/00C000indicative | Flanders | 8,692 m² | 1 · 2,474 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,725 EUR awarded · 2,782 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 672 EUR | 672 EUR |
| 2024 | 1 | 869 EUR | 869 EUR |
| 2023 | 1 | 1,061 EUR | 1,118 EUR |
| 2022 | 1 | 123 EUR | 123 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DC WORKS
BE 1032.328.933
Aalter · Eq €9k
HAB-PLUS
BE 1002.783.723
Peer · Eq €9k
DDDP CONCEPTS
BE 0533.862.858
Vorst · Eq €9k
A LA NUANCE PRES
BE 0677.841.146
Watermaal-Bosvoorde · Eq €9k
JRDECO
BE 0750.493.948
Waterloo · Eq €9k
Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 1,546 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2018
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43342Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.