PAINT HOUSE
ActivePAINT HOUSE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €49k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+74
Solvency50▲+13
Growth70▲+18
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.11 in 2024; short-term debt: 74.6% and cash: 19.5% of total assets), and 75.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.9%
Return on assets
15.3%
Age of the figures
9 mo
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
29 d late
2023
47 d early
2022
29 d late
2021
34 d early
2020
31 d early
2019
28 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, full schema
Turnover
€891k▲ 6.7%
2024 · €835k
2024: €835k
2024 → 2025
EBIT margin
6.1%▲ 56.9pp
2024 · -50.8%
2024: -50.8%
2024 → 2025
Net result
€49k
2024 · €-446k
2018: €-77k
2019: €36k
2020: €63k
2021: €93k
2022: €15k
2023: €33k
2024: €-446k
2018 → 2025
Working capital
€79k▲ 197%
2024 · €27k
2018: €-147k
2019: €-100k
2020: €-19k
2021: €88k
2022: €114k
2023: €153k
2024: €27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€835k€891k▲ 6.7%
Equity€112k-€128k▲ 13.7%€160k▲ 25.6%€31k▼ 80.9%€80k▲ 160%
Operating result€133k-€31k▼ 76.6%€56k▲ 79.0%€-424k€55k
Net result€93k-€15k▼ 83.6%€33k▲ 113%€-446k€49k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €55k after a loss of €424k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €320k
Fixed assets
€2k▼ 41.3%
Current assets
€318k▲ 21.4%
Equity and liabilities €320k
Equity
€80k▲ 160%
Debt
€240k▲ 2.3%
The debt ratio falls from 88.5% to 75.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€56k▲
2024 · €-419k
Cash flow
€51k▲
2024 · €-441k
Solvency
24.9%▲
2024 · 11.5%
Current ratio
1.33▲
2024 · 1.11
Quick ratio
1.33▲
2024 · 1.11
Debt / equity
3.02▼
2024 · 7.66
ROE
61.5%
ROA
15.3%▲
2024 · -167.9%
Interest coverage
7.83▲
2024 · -22.28
Debt
€240k▲
2024 · €235k
Debt ≤ 1 year
€239k▲
2024 · €235k
Income taxes
€354▼
2024 · €370
Staff costs
€147k▼
2024 · €154k
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€266k€320k▲
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Land and buildings22€3k€1k▼
Plant, machinery and equipment23€1k€1k▼
Current assets29/58€262k€318k▲
Amounts receivable within one year40/41€233k€240k▲
Trade receivables40€41k€39k▼
Other amounts receivable41€192k€201k▲
Cash at bank and in hand54/58€19k€62k▲
Deferred charges and accrued income490/1€10k€15k▲
Equity and liabilities
Total equity and liabilities10/49€266k€320k▲
Equity10/15€31k€80k▲
Contributions10/11€378k€378k=
Capital10€378k€378k=
Issued capital100€378k€378k=
Reserves13€23k€23k=
Non-distributable reserves130/1€23k€6k▼
Legal reserve130€23k€6k▼
Distributable reserves133-€17k
Profit (loss) carried forward14€-371k€-322k▲
Amounts payable17/49€235k€240k▲
Amounts payable within one year42/48€235k€239k▲
Financial debts43€150k€150k=
Credit institutions430/8€150k€150k=
Trade debts44€54k€58k▲
Suppliers440/4€54k€58k▲
Taxes, remuneration and social security45€31k€31k▼
Taxes450/3€10k€14k▲
Remuneration and social security454/9€21k€17k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Operating income70/76A€841k€957k▲
Turnover70€835k€891k▲
Other operating income74€4k€66k▲
Non-recurring operating income76A€2k-
Operating charges60/66A€1.27M€903k▼
Goods for resale, raw materials and consumables60€526k€544k▲
Purchases600/8€478k€544k▲
Change in stocks: decrease (increase)609€48k-
Services and other goods61€172k€208k▲
Remuneration, social security and pensions62€154k€147k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-48k-
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€453k-
Operating profit (loss)9901€-424k€55k▲
Financial income75/76B-€6k
Recurring financial income75-€6k
Income from current assets751-€5k
Other financial income752/9-€60
Financial charges65/66B€22k€11k▼
Recurring financial charges65€22k€11k▼
Debt charges650€19k€7k▼
Other financial charges652/9€3k€4k▲
Profit (loss) for the period before taxes9903€-446k€49k▲
Income taxes67/77€370€354▼
Taxes670/3€370€354▼
Profit (loss) for the period9904€-446k€49k▲
Profit (loss) for the period to be appropriated9905€-446k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-371k€-322k▲
Profit (loss) brought forward from the previous period14P€76k€-371k▼
Social balance
Average headcount (FTE)90874.04.0=
The notes to these accounts (42 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
19-01
State Gazette act
General meeting · Demerger
Capital decrease · Capital increase
19-01
State Gazette act
General meeting · Demerger
Accounting effect · Net-asset statement
2025
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-446k ▼1468%
Net result drops to €-446k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €150kEq €160k ▲25.6%
5 profitable years in a row build equity to €160k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €93k ▲47.6%
Operating result €133k, net result €93k, both a record.
31-12
Financial
Equity above €100kEq €112k ▲497%
3 profitable years in a row build equity to €112k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are 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, Wavre · 2 establishment units since 1997
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.
Boulevard de l'Europe 1071300 WavreGround area
2,814 m²
Building footprint
752 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
PAINT HOUSE
since 19972.081.640.586
PAINT HOUSE
since 19992.081.640.487
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006C0331/00P000 | Wallonia | 2,486 m² | 1 · 752 m² | - |
| 53403E0740/00K009 | Wallonia | 328 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 740 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-03-1997
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
47526Retail trade
51532
52461
47521Retail sale of hardware, building materials, paint and glass (general range)
52462
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.