Liquidity
4.93 was 2.24 in 2024
Short-term debts fell from €13,647 to €5,636.
PAINTBIS
Lifetime
6 annual accounts with figures on one time axispeak €22,975 (2020)
€6,830▼ 70.1%
lowest -€2,316 (2023)
€42▼ 99.7%
peak €25,547 (2022)
€23,977▲ 0.2%
€5,636▼ 58.7%
Board1 name since 2020
1 director
Documentsfilings and deeds
09-06-202652 days before the deadline
2025micro format
Gross margin from €22,875 to €6,830Result from €12,468 to €42Debts from €13,647 to €5,636
Key points
from the 2025 annual accountsFilings
6 annual accounts 5 late
The 2024 accounts came latest: 28 days after the end of the period.
Position in the sector
81.0%
Higher solvency than 86% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as PAINTBIS has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 5,047 companies, not a prediction for PAINTBIS. 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
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0741994075
Registered office moved from Bruges to Oostkerke
New registered office: Ten Doelestraat 2, 8340 Oostkerke · Previous registered office: Leopold I-laan 57, 8000 Brugge · General meeting of 02-08-2024 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 28-01-2020 · Gazette deed
First establishment
Leopold I-laan 57, Bruges
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PAINTBIS Damme | €29,613 | €6,830 | 81.0% | - |
| SCHILDER- EN DECORATIEWERKEN NICOLAS DESMET Waregem | €31,751 | €5,507 | 57.5% | - |
| Schilderwerken Pascal De Neve Ostend | €26,143 | €6,213 | 62.7% | - |
| Management 2 Construction Heusden-Zolder | €31,531 | €6,589 | 42.3% | - |
| INNOVATIS Mechelen | €23,703 | €7,360 | 68.6% | - |
| IKON PROJECTS Rumst | €22,318 | €5,766 | 57.6% | - |
| K&F-decor Dilbeek | €22,698 | €5,513 | -23.6% | - |
These companies have the same main activity as PAINTBIS: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €22,300 and €31,800, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 24-01-2020Normal situation
- Activity
- Painting of buildingsNACE 43341and 13 others
- Establishment unit
- 2.298.628.3018000 Bruges, since 24-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 08-10-2025
Annual accounts 2025
- ≈ €69,000estimated
- €29,613▼ 21.2%
- Filing
- Filed on 09-06-2026, 52 days before the end of the filing period
Insights on PAINTBIS
PAINTBIS files the micro format. That format states no turnover. The gross margin fell from €22,975 in 2020 to €6,830 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 PAINTBIS
- What is the company number of PAINTBIS?
- The company number of PAINTBIS is 0741.994.075. The VAT number is the same number with BE in front: BE 0741.994.075.
- Where is PAINTBIS based?
- The registered office is at Ten Doelestraat 2, 8340 Damme.Company details
- What does PAINTBIS do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of PAINTBIS?
- PAINTBIS is a private limited company (BV).
- When was PAINTBIS founded?
- PAINTBIS was founded on 24-01-2020.
- Is PAINTBIS still active?
- Yes, PAINTBIS is an active enterprise in the KBO register.
- What is the turnover of PAINTBIS?
- The turnover in financial year 2025 is ≈ €69,000. This figure is estimated from the gross margin of €6,830 and 159 comparable companies (NACE 433). It probably lies between €40,000 and €140,000. It is a rough estimate.Financials
- Is PAINTBIS profitable?
- In financial year 2025, PAINTBIS made a profit of €42.
- Where can I find the annual accounts of PAINTBIS?
- PAINTBIS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAINTBIS due?
- PAINTBIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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