PaintFactory GENT
ActivePaintFactory GENT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €582k and a net result of €303k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 58% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+11
Solvency70▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.32 in 2024; short-term debt: 34.3% and cash: 22.7% of total assets), and 55.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
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
44.8%
Return on assets
23.3%
Age of the figures
9 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
13 d early
2023
5 d early
2022
5 d early
2021
30 d late
2020
1 d early
2019
1 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€582k▲ 16.7%
2024 · €499k
2018: €150k
2019: €164k
2020: €241k
2021: €338k
2022: €420k
2023: €461k
2024: €499k
2018 → 2025
Total assets
€1.30M▲ 3.7%
2024 · €1.25M
2018: €881k
2019: €928k
2020: €969k
2021: €961k
2022: €1.08M
2023: €1.16M
2024: €1.25M
2018 → 2025
Net result
€303k▲ 62.0%
2024 · €187k
2018: €84k
2019: €35k
2020: €202k
2021: €226k
2022: €182k
2023: €201k
2024: €187k
2018 → 2025
Working capital
€94k▼ 26.7%
2024 · €128k
2018: €-34k
2019: €-93k
2020: €-60k
2021: €-629
2022: €60k
2023: €65k
2024: €128k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€338k-€420k▲ 24.3%€461k▲ 9.8%€499k▲ 8.0%€582k▲ 16.7%
Operating result€265k-€246k▼ 7.0%€272k▲ 10.7%€242k▼ 11.1%€382k▲ 57.7%
Net result€226k-€182k▼ 19.4%€201k▲ 10.3%€187k▼ 6.9%€303k▲ 62.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 58% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.30M
Fixed assets
€759k▲ 5.4%
Current assets
€539k▲ 1.4%
Equity and liabilities €1.30M
Equity
€582k▲ 16.7%
Debt
€717k▼ 4.9%
The debt ratio falls from 60.2% to 55.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€427k▲
2024 · €275k
Cash flow
€348k▲
2024 · €220k
Solvency
44.8%▲
2024 · 39.8%
Current ratio
1.21▼
2024 · 1.32
Quick ratio
0.85▼
2024 · 0.96
Debt / equity
1.23▼
2024 · 1.51
ROE
52.1%▲
2024 · 37.5%
ROA
23.3%▲
2024 · 14.9%
Interest coverage
17.06▲
2024 · 11.45
Debt
€717k▼
2024 · €754k
Debt ≤ 1 year
€445k▲
2024 · €404k
Debt > 1 year
€253k▼
2024 · €338k
Income taxes
€55k▲
2024 · €35k
Staff costs
€319k▼
2024 · €339k
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€1.25M€1.30M▲
Fixed assets21/28€720k€759k▲
Tangible fixed assets22/27€720k€759k▲
Land and buildings22€659k€696k▲
Plant, machinery and equipment23€61k€63k▲
Financial fixed assets28€250€450▲
Current assets29/58€532k€539k▲
Amounts receivable after more than one year29€9k€9k=
Other amounts receivable291€9k€9k=
Stocks and contracts in progress3€145k€162k▲
Stocks30/36€145k€162k▲
Amounts receivable within one year40/41€167k€70k▼
Trade receivables40€57k€60k▲
Other amounts receivable41€110k€10k▼
Cash at bank and in hand54/58€209k€295k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.30M▲
Equity10/15€499k€582k▲
Contributions10/11€25k€25k=
Reserves13€474k€557k▲
Distributable reserves133€474k€557k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€754k€717k▼
Amounts payable after more than one year17€338k€253k▼
Financial debts170/4€338k€253k▼
Amounts payable within one year42/48€404k€445k▲
Current portion of amounts payable after more than one year42€80k€82k▲
Financial debts43€29k€17k▼
Credit institutions430/8€29k€17k▼
Trade debts44€115k€44k▼
Suppliers440/4€115k€44k▼
Taxes, remuneration and social security45€29k€82k▲
Taxes450/3€0€36k▲
Remuneration and social security454/9€29k€46k▲
Other amounts payable47/48€150k€220k▲
Accrued charges and deferred income492/3€13k€18k▲
Income statement
Code20242025
Remuneration, social security and pensions62€339k€319k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€45k▲
Other operating charges640/8€8k€7k▼
Gross operating margin9900€621k€753k▲
Operating profit (loss)9901€242k€382k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€24k€25k▲
Recurring financial charges65€24k€25k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€222k€358k▲
Income taxes67/77€35k€55k▲
Profit (loss) for the period9904€187k€303k▲
Profit (loss) for the period to be appropriated9905€187k€303k▲
Appropriation of the result
Profit (loss) to be appropriated9906€187k€303k▲
Transfer to equity691/2€37k€83k▲
To other reserves6921€37k€83k▲
Profit to be distributed694/7€150k€220k▲
Return on contributions (dividend)694€61k€77k▲
Directors or managers695€89k€143k▲
Social balance
Average headcount (FTE)90875.14.7▼
The notes to these accounts (24 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €303k ▲62%
Operating result €382k, net result €303k, both a record.
31-12
Financial
Equity above €500kEq €582k ▲16.7%
8 profitable years in a row build equity to €582k.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €241k ▲46.8%
3 profitable years in a row build equity to €241k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €35k ▼58.5%
Net result drops to €35k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Nazareth · 1 establishment unit since 2009
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.
Oude Eedstraat 59810 NazarethGround area
3,638 m²
Building footprint
358 m²
Volume, LiDAR
1,883 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Paintfactory Gent
since 20092.177.969.110
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44018A0215/00E000 | Flanders | 3,153 m² | 1 · 219 m² | 5.5 m · 2 fl. |
| 44018A0215/00D000 | Flanders | 485 m² | 1 · 139 m² | 8.3 m · 2 fl. |
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 166 companies in sector 47526 we hold annual accounts for 112. 79 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2009
Fiscal year end31-12
Activities, NACEBEL
46833Wholesale trade
47526Retail trade
43341Painting of buildings
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.