Paintfactory Hasselt

Active

Private limited companyfounded 20178 yrs activeGenkersteenweg 80A, 3500 Hasselt, BelgiumKBO/BCE: BE 0684.668.065

Paintfactory Hasselt has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-103k) and a net result of €-61k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

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Checked score

Score 2025

30 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency0=

Growth58▼-20

Track record100

Bankruptcy probability, 12 months

1.5% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity ample (current ratio 1.6 against 1.95 in 2024; short-term debt: 52.2% and cash: 14.3% of total assets), but equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 2025

Solvency, return and age of the figures

Solvency

-74.9%

Return on assets

-44.3%

Age of the figures

9 mo

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 →

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €-103k

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 · 8 filings

Deviation from the deadline

2025

3 d early

2024

13 d early

2023

5 d early

2022

5 d early

2021

2 d early

2020

1 d early

2019

17 d late

← before the deadline after the deadline →

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 months

Position in the running window

22-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€-103k▼ 145%

2024 · €-42k

2018: €-76k 2019: €-146k 2020: €-180k 2021: €-180k 2022: €44k 2023: €-2k 2024: €-42k

2018 → 2025

Total assets

€137k▼ 13.9%

2024 · €160k

2018: €140k 2019: €150k 2020: €147k 2021: €143k 2022: €119k 2023: €140k 2024: €160k

2018 → 2025

Net result

€-61k▼ 51.8%

2024 · €-40k

2018: €-96k 2019: €-70k 2020: €-35k 2021: €516 2022: €-26k 2023: €-46k 2024: €-40k

2018 → 2025

Working capital

€43k▼ 40.7%

2024 · €73k

2018: €-3k 2019: €11k 2020: €58k 2021: €43k 2022: €81k 2023: €39k 2024: €73k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-180k-€44k€-2k€-42k▼ 2,066%€-103k▼ 145%

Operating result€1k-€-25k€-45k▼ 79.6%€-39k▲ 14.1%€-59k▼ 52.0%

Net result€516-€-26k€-46k▼ 78.3%€-40k▲ 13.0%€-61k▼ 51.8%

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 stays negative: a loss of €59k in 2025 against €39k in 2024; the loss grows and 2025 has the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €137k

16.4%

83.6%

Fixed assets €23k▲ 122%

Current assets €115k▼ 23.2%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-54k▼

2024 · €-35k

Cash flow

€-56k▼

2024 · €-37k

Solvency

-74.9%▼

2024 · -26.3%

Current ratio

1.60▼

2024 · 1.95

Quick ratio

0.55▼

2024 · 0.87

Debt / equity

-2.34▲

2024 · -4.80

ROA

-44.3%▼

2024 · -25.1%

Interest coverage

-31.42▼

2024 · -28.99

Debt

€240k▲

2024 · €202k

Debt ≤ 1 year

€72k▼

2024 · €77k

Debt > 1 year

€160k▲

2024 · €125k

Income taxes

€176▲

2024 · €118

Staff costs

€183k▲

2024 · €113k

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€160k€137k▼

Fixed assets21/28€10k€23k▲

Tangible fixed assets22/27€10k€23k▲

Plant, machinery and equipment23€7k€21k▲

Furniture and vehicles24€727€473▼

Other tangible fixed assets26€2k€1k▼

Current assets29/58€150k€115k▼

Stocks and contracts in progress3€83k€75k▼

Stocks30/36€83k€75k▼

Amounts receivable within one year40/41€43k€18k▼

Trade receivables40€40k€18k▼

Other amounts receivable41€2k€49▼

Cash at bank and in hand54/58€24k€20k▼

Deferred charges and accrued income490/1€339€2k▲

Equity and liabilities

Total equity and liabilities10/49€160k€137k▼

Equity10/15€-42k€-103k▼

Contributions10/11€270k€270k=

Profit (loss) carried forward14€-312k€-373k▼

Amounts payable17/49€202k€240k▲

Amounts payable after more than one year17€125k€160k▲

Financial debts170/4-€8k

Other amounts payable178/9€125k€152k▲

Amounts payable within one year42/48€77k€72k▼

Current portion of amounts payable after more than one year42-€3k

Trade debts44€64k€32k▼

Suppliers440/4€64k€32k▼

Taxes, remuneration and social security45€13k€36k▲

Taxes450/3€161€9k▲

Remuneration and social security454/9€13k€27k▲

Accrued charges and deferred income492/3-€8k

Income statement Code20242025

Remuneration, social security and pensions62€113k€183k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲

Other operating charges640/8€67€394▲

Gross operating margin9900€77k€130k▲

Operating profit (loss)9901€-39k€-59k▼

Financial income75/76B€84€65▼

Recurring financial income75€84€65▼

Financial charges65/66B€1k€2k▲

Recurring financial charges65€1k€2k▲

Profit (loss) for the period before taxes9903€-40k€-61k▼

Income taxes67/77€118€176▲

Profit (loss) for the period9904€-40k€-61k▼

Profit (loss) for the period to be appropriated9905€-40k€-61k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-312k€-373k▼

Profit (loss) brought forward from the previous period14P€-272k€-312k▼

Social balance

Average headcount (FTE)90871.92.4▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 2Filings 8

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

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

31-12

Financial Liquidity triplescurrent ratio 4.97

Current ratio from 1.54 to 4.97; short-term debt falls from €79k to €20k.

29-07

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

31-12

Financial Back to profitnet €516

Net result €516 after 3 loss-making years.

30-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

17-08

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 17 days late

2019

25-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Hasselt · 1 establishment unit since 2017

establishment The establishment unit on the map

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.

Genkersteenweg 80A3500 Hasselt

Ground area

2,562 m²

Building footprint

666 m²

Volume, LiDAR

3,003 m³

Parcel 71323C0466/00F000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

PAINTFACTORY HASSELT

Genkersteenweg 80A, 3500 HasseltPrinting and reproduction of recorded media

since 20172.269.884.033

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71323C0466/00F000	Flanders	2,562 m²	1 · 666 m²	7.5 m · 1 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.

Similar companies · same sector, comparable size

Of 166 companies in sector 47526 we hold annual accounts for 111. 74 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded14-11-2017

Fiscal year end31-12

Activities, NACEBEL

46833Wholesale trade

47526Retail trade

46130Agents in the wholesale of timber and building materials

47783Retail trade

47784Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 8 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.