Financials
- Financial year
- 2023
- Total assets
- €30,582
- Loss
- -€1,557
- Solvency
- -879.3%
Total assets=
Net result
20182023
PAIONET
ActiveSummary
The computed 12-month bankruptcy probability of PAIONET is 9.6% (elevated). For PAIONET, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€268,927) and a net result of -€1,557. Equity is shrinking by about 50% per year across the filed financial years. Its solvency ranks better than 5% of 17,982 sector peers (NACE 56, financial year 2023). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Cafés and bars
NACE 56301
1 site
Size
€30,582total assets 2023
- Equity
- -€268,927
- Loss
- -€1,557
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 9.6%
2023 figures too old to score
Signalsraises riskFigures for financial year 2023 (filed 14-10-2024)2 financial years not filed after the legal deadline; latest accounts 69 days late; 2 of the last 3 lateSector: Food and beverage service activities (NACE 56)Two or more financial years not filedlowers riskFounded in 2005neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
0=
equity -879.3% of total assets
Liquidity
2=
short-term debt 979.3% · cash 2.0%
Profitability
25-75
return on assets -5.1%
Bankruptcy probability, 12 months
9.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.9%
12-2024: 2.9%● unchanged vs 11-2024
01-2025: 2.9%● unchanged vs 12-2024
02-2025: 2.9%● unchanged vs 01-2025
03-2025: 2.9%● unchanged vs 02-2025
04-2025: 2.9%● unchanged vs 03-2025
05-2025: 2.9%● unchanged vs 04-2025
06-2025: 2.8%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 3.1%▲ +0.3 percentage points vs 06-2025
08-2025: 3.6%▲ +0.5 percentage points vs 07-2025
09-2025: 3.7%▲ +0.1 percentage points vs 08-2025
10-2025: 3.6%▼ -0.1 percentage points vs 09-2025
11-2025: 3.8%▲ +0.2 percentage points vs 10-2025
12-2025: 4.5%▲ +0.7 percentage points vs 11-2025
01-2026: 7.9%▲ +3.4 percentage points vs 12-2025
02-2026: 7.9%● unchanged vs 01-2026
03-2026: 8.2%▲ +0.3 percentage points vs 02-2026
04-2026: 7.4%▼ -0.8 percentage points vs 03-2026
05-2026: 7.4%● unchanged vs 04-2026
06-2026: 7.4%● unchanged vs 05-2026
07-2026: 7.4%● unchanged vs 06-2026
08-2026: 9.6%▲ +2.2 percentage points vs 07-2026highest value
09-2026: 9.6%● unchanged vs 08-2026highest value
10-2026: 9.6%● unchanged vs 09-2026highest value
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Signals
Six signals.
−lowers risk+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline09-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 08-10-2024, 69 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
69 days late
2022
33 days early
2021
73 days late
2020
52 days early
2019
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 15 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Appointment: Mark Tanca (director)Gazette deed
- PurposePurpose change · Power of…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- Mark TancaDirector
Timeline
- Events
- 22
- Since
- 2007
- 28-06-2023Annual accounts filed
- 31-12-2022Back to profit
- 12-10-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Cafés and barsNACE 56301
- Founded
- 10-05-2005
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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