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PAISA

Active
Private limited companyfounded 199333 yrs activeHenleykaai 88, 9000 Gent, BelgiumKBO/BCE: BE 0449.299.941
Summary

PAISA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €252,658 and a net result of €41,003. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 176 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
PAISAActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190NACE 51190
1 site
Size
€267,605total assets 2026
Equity
€252,658
Profit
€41,003
Turnover not published (abridged schema)
Financial health
96 Excellent Checked score 2026
Bankruptcy chance 12 m
0.1%
Structure
Accounts 38 d early0 of 1 deed read
Why 96- Liquidity: current ratio 17.77, cash €9,121+ Founded in 1993+ Equity €252,658 (94.4% of total assets)+ Figures for FY 2026 (filed 23-09-2026)Show the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 76% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2025
Strong
Solvency 100=
equity 94.4% of total assets
Liquidity 54=
short-term debt 5.6% · cash 3.4%
Profitability 88-1
return on assets 15.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,775 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▼ -1.0% vs 03-2025 05-2025: 0.1%▼ -11.2% vs 04-2025lowest value 06-2025: 0.1%● 0.0% vs 05-2025lowest value 07-2025: 0.1%▲ +8.0% vs 06-2025 08-2025: 0.1%▲ +6.4% vs 07-2025 09-2025: 0.1%▼ -1.0% vs 08-2025 10-2025: 0.1%▲ +25.3% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▼ -0.8% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%▼ -2.4% vs 05-2026 07-2026: 0.1%▲ +11.7% vs 06-2026 08-2026: 0.1%▲ +6.0% vs 07-2026 09-2026: 0.1%▲ +0.7% vs 08-2026highest value 10-2026: 0.1%▼ -19.6% vs 09-2026
  • Founded in 1993 lowers the probability for this profile
  • Equity €252,658 (94.4% of total assets) lowers the probability
  • Figures for FY 2026 (filed 23-09-2026) lowers the probability
  • Liquidity: current ratio 17.77, cash €9,121 raises the probability
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 17.77 against 11.67 in 2025; short-term debt: 5.6% and cash: 3.4% of total assets), and 5.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 90%, liquidity 59%, profitability 83%, growth against the median 72%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1993
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €252,658 (94.4% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Figures for FY 2026 (filed 23-09-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 17.77, cash €9,121
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-09-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
38 d early
2025
32 d early
2024
6 d early
2023
4 d early
2022
27 d early
2021
10 d early
2020
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 4 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2026 · micro…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Equity above €200,000Eq €216,502 ▲21.2%

Key points

  • Positive: Among the best 15% on solvencysector median 54.5% · 176 companies 94.4% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €41,003 8 years View

By topic

Financials

Fiscal year
2026
Total assets
€267,605
Profit
€41,003
Solvency
94.4%
Total assets▲ 13.5%
Net result
20192026
Go to Financials

Timeline

Events
17
Since
2010
Next accounts
by 31-10-2027
  1. 23-09-2026Annual accounts filed
  2. 29-09-2025Annual accounts filed
  3. 31-03-2025Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
28-01-1993
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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