PAISA
ActiveSummary
PAISA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €253k and a net result of €41k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability88▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k 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.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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 2026Solvency, return and age of the figures
Solvency
94.4%
Return on assets
15.3%
Age of the figures
6 mo
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 filingsDeviation 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 →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€253k▲ 16.7%
2025 · €217k
2019: €101k
2020: €102k
2021: €153k
2022: €154k
2023: €174k
2024: €179k
2025: €217k
2019 → 2026
Total assets
€268k▲ 13.5%
2025 · €236k
2019: €111k
2020: €106k
2021: €169k
2022: €158k
2023: €180k
2024: €205k
2025: €236k
2019 → 2026
Net result
€41k▲ 8.3%
2025 · €38k
2019: €4k
2020: €761
2021: €51k
2022: €25k
2023: €21k
2024: €35k
2025: €38k
2019 → 2026
Working capital
€251k▲ 21.6%
2025 · €206k
2019: €84k
2020: €90k
2021: €87k
2022: €102k
2023: €134k
2024: €153k
2025: €206k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€154k-€174k▲ 13.4%€179k▲ 2.5%€217k▲ 21.2%€253k▲ 16.7%
Operating result€41k-€33k▼ 20.0%€50k▲ 53.8%€54k▲ 6.2%€59k▲ 10.0%
Net result€25k-€21k▼ 17.1%€35k▲ 69.0%€38k▲ 8.7%€41k▲ 8.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed three years in a row; 2026 is 10% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €268k
Fixed assets
€2k ▼ 81.1%
Current assets
€266k ▲ 17.8%
Equity and liabilities €268k
Equity
€253k ▲ 16.7%
Debt
€15k ▼ 22.7%
Debt's share of the balance-sheet total falls from 8.2% to 5.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€69k▲
2025 · €69k
Cash flow
€51k▼
2025 · €53k
Current ratio
17.77▲
2025 · 11.67
Debt to equity
0.06▼
2025 · 0.09
ROE
16.2%▼
2025 · 17.5%
ROA
15.3%▼
2025 · 16.0%
Interest coverage
838.48▲
2025 · 621.44
Debt ≤ 1 year
€15k▼
2025 · €19k
Income taxes
€21k▲
2025 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 42 lines
Balance sheet
Code20252026
Assets
Total assets20/58€236k€268k▲
Fixed assets21/28€10k€2k▼
Tangible fixed assets22/27€10k€2k▼
Plant, machinery and equipment23€735-
Furniture and vehicles24€10k€2k▼
Current assets29/58€226k€266k▲
Amounts receivable within one year40/41€3k€18k▲
Trade receivables40€3k€18k▲
Other amounts receivable41-€8
Current investments50/53€213k€238k▲
Cash at bank and in hand54/58€8k€9k▲
Deferred charges and accrued income490/1€1k€966▼
Equity and liabilities
Total equity and liabilities10/49€236k€268k▲
Equity10/15€217k€253k▲
Contributions10/11€25k€25k=
Reserves13€191k€227k▲
Distributable reserves133€191k€227k▲
Amounts payable17/49€19k€15k▼
Amounts payable within one year42/48€19k€15k▼
Trade debts44€456€672▲
Suppliers440/4€456€672▲
Taxes, remuneration and social security45€10k€9k▼
Taxes450/3€10k€9k▼
Other amounts payable47/48€9k€6k▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€10k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€71k€71k▲
Operating profit (loss)9901€54k€59k▲
Financial income75/76B€6k€4k▼
Recurring financial income75€6k€4k▼
Financial charges65/66B€110€82▼
Recurring financial charges65€110€82▼
Profit (loss) for the period before taxes9903€59k€62k▲
Income taxes67/77€21k€21k▲
Profit (loss) for the period9904€38k€41k▲
Profit (loss) for the period to be appropriated9905€38k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€41k▲
Transfer from equity791/2-€5k
Transfer to equity691/2€38k€41k▲
To other reserves6921€38k€41k▲
Profit to be distributed694/7-€5k
Return on contributions (dividend)694-€5k
The notes to these accounts (7 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 2027, expected by
2026
23-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €200kEq €217k ▲21.2%
7 profitable years in a row build equity to €217k.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity quadruplescurrent ratio 23.84
Current ratio from 6.38 to 23.84; short-term debt falls from €16k to €4k.
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €51k ▲6629%
Operating result €77k, net result €51k, both a record.
31-03
Financial
Equity above €150kEq €153k ▲50.2%
3 profitable years in a row build equity to €153k.
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €761 ▼81.4%
Net result drops to €761, the lowest in the series; recovery starts the following year.
Show earlier events
31-03
Financial
Liquidity doublescurrent ratio 24.36
Current ratio from 9.85 to 24.36; short-term debt falls from €10k to €4k.
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2010
03-09
State Gazette act
General meeting · Statutes amendment
Director resignation · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 1993
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.
Henleykaai 889000 GentGround area
253 m²
Building footprint
132 m²
Volume, LiDAR
968 m³
Parcel 44816K0957/00N002, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Henleykaai 88, 9000 Gent
since 19932.060.840.620
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0957/00N002 | Flanders | 253 m² | 1 · 132 m² | 11.5 m · 3 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.
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BUILD CONCEPT
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,842 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-1993
Fiscal year end31-03
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.