PAISLEY
ActiveSummary
PAISLEY has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €569,989 and a net result of €45,122. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 60% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability84▲+1
Solvency93▲+2
Growth41▼-5
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days only on tighter terms
Liquidity ample (current ratio 6.18 against 1.95 in 2023; short-term debt: 10.4% of total assets), and 32% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-02-2026, 202 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
202 d late
2023
69 d late
2022
31 d late
2021
31 d late
2020
24 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 65 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€230,655▼ 24.8%
2023 · €306,759
EBIT margin
30.0%▲ 2.0pp
2023 · 28.0%
Net result
€45,122▲ 27.9%
2023 · €35,268
Working capital
€449,317▲ 91.6%
2023 · €234,487
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€211,596▲ 2.7%€405,219▲ 91.5%€342,361▼ 15.5%€306,759▼ 10.4%€230,655▼ 24.8%
Operating result€89,844▲ 283%€183,869▲ 105%€146,826▼ 20.1%€85,873▼ 41.5%€69,101▼ 19.5%
Net result€63,675above the sector's middle half▲ 314%€114,272above the sector's middle half▲ 79.5%€99,353above the sector's middle half▼ 13.1%€35,268within the sector's middle half▼ 64.5%€45,122within the sector's middle half▲ 27.9%
EBIT margin42.5%▲ 31.1pp45.4%▲ 2.9pp42.9%▼ 2.5pp28.0%▼ 14.9pp30.0%▲ 2.0pp
Equity€275,975above the sector's middle half▲ 30.0%€390,246above the sector's middle half▲ 41.4%€489,599above the sector's middle half▲ 25.5%€524,867above the sector's middle half▲ 7.2%€569,989above the sector's middle half▲ 8.6%
Total assets€515,969above the sector's middle half▲ 35.9%€699,114above the sector's middle half▲ 35.5%€818,769above the sector's middle half▲ 17.1%€799,746above the sector's middle half▼ 2.3%€838,216above the sector's middle half▲ 4.8%
Debt€239,994▲ 43.3%€308,868▲ 28.7%€329,170▲ 6.6%€274,879▼ 16.5%€268,227▼ 2.4%
Working capital€76,948within the sector's middle half▼ 5.7%€252,742above the sector's middle half▲ 228%€304,727above the sector's middle half▲ 20.6%€234,487above the sector's middle half▼ 23.0%€449,317above the sector's middle half▲ 91.6%
Solvency53.5%within the sector's middle half▼ 2.4pp55.8%within the sector's middle half▲ 2.3pp59.8%within the sector's middle half▲ 4.0pp65.6%within the sector's middle half▲ 5.8pp68.0%within the sector's middle half▲ 2.4pp
Current ratio1.41within the sector's middle half▼ 0.112.86within the sector's middle half▲ 1.442.73within the sector's middle half▼ 0.131.95within the sector's middle half▼ 0.776.18above the sector's middle half▲ 4.22
Return on assets (ROA)12.3%within the sector's middle half▲ 8.3pp16.3%within the sector's middle half▲ 4.0pp12.1%within the sector's middle half▼ 4.2pp4.4%below the sector's middle half▼ 7.7pp5.4%below the sector's middle half▲ 1.0pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 20% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €838,216
Fixed assets
€302,132 ▼ 5.5%
Current assets
€536,083 ▲ 11.7%
Equity and liabilities €838,216
Equity
€569,989 ▲ 8.6%
Debt
€268,227 ▼ 2.4%
Debt's share of the balance-sheet total falls from 34.4% to 32.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86,628▼
2023 · €108,607
Cash flow
€62,649▲
2023 · €58,002
Debt to equity
0.47▼
2023 · 0.52
ROE
7.9%▲
2023 · 6.7%
Interest coverage
7.55▼
2023 · 7.88
Debt ≤ 1 year
€86,767▼
2023 · €245,599
Debt > 1 year
€165,400▲
2023 · €29,280
Income taxes
€12,696▼
2023 · €51,116
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €211,596 | €405,219 | €342,361 | €306,759 | €230,655 | ▼ 24.8% |
| Goods, raw materials, services and sundry goods60/61 | - | €209,497 | €179,966 | €203,959 | €150,018 | ▼ 26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,076 | €16,509 | €24,650 | €22,734 | €17,527 | ▼ 22.9% |
| Other operating charges640/8 | - | €3,890 | €5,146 | €5,316 | €926 | ▼ 82.6% |
| Gross operating margin9900 | €97,349 | €204,268 | €176,622 | €113,923 | €87,554 | ▼ 23.1% |
| Operating profit (loss)9901 | €89,844 | €183,869 | €146,826 | €85,873 | €69,101 | ▼ 19.5% |
| Financial income75/76B | - | €208 | €3,761 | €14,296 | €192 | ▼ 98.7% |
| Recurring financial income75 | €5,074 | €208 | €3,761 | €4,396 | €192 | ▼ 95.6% |
| Non-recurring financial income76B | - | - | - | €9,900 | - | - |
| Financial charges65/66B | - | €18,197 | €16,233 | €13,785 | €11,475 | ▼ 16.8% |
| Recurring financial charges65 | €6,144 | €18,197 | €16,233 | €13,785 | €11,475 | ▼ 16.8% |
| Profit (loss) for the period before taxes9903 | €88,775 | €165,881 | €134,353 | €86,383 | €57,818 | ▼ 33.1% |
| Income taxes67/77 | €25,100 | €51,609 | €35,000 | €51,116 | €12,696 | ▼ 75.2% |
| Profit (loss) for the period9904 | €63,675 | €114,272 | €99,353 | €35,268 | €45,122 | ▲ 27.9% |
| Profit (loss) for the period to be appropriated9905 | €63,675 | €114,272 | €99,353 | €35,268 | €45,122 | ▲ 27.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €515,969 | €699,114 | €818,769 | €799,746 | €838,216 | ▲ 4.8% |
| Fixed assets21/28 | €253,230 | €310,251 | €337,770 | €319,660 | €302,132 | ▼ 5.5% |
| Tangible fixed assets22/27 | €250,759 | €307,780 | €335,299 | €317,189 | €299,661 | ▼ 5.5% |
| Land and buildings22 | - | €290,555 | €291,498 | €278,710 | €265,922 | ▼ 4.6% |
| Plant, machinery and equipment23 | - | - | €31,696 | €30,778 | €28,116 | ▼ 8.6% |
| Furniture and vehicles24 | - | €16,708 | €11,588 | €7,185 | €5,107 | ▼ 28.9% |
| Other tangible fixed assets26 | - | €517 | €517 | €517 | €517 | = |
| Financial fixed assets28 | €2,471 | €2,471 | €2,471 | €2,471 | €2,471 | = |
| Current assets29/58 | €262,739 | €388,863 | €480,999 | €480,086 | €536,083 | ▲ 11.7% |
| Amounts receivable after more than one year29 | - | €187,008 | €190,748 | €194,563 | €194,563 | = |
| Other amounts receivable291 | - | €187,008 | €190,748 | €194,563 | €194,563 | = |
| Amounts receivable within one year40/41 | €46,445 | €198,445 | €287,207 | €281,384 | €272,008 | ▼ 3.3% |
| Trade receivables40 | - | €68,880 | €33,434 | €94,494 | €228,744 | ▲ 142% |
| Other amounts receivable41 | - | €129,565 | €253,774 | €186,889 | €43,265 | ▼ 76.8% |
| Cash at bank and in hand54/58 | €29,285 | €1,625 | €65 | - | - | - |
| Deferred charges and accrued income490/1 | - | €1,785 | €2,979 | €4,139 | €69,512 | ▲ 1,579% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €515,969 | €699,114 | €818,769 | €799,746 | €838,216 | ▲ 4.8% |
| Equity10/15 | €275,975 | €390,246 | €489,599 | €524,867 | €569,989 | ▲ 8.6% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €257,425 | €371,696 | €471,049 | €506,317 | €551,439 | ▲ 8.9% |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | - | - | - |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | - | - | - |
| Distributable reserves133 | - | €369,841 | €469,194 | €506,317 | €551,439 | ▲ 8.9% |
| Amounts payable17/49 | €239,994 | €308,868 | €329,170 | €274,879 | €268,227 | ▼ 2.4% |
| Amounts payable after more than one year17 | €54,203 | €158,108 | €144,847 | €29,280 | €165,400 | ▲ 465% |
| Financial debts170/4 | - | €158,108 | €144,847 | €29,280 | €165,400 | ▲ 465% |
| Amounts payable within one year42/48 | €185,791 | €136,121 | €176,272 | €245,599 | €86,767 | ▼ 64.7% |
| Current portion of amounts payable after more than one year42 | - | €49,092 | €56,153 | €36,267 | €16,019 | ▼ 55.8% |
| Financial debts43 | - | - | €15,170 | €114,105 | - | - |
| Credit institutions430/8 | - | - | €15,170 | €114,105 | - | - |
| Trade debts44 | €35,946 | €27,300 | €59,686 | €44,797 | €60,372 | ▲ 34.8% |
| Suppliers440/4 | - | €27,300 | €59,686 | €44,797 | €60,372 | ▲ 34.8% |
| Advances received on contracts in progress46 | - | €50,735 | €23,514 | €47,028 | - | - |
| Taxes, remuneration and social security45 | - | €8,994 | €21,750 | €3,400 | €10,375 | ▲ 205% |
| Taxes450/3 | - | €8,994 | €21,750 | €3,400 | €10,375 | ▲ 205% |
| Accrued charges and deferred income492/3 | - | €14,639 | €8,050 | - | €16,060 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63,675 | €114,272 | €99,353 | €35,268 | €45,122 | ▲ 27.9% |
| + Depreciation and write-downs630 | €5,076 | €16,509 | €24,650 | €22,734 | €17,527 | ▼ 22.9% |
| Operating cash flow (approximation) | €68,750 | €130,780 | €124,003 | €58,002 | €62,649 | ▲ 8.0% |
| Investment in fixed assets (approximation) | - | -€73,530 | -€52,169 | -€4,624 | €0 | ▲ 100% |
| Change in cash | - | -€27,661 | -€1,560 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 202 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 6.18
Current ratio from 1.95 to 6.18; short-term debt falls from €245,599 to €86,767.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-12
Financial
Equity above €500,000Eq €524,867 ▲7.2%
6 profitable years in a row build equity to €524,867.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €114,272 ▲79.5%
Operating result €183,869, net result €114,272, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.86
Current ratio from 1.41 to 2.86; short-term debt falls from €185,791 to €136,121.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €15,373 ▼78.4%
Net result drops to €15,373, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200,000Eq €212,300 ▲7.8%
2 profitable years in a row build equity to €212,300.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Boechout · 1 establishment unit since 1991
Ground area
809 m²
Building footprint
124 m²
Volume, LiDAR
854 m³
Parcel 11004D0080/00D000, Flanders · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PAISLEY
since 19912.230.166.095
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11004D0080/00D000 | Flanders | 809 m² | 1 · 124 m² | 13.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
14.29%
According to the 2024 annual accounts of PAISLEY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Company details
Identification
Legal formPrivate limited company
Founded22-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443624451
Also
9925:BE0443624451
Registered
22-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.