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PAJANKA

Active
Private limited companyfounded 2002active for 23 yearsProvincieweg 476, 9550 Herzele, BelgiumKBO/BCE: BE 0478.811.794
Summary

PAJANKA has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,689 and a net result of €19,204. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 88% of 16,824 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
PAJANKAActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Activity
Full-service restaurants
NACE 56111
Oldest company in Herzele, Accommodation and food service sector1 site
Size
€154,506total assets 2025
Staff
12.5 FTE
Equity
€116,689
Profit
€19,204
Turnover not published (micro format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
  • MICHIELS Jan Wim AchielDirector
2025 accounts 57 days early1 of 2 deeds summarised
Why 93raises riskSector: Food and beverage service activities (NACE 56)Size: total assets €154,506lowers riskFounded in 2002Liquidity: current ratio 3.06, cash €31,569Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (NACE 56, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+12
equity 75.5% of total assets
Liquidity 76-15
short-term debt 9.9% · cash 20.4%
Profitability 84+5
return on assets 12.4%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,756 companies, NACE 56, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025highest value 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.06, compared with 2.74 in 2024, above the usual 1.5; short-term debt: 9.9% and cash: 20.4% of total assets), and 24.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 94% on solvency, 79% on liquidity, 72% on profitability and 65% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 3.06, cash €31,569
NBB · annual accounts
raises risk · Size: total assets €154,506
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
57 days early
2024
23 days early
2023
29 days late
2022
27 days early
2021
48 days early
2020
11 days late
2019
5 days late
← 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 16 days before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Equity above €100,000equity €116,689 ▲19.7%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Oldest company in Herzele, Accommodation and food service sectorin the Checked rankings No. 1 View
  • Positive: Staff rose in 2025from 7.8 FTE to 12.5 FTE ▲ 60.3% View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€154,506
Profit
€19,204
Solvency
75.5%
Total assets▼ 0.1%
Net result
20182025
Go to Financials

Timeline

Events
29
Since
2004
Next accounts
by 31-07-2027
  1. 29-08-2024Annual accounts filed
  2. 28-07-2023Resignation: MICHIELS Jan Wim Achiel (manager)
  3. 04-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
20-11-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about PAJANKA

What is the company number of PAJANKA?
0478.811.794. In Belgium the VAT number is the company number with BE in front: BE 0478.811.794.
Where is PAJANKA based?
The registered office is at Provincieweg 476, 9550 Herzele.Company details
What does PAJANKA do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of PAJANKA?
Private limited company (BV).
When was PAJANKA founded?
On 20-11-2002.
Is PAJANKA still active?
Yes, PAJANKA is an active enterprise in the KBO register.
How many employees does PAJANKA have?
On average 12.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PAJANKA?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is PAJANKA profitable?
In financial year 2025, PAJANKA made a profit of €19,204.
Where can I find the annual accounts of PAJANKA?
PAJANKA filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PAJANKA due?
By 31-07-2027, for financial year 2026.Timeline

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