PAJOT 41
ActiveThe computed 12-month bankruptcy probability of PAJOT 41 is 2.9% (moderate). The 2025 annual accounts show equity of €218k and a net result of €-28k. Equity is shrinking by ~14.7% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency9▼-1
Growth32=
Stability94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.06 in 2024), and 86.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year -€28k
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 26-03-2026, 127 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
127 d early
2024
149 d early
2023
98 d early
2022
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€218k▼ 11.2%
2024 · €246k
2022: €351k
2023: €288k
2024: €246k
2022 → 2025
Total assets
€1.57M▼ 4.1%
2024 · €1.64M
2022: €1.40M
2023: €1.69M
2024: €1.64M
2022 → 2025
Net result
€-28k▲ 35.2%
2024 · €-43k
2022: €-23k
2023: €-63k
2024: €-43k
2022 → 2025
Working capital
€-639k▼ 4.1%
2024 · €-613k
2022: €-547k
2023: €-593k
2024: €-613k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€351k-€288k▼ 17.9%€246k▼ 14.8%€218k▼ 11.2%
Operating result€-7k-€-24k▼ 252%€8k€16k▲ 111%
Net result€-23k-€-63k▼ 175%€-43k▲ 32.3%€-28k▲ 35.2%
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 two years in a row; 2025 is 111% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.57M
Fixed assets
€1.55M▼ 2.6%
Current assets
€18k▼ 57.4%
Equity and liabilities €1.57M
Equity
€218k▼ 11.2%
Debt
€1.35M▼ 2.8%
The debt ratio rises from 85.0% to 86.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€60k▲
2024 · €51k
Cash flow
€16k▲
2024 · €788
Solvency
13.9%▼
2024 · 15.0%
Current ratio
0.03▼
2024 · 0.06
Quick ratio
0.03▼
2024 · 0.06
Debt / equity
6.21▲
2024 · 5.67
ROE
-12.7%▲
2024 · -17.4%
ROA
-1.8%▲
2024 · -2.6%
Interest coverage
1.37▲
2024 · 1.02
Debt
€1.35M▼
2024 · €1.39M
Debt ≤ 1 year
€657k▲
2024 · €656k
Debt > 1 year
€669k▼
2024 · €704k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.64M€1.57M▼
Fixed assets21/28€1.60M€1.55M▼
Tangible fixed assets22/27€1.60M€1.55M▼
Land and buildings22€1.60M€1.55M▼
Plant, machinery and equipment23-€1k
Current assets29/58€42k€18k▼
Cash at bank and in hand54/58€42k€17k▼
Deferred charges and accrued income490/1€616€641▲
Equity and liabilities
Total equity and liabilities10/49€1.64M€1.57M▼
Equity10/15€246k€218k▼
Contributions10/11€374k€374k=
Profit (loss) carried forward14€-128k€-156k▼
Amounts payable17/49€1.39M€1.35M▼
Amounts payable after more than one year17€704k€669k▼
Financial debts170/4€704k€669k▼
Amounts payable within one year42/48€656k€657k▲
Current portion of amounts payable after more than one year42€37k€38k▲
Trade debts44€601€757▲
Suppliers440/4€601€757▲
Other amounts payable47/48€618k€618k=
Accrued charges and deferred income492/3€33k€28k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€44k▲
Other operating charges640/8€4k€1k▼
Gross operating margin9900€55k€61k▲
Operating profit (loss)9901€8k€16k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€50k€44k▼
Recurring financial charges65€50k€44k▼
Profit (loss) for the period before taxes9903€-43k€-28k▲
Profit (loss) for the period9904€-43k€-28k▲
Profit (loss) for the period to be appropriated9905€-43k€-28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-128k€-156k▼
Profit (loss) brought forward from the previous period14P€-86k€-128k▼
The notes to these accounts (6 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 2026, expected by
2026
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-63k
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB 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, Herent · 1 establishment unit since 2022
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.
Kloosterweg 173020 HerentGround area
726 m²
Building footprint
136 m²
Volume, LiDAR
575 m³
Parcel 24423G0401/00C015, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PAJOT 41
since 20222.331.244.154
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423G0401/00C015 | Flanders | 726 m² | 1 · 136 m² | 5.9 m · 1 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-04-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.