PAOLO'S IDEA
ActiveSummary
The computed 12-month bankruptcy probability of PAOLO'S IDEA is 2.1% (moderate). The 2025 annual accounts show equity of €3k and a net result of €26k. Equity is shrinking by ~17.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 26% of 13305 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+74
Solvency26▲+11
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.8%
Return on assets
7.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
64 d late
2023
36 d late
2022
29 d late
2021
30 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€26k
2024 · €-60k
2018: €25k
2019: €17k
2020: €13k
2021: €46k
2022: €142k
2023: €-102k
2024: €-60k
2018 → 2025
Working capital
€-74k▲ 32.2%
2024 · €-109k
2018: €-50k
2019: €-51k
2020: €-85k
2021: €2k
2022: €142k
2023: €-56k
2024: €-109k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€156k-€298k▲ 90.7%€38k▼ 87.3%€-23k€3k
Operating result€47k-€190k▲ 305%€-97k€-47k▲ 51.6%€35k
Net result€46k-€142k▲ 207%€-102k€-60k▲ 41.0%€26k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €35k after a loss of €47k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €354k
Fixed assets
€78k ▼ 9.7%
Current assets
€277k ▲ 113%
Equity and liabilities €354k
Equity
€3k
Debt
€351k
Debt finances 99.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€54k▲
2024 · €6k
Cash flow
€44k▲
2024 · €-8k
Current ratio
0.79▲
2024 · 0.54
Quick ratio
0.68▲
2024 · 0.39
ROE
868.2%
ROA
7.2%▲
2024 · -28.0%
Interest coverage
6.28▲
2024 · 0.44
Debt ≤ 1 year
€350k▲
2024 · €238k
Income taxes
€1k▲
2024 · €337
Staff costs
€242k▼
2024 · €283k
A ratio outside any meaningful range has been withheld (balance sheet total €354k, equity €3k).
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 · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€216k€354k▲
Fixed assets21/28€86k€78k▼
Intangible fixed assets21€35k€27k▼
Tangible fixed assets22/27€48k€47k▼
Plant, machinery and equipment23€769€4k▲
Furniture and vehicles24€46k€40k▼
Other tangible fixed assets26€989€3k▲
Financial fixed assets28€4k€4k=
Current assets29/58€130k€277k▲
Stocks and contracts in progress3€37k€38k▲
Stocks30/36€37k€38k▲
Amounts receivable within one year40/41€40k€73k▲
Other amounts receivable41€40k€73k▲
Cash at bank and in hand54/58€38k€36k▼
Deferred charges and accrued income490/1€15k€130k▲
Equity and liabilities
Total equity and liabilities10/49€216k€354k▲
Equity10/15€-23k€3k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-31k€-5k▲
Amounts payable17/49€238k€351k▲
Amounts payable within one year42/48€238k€350k▲
Trade debts44€118k€158k▲
Suppliers440/4€118k€158k▲
Advances received on contracts in progress46€25k€140k▲
Taxes, remuneration and social security45€52k€45k▼
Taxes450/3€24k€22k▼
Remuneration and social security454/9€28k€24k▼
Other amounts payable47/48€42k€6k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€283k€242k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€19k▼
Other operating charges640/8€2k€7k▲
Non-recurring operating charges66A€4k-
Gross operating margin9900€294k€303k▲
Operating profit (loss)9901€-47k€35k▲
Financial income75/76B€300€416▲
Recurring financial income75€300€416▲
Financial charges65/66B€13k€9k▼
Recurring financial charges65€13k€9k▼
Profit (loss) for the period before taxes9903€-60k€27k▲
Income taxes67/77€337€1k▲
Profit (loss) for the period9904€-60k€26k▲
Profit (loss) for the period to be appropriated9905€-60k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-5k▲
Profit (loss) brought forward from the previous period14P€30k€-31k▼
The notes to these accounts (9 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Back to profitnet €26k
Net result €26k after 2 loss-making years.
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 64 days late
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
31-12
Financial
Weakest financial yearnet €-102k ▼172%
Net result drops to €-102k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Highest result since 2018net €142k ▲207%
Operating result €190k, net result €142k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.87
Current ratio from 1.01 to 2.87; short-term debt falls from €229k to €76k.
31-12
Financial
Equity above €200kEq €298k ▲90.7%
5 profitable years in a row build equity to €298k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €150kEq €156k ▲41.9%
4 profitable years in a row build equity to €156k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
Show earlier events
2020
31-12
Financial
Equity above €100kEq €110k ▲13.5%
3 profitable years in a row build equity to €110k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, Etterbeek · 1 establishment unit since 2001
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.
Oudergemlaan 481040 EtterbeekGround area
551 m²
Building footprint
532 m²
Volume, LiDAR
14,796 m³
Parcel 21806F0371/00M005, Brussels · tallest building 32.6 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Oudergemlaan 48, 1040 Etterbeek
since 20012.116.580.778
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0371/00M005 | Brussels | 551 m² | 1 · 532 m² | 32.6 m · 10 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEtterbeek2.116.580.778
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 3,655 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
Founded21-06-2001
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.