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PAOPAO

Active
Private limited companyfounded 2022active for 4 yearsFortstraat 15, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0783.489.388

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

PAOPAO has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€12,244) and a net result of -€8,026. Equity has been growing by about 15% per year since 2022. Its solvency ranks better than 10% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

KBO
Status
Active since 16-03-2022 Normal situation
Legal form
Private limited company
Registered office
Fortstraat 15, 1060 Sint-Gillis (bij-Brussel)
Activity
Retail sale of newspapers and periodicals NACE 47621and 4 others
Establishment unit
2.330.008.492 1060 Sint-Gillis (bij-Brussel), since 16-03-2022
Financial year end
31 December
Peppol
Reachable since 24-12-2025

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts 2025
Gross margin
€70,585
▼ 8.1%
Turnover
≈ €430,000
estimated
Loss
€8,026
Equity
-€12,244
▼ 190%
Total assets
€18,146
▼ 24.6%
Staff
3.9 FTE
▲ 34.5%
2025 accounts filed 28 days after the deadline
Filed on 28-08-2026at the National Bank
Score breakdownraises riskCapped at 59: negative equityNegative equity -€12,244Sector: Retail trade (NACE 47)lowers riskSize: total assets €18,146Liquidity: current ratio 0.38, cash €8,819Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 17% of micro companies in retail trade (NACE 47)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0-7
equity -67.5% of total assets
Liquidity 50=
short-term debt 167.5% · cash 48.6%
Profitability 0-100
return on assets -44.2%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 2.5%highest value 12-2024: 2.3%▼ -0.2 percentage points vs 11-2024 01-2025: 2.3%● unchanged vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.3%● unchanged vs 03-2025 05-2025: 2.4%▲ +0.1 percentage points vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 1.2%▼ -1.2 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.0%▼ -0.2 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 0.9%▼ -0.1 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026lowest value 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.6 percentage points vs 07-2026 09-2026: 1.3%▼ -0.4 percentage points vs 08-2026 10-2026: 1.3%● unchanged vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.38 (0.59 in 2024), below 1. Short-term debt is 167.5% and cash 48.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 6% of them on solvency, 52% on liquidity, 6% on profitability and 3% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €18,146
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.38, cash €8,819
NBB · annual accounts
raises risk · Negative equity -€12,244
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€12,244
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
28 days late
2024
13 days early
2023
40 days early
2022
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 15 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 7 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€12,244 View
  • Caution: Lower solvency than 89% of companies in retail tradesector median 33.2% · 22,726 companies -67.5% View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about PAOPAO

What is the company number of PAOPAO?
The company number of PAOPAO is 0783.489.388. The VAT number is the same number with BE in front: BE 0783.489.388.
Where is PAOPAO based?
The registered office is at Fortstraat 15, 1060 Sint-Gillis (bij-Brussel).Company details
What does PAOPAO do?
According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
What is the legal form of PAOPAO?
The legal form of PAOPAO is Private limited company (BV).
When was PAOPAO founded?
PAOPAO was founded on 16-03-2022.
Is PAOPAO still active?
Yes, PAOPAO is an active enterprise in the KBO register.
How many employees does PAOPAO have?
PAOPAO had an average of 3.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PAOPAO?
The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €70,585 and 32 comparable companies (NACE 476). It probably lies between €200,000 and €710,000.
Is PAOPAO profitable?
In financial year 2025, PAOPAO made a loss of €8,026.
Where can I find the annual accounts of PAOPAO?
PAOPAO filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of PAOPAO due?
PAOPAO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as PAOPAO: retail sale of newspapers and periodicals (NACE 47621). They are comparable in size and age: total assets between €18,400 and €33,500, founded between 2021 and 2023.

CompanyTotal assetsGross margin
PAOPAO Sint-Gillis (bij-Brussel)€18,146€70,585
INFINITY PROJECT Vorst€18,374€43,305
HASIB TALASH Schaarbeek€33,521€47,208
Librairie Centre-Ville Brussel€21,893€31,020
ARDI MXI Wemmel€29,180€47,942
RS 76 Zaventem€29,321€45,072
JABBERWOCKY Amay€31,859€46,084
Full comparison

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