Skip to content

Papillon Nursing

Active
Private limited companyfounded 2024active for 2 yearsGelaagstraat 167 E, 9140 Temse, BelgiumKBO/BCE: BE 1007.172.774
Summary

The computed 12-month bankruptcy probability of Papillon Nursing is 3.0% (moderate). The 2025 annual accounts show equity of €74,856 and a net result of €71,856. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€74,856
Total assets
€97,164
Net result
€71,856
Working capital
€75,211

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €97,164
Equity €74,856
Debt €22,308
Debt finances 23.0% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
4.43
Debt to equity
0.30
ROE
96.0%
ROA
74.0%
Debt ≤ 1 year
€21,953
Income taxes
€18,446
Staff costs
€67

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€97,164
Current assets29/58€97,164
Amounts receivable within one year40/41€65,375
Other amounts receivable41€65,375
Cash at bank and in hand54/58€31,789
Equity and liabilities
Total equity and liabilities10/49€97,164
Equity10/15€74,856
Contributions10/11€3,000
Reserves13€71,856
Distributable reserves133€71,856
Amounts payable17/49€22,308
Amounts payable within one year42/48€21,953
Trade debts44€49
Suppliers440/4€49
Taxes, remuneration and social security45€21,904
Taxes450/3€18,446
Remuneration and social security454/9€3,459
Accrued charges and deferred income492/3€355
Income statement Code2025
Remuneration, social security and pensions62€67
Other operating charges640/8€988
Gross operating margin9900€92,219
Operating profit (loss)9901€91,163
Financial income75/76B€3,795
Recurring financial income75€3,795
Financial charges65/66B€4,657
Recurring financial charges65€4,657
Profit (loss) for the period before taxes9903€90,301
Income taxes67/77€18,446
Profit (loss) for the period9904€71,856
Profit (loss) for the period to be appropriated9905€71,856
Appropriation of the result
Profit (loss) to be appropriated9906€71,856
Transfer to equity691/2€71,856
To other reserves6921€71,856

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€67
Other operating charges640/8€988
Gross operating margin9900€92,219
Operating profit (loss)9901€91,163
Financial income75/76B€3,795
Recurring financial income75€3,795
Financial charges65/66B€4,657
Recurring financial charges65€4,657
Profit (loss) for the period before taxes9903€90,301
Income taxes67/77€18,446
Profit (loss) for the period9904€71,856
Profit (loss) for the period to be appropriated9905€71,856
Line2025
Assets
Total assets20/58€97,164
Current assets29/58€97,164
Amounts receivable within one year40/41€65,375
Other amounts receivable41€65,375
Cash at bank and in hand54/58€31,789
Equity and liabilities
Total equity and liabilities10/49€97,164
Equity10/15€74,856
Contributions10/11€3,000
Reserves13€71,856
Distributable reserves133€71,856
Amounts payable17/49€22,308
Amounts payable within one year42/48€21,953
Trade debts44€49
Suppliers440/4€49
Taxes, remuneration and social security45€21,904
Taxes450/3€18,446
Remuneration and social security454/9€3,459
Accrued charges and deferred income492/3€355
Line2025
Profit (loss) for the period9904€71,856
Operating cash flow (approximation)€71,856

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-03-2025 micro format 30-10-2025 2025-00557432

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €335 awarded · €335 paid
Year Entries AwardedPaid
2025 1 €185€185
2024 1 €150€150
Schemes
2 entries · €335 · €335 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.