PAQUET
PAQUET has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €-64k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 14% of 457 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €224k |
| Net result | €-64k |
| Staff (FTE) | 33.1 |
| Better than sector | 14% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.1% | 48.2% | |
| Net result | €-64k | €70k | |
| Equity | €224k | €3.48M | |
| Gross operating margin | €2.84M | €2.15M | |
| Staff costs | €2.42M | €5.17M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €380k | €526k | €525k | €517k | €459k |
| Net profit | €-64k | €70k | €52k | €70k | €-23k |
| Cash flow | €281k | €419k | €408k | €417k | €319k |
| Staff costs | €2.42M | €2.29M | €2.35M | €1.96M | €1.70M |
| Income taxes | €12k | €8k | - | - | €377 |
| Dividends | - | - | - | - | - |
| Total assets | €4.41M | €4.69M | €5.03M | €5.36M | €5.55M |
| Equity | €224k | €289k | €219k | €167k | €97k |
| Debt | €4.18M | €4.40M | €4.81M | €5.19M | €5.45M |
| of which ≤ 1y | €1.65M | €1.50M | €1.46M | €1.50M | €1.25M |
| of which > 1y | €2.53M | €2.90M | €3.35M | €3.69M | €4.20M |
| Working capital | €-1.09M | €-943k | €-854k | €-887k | €-600k |
| Employees (FTE) | 33.1 | 33.5 | 33.7 | 34.8 | 33.3 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.34 | 0.37 | 0.41 | 0.41 | 0.52 |
| Quick ratio | 0.34 | 0.37 | 0.41 | 0.41 | 0.52 |
| Working capital ratio | -24.8% | -20.1% | -17.0% | -16.6% | -10.8% |
| Solvency | 5.1% | 6.2% | 4.4% | 3.1% | 1.7% |
| Debt / equity | 18.64 | 15.24 | 21.94 | 31.04 | 56.17 |
| Long-term debt ratio | 11.27 | 10.03 | 15.30 | 22.05 | 43.28 |
| Interest coverage | 4.40 | 5.32 | 4.47 | 5.21 | 3.29 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -1.5% | 1.5% | 1.0% | 1.3% | -0.4% |
| ROE | -28.7% | 24.1% | 23.7% | 42.0% | -24.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €4.41M | €4.69M | €5.03M | €5.36M | €5.55M |
| Fixed assets | 21/28 | €3.78M | €4.05M | €4.32M | €4.59M | €4.77M |
| Formation expenses | 20 | €59k | €77k | €104k | €146k | €130k |
| Intangible fixed assets | 21 | €112k | €160k | €208k | €256k | €304k |
| Tangible fixed assets | 22/27 | €3.67M | €3.89M | €4.11M | €4.34M | €4.46M |
| Current assets | 29/58 | €562k | €561k | €601k | €616k | €651k |
| Amounts receivable within one year | 40/41 | €517k | €448k | €556k | €546k | €515k |
| Investments | 50/53 | €59 | €59 | €33k | €8k | €23 |
| Cash & bank | 54/58 | €44k | €112k | - | €62k | €135k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.41M | €4.69M | €5.03M | €5.36M | €5.55M |
| Equity | 10/15 | €224k | €289k | €219k | €167k | €97k |
| Contributions / capital | 10/11 | €103k | €103k | €103k | €103k | €103k |
| Accumulated profits (losses) | 14 | €-1.06M | €-995k | €-1.06M | €-1.12M | €-1.19M |
| Amounts payable | 17/49 | €4.18M | €4.40M | €4.81M | €5.19M | €5.45M |
| Amounts payable after one year | 17 | €2.53M | €2.90M | €3.35M | €3.69M | €4.20M |
| Amounts payable within one year | 42/48 | €1.65M | €1.50M | €1.46M | €1.50M | €1.25M |
| Trade debts payable within one year | 44 | €122k | €80k | €77k | €100k | €275k |
| Income statement | ||||||
| Gross operating margin | 9900 | €2.84M | €2.88M | €2.89M | €2.49M | €2.17M |
| Operating result | 9901 | €34k | €176k | €169k | €169k | €117k |
| Financial income | 75 | €31 | €195 | €232 | €127 | €22 |
| Financial charges | 65 | €86k | €99k | €118k | €99k | €140k |
| Result before taxes | 9903 | €-52k | €77k | €52k | €70k | €-23k |
| Income taxes | 67/77 | €12k | €8k | - | - | €377 |
| Net result for the period | 9904 | €-64k | €70k | €52k | €70k | €-23k |
| Result to be appropriated | 9905 | €-64k | €70k | €52k | €70k | €-23k |
-
Stéphane PaquetDirectorState Gazette act 23421479 (06-11-2023)Current31-10-2023 → present
| NACE primary | Residential care activities(87301) |
| Legal form | Private limited company(610) |
| Incorporation | 03-11-2005 |
| Status | Active |
| Postal code | 5660 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93039C0685/00S000 | Wallonia | 8,311 m² | 1 · 120 m² | - |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-11-2023 Stéphane Paquet appointed as director
- Stéphane Paquet, Bestuurder
Technical details
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"name": "St\u00E9phane Paquet",
"address": "5660 Couvin-Mariembourg, Herdal-de-Fagnolle, 23",
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},
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"subkind": "renewal",
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"statutory": "niet_statutair",
"compensated": false,
"effective_date": "2023-10-31",
"evidence_quote": "D\u00E9cision de mettre fin \u00E0 la fonction du g\u00E9rant actuel mentionn\u00E9 ci-apr\u00E8s, et de proc\u00E9der imm\u00E9diatement au renouvellement de sa nomination comme administrateur non statutaire pour une dur\u00E9e illimit\u00E9e, avec effet en date de ce jour : . Monsieur Paquet, St\u00E9phane, domicili\u00E9 \u00E0 5660 Couvin-Mariembourg, He",
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},
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{
"kind": "board_snapshot",
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"evidence_quote": "La soci\u00E9t\u00E9 est administr\u00E9e par un ou plusieurs administrateurs, personnes physiques ou morales, actionnaires ou non, nomm\u00E9s avec ou sans limitation de dur\u00E9e et pouvant, s\u2019ils sont nomm\u00E9s dans les statuts, avoir la qualit\u00E9 d\u2019administrateur statutaire.",
"decharge_status": null,
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}
],
"notary": {
"name": "Antoine Frippiat",
"firm_city": null,
"firm_name": null,
"office_city": "Wellin",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-11-06",
"filing_date": "2023-11-02",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-10-31",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0877.049.254",
"name_full": "PAQUET",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
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"person_name": "Antoine Frippiat",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"Exp\u00E9dition de l\u2019acte modificatif des statuts du 31/10/2023.",
"Statuts coordonn\u00E9s au 31/10/2023."
],
"corrected_publication_numac": null
}| Legal nameFR | PAQUET |