Summary
The computed 12-month bankruptcy probability of PARADIS is 2.6% (moderate). The 2020 annual accounts show equity of €9,167 and a net result of €2,939. The company has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability78▲+53
Solvency75▲+38
Growth78
Track record92
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020Solvency, return and age of the figures
Solvency
50.3%
Return on assets
16.1%
Age of the figures
69 mo
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
130 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 81 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2020, micro schema
Equity
€9,167▲ 47.2%
2019 · €6,228
Total assets
€18,230▼ 64.6%
2019 · €51,496
Net result
€2,939
2019 · -€2,666
Working capital
€5,912
2019 · -€5,507
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020
Operating result-€3,788-€1,349
Net result-€2,666-€2,939
Equity€6,228-€9,167▲ 47.2%
Total assets€51,496-€18,230▼ 64.6%
Debt€45,268-€9,063▼ 80.0%
Working capital-€5,507-€5,912
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €1,349 after a loss of €3,788 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €18,230
Fixed assets
€6,998 ▼ 80.1%
Current assets
€11,232 ▼ 31.1%
Equity and liabilities €18,230
Equity
€9,167 ▲ 47.2%
Debt
€9,063 ▼ 80.0%
Debt's share of the balance-sheet total falls from 87.9% to 49.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5,040▼
2019 · €8,374
Cash flow
€6,630▼
2019 · €9,496
Current ratio
2.11▲
2019 · 0.75
Debt to equity
0.41▼
2019 · 3.76
ROE
32.1%▲
2019 · -42.8%
ROA
16.1%▲
2019 · -5.2%
Debt ≤ 1 year
€5,320▼
2019 · €21,820
Debt > 1 year
€3,743▼
2019 · €23,448
Income taxes
-€236
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,162 | €3,691 | ▼ 69.7% |
| Gross operating margin9900 | €11,426 | €31,124 | ▲ 172% |
| Operating profit (loss)9901 | -€3,788 | €1,349 | ▲ 136% |
| Recurring financial income75 | €1,170 | €1,479 | ▲ 26.4% |
| Recurring financial charges65 | €48 | €125 | ▲ 160% |
| Profit (loss) for the period before taxes9903 | -€2,666 | €2,703 | ▲ 201% |
| Income taxes67/77 | - | -€236 | - |
| Profit (loss) for the period9904 | -€2,666 | €2,939 | ▲ 210% |
| Profit (loss) for the period to be appropriated9905 | -€2,666 | €2,939 | ▲ 210% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €51,496 | €18,230 | ▼ 64.6% |
| Fixed assets21/28 | €35,183 | €6,998 | ▼ 80.1% |
| Tangible fixed assets22/27 | €35,183 | €6,998 | ▼ 80.1% |
| Current assets29/58 | €16,313 | €11,232 | ▼ 31.1% |
| Amounts receivable within one year40/41 | €14,886 | €10,599 | ▼ 28.8% |
| Cash at bank and in hand54/58 | €1,427 | €633 | ▼ 55.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €51,496 | €18,230 | ▼ 64.6% |
| Equity10/15 | €6,228 | €9,167 | ▲ 47.2% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Reserves13 | €100 | €100 | = |
| Profit (loss) carried forward14 | €5,128 | €8,067 | ▲ 57.3% |
| Amounts payable17/49 | €45,268 | €9,063 | ▼ 80.0% |
| Amounts payable after more than one year17 | €23,448 | €3,743 | ▼ 84.0% |
| Amounts payable within one year42/48 | €21,820 | €5,320 | ▼ 75.6% |
| Trade debts44 | €5,579 | €977 | ▼ 82.5% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€2,666 | €2,939 | ▲ 210% |
| + Depreciation and write-downs630 | €12,162 | €3,691 | ▼ 69.7% |
| Operating cash flow (approximation) | €9,496 | €6,630 | ▼ 30.2% |
| Investment in fixed assets (approximation) | - | €24,494 | - |
| Change in cash | - | -€794 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
06-10
KBO administration
Address struck
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €2,939
Net result €2,939 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.11
Current ratio from 0.75 to 2.11; short-term debt falls from €21,820 to €5,320.
08-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 130 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Nivelles · 1 establishment unit since 2017
Ground area
7,687 m²
Building footprint
371 m²
Volume, LiDAR
2,212 m³
2 parcels, Flanders, Wallonia · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
PARADIS
since 20172.266.870.994
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0576/00S005 | Wallonia | 7,339 m² | 1 · 236 m² | 7.4 m · 2 fl. |
| 24055D0033/00G000 | Flanders | 348 m² | 1 · 135 m² | 10.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formLimited partnership
Founded07-03-2017
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.