PARTAM
ActivePARTAM has been active since 1985 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2024 annual accounts show equity of €5.08M and a net result of €-9k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 76% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▼-7
Solvency92▼-8
Growth78▲+20
Track record84
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 3.82 against 15.11 in 2023; short-term debt: 18.5% and cash: 2.4% of total assets), and 32.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €5.08M
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
112 d early
2022
54 d early
2021
57 d early
2020
26 d early
2019
15 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-9k▼ 232%
2023 · €-3k
2018: €-94k
2019: €-110k
2020: €-13k
2021: €63k
2022: €55k
2023: €-3k
2018 → 2024
Working capital
€3.93M▲ 111%
2023 · €1.87M
2018: €2.01M
2019: €1.88M
2020: €1.86M
2021: €1.90M
2022: €1.91M
2023: €1.87M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.40M-€2.47M▲ 2.6%€2.52M▲ 2.2%€2.52M▼ 0.1%€5.08M▲ 102%
Operating result€-11k-€-26k▼ 142%€-49k▼ 86.2%€-39k▲ 19.5%€-258k▼ 559%
Net result€-13k-€63k€55k▼ 12.6%€-3k€-9k▼ 232%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €258k in 2024 against €39k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.55M
Fixed assets
€2.22M▲ 70.5%
Current assets
€5.33M▲ 167%
Equity and liabilities €7.55M
Equity
€5.08M▲ 102%
Provisions
€523k▲ 64.9%
Debt
€1.94M▲ 320%
The debt ratio rises from 14.0% to 25.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-165k▼
2023 · €14k
Cash flow
€84k▲
2023 · €50k
Solvency
67.3%▼
2023 · 76.4%
Current ratio
3.82▼
2023 · 15.11
Quick ratio
3.82▼
2023 · 15.11
Debt / equity
0.38▲
2023 · 0.18
ROE
-0.2%▼
2023 · -0.1%
ROA
-0.1%▼
2023 · -0.1%
Interest coverage
-3.09▼
2023 · 0.84
Debt
€1.94M▲
2023 · €462k
Debt ≤ 1 year
€1.40M▲
2023 · €132k
Debt > 1 year
€530k▲
2023 · €330k
Income taxes
€673▲
2023 · €-3k
Staff costs
€31k▲
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.30M€7.55M▲
Fixed assets21/28€1.30M€2.22M▲
Tangible fixed assets22/27€1.30M€2.21M▲
Land and buildings22€1.29M€2.21M▲
Furniture and vehicles24€10k€5k▼
Financial fixed assets28-€3k
Current assets29/58€2.00M€5.33M▲
Amounts receivable after more than one year29€1.00M€3.00M▲
Other amounts receivable291€1.00M€3.00M▲
Amounts receivable within one year40/41€11k€21k▲
Trade receivables40€6k€2k▼
Other amounts receivable41€5k€18k▲
Current investments50/53€44k€2.08M▲
Cash at bank and in hand54/58€938k€183k▼
Deferred charges and accrued income490/1€7k€49k▲
Equity and liabilities
Total equity and liabilities10/49€3.30M€7.55M▲
Equity10/15€2.52M€5.08M▲
Contributions10/11€63k€1.42M▲
Capital10€63k€1.42M▲
Issued capital100€63k€1.42M▲
Reserves13€2.55M€2.65M▲
Non-distributable reserves130/1€6k€142k▲
Legal reserve130€6k€142k▲
Financial assistance1313-€14
Tax-exempt reserves132€1.70M€1.67M▼
Distributable reserves133€840k€840k=
Profit (loss) carried forward14€-87k€1.01M▲
Provisions and deferred taxes16€318k€523k▲
Provisions for liabilities and charges160/5-€216k
Environmental obligations163-€216k
Deferred taxes168€318k€308k▼
Amounts payable17/49€462k€1.94M▲
Amounts payable after more than one year17€330k€530k▲
Financial debts170/4€330k€530k▲
Amounts payable within one year42/48€132k€1.40M▲
Current portion of amounts payable after more than one year42€65k€124k▲
Trade debts44€29k€9k▼
Suppliers440/4€29k€9k▼
Taxes, remuneration and social security45€3k€4k▲
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€35k€1.26M▲
Accrued charges and deferred income492/3€223€17k▲
Income statement
Code20232024
Remuneration, social security and pensions62€29k€31k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€93k▲
Other operating charges640/8€9k€17k▲
Non-recurring operating charges66A-€152k
Gross operating margin9900€51k€34k▼
Operating profit (loss)9901€-39k€-258k▼
Financial income75/76B€40k€294k▲
Recurring financial income75€40k€294k▲
Financial charges65/66B€16k€53k▲
Recurring financial charges65€16k€53k▲
Profit (loss) for the period before taxes9903€-16k€-18k▼
Transfer from deferred taxes780€10k€10k=
Income taxes67/77€-3k€673▲
Profit (loss) for the period9904€-3k€-9k▼
Transfer from tax-exempt reserves789€29k€29k=
Profit (loss) for the period to be appropriated9905€26k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-87k€1.01M▲
Profit (loss) brought forward from the previous period14P€-114k€993k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-09
KBO administration
Address strikeout annulled
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
20-06
KBO administration
Address struck
2024
31-12
Financial
Equity above €5MEq €5.08M ▲102%
Equity rises from €2.52M to €5.08M.
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
04-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €63k
Net result €63k after 3 loss-making years.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-110k
Net result drops to €-110k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Elsene · 1 establishment unit since 1987
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.
Klauwaartslaan 13M1050 ElseneGround area
192 m²
Building footprint
99 m²
Volume, LiDAR
1,541 m³
Parcel 21444B0086/00Z006, Brussels · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PARTAM SA
since 19872.029.760.137
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21444B0086/00Z006 | Brussels | 192 m² | 1 · 99 m² | 19.2 m · 5 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.
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Of 11,750 companies in sector 68310 we hold annual accounts for 6,908. 1,636 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-12-1985
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.