PASPHIL
ActivePASPHIL has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €50k and a net result of €7k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 34232 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2023
91
/ 100
Excellent▲ +18 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability65▲+6
Solvency55▲+10
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.6 against 1.54 in 2022), but 73.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
26.9%
Return on assets
3.5%
Age of the figures
39 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline16-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 29-01-2024, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
2 d early
2022
on the day
2021
32 d early
2020
9 d early
2019
10 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€50k▲ 15.0%
2022 · €44k
2019: €20k
2020: €26k
2021: €38k
2022: €44k
2019 → 2023
Total assets
€187k▼ 1.4%
2022 · €189k
2019: €199k
2020: €199k
2021: €197k
2022: €189k
2019 → 2023
Net result
€7k▲ 27.1%
2022 · €5k
2019: €7k
2020: €6k
2021: €13k
2022: €5k
2019 → 2023
Working capital
€47k▲ 16.8%
2022 · €40k
2019: €12k
2020: €20k
2021: €34k
2022: €40k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€20k-€26k▲ 29.6%€38k▲ 50.7%€44k▲ 13.4%€50k▲ 15.0%
Operating result€16k-€13k▼ 18.7%€22k▲ 68.0%€14k▼ 36.4%€14k▲ 3.0%
Net result€7k-€6k▼ 18.3%€13k▲ 122%€5k▼ 60.2%€7k▲ 27.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 3% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €187k
Fixed assets
€62k▼ 17.4%
Current assets
€124k▲ 9.2%
Equity and liabilities €187k
Equity
€50k▲ 15.0%
Debt
€136k▼ 6.3%
The debt ratio falls from 76.9% to 73.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€28k▲
2022 · €27k
Cash flow
€20k▲
2022 · €18k
Solvency
26.9%▲
2022 · 23.1%
Current ratio
1.60▲
2022 · 1.54
Quick ratio
1.60▲
2022 · 1.54
Debt / equity
2.72▼
2022 · 3.34
ROE
13.1%▲
2022 · 11.8%
ROA
3.5%▲
2022 · 2.7%
Interest coverage
6.41▲
2022 · 4.96
Debt
€136k▼
2022 · €146k
Debt ≤ 1 year
€78k▲
2022 · €74k
Debt > 1 year
€59k▼
2022 · €72k
Income taxes
€4k▲
2022 · €3k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€189k€187k▼
Fixed assets21/28€75k€62k▼
Tangible fixed assets22/27€75k€62k▼
Land and buildings22€75k€62k▼
Financial fixed assets28€50€50=
Current assets29/58€114k€124k▲
Amounts receivable within one year40/41€114k€124k▲
Trade receivables40€114k€124k▲
Other amounts receivable41€34€35▲
Cash at bank and in hand54/58€238-
Equity and liabilities
Total equity and liabilities10/49€189k€187k▼
Equity10/15€44k€50k▲
Contributions10/11€19k€19k=
Reserves13€25k€32k▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€24k€30k▲
Amounts payable17/49€146k€136k▼
Amounts payable after more than one year17€72k€59k▼
Financial debts170/4€72k€59k▼
Amounts payable within one year42/48€74k€78k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Financial debts43-€6
Credit institutions430/8-€6
Trade debts44€542€5k▲
Suppliers440/4€542€5k▲
Taxes, remuneration and social security45€12k€14k▲
Taxes450/3€12k€14k▲
Other amounts payable47/48€49k€46k▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k=
Other operating charges640/8€3k€2k▼
Gross operating margin9900€30k€30k▼
Operating profit (loss)9901€14k€14k▲
Financial income75/76B€10-
Recurring financial income75€10-
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€9k€10k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€5k€7k▲
Profit (loss) for the period to be appropriated9905€5k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€7k▲
Transfer to equity691/2€5k€7k▲
To other reserves6921€5k€7k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €5k ▼60.2%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €13k ▲122%
Operating result €22k, net result €13k, both a record.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 375 days late
2015
29-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
26-02
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 26 days late
2012
03-02
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Tournai · 1 establishment unit since 2003
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.
Rue du Château(TOU) 367500 TournaiGround area
69 m²
Building footprint
44 m²
Volume, LiDAR
495 m³
Parcel 57462D0599/00_000, Wallonia · tallest building 12.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Château(TOU) 36, 7500 Tournai
since 20032.126.965.520
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462D0599/00_000 | Wallonia | 69 m² | 1 · 44 m² | 12.5 m · 4 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 82,241 companies in sector 70200 we hold annual accounts for 52,391. 37,932 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2003
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.