Skip to content

PAULISSEN Michel

Active
Private limited companyfounded 1993active for 32 yearsRue de Tilff 114, 4100 Seraing, BelgiumKBO/BCE: BE 0451.662.583
Summary

The computed 12-month bankruptcy probability of PAULISSEN Michel is 1.9% (moderate). The 2025 annual accounts show equity of €157,579 and a net result of €6,887. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 12,672 sector peers (NACE 47, financial year 2025). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
PAULISSEN MichelActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of prescription glasses, lenses and sunglasses
NACE 47742Manufacture of other non-metallic mineral products NACE 23150
2 sites
Size
€743,836total assets 2025
Staff
4 FTE
Equity
€157,579
Profit
€6,887
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Structure
2025 accounts filed 59 days late1 deed in the Belgian Official Gazette
Why 54raises riskLiquidity: current ratio 1.09, cash €1,175, halvedLast filed accounts filed 59 days late; 1 of the last 3 lateSector: Retail trade (NACE 47)lowers riskFounded in 1993Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 36% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 46-27
equity 21.2% of total assets
Liquidity 32-7
short-term debt 38.5% · cash 0.2%
Profitability 36-53
return on assets 0.9%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,231 companies, NACE 47, micro)
Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024 01-2025: 2.9%● unchanged vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 2.8%▼ -0.1 percentage points vs 02-2025 04-2025: 2.8%● unchanged vs 03-2025 05-2025: 2.7%▼ -0.1 percentage points vs 04-2025 06-2025: 2.5%▼ -0.2 percentage points vs 05-2025 07-2025: 2.7%▲ +0.2 percentage points vs 06-2025 08-2025: 3.4%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -3.0 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026lowest value 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.4%▼ -0.1 percentage points vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026 10-2026: 1.9%▲ +0.8 percentage points vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.09, compared with 2.15 in 2024, below the usual 1.5; short-term debt: 38.5% and cash: 0.2% of total assets), and 78.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 37% on solvency, 29% on liquidity, 28% on profitability and 51% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.09, cash €1,175, halved
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Last filed accounts filed 59 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €157,579
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
59 days late
2024
30 days late
2023
26 days late
2022
43 days late
2021
60 days late
2020
29 days late
2019
45 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 42 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €50,388

Key points

  • Active since 1993founded 30-12-1993 32 years View
  • Total assets 20256 financial years filed €743,836 View

By topic

Financials

Financial year
2025
Total assets
€743,836
Profit
€6,887
Solvency
21.2%
Go to Financials

Timeline

Events
35
Since
1995
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €150,000
  2. 26-08-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail sale of prescription glasses, lenses and sunglassesNACE 47742
Founded
30-12-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about PAULISSEN Michel

What is the company number of PAULISSEN Michel?
0451.662.583. In Belgium the VAT number is the company number with BE in front: BE 0451.662.583.
Where is PAULISSEN Michel based?
The registered office is at Rue de Tilff 114, 4100 Seraing.Company details
What does PAULISSEN Michel do?
According to the KBO register, the main activity is retail sale of prescription glasses, lenses and sunglasses (NACE 47742).
What is the legal form of PAULISSEN Michel?
Private limited company (BV).
When was PAULISSEN Michel founded?
On 30-12-1993.
Is PAULISSEN Michel still active?
Yes, PAULISSEN Michel is an active enterprise in the KBO register.
How many employees does PAULISSEN Michel have?
On average 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PAULISSEN Michel?
€781,012 in financial year 2018, according to the filed annual accounts.
Is PAULISSEN Michel profitable?
In financial year 2025, PAULISSEN Michel made a profit of €6,887.
Where can I find the annual accounts of PAULISSEN Michel?
PAULISSEN Michel filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PAULISSEN Michel due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to PAULISSEN Michel

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure