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PAYA HR

Active
Private limited companyfounded 2018active for 8 yearsRollegemkerkstraat(Rol) 64, 8510 Kortrijk, BelgiumKBO/BCE: BE 0704.899.988

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

PAYA HR has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153,448 and a net result of €3,780. Its solvency ranks better than 76% of 376 sector peers (NACE 78, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 22-09-2018 Normal situation
Legal form
Private limited company
Registered office
Rollegemkerkstraat(Rol) 64, 8510 Kortrijk
Activity
Employment placement agencies NACE 78100and 2 others
Establishment unit
2.280.375.572 8510 Kortrijk, since 09-10-2018
Financial year end
30 September
Peppol
Reachable since 24-11-2023

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
€54,372
Turnover
≈ €150,000
estimated
Profit
€3,780
Equity
€153,448
Total assets
€271,119
2025 accounts filed 154 days before the deadline
Filed on 27-11-2025PDF
Score breakdownlowers riskLiquidity: current ratio 6.76, cash €63,943Sector: Employment activities (NACE 78)Equity €153,448 (56.6% of total assets)Figures for financial year 2025 (filed on 27-11-2025)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in employment activities (NACE 78)
Financial strength
Strong
Solvency 82
equity 56.6% of total assets
Liquidity 79
short-term debt 4.3% · cash 23.6%
Profitability 41
return on assets 1.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,376 companies, NACE 78, micro)
Last 24 months 11-2024: 1.1%highest value 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.0%▼ -0.1 percentage points vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 0.1%▼ -0.9 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.76, above the usual 1.5. Short-term debt is 4.3% and cash 23.6% of total assets. 43.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 78, micro). It does better than 60% of them on solvency, 71% on liquidity and 28% on profitability.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 6.76, cash €63,943
NBB · annual accounts
lowers risk · Sector: Employment activities (NACE 78)
KBO
lowers risk · Equity €153,448 (56.6% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 27-11-2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-11-2025, 154 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
154 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Documents

Annual accounts at the NBB

Articles and registers

Key facts about PAYA HR

What is the company number of PAYA HR?
The company number of PAYA HR is 0704.899.988. The VAT number is the same number with BE in front: BE 0704.899.988.
Where is PAYA HR based?
The registered office is at Rollegemkerkstraat(Rol) 64, 8510 Kortrijk.Company details
What does PAYA HR do?
According to the KBO register, the main activity is employment placement agencies (NACE 78100).
What is the legal form of PAYA HR?
The legal form of PAYA HR is Private limited company (BV).
When was PAYA HR founded?
PAYA HR was founded on 22-09-2018.
Is PAYA HR still active?
Yes, PAYA HR is an active enterprise in the KBO register.
What is the turnover of PAYA HR?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €54,372 and 1,290 comparable companies of the same size. It probably lies between €93,000 and €290,000. It is a rough estimate.Financials
Is PAYA HR profitable?
In financial year 2025, PAYA HR made a profit of €3,780.
Where can I find the annual accounts of PAYA HR?
PAYA HR filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts 2025 (PDF)

Comparable companies

These companies have the same main activity as PAYA HR: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €244,000 and €412,000, founded between 2011 and 2019.

CompanyTotal assetsGross margin
PAYA HR Kortrijk€271,119€54,372
Hercules HR Zonnebeke€412,040€62,485
Chelona Putte€244,303€108,309
Alliance Consulting Antwerpen€308,347€89,051
Magnit Global Belgium Mechelen€311,246€18,700
JOYCE VAN CAEYZEELE Beveren-Kruibeke-Zwijndrecht€349,503€80,367
Plaatselijk WijkWerk Agentschap Geraardsbergen€263,077€41,771
Full comparison

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