PayBIX
The computed 12-month bankruptcy probability of PayBIX is 0.5% (very low). The 2024 annual accounts show equity of €1.11M and a net result of €-956k. Its solvency ranks better than 92% of 559 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.11M |
| Net result | €-956k |
| Staff (FTE) | 5.2 |
| Better than sector | 92% |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 89.7% | 34.8% | |
| Net result | €-956k | €15k | |
| Equity | €1.11M | €79k | |
| Gross operating margin | €-560k | €81k | |
| Staff costs | €336k | €300k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-896k |
| Net profit | €-956k |
| Cash flow | €-811k |
| Staff costs | €336k |
| Income taxes | €623 |
| Dividends | - |
| Total assets | €1.23M |
| Equity | €1.11M |
| Debt | €127k |
| of which ≤ 1y | €104k |
| of which > 1y | - |
| Working capital | €456k |
| Employees (FTE) | 5.2 |
| 2024 | |
|---|---|
| Current ratio | 5.38 |
| Quick ratio | 5.38 |
| Working capital ratio | 37.0% |
| Solvency | 89.7% |
| Debt / equity | 0.12 |
| Long-term debt ratio | - |
| Interest coverage | -2906.51 |
| Gross margin | - |
| Net margin | - |
| ROA | -77.6% |
| ROE | -86.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.23M |
| Fixed assets | 21/28 | €673k |
| Intangible fixed assets | 21 | €668k |
| Tangible fixed assets | 22/27 | €5k |
| Current assets | 29/58 | €560k |
| Amounts receivable within one year | 40/41 | €42k |
| Cash & bank | 54/58 | €512k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.23M |
| Equity | 10/15 | €1.11M |
| Contributions / capital | 10/11 | €3.02M |
| Accumulated profits (losses) | 14 | €-1.92M |
| Amounts payable | 17/49 | €127k |
| Amounts payable within one year | 42/48 | €104k |
| Trade debts payable within one year | 44 | €52k |
| Income statement | ||
| Gross operating margin | 9900 | €-560k |
| Operating result | 9901 | €-1.04M |
| Financial income | 75 | €25k |
| Financial charges | 65 | €308 |
| Result before taxes | 9903 | €-956k |
| Income taxes | 67/77 | €623 |
| Net result for the period | 9904 | €-956k |
| Result to be appropriated | 9905 | €-956k |
-
Flywheel DynamicsLegal entityManaging directorState Gazette act 26098250 (30-07-2026)Current30-07-2026 → present
-
SJONGERS BVLegal entityDirectorState Gazette act 26098250 (30-07-2026)Current30-07-2026 → present
Former directors (1)
-
HR T.O.P. bvLegal entityDirectorState Gazette act 26098250 (30-07-2026)Former- → 30-07-2026
| NACE primary | Computer programming & consultancy(62100) |
| Legal form | Public limited company(014) |
| Incorporation | 23-02-2022 |
| Status | Active |
| Postal code | 1880 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23039B0371/00Z000 | Flanders | 1,789 m² | 1 · 177 m² | 9.2 m |
| 23039B0371/00X000 | Flanders | 1,182 m² | 1 · 430 m² | 8.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-07-2026 Act object · General meeting · Officer resignation · Permanent representative
- Act object: Ontslag en Benoeming bestuurders · PAYBIX
- Publication: 30/07/2026 · PAYBIX
- Filing: 23/07/2026 · PAYBIX
- General meeting: 28/05/2026 · PAYBIX
- Officer resignation: role: bestuurder, end_date: 2026-04-30 · HR T.O.P. bv
- Permanent representative · Rudi De Roeck
- Officer appointment: role: bestuurder, start_date: 2026-05-01 · SJONGERS BV
- Permanent representative · Peter s'Jongers
- Officer appointment: role: gedelegeerd bestuurder · Flywheel Dynamics
- Permanent representative · Hans JORIS
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}25-03-2025 Bart Slaets appointed as director
- Bart Slaets, Bestuurder
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}14-12-2023 Capital increase of €116,657 to €633,317
- €516.660 → €633.317
- Inbreng in geld · Apport en numéraire
Technical details
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}14-11-2022 Capital increase of €116,660 to €516,660
- €400.000 → €516.660
- Inbreng in geld · Apport en numéraire
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PayBIX |