Equity
€68,022 ▼ 28.8%
PAYFIN paid out €34,024 in dividends. That is 522% of the 2025 profit.
PAYFIN
Lifetime
6 annual accounts with figures on one time axispeak €84,754 (2023)
€6,714▼ 87.2%
peak €64,013 (2023)
€6,524▼ 82.1%
peak €169,114 (2022)
€68,022▼ 28.8%
€9,143▼ 91.5%
Board1 name since 2019
1 directorGillain Luc
Documentsfilings and deeds
19-03-2026134 days before the deadline
2025micro format
Gross margin from €52,652 to €6,714Result from €36,495 to €6,524Dividend €34,024Equity from €95,522 to €68,022Debts from €107,233 to €9,143Cash from €132,012 to €19,394
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 56% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
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 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 8.25, cash €19,394, halved
Equity €68,022 (88.2% of total assets)
Figures for financial year 2025 (filed on 26-03-2026)
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 70, micro). It does better than 86% of them on solvency, 72% on liquidity, 46% on profitability and 19% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as PAYFIN has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PAYFIN itself is lower: < 0.1% within 12 months. It rests on far more data about PAYFIN than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for PAYFIN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.25 (1.88 in 2024), above the usual 1.5. Short-term debt is 11.8% and cash 25.1% of total assets. 11.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-03-2026, 134 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
134 days early
2024
4 days late
2023
2 days late
2022
21 days early
2021
16 days late
2020
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 19 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 3 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- GILLAIN Luc founderdeed of 28-05-2019
- GILLAIN Alain founderdeed of 28-05-2019
- DELAERE Josette founderdeed of 28-05-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0727489310
Incorporation
Founders: GILLAIN Luc, GILLAIN Alain and DELAERE Josette · Founding capital of €50,000, 120 shares, €26,000 paid up · Appointment: GILLAIN Luc (director) · published on 28-05-2019 · Gazette deed
First establishment
Bosstraat 146, Woluwe-Saint-Pierre
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PAYFIN Woluwe-Saint-Pierre | €77,165 | €6,714 | 88.2% | - |
| NEPTUNE & VORST SERVICES Woluwe-Saint-Pierre | €83,284 | €5,382 | 80.2% | - |
| FLAMME AERO Evere | €91,230 | €6,907 | 39.2% | - |
| COMPANY TOOLBOX Jette | €67,323 | €7,132 | 90.8% | - |
| NOIRAM Brussels | €80,270 | €5,514 | -7.3% | - |
| Transition Move Schaerbeek | €80,949 | €7,734 | 97.0% | - |
| HAUMIRI Silly | €75,722 | €6,183 | 80.1% | - |
These companies have the same main activity as PAYFIN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €67,300 and €91,200, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 24-05-2019Normal situation
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Establishment unit
- 2.289.540.4881150 Woluwe-Saint-Pierre, since 24-05-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 12-11-2025
Annual accounts 2025
- ≈ €31,000estimated
- €77,165▼ 61.9%
- Employeeson 31-12-2025
- 0
- Filing
- Filed on 19-03-2026, 134 days before the end of the filing period
Insights on PAYFIN
PAYFIN files the micro format. That format states no turnover. The gross margin fell from €52,651 in 2020 to €6,714 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PAYFIN
- What is the company number of PAYFIN?
- The company number of PAYFIN is 0727.489.310. The VAT number is the same number with BE in front: BE 0727.489.310.
- Where is PAYFIN based?
- The registered office is at Bosstraat 146, 1150 Woluwe-Saint-Pierre.Company details
- What does PAYFIN do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of PAYFIN?
- PAYFIN is a private limited company (BV).
- When was PAYFIN founded?
- PAYFIN was founded on 24-05-2019.
- Is PAYFIN still active?
- Yes, PAYFIN is an active enterprise in the KBO register.
- What is the turnover of PAYFIN?
- The turnover in financial year 2025 is ≈ €31,000. This figure is estimated from the gross margin of €6,714 and 205 comparable companies (NACE 70200). It probably lies between €15,000 and €62,000. It is a rough estimate.Financials
- Is PAYFIN profitable?
- In financial year 2025, PAYFIN made a profit of €6,524.
- Where can I find the annual accounts of PAYFIN?
- PAYFIN filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PAYFIN due?
- PAYFIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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