PAYNOVATE GROUP
The computed 12-month bankruptcy probability of PAYNOVATE GROUP is 0.7% (low). The 2024 annual accounts show equity of €62k and a net result of €9k. Its solvency ranks better than 57% of 976 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €62k |
| Net result | €9k |
| Better than sector | 57% |
| Active | 2 yrs |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 47.6% | 39.7% | |
| Net result | €9k | €32k | |
| Equity | €62k | €152k | |
| Total assets | €130k | €749k |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €35k |
| EBITDA | €11k |
| Net profit | €9k |
| Cash flow | €9k |
| Staff costs | - |
| Income taxes | €2k |
| Dividends | €8k |
| Total assets | €130k |
| Equity | €62k |
| Debt | €68k |
| of which ≤ 1y | €68k |
| of which > 1y | - |
| Working capital | €-2k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.98 |
| Quick ratio | 0.98 |
| Working capital ratio | -1.2% |
| Solvency | 47.6% |
| Debt / equity | 1.10 |
| Long-term debt ratio | - |
| Interest coverage | 1508.22 |
| Gross margin | - |
| Net margin | 24.3% |
| ROA | 6.5% |
| ROE | 13.7% |
| EBITDA margin | 32.3% |
| Days sales outstanding | 365d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €130k |
| Fixed assets | 21/28 | €62k |
| Formation expenses | 20 | €2k |
| Financial fixed assets | 28 | €62k |
| Current assets | 29/58 | €67k |
| Amounts receivable within one year | 40/41 | €35k |
| Cash & bank | 54/58 | €32k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €130k |
| Equity | 10/15 | €62k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €425 |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €68k |
| Amounts payable within one year | 42/48 | €68k |
| Trade debts payable within one year | 44 | €22k |
| Income statement | ||
| Turnover | 70 | €35k |
| Operating result | 9901 | €11k |
| Financial charges | 65 | €182 |
| Result before taxes | 9903 | €11k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
| NACE primary | Activiteiten van hoofdkantoren(70100) |
| Legal form | Public limited company(014) |
| Incorporation | 02-01-2024 |
| Status | Active |
| Postal code | 1000 |
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. |
|---|---|---|---|---|
| 21804D0900/00E002 | Brussels | 6,828 m² | 1 · 7,874 m² | 44.7 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-12-2024 Discharge granted to the board
Technical details
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}| Legal nameFR | PAYNOVATE GROUP |