paypuce

Active

Private limited companyfounded 200818 yrs activeRue Louis Jasmes 75, 6043 Charleroi, BelgiumKBO/BCE: BE 0898.198.026

paypuce has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €6k. Its solvency ranks better than 13% of 16906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2025

48 / 100

Fair▼ -20 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability74▼-26

Solvency12▼-7

Growth52

Stability100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity short (current ratio 0.82 against 1.05 in 2024), and 92.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 62

Relative position

BE, all sectors

reference

Sector 62

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

7.4%

Return on assets

1.1%

Age of the figures

8 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 16906 sector peers (2025).

NBB · sector comparison

Position among 16906 sector peers

Solvency

better than 13%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 4 filings

Deviation from the deadline

2025

31 d late

2024

29 d late

2012

8 d late

2010

29 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

12-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€39k▲ 17.5%

2024 · €33k

2024: €33k

2024 → 2025

Total assets

€522k▲ 67.8%

2024 · €311k

2024: €311k

2024 → 2025

Net result

€6k▼ 78.7%

2024 · €27k

2024: €27k

2024 → 2025

Working capital

€-85k

2024 · €14k

2024: €14k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€33k-€39k▲ 17.5%

Operating result€38k-€7k▼ 80.8%

Net result€27k-€6k▼ 78.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 81% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €522k

23.7%

76.3%

Fixed assets €124k▲ 564%

Current assets €398k▲ 36.2%

Equity and liabilities €522k

92.6%

Equity €39k▲ 17.5%

Debt €483k▲ 73.8%

The debt ratio rises from 89.4% to 92.6%: debt grows faster than equity.

Key figures and ratios

2025 value · change against 2024

EBITDA

€13k▼

2024 · €46k

Cash flow

€12k▼

2024 · €35k

Solvency

7.4%▼

2024 · 10.6%

Current ratio

0.82▼

2024 · 1.05

Quick ratio

0.82▼

2024 · 1.04

Debt / equity

12.49▲

2024 · 8.44

ROE

14.9%▼

2024 · 82.2%

ROA

1.1%▼

2024 · 8.7%

Interest coverage

10.79▼

2024 · 22.55

Debt

€483k▲

2024 · €278k

Debt ≤ 1 year

€483k▲

2024 · €278k

Income taxes

€372▼

2024 · €9k

Staff costs

€335k▲

2024 · €212k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€311k€522k▲

Fixed assets21/28€19k€124k▲

Intangible fixed assets21€358-

Tangible fixed assets22/27€16k€121k▲

Plant, machinery and equipment23€2k€29k▲

Furniture and vehicles24€8k€7k▼

Other tangible fixed assets26€6k€4k▼

Assets under construction and advance payments27-€81k

Financial fixed assets28€3k€3k=

Current assets29/58€292k€398k▲

Stocks and contracts in progress3€3k€4k▲

Stocks30/36€3k€4k▲

Amounts receivable within one year40/41€207k€318k▲

Trade receivables40€157k€255k▲

Other amounts receivable41€50k€63k▲

Current investments50/53€13k€20k▲

Cash at bank and in hand54/58€60k€41k▼

Deferred charges and accrued income490/1€10k€15k▲

Equity and liabilities

Total equity and liabilities10/49€311k€522k▲

Equity10/15€33k€39k▲

Contributions10/11€1k€1k=

Reserves13€100€100=

Non-distributable reserves130/1€100€100=

Reserves not available under the articles1311€100€100=

Profit (loss) carried forward14€32k€38k▲

Amounts payable17/49€278k€483k▲

Amounts payable within one year42/48€278k€483k▲

Trade debts44€160k€250k▲

Suppliers440/4€160k€250k▲

Taxes, remuneration and social security45€45k€86k▲

Taxes450/3€18k€18k▼

Remuneration and social security454/9€26k€69k▲

Other amounts payable47/48€73k€148k▲

Income statement Code20242025

Remuneration, social security and pensions62€212k€335k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼

Other operating charges640/8€3k€2k▼

Gross operating margin9900€260k€350k▲

Operating profit (loss)9901€38k€7k▼

Financial income75/76B€640€113▼

Recurring financial income75€640€113▼

Financial charges65/66B€2k€1k▼

Recurring financial charges65€2k€1k▼

Profit (loss) for the period before taxes9903€36k€6k▼

Income taxes67/77€9k€372▼

Profit (loss) for the period9904€27k€6k▼

Profit (loss) for the period to be appropriated9905€27k€6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€70k€38k▼

Profit (loss) brought forward from the previous period14P€43k€32k▼

Profit to be distributed694/7€38k-

Return on contributions (dividend)694€38k-

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2013

08-08

NBB filing Annual accounts filed

fiscal year 2012 · full schema · 8 days late

2011

29-08

NBB filing Annual accounts filed

fiscal year 2010 · full schema · 29 days late

NBB filing

Directors · office · real estate

Directors

no sitting director, no change since 2024

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

22-10-2024 Resigned as Managing director

Location & real-estate footprint

Registered office, Charleroi · 1 establishment unit since 2014

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Louis Jasmes 756043 Charleroi

Ground area

1,078 m²

Building footprint

79 m²

Volume, LiDAR

361 m³