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PAYROLL ADVICE

Active
Private limited companyfounded 20232 yrs activePresident Kennedypark(Kor) 7D, 8500 Kortrijk, BelgiumKBO/BCE: BE 1003.698.293
Summary

PAYROLL ADVICE has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,449 and a net result of €79,111. Its solvency ranks better than 72% of 7997 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency98▲+24
Growth78
Track record82
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.35 against 1.94 in 2024; short-term debt: 26.1% and cash: 51% of total assets), and 27% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · 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
73%
Return on assets
58.1%
Age of the figures
9 mo
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 20-05-2026, 72 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
72 d early
2024
115 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 94 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · 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
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

PAYROLL ADVICE was incorporated on 20 December 2023 as a Private limited company.1 The registered office was moved to Kortrijk in 2026.2 Since 2025, PAYA HR has served as director of the company.2

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 24-03-2026

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Financials · fiscal year 2025, micro schema

Equity
€99,449▲ 389%
2024 · €20,339
Total assets
€136,168▲ 231%
2024 · €41,196
Net result
€79,111▲ 289%
2024 · €20,339
Working capital
€47,774▲ 145%
2024 · €19,464
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€25,916-€98,358▲ 280%
Net result€20,339within the sector's middle half-€79,111above the sector's middle half▲ 289%
Equity€20,339below the sector's middle half-€99,449within the sector's middle half▲ 389%
Total assets€41,196below the sector's middle half-€136,168within the sector's middle half▲ 231%
Debt€20,857-€36,719▲ 76.0%
Working capital€19,464within the sector's middle half-€47,774within the sector's middle half▲ 145%
Solvency49.4%within the sector's middle half-73.0%within the sector's middle half▲ 23.7pp
Current ratio1.94within the sector's middle half-2.35within the sector's middle half▲ 0.41
Return on assets (ROA)49.4%above the sector's middle half-58.1%above the sector's middle half▲ 8.7pp
Staff (FTE)0.6within the sector's middle half-
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2024: €25,916€25,916Net result 2024: €20,339€20,339Operating result 2025: €98,358€98,358Net result 2025: €79,111€79,11120242025€0€25,000€50,000€75,000€100,000Operating result 2024: €25,916€25,900Net result 2024: €20,339€20,300Operating result 2025: €98,358€98,400Net result 2025: €79,111€79,10020242025
The operating result rises in 2025; 2025 is 280% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136,168
Fixed assets €52,919 ▲ 4,941%
Current assets €83,249 ▲ 107%
Equity and liabilities €136,168
Equity €99,449 ▲ 389%
Debt €36,719 ▲ 76.0%
Debt's share of the balance-sheet total falls from 50.6% to 27.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€99,613▲
2024 · €26,389
Cash flow
€80,366▲
2024 · €20,812
Debt to equity
0.37▼
2024 · 1.03
ROE
79.5%▼
2024 · 100.0%
Interest coverage
2462.02▲
2024 · 730.38
Debt ≤ 1 year
€35,475▲
2024 · €20,682
Income taxes
€19,368▲
2024 · €5,553
Staff costs
€45,687▲
2024 · €23,761
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€41,196€136,168▲
Fixed assets21/28€1,050€52,919▲
Tangible fixed assets22/27€1,050€52,919▲
Furniture and vehicles24€1,050€542▼
Other tangible fixed assets26-€52,377
Current assets29/58€40,146€83,249▲
Amounts receivable within one year40/41€5,923€13,323▲
Trade receivables40€5,923€8,943▲
Other amounts receivable41-€4,380
Cash at bank and in hand54/58€31,620€69,416▲
Deferred charges and accrued income490/1€2,604€510▼
Equity and liabilities
Total equity and liabilities10/49€41,196€136,168▲
Equity10/15€20,339€99,449▲
Reserves13€20,339€99,449▲
Distributable reserves133€20,339€99,449▲
Amounts payable17/49€20,857€36,719▲
Amounts payable within one year42/48€20,682€35,475▲
Trade debts44€4,073€8,479▲
Suppliers440/4€4,073€8,479▲
Taxes, remuneration and social security45€16,609€26,983▲
Taxes450/3€11,499€20,378▲
Remuneration and social security454/9€5,110€6,606▲
Other amounts payable47/48-€12
Accrued charges and deferred income492/3€175€1,244▲
Income statement Code20242025
Remuneration, social security and pensions62€23,761€45,687▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€473€1,255▲
Other operating charges640/8€563€539▼
Gross operating margin9900€50,713€145,840▲
Operating profit (loss)9901€25,916€98,358▲
Financial income75/76B€12€160▲
Recurring financial income75€12€160▲
Financial charges65/66B€36€40▲
Recurring financial charges65€36€40▲
Profit (loss) for the period before taxes9903€25,892€98,478▲
Income taxes67/77€5,553€19,368▲
Profit (loss) for the period9904€20,339€79,111▲
Profit (loss) for the period to be appropriated9905€20,339€79,111▲
Appropriation of the result
Profit (loss) to be appropriated9906€20,339€79,111▲
Transfer to equity691/2€20,339€79,111▲
To other reserves6921€20,339€79,111▲
Social balance
Average headcount (FTE)90870.6-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€23,761€45,687▲ 92.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€473€1,255▲ 165%
Other operating charges640/8€563€539▼ 4.3%
Gross operating margin9900€50,713€145,840▲ 188%
Operating profit (loss)9901€25,916€98,358▲ 280%
Financial income75/76B€12€160▲ 1,239%
Recurring financial income75€12€160▲ 1,239%
Financial charges65/66B€36€40▲ 12.0%
Recurring financial charges65€36€40▲ 12.0%
Profit (loss) for the period before taxes9903€25,892€98,478▲ 280%
Income taxes67/77€5,553€19,368▲ 249%
Profit (loss) for the period9904€20,339€79,111▲ 289%
Profit (loss) for the period to be appropriated9905€20,339€79,111▲ 289%
Line20242025Change
Assets
Total assets20/58€41,196€136,168▲ 231%
Fixed assets21/28€1,050€52,919▲ 4,941%
Tangible fixed assets22/27€1,050€52,919▲ 4,941%
Furniture and vehicles24€1,050€542▼ 48.3%
Other tangible fixed assets26-€52,377-
Current assets29/58€40,146€83,249▲ 107%
Amounts receivable within one year40/41€5,923€13,323▲ 125%
Trade receivables40€5,923€8,943▲ 51.0%
Other amounts receivable41-€4,380-
Cash at bank and in hand54/58€31,620€69,416▲ 120%
Deferred charges and accrued income490/1€2,604€510▼ 80.4%
Equity and liabilities
Total equity and liabilities10/49€41,196€136,168▲ 231%
Equity10/15€20,339€99,449▲ 389%
Reserves13€20,339€99,449▲ 389%
Distributable reserves133€20,339€99,449▲ 389%
Amounts payable17/49€20,857€36,719▲ 76.0%
Amounts payable within one year42/48€20,682€35,475▲ 71.5%
Trade debts44€4,073€8,479▲ 108%
Suppliers440/4€4,073€8,479▲ 108%
Taxes, remuneration and social security45€16,609€26,983▲ 62.5%
Taxes450/3€11,499€20,378▲ 77.2%
Remuneration and social security454/9€5,110€6,606▲ 29.3%
Other amounts payable47/48-€12-
Accrued charges and deferred income492/3€175€1,244▲ 611%
Line20242025Change
Profit (loss) for the period9904€20,339€79,111▲ 289%
+ Depreciation and write-downs630€473€1,255▲ 165%
Operating cash flow (approximation)€20,812€80,366▲ 286%
Investment in fixed assets (approximation)--€53,124-
Change in cash-€37,796-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
24-03
State Gazette act Resignation: Jana Roobroek (director)
Appointment: PAYA HR (director) · Permanent representative: Jana Roobroek · Registered-office move5 facts ▸
  • General meeting, 25/11/2025
  • Director resignation, Jana Roobroek (director)
  • Director appointment, PAYA HR (director)
  • Permanent representative, Jana Roobroek
  • Registered-office move, President Kennedypark 7D, 8500 Kortrijk
2025
07-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2025

Board 1

PAYA HR
Director · since 25-11-2025 · Private limited company · perm. rep.: Jana Roobroek
Current

Permanent representatives 1

Jana Roobroek
Permanent representative · since 25-11-2025 · for PAYA HR
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
1,637 m²
Volume, LiDAR
10,584 m³
Parcel 34354D0147/00E000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PAYROLL ADVICE
President Kennedypark(Kor) 7, 8500 KortrijkIT consultancy
since 20232.354.158.128
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34354D0147/00E000 Flanders 1.6 ha 1 · 1,637 m² 7.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

2 people since 2025, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
PAYA HR
  • Director, from 25-11-2025 to date
Jana ROOBROEK
  • Director, until 25-11-2025
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Of 11,204 companies in this sector we hold annual accounts for 3,517. 2,616 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded20-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63920Other information service activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003698293
Also 9925:BE1003698293
Registered 24-11-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.