PAZAPAT'
ActivePAZAPAT' has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166k and a net result of €22k. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 81% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-19
Solvency96▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 5.47 against 5.8 in 2024; short-term debt: 14% and cash: 35.8% of total assets), and 28.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
71.1%
Return on assets
9.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 7 filingsDeviation from the deadline
2025
21 d late
2024
7 d late
2023
29 d late
2022
3 d early
2021
30 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€166k▲ 15.1%
2024 · €144k
2019: €10k
2020: €39k
2021: €61k
2022: €90k
2023: €104k
2024: €144k
2019 → 2025
Total assets
€233k▲ 34.4%
2024 · €173k
2019: €72k
2020: €92k
2021: €124k
2022: €148k
2023: €149k
2024: €173k
2019 → 2025
Net result
€22k▼ 47.5%
2024 · €41k
2019: €-10k
2020: €29k
2021: €22k
2022: €29k
2023: €14k
2024: €41k
2019 → 2025
Working capital
€146k▲ 10.6%
2024 · €132k
2019: €36k
2020: €55k
2021: €64k
2022: €83k
2023: €90k
2024: €132k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€90k▲ 47.2%€104k▲ 15.9%€144k▲ 38.5%€166k▲ 15.1%
Operating result€33k-€44k▲ 31.9%€23k▼ 48.4%€59k▲ 163%€33k▼ 43.5%
Net result€22k-€29k▲ 30.8%€14k▼ 50.3%€41k▲ 191%€22k▼ 47.5%
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 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €233k
Fixed assets
€54k▲ 291%
Current assets
€179k▲ 12.1%
Equity and liabilities €233k
Equity
€166k▲ 15.1%
Debt
€67k▲ 128%
The debt ratio rises from 17.0% to 28.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▼
2024 · €65k
Cash flow
€34k▼
2024 · €47k
Solvency
71.1%▼
2024 · 83.0%
Current ratio
5.47▼
2024 · 5.80
Quick ratio
2.86▲
2024 · 2.79
Debt / equity
0.41▲
2024 · 0.21
ROE
13.1%▼
2024 · 28.9%
ROA
9.3%▼
2024 · 23.9%
Interest coverage
10.58▼
2024 · 19.49
Debt
€67k▲
2024 · €29k
Debt ≤ 1 year
€33k▲
2024 · €27k
Debt > 1 year
€35k▲
2024 · €2k
Income taxes
€7k▼
2024 · €15k
Staff costs
€92k▲
2024 · €78k
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€173k€233k▲
Fixed assets21/28€14k€54k▲
Tangible fixed assets22/27€12k€52k▲
Land and buildings22€6k€24k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€6k€26k▲
Financial fixed assets28€2k€2k=
Current assets29/58€159k€179k▲
Stocks and contracts in progress3€83k€85k▲
Stocks30/36€83k€85k▲
Amounts receivable within one year40/41€11k€7k▼
Trade receivables40€4k€681▼
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€62k€83k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€173k€233k▲
Equity10/15€144k€166k▲
Contributions10/11€20k€20k=
Reserves13€83k€83k=
Distributable reserves133€83k€83k=
Profit (loss) carried forward14€40k€62k▲
Amounts payable17/49€29k€67k▲
Amounts payable after more than one year17€2k€35k▲
Financial debts170/4€2k€35k▲
Amounts payable within one year42/48€27k€33k▲
Current portion of amounts payable after more than one year42€5k€13k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€17k€19k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€15k€16k▲
Other amounts payable47/48€2k€158▼
Income statement
Code20242025
Remuneration, social security and pensions62€78k€92k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€12k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€146k€141k▼
Operating profit (loss)9901€59k€33k▼
Financial income75/76B€69€26▼
Recurring financial income75€69€26▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€56k€29k▼
Income taxes67/77€15k€7k▼
Profit (loss) for the period9904€41k€22k▼
Profit (loss) for the period to be appropriated9905€41k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€62k▲
Profit (loss) brought forward from the previous period14P€360€40k▲
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Equity above €150kEq €166k ▲15.1%
6 profitable years in a row build equity to €166k.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
31-12
Financial
Highest result since 2019net €41k ▲191%
Operating result €59k, net result €41k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €100kEq €104k ▲15.9%
4 profitable years in a row build equity to €104k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tintigny · 1 establishment unit since 2019
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.
Grand-Rue,Tintigny 946730 TintignyGround area
320 m²
Building footprint
316 m²
Parcel 85039B0300/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
PAZAPAT'
since 20192.285.180.636
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85039B0300/00B000 | Wallonia | 320 m² | 1 · 316 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTintigny2.285.180.636
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Of 1,330 companies in sector 47762 we hold annual accounts for 479. 381 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2019
Fiscal year end31-12
Activities, NACEBEL
47762Retail sale of pets, pet food and pet supplies
96993Pet care services, excluding veterinary services
46382Wholesale trade
47120Other non-specialised retail sale
47910Retail trade
85510Sports and recreation education
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:frederique.fluzin@gmail.com
Phone:+32472402994
Phone:-