PAZAR
ActiveSummary
The computed 12-month bankruptcy probability of PAZAR is 3.8% (moderate). The 2026 annual accounts show negative equity (€-35k). Equity is growing by ~7.8% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2025
Profitability-
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2026Age of the figures
Age of the figures
6 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-08-2026, 62 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2026
62 d early
2025
300 d late
2024
62 d early
2023
on the day
2022
22 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€-35k=
2025 · €-35k
2022: €-55klowest in 5 years
2023: €-38k▲ +29.6% vs 2022
2024: €-35k▲ +9.7% vs 2023highest in 5 years
2025: €-35k▼ -0.8% vs 2024
2026: €-35k● -0.0% vs 2025
2022 → 2026
Total assets
€5k=
2025 · €5k
2022: €18k
2023: €57k▲ +214% vs 2022highest in 5 years
2024: €7k▼ -87.1% vs 2023
2025: €5k▼ -36.4% vs 2024lowest in 5 years
2026: €5k● 0.0% vs 2025lowest in 5 years
2022 → 2026
Net result
€-280
2024 · €4k
2022: €-34klowest in 4 years
2023: €16k▲ +147% vs 2022highest in 4 years
2024: €4k▼ -77.0% vs 2023
2025: €-280▼ -108% vs 2024
2022 → 2025
Working capital
€2k=
2025 · €2k
2022: €467lowest in 5 years
2023: €38k▲ +8001% vs 2022highest in 5 years
2024: €5k▼ -86.8% vs 2023
2025: €2k▼ -52.4% vs 2024
2026: €2k● 0.0% vs 2025
2022 → 2026
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€-55k-€-38k▲ 29.6%€-35k▲ 9.7%€-35k▼ 0.8%€-35k=
2022: €-55klowest in 5 years
2023: €-38k▲ +29.6% vs 2022
2024: €-35k▲ +9.7% vs 2023highest in 5 years
2025: €-35k▼ -0.8% vs 2024
2026: €-35k● -0.0% vs 2025
Operating result€-34k-€21k€-1k
2022: €-34klowest in 3 years
2023: €21k▲ +162% vs 2022highest in 3 years
2024: €-1k▼ -106% vs 2023
Net result€-34k-€16k€4k▼ 77.0%€-280
2022: €-34klowest in 4 years
2023: €16k▲ +147% vs 2022highest in 4 years
2024: €4k▼ -77.0% vs 2023
2025: €-280▼ -108% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1k after €21k in 2023.
Key figures and ratios
Debt
€40k=
2025 · €40k
Debt ≤ 1 year
€2k=
2025 · €2k
Debt > 1 year
€37k=
2025 · €37k
Ratios withheld: a balance sheet total of €5k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 23 lines
Balance sheet
Code20252026
Assets
Total assets20/58€5k€5k=
Current assets29/58€5k€5k=
Amounts receivable within one year40/41€4k€4k=
Other amounts receivable41€4k€4k=
Cash at bank and in hand54/58€230€230=
Equity and liabilities
Total equity and liabilities10/49€5k€5k=
Equity10/15€-35k€-35k=
Contributions10/11€100€100=
Profit (loss) carried forward14€-35k€-35k=
Amounts payable17/49€40k€40k=
Amounts payable after more than one year17€37k€37k=
Financial debts170/4€37k€37k=
Amounts payable within one year42/48€2k€2k=
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Remuneration and social security454/9€554€554=
Income statement
Code20252026
Financial charges65/66B€280-
Recurring financial charges65€280-
Profit (loss) for the period before taxes9903€-280-
Profit (loss) for the period9904€-280-
Profit (loss) for the period to be appropriated9905€-280-
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-35k=
Profit (loss) brought forward from the previous period14P€-35k€-35k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €3k | €767 | - | - | - | - |
| Gross operating margin9900 | €-31k | €22k | €-1k | - | - | - |
| Operating profit (loss)9901 | €-34k | €21k | €-1k | - | - | - |
| Financial charges65/66B | €47 | €69 | €51 | €280 | - | - |
| Recurring financial charges65 | €47 | €69 | €51 | €280 | - | - |
| Profit (loss) for the period before taxes9903 | €-34k | €21k | €-1k | €-280 | - | - |
| Income taxes67/77 | - | €5k | €-5k | - | - | - |
| Profit (loss) for the period9904 | €-34k | €16k | €4k | €-280 | - | - |
| Profit (loss) for the period to be appropriated9905 | €-34k | €16k | €4k | €-280 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18k | €57k | €7k | €5k | €5k | = |
| Current assets29/58 | €18k | €57k | €7k | €5k | €5k | = |
| Amounts receivable within one year40/41 | €7k | €7k | €7k | €4k | €4k | = |
| Other amounts receivable41 | €7k | €7k | €7k | €4k | €4k | = |
| Cash at bank and in hand54/58 | €11k | €50k | €259 | €230 | €230 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18k | €57k | €7k | €5k | €5k | = |
| Equity10/15 | €-55k | €-38k | €-35k | €-35k | €-35k | = |
| Contributions10/11 | €100 | €100 | €100 | €100 | €100 | = |
| Profit (loss) carried forward14 | €-55k | €-38k | €-35k | €-35k | €-35k | = |
| Amounts payable17/49 | €73k | €96k | €42k | €40k | €40k | = |
| Amounts payable after more than one year17 | €55k | €76k | €40k | €37k | €37k | = |
| Financial debts170/4 | €55k | €76k | €40k | €37k | €37k | = |
| Amounts payable within one year42/48 | €18k | €20k | €2k | €2k | €2k | = |
| Trade debts44 | €2k | - | €72 | - | - | - |
| Suppliers440/4 | €2k | - | €72 | - | - | - |
| Taxes, remuneration and social security45 | €16k | €20k | €2k | €2k | €2k | = |
| Taxes450/3 | €2k | €7k | €2k | €2k | €2k | = |
| Remuneration and social security454/9 | €14k | €13k | €553 | €554 | €554 | = |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-34k | €16k | €4k | €-280 | - | - |
| Operating cash flow (approximation) | €-34k | €16k | €4k | €-280 | - | - |
| Change in cash | - | €40k | €-50k | €-29 | €0 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 300 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-03
Financial
Liquidity triplescurrent ratio 2.93
Current ratio from 1.03 to 2.93.
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Schaarbeek · 1 establishment unit since 2018
Ground area
12.2 ha
Building footprint
7,460 m²
Volume, LiDAR
84,250 m³
2 parcels, Brussels · tallest building 25.1 m, ±7 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
PAZAR
since 20182.278.147.245
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813E0110/00G002 | Brussels | 12.0 ha | 1 · 6,817 m² | 11.7 m · 3 fl. |
| 21904B0384/00M000 | Brussels | 1,988 m² | 1 · 643 m² | 25.1 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded04-07-2018
Fiscal year end31-03
Scores and ratios are computed by Checked and are not a credit decision.