PAZZI
ActiveThe computed 12-month bankruptcy probability of PAZZI is 2.5% (moderate). The 2024 annual accounts show equity of €11k and a net result of €4k. Equity is growing by ~64.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-8
Solvency52▲+5
Growth78=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.0 in 2023; short-term debt: 54.9% and cash: 0.8% of total assets), and 73.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 →
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 2024Solvency, return and age of the figures
Solvency
26.9%
Return on assets
9.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
42 d late
2022
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€11k▲ 56.9%
2023 · €7k
2022: €2k
2023: €7k
2022 → 2024
Total assets
€42k▲ 30.7%
2023 · €32k
2022: €37k
2023: €32k
2022 → 2024
Net result
€4k▼ 21.1%
2023 · €5k
2022: €-4k
2023: €5k
2022 → 2024
Working capital
€3k
2023 · €-24
2022: €-9k
2023: €-24
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€2k-€7k▲ 258%€11k▲ 56.9%
Operating result€-3k-€8k€6k▼ 22.7%
Net result€-4k-€5k€4k▼ 21.1%
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 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €42k
Fixed assets
€16k▲ 103%
Current assets
€26k▲ 6.5%
Equity and liabilities €42k
Equity
€11k▲ 56.9%
Debt
€31k▲ 23.2%
The debt ratio falls from 77.6% to 73.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2023 · €11k
Cash flow
€11k▲
2023 · €8k
Solvency
26.9%▲
2023 · 22.4%
Current ratio
1.11▲
2023 · 1.00
Quick ratio
0.99▲
2023 · 0.48
Debt / equity
2.72▼
2023 · 3.46
ROE
36.2%▼
2023 · 72.0%
ROA
9.7%▼
2023 · 16.1%
Interest coverage
14.98▲
2023 · 8.74
Debt
€31k▲
2023 · €25k
Debt ≤ 1 year
€23k▼
2023 · €24k
Debt > 1 year
€6k
Income taxes
€1k▼
2023 · €2k
Staff costs
€906▼
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€32k€42k▲
Fixed assets21/28€8k€16k▲
Tangible fixed assets22/27€8k€16k▲
Plant, machinery and equipment23-€333
Furniture and vehicles24€8k€16k▲
Current assets29/58€24k€26k▲
Stocks and contracts in progress3€13k€3k▼
Stocks30/36€13k€3k▼
Amounts receivable within one year40/41€5k€23k▲
Trade receivables40€5k€23k▲
Other amounts receivable41€10€10=
Cash at bank and in hand54/58€7k€322▼
Deferred charges and accrued income490/1-€119
Equity and liabilities
Total equity and liabilities10/49€32k€42k▲
Equity10/15€7k€11k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€1k€5k▲
Amounts payable17/49€25k€31k▲
Amounts payable after more than one year17-€6k
Financial debts170/4-€6k
Amounts payable within one year42/48€24k€23k▼
Current portion of amounts payable after more than one year42-€5k
Trade debts44€3k€3k=
Suppliers440/4€3k€3k=
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9€28-
Other amounts payable47/48€20k€12k▼
Accrued charges and deferred income492/3€825€1k▲
Income statement
Code20232024
Remuneration, social security and pensions62€3k€906▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€7k▲
Other operating charges640/8€521€3k▲
Gross operating margin9900€15k€17k▲
Operating profit (loss)9901€8k€6k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1k€897▼
Recurring financial charges65€1k€897▼
Profit (loss) for the period before taxes9903€7k€5k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€5k▲
Profit (loss) brought forward from the previous period14P€-4k€1k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Ans · 1 establishment unit since 2022
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 des Ponts 894430 AnsGround area
41 m²
Building footprint
41 m²
Volume, LiDAR
332 m³
Parcel 62332B0029/00L009, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PAZZI
since 20222.325.866.592
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62332B0029/00L009 | Wallonia | 41 m² | 1 · 41 m² | 9.9 m · 3 fl. |
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 siteAns2.325.866.592
Similar companies · same sector, comparable size
KHAEL
BE 0462.718.902
Sint-Jans-Molenbeek · Eq €11k
JEMEPPE MARKET
BE 0788.493.006
Tongeren-Borgloon · Eq €11k
PAVIARIS
BE 0654.915.393
Braine-l'Alleud · Eq €11k
AT TRADE
BE 0720.556.679
Brussel · Eq €11k
BABA & A.
BE 0538.728.496
Péruwelz · Eq €11k
Of 10,524 companies in sector 47110 we hold annual accounts for 5,859. 3,610 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2021
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47251Retail sale of wines and spirits
47639Retail sale of other sporting goods
47640Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.