Losses
-€27,426 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
PETER PAULISSEN
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €91,299 (2016)
€4,819▼ 85.5%
lowest -€29,869 (2019)
-€27,115▼ €26,803
peak €116,224 (2023)
€88,788▼ 23.4%
€211,442▼ 9.0%
Board1 name since 2021
1 directorPAULISSEN Peter Emiel
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Gross margin from €33,283 to €4,819Loss of €27,115Equity from €115,903 to €88,788
Key points
from the 2025 annual accountsDebts
€211,442 70% of the balance sheet
Financial debts 89%Suppliers 1%Taxes and wages 4%Other 6%
Of this, €23,215 falls due within a year.
Position in the sector
-€27,115
Lower net result than 95% of companies in personal services. Sector median €2,798 · 5,761 companies.
Checked score
64
Healthy
Financially stronger than 37% of micro companies in personal services (NACE 96)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.6%▼ -0.1 percentage points vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025lowest value
07-2025: 0.8%▲ +0.2 percentage points vs 06-2025
08-2025: 1.2%▲ +0.4 percentage points vs 07-2025
09-2025: 0.9%▼ -0.3 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 2.0%▲ +1.1 percentage points vs 02-2026
04-2026: 2.0%● unchanged vs 03-2026
05-2026: 2.2%▲ +0.2 percentage points vs 04-2026highest value
06-2026: 2.1%▼ -0.1 percentage points vs 05-2026
07-2026: 2.1%● unchanged vs 06-2026
08-2026: 1.3%▼ -0.8 percentage points vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.3%● unchanged vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Loss of €27,115, the second in a row (financial year 2025)
Liquidity: current ratio 4.87, cash €3,392
lowers risk
Founded in 2002
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 52% of them on solvency, 54% on liquidity, 20% on profitability and 21% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,450 companies had the same profile as PETER PAULISSEN has now. Each dot stands for 7 companies, two years later.
93.2%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PETER PAULISSEN itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,450 companies, not a prediction for PETER PAULISSEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.87 (4.73 in 2024), above the usual 1.5. Short-term debt is 7.7% and cash 1.1% of total assets. However, 70.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€27,115
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
26 days late
2023
29 days late
2022
31 days late
2021
31 days late
2020
31 days late
2019
122 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 36 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Maaseik
New registered office: Bosstraat 56 B, 3680 Maaseik · Previous registered office: Leeuwerikstraat 23, 3680 Maaseik · General meeting of 19-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0478801403
Change of role: PAULISSEN Peter Emiel, from manager to director
General meeting of 07-12-2023 · Gazette deed
Registered office moved to Maaseik
New registered office: Leeuwerikstraat 23, 3680 Maaseik · Previous registered office: Sleyweg 6 · General meeting of 12-10-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PETER PAULISSEN Maaseik | €300,231 | €4,819 | 29.6% | - |
| KUNDALINI Hasselt | €257,037 | €5,454 | 65.7% | - |
| Q&M Invest Machelen (Brab.) | €470,301 | €6,541 | 5.6% | - |
| DICAVA Tongeren-Borgloon | €470,479 | €7,381 | 94.3% | - |
| BREEDEX Pelt | €314,906 | €9,988 | -45.0% | - |
| GALAM Florenville | €202,102 | €5,278 | 25.9% | - |
| ALLARD Brussels | €581,342 | €5,256 | 65.9% | - |
These companies have the same main activity as PETER PAULISSEN: day spas, saunas and steam baths (NACE 96230). They are comparable in size and age: total assets between €202,000 and €581,000, founded between 1993 and 2008.
Official details
Source: KBO- Status
- Active since 18-11-2002Normal situation
- Activity
- Day spas, saunas and steam bathsNACE 96230
- Establishment unit
- 2.123.662.9663680 Maaseik, since 26-02-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Annual accounts 2025
- ≈ €29,000estimated
- €300,231▼ 13.8%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Insights on PETER PAULISSEN
PETER PAULISSEN files the micro format. That format states no turnover. The gross margin fell from €28,683 in 2006 to €4,819 in 2025.
The balance sheet grew most from 2021 to 2022 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PETER PAULISSEN
- What is the company number of PETER PAULISSEN?
- The company number of PETER PAULISSEN is 0478.801.403. The VAT number is the same number with BE in front: BE 0478.801.403.
- Where is PETER PAULISSEN based?
- The registered office is at Bosstraat 56 B, 3680 Maaseik.Company details
- What does PETER PAULISSEN do?
- According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
- What is the legal form of PETER PAULISSEN?
- PETER PAULISSEN is a private limited company (BV).
- When was PETER PAULISSEN founded?
- PETER PAULISSEN was founded on 18-11-2002.
- Is PETER PAULISSEN still active?
- Yes, PETER PAULISSEN is an active enterprise in the KBO register.
- What is the turnover of PETER PAULISSEN?
- The turnover in financial year 2025 is ≈ €29,000. This figure is estimated from the gross margin of €4,819 and 135 comparable companies (NACE 962). It probably lies between €17,000 and €51,000. It is a rough estimate.Financials
- Is PETER PAULISSEN profitable?
- In financial year 2025, PETER PAULISSEN made a loss of €27,115.
- Where can I find the annual accounts of PETER PAULISSEN?
- PETER PAULISSEN filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PETER PAULISSEN due?
- PETER PAULISSEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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