Financials
- Financial year
- 2025
- Total assets
- €1.6m
- Profit
- €289,233
- Solvency
- 17.9%
Photaiq
ActiveSummary
Photaiq has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292,233 and a net result of €289,233. Its solvency ranks better than 29% of 12,672 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Other non-specialised retail sale
NACE 47120Wholesale of electrical equipment, including installation materials NACE 46643
1 site
Size
€1.6mtotal assets 2025
- Staff
- 0.9 FTE
- Equity
- €292,233
- Profit
- €289,233
Turnover not published (abbreviated format)
Structure
- BKV InvestDirector · permanent representative BUYSE Kevin Nick
- MLV InvestDirector · permanent representative MERLEVEDE Cedriek
- CommV Laulo InvestDirector · permanent representative Laurent Vermeulen
2025 accounts 46 days early
Why 66raises riskFounded in 2024Sector: Retail trade (NACE 47)lowers riskSize: 0.9 FTE, total assets €1.6mFigures for financial year 2025 (filed 16-12-2025)Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 45% of its sector peers (NACE 47, micro)
Financial strength
Average
Solvency
43
equity 17.9% of total assets
Liquidity
18
short-term debt 80.0% · cash 9.6%
Profitability
91
return on assets 17.7%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2025: 1.8%
07-2025: 1.9%▲ +0.1 percentage points vs 06-2025
08-2025: 2.2%▲ +0.3 percentage points vs 07-2025
09-2025: 2.3%▲ +0.1 percentage points vs 08-2025
10-2025: 2.6%▲ +0.3 percentage points vs 09-2025
11-2025: 2.6%● unchanged vs 10-2025
12-2025: 2.9%▲ +0.3 percentage points vs 11-2025highest value
01-2026: 1.0%▼ -1.9 percentage points vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.1%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.0%▼ -0.1 percentage points vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026lowest value
08-2026: 1.0%● unchanged vs 07-2026lowest value
09-2026: 1.0%● unchanged vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €19,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity tight (current ratio 1.2, below the usual 1.5; short-term debt: 80% and cash: 9.6% of total assets), and 82.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 34% on solvency, 17% on liquidity and 86% on profitability.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
46 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Appointment: CommV LAULO INVEST (director)Permanent representative: Laurent Vermeulen
- IncorporationAppointments: MLV Invest (director) and…
Key points
By topic
Board & ownership
- Board
- 3 members
- BKV InvestDirector
- MLV InvestDirector
- CommV Laulo InvestDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other non-specialised retail saleNACE 47120
- Founded
- 02-05-2024
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 18
- Annual meeting
- First Friday of December at 16:00
- Statutory auditor
- No statutory auditor
Key facts about Photaiq
- What is the company number of Photaiq?
- 1009.029.038. In Belgium the VAT number is the company number with BE in front: BE 1009.029.038.
- Where is Photaiq based?
- The registered office is at Ter Waarde 90, 8900 Ieper.Company details
- What does Photaiq do?
- According to the KBO register, the main activity is other non-specialised retail sale (NACE 47120).
- What is the legal form of Photaiq?
- Private limited company (BV).
- When was Photaiq founded?
- On 02-05-2024.
- Is Photaiq still active?
- Yes, Photaiq is an active enterprise in the KBO register.
- How many employees does Photaiq have?
- On average 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Photaiq?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is Photaiq profitable?
- In financial year 2025, Photaiq made a profit of €289,233.
- Where can I find the annual accounts of Photaiq?
- Photaiq filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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