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Paxon Fulfilment Belgium

Active
Public limited companyfounded 2017active for 9 yearsAnspachlaan 1, 1000 Brussel, Belgium103 active companies are registered at this addressKBO/BCE: BE 0680.928.617
Summary

The computed 12-month bankruptcy probability of Paxon Fulfilment Belgium is 4.2% (elevated). The 2025 annual accounts show negative equity (-€215,393) and a net result of -€888,642. Equity is shrinking by about 4.8% per year across the filed financial years. Its solvency ranks better than 5% of 3,840 sector peers (NACE 70, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Business and other management consultancy
NACE 70200Warehousing and storage NACE 52100
1 site
Size
€1.8moperating revenue 2025
Staff
7.4 FTE
Equity
-€215,393
Loss
-€888,642
Financial health
45 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.2%
Structure
Parent
bpost · 100%
Board
4 members
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 23 days early
Why 45raises riskNegative equity -€215,393Loss of €888,642 (financial year 2025)Size: turnover €687,087, 7.4 FTE, total assets €1.1mlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
45 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 4% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Weak
Solvency 5-62
equity -20.0% of total assets
Liquidity 1-19
short-term debt 115.3% · cash 0.5%
Profitability 0-68
return on assets -82.7%
Bankruptcy probability, 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,388 companies, NACE 70, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.7%▼ -0.1 percentage points vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▼ -0.2 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 4.2%▲ +3.5 percentage points vs 07-2026highest value 09-2026: 4.2%● unchanged vs 08-2026highest value 10-2026: 4.2%● unchanged vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.76, compared with 1.43 in 2024, below 1; short-term debt: 115.3% and cash: 0.5% of total assets), and equity is negative.
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 70, micro): better than 6% on solvency, 2% on liquidity, 4% on profitability and 3% on growth.

The bankruptcy probability was computed on 21-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€215,393
NBB · annual accounts
raises risk · Loss of €888,642 (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Size: turnover €687,087, 7.4 FTE, total assets €1.1m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€215,393
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 08-07-2026, 23 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
23 days early
2024
57 days early
2023
65 days early
2022
273 days late
2021
83 days early
2020
101 days early
2019
94 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% 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 4 June (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Amendment of the articles · NameName change · Power of…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignation: Thomas Guy Alexandre Mortier (director)Appointment: Rainer Michael Kiefer (director)…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€215,393 View
  • Caution: Turnover fell in 2025from €2.9m to €687,087 ▼ 76.6% View
  • Caution: Among the weakest 5% on solvencysector median 53.5% · 3,840 companies -20.0% View
  • Controlled by bpost 100% View
  • Board changedlatest change 01-01-2026 · 4 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Turnover
€687,087
Loss
-€888,642
Solvency
-20.0%
Turnover▼ 76.6%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
bpost · 100%
Auditor
Ernst et Young Reviseurs…
  • Dries De LoveDirector
  • Maxime Pierre J. Paulus De ChâteletDirector
  • Hans VansweeveltDirector
  • Rainer Michael KieferDirector
Go to Board & ownership

Timeline

Events
34
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 16-07-2025Resignation: Dries Arsène G. De Love (director)
  3. 04-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Business and other management consultancyNACE 70200
Founded
12-09-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
Second Wednesday of May at 12:30
Purpose
“Het uitvoeren en door anderen laten uitvoeren van taken met betrekking tot het verpakken…” (deed in French)
Go to Articles of association

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