PADIO
ActiveThe computed 12-month bankruptcy probability of PADIO is 2.0% (moderate). The 2025 annual accounts show equity of €212k and a net result of €-21k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 63% of 13159 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▲+11
Solvency70▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.09 in 2024; short-term debt: 22.7% and cash: 0.5% of total assets), and 55.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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 2025Solvency, return and age of the figures
Solvency
44.9%
Return on assets
-4.5%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
19202122232425
2019 to 2025 · latest year €-21k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-03-2026, 52 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 · 10 filingsDeviation from the deadline
2025
52 d late
2024
26 d late
2023
16 d late
2022
41 d late
2021
25 d late
2020
26 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-21k▲ 7.3%
2024 · €-23k
2019: €72k
2020: €155k
2021: €162k
2022: €-19k
2023: €9k
2024: €-23k
2019 → 2025
Working capital
€-104k▼ 7.8%
2024 · €-97k
2019: €73k
2020: €66k
2021: €-49k
2022: €-68k
2023: €-79k
2024: €-97k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€266k-€247k▼ 7.1%€256k▲ 3.5%€233k▼ 9.0%€212k▼ 9.2%
Operating result€282k-€-20k€6k€-24k€-24k▲ 0.2%
Net result€162k-€-19k€9k€-23k€-21k▲ 7.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24k in 2025 against €24k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €471k
Fixed assets
€468k▼ 4.8%
Current assets
€3k▼ 73.0%
Equity and liabilities €471k
Equity
€212k▼ 9.2%
Provisions
€90k▼ 3.7%
Debt
€169k▼ 3.5%
The debt ratio rises from 34.9% to 35.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▲
2024 · €1k
Cash flow
€4k▲
2024 · €2k
Solvency
44.9%▼
2024 · 46.4%
Current ratio
0.02▼
2024 · 0.09
Quick ratio
0.02▼
2024 · 0.09
Debt / equity
0.80▲
2024 · 0.75
ROE
-10.1%▼
2024 · -9.9%
ROA
-4.5%▲
2024 · -4.6%
Interest coverage
1.91▲
2024 · 0.55
Debt
€169k▼
2024 · €175k
Debt ≤ 1 year
€107k▲
2024 · €106k
Debt > 1 year
€62k▼
2024 · €68k
Income taxes
€340▼
2024 · €629
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€502k€471k▼
Fixed assets21/28€492k€468k▼
Tangible fixed assets22/27€492k€468k▼
Land and buildings22€482k€463k▼
Plant, machinery and equipment23€2k€959▼
Furniture and vehicles24€8k€4k▼
Current assets29/58€10k€3k▼
Amounts receivable within one year40/41€5k€86▼
Trade receivables40€5k-
Other amounts receivable41-€86
Cash at bank and in hand54/58€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€502k€471k▼
Equity10/15€233k€212k▼
Contributions10/11€60k€60k=
Reserves13€281k€271k▼
Tax-exempt reserves132€281k€271k▼
Profit (loss) carried forward14€-108k€-119k▼
Provisions and deferred taxes16€94k€90k▼
Deferred taxes168€94k€90k▼
Amounts payable17/49€175k€169k▼
Amounts payable after more than one year17€68k€62k▼
Financial debts170/4€68k€62k▼
Amounts payable within one year42/48€106k€107k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€8k€2k▼
Suppliers440/4€8k€2k▼
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€92k€99k▲
Accrued charges and deferred income492/3€780-
Income statement
Code20242025
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€6k€6k▼
Operating profit (loss)9901€-24k€-24k▲
Financial income75/76B€62€20▼
Recurring financial income75€62€20▼
Financial charges65/66B€2k€883▼
Recurring financial charges65€2k€883▼
Profit (loss) for the period before taxes9903€-26k€-24k▲
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€629€340▼
Profit (loss) for the period9904€-23k€-21k▲
Transfer from tax-exempt reserves789€10k€10k=
Profit (loss) for the period to be appropriated9905€-13k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-108k€-119k▼
Profit (loss) brought forward from the previous period14P€-96k€-108k▼
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
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 52 days late
2025
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-06
Financial
Weakest financial yearnet €-23k ▼368%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
16-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
30-06
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 41 days late
2022
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
30-06
Financial
Highest result since 2019net €162k ▲4.3%
Operating result €282k, net result €162k, both a record.
30-06
Financial
Equity above €200kEq €266k ▲72.5%
3 profitable years in a row build equity to €266k.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
22-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waterloo · 1 establishment unit since 2014
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 Culée 701410 WaterlooGround area
2,608 m²
Building footprint
401 m²
Volume, LiDAR
1,749 m³
2 parcels, Wallonia · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Delitraiteur
since 20142.231.325.642
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076C0026/00B000 | Wallonia | 1,749 m² | 1 · 333 m² | 12.9 m · 2 fl. |
| 25764Q0670/00_000 | Wallonia | 859 m² | 1 · 68 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BAR DU MATIN
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WORK IT
BE 0533.768.234
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ALLIANCE CREATIVE
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B-TREND EVENTS
BE 0831.051.260
Affligem · Eq €212k
Of 7,506 companies in sector 56210 we hold annual accounts for 2,445. 1,744 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-2014
Fiscal year end30-06
Activities, NACEBEL
56210Event catering
56220Contract catering and other food service activities
56290Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:patrick.dupong@gmail.com
Phone:026335172