PAUL VAN HOEYDONCK
ActiveSummary
PAUL VAN HOEYDONCK has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €623k and a net result of €-14k. Equity is shrinking by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability16▼-7
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 19.71 against 23.4 in 2023; short-term debt: 1.9% and cash: 0.3% of total assets), and 1.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 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
98.1%
Return on assets
-2.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-14k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
50 d late
2023
62 d late
2022
59 d late
2021
129 d late
2020
122 d late
2019
139 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€623k▼ 2.2%
2023 · €637k
2018: €876k
2019: €837k
2020: €742k
2021: €709k
2022: €676k
2023: €637k
2018 → 2024
Total assets
€635k▼ 2.0%
2023 · €648k
2018: €889k
2019: €862k
2020: €764k
2021: €736k
2022: €687k
2023: €648k
2018 → 2024
Net result
€-14k▲ 63.1%
2023 · €-38k
2018: €-61k
2019: €-39k
2020: €-95k
2021: €-33k
2022: €-34k
2023: €-38k
2018 → 2024
Working capital
€231k▼ 5.8%
2023 · €245k
2018: €472k
2019: €431k
2020: €340k
2021: €315k
2022: €284k
2023: €245k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€742k-€709k▼ 4.4%€676k▼ 4.8%€637k▼ 5.7%€623k▼ 2.2%
Operating result€-71k-€-40k▲ 42.9%€-26k▲ 35.7%€-54k▼ 107%€-25k▲ 52.9%
Net result€-95k-€-33k▲ 65.4%€-34k▼ 3.0%€-38k▼ 13.5%€-14k▲ 63.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2024 against €54k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €635k
Fixed assets
€392k =
Current assets
€243k ▼ 5.0%
Equity and liabilities €635k
Equity
€623k ▼ 2.2%
Debt
€12k ▲ 12.8%
Debt's share of the balance-sheet total rises from 1.7% to 1.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-25k▲
2023 · €-53k
Cash flow
€-14k▲
2023 · €-38k
Current ratio
19.71▼
2023 · 23.40
Quick ratio
11.87▼
2023 · 18.16
Debt to equity
0.02▲
2023 · 0.02
ROE
-2.3%▲
2023 · -6.0%
ROA
-2.2%▲
2023 · -5.9%
Interest coverage
-21.85▼
2023 · 11.64
Debt ≤ 1 year
€12k▲
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€648k€635k▼
Fixed assets21/28€392k€392k=
Tangible fixed assets22/27€388k€388k=
Plant, machinery and equipment23€0-
Other tangible fixed assets26€388k€388k=
Financial fixed assets28€5k€5k=
Current assets29/58€256k€243k▼
Stocks and contracts in progress3€57k€97k▲
Stocks30/36€57k€97k▲
Amounts receivable within one year40/41€20k€34k▲
Trade receivables40€6k€14k▲
Other amounts receivable41€13k€20k▲
Current investments50/53€168k€108k▼
Cash at bank and in hand54/58€9k€2k▼
Deferred charges and accrued income490/1€994€1k▲
Equity and liabilities
Total equity and liabilities10/49€648k€635k▼
Equity10/15€637k€623k▼
Contributions10/11€876k€876k=
Profit (loss) carried forward14€-238k€-253k▼
Amounts payable17/49€11k€12k▲
Amounts payable within one year42/48€11k€12k▲
Trade debts44€11k€12k▲
Suppliers440/4€11k€12k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€279€0▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€-50k€-22k▲
Operating profit (loss)9901€-54k€-25k▲
Financial income75/76B€11k€12k▲
Recurring financial income75€11k€12k▲
Financial charges65/66B€-5k€1k▲
Recurring financial charges65€-5k€1k▲
Profit (loss) for the period before taxes9903€-38k€-14k▲
Profit (loss) for the period9904€-38k€-14k▲
Profit (loss) for the period to be appropriated9905€-38k€-14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-238k€-253k▼
Profit (loss) brought forward from the previous period14P€-200k€-238k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 27.88
Current ratio from 12.93 to 27.88; short-term debt falls from €26k to €11k.
07-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 129 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Weakest financial yearnet €-95k
Net result drops to €-95k, the lowest in the series; recovery starts the following year.
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 139 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
10-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 71 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wommelgem
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.
Wijnegemsteenweg 1102160 WommelgemGround area
1.4 ha
Building footprint
6,082 m²
Volume, LiDAR
25,705 m³
Parcel 11052B0109/00T000, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052B0109/00T000 | Flanders | 1.4 ha | 1 · 6,082 m² | 9.9 m · 1 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.
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Of 1,289 companies in sector 47690 we hold annual accounts for 425. 236 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47690Retail sale of other cultural and recreation goods
47791Retail sale of antiques
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.