PAVILLON BLEU SPRL
ActiveSummary
The computed 12-month bankruptcy probability of PAVILLON BLEU SPRL is 2.3% (moderate). The 2024 annual accounts show negative equity (€-15k) and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 18941 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+2
Solvency0=
Growth42=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.29 against 0.19 in 2023; short-term debt: 156.9% and cash: 14.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 2024Solvency, return and age of the figures
Solvency
-56.9%
Return on assets
27%
Age of the figures
21 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 18941 sector peers (2024).
NBB · sector comparisonPosition among 18941 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
113 d early
2022
147 d early
2021
74 d early
2020
19 d late
2019
77 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€89k▼ 2.4%
2021 · €91k
2018: €118k
2019: €115k
2020: €58k
2021: €91k
2018 → 2022
EBIT margin
-12.5%▼ 11.7pp
2021 · -0.9%
2018: 1.4%
2019: 5.8%
2020: -53.8%
2021: -0.9%
2018 → 2022
Net result
€7k▲ 15.2%
2023 · €6k
2018: €-2k
2019: €3k
2020: €-33k
2021: €-4k
2022: €-14k
2023: €6k
2018 → 2024
Working capital
€-29k▲ 22.7%
2023 · €-37k
2018: €-11k
2019: €-9k
2020: €-35k
2021: €-25k
2022: €-43k
2023: €-37k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€58k-€91k▲ 56.7%€89k▼ 2.4%
Equity€-10k-€-14k▼ 33.9%€-28k▼ 98.6%€-22k▲ 21.8%€-15k▲ 32.2%
Operating result€-31k-€-792▲ 97.5%€-11k▼ 1,312%€8k€8k▲ 12.6%
Net result€-33k-€-4k▲ 89.5%€-14k▼ 289%€6k€7k▲ 15.2%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 13% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €26k
Fixed assets
€14k ▼ 16.7%
Current assets
€12k ▲ 35.1%
Key figures and ratios
EBITDA
€11k▲
2023 · €10k
Cash flow
€10k▲
2023 · €9k
Solvency
-56.9%▲
2023 · -84.6%
Current ratio
0.29▲
2023 · 0.19
Quick ratio
0.26▲
2023 · 0.17
Debt to equity
-2.76▼
2023 · -2.18
ROA
27.0%▲
2023 · 23.6%
Interest coverage
7.70▲
2023 · 6.68
Debt
€40k▼
2023 · €47k
Debt ≤ 1 year
€40k▼
2023 · €46k
Income taxes
€94
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 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€25k€26k▲
Fixed assets21/28€17k€14k▼
Tangible fixed assets22/27€11k€8k▼
Land and buildings22€202-
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€909€317▼
Financial fixed assets28€6k€6k=
Current assets29/58€9k€12k▲
Stocks and contracts in progress3€679€1k▲
Stocks30/36€679€1k▲
Amounts receivable within one year40/41€6k€4k▼
Trade receivables40€6k€478▼
Other amounts receivable41€453€3k▲
Cash at bank and in hand54/58€1k€4k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€25k€26k▲
Equity10/15€-22k€-15k▲
Contributions10/11€20k€20k=
Capital10-€20k
Issued capital100-€20k
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€2k▼
Legal reserve130-€2k
Other1319€6k-
Tax-exempt reserves132-€4k
Profit (loss) carried forward14€-47k€-40k▲
Amounts payable17/49€47k€40k▼
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€46k€40k▼
Current portion of amounts payable after more than one year42-€10k
Financial debts43€2k-
Other loans439€2k-
Trade debts44€8k€8k▼
Suppliers440/4€8k€8k▼
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Other amounts payable47/48€34k€21k▼
Income statement
Code20232024
Non-recurring operating income76A€484€5k▲
Goods, raw materials, services and sundry goods60/61-€78k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€9k€9k▼
Non-recurring operating charges66A€6k€5k▼
Gross operating margin9900€26k€25k▼
Operating profit (loss)9901€8k€8k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€6k€7k▲
Income taxes67/77-€94
Profit (loss) for the period9904€6k€7k▲
Profit (loss) for the period to be appropriated9905€6k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-40k▲
Profit (loss) brought forward from the previous period14P€-53k€-47k▲
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
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €7k ▲15.2%
Operating result €8k, net result €7k, both a record.
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
06-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
31-12
Financial
Weakest financial yearnet €-33k ▼1422%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
15-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Messancy · 1 establishment unit since 2005
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 des Ardennes,Wolkrange 886780 MessancyGround area
501 m²
Building footprint
1,068 m²
Volume, LiDAR
5,329 m³
Parcel 81023B0695/00H000, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
K-ress
since 20052.146.103.620
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81023B0695/00H000 | Wallonia | 501 m² | 1 · 1,068 m² | 6.4 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMessancy2.146.103.620
Similar companies · same sector, comparable size
IBISH NB
BE 0670.837.053
Schaarbeek · Eq €23,061
JOANNA KOZIEL
BE 0729.947.566
Mechelen · Eq €23,057
LE VAUDREE 2
BE 0443.703.932
Liège · Eq €23,071
CIBO
BE 0771.456.143
Grâce-Hollogne · Eq €23,041
JELOTI
BE 0677.532.825
Wuustwezel · Eq €23,037
Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 4,035 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 (pre-2019)
Founded17-03-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56302Nightclubs
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.