PAYTECH
ActiveSummary
The computed 12-month bankruptcy probability of PAYTECH is 1.7% (moderate). The 2025 annual accounts show equity of €224k and a net result of €132k. Equity is growing by ~159.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 1517 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency88▲+8
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.52 against 2.06 in 2024; short-term debt: 36.9% and cash: 59.7% of total assets), and 36.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.1%
Return on assets
37%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 4 filingsDeviation from the deadline
2025
19 d late
2024
61 d late
2023
61 d late
2022
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€224k▲ 95.8%
2024 · €115k
2022: €14k
2023: €43k
2024: €115k
2022 → 2025
Total assets
€356k▲ 71.5%
2024 · €208k
2022: €87k
2023: €189k
2024: €208k
2022 → 2025
Net result
€132k▲ 41.2%
2024 · €93k
2022: €32k
2023: €51k
2024: €93k
2022 → 2025
Working capital
€199k▲ 103%
2024 · €98k
2022: €-499
2023: €28k
2024: €98k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€14k-€43k▲ 214%€115k▲ 166%€224k▲ 95.8%
Operating result€36k-€62k▲ 73.1%€114k▲ 85.1%€173k▲ 51.9%
Net result€32k-€51k▲ 58.9%€93k▲ 82.3%€132k▲ 41.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 52% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €356k
Fixed assets
€25k ▲ 57.5%
Current assets
€330k ▲ 72.9%
Equity and liabilities €356k
Equity
€224k ▲ 95.8%
Debt
€131k ▲ 41.4%
Debt's share of the balance-sheet total falls from 44.8% to 36.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€178k▲
2024 · €118k
Cash flow
€136k▲
2024 · €97k
Current ratio
2.52▲
2024 · 2.06
Quick ratio
1.79▲
2024 · 1.65
Debt to equity
0.59▼
2024 · 0.81
ROE
58.6%▼
2024 · 81.3%
ROA
37.0%▼
2024 · 44.9%
Interest coverage
951.24▲
2024 · 491.88
Debt ≤ 1 year
€131k▲
2024 · €93k
Income taxes
€42k▲
2024 · €24k
Staff costs
€18k▲
2024 · €5k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€208k€356k▲
Formation expenses20€380€190▼
Fixed assets21/28€16k€25k▲
Intangible fixed assets21€15k€11k▼
Tangible fixed assets22/27-€13k
Furniture and vehicles24-€13k
Financial fixed assets28€900€900=
Current assets29/58€191k€330k▲
Stocks and contracts in progress3€38k€95k▲
Stocks30/36€38k€95k▲
Amounts receivable within one year40/41€16k€23k▲
Trade receivables40€16k€21k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€138k€212k▲
Deferred charges and accrued income490/1€146€108▼
Equity and liabilities
Total equity and liabilities10/49€208k€356k▲
Equity10/15€115k€224k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€113k€222k▲
Amounts payable17/49€93k€131k▲
Amounts payable within one year42/48€93k€131k▲
Trade debts44€35k€17k▼
Suppliers440/4€35k€17k▼
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€34k€75k▲
Taxes450/3€33k€71k▲
Remuneration and social security454/9€311€4k▲
Other amounts payable47/48€25k€38k▲
Income statement
Code20242025
Remuneration, social security and pensions62€5k€18k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k€659▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€135k€201k▲
Operating profit (loss)9901€114k€173k▲
Financial income75/76B€4k€14▼
Recurring financial income75€4k€14▼
Financial charges65/66B€240€187▼
Recurring financial charges65€240€187▼
Profit (loss) for the period before taxes9903€118k€173k▲
Income taxes67/77€24k€42k▲
Profit (loss) for the period9904€93k€132k▲
Profit (loss) for the period to be appropriated9905€93k€132k▲
Appropriation of the result
Profit (loss) to be appropriated9906€134k€244k▲
Profit (loss) brought forward from the previous period14P€41k€113k▲
Profit to be distributed694/7€22k€22k=
Directors or managers695€22k€22k=
The notes to these accounts (9 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial
Highest result since 2022net €132k ▲41.2%
Operating result €173k, net result €132k, both a record.
31-12
Financial
Equity above €200kEq €224k ▲95.8%
4 profitable years in a row build equity to €224k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Equity above €100kEq €115k ▲166%
3 profitable years in a row build equity to €115k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
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, La Louvière · 1 establishment unit since 2022
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.
Boulevard de la Technicité(H-G) 187110 La LouvièreGround area
9,737 m²
Parcel 55020B0417/00K006, Wallonia. Linked by address, not a title deed.
1 establishment unit
PAYTECH
since 20222.327.170.055
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55020B0417/00K006 | Wallonia | 9,737 m² | - | - |
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.
Similar companies · same sector, comparable size
Administratie & Consultancy
BE 0812.272.258
Deinze · Eq €227k
K - Rent
BE 0466.123.503
Wommelgem · Eq €216k
BDP Corporate
BE 0819.926.251
Zoersel · Eq €206k
VIMEDI
BE 0480.029.541
Nivelles · Eq €202k
ENROC
BE 0476.437.769
Theux · Eq €196k
Of 174 companies in sector 77330 we hold annual accounts for 109. 67 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
Founded10-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
77330Rental and leasing activities
46140Agents in the wholesale of industrial machinery, ships and aircraft
46190Agents in non-specialised wholesale trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.