PICK N PAY
ActiveSummary
The computed 12-month bankruptcy probability of PICK N PAY is 5.2% (elevated). The 2025 annual accounts show equity of €44k and a net result of €2k. Equity is growing by ~40% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-22
Solvency62▼-4
Growth85=
Track record100
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.41 against 1.46 in 2024; short-term debt: 63.5% and cash: 1.8% of total assets), and 63.5% of the assets are financed with debt.
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 · 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
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
36.5%
Return on assets
1.3%
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 18-08-2026, 18 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 · 7 filingsDeviation from the deadline
2025
18 d late
2024
56 d late
2023
63 d early
2022
172 d early
2021
4 d early
2020
89 d late
2019
1 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
Turnover
€195k▲ 117%
2019 · €90k
2019: €90k
2019 → 2023
EBIT margin
9.9%▲ 7.9pp
2019 · 2.1%
2019: 2.1%
2019 → 2023
Net result
€2k▼ 84.2%
2024 · €10k
2019: €1k
2020: €877
2021: €-595
2022: €10k
2023: €14k
2024: €10k
2019 → 2025
Working capital
€31k▲ 10.9%
2024 · €28k
2019: €8k
2020: €18k
2021: €6k
2022: €16k
2023: €23k
2024: €28k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€195k
Equity€8k-€18k▲ 130%€32k▲ 80.1%€43k▲ 32.0%€44k▲ 3.8%
Operating result€-11-€17k€19k▲ 17.2%€12k▼ 35.6%€3k▼ 73.0%
Net result€-595-€10k€14k▲ 41.9%€10k▼ 28.1%€2k▼ 84.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 73% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€13k ▼ 10.1%
Current assets
€108k ▲ 21.5%
Equity and liabilities €121k
Equity
€44k ▲ 3.8%
Debt
€77k ▲ 26.4%
Debt's share of the balance-sheet total rises from 58.8% to 63.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2024 · €13k
Cash flow
€3k▼
2024 · €11k
Current ratio
1.41▼
2024 · 1.46
Quick ratio
0.51▲
2024 · 0.14
Debt to equity
1.74▲
2024 · 1.43
ROE
3.7%▼
2024 · 24.2%
ROA
1.3%▼
2024 · 10.0%
Interest coverage
4.58▼
2024 · 12.55
Debt ≤ 1 year
€77k▲
2024 · €61k
Income taxes
€685▼
2024 · €2k
Staff costs
€35k▲
2024 · €18k
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€103k€121k▲
Fixed assets21/28€14k€13k▼
Tangible fixed assets22/27€6k€5k▼
Plant, machinery and equipment23€146€16▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€8k€8k=
Current assets29/58€89k€108k▲
Stocks and contracts in progress3€80k€69k▼
Stocks30/36€80k€69k▼
Amounts receivable within one year40/41€2k€35k▲
Trade receivables40-€29k
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€103k€121k▲
Equity10/15€43k€44k▲
Contributions10/11€6k€6k=
Reserves13€90€90=
Non-distributable reserves130/1€90€90=
Reserves not available under the articles1311€90€90=
Profit (loss) carried forward14€36k€38k▲
Amounts payable17/49€61k€77k▲
Amounts payable within one year42/48€61k€77k▲
Trade debts44€45k€39k▼
Suppliers440/4€45k€39k▼
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€11k€3k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€4k€33k▲
Income statement
Code20242025
Remuneration, social security and pensions62€18k€35k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€781€1k▲
Other operating charges640/8€548€3k▲
Non-recurring operating charges66A€63€100▲
Gross operating margin9900€32k€43k▲
Operating profit (loss)9901€12k€3k▼
Financial income75/76B€800€0▼
Recurring financial income75€800€0▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€12k€2k▼
Income taxes67/77€2k€685▼
Profit (loss) for the period9904€10k€2k▼
Profit (loss) for the period to be appropriated9905€10k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€38k▲
Profit (loss) brought forward from the previous period14P€26k€36k▲
The notes to these accounts (5 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €14k ▲41.9%
Operating result €19k, net result €14k, both a record.
09-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-595 ▼168%
Net result drops to €-595, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 3.12
Current ratio from 1.51 to 3.12; short-term debt falls from €15k to €8k.
01-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Ukkel · 2 establishment units since 2020
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.
Waterloosesteenweg 6901180 UkkelGround area
1,960 m²
Building footprint
2,581 m²
Volume, LiDAR
58,754 m³
2 parcels, Brussels · tallest building 40.1 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
pick n pay
since 20202.297.298.213
PICK N PAY
since 20262.383.587.532
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0045/00D002 | Brussels | 1,857 m² | 1 · 2,479 m² | 40.1 m · 8 fl. |
| 21464E0001/00B019 | Brussels | 102 m² | 1 · 102 m² | 14.5 m · 4 fl. |
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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2019
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:picknpay.285@gmail.com
Phone:0465350662