Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Paddocksplace from Herk-de-Stad, company number BE0479289272, closed financial year 2025 with a result of € -61,264 after tax. For that financial year Paddocksplace recorded a gross margin of € 77,697 and equity of € 4,720. Compared with financial year 2024, the result moved from € -26,148 to € -61,264. The company made a loss. The buffer shrank hard: equity is 90 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 4,720
▼ 90% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -61,264
▼ 134 % more loss than in 2024
Profit after tax over the fiscal year.
€ 40,924
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,089.
People and assets in 2025
€ 76,959
▼ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 58
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 300,716
▼ 5% vs 2024
€ 16,982 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 76,617
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,869
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,653 | € 108,275 | € 66,111 | € 77,697 | ▲ 18% |
| Profit after taxes | € -43,478 | € -17,601 | € -26,148 | € -61,264 | ▼ € 35,116 |
| Equity | € 88,733 | € 71,132 | € 44,984 | € 4,720 | ▼ 90% |
| Total debts | € 245,829 | € 524,006 | € 498,101 | € 464,201 | ▼ 7% |
| Cash | € 111,774 | € 37,824 | € 34,549 | € 40,924 | ▲ 18% |
| Land & buildings | € 4,126 | € 342,763 | € 322,539 | € 302,474 | ▼ 6% |
| Retained profit | € 70,924 | € 53,323 | € 27,175 | € -13,089 | ▼ € 40,264 |
| Bank debt | € 0 | € 328,719 | € 315,482 | € 300,716 | ▼ 5% |
| Balance sheet total | € 334,561 | € 595,138 | € 543,085 | € 468,921 | ▼ 14% |
| Employees (FTE) | 1.8 | - | - | - |
Key figures of Paddocksplace, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Paddocksplace?
What happened at Paddocksplace in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 61,264. Source: NBB ↗
- New establishment in Herk-de-Stad. KBO
- PATRICK ENGELEN became a director. NBB
- New establishment in Herk-de-Stad. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,478 loss in 2022 to € 61,264 loss in 2025.
On average € 28,700 of value added per employee in 2022.
A new publication or filing at Paddocksplace? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Paddocksplace is PATRICK ENGELEN.
Directors
According to the 2025 annual accounts
PATRICK ENGELEN
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Kiezelweg 125
3540 Herk-de-Stad
Steenweg 173
3540 Herk-de-Stad
Active since 1 April 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.289.272
- VAT number
- BE 0479.289.272
- Registered office
- Kiezelweg 125, 3540 Herk-de-Stad
- Names & denominations
- Paddocksplace
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2003
- Peppol
- Active · Active since 17 Jul 2025
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