Result
-€10,081 -€10,081
From profit to loss in 2025, after a profit of €71,922 in 2024.
PARGECO
Lifetime
12 annual accounts with figures on one time axis, 13 filings since 2013Gross marginpeak €329,803 (2023)
€274,458▼ 14.0%
Resultlowest -€193,141 (2015)
-€10,081▼ €82,004
Equitypeak €563,368 (2019)
€501,256▼ 2.0%
Debts
€3.3m▲ 21.0%
Board1 name since 2021
1 directorMarchandise Thomas
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €319,165 to €274,458Loss of €10,081General meeting · Director resignation 05-09General meeting · Director reappointment 14-05General meeting · Director reappointment 14-05General meeting · Director reappointment 14-05
Key points
from the 2025 annual accountsTurnover
≈ €390,000 estimated
The micro format states no turnover.
Debts
€3.3m 87% of the balance sheet
Financial debts 45%Suppliers 26%Taxes and wages 2%Other 27%
Of this, €961,789 falls due within a year.
Investments
€9,832 0.1 × depreciation
Green is investment, beige is depreciation.
Filings
13 annual accounts since 2013
Six of the last ten came late. The 2019 accounts came latest: 68 days after the end of the period.
Position in the sector
-€10,081
Lower net result than 89% of companies in head offices and management consultancy. Sector median €27,169 · 39,328 companies.
Checked score
89
Excellent
Financially stronger than 23% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,518 companies (NACE 70, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.3 percentage points vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: 0.1%▲ +0.1 percentage points vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.97, cash €15,996, halved
Equity €501,256 (13.2% of total assets)
lowers risk
Size: total assets €3.8m
Figures for financial year 2025 (filed on 01-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small). It does better than 16% of them on solvency, 26% on liquidity, 28% on profitability and 24% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,166 companies had the same profile as PARGECO has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
3.0%
stopped another way
2.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PARGECO itself is lower: 0.1% within 12 months. It rests on far more data about PARGECO than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,166 companies, not a prediction for PARGECO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.97 (0.8 in 2024), below 1. Short-term debt is 25.3% and cash 0.4% of total assets. 86.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 39312 sector peers (2025).
NBB · sector comparisonPosition among 39312 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 days late
2023
29 days late
2022
29 days late
2021
23 days late
2020
1 day early
2019
68 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
General meeting · Shareholding
Gazette deed
General meeting · Director reappointment
Gazette deed
Kind of shares · Financial instrument
Gazette deed
Incorporation · Legal form clause
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| PARGECO Lasne | €3.8m | €274,458 | 13.2% | - |
| 499 Wavre | €3.4m | €263,954 | 52.7% | - |
| BLUE VISION Walhain | €3.7m | €256,066 | 90.5% | - |
| VEEP HOLDING Mont-Saint-Guibert | €3.4m | €255,296 | 55.4% | 1.5 |
| Jurolien Diksmuide | €3.8m | €289,511 | 81.5% | - |
| AKSHAY Hoegaarden | €4.0m | €291,896 | 7.3% | - |
| Immo Scriptor Tielt | €3.8m | €307,606 | 43.8% | - |
These companies have the same main activity as PARGECO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €3.4m and €4m, founded between 2010 and 2013.
Official details
Source: KBO- Status
- Active since 21-06-2012Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.212.340.4651380 Lasne, since 21-06-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 27-10-2025
Annual accounts 2025
- Total assets
- €3.8m▲ 17.4%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on PARGECO
PARGECO files the micro format. That format states no turnover. The gross margin rose from €25,585 in 2013 to €274,458 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PARGECO
- What is the company number of PARGECO?
- The company number of PARGECO is 0846.745.662. The VAT number is the same number with BE in front: BE 0846.745.662.
- Where is PARGECO based?
- The registered office is at Rue du Smohain 13, 1380 Lasne.Company details
- What does PARGECO do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of PARGECO?
- PARGECO is a private limited company (pre-2019) (BVBA).
- When was PARGECO founded?
- PARGECO was founded on 21-06-2012.
- Is PARGECO still active?
- Yes, PARGECO is an active enterprise in the KBO register.
- How many employees does PARGECO have?
- PARGECO had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PARGECO?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €274,458 and 95 comparable companies (NACE 70200). It probably lies between €330,000 and €690,000.
- Is PARGECO profitable?
- In financial year 2025, PARGECO made a loss of €10,081.
- Where can I find the annual accounts of PARGECO?
- PARGECO filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PARGECO due?
- PARGECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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