JOSEPH PARMENTIER
ActiveJOSEPH PARMENTIER has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €233k and a net result of €11k. Equity is growing by ~14.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-29
Solvency86▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.9 against 2.92 in 2023; short-term debt: 20.7% and cash: 29% of total assets), and 38.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
6 d early
2022
73 d late
2021
122 d late
2020
167 d late
2019
172 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, unclassified schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€11k▼ 91.2%
2023 · €121k
2018: €26k
2019: €20k
2020: €-15k
2021: €11k
2022: €-21k
2023: €121k
2018 → 2024
Working capital
€149k▼ 19.9%
2023 · €186k
2018: €91k
2019: €136k
2020: €130k
2021: €114k
2022: €99k
2023: €186k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€121k-€132k▲ 9.2%€111k▼ 16.2%€222k▲ 101%€233k▲ 4.8%
Operating result€-18k-€7k€-27k€152k€16k▼ 89.8%
Net result€-15k-€11k€-21k€121k€11k▼ 91.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 90% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €379k
Fixed assets
€152k▲ 147%
Current assets
€227k▼ 19.7%
Equity and liabilities €379k
Equity
€233k▲ 4.8%
Debt
€147k▲ 19.5%
The debt ratio rises from 35.6% to 38.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▼
2023 · €170k
Cash flow
€32k▼
2023 · €138k
Solvency
61.3%▼
2023 · 64.4%
Current ratio
2.90▼
2023 · 2.92
Quick ratio
2.08▼
2023 · 2.52
Debt / equity
0.63▲
2023 · 0.55
ROE
4.6%▼
2023 · 54.6%
ROA
2.8%▼
2023 · 35.2%
Interest coverage
5.81▼
2023 · 35.18
Debt
€147k▲
2023 · €123k
Debt ≤ 1 year
€78k▼
2023 · €97k
Debt > 1 year
€46k▲
2023 · €11k
Income taxes
€6k▼
2023 · €36k
Staff costs
€273k▲
2023 · €265k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€345k€379k▲
Fixed assets21/28€61k€152k▲
Tangible fixed assets22/27€61k€152k▲
Land and buildings22-€80k
Plant, machinery and equipment23€17k€14k▼
Furniture and vehicles24€24k€43k▲
Leasing and similar rights25€21k€15k▼
Current assets29/58€283k€227k▼
Stocks and contracts in progress3€39k€65k▲
Stocks30/36€39k€65k▲
Amounts receivable within one year40/41€80k€48k▼
Trade receivables40€77k€42k▼
Other amounts receivable41€4k€7k▲
Cash at bank and in hand54/58€161k€110k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€345k€379k▲
Equity10/15€222k€233k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€200k€211k▲
Amounts payable17/49€123k€147k▲
Amounts payable after more than one year17€11k€46k▲
Financial debts170/4€11k€46k▲
Amounts payable within one year42/48€97k€78k▼
Current portion of amounts payable after more than one year42€19k€24k▲
Trade debts44€24k€12k▼
Suppliers440/4€24k€12k▼
Taxes, remuneration and social security45€39k€39k▲
Taxes450/3€30k€30k▲
Remuneration and social security454/9€9k€9k▲
Other amounts payable47/48€16k€3k▼
Accrued charges and deferred income492/3€15k€23k▲
Income statement
Code20232024
Remuneration, social security and pensions62€265k€273k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€21k▲
Other operating charges640/8€2k€13k▲
Gross operating margin9900€437k€323k▼
Operating profit (loss)9901€152k€16k▼
Financial income75/76B€10k€7k▼
Recurring financial income75€10k€7k▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€157k€17k▼
Income taxes67/77€36k€6k▼
Profit (loss) for the period9904€121k€11k▼
Profit (loss) for the period to be appropriated9905€121k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€210k€211k▲
Profit (loss) brought forward from the previous period14P€89k€200k▲
Profit to be distributed694/7€10k-
Return on contributions (dividend)694€10k-
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
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 60 days late
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial
Back to profitnet €121k
Net result €121k after one loss-making year.
31-12
Financial
Equity above €200kEq €222k ▲101%
Equity rises from €111k to €222k.
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 73 days late
2022
31-12
Financial
Weakest financial yearnet €-21k ▼293%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 122 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 167 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
19-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 172 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 5.04
Current ratio from 2.16 to 5.04; short-term debt falls from €79k to €34k.
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 75 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
19-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 80 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, Burg-Reuland · 1 establishment unit since 2015
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.
Kellstraße, Grüfflingen 814790 Burg-Reuland1 establishment unit
Joseph PARMENTIER PGmbH
since 20152.244.505.170
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Of 7,036 companies in sector 43221 we hold annual accounts for 3,468. 2,811 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-07-2015
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filings
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.