Equity
€9,491 from €87,556 in 2023
Equity fell by 89% in 2 years.
PARABAT
Lifetime
18 annual accounts with figures on one time axispeak €357,112 (2014)
-€44,981▼ €44,701
lowest -€159,847 (2015)
-€58,069▼ €38,072
peak €87,556 (2023)
€9,491▼ 86.0%
€62,913▲ 4.4%
peak 10.4 FTE (2014)
-not published
Board1 name since 2021
1 directorBoelen Arnaud
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from -€280 to -€44,981Loss of €58,069Equity from €67,559 to €9,491Investments €6,472Cash from €30,695 to €0
Key points
from the 2025 annual accountsLosses
-€78,065 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€62,913 87% of the balance sheet
Financial debts 40%Suppliers 27%Taxes and wages 0%Other 33%
Investments
€6,472 3.5 × depreciation
Green is investment, beige is depreciation. Machinery stands 178.8% higher than in 2024.
Filings
18 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€58,069
Lower net result than 95% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.
Turnover not published (micro format)
Checked score
34
Weak
Financially stronger than 9% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.3% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.9%
01-2025: 1.9%● unchanged vs 12-2024
02-2025: 1.9%● unchanged vs 01-2025
03-2025: 1.9%● unchanged vs 02-2025
04-2025: 1.9%● unchanged vs 03-2025
05-2025: 1.8%▼ -0.1 percentage points vs 04-2025
06-2025: 1.8%● unchanged vs 05-2025
07-2025: 2.0%▲ +0.2 percentage points vs 06-2025
08-2025: 2.5%▲ +0.5 percentage points vs 07-2025
09-2025: 2.8%▲ +0.3 percentage points vs 08-2025
10-2025: 1.3%▼ -1.5 percentage points vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.2%▼ -0.1 percentage points vs 04-2026
06-2026: 1.1%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 1.2%▲ +0.1 percentage points vs 06-2026
08-2026: 1.4%▲ +0.2 percentage points vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 5.3%▲ +3.9 percentage points vs 09-2026highest value
11-2026: 5.3%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 61 days late; 2 of the last 3 accounts late
Loss of €58,069, the second in a row (financial year 2025)
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Size: total assets €72,404
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 41, micro). It does better than 20% of them on solvency, 4% on liquidity, 5% on profitability and 6% on growth.
The bankruptcy probability was computed on 10-11-2026 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 elevated class on 30-06-2025, 6.3% 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, 1,294 companies had the same profile as PARABAT has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PARABAT itself is higher: 5.3% within 12 months. It rests on far more data about PARABAT than the profile alone.
Test of the method
The method was tested on the 497,447 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 1,294 companies, not a prediction for PARABAT. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.01 (2.07 in 2024), below the usual 1.5. Short-term debt is 86.9% and cash 0% of total assets. 86.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€58,069
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9462 sector peers (2025).
NBB · sector comparisonPosition among 9462 sector peers
Solvency
better than 21%
← weakest
strongest →
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
61 days late
2024
42 days late
2023
28 days late
2022
46 days late
2021
11 days early
2020
31 days late
2019
87 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 41 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 11 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0893095331
First establishment
Ayrifagne 6, Theux
Incorporation
published on 07-11-2007 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PARABAT Theux | - | - | 13.1% | - |
| CO² HABITAT Liège | - | - | -1.2% | - |
| BOUWWERKEN VAN DE VLIET Aarschot | €79,502 | -25.3% | 96.1% | - |
| Krea-bys Haacht | - | - | 65.7% | - |
| PJV Construct Bierbeek | - | - | 73.4% | - |
| MSC-PROJECTS Antwerp | €1,807 | - | 97.1% | - |
| AZ CONSTRUCTION GENERALE Charleroi | €96,011 | -5.1% | 91.1% | - |
These companies have the same main activity as PARABAT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €65,900 and €81,000, founded between 2005 and 2009.
Official details
Source: KBO- Status
- Active since 26-10-2007Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.166.301.7904910 Theux, since 26-11-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Insights on PARABAT
PARABAT files the micro format. That format states no turnover. The gross margin fell from €93,596 in 2008 to -€44,981 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 PARABAT
- What is the company number of PARABAT?
- The company number of PARABAT is 0893.095.331. The VAT number is the same number with BE in front: BE 0893.095.331.
- Where is PARABAT based?
- The registered office is at Rue du Pied de la Fagne 5, 4910 Theux.Company details
- What does PARABAT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of PARABAT?
- PARABAT is a private limited company (pre-2019) (BVBA).
- When was PARABAT founded?
- PARABAT was founded on 26-10-2007.
- Is PARABAT still active?
- Yes, PARABAT is an active enterprise in the KBO register.
- How many employees does PARABAT have?
- PARABAT had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does PARABAT fall under?
- In its 2024 annual accounts, PARABAT states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PARABAT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is PARABAT profitable?
- In financial year 2025, PARABAT made a loss of €58,069.
- Where can I find the annual accounts of PARABAT?
- PARABAT filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PARABAT due?
- PARABAT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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