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PARACHUTE

Active
Private limited companyfounded 198838 yrs activeHeiststeenweg 57, 2580 Putte, BelgiumKBO/BCE: BE 0433.978.493
Summary

The computed 12-month bankruptcy probability of PARACHUTE is 2.9% (moderate). The 2024 annual accounts show equity of €504,599 and a net result of €30,468. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 42% of 9526 sector peers (fiscal year 2024). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
PARACHUTEActiveChecked score 51/100
Risk analysis ReportCompare

Overview

Activity
Office administrative and support services
NACE 82100NACE 82110
#1 oldest company in Putte, Administrative and support services sector1 site
Size
€1.2mtotal assets 2024
Equity
€504,599
Profit
€30,468
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2024
Bankruptcy chance 12 m
2.9%
Structure
Accounts 67 d overdue1 of 3 deeds read
Why 51- Figures for FY 2024 (filed 14-10-2025)- Liquidity: current ratio 0.17, cash €1,812, halved- 1 change of registered office in 24 months+ Founded in 1988Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 39% of its sector peers (NACE 82, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 66-8
equity 41.3% of total assets
Liquidity 33-48
short-term debt 36.8% · cash 0.1%
Profitability 72-28
return on assets 2.5%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,603 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%● 0.0% vs 12-2024lowest value 02-2025: < 0.1%▲ +3.6% vs 01-2025 03-2025: < 0.1%● 0.0% vs 02-2025 04-2025: < 0.1%▼ -3.4% vs 03-2025lowest value 05-2025: < 0.1%▲ +3.6% vs 04-2025 06-2025: < 0.1%▲ +6.9% vs 05-2025 07-2025: < 0.1%▲ +19.4% vs 06-2025 08-2025: 0.1%▲ +35.1% vs 07-2025 09-2025: 0.1%▲ +18.0% vs 08-2025 10-2025: 0.1%▲ +61.0% vs 09-2025 11-2025: 0.4%▲ +366% vs 10-2025 12-2025: 0.4%● 0.0% vs 11-2025 01-2026: 0.4%● 0.0% vs 12-2025 02-2026: 0.4%▲ +1.4% vs 01-2026 03-2026: 0.5%▲ +0.7% vs 02-2026 04-2026: 0.4%▼ -2.4% vs 03-2026 05-2026: 0.4%▲ +1.6% vs 04-2026 06-2026: 0.5%▲ +0.9% vs 05-2026 07-2026: 0.5%▲ +9.1% vs 06-2026 08-2026: 0.9%▲ +74.0% vs 07-2026 09-2026: 1.9%▲ +121% vs 08-2026 10-2026: 2.9%▲ +51.8% vs 09-2026highest value
  • Figures for FY 2024 (filed 14-10-2025) raises the probability
  • Liquidity: current ratio 0.17, cash €1,812, halved raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Founded in 1988 lowers the probability for this profile
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.17 against 1.92 in 2023; short-term debt: 36.8% and cash: 0.1% of total assets), and 58.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, micro). Better than this share of them on solvency 44%, liquidity 19%, profitability 41%, growth against the median 52%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 14-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.17, cash €1,812, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Founded in 1988
In the bankruptcy model this factor lowers the probability for this profile.
KBO
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
75 d late
2023
43 d early
2022
18 d early
2021
117 d early
2020
38 d early
2019
50 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Equity above €500,000Eq €504,599 ▲6.4%

Key points

  • Caution: Result fell in 2024from €336,822 to €30,468 ▼ 91.0% View
  • Positive: Oldest company in Putte, Administrative and support services…in the Checked rankings #1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Positive: 7 profitable years in a rowprofit 2024: €30,468 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€1.2m
Profit
€30,468
Solvency
41.3%
Total assets▲ 26.8%
Net result
20182024
Go to Financials

Timeline

Events
17
Since
2016
  1. 04-08-2026Registered office
  2. 14-10-2025Annual accounts filed
  3. 31-12-2024Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Office administrative and support servicesNACE 82100
Founded
13-04-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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