PARAF PROJECTS
Annual accounts 2025
micro format, filed on 27-07-2026, 4 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €68,000. Estimated: probably between €37,000 and €170,000.
Balance sheet
balance sheet total €503,584 on 31-12-2025in euro
in euro
Position in the sector
1.4%
Higher than 22% of 17,199 companies in 2025.
0.07
Higher than 8% of 16,496 companies in 2025.
0.3%
Higher than 41% of 16,875 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
503,584 | 513,280 | 785,809 | 754,152 | 542,293 | |
21/28 |
487,937 | 487,937 | 463,303 | - | - | |
22/27 |
487,937 | 487,937 | 463,303 | - | - | |
22 |
481,968 | 481,968 | 463,303 | - | - | |
23 |
5,968 | 5,968 | - | - | - | |
29/58 |
15,648 | 25,343 | 322,506 | 754,152 | 542,293 | |
3 |
- | 0 | 298,000 | 530,536 | 504,727 | |
30/36 |
- | - | - | 250,536 | 249,727 | |
37 |
- | 0 | 298,000 | 280,000 | 255,000 | |
40/41 |
72 | 2,503 | 2,096 | 73 | 15,939 | |
40 |
- | - | - | - | 15,781 | |
41 |
72 | 2,503 | 2,096 | 73 | 158 | |
54/58 |
15,575 | 22,840 | 22,410 | 223,543 | 21,627 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
503,584 | 513,280 | 785,809 | 754,152 | 542,293 | |
10/15 |
7,255 | 5,554 | 4,155 | 18,287 | 16,021 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
13 |
16,287 | 16,287 | 16,287 | 16,287 | 14,021 | |
133 |
16,287 | 16,287 | 16,287 | 16,287 | 14,021 | |
14 |
-11,032 | -12,732 | -14,132 | - | - | |
17/49 |
496,329 | 507,725 | 781,654 | 735,865 | 526,272 | |
17 |
261,039 | 272,649 | 280,455 | - | - | |
170/4 |
257,639 | 269,249 | 280,455 | - | - | |
178/9 |
3,400 | 3,400 | - | - | - | |
42/48 |
235,290 | 235,077 | 501,198 | 735,865 | 526,272 | |
42 |
11,610 | 11,207 | 10,817 | - | - | |
43 |
- | 0 | 135,000 | 300,000 | 265,560 | |
430/8 |
- | 0 | 135,000 | 300,000 | 265,560 | |
44 |
927 | 200 | - | 5,363 | 1,440 | |
440/4 |
927 | 200 | - | 5,363 | 1,440 | |
45 |
- | - | - | 7,391 | 5,258 | |
450/3 |
- | - | - | 7,391 | 5,258 | |
47/48 |
222,753 | 223,670 | 355,381 | 423,112 | 254,014 | |
| Income statement | ||||||
9900 |
17,634 | 11,114 | 13,960 | 17,206 | 21,406 | |
630 |
0 | 4,028 | - | - | - | |
640/8 |
5,950 | 808 | 3,447 | 1,765 | 280 | |
9901 |
11,684 | 6,277 | 10,513 | 15,441 | 21,126 | |
75/76B |
- | 0 | 4 | 5 | 2 | |
75 |
- | 0 | 4 | 5 | 2 | |
65/66B |
9,983 | 4,878 | 24,649 | 12,284 | 1,849 | |
65 |
9,983 | 4,878 | 24,649 | 12,284 | 1,849 | |
9903 |
1,701 | 1,399 | -14,132 | 3,162 | 19,279 | |
67/77 |
- | - | - | 896 | 5,258 | |
9904 |
1,701 | 1,399 | -14,132 | 2,266 | 14,021 | |
9905 |
1,701 | 1,399 | -14,132 | 2,266 | 14,021 | |
| Appropriation of the result | ||||||
9906 |
-11,032 | -12,732 | -14,132 | 2,266 | 14,021 | |
14P |
-12,732 | -14,132 | - | - | - | |
691/2 |
- | - | - | 2,266 | 14,021 | |
6921 |
- | - | - | 2,266 | 14,021 | |
| Document | ||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-07-2026 | 2026-00334382 | |
| 31-12-2024 | micro format | 22-07-2025 | 2025-00294518 | |
| 31-12-2023 | abbreviated format | 04-07-2024 | 2024-00206695 | |
| 31-12-2022 | abbreviated format | 28-07-2023 | 2023-00284630 | |
| 31-12-2021 | abbreviated format | 28-07-2022 | 2022-20251465 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 11,684 | 10,306 | - | - | - | ||
| 1,701 | 5,427 | - | - | - | ||
| 0 | 28,662 | 463,303 | - | - | ||
| -7,265 | 430 | -201,133 | 201,916 | - | ||
| -219,642 | -209,733 | -178,693 | 18,287 | 16,021 | ||
| 1.4% | 1.1% | 0.5% | 2.4% | 3.0% | ||
| 0.07 | 0.11 | 0.64 | 1.02 | 1.03 | ||
| 0.07 | 0.11 | 0.05 | 0.30 | 0.07 | ||
| 68.41 | 91.41 | - | 40.24 | 32.85 | ||
| 23.4% | 25.2% | -340.1% | 12.4% | 87.5% | ||
| 0.3% | 0.3% | -1.8% | 0.3% | 2.6% | ||
| 1.17 | 2.11 | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts guaranteed by Belgian public bodies | - | - | - | €300,000 | €265,000 |
| Mortgages, amount registered | - | - | €302,500 | - | - |
| Carrying value of the mortgaged assets | - | - | €463,303 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €28,662 | €463,303 | - | - |
| €0 | €4,028 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on PARAF PROJECTS
The operating result for 2025 is 86% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 98.9% to 98.6%. Equity is higher and debt is lower.