PARAGRAPHE
ActivePARAGRAPHE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €-4k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 86% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
78
/ 100
Excellent▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 8.08 against 6.86 in 2024), and 21.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
28 d late
2023
28 d late
2022
28 d late
2021
15 d late
2020
19 d late
2019
21 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€102k▼ 4.0%
2024 · €106k
2018: €96k
2019: €98k
2020: €110k
2021: €110k
2022: €110k
2023: €111k
2024: €106k
2018 → 2025
Total assets
€130k▼ 10.2%
2024 · €144k
2018: €115k
2019: €113k
2020: €132k
2021: €128k
2022: €126k
2023: €159k
2024: €144k
2018 → 2025
Net result
€-4k▲ 13.0%
2024 · €-5k
2018: €-205
2019: €2k
2020: €13k
2021: €-627
2022: €-58
2023: €1k
2024: €-5k
2018 → 2025
Working capital
€96k▼ 3.5%
2024 · €99k
2018: €94k
2019: €95k
2020: €109k
2021: €108k
2022: €109k
2023: €104k
2024: €99k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€110k-€110k▼ 0.1%€111k▲ 1.3%€106k▼ 4.4%€102k▼ 4.0%
Operating result€-210-€330€3k▲ 832%€-4k€-3k▲ 13.0%
Net result€-627-€-58▲ 90.7%€1k€-5k€-4k▲ 13.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130k
Fixed assets
€20k▼ 27.8%
Current assets
€110k▼ 5.9%
Equity and liabilities €130k
Equity
€102k▼ 4.0%
Debt
€28k▼ 27.3%
The debt ratio falls from 26.4% to 21.3%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€5k▲
2024 · €4k
Cash flow
€3k▲
2024 · €3k
Solvency
78.7%▲
2024 · 73.6%
Current ratio
8.08▲
2024 · 6.86
Quick ratio
1.90▲
2024 · 1.27
Debt / equity
0.27▼
2024 · 0.36
ROE
-4.2%▲
2024 · -4.6%
ROA
-3.3%▲
2024 · -3.4%
Interest coverage
3.20▲
2024 · 2.45
Debt
€28k▼
2024 · €38k
Debt ≤ 1 year
€14k▼
2024 · €17k
Debt > 1 year
€14k▼
2024 · €21k
Income taxes
€294▲
2024 · €174
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€144k€130k▼
Fixed assets21/28€28k€20k▼
Tangible fixed assets22/27€28k€20k▼
Furniture and vehicles24€26k€19k▼
Other tangible fixed assets26€267€108▼
Assets under construction and advance payments27€2k€1k▼
Current assets29/58€116k€110k▼
Stocks and contracts in progress3€95k€84k▼
Stocks30/36€95k€84k▼
Amounts receivable within one year40/41€13k€18k▲
Trade receivables40€3k€1k▼
Other amounts receivable41€9k€17k▲
Cash at bank and in hand54/58€8k€7k▼
Deferred charges and accrued income490/1€843€700▼
Equity and liabilities
Total equity and liabilities10/49€144k€130k▼
Equity10/15€106k€102k▼
Contributions10/11€19k€19k=
Reserves13€91k€91k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€89k€91k▲
Profit (loss) carried forward14€-3k€-8k▼
Amounts payable17/49€38k€28k▼
Amounts payable after more than one year17€21k€14k▼
Financial debts170/4€21k€14k▼
Amounts payable within one year42/48€17k€14k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€4k▼
Accrued charges and deferred income492/3-€400
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-9k
Other operating charges640/8€1k€1k▲
Gross operating margin9900€5k€-3k▼
Operating profit (loss)9901€-4k€-3k▲
Financial income75/76B€580€619▲
Recurring financial income75€580€619▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-5k€-4k▲
Income taxes67/77€174€294▲
Profit (loss) for the period9904€-5k€-4k▲
Profit (loss) for the period to be appropriated9905€-5k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-8k▼
Profit (loss) brought forward from the previous period14P€1k€-3k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-5k ▼448%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Highest result since 2018net €13k ▲661%
Operating result €16k, net result €13k, both a record.
31-12
Financial
Equity above €100kEq €110k ▲13.2%
2 profitable years in a row build equity to €110k.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Enghien · 2 establishment units since 1992
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.
Brusselstraat(E) 437850 EnghienGround area
854 m²
Building footprint
171 m²
Volume, LiDAR
1,651 m³
2 parcels, Wallonia · tallest building 15.3 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
PARAGRAPHE SPRLU
since 19922.058.039.102
Rue Centrale 37, 7063 Soignies
since 20022.058.039.201
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53058A0477/00K000 | Wallonia | 641 m² | 1 · 117 m² | 11.1 m · 3 fl. |
| 55010C0276/00M000 | Wallonia | 213 m² | 1 · 54 m² | 15.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
J.S.A. EVENTS
BE 0835.774.566
Brussel · Eq €102k
BOKE
BE 0460.070.901
Herk-de-Stad · Eq €102k
FREVAN DECOR
BE 0505.969.618
Waregem · Eq €102k
LEVEAUX-MS
BE 0817.600.231
Theux · Eq €101k
JOVITEX
BE 0464.364.536
Evergem · Eq €101k
Of 1,268 companies in sector 47512 we hold annual accounts for 579. 491 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1991
Fiscal year end31-12
Activities, NACEBEL
47512Retail sale of household textiles and bedding
52410
47721Retail sale of footwear
47722Retail trade
47784Retail sale of souvenirs and religious articles
47786Retail trade
52497
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.