PARALAX ENGINEERING
ActiveSummary
PARALAX ENGINEERING has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197,241 and a net result of €54,487. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 70% of 9743 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▼-4
Solvency98▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 2.78 against 2.37 in 2024; short-term debt: 26.9% and cash: 20.3% of total assets), and 26.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.1%
Return on assets
20.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-02-2026, 62 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
62 d early
2024
61 d early
2023
7 d early
2022
2 d early
2021
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 19 April (4 of the last 5 filed years within 50 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€197,241=
2024 · €197,241
Total assets
€269,898▼ 2.5%
2024 · €276,712
Net result
€54,487▼ 16.0%
2024 · €64,851
Working capital
€129,091▲ 18.4%
2024 · €109,009
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€113,431-€88,882▼ 21.6%€75,029▼ 15.6%€81,826▲ 9.1%€74,059▼ 9.5%
Net result€81,957above the sector's middle half-€64,322above the sector's middle half▼ 21.5%€54,916above the sector's middle half▼ 14.6%€64,851above the sector's middle half▲ 18.1%€54,487above the sector's middle half▼ 16.0%
Equity€83,157within the sector's middle half-€147,479within the sector's middle half▲ 77.4%€201,563above the sector's middle half▲ 36.7%€197,241above the sector's middle half▼ 2.1%€197,241above the sector's middle half=
Total assets€102,611within the sector's middle half-€169,025within the sector's middle half▲ 64.7%€235,912within the sector's middle half▲ 39.6%€276,712within the sector's middle half▲ 17.3%€269,898within the sector's middle half▼ 2.5%
Debt€19,454-€21,546▲ 10.8%€34,350▲ 59.4%€79,471▲ 131%€72,658▼ 8.6%
Working capital€67,982within the sector's middle half-€111,924within the sector's middle half▲ 64.6%€106,171within the sector's middle half▼ 5.1%€109,009within the sector's middle half▲ 2.7%€129,091above the sector's middle half▲ 18.4%
Solvency81.0%above the sector's middle half-87.3%above the sector's middle half▲ 6.2pp85.4%above the sector's middle half▼ 1.8pp71.3%within the sector's middle half▼ 14.2pp73.1%within the sector's middle half▲ 1.8pp
Current ratio4.53above the sector's middle half-6.24above the sector's middle half▲ 1.714.13above the sector's middle half▼ 2.102.37within the sector's middle half▼ 1.762.78within the sector's middle half▲ 0.41
Return on assets (ROA)79.9%above the sector's middle half-38.1%above the sector's middle half▼ 41.8pp23.3%within the sector's middle half▼ 14.8pp23.4%within the sector's middle half▲ 0.2pp20.2%within the sector's middle half▼ 3.2pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €269,898
Fixed assets
€68,149 ▼ 22.8%
Current assets
€201,749 ▲ 7.0%
Equity and liabilities €269,898
Equity
€197,241 =
Debt
€72,658 ▼ 8.6%
Debt's share of the balance-sheet total falls from 28.7% to 26.9%. Debt is lower.
Key figures and ratios
EBITDA
€98,601▼
2024 · €105,091
Cash flow
€79,028▼
2024 · €88,115
Debt to equity
0.37▼
2024 · 0.40
ROE
27.6%▼
2024 · 32.9%
Interest coverage
557.73▲
2024 · 332.32
Debt ≤ 1 year
€72,658▼
2024 · €79,471
Income taxes
€19,624▲
2024 · €16,717
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,480 | €6,313 | €8,855 | €23,265 | €24,542 | ▲ 5.5% |
| Other operating charges640/8 | €50 | - | - | €200 | - | - |
| Gross operating margin9900 | €114,960 | €95,195 | €83,884 | €105,291 | €98,601 | ▼ 6.4% |
| Operating profit (loss)9901 | €113,431 | €88,882 | €75,029 | €81,826 | €74,059 | ▼ 9.5% |
| Financial income75/76B | €1 | €12 | €1,732 | €58 | €228 | ▲ 295% |
| Recurring financial income75 | €1 | €12 | €1,732 | €58 | €228 | ▲ 295% |
| Financial charges65/66B | €107 | €179 | €728 | €316 | €177 | ▼ 44.1% |
| Recurring financial charges65 | €107 | €179 | €728 | €316 | €177 | ▼ 44.1% |
| Profit (loss) for the period before taxes9903 | €113,324 | €88,715 | €76,033 | €81,568 | €74,110 | ▼ 9.1% |
| Income taxes67/77 | €31,367 | €24,393 | €21,116 | €16,717 | €19,624 | ▲ 17.4% |
| Profit (loss) for the period9904 | €81,957 | €64,322 | €54,916 | €64,851 | €54,487 | ▼ 16.0% |
| Profit (loss) for the period to be appropriated9905 | €81,957 | €64,322 | €54,916 | €64,851 | €54,487 | ▼ 16.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102,611 | €169,025 | €235,912 | €276,712 | €269,898 | ▼ 2.5% |
| Fixed assets21/28 | €15,346 | €35,726 | €95,852 | €88,232 | €68,149 | ▼ 22.8% |
| Intangible fixed assets21 | - | €1,347 | €2,082 | €2,252 | €905 | ▼ 59.8% |
| Tangible fixed assets22/27 | €15,346 | €34,379 | €92,770 | €84,980 | €66,244 | ▼ 22.0% |
| Land and buildings22 | - | €12,168 | €11,549 | €10,929 | €10,310 | ▼ 5.7% |
| Plant, machinery and equipment23 | €13,144 | €13,961 | €10,371 | €6,780 | €3,974 | ▼ 41.4% |
| Furniture and vehicles24 | €2,202 | €7,370 | €70,171 | €66,790 | €51,680 | ▼ 22.6% |
| Other tangible fixed assets26 | - | €880 | €680 | €480 | €280 | ▼ 41.7% |
| Financial fixed assets28 | - | - | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €87,265 | €133,299 | €140,060 | €188,480 | €201,749 | ▲ 7.0% |
| Amounts receivable after more than one year29 | - | - | €100,000 | €100,000 | €81,203 | ▼ 18.8% |
| Other amounts receivable291 | - | - | €100,000 | €100,000 | €81,203 | ▼ 18.8% |
| Amounts receivable within one year40/41 | €15,245 | €35,287 | €20,125 | €45,498 | €63,978 | ▲ 40.6% |
| Trade receivables40 | €15,245 | €29,759 | €19,833 | €44,535 | €54,846 | ▲ 23.2% |
| Other amounts receivable41 | - | €5,528 | €292 | €963 | €9,132 | ▲ 848% |
| Cash at bank and in hand54/58 | €71,480 | €97,003 | €19,399 | €41,842 | €54,788 | ▲ 30.9% |
| Deferred charges and accrued income490/1 | €540 | €1,009 | €537 | €1,141 | €1,779 | ▲ 56.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102,611 | €169,025 | €235,912 | €276,712 | €269,898 | ▼ 2.5% |
| Equity10/15 | €83,157 | €147,479 | €201,563 | €197,241 | €197,241 | = |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €81,157 | €141,157 | €195,241 | €195,241 | €195,241 | = |
| Distributable reserves133 | €81,157 | €141,157 | €195,241 | €195,241 | €195,241 | = |
| Profit (loss) carried forward14 | - | €4,322 | €4,322 | - | - | - |
| Amounts payable17/49 | €19,454 | €21,546 | €34,350 | €79,471 | €72,658 | ▼ 8.6% |
| Amounts payable after more than one year17 | - | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €19,283 | €21,375 | €33,889 | €79,471 | €72,658 | ▼ 8.6% |
| Trade debts44 | €4,164 | €5,896 | €10,392 | €1,156 | €3,121 | ▲ 170% |
| Suppliers440/4 | €4,164 | €5,896 | €10,392 | €1,156 | €3,121 | ▲ 170% |
| Taxes, remuneration and social security45 | €14,319 | €12,754 | €9,490 | €8,521 | €15,050 | ▲ 76.6% |
| Taxes450/3 | €14,319 | €12,754 | €9,490 | €8,521 | €15,050 | ▲ 76.6% |
| Remuneration and social security454/9 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | €800 | €2,725 | €14,007 | €69,795 | €54,487 | ▼ 21.9% |
| Accrued charges and deferred income492/3 | €171 | €171 | €460 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €81,957 | €64,322 | €54,916 | €64,851 | €54,487 | ▼ 16.0% |
| + Depreciation and write-downs630 | €1,480 | €6,313 | €8,855 | €23,265 | €24,542 | ▲ 5.5% |
| Operating cash flow (approximation) | €83,437 | €70,635 | €63,772 | €88,115 | €79,028 | ▼ 10.3% |
| Investment in fixed assets (approximation) | - | -€26,693 | -€68,981 | -€15,644 | -€4,459 | ▲ 71.5% |
| Change in cash | - | €25,523 | -€77,605 | €22,443 | €12,946 | ▼ 42.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-05
State Gazette act
Assemblee Generale - Annee ComptableStatutes amendment5 facts ▸
State Gazette act
Assemblee Generale - Annee Comptable
Statutes amendment5 facts ▸
- General meeting, 18-03-2026
- Statutes amendment, 20
- Other statement, prolongation transitoire de l'exercice social en cours, 31-12-2027
- Statutes amendment, 15
- Other statement, date transitoire de la prochaine assemblée générale ordinaire, 2027-06
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €54,487 ▼16%
Net result drops to €54,487, the lowest in the series.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €200,000Eq €201,563 ▲36.7%
3 profitable years in a row build equity to €201,563.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €100,000Eq €147,479 ▲77.4%
2 profitable years in a row build equity to €147,479.
19-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Braives · 1 establishment unit since 2020
Ground area
584 m²
Building footprint
62 m²
Volume, LiDAR
551 m³
Parcel 64015A0856/00G000, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PARALAX ENGINEERING
since 20202.306.953.473
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64015A0856/00G000 | Wallonia | 584 m² | 1 · 62 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Financial year
From 1 January to 31 December
Annual meeting
Third Thursday of June at 18:00
Recognitions · licences · registrations
Legal Entity Identifier
9845009EF538F781C960
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Of 11,567 companies in this sector we hold annual accounts for 6,567. 5,130 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded04-09-2020
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
47820Retail sale of motor vehicle parts and accessories
46150Agents in the wholesale of furniture, household goods and hardware
62900Other information technology and computer services
72101Research and development on biotechnology
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753688713
Also
9925:BE0753688713
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.