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PARALLAX

Active
Private limited companyfounded 1989active for 36 yearsHogenakkerstraat 76, 9140 Temse, BelgiumKBO/BCE: BE 0438.870.857
Summary

PARALLAX has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.0m and a net result of -€318,032. Equity has been shrinking by about 3.8% per year since 2018. Its solvency ranks better than 95% of 9,850 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-11-1989 Normal situation
Activity
Agents in non-specialised wholesale trade NACE 46190
Establishment unit
2.045.742.866 9140 Temse, since 22-11-1989
Financial year end
31 December
Peppol
Reachable since 28-08-2023

Board and ownership

Board

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€35,884
▼ 84.7%
Turnover
≈ €150,000
estimated
Loss
€318,032
▲ 188%
Equity
€8.0m
▼ 3.8%
Total assets
€8.3m
▼ 3.0%
Score breakdownraises riskLiquidity: current ratio 4.84, cash €0, halvedLoss of €318,032, the second in a row (financial year 2025)lowers riskFounded in 1989Equity €8.0m (96.3% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 96.3% of total assets
Liquidity 50-1
short-term debt 3.2% · cash 0.0%
Profitability 64-3
return on assets -3.8%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,375 companies, NACE 46, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value
Credit of up to €700,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.84 (5.95 in 2024), above the usual 1.5. Short-term debt is 3.2% and cash 0% of total assets. 3.7% of the assets are financed with debt and provisions.
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 46, small). It does better than 92% of them on solvency, 61% on liquidity, 51% on profitability and 24% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 4.84, cash €0, halved
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €318,032, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Equity €8.0m (96.3% of total assets)
NBB · annual accounts
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€318,032
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
on the day
2023
29 days late
2022
31 days late
2021
29 days late
2020
31 days late
2019
18 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 18 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€318,032 View
  • Caution: Result fell in 2025from -€110,386 to -€318,032 ▼ 188% View
  • Caution: Lower net result than 95% of companies in wholesale tradesector median €26,853 · 9,829 companies -€318,032 View

Recent changes

  1. · Gazette deed Changes of role: De Cock Charlotte, De Cock Jozef-Junior and De Cock PhilippeDirector discharge: De Cock Charlotte · Director discharge: De Cock Jozef-Junior · Director discharge: De Cock Philippe
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as PARALLAX: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €2.5m and €10m, founded between 1986 and 2001.

CompanyTotal assetsGross margin
PARALLAX Temse€8.3m€0.04m
DENNEDUIN Kortrijk€10.3m€0.03m
DISOFF Comines-Warneton€5.5m€0.09m
LYRAMA Elsene€2.5m€0.03m
ALL DRINKS Koksijde€2.7m€0.06m
CARHU - INVEST Rotselaar€5.1m€0.2m
KAJONI Veurne€4.0m€0.2m
Full comparison

Key facts about PARALLAX

What is the company number of PARALLAX?
The company number of PARALLAX is 0438.870.857. The VAT number is the same number with BE in front: BE 0438.870.857.
Where is PARALLAX based?
The registered office is at Hogenakkerstraat 76, 9140 Temse.Company details
What does PARALLAX do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of PARALLAX?
The legal form of PARALLAX is Private limited company (BV).
When was PARALLAX founded?
PARALLAX was founded on 10-11-1989.
Is PARALLAX still active?
Yes, PARALLAX is an active enterprise in the KBO register.
What is the turnover of PARALLAX?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €35,884 and 38 comparable companies (NACE 461). It probably lies between €98,000 and €400,000.Financials
Is PARALLAX profitable?
In financial year 2025, PARALLAX made a loss of €318,032.
Where can I find the annual accounts of PARALLAX?
PARALLAX filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PARALLAX due?
PARALLAX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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