Equity
Equity fell by 87% in 7 years.
Equity fell by 87% in 7 years.
Every financial year from 2020 to 2026 closed with a loss. 2024 was the heaviest.
Green is investment, beige is depreciation.
Between 2018 and 2026, 57% of the full-time equivalents disappeared.
Five of the last ten came late. The 2018 accounts came latest: 54 days after the end of the period.
The dashed line is the sector median: 0.1% across 932 companies (NACE 72, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 72, micro). It does better than 38% of them on solvency, 34% on liquidity, 39% on profitability and 24% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 4,805 companies had the same profile as PARALLAXTER has now. Each dot stands for 13 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PARALLAXTER itself: 0.9% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,805 companies, not a prediction for PARALLAXTER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.36 (0.43 in 2025), below 1. Short-term debt is 15% and cash 3% of total assets. 61.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| PARALLAXTER Koekelberg | €0.6m | €0.5m | 38.9% | 4 |
| RAYFERENCE Brussels | €0.5m | €0.5m | 27.6% | 4.1 |
| CTI Clinical Trial and Consulting Services Belgium Woluwe-Saint-Pierre | €0.7m | €1.3m | 55.8% | 8.7 |
| CABINET MEDICAL CHAPMAN Spa | €0.5m | €0.5m | 17.0% | 2.9 |
| SILLAR CLINICAL Sint-Martens-Latem | €0.8m | €0.6m | 10.5% | 5.9 |
| STAPHYT BELGIQUE Perwez | €1.3m | €0.6m | 4.0% | 5 |
| TRACE Leuven | €0.5m | €0.9m | 7.6% | 7.8 |
These companies have the same main activity as PARALLAXTER: other research and development on natural sciences (NACE 72109). They are comparable in size and age: total assets between €497,000 and €1.3m, founded between 2009 and 2018.
PARALLAXTER files the abbreviated format. That format states no turnover. The gross margin rose from €26,827 in 2015 to €519,928 in 2026.
V-NOVA holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.2m. Estimated: probably between €740,000 and €2.1m.
Higher than 44% of 271 companies in 2025.
Higher than 14% of 261 companies in 2025.
Higher than 18% of 265 companies in 2025.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2026 | 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
594,553 | 859,300 | 1.1m | 1.3m | 1.6m | 2.0m | 2.0m | 2.7m | 2.2m | 312,410 | 33,955 | |
21/28 |
562,763 | 785,787 | 1.0m | 1.3m | 1.5m | 1.7m | 2.0m | 2.4m | 1.6m | 285,482 | 15,588 | |
21 |
555,777 | 776,439 | 998,354 | 1.3m | 1.5m | 1.7m | 2.0m | 2.4m | 1.6m | 285,482 | 15,588 | |
22/27 |
5,436 | 7,798 | 12,001 | 13,238 | 5,352 | 6,982 | 19,860 | 19,043 | 28,978 | - | - | |
23 |
4,987 | 7,157 | 11,168 | 12,165 | 4,087 | 5,524 | 13,258 | 8,689 | 13,222 | - | - | |
24 |
- | - | - | - | - | 0 | 4,952 | 10,354 | 15,756 | - | - | |
26 |
448 | 641 | 833 | 1,073 | 1,265 | 1,458 | 1,650 | - | - | - | - | |
28 |
1,550 | 1,550 | 4,050 | 1,550 | 1,550 | 1,550 | 1,550 | 108 | 108 | - | - | |
29/58 |
31,790 | 73,513 | 60,036 | 24,546 | 50,647 | 277,449 | 57,838 | 324,193 | 550,625 | 26,928 | 18,368 | |
40/41 |
2,491 | 2,065 | 3,696 | 7,634 | 4,313 | 58,633 | 40,499 | 208,536 | 240,632 | 3,369 | - | |
40 |
91 | - | 321 | 3,710 | 1,628 | 50,309 | 5,969 | 11,522 | 86,622 | - | - | |
41 |
2,400 | 2,065 | 3,374 | 3,924 | 2,684 | 8,324 | 34,530 | 197,014 | 154,010 | 3,369 | - | |
54/58 |
18,001 | 55,411 | 42,420 | 15,670 | 41,998 | 218,429 | 16,237 | 91,762 | 288,113 | 23,558 | 18,368 | |
490/1 |
11,299 | 16,036 | 13,920 | 1,243 | 4,336 | 387 | 1,102 | 23,895 | 21,879 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
594,553 | 859,300 | 1.1m | 1.3m | 1.6m | 2.0m | 2.0m | 2.7m | 2.2m | 312,410 | 33,955 | |
10/15 |
231,376 | 315,951 | 616,193 | 208,511 | 569,375 | 1.2m | 1.7m | -632,939 | -76,874 | 37,199 | 27,182 | |
10/11 |
2.6m | 2.6m | 2.6m | 1.5m | 1.5m | 1.5m | 1.5m | 20,000 | 20,000 | 20,000 | 10,000 | |
100 |
- | - | - | - | - | - | 1.5m | 20,000 | 20,000 | 20,000 | 20,000 | |
101 |
- | - | - | - | - | - | - | - | - | - | 10,000 | |
13 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 15,149 | 15,149 | 15,149 | 2,000 | |
130/1 |
- | - | - | 2,000 | 2,000 | 2,000 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
1311 |
- | - | - | 2,000 | 2,000 | 2,000 | - | - | - | - | - | |
133 |
2,000 | 2,000 | 2,000 | - | - | - | - | 13,149 | 13,149 | 13,149 | - | |
14 |
-2.4m | -2.3m | -2.0m | -1.4m | -1.1m | -546,321 | -29,436 | -924,126 | -210,876 | 2,049 | 15,182 | |
15 |
39,058 | 64,039 | 88,900 | 121,557 | 148,541 | 175,952 | 227,378 | 256,037 | 98,852 | - | - | |
17/49 |
363,177 | 543,349 | 458,247 | 1.1m | 988,787 | 865,054 | 317,341 | 3.4m | 2.3m | 275,211 | 6,774 | |
17 |
274,066 | 369,422 | 306,579 | 913,890 | 638,283 | 589,256 | - | 2.1m | 600,000 | - | - | |
170/4 |
274,066 | 369,422 | 306,579 | 913,890 | 638,283 | 589,256 | - | 2.1m | - | - | - | |
178/9 |
- | - | - | - | - | - | - | - | 600,000 | - | - | |
42/48 |
89,112 | 172,552 | 151,668 | 189,595 | 350,504 | 275,798 | 317,341 | 1.3m | 1.7m | 275,211 | 6,774 | |
42 |
0 | 57,458 | 72,846 | 108,574 | 91,558 | 46,656 | - | - | - | - | - | |
44 |
5,399 | 14,761 | 23,539 | 36,849 | 5,105 | 11,543 | 27,412 | 192,429 | 286,908 | 273,808 | 476 | |
440/4 |
5,399 | 14,761 | 23,539 | 36,849 | 5,105 | 11,543 | 27,412 | 192,429 | 286,908 | 273,808 | 476 | |
45 |
75,354 | 95,294 | 53,438 | 30,536 | 44,118 | 13,452 | 90,926 | 97,655 | 18,851 | 1,055 | 4,901 | |
450/3 |
6,146 | 6,022 | - | 1,542 | 9,100 | 116 | 10,631 | 254 | - | 1,055 | 4,901 | |
454/9 |
69,208 | 89,272 | 53,438 | 28,995 | 35,018 | 13,336 | 80,294 | 97,401 | 18,851 | - | - | |
47/48 |
8,359 | 5,039 | 1,845 | 13,636 | 209,723 | 204,148 | 199,004 | 991,801 | 1.4m | 348 | 1,397 | |
492/3 |
- | 1,375 | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||
76A |
- | - | 7,854 | 199,667 | 48,433 | 100 | - | - | - | - | - | |
9900 |
519,928 | 335,907 | -33,675 | 52,344 | -163,210 | -76,404 | 2.3m | 91,294 | -39,859 | 7,632 | 26,827 | |
62 |
372,144 | 398,599 | 297,442 | 161,619 | 160,061 | 214,838 | 580,435 | 667,726 | 154,396 | - | - | |
630 |
226,810 | 228,048 | 288,222 | 237,557 | 240,701 | 248,007 | 291,548 | 93,867 | 8,907 | 3,897 | 3,897 | |
640/8 |
- | - | - | - | 123 | 877 | 5,160 | 25,001 | - | - | - | |
66A |
- | - | - | - | 0 | 0 | 561,300 | - | - | - | - | |
9901 |
-79,026 | -290,739 | -619,339 | -346,832 | -564,095 | -540,126 | 864,438 | -695,301 | -203,162 | 3,735 | 22,930 | |
75/76B |
25,082 | 25,150 | 32,735 | 27,032 | 27,412 | 28,575 | 29,974 | 12,319 | 1,635 | - | 5 | |
75 |
25,082 | 25,150 | 32,735 | 27,032 | 27,412 | 28,575 | 29,974 | 12,319 | 1,635 | - | 5 | |
76B |
- | - | - | - | 0 | - | - | - | - | - | - | |
65/66B |
5,651 | 9,791 | 18,513 | 14,080 | 18,113 | 5,198 | 12,762 | 30,015 | 11,538 | 630 | 118 | |
65 |
5,651 | 9,791 | 18,513 | 14,080 | 18,113 | 5,198 | 12,762 | 30,015 | 11,538 | 630 | 118 | |
9903 |
-59,595 | -275,381 | -605,117 | -333,880 | -554,796 | -516,750 | 881,650 | -712,996 | -213,065 | 3,105 | 22,817 | |
67/77 |
- | - | - | - | 49 | 135 | 110 | 254 | -140 | 1,055 | 5,635 | |
9904 |
-59,595 | -275,381 | -605,117 | -333,880 | -554,845 | -516,884 | 881,540 | -713,250 | -212,925 | 2,049 | 17,182 | |
9905 |
-59,595 | -275,381 | -605,117 | -333,880 | -554,845 | -516,884 | 881,540 | -713,250 | -212,925 | 2,049 | 17,182 | |
| Appropriation of the result | ||||||||||||
9906 |
-2.4m | -2.3m | -2.0m | -1.4m | -1.1m | -546,321 | -42,586 | -924,126 | -210,876 | 15,199 | 17,182 | |
14P |
-2.3m | -2.0m | -1.4m | -1.1m | -546,321 | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | 13,149 | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 13,149 | 2,000 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 2,000 | |
6921 |
- | - | - | - | - | - | - | - | - | 13,149 | - | |
| Social balance sheet | ||||||||||||
9087 |
4 | 4 | 2.7 | 2 | 2 | 2.8 | 7.6 | 9.4 | 2.4 | - | - | |
Hours worked1013 |
7,008 | 6,946 | 5,726 | 3,397 | 3,544 | 5,548 | 12,939 | 16,560 | 3,731 | - | - | |
| Document | ||||||||||||
The notes to these accounts have 13 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 2026 at the NBB, filed on 08-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 08-10-2026 | 2026-00550826 | |
| 31-03-2025 | full format | 04-11-2025 | 2025-00561251 | |
| 31-03-2024 | micro format | 07-10-2024 | 2024-00495784 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00177948 | |
| 31-12-2021 | full format | 24-08-2022 | 2022-20340352 | |
| 31-12-2020 | micro format | 08-07-2021 | 2021-34900080 | |
| 31-12-2019 | full format | 08-07-2020 | 2020-27800504 | |
| 31-12-2018 | full format | 23-09-2019 | 2019-65300541 | |
| 31-12-2017 | full format | 03-08-2018 | 2018-43300530 | |
| 31-12-2016 | full format | 31-08-2017 | 2017-58600361 | |
| 31-12-2015 | full format | 16-08-2016 | 2016-43100042 |
| Line | Trend | 2026 | 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 147,784 | -62,692 | -331,118 | -109,275 | -323,394 | -292,119 | 1.2m | -601,433 | -194,255 | 7,632 | 26,827 | ||
| 167,215 | -47,333 | -316,895 | -96,323 | -314,145 | -268,877 | 1.2m | -619,383 | -204,018 | 5,946 | 21,078 | ||
| 3,785 | 1,931 | 15,177 | 17,491 | 9,526 | 7,799 | 407,599 | 887,989 | 1.4m | 273,791 | 19,485 | ||
| -37,410 | 12,992 | - | -26,328 | -176,431 | 202,192 | -75,526 | -196,351 | 264,555 | 5,191 | - | ||
| -57,321 | -99,039 | -91,632 | -165,049 | -299,858 | 1,650 | -259,503 | -957,691 | -1.1m | -248,283 | 11,594 | ||
| 38.9% | 36.8% | 57.4% | 15.9% | 36.5% | 57.1% | 84.4% | -23.0% | -3.5% | 11.9% | 80.1% | ||
| 0.36 | 0.43 | 0.40 | 0.13 | 0.14 | 1.01 | 0.18 | 0.25 | 0.33 | 0.10 | 2.71 | ||
| 1.57 | 1.72 | 0.74 | 5.29 | 1.74 | 0.75 | 0.18 | - | - | 7.40 | 0.25 | ||
| -25.8% | -87.2% | -98.2% | -160.1% | -97.4% | -44.9% | 51.3% | - | - | 5.5% | 63.2% | ||
| -10.0% | -32.0% | -56.3% | -25.4% | -35.6% | -25.6% | 43.3% | -25.9% | -9.8% | 0.7% | 50.6% | ||
| 26.15 | -6.40 | -17.89 | -7.76 | -17.85 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 4 | 2 | 2 |
| full-time | 4 | 4 | 4 | 2 | 2 |
| in full-time equivalents | 4 | 4 | 4 | 2 | 2 |
| 4 | 4 | 2.7 | 2 | 2 | |
| On a permanent contract | 4 | 4 | 4 | 2 | 2 |
| Joined | - | - | 2 | - | - |
| Left | - | - | 0 | - | - |
Source: social balance sheet in the 2021 to 2026 annual accounts
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,785 | €1,931 | €6,177 | €11,221 | €2,746 |
| Intangible fixed assets | - | - | €6,500 | €6,270 | €6,780 |
| Financial fixed assets | - | - | €2,500 | - | - |
| €226,810 | €228,048 | €288,222 | €237,557 | €240,701 |
Source: notes to the 2021 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is a loss of €79,026, smaller than the loss of €290,739 in 2025.
Debt's share of the balance-sheet total falls from 63.2% to 61.1%. Equity and debt are lower.
Source: shareholder structure in its own accounts, parent in its own accounts
| EDMOND
registered office since 10-04-2000 · founded in 2000 · group COCOCINEL |
1 FTE (2025) 0471.650.919 |
| Sonhouse Brussels
registered office since 04-05-2007 · founded in 2007 · group COCOCINEL |
12 FTE (2025) 0889.201.869 |
| The Pack Brussels
registered office since 20-09-2017 · founded in 2006 · group THE HUB |
8.4 FTE (2025) 0883.233.104 |
| SONHOUSE GROUP
registered office since 08-07-2024 · founded in 2024 · group COCOCINEL |
total assets €1.6m (2025) 1011.290.623 |
| DE WERELDVREDE
establishment since 01-01-2021 · founded in 2013 |
3.9 FTE (2025) 0525.815.422 |
| NOZON
registered office since 14-04-1998 · founded in 1998 |
6.5 FTE (2024) 0462.668.818 |
| Tranzistor
registered office since 15-06-2018 · founded in 2018 · group THE HUB |
total assets €453,450 (2025) 0697.955.382 |
| Sonhouse Wallonie
establishment since 07-06-2022 · founded in 2011 · group COCOCINEL |
1.4 FTE (2025) 0838.553.122 |
| Panenka BXL
registered office since 06-06-2023 · founded in 2023 |
total assets €235,405 (2025) 0802.467.538 |
| Bits N Pencils
registered office since 14-10-2021 · founded in 2021 |
total assets €172,737 (2025) 0775.757.302 |
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Deschampheleerstraat 26 registered office 1081 Koekelberg | 20-10-2014 | 2.237.383.984 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21492B0371/00M004 | 3,228 m² | 1 · 2,473 m² | 18.2 m · 3 |
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