Equity
€276,782 ▲ 9.2%
PARALLEL has made a profit without a break since 2016.
PARALLEL
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €91,022 (2024)
€80,827▼ 11.2%
lowest -€17,754 (2008)
€49,339▼ 24.1%
peak €276,782 (2025)
€276,782▲ 9.2%
€29,185▼ 38.5%
peak 1.9 FTE (2007)
-not published
Board4 names since 2009
3 directors and 2 others
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Dividend €26,011Debts from €47,479 to €29,185Investments €31,872
Key points
from the 2025 annual accountsTurnover
≈ €390,000 estimated
The micro format states no turnover.
Investments
€31,872 3.3 × depreciation
Green is investment, beige is depreciation.
Liquidity
8.49 was 5.50 in 2024
Short-term debts fell from €46,779 to €28,285.
Filings
37 annual accounts since 1989
Five of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.
Position in the sector
90.5%
Higher solvency than 94% of companies in retail trade. Sector median 33.1% · 22,939 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as PARALLEL has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,356 companies, not a prediction for PARALLEL. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0435992333
Changes of role: (director) and (director)
General meeting of 24-07-2023 · Gazette deed
Capital decrease of €36,112.50 to €18,592.01
Capital from €54,704.51 to €18,592.01 · “De handel in de meest ruime zin van het woord in textiel, textielwaren en toebehoren allerhande, inzonderheid…” (deed in Dutch) · General meeting of 02-07-2018 · Gazette deed
Appointment: (manager)
General meeting of 01-05-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PARALLEL Merchtem | €305,967 | €80,827 | 90.5% | - |
| VINCA Veurne | €324,904 | €88,447 | 46.2% | - |
| CAMPION Boussu | €348,094 | €75,523 | 71.4% | - |
| MOVE Nivelles | €311,427 | €64,133 | -23.1% | - |
| SUBLIM'S Nijlen | €301,311 | €69,164 | 72.5% | - |
| NEW LOOK Pittem | €259,324 | €77,922 | 70.9% | 0.1 |
| J.A.M. INTERNATIONAL Beersel | €254,040 | €67,636 | 79.7% | - |
These companies have the same main activity as PARALLEL: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €254,000 and €348,000, founded between 1987 and 1993.
Official details
Source: KBO- Status
- Active since 12-12-1988Normal situation
- Activity
- Retail sale of clothing and accessories for women, men, children and babies (general range)NACE 47716
- Establishment unit
- 2.041.317.1911785 Merchtem, since 21-12-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 27-11-2025
Annual accounts 2025
- €305,967▲ 1.7%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on PARALLEL
PARALLEL files the micro format. That format states no turnover. The gross margin rose from €74,390 in 2006 to €80,827 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PARALLEL
- What is the company number of PARALLEL?
- The company number of PARALLEL is 0435.992.333. The VAT number is the same number with BE in front: BE 0435.992.333.
- Where is PARALLEL based?
- The registered office is at Markt 14, 1785 Merchtem.Company details
- What does PARALLEL do?
- According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
- What is the legal form of PARALLEL?
- PARALLEL is a private limited company (BV).
- When was PARALLEL founded?
- PARALLEL was founded on 12-12-1988.
- Is PARALLEL still active?
- Yes, PARALLEL is an active enterprise in the KBO register.
- How many employees does PARALLEL have?
- PARALLEL had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of PARALLEL?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €80,827 and 45 comparable companies (NACE 477). It probably lies between €210,000 and €530,000.
- Is PARALLEL profitable?
- In financial year 2025, PARALLEL made a profit of €49,339.
- Where can I find the annual accounts of PARALLEL?
- PARALLEL filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PARALLEL due?
- PARALLEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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