PARALLEL

Active Private limited companyfounded 1988active for 37 yearsMarkt 14, 1785 MerchtemKBO/BCE: BE 0435.992.333

PARALLEL

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Overview

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989

Compare with

peak €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 accounts

Equity

€276,782 ▲ 9.2%

PARALLEL has made a profit without a break since 2016.

Turnover

≈ €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

Micro
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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

Credit check for an amount and term of your choice

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.

Signals

Board and ownership

Manager

Director

Board & ownership

Recent changes

27-11-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435992333

27-07-2023

Changes of role: (director) and (director) General meeting of 24-07-2023 · Gazette deed

13-07-2018

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

18-10-2017

Appointment: (manager) General meeting of 01-05-2009 · Gazette deed

All 53 events

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

Company details

Annual accounts 2025

: €80,827▼ 11.2%
: €49,339▼ 24.1%
: €276,782▲ 9.2%
: €305,967▲ 1.7%
Filing: Filed on 29-06-2026, 32 days before the end of the filing period

Financials

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.

Financials

Annual accounts 2025

micro format, filed on 29-06-2026, 32 days before the deadline

€80,827

▼ 11.2%

€65,262

▼ 23.0%

€49,339

▼ 24.1%

€211,877

▲ 0.6%

90.5%

▲ 6.2 percentage points

8.49

▲ 2.99

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €390,000. Estimated: probably between €210,000 and €530,000.

Balance sheet

balance sheet total €305,967 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

90.5%

Higher than 95% of 22,939 companies in 2025.

8.49

Higher than 93% of 22,068 companies in 2025.

16.1%

Higher than 80% of 22,218 companies in 2025.

PARALLEL Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	305,967	300,934	233,818	237,071	188,335	240,101	226,814	198,673	232,280	284,639	269,518	276,993	310,180	313,502	290,473	296,449	283,411	318,989	343,973	322,321
`21/28`	65,805	43,644	44,594	45,544	46,556	47,506	48,906	66,070	85,195	110,714	136,540	105,992	126,266	130,943	154,739	161,765	170,262	198,136	229,543	223,232
`22/27`	65,800	43,639	44,589	45,539	46,489	47,439	48,839	66,003	85,121	110,641	136,467	105,918	126,192	130,870	154,665	161,692	170,189	198,063	229,469	223,159
`22`	42,689	43,639	44,589	45,539	46,489	47,439	48,839	52,618	60,450	68,283	76,115	83,948	95,915	116,581	137,248	153,409	153,526	173,020	196,046	219,799
`23`	-	-	-	-	-	-	-	-	379	758	1,137	4,195	5,358	8,037	10,716	-	-	-	-	-
`24`	23,111	-	-	-	-	-	-	13,386	24,292	41,600	59,215	17,776	24,920	6,252	6,702	8,283	16,663	25,043	33,423	3,360
`28`	5	5	5	5	67	67	67	67	73	73	73	73	73	73	73	73	73	73	73	73
`29/58`	240,162	257,290	189,225	191,527	141,779	192,595	177,907	132,603	147,085	173,924	132,977	171,002	183,914	182,559	135,734	134,684	113,149	120,853	114,431	99,088
`3`	38,341	35,216	40,026	40,431	47,706	64,816	74,985	63,103	52,272	59,167	57,589	60,720	61,131	61,896	66,244	67,539	105,797	107,947	95,845	87,052
`30/36`	38,341	35,216	40,026	40,431	47,706	64,816	74,985	63,103	52,272	59,167	57,589	60,720	61,131	61,896	66,244	67,539	105,797	107,947	95,845	87,052
`40/41`	987	10,770	6,181	5,196	3,651	7,965	6,099	9,554	11,954	13,398	19,650	13,799	13,834	17,400	17,250	5,393	4,017	9,142	8,648	5,159
`40`	987	4,514	4,977	5,196	1,541	7,908	4,355	5,365	9,499	13,180	13,928	10,653	11,599	17,094	17,178	4,176	4,017	4,191	4,436	5,159
`41`	-	6,256	1,205	-	2,110	57	1,744	4,189	2,455	218	5,722	3,146	2,235	305	71	1,217	-	4,951	4,213	-
`50/53`	125,000	125,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`54/58`	73,588	84,354	140,752	143,739	88,337	117,796	94,878	58,061	81,928	98,579	54,925	95,331	107,766	103,171	51,505	61,620	2,293	2,362	7,460	5,448
`490/1`	2,245	1,950	2,265	2,161	2,086	2,018	1,945	1,885	931	2,780	814	1,152	1,184	92	736	131	1,042	1,402	2,477	1,429
Balance sheet: equity and liabilities
`10/49`	305,967	300,934	233,818	237,071	188,335	240,101	226,814	198,673	232,280	284,639	269,518	276,993	310,180	313,502	290,473	296,449	283,411	318,989	343,973	322,321
`10/15`	276,782	253,455	188,472	142,345	118,731	126,105	115,688	93,404	125,972	125,789	111,833	112,713	65,998	84,591	60,741	61,381	29,242	9,171	26,925	31,337
`10/11`	1,592	1,592	1,592	18,592	18,592	18,592	18,592	18,592	54,705	54,705	54,705	54,705	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
`100`	-	-	-	-	-	-	18,592	18,592	54,705	54,705	54,705	54,705	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
`13`	275,190	251,863	186,880	123,753	100,139	107,513	97,096	74,812	71,267	71,085	58,370	58,009	47,406	65,999	46,503	46,503	46,503	46,503	46,503	46,503
`130/1`	-	-	-	3,359	3,359	3,359	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	3,359	3,359	3,359	3,359	3,359	3,359	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859
`1311`	-	-	-	3,359	3,359	3,359	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	275,190	251,863	186,880	120,393	96,780	104,154	93,737	71,452	67,908	67,725	55,011	54,650	45,547	64,140	44,644	44,644	44,644	44,644	44,644	44,644
`14`	-	-	-	-	-	-	-	-	-	-	-1,242	-	-	-	-4,355	-3,715	-35,853	-55,925	-38,170	-33,758
`17/49`	29,185	47,479	45,346	94,726	69,603	113,996	111,126	105,269	106,308	158,850	157,685	164,280	244,182	228,911	229,732	235,068	254,170	309,819	317,048	290,984
`17`	-	-	-	-	-	33,000	33,000	33,000	43,271	70,360	81,258	56,848	79,595	98,837	131,390	163,447	115,024	138,365	118,480	114,729
`170/4`	-	-	-	-	-	-	-	-	10,271	20,360	31,258	6,848	29,595	48,837	81,390	113,447	65,024	88,365	118,480	114,729
`178/9`	-	-	-	-	-	33,000	33,000	33,000	33,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	-	-
`42/48`	28,285	46,779	44,646	94,026	68,903	80,996	78,126	72,269	63,037	88,490	76,427	107,432	163,928	130,074	98,343	71,621	139,146	171,454	198,569	176,255
`42`	-	-	-	-	-	-	-	10,271	10,088	10,898	15,590	22,747	36,443	31,589	31,093	30,613	22,377	29,150	29,150	19,576
`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,964	35,546	41,292	27,859
`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,964	35,546	41,292	27,859
`44`	4,106	6,855	13,124	5,796	5,218	7,913	9,992	8,091	23,066	3,133	4,726	4,702	4,388	17,316	12,870	27,319	10,711	28,090	13,686	14,661
`440/4`	4,106	6,855	13,124	5,796	5,218	7,913	9,992	8,091	23,066	3,133	4,726	4,702	4,388	17,316	12,870	27,319	10,711	28,090	13,686	14,661
`45`	23,540	31,736	24,850	28,593	16,574	16,073	16,074	10,407	22,591	18,179	3,843	22,850	25,072	15,347	5,390	13,002	10,308	20,221	17,740	16,885
`450/3`	23,540	31,736	24,850	28,593	16,574	16,073	16,033	6,808	20,212	13,533	2,015	16,755	17,544	12,059	4,589	12,728	9,963	12,744	6,772	9,737
`454/9`	-	-	-	-	-	-	42	3,599	2,379	4,647	1,828	6,095	7,528	3,288	801	274	345	7,477	10,968	7,147
`47/48`	638	8,188	6,672	59,638	47,111	57,010	52,060	43,499	7,292	56,280	52,268	57,132	98,025	65,823	48,989	688	84,786	58,445	96,700	97,275
`492/3`	900	700	700	700	700	-	-	-	-	-	-	-	659	-	-	-	-	-	-	-
Income statement
`76A`	-	-	-	-	-	-	-	-	-	-	5,430	-	3,167	-	-	-	-	-	4,000	-
`9900`	80,827	91,022	89,204	54,550	48,295	27,470	65,923	46,810	54,489	72,737	34,139	60,044	56,419	69,176	43,647	70,326	72,358	66,623	83,620	74,390
`62`	-	-	69	69	-	21	1,833	21,933	27,119	22,057	1,556	16,930	-	-	3,860	-	9,268	33,397	39,795	26,875
`630`	9,710	950	950	950	950	1,401	17,164	21,597	25,520	25,826	30,181	22,169	30,490	25,327	33,304	29,170	27,874	31,406	35,104	27,778
`640/8`	5,855	5,294	4,645	4,392	3,884	4,392	3,972	3,919	3,903	4,022	3,984	4,132	4,181	3,692	4,153	3,466	3,405	3,324	4,112	3,611
`9901`	65,262	84,777	83,539	49,139	43,461	21,657	42,953	-639	-2,052	20,832	-1,582	16,813	21,748	40,157	2,330	37,691	31,812	-1,504	4,608	16,125
`75/76B`	6,226	7,546	6,086	4,275	6,025	7,024	6,996	7,641	7,379	8,055	6,780	7,065	7,474	6,264	5,850	3,131	1,555	549	2,706	3,565
`75`	6,226	7,546	6,086	4,275	6,025	5,024	6,996	7,641	7,379	8,055	6,780	7,065	7,474	6,264	5,850	3,131	1,555	549	2,706	3,565
`76B`	-	-	-	-	-	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	1,761	1,442	1,660	1,376	1,678	1,357	1,477	1,906	2,597	6,102	5,883	7,484	4,328	4,971	8,820	8,682	13,296	16,799	15,726	15,965
`65`	1,761	1,442	1,660	1,376	1,678	1,357	1,477	1,906	2,597	6,102	5,883	7,484	4,328	4,971	8,820	8,682	13,296	16,799	15,726	15,965
`9903`	69,727	90,881	87,965	52,037	47,809	27,324	48,472	5,097	2,730	22,785	4,744	16,394	28,062	41,450	-640	32,139	20,071	-17,754	-4,412	3,726
`67/77`	20,388	25,899	24,837	15,710	14,155	7,443	11,188	1,553	2,547	8,829	5,987	5,791	6,530	7,600	-	-	-	-	-	-
`9904`	49,339	64,982	63,128	36,327	33,654	19,881	37,284	3,544	183	13,956	-1,242	10,603	21,532	33,851	-640	32,139	20,071	-17,754	-4,412	3,726
`9905`	49,339	64,982	63,128	36,327	33,654	19,881	37,284	3,544	183	13,956	-1,242	10,603	21,532	33,851	-640	32,139	20,071	-17,754	-4,412	3,726
Appropriation of the result
`9906`	49,339	64,982	63,128	36,327	33,654	19,881	37,284	3,544	183	12,714	-1,242	10,603	21,532	29,496	-4,355	-3,715	-35,853	-55,925	-38,170	-33,758
`791/2`	26,011	-	-	12,714	41,028	9,464	-	-	-	-	-	-	40,125	-	-	-	-	-	-	-
`691/2`	49,339	64,982	63,128	36,327	33,654	19,881	22,284	3,544	183	12,714	-	10,603	21,532	19,496	-	-	-	-	-	-
`6920`	-	-	-	-	-	-	-	-	-	-	-	1,500	-	-	-	-	-	-	-	-
`6921`	49,339	64,982	63,128	36,327	33,654	19,881	22,284	3,544	183	12,714	-	9,103	21,532	19,496	-	-	-	-	-	-
`694/7`	26,011	-	-	12,714	41,028	9,464	15,000	-	-	-	-	-	40,125	10,000	-	-	-	-	-	-
`694`	26,011	-	-	12,714	41,028	9,464	-	-	-	-	-	-	40,125	-	-	-	-	-	-	-
`695`	-	-	-	-	-	-	15,000	-	-	-	-	-	-	10,000	-	-	-	-	-	-
Social balance sheet
`9087`	-	-	-	-	-	-	1	1	1	1	0.1	0.6	-	-	0.1	-	0.4	1.2	1.9	0.9
Hours worked`1013`	-	-	-	-	-	-	4,115	919	1,752	1,768	143	372	-	-	272	-	683	2,176	2,722	1,789
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 17 older financial years (1989-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 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 2025 at the NBB, filed on 29-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	29-06-2026	2026-00246039	PDF
31-12-2024	micro format	30-08-2025	2025-00481950	PDF
31-12-2023	micro format	18-06-2024	2024-00149695	PDF
31-12-2022	micro format	10-07-2023	2023-00249902	PDF
31-12-2021	micro format	31-08-2022	2022-20423967	PDF
31-12-2020	micro format	30-08-2021	2021-57200159	PDF
31-12-2019	micro format	05-08-2020	2020-39400438	PDF
31-12-2018	micro format	22-08-2019	2019-48900077	PDF
31-12-2017	micro format	29-06-2018	2018-26900489	PDF
31-12-2016	micro format	10-07-2017	2017-29500205	PDF
31-12-2015	abbreviated format	28-06-2016	2016-23600020	PDF
31-12-2014	abbreviated format	31-08-2015	2015-54100320	PDF
31-12-2013	abbreviated format	30-07-2014	2014-37900123	PDF
31-12-2012	abbreviated format	31-08-2013	2013-55900597	PDF
31-12-2011	abbreviated format	31-07-2012	2012-36800214	PDF
31-12-2010	abbreviated format	30-08-2011	2011-48600303	PDF
31-12-2009	abbreviated format	31-08-2010	2010-51100086	PDF
31-12-2008	abbreviated format	23-06-2009	2009-27900134	PDF
31-12-2007	abbreviated format	29-08-2008	2008-70900054	PDF
31-12-2006	abbreviated format	27-07-2007	2007-51200377	PDF
31-12-2005	abbreviated format	31-08-2006	2006-76704186	PDF
31-12-2004	abbreviated format	16-08-2005	2005-64504929	PDF
31-12-2003	abbreviated format	08-11-2004	2004-78403013	PDF
31-12-2002	abbreviated format	26-09-2003	2003-69501054	PDF
31-12-2001	abbreviated format	13-11-2002	2002-71501609	PDF
31-12-2000	abbreviated format	07-08-2001	2001-48801217	PDF
31-12-1999	abbreviated format	30-06-2000	2000-34101518	PDF
31-12-1998	abbreviated format	02-07-1999	1999-29300596	PDF
31-12-1997	abbreviated format	30-07-1998	1998-37303166	PDF
31-12-1996	abbreviated format	31-07-1997	1997-35200797	PDF
31-12-1995	abbreviated format	06-11-1996	1996-50004680	PDF
31-12-1994	abbreviated format	28-07-1995	1995-42802845	PDF
31-12-1993	abbreviated format	13-10-1994	1994-43700433	PDF
31-12-1992	abbreviated format	29-10-1993	1993-41600547	PDF
31-12-1991	abbreviated format	16-11-1992	1992-37904645	PDF
31-12-1990	abbreviated format	27-11-1991	1991-31301787	PDF
31-12-1989	abbreviated format	27-09-1990	1990-24602068	PDF

Subsidies and aid

Flemish government 2024, 1 entry, €113 awarded, €113 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€113

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
74,972	85,727	84,489	50,089	44,411	23,058	60,117	20,959	23,468	46,658	28,599	38,982	52,238	65,484	35,634	66,860	59,686	29,902	39,713	43,904
59,049	65,932	64,078	37,277	34,604	21,282	54,449	25,141	25,702	39,782	28,938	32,772	52,021	59,178	32,664	61,308	47,945	13,652	30,693	31,504
31,872	0	0	-62	0	0	0	2,479	0	0	60,729	1,895	25,812	1,532	26,278	20,672	0	0	41,415	485
-10,766	-56,398	-2,986	55,402	-29,460	22,918	36,817	-23,867	-16,651	43,655	-40,406	-12,435	4,595	51,666	-10,115	59,327	-69	-5,098	2,013	-
211,877	210,511	144,579	97,501	72,876	111,599	99,782	60,333	84,048	85,434	56,550	63,570	19,986	52,485	37,392	63,062	-25,997	-50,601	-84,138	-77,167
90.5%	84.2%	80.6%	60.0%	63.0%	52.5%	51.0%	47.0%	54.2%	44.2%	41.5%	40.7%	21.3%	27.0%	20.9%	20.7%	10.3%	2.9%	7.8%	9.7%
8.49	5.50	4.24	2.04	2.06	2.38	2.28	1.83	2.33	1.97	1.74	1.59	1.12	1.40	1.38	1.88	0.81	0.70	0.58	0.56
7.14	4.75	3.34	1.61	1.37	1.58	1.32	0.96	1.50	1.30	0.99	1.03	0.75	0.93	0.71	0.94	0.05	0.08	0.09	0.07
0.11	0.19	0.24	0.67	0.59	0.90	0.96	1.13	0.84	1.26	1.41	1.46	3.70	2.71	3.78	3.83	8.69	33.78	11.78	9.29
17.8%	25.6%	33.5%	25.5%	28.3%	15.8%	32.2%	3.8%	0.1%	11.1%	-1.1%	9.4%	32.6%	40.0%	-1.1%	52.4%	68.6%	-193.6%	-16.4%	11.9%
16.1%	21.6%	27.0%	15.3%	17.9%	8.3%	16.4%	1.8%	0.1%	4.9%	-0.5%	3.8%	6.9%	10.8%	-0.2%	10.8%	7.1%	-5.6%	-1.3%	1.2%
42.58	59.43	50.91	36.40	26.47	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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.

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€31,872	-	-	-	-
	€9,710	€950	€950	€950	€950

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on PARALLEL

The operating result for 2025 is 23% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total falls from 15.8% to 9.5%. Equity is higher and debt is lower.

Board & ownership

Board

3 directors, last change in 2023

Manager

appointed by deed of 18-10-2017

listed in the 2025 annual accounts, filed on 29-06-2026

Director (not named in the articles)

appointed by deed of 27-07-2023 term without a fixed end

earlier manager, until 27-07-2023

listed in the 2025 annual accounts, filed on 29-06-2026

Director

listed in the 2025 annual accounts, filed on 29-06-2026

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today

Manager

Director

Director (not named in the articles)

BoardEarliermandate already running before its first mentionend not dated

Mandates as a list

- Manager, appointed by deed of 18-10-2017, still in office
- Director, since before 31-12-2021
- Director (not named in the articles), since before 31-12-2021
- Manager, until 27-07-2023
- Director (not named in the articles), appointed by deed of 27-07-2023, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €1,592.01
Source: 2025 annual accounts

Articles of association

deed of 27-07-2023 (in Dutch)

Annual meeting: First Friday of June at 18:00

Capital transactions

Capital over time

27-07-2023 Converted to unavailable equity · €21,951.21
13-07-2018 Capital reduction of €36,112.50 · to €18,592.01 · repaid to the shareholders

Network & group

No group

PARALLEL has no parent and no holdings in its annual accounts. PARALLEL shares no director with another company.

Timeline

53 events since 1988

Board

Capital

Filings

Financial

Establishments

19901995200020052010201520202025

Deadline for the 2026 accounts: 31-07-2027

2026

29-06-2026

Annual accounts 2025 filed NBBmicro format · 32 days before the deadline

2025

27-11-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435992333

30-08-2025

Annual accounts 2024 filed PDFmicro format · 30 days late

2024

31-12-2024

Highest result from 2006 to 2025 net €64,982 ▲2.9% The operating result of €84,777 and the net result of €64,982 are both a record.

31-12-2024

Equity above €200,000 equity €253,455 ▲34.5% After 9 profitable years in a row, equity reaches €253,455.

18-06-2024

Annual accounts 2023 filed PDFmicro format · 43 days before the deadline

2023

31-12-2023

Liquidity more than doubled current ratio 4.24 The current ratio rises from 2.04 to 4.24. Short-term debt falls from €94,026 to €44,646.

31-12-2023

Equity above €150,000 equity €188,472 ▲32.4% After 8 profitable years in a row, equity reaches €188,472.

27-07-2023

Changes of role: (director) and (director)General meeting of 24-07-20237 points ▸

General meeting, 24-07-2023
Director resignation, (manager)
Director resignation, (manager)
Director appointment, (director (not named in the articles))
Director appointment, (director (not named in the articles))
Power of attorney,
Registered office clause, Markt 14, 1785 Merchtem
The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

10-07-2023

Annual accounts 2022 filed PDFmicro format · 21 days before the deadline

2022

31-08-2022

Annual accounts 2021 filed PDFmicro format · 31 days late

2021

30-08-2021

Annual accounts 2020 filed PDFmicro format · 30 days late

2020

05-08-2020

Annual accounts 2019 filed PDFmicro format · 5 days late

2019

22-08-2019

Annual accounts 2018 filed PDFmicro format · 22 days late

2018

13-07-2018

Capital decrease of €36,112.50 to €18,592.01Capital 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 02-07-20184 points ▸

General meeting, 02-07-2018
Net-asset statement, 30-04-2018
Capital decrease, €36,112.50
Capital, €18,592.01
The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

29-06-2018

Annual accounts 2017 filed PDFmicro format · 32 days before the deadline

2017

18-10-2017

Appointment: (manager)General meeting of 01-05-20092 points ▸

General meeting, 01-05-2009
Director appointment, (manager)
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

10-07-2017

Annual accounts 2016 filed PDFmicro format · 21 days before the deadline

2016

31-12-2016

Back to profit net €13,956 The net result is €13,956, after one loss-making year.

28-06-2016

Annual accounts 2015 filed PDFabbreviated format · 33 days before the deadline

2015

31-08-2015

Annual accounts 2014 filed PDFabbreviated format · 31 days late

2014

31-12-2014

Equity above €100,000 equity €112,713 ▲70.8% After 3 profitable years in a row, equity reaches €112,713.

30-07-2014

Annual accounts 2013 filed PDFabbreviated format · 1 day before the deadline

2013

31-08-2013

Annual accounts 2012 filed PDFabbreviated format · 31 days late

2012

31-12-2012

Back to profit net €33,851 The net result is €33,851, after one loss-making year.

31-07-2012

Annual accounts 2011 filed PDFabbreviated format · on the deadline day

2011

30-08-2011

Annual accounts 2010 filed PDFabbreviated format · 30 days late

2010

31-12-2010

Liquidity more than doubled current ratio 1.88 The current ratio rises from 0.81 to 1.88. Short-term debt falls from €139,146 to €71,621.

31-08-2010

Annual accounts 2009 filed PDFabbreviated format · 31 days late

2009

31-12-2009

Back to profit net €20,071 The net result is €20,071, after 2 loss-making years.

23-06-2009

Annual accounts 2008 filed PDFabbreviated format · 38 days before the deadline

2008

31-12-2008

Weakest financial year net -€17,754 The net result drops to -€17,754, the lowest from 2006 to 2025. It recovers the following year.

29-08-2008

Annual accounts 2007 filed PDFabbreviated format · 29 days late

2007

27-07-2007

Annual accounts 2006 filed PDFabbreviated format · 4 days before the deadline

2006

31-08-2006

Annual accounts 2005 filed PDFabbreviated format

2005

16-08-2005

Annual accounts 2004 filed PDFabbreviated format

2004

08-11-2004

Annual accounts 2003 filed PDFabbreviated format

2003

26-09-2003

Annual accounts 2002 filed PDFabbreviated format

2002

13-11-2002

Annual accounts 2001 filed PDFabbreviated format

2001

07-08-2001

Annual accounts 2000 filed PDFabbreviated format

2000

30-06-2000

Annual accounts 1999 filed PDFabbreviated format

1999

02-07-1999

Annual accounts 1998 filed PDFabbreviated format

1998

30-07-1998

Annual accounts 1997 filed PDFabbreviated format

1997

31-07-1997

Annual accounts 1996 filed PDFabbreviated format

1996

06-11-1996

Annual accounts 1995 filed PDFabbreviated format

1995

28-07-1995

Annual accounts 1994 filed PDFabbreviated format

1994

13-10-1994

Annual accounts 1993 filed PDFabbreviated format

1993

29-10-1993

Annual accounts 1992 filed PDFabbreviated format

1992

16-11-1992

Annual accounts 1991 filed PDFabbreviated format

1991

27-11-1991

Annual accounts 1990 filed PDFabbreviated format

1990

27-09-1990

Annual accounts 1989 filed PDFabbreviated format

1988

21-12-1988

First establishment PARALLEL BVBA, Markt 14, Merchtem

12-12-1988

Incorporation published on 24-12-1988

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

PARALLEL was incorporated on 12 December 1988.¹ Total assets rose from €198,673 in 2018 to €305,967 in 2025.²

Company details

Identity

Enterprise number: 0435.992.333
VAT number: BE 0435.992.333
Peppol ID: 0208:0435992333
Other Peppol ID: 9925:BE0435992333
Legal form: Private limited company
Status: Active, normal situation
Founded: 12-12-1988
Financial year: ends on 31 December
Annual meeting: First Friday of June at 18:00
deed of 27-07-2023 (in Dutch)
Peppol: Reachable since 27-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: PARALLEL in Dutch
Entity type: Legal entity
Registered office clause: “Vlaams Gewest”
deed of 27-07-2023 (in Dutch)

Activities

NACEBEL 2025

47716 Retail sale of clothing and accessories for women, men, children and babies (general range) main activity

Codes under NACEBEL 2008

47716 Retail trade main activity

Codes under NACEBEL 2003

52421 main activity

Purpose: “De handel in de meest ruime zin van het woord in textiel, textielwaren en toebehoren allerhande, inzonderheid in alle produkten van…”
5 activities
De handel in de meest ruime zin van het woord in textiel, textielwaren en toebehoren allerhande, inzonderheid in alle produkten van kledingsnijverheid en accessoires van de kleding, zoals lederwaren, opschik en bijouterie.
De uitbating van een bedrijf voor het behangen en het plaatsen van wanden en vloerbekledingen.
De handel in de ruime zin van het woord in traditionele en legklare parketvloeren en in alle materialen, grondstoffen, koopwaren verband houdend met de binnenhuisdecoratie.
Daartoe kan de vennootschap samenwerken met, deelnemen in op gelijk welke wijze, rechtstreeks of zijdelings, belangen nemen in ondernemingen va van allerlei aard, alle verbintenissen aangaan, kredieten en leningen toestaan, zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak.
Kortom zij mag alles doen wat verband houdt met bovengenoemd doel of wat van aard is de verwezenlijking ervan te bevorderen.
deed of 13-07-2018 (in Dutch)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
PARALLEL BVBA registered office Markt 14, 1785 Merchtem	21-12-1988	2.041.317.191

Buildings and parcels at the address

Ground area: 364 m²
Buildings: 216 m²
Volume, LiDAR: 1,013 m³
Tallest building: 10.4 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
23602H0301/00D000	364 m²	1 · 216 m²	10.4 m · 1

Overview

Lifetime

Key points

Equity

Turnover

Investments

Liquidity

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on PARALLEL

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency90.5%

Current ratio8.49

Return on assets16.1%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2024, 1 entry, €113 awarded, €113 paid

Key figures and ratios

Investments

Insights on PARALLEL

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Capital transactions

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in euro

in euro

90.5%

8.49

16.1%