Liquidity
31.70 was 5.50 in 2024
Short-term debts fell from €10,300 to €1,596.
PARALLELES
Lifetime
14 annual accounts with figures on one time axispeak €21,680 (2023)
€6,374▼ 34.1%
lowest -€1,550 (2015)
-€16▼ €787
peak €50,808 (2024)
€50,792unchanged
€1,596▼ 84.5%
Board1 name since 2023
1 directorBenoît LEROY
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €9,670 to €6,374Loss of €16Debts from €10,300 to €1,596
Key points
from the 2025 annual accountsFilings
14 annual accounts since 2012
Nine of the last ten came late. The 2019 accounts came latest: 33 days after the end of the period.
Position in the sector
97.0%
Higher solvency than 95% of companies in architecture and engineering. Sector median 53.9% · 11,794 companies.
Checked score
95
Excellent
Financially stronger than 60% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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: 0.1%▲ +0.1 percentage points vs 07-2025highest value
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 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026lowest value
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: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
No registered site in the KBO
lowers risk
Liquidity: current ratio 31.70, cash €34,861
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Equity €50,792 (97.0% of total assets)
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 71, micro). It does better than 87% of them on solvency, 97% on liquidity, 17% on profitability and 38% 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as PARALLELES has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PARALLELES itself is lower: < 0.1% within 12 months. It rests on far more data about PARALLELES than the profile alone.
Test of the method
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 6,908 companies, not a prediction for PARALLELES. 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 of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 31.7 (5.5 in 2024), above the usual 1.5. Short-term debt is 3% and cash 66.5% of total assets. 3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
15 days late
2023
25 days late
2022
23 days late
2021
11 days late
2020
27 days late
2019
33 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 23 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 23 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0844033523
Change of role: Benoît LEROY, from manager to director
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 24-10-2023 · Gazette deed
Incorporation
published on 13-03-2012 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PARALLELES Flémalle | €52,388 | €6,374 | 97.0% | - |
| Steepi Lochristi | €59,303 | €6,863 | 81.6% | - |
| A2EI Saint-Nicolas | €50,613 | €10,152 | 79.1% | - |
| P-Engineering Temse | €60,450 | €4,922 | 17.7% | - |
| ORCED Fernelmont | €61,203 | €7,584 | 76.5% | - |
| VEMATECH Merksplas | €66,789 | €6,236 | 90.7% | - |
| JOPA EXPERTISE Evere | €48,906 | €8,860 | 18.5% | - |
These companies have the same main activity as PARALLELES: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €48,900 and €66,800, founded between 2008 and 2012.
Official details
Source: KBO- Status
- Active since 29-02-2012Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Insights on PARALLELES
PARALLELES files the micro format. That format states no turnover. The gross margin fell from €7,104 in 2012 to €6,374 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 PARALLELES
- What is the company number of PARALLELES?
- The company number of PARALLELES is 0844.033.523. The VAT number is the same number with BE in front: BE 0844.033.523.
- Where is PARALLELES based?
- The registered office is at Thier des Trixhes 195, 4400 Flémalle.Company details
- What does PARALLELES do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of PARALLELES?
- PARALLELES is a private limited company (BV).
- When was PARALLELES founded?
- PARALLELES was founded on 29-02-2012.
- Is PARALLELES still active?
- Yes, PARALLELES is an active enterprise in the KBO register.
- What is the turnover of PARALLELES?
- The turnover in financial year 2025 is ≈ €29,000. This figure is estimated from the gross margin of €6,374 and 30 comparable companies (NACE 71121). It probably lies between €20,000 and €54,000. It is a rough estimate.Financials
- Is PARALLELES profitable?
- In financial year 2025, PARALLELES made a loss of €16.
- Where can I find the annual accounts of PARALLELES?
- PARALLELES filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PARALLELES due?
- PARALLELES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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