PARAM SERVICES
ActiveSummary
PARAM SERVICES has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €416,682 and a net result of €251,143. Equity has been shrinking by about 4.1% per year since 2018. Its solvency ranks better than 49% of 20,706 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-04-2014 Normal situation
- Activity
- Human health activities NACE 86920and 1 other
- Establishment units
- 2.231.105.809 4340 Awans, since 29-05-2014
- 2.301.519.592 4340 Awans, since 24-02-2020
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- RENSONNET AlexisDirector
- RENSONNET ArnaudDirector
- RENSONNET GuyDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €696,570
- ▲ 29.0%
- Turnover
- ≈ €1.0m
- estimated
- Surplus
- €251,143
- ▲ 250%
- Equity
- €416,682
- ▲ 152%
- Total assets
- €672,344
- ▲ 34.2%
- Employees on 31-12-2025
- 9
- ▼ 10.0%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts latelowers riskLegal form: non-profit associationSector: Human health activities (NACE 86)Liquidity: current ratio 2.82, cash €264,222Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 86, micro). It does better than 50% of them on solvency, 77% on liquidity, 80% on profitability and 93% on growth.
The bankruptcy probability was computed on 02-11-2026 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
The company filed its last 7 accounts on average 60 days after the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00464806.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 8 filings
Every figure per financial year
The operating result for 2025 is 188% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 9 | 11 | 10 | 9 |
| full-time | 5 | 7 | 7 | 7 |
| part-time | 4 | 4 | 3 | 2 |
| in full-time equivalents | 6.9 | 8.9 | 8.1 | 8 |
| Average over the year, in full-time equivalents | 6.1 | 7.8 | 9.7 | 7.8 |
| On a permanent contract | 8 | 10 | 10 | 8 |
| Joined | 1 | 4 | 4 | 4 |
| Left | 3 | 5 | 11 | 5 |
| Training hours | - | 12 | - | 64 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | - | - | - | €170,000 |
| Carrying value of the mortgaged assets | - | - | - | - | €187,091 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €205,429 | €6,890 | €2,122 | €4,235 | €85,896 |
| Intangible fixed assets | €3,191 | - | - | - | - |
| Depreciation and write-downs of the year | €31,860 | €30,245 | €27,859 | €24,952 | €33,075 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Federal government
2023 to 2025 · 3 entries · €1.4m in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Volksgezondheid | 1 | €642,329 |
| 2024 | FOD Volksgezondheid | 1 | €440,620 |
| 2023 | FOD Volksgezondheid | 1 | €334,373 |
| Line | 2018 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Membership fees, donations, legacies and grants73 | - | - | - | - | €440,620 | €642,329 | ▲ 45.8% |
| Non-recurring operating income76A | - | - | €5,000 | - | €450 | €1,200 | ▲ 167% |
| Remuneration, social security and pensions62 | - | €216,385 | €327,828 | €458,720 | €401,056 | €378,989 | ▼ 5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,581 | €31,860 | €30,245 | €27,859 | €24,952 | €33,075 | ▲ 32.6% |
| Other operating charges640/8 | - | €12,551 | €12,706 | €8,145 | €21,735 | €18,029 | ▼ 17.1% |
| Non-recurring operating charges66A | - | - | - | €290 | - | - | - |
| Gross operating margin9900 | €398,275 | €289,422 | €331,314 | €332,589 | €540,165 | €696,570 | ▲ 29.0% |
| Operating profit (loss)9901 | €136,555 | €28,626 | -€39,465 | -€162,425 | €92,422 | €266,477 | ▲ 188% |
| Financial income75/76B | - | €2,952 | €2,400 | €3,751 | €611 | €6,686 | ▲ 993% |
| Recurring financial income75 | €5,588 | €2,952 | €2,400 | €3,751 | €611 | €6,686 | ▲ 993% |
| Financial charges65/66B | - | €7,331 | €8,305 | €5,582 | €21,124 | €21,698 | ▲ 2.7% |
| Recurring financial charges65 | €1,197 | €7,331 | €8,305 | €5,582 | €21,124 | €21,698 | ▲ 2.7% |
| Profit (loss) for the period before taxes9903 | €140,947 | €24,246 | -€45,370 | -€164,256 | €71,910 | €251,464 | ▲ 250% |
| Income taxes67/77 | - | €103,946 | €319 | €326 | €227 | €321 | ▲ 41.1% |
| Profit (loss) for the period9904 | €140,947 | -€79,700 | -€45,690 | -€164,582 | €71,683 | €251,143 | ▲ 250% |
| Profit (loss) for the period to be appropriated9905 | €140,947 | -€79,700 | -€45,690 | -€164,582 | €71,683 | €251,143 | ▲ 250% |
| Line | 2018 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €378,235 | €697,345 | €543,377 | €340,983 | €501,032 | €672,344 | ▲ 34.2% |
| Fixed assets21/28 | €31,076 | €287,074 | €263,719 | €233,691 | €212,974 | €265,795 | ▲ 24.8% |
| Intangible fixed assets21 | - | €4,003 | €2,041 | €79 | - | - | - |
| Tangible fixed assets22/27 | €31,076 | €283,071 | €261,678 | €233,612 | €212,974 | €265,795 | ▲ 24.8% |
| Land and buildings22 | - | €195,705 | €189,034 | €182,363 | €179,791 | €187,091 | ▲ 4.1% |
| Plant, machinery and equipment23 | - | €4,264 | €2,211 | €1,089 | €30 | - | - |
| Furniture and vehicles24 | - | €83,102 | €70,432 | €50,159 | €33,153 | €78,704 | ▲ 137% |
| Current assets29/58 | €347,159 | €410,271 | €279,658 | €107,291 | €288,057 | €406,549 | ▲ 41.1% |
| Amounts receivable within one year40/41 | €127,518 | €81,655 | €56,963 | €65,416 | €144,823 | €137,695 | ▼ 4.9% |
| Trade receivables40 | - | €61,259 | €56,913 | €65,366 | €142,875 | €134,325 | ▼ 6.0% |
| Other amounts receivable41 | - | €20,396 | €50 | €50 | €1,948 | €3,370 | ▲ 73.0% |
| Cash at bank and in hand54/58 | €219,553 | €324,172 | €222,249 | €41,444 | €142,914 | €264,222 | ▲ 84.9% |
| Deferred charges and accrued income490/1 | - | €4,443 | €445 | €431 | €321 | €4,632 | ▲ 14× |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €378,235 | €697,345 | €543,377 | €340,983 | €501,032 | €672,344 | ▲ 34.2% |
| Equity10/15 | €304,644 | €304,128 | €258,438 | €93,856 | €165,539 | €416,682 | ▲ 152% |
| Profit (loss) carried forward14 | €304,644 | €304,128 | €258,438 | €93,856 | €165,539 | €416,682 | ▲ 152% |
| Amounts payable17/49 | €73,591 | €393,217 | €284,939 | €247,126 | €335,493 | €255,662 | ▼ 23.8% |
| Amounts payable after more than one year17 | €14,006 | €185,166 | €152,662 | €132,846 | €122,248 | €111,445 | ▼ 8.8% |
| Financial debts170/4 | - | €185,166 | €152,662 | €132,846 | €122,248 | €111,445 | ▼ 8.8% |
| Amounts payable within one year42/48 | €59,585 | €208,051 | €132,277 | €114,281 | €210,469 | €144,216 | ▼ 31.5% |
| Current portion of amounts payable after more than one year42 | - | €46,866 | €47,505 | €34,816 | €17,821 | €10,803 | ▼ 39.4% |
| Financial debts43 | - | - | - | - | €134,290 | - | - |
| Credit institutions430/8 | - | - | - | - | €134,290 | - | - |
| Trade debts44 | €4,276 | €7,293 | €27,586 | €14,951 | €12,684 | €75,749 | ▲ 497% |
| Suppliers440/4 | - | €7,293 | €27,586 | €14,951 | €12,684 | €75,749 | ▲ 497% |
| Taxes, remuneration and social security45 | - | €153,742 | €57,037 | €64,364 | €45,525 | €57,516 | ▲ 26.3% |
| Taxes450/3 | - | €116,947 | €1,769 | €1,445 | €248 | €2,515 | ▲ 914% |
| Remuneration and social security454/9 | - | €36,795 | €55,268 | €62,919 | €45,277 | €55,001 | ▲ 21.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2,776 | - | - |
| Line | 2018 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €140,947 | -€79,700 | -€45,690 | -€164,582 | €71,683 | €251,143 | ▲ 250% |
| + Depreciation and write-downs630 | €30,581 | €31,860 | €30,245 | €27,859 | €24,952 | €33,075 | ▲ 32.6% |
| Operating cash flow (approximation) | €171,527 | -€47,839 | -€15,444 | -€136,723 | €96,635 | €284,218 | ▲ 194% |
| Investment in fixed assets (approximation) | - | - | -€6,890 | €2,169 | -€4,235 | -€85,896 | ▼ 1,928% |
| Change in cash | - | - | -€101,923 | -€180,805 | €101,470 | €121,308 | ▲ 19.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as PARAM SERVICES has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of PARAM SERVICES itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 34,693 companies, not a prediction for PARAM SERVICES. 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.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00464806 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00436209 | |
| 31-12-2023 | micro format | 28-04-2025 | 2025-00078574 | |
| 31-12-2022 | micro format | 04-08-2023 | 2023-00312745 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20365227 | |
| 31-12-2018 | full format | 23-08-2019 | 2019-50300477 | |
| 31-12-2017 | full format | 29-08-2018 | 2018-52800493 | |
| 31-12-2016 | full format | 28-07-2017 | 2017-37500022 |
Board & ownership
Directors
Owners and capital
Owners
This non-profit association has no shareholders or capital.
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| RENSONNET Alexis |
|
| RENSONNET Arnaud |
|
| RENSONNET Guy |
|
| JANS Nathalie |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Portée aux frais généraux indépendamment frais représentation, voyages et déplacements, assemblée générale décide”
- Membership ruleThe articles set who can become a member or partner, and on what terms.
- “3, droits accordés aux actionnaires par la loi et statuts”“Majorité absolue, conseil d'administration”
Articles of association, deed of 30-01-2024 (in French)
Network & group
PARAM SERVICES shares no director with another company.
Connections & network
3 current directorsThe network starts from the directors of PARAM SERVICES. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
18-10
Gazette deed
Registered office moved from Herstal to AwansNew seat: rue de Bruxelles 13, 4340 AWANS · Previous seat: Campagne de la Banse 88 à 4040 HERSTAL · Reappointments: RENSONNET Alexis, RENSONNET Guy and RENSONNET Arnaud5 points ▸
- General meeting, 19-08-2024
- Director reappointment, RENSONNET Alexis (director)
- Director reappointment, RENSONNET Guy (director)
- Director reappointment, RENSONNET Arnaud (director)
- Registered-office move, rue de Bruxelles 13, 4340 AWANS
30-01
Gazette deed
Amendment of the articles2 points ▸
- General meeting, 20-12-2023
- Amendment of the articles
Show earlier events
04-05
Gazette deed
Resignation: JANS Nathalie (director)Withdrawal: JANS Nathalie (full member) · Director discharge4 points ▸
- General meeting, 06-04-2022
- Director resignation, JANS Nathalie (director)
- Member resignation, JANS Nathalie (full member)
- Director discharge, JANS Nathalie
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
3 activities
- L'assistance médicale,paramédicale,ambulancière en TMS et 112 des personnes malades,hospitalisées,accidentées,handicapées,le transport d'organes et de tous produits liés à la profession médicale et paramédicale et ce par tous les moyens tel qu'ambulance,vsl avec élévateur,vsl,train,avion. Sans que cette liste ne soit limitative.
- L'assistance médicale,paramédicale,ambulancière de manifestations socio-culturelles,sportives,familiales,...
- Accomplir tous actes se rapportant directement ou indirectement à son but,prêter tout concours et s'intéresser de toutes manières à toutes autres associations,notamment à celles ayant un but analogue au sien.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62006A0532/00M000 | Wallonia | 486 m² | 1 · 87 m² | 9.6 m · 3 |
| 62006A0533/00D000 | Wallonia | 423 m² | 1 · 34 m² | 6.9 m · 2 |