PARAPLU
ActivePARAPLU has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €-21k. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 1973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-88
Solvency100=
Growth34▼-51
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 36.72 against 16.73 in 2024; short-term debt: 2.4% and cash: 77.4% of total assets), and 2.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
46 d early
2024
55 d early
2023
107 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€20k▼ 75.9%
2024 · €84k
2023: €20k
2024: €84k
2023 → 2025
EBIT margin
-102.7%▼ 120.1pp
2024 · 17.4%
2023: -95.6%
2024: 17.4%
2023 → 2025
Net result
€-21k
2024 · €14k
2023: €-19k
2024: €14k
2023 → 2025
Working capital
€97k▼ 16.8%
2024 · €116k
2023: €104k
2024: €116k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€20k-€84k▲ 325%€20k▼ 75.9%
Equity€119k-€133k▲ 12.0%€112k▼ 15.9%
Operating result€-19k-€15k€-21k
Net result€-19k-€14k€-21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €21k after €15k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115k
Fixed assets
€15k▼ 13.2%
Current assets
€100k▼ 19.5%
Equity and liabilities €115k
Equity
€112k▼ 15.9%
Debt
€3k▼ 66.1%
The debt ratio falls from 5.8% to 2.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-14k▼
2024 · €21k
Cash flow
€-14k▼
2024 · €20k
Solvency
97.6%▲
2024 · 94.2%
Current ratio
36.72▲
2024 · 16.73
Quick ratio
36.72▲
2024 · 16.73
Debt / equity
0.02▼
2024 · 0.06
ROE
-18.9%▼
2024 · 10.7%
ROA
-18.4%▼
2024 · 10.1%
Interest coverage
-35.49▼
2024 · 64.07
Debt
€3k▼
2024 · €8k
Debt ≤ 1 year
€3k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€141k€115k▼
Fixed assets21/28€18k€15k▼
Tangible fixed assets22/27€18k€15k▼
Plant, machinery and equipment23€6k€8k▲
Furniture and vehicles24€11k€7k▼
Current assets29/58€124k€100k▼
Amounts receivable within one year40/41€9k€8k▼
Trade receivables40€2k€2k▲
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€114k€89k▼
Deferred charges and accrued income490/1€645€2k▲
Equity and liabilities
Total equity and liabilities10/49€141k€115k▼
Equity10/15€133k€112k▼
Profit (loss) carried forward14€133k€112k▼
Amounts payable17/49€8k€3k▼
Amounts payable within one year42/48€7k€3k▼
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Accrued charges and deferred income492/3€737€46▼
Income statement
Code20242025
Turnover70€84k€20k▼
Goods, raw materials, services and sundry goods60/61€65k€36k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€23k€-11k▼
Operating profit (loss)9901€15k€-21k▼
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€322€388▲
Recurring financial charges65€322€388▲
Profit (loss) for the period before taxes9903€14k€-21k▼
Profit (loss) for the period9904€14k€-21k▼
Profit (loss) for the period to be appropriated9905€14k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€133k€112k▼
Profit (loss) brought forward from the previous period14P€119k€133k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-21k ▼249%
Net result drops to €-21k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 36.72
Current ratio from 16.73 to 36.72; short-term debt falls from €7k to €3k.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2004
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
02-07-2004
Resigned as Director
Location & real-estate footprint
Registered office, Hasselt
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Arnold Maesstraat 173500 HasseltGround area
328 m²
Building footprint
102 m²
Volume, LiDAR
1,127 m³
Parcel 71323C0060/00F003, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0060/00F003 | Flanders | 327 m² | 1 · 102 m² | 14.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Jeunesses musicales de Charleroi Métropole
BE 0453.499.942
Charleroi · Eq €112k
Courbeaucarre
BE 0563.391.440
Drogenbos · Eq €113k
Arsénic
BE 0464.815.783
Liège · Eq €112k
Robbert&Frank Frank&Robbert
BE 0633.677.244
Gent · Eq €111k
Aftertones
BE 1010.612.019
Antwerpen · Eq €114k
Of 2,275 companies in sector 90202 we hold annual accounts for 413. 320 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded07-07-2000
Fiscal year end31-12
Activities, NACEBEL
90202Performing arts by artistic ensembles
92313
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.