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PARAPLU

Active
Non-profit associationfounded 2000active for 26 yearsArnold Maesstraat 17, 3500 Hasselt, BelgiumKBO/BCE: BE 0472.877.473
Summary

PARAPLU has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112,188 and a net result of -€21,171. Equity has been shrinking by about 2.9% per year since 2023. Its solvency ranks better than 95% of 2,480 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-07-2000 Normal situation
Activity
Performing arts by artistic ensembles NACE 90202and 1 other
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€20,244
▼ 75.9%
Deficit
€21,171
Equity
€112,188
▼ 15.9%
Total assets
€114,948
▼ 18.8%
Score breakdownraises risk1 change of registered office in 24 monthsLoss of €21,171 (financial year 2025)lowers riskLegal form: non-profit associationLiquidity: current ratio 36.72, cash €88,965Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in creative and performing arts (NACE 90)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 97.6% of total assets
Liquidity 100=
short-term debt 2.4% · cash 77.4%
Profitability 0-88
return on assets -18.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,429 companies, NACE 90, micro)
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 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged 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 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 36.72 (16.73 in 2024), above the usual 1.5. Short-term debt is 2.4% and cash 77.4% of total assets. 2.4% of the assets are financed with debt and provisions.
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 90, micro). It does better than 88% of them on solvency, 96% on liquidity, 7% on profitability and 16% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 36.72, cash €88,965
NBB · annual accounts
raises risk · Loss of €21,171 (financial year 2025)
NBB · annual accounts
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 filings
Deviation from the deadline
2025
46 days early
2024
55 days early
2023
107 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 69 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% 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 6 June (3 of the last 3 accounts filed within 51 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Turnover fell in 2025from €83,837 to €20,244 ▼ 75.9% View
  • Caution: Lower net result than 90% of companies in creative and performing artssector median €6,331 · 2,476 companies -€21,171 View

Recent changes

  1. · Gazette deed Registered office moved within Hasselt
  2. · Gazette deed Registered office moved within Hasselt
All 8 events

Comparable companies

These companies have the same main activity as PARAPLU: performing arts by artistic ensembles (NACE 90202). They are comparable in size and age: total assets between €73,800 and €238,000, founded between 1991 and 2006.

CompanyTotal assetsGross margin
PARAPLU Hasselt€114,948-€11,321
MAD PRODUCTION Hasselt€73,769-€8,551
DON'T FORGET - COMMEMORATIVE DATE Vorst€120,967-€12,289
A HERMES Schaarbeek€96,773-€20,485
JAI Zoersel€87,466-€26,151
Studio van der Mieden Antwerpen€174,363-€8,653
DDE Antwerpen€238,233-€1,007
Full comparison

Key facts about PARAPLU

What is the company number of PARAPLU?
The company number of PARAPLU is 0472.877.473. The VAT number is the same number with BE in front: BE 0472.877.473.
Where is PARAPLU based?
The registered office is at Arnold Maesstraat 17, 3500 Hasselt.Company details
What does PARAPLU do?
According to the KBO register, the main activity is performing arts by artistic ensembles (NACE 90202).
What is the legal form of PARAPLU?
The legal form of PARAPLU is Non-profit association (VZW).
When was PARAPLU founded?
PARAPLU was founded on 07-07-2000.
Is PARAPLU still active?
Yes, PARAPLU is an active enterprise in the KBO register.
What is the turnover of PARAPLU?
The turnover of PARAPLU was €20,244 in financial year 2025, according to the filed annual accounts.Financials
Is PARAPLU profitable?
In financial year 2025, PARAPLU made a loss of €21,171.
Where can I find the annual accounts of PARAPLU?
PARAPLU filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PARAPLU due?
PARAPLU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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