PARAZZAR
ActiveThe computed 12-month bankruptcy probability of PARAZZAR is 1.8% (moderate). The 2025 annual accounts show equity of €14k and a net result of €47k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 13306 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+12
Solvency27▲+8
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.36 in 2024; short-term debt: 18.4% and cash: 1.8% of total assets), and 97.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.2%
Return on assets
7.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-02-2026, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
65 d early
2024
5 d early
2023
1 d early
2022
3 d late
2021
52 d late
2020
25 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k
2024 · €-33k
2019: €59k
2020: €63k
2021: €20k
2022: €26k
2023: €-46k
2024: €-33k
2019 → 2025
Total assets
€607k▲ 5.9%
2024 · €573k
2019: €108k
2020: €523k
2021: €623k
2022: €608k
2023: €571k
2024: €573k
2019 → 2025
Net result
€47k▲ 259%
2024 · €13k
2019: €33k
2020: €4k
2021: €-43k
2022: €6k
2023: €-72k
2024: €13k
2019 → 2025
Working capital
€-66k▼ 6.7%
2024 · €-62k
2019: €36k
2020: €-7k
2021: €-57k
2022: €-44k
2023: €-41k
2024: €-62k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€26k▲ 28.0%€-46k€-33k▲ 28.2%€14k
Operating result€-33k-€15k€-56k€27k€54k▲ 97.3%
Net result€-43k-€6k€-72k€13k€47k▲ 259%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 97% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €607k
Fixed assets
€562k▲ 4.4%
Current assets
€45k▲ 27.9%
Equity and liabilities €607k
Equity
€14k
Debt
€593k
Debt finances 97.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€95k▲
2024 · €82k
Cash flow
€87k▲
2024 · €67k
Solvency
2.2%▲
2024 · -5.8%
Current ratio
0.41▲
2024 · 0.36
Quick ratio
0.19▼
2024 · 0.20
Debt / equity
43.71▲
2024 · -18.38
ROE
343.0%
ROA
7.7%▲
2024 · 2.3%
Interest coverage
11.01▲
2024 · 5.36
Debt
€593k▼
2024 · €606k
Debt ≤ 1 year
€111k▲
2024 · €97k
Debt > 1 year
€482k▼
2024 · €509k
Income taxes
€152
Staff costs
€63k▼
2024 · €69k
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€573k€607k▲
Fixed assets21/28€538k€562k▲
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€533k€558k▲
Land and buildings22€500k€488k▼
Plant, machinery and equipment23€26k€50k▲
Furniture and vehicles24€579-
Other tangible fixed assets26€6k€20k▲
Current assets29/58€35k€45k▲
Stocks and contracts in progress3€16k€24k▲
Stocks30/36€16k€24k▲
Amounts receivable within one year40/41€802€8k▲
Trade receivables40€802€8k▲
Cash at bank and in hand54/58€17k€11k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€573k€607k▲
Equity10/15€-33k€14k▲
Contributions10/11€13k€13k=
Reserves13€12k€872▼
Distributable reserves133€12k€872▼
Profit (loss) carried forward14€-58k-
Amounts payable17/49€606k€593k▼
Amounts payable after more than one year17€509k€482k▼
Financial debts170/4€509k€482k▼
Amounts payable within one year42/48€97k€111k▲
Current portion of amounts payable after more than one year42€27k€27k▲
Trade debts44€22k€18k▼
Suppliers440/4€21k€18k▼
Bills of exchange payable441€850-
Advances received on contracts in progress46€110€110=
Taxes, remuneration and social security45€7k€11k▲
Taxes450/3€2k€6k▲
Remuneration and social security454/9€6k€5k▼
Other amounts payable47/48€41k€55k▲
Income statement
Code20242025
Remuneration, social security and pensions62€69k€63k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€41k▼
Other operating charges640/8€8k€4k▼
Gross operating margin9900€159k€162k▲
Operating profit (loss)9901€27k€54k▲
Financial income75/76B€807€1k▲
Recurring financial income75€807€1k▲
Financial charges65/66B€15k€9k▼
Recurring financial charges65€15k€9k▼
Profit (loss) for the period before taxes9903€13k€47k▲
Income taxes67/77-€152
Profit (loss) for the period9904€13k€47k▲
Profit (loss) for the period to be appropriated9905€13k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-58k€-11k▲
Profit (loss) brought forward from the previous period14P€-71k€-58k▲
Transfer from equity791/2-€12k
Transfer to equity691/2-€872
To other reserves6921-€872
The notes to these accounts (16 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
24-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2019net €47k ▲259%
Operating result €54k, net result €47k, both a record.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-72k ▼1372%
Net result drops to €-72k, the lowest in the series; recovery starts the following year.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
31-03
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 52 days late
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2015
27-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 2 establishment units since 2010
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.
Torhoutse Steenweg 108200 BruggeGround area
319 m²
Building footprint
267 m²
Volume, LiDAR
1,884 m³
2 parcels, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
PARAZZAR
since 20102.193.382.707
Torhoutse Steenweg 17, 8200 Brugge
since 20262.386.926.708
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0409/00L002 | Flanders | 197 m² | 1 · 152 m² | 12.4 m · 2 fl. |
| 31027D0373/00T000 | Flanders | 122 m² | 1 · 115 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.193.382.707
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,784 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2010
Fiscal year end30-09
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:carolineasaert@hotmail.com
Phone:050335528