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PARBELUX

Active
Public limited companyfounded 198838 yrs activeSchaarbeeklei 499, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0434.337.888
Summary

The computed 12-month bankruptcy probability of PARBELUX is 1.8% (moderate). The 2024 annual accounts show equity of €7.2m and a net result of €433,845. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 6127 sector peers (fiscal year 2024). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
PARBELUXActiveChecked score 55/100
Risk analysis ReportCompare

Overview

What they do
Wholesale of perfume and cosmetics
NACE 46450NACE 51450
1 site
How big
€16.1mturnover 2024
Staff
105.2 FTE
Equity
€7.2m
Profit
€433,845
Financially healthy?
55 Fair Checked score 2024
Bankruptcy chance 12 m
1.8%
Who decides
Parent
Etablissements A. Pasquasy · 98.8%
Board
5 members
Auditor: PricewaterhouseCoopers Reviseurs d'EntreprisesAccounts 6 d early1 of 26 deeds read
Why 55- Figures for FY 2024 (filed 31-07-2025)- Liquidity: current ratio 0.82, cash €27,985- Size: turnover €16.1m, 105.2 FTE, total assets €24.3m+ Founded in 1988Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 48% of its sector peers (NACE 46, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 55-19
equity 29.8% of total assets
Liquidity 13-12
short-term debt 70.2% · cash 0.1%
Profitability 81=
return on assets 1.8%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (748 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%▼ -3.6% vs 01-2025lowest value 03-2025: 0.2%▲ +1.1% vs 02-2025 04-2025: 0.2%▲ +2.1% vs 03-2025 05-2025: 0.2%▲ +3.6% vs 04-2025 06-2025: 0.2%▲ +3.0% vs 05-2025 07-2025: 0.3%▲ +30.9% vs 06-2025 08-2025: 0.3%▲ +19.9% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%● 0.0% vs 12-2025 02-2026: 0.3%▼ -3.7% vs 01-2026 03-2026: 0.3%▲ +1.6% vs 02-2026 04-2026: 0.3%▲ +1.9% vs 03-2026 05-2026: 0.3%▲ +3.1% vs 04-2026 06-2026: 0.3%▲ +3.0% vs 05-2026 07-2026: 0.4%▲ +29.4% vs 06-2026 08-2026: 0.8%▲ +87.4% vs 07-2026 09-2026: 1.1%▲ +30.1% vs 08-2026 10-2026: 1.8%▲ +67.2% vs 09-2026highest value
  • Figures for FY 2024 (filed 31-07-2025) raises the probability
  • Liquidity: current ratio 0.82, cash €27,985 raises the probability
  • Founded in 1988 lowers the probability for this profile
  • Size: turnover €16.1m, 105.2 FTE, total assets €24.3m raises the probability for this profile
Credit up to €390,000 at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.67 in 2023; short-term debt: 70.2% and cash: 0.1% of total assets), and 70.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, medium-sized). Better than this share of them on solvency 37%, liquidity 14%, profitability 88%, growth against the median 52%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 31-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.82, cash €27,985
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1988
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Size: turnover €16.1m, 105.2 FTE, total assets €24.3m
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 29-12-2024 was due by 29-07-2025 and was filed on 23-07-2025, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2024
6 d early
2023
8 d early
2023
20 d late
2022
6 d late
2020
11 d early
2019
3 d late
2018
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Permanent representatives: Erik August Heuthorst and…Reappointments: Edith Shih, Christian Nicolas…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: 6 years of growth in a rowturnover 2024: €16.1m 6 years View
  • Among the largest 7% on staffsector median 10.2 FTE · 4,828 companies 105.2 FTE View
  • Controlled by Etablissements A. Pasquasy 98.8% View
  • New directorlatest change 26-06-2026 · 5 in office 1 joined View
  • Caution: Result fell in 2024from €585,227 to €433,845 ▼ 25.9% View

By topic

Financials

Fiscal year
2024
Turnover
€16.1m
Profit
€433,845
Solvency
29.8%
Turnover▲ 1.3%
Net result
20182024
Go to Financials

Board & ownership

Board
5 members
Parent
Etablissements A. Pasquasy · 98.8%
Auditor
PricewaterhouseCoopers Reviseurs d'Entreprises
Go to Board & ownership

Timeline

Events
14
Since
2016
  1. 10-08-2026Permanent representatives: Erik August Heuthorst and Steven…
  2. 23-07-2025Annual accounts filed
  3. 23-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of perfume and cosmeticsNACE 46450
Founded
24-05-1988
Year ends
29-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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