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PARCELPRO

Active
Private limited companyfounded 20232 yrs activeKBO/BCE: BE 1002.348.708
Summary

The computed 12-month bankruptcy probability of PARCELPRO is 23.0% (high). The 2024 annual accounts show equity of €1,640 and a net result of €140. Its solvency ranks better than 38% of 6719 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Checked score

Score 2024
Axes
Profitability71
Solvency51
Growth-
Track record51
Bankruptcy probability, 12 months
23.0% High
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.33; short-term debt: 74.3% and cash: 3% of total assets), and 74.3% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
25.7%
Return on assets
2.2%
Age of the figures
21 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
57 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 57 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struck×2

History

PARCELPRO was incorporated on 16 November 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€1,640
Total assets
€6,374
Net result
€140
Working capital
-€3,160

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €6,374
Fixed assets €4,800
Current assets €1,574
Equity and liabilities €6,374
Equity €1,640
Debt €4,734
Debt finances 74.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€1,791
Cash flow
€1,340
Current ratio
0.33
Debt to equity
2.89
ROE
8.5%
ROA
2.2%
Interest coverage
19.90
Debt ≤ 1 year
€4,734
Income taxes
€360

Peer companies

Historical observation

Of the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 23.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,542 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 30 lines
Balance sheet Code2024
Assets
Total assets20/58€6,374
Fixed assets21/28€4,800
Tangible fixed assets22/27€4,800
Furniture and vehicles24€4,800
Current assets29/58€1,574
Amounts receivable within one year40/41€1,384
Trade receivables40€1,384
Cash at bank and in hand54/58€190
Equity and liabilities
Total equity and liabilities10/49€6,374
Equity10/15€1,640
Contributions10/11€1,500
Profit (loss) carried forward14€140
Amounts payable17/49€4,734
Amounts payable within one year42/48€4,734
Trade debts44€1,120
Suppliers440/4€1,120
Taxes, remuneration and social security45€2,264
Taxes450/3€2,264
Other amounts payable47/48€1,350
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,200
Other operating charges640/8€223
Gross operating margin9900€2,013
Operating profit (loss)9901€591
Financial charges65/66B€90
Recurring financial charges65€90
Profit (loss) for the period before taxes9903€501
Income taxes67/77€360
Profit (loss) for the period9904€140
Profit (loss) for the period to be appropriated9905€140
Appropriation of the result
Profit (loss) to be appropriated9906€140

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,200
Other operating charges640/8€223
Gross operating margin9900€2,013
Operating profit (loss)9901€591
Financial charges65/66B€90
Recurring financial charges65€90
Profit (loss) for the period before taxes9903€501
Income taxes67/77€360
Profit (loss) for the period9904€140
Profit (loss) for the period to be appropriated9905€140
Line2024
Assets
Total assets20/58€6,374
Fixed assets21/28€4,800
Tangible fixed assets22/27€4,800
Furniture and vehicles24€4,800
Current assets29/58€1,574
Amounts receivable within one year40/41€1,384
Trade receivables40€1,384
Cash at bank and in hand54/58€190
Equity and liabilities
Total equity and liabilities10/49€6,374
Equity10/15€1,640
Contributions10/11€1,500
Profit (loss) carried forward14€140
Amounts payable17/49€4,734
Amounts payable within one year42/48€4,734
Trade debts44€1,120
Suppliers440/4€1,120
Taxes, remuneration and social security45€2,264
Taxes450/3€2,264
Other amounts payable47/48€1,350
Line2024
Profit (loss) for the period9904€140
+ Depreciation and write-downs630€1,200
Operating cash flow (approximation)€1,340

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
09-03
KBO administration Address struck
Bollestraat 78 3090 L’adresse du siège Bollestraat 78 3090 Die Sitzadresse Bollestraat 78 3090 Overijse Overijse werd doorgehaald met ingang van Overijse · event 11-02-2026
2025
26-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
11-04
KBO administration Address struck
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Overijse · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,206 m²
Building footprint
213 m²
Volume, LiDAR
1,344 m³
2 parcels, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PARCELPRO
General electrical installation work
since 20232.352.155.374
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23542F0123/00X000 Flanders 995 m² 1 · 125 m² 9.2 m · 2 fl.
22004C0677/00T000 Flanders 210 m² 1 · 89 m² 10.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 6,971 companies in sector 49320 we hold annual accounts for 2,715. 955 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
61100Wired, wireless and satellite telecommunications
61200Telecommunications resale and intermediation services
95100Repair and maintenance of computers and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002348708
Also 9925:BE1002348708
Registered 27-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.