Parcels & Pixels
ActiveSummary
Parcels & Pixels has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,906 and a net result of €9,799. Its solvency ranks better than 70% of 1,185 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-01-2024 Normal situation
- Activity
- Service activities incidental to land transportation NACE 52210and 2 others
- Establishment unit
- 2.355.197.018 5100 Namur, since 23-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 05-06-2025
Board and ownership
- FONTINOY Marie-Catherine Nicole GhislaineDirector
- PIETERS Marc Jose YvonDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Gross margin
- €14,220
- ▼ 30.0%
- Turnover
- ≈ €71,000
- estimated
- Profit
- €9,799
- ▼ 35.1%
- Equity
- €29,906
- ▲ 48.7%
- Total assets
- €45,009
- ▲ 45.9%
- 2025 accounts filed 26 days after the deadline
Score breakdownraises riskFounded in 2024Size: total assets €45,009Sector: Warehousing and support activities for transportation (NACE 52)lowers riskLiquidity: current ratio 2.85, cash €28,866Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 52, micro). It does better than 72% of them on solvency, 86% on liquidity, 84% on profitability and 83% 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
The company filed its last 2 accounts on average 28 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00426540.
Annual accounts 2025 filed on 26-08-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 33% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €4,500 | €1,334 |
| Financial fixed assets | €300 | - |
| Depreciation and write-downs of the year | €328 | €799 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €328 | €799 | ▲ 144% |
| Other operating charges640/8 | €660 | €444 | ▼ 32.8% |
| Gross operating margin9900 | €20,325 | €14,220 | ▼ 30.0% |
| Operating profit (loss)9901 | €19,337 | €12,977 | ▼ 32.9% |
| Financial income75/76B | - | €1 | - |
| Recurring financial income75 | - | €1 | - |
| Financial charges65/66B | €187 | €350 | ▲ 87.3% |
| Recurring financial charges65 | €187 | €350 | ▲ 87.3% |
| Profit (loss) for the period before taxes9903 | €19,151 | €12,628 | ▼ 34.1% |
| Income taxes67/77 | €4,043 | €2,829 | ▼ 30.0% |
| Profit (loss) for the period9904 | €15,107 | €9,799 | ▼ 35.1% |
| Profit (loss) for the period to be appropriated9905 | €15,107 | €9,799 | ▼ 35.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €30,855 | €45,009 | ▲ 45.9% |
| Fixed assets21/28 | €1,472 | €2,008 | ▲ 36.4% |
| Tangible fixed assets22/27 | €1,172 | €1,708 | ▲ 45.7% |
| Furniture and vehicles24 | €1,172 | €1,708 | ▲ 45.7% |
| Financial fixed assets28 | €300 | €300 | = |
| Current assets29/58 | €29,383 | €43,001 | ▲ 46.3% |
| Amounts receivable within one year40/41 | €6,890 | €12,965 | ▲ 88.2% |
| Trade receivables40 | €6,890 | €12,965 | ▲ 88.2% |
| Cash at bank and in hand54/58 | €21,682 | €28,866 | ▲ 33.1% |
| Deferred charges and accrued income490/1 | €811 | €1,169 | ▲ 44.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €30,855 | €45,009 | ▲ 45.9% |
| Equity10/15 | €20,107 | €29,906 | ▲ 48.7% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €15,107 | €24,906 | ▲ 64.9% |
| Amounts payable17/49 | €10,748 | €15,103 | ▲ 40.5% |
| Amounts payable within one year42/48 | €10,748 | €15,103 | ▲ 40.5% |
| Trade debts44 | €4,018 | €6,915 | ▲ 72.1% |
| Suppliers440/4 | €4,018 | €6,915 | ▲ 72.1% |
| Taxes, remuneration and social security45 | €6,522 | €7,485 | ▲ 14.8% |
| Taxes450/3 | €6,522 | €7,485 | ▲ 14.8% |
| Other amounts payable47/48 | €208 | €702 | ▲ 238% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15,107 | €9,799 | ▼ 35.1% |
| + Depreciation and write-downs630 | €328 | €799 | ▲ 144% |
| Operating cash flow (approximation) | €15,435 | €10,597 | ▼ 31.3% |
| Investment in fixed assets (approximation) | - | -€1,334 | - |
| Change in cash | - | €7,185 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Parcels & Pixels has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Parcels & Pixels itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Parcels & Pixels. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- PIETERS Marc Jose Yvon 375 shares (75%) · €3,750 in cash
- FONTINOY Marie-Catherine Nicole Ghislaine 125 shares (25%) · €1,250 in cash
Capital transactions
- 25-01-2024 Incorporation · €5,000 · 500 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| FONTINOY Marie-Catherine Nicole Ghislaine |
|
| PIETERS Marc Jose Yvon |
|
Network & group
Parcels & Pixels shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of Parcels & Pixels. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
25-01
Gazette deed
IncorporationStarting capital €5,000 · Appointments: PIETERS Marc Jose Yvon (director) and FONTINOY Marie-Catherine Nicole Ghislaine (director) · Founder14 points ▸
- Incorporation, “Parcels & Pixels” (deed in French)
- Founding capital, €5,000
- Founder, PIETERS Marc Jose Yvon
- Founder, FONTINOY Marie-Catherine Nicole Ghislaine
- Other provision, 13-12-2023
- Declaration, “trois ans de l’acquisition de la personnalité juridique, responsabilité des fondateurs en cas de faillite dans les trois ans de l’acquisition de la personnalité…” (deed in French)
- Bank account, “banque et numéro masqués par (…) en source, compte spécial” (deed in French)
- Declaration, “attestation dépôt effectué conformément au Code des sociétés et des associations”, 5000 (deed in French)
- Share issue, 500, “répartition des bénéfices et des produits de la liquidation” (deed in French)
- Registered office clause, “5100 Namur(Jambes),Boulevard de la Meuse 53/02, unanime des comparants” (deed in French)
- Board rule, 2, “illimitée” (deed in French)
- Director appointment, PIETERS Marc Jose Yvon (director)
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Parcel delivery
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92322G0765/00A000 | Wallonia | 1,213 m² | 1 · 92 m² | 10.8 m · 3 |