PARCO
ActiveSummary
PARCO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €610,588 and a net result of -€31,214. Equity remains stable across the filed fiscal years (±1.7% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▼-6
Solvency70▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 3.75 against 1.97 in 2024; short-term debt: 17.5% and cash: 5.1% of total assets), but 54.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€31,214
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
71 d early
2023
61 d early
2022
84 d early
2021
81 d early
2020
82 d early
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 67 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€610,588▼ 4.9%
2024 · €641,803
Total assets
€1.4m▼ 31.7%
2024 · €2.0m
Net result
-€31,214▼ 681%
2024 · -€3,999
Working capital
€650,240▼ 14.1%
2024 · €757,125
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€41,705▼ 94.1%€40,935▼ 1.8%€67,268▲ 64.3%€85,483▲ 27.1%€9,676▼ 88.7%
Net result€5,957▼ 98.7%-€2,971€15,331-€3,999-€31,214▼ 681%
Equity€633,442▲ 0.9%€630,471▼ 0.5%€645,802▲ 2.4%€641,803▼ 0.6%€610,588▼ 4.9%
Total assets€2.7m▲ 38.9%€2.3m▼ 14.6%€2.1m▼ 10.8%€2.0m▼ 4.9%€1.4m▼ 31.7%
Debt€2.1m▲ 56.7%€1.7m▼ 18.8%€1.4m▼ 15.7%€1.3m▼ 6.8%€742,699▼ 44.6%
Working capital€1.6m▲ 91.6%€1.3m▼ 19.5%€1.1m▼ 16.9%€757,125▼ 28.7%€650,240▼ 14.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 89% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€466,586 ▲ 4.4%
Current assets
€886,702 ▼ 42.2%
Equity and liabilities €1.4m
Equity
€610,588 ▼ 4.9%
Debt
€742,699 ▼ 44.6%
Debt's share of the balance-sheet total falls from 67.6% to 54.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€31,798▼
2024 · €108,041
Cash flow
-€9,093▼
2024 · €18,559
Current ratio
3.75▲
2024 · 1.97
Quick ratio
0.32▲
2024 · 0.04
Debt to equity
1.22▼
2024 · 2.09
ROE
-5.1%▼
2024 · -0.6%
ROA
-2.3%▼
2024 · -0.2%
Interest coverage
0.78▼
2024 · 1.18
Debt ≤ 1 year
€236,461▼
2024 · €777,426
Debt > 1 year
€504,346▼
2024 · €562,289
Income taxes
€199▼
2024 · €1,901
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
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: 0.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 8,616 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,211 | €20,277 | €22,015 | €22,558 | €22,122 | ▼ 1.9% |
| Other operating charges640/8 | €105,745 | €7,212 | €9,862 | €8,091 | €6,206 | ▼ 23.3% |
| Gross operating margin9900 | €166,661 | €68,424 | €99,145 | €116,132 | €38,004 | ▼ 67.3% |
| Operating profit (loss)9901 | €41,705 | €40,935 | €67,268 | €85,483 | €9,676 | ▼ 88.7% |
| Financial income75/76B | €1 | €12 | €6,945 | €3,822 | €170 | ▼ 95.6% |
| Recurring financial income75 | €1 | €12 | €109 | €3,822 | €170 | ▼ 95.6% |
| Non-recurring financial income76B | - | - | €6,836 | - | - | - |
| Financial charges65/66B | €29,492 | €41,132 | €48,819 | €91,403 | €40,861 | ▼ 55.3% |
| Recurring financial charges65 | €29,492 | €41,132 | €48,819 | €91,403 | €40,861 | ▼ 55.3% |
| Profit (loss) for the period before taxes9903 | €12,215 | -€186 | €25,394 | -€2,098 | -€31,015 | ▼ 1,378% |
| Income taxes67/77 | €6,257 | €2,785 | €10,064 | €1,901 | €199 | ▼ 89.5% |
| Profit (loss) for the period9904 | €5,957 | -€2,971 | €15,331 | -€3,999 | -€31,214 | ▼ 681% |
| Profit (loss) for the period to be appropriated9905 | €5,957 | -€2,971 | €15,331 | -€3,999 | -€31,214 | ▼ 681% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.7m | €2.3m | €2.1m | €2.0m | €1.4m | ▼ 31.7% |
| Fixed assets21/28 | €478,935 | €468,056 | €467,424 | €446,966 | €466,586 | ▲ 4.4% |
| Tangible fixed assets22/27 | €478,935 | €468,056 | €467,424 | €446,966 | €466,586 | ▲ 4.4% |
| Land and buildings22 | €465,904 | €449,578 | €453,845 | €435,381 | €416,917 | ▼ 4.2% |
| Furniture and vehicles24 | €5,775 | €12,259 | €8,397 | €7,440 | €46,560 | ▲ 526% |
| Other tangible fixed assets26 | €7,256 | €6,219 | €5,183 | €4,146 | €3,110 | ▼ 25.0% |
| Current assets29/58 | €2.3m | €1.9m | €1.6m | €1.5m | €886,702 | ▼ 42.2% |
| Stocks and contracts in progress3 | €1.9m | €1.8m | €1.3m | €1.5m | €811,399 | ▼ 46.0% |
| Stocks30/36 | €1.9m | €1.8m | €1.3m | €1.5m | €811,399 | ▼ 46.0% |
| Amounts receivable within one year40/41 | €201,240 | €36,740 | €40,435 | €8,388 | €3,451 | ▼ 58.9% |
| Trade receivables40 | - | €35,500 | €35,500 | - | - | - |
| Other amounts receivable41 | €201,240 | €1,240 | €4,935 | €8,388 | €3,451 | ▼ 58.9% |
| Current investments50/53 | - | - | €192,222 | - | €2,468 | - |
| Cash at bank and in hand54/58 | €141,664 | €53,584 | €44,546 | €24,939 | €69,384 | ▲ 178% |
| Deferred charges and accrued income490/1 | €2,854 | €2,124 | €1,942 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.7m | €2.3m | €2.1m | €2.0m | €1.4m | ▼ 31.7% |
| Equity10/15 | €633,442 | €630,471 | €645,802 | €641,803 | €610,588 | ▼ 4.9% |
| Contributions10/11 | €153,600 | €153,600 | €153,600 | €153,600 | €153,600 | = |
| Reserves13 | €479,820 | €479,820 | €492,170 | €492,170 | €492,170 | = |
| Non-distributable reserves130/1 | €15,360 | - | - | - | - | - |
| Reserves not available under the articles1311 | €15,360 | - | - | - | - | - |
| Distributable reserves133 | €464,460 | €479,820 | €492,170 | €492,170 | €492,170 | = |
| Profit (loss) carried forward14 | €22 | -€2,949 | €32 | -€3,968 | -€35,182 | ▼ 787% |
| Amounts payable17/49 | €2.1m | €1.7m | €1.4m | €1.3m | €742,699 | ▼ 44.6% |
| Amounts payable after more than one year17 | €1.4m | €1.1m | €881,249 | €562,289 | €504,346 | ▼ 10.3% |
| Financial debts170/4 | €1.4m | €1.1m | €881,249 | €562,289 | €504,346 | ▼ 10.3% |
| Amounts payable within one year42/48 | €666,831 | €589,881 | €554,680 | €777,426 | €236,461 | ▼ 69.6% |
| Current portion of amounts payable after more than one year42 | €30,718 | €27,148 | €27,662 | €28,185 | €28,718 | ▲ 1.9% |
| Financial debts43 | €200,000 | - | - | - | - | - |
| Credit institutions430/8 | €200,000 | - | - | - | - | - |
| Trade debts44 | €285 | €7,941 | €337 | €2,933 | €5,230 | ▲ 78.4% |
| Suppliers440/4 | €285 | €7,941 | €337 | €2,933 | €5,230 | ▲ 78.4% |
| Taxes, remuneration and social security45 | €19,287 | €2,785 | €2,785 | - | €200 | - |
| Taxes450/3 | €19,287 | €2,785 | €2,785 | - | €200 | - |
| Other amounts payable47/48 | €416,541 | €552,008 | €523,897 | €746,309 | €202,313 | ▼ 72.9% |
| Accrued charges and deferred income492/3 | - | €788 | €2,242 | - | €1,891 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,957 | -€2,971 | €15,331 | -€3,999 | -€31,214 | ▼ 681% |
| + Depreciation and write-downs630 | €19,211 | €20,277 | €22,015 | €22,558 | €22,122 | ▼ 1.9% |
| Operating cash flow (approximation) | €25,168 | €17,307 | €37,345 | €18,559 | -€9,093 | ▼ 149% |
| Investment in fixed assets (approximation) | - | -€9,399 | -€21,383 | -€2,100 | -€41,741 | ▼ 1,888% |
| Change in cash | - | -€88,080 | -€9,038 | -€19,607 | €44,445 | ▲ 327% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €15,331
Net result €15,331 after one loss-making year.
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €456,915 ▲206%
Operating result €710,928, net result €456,915, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.29
Current ratio from 0.69 to 2.29; short-term debt falls from €769,813 to €642,468.
31-12
Financial
Equity above €500,000Eq €627,485 ▲268%
2 profitable years in a row build equity to €627,485.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €149,389
Net result €149,389 after one loss-making year.
Show earlier events
31-12
Financial
Equity above €150,000Eq €170,570 ▲705%
Equity rises from €21,181 to €170,570.
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 54 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Antwerpen · 1 establishment unit since 1997
Ground area
3,226 m²
Building footprint
493 m²
Parcel 11803C1834/00E000, Flanders. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Lombardenvest 63, 2000 Antwerpen
since 19972.082.230.704
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C1834/00E000 | Flanders | 3,226 m² | 1 · 493 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPrivate limited company
Founded30-05-1997
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0460763856
Also
9925:BE0460763856
Registered
01-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.