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Parcours

Active
Private limited companyfounded 201610 yrs activeBeuntstraat 7, 2570 Duffel, BelgiumKBO/BCE: BE 0656.485.409
Summary

The annual accounts of Parcours for fiscal year 2025 show a net loss of 198% of total assets and of 86% of the equity at the start of that year. The 2025 annual accounts show equity of €3,731 and a net result of -€23,268. Its solvency ranks better than 38% of 790 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency57▼-43
Growth32
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.47 against 2.58 in 2024; short-term debt: 68.3% and cash: 6.6% of total assets), and 68.3% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025
Solvency, return and age of the figures
Solvency
31.7%
Return on assets
-197.8%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
8 d early
2024
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

Parcours was incorporated on 8 June 2016.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€3,731▼ 86.2%
2024 · €26,999
Total assets
€11,762▼ 66.5%
2024 · €35,139
Net result
-€23,268
2024 · €10,177
Working capital
-€4,221
2024 · €12,886
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€14,859--€22,651
Net result€10,177within the sector's middle half--€23,268below the sector's middle half
Equity€26,999within the sector's middle half-€3,731below the sector's middle half▼ 86.2%
Total assets€35,139below the sector's middle half-€11,762below the sector's middle half▼ 66.5%
Debt€8,140-€8,032▼ 1.3%
Working capital€12,886--€4,221
Solvency76.8%above the sector's middle half-31.7%within the sector's middle half▼ 45.1pp
above within below the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000Operating result 2024: €14,859€14,859Net result 2024: €10,177€10,177Operating result 2025: -€22,651-€22,651Net result 2025: -€23,268-€23,26820242025-€30,000-€20,000-€10,000€0€10,000Operating result 2024: €14,859€14,900Net result 2024: €10,177€10,200Operating result 2025: -€22,651-€22,700Net result 2025: -€23,268-€23,30020242025
The operating result turns negative in 2025: a loss of €22,651 after €14,859 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11,762
Fixed assets €7,952 ▼ 43.7%
Current assets €3,811 ▼ 81.9%
Equity and liabilities €11,762
Equity €3,731 ▼ 86.2%
Debt €8,032 ▼ 1.3%
Debt's share of the balance-sheet total rises from 23.2% to 68.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€16,490▼
2024 · €19,214
Cash flow
-€17,107▼
2024 · €14,531
Current ratio
0.47▼
2024 · 2.58
Debt to equity
2.15▲
2024 · 0.30
ROE
-623.7%▼
2024 · 37.7%
ROA
-197.8%▼
2024 · 29.0%
Interest coverage
-36.40▼
2024 · 35.35
Debt ≤ 1 year
€8,032▼
2024 · €8,140
Income taxes
€173▼
2024 · €4,149
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.9% went bankrupt
9.9% stopped otherwise
88% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 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 4,815 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 · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€35,139€11,762▼
Fixed assets21/28€14,113€7,952▼
Tangible fixed assets22/27€14,113€7,952▼
Plant, machinery and equipment23€939€391▼
Furniture and vehicles24€13,174€7,560▼
Current assets29/58€21,026€3,811▼
Amounts receivable within one year40/41€4,803€2,414▼
Trade receivables40€0€252▲
Other amounts receivable41€4,803€2,162▼
Cash at bank and in hand54/58€12,492€773▼
Deferred charges and accrued income490/1€3,731€624▼
Equity and liabilities
Total equity and liabilities10/49€35,139€11,762▼
Equity10/15€26,999€3,731▼
Contributions10/11€2,500€2,500=
Reserves13€250€250=
Non-distributable reserves130/1€250€250=
Reserves not available under the articles1311€250€250=
Profit (loss) carried forward14€24,249€981▼
Amounts payable17/49€8,140€8,032▼
Amounts payable within one year42/48€8,140€8,032▼
Trade debts44€5,932€1,249▼
Suppliers440/4€5,932€1,249▼
Taxes, remuneration and social security45€2,208€314▼
Taxes450/3€891€314▼
Remuneration and social security454/9€1,317€0▼
Other amounts payable47/48€0€6,468▲
Income statement Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,355€6,161▲
Other operating charges640/8€2,346€855▼
Gross operating margin9900€21,560-€15,635▼
Operating profit (loss)9901€14,859-€22,651▼
Financial income75/76B€10€9▼
Recurring financial income75€10€9▼
Financial charges65/66B€544€453▼
Recurring financial charges65€544€453▼
Profit (loss) for the period before taxes9903€14,326-€23,095▼
Income taxes67/77€4,149€173▼
Profit (loss) for the period9904€10,177-€23,268▼
Profit (loss) for the period to be appropriated9905€10,177-€23,268▼
Appropriation of the result
Profit (loss) to be appropriated9906€24,249€981▼
Profit (loss) brought forward from the previous period14P€14,072€24,249▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,355€6,161▲ 41.5%
Other operating charges640/8€2,346€855▼ 63.6%
Gross operating margin9900€21,560-€15,635▼ 173%
Operating profit (loss)9901€14,859-€22,651▼ 252%
Financial income75/76B€10€9▼ 10.2%
Recurring financial income75€10€9▼ 10.2%
Financial charges65/66B€544€453▼ 16.7%
Recurring financial charges65€544€453▼ 16.7%
Profit (loss) for the period before taxes9903€14,326-€23,095▼ 261%
Income taxes67/77€4,149€173▼ 95.8%
Profit (loss) for the period9904€10,177-€23,268▼ 329%
Profit (loss) for the period to be appropriated9905€10,177-€23,268▼ 329%
Line20242025Change
Assets
Total assets20/58€35,139€11,762▼ 66.5%
Fixed assets21/28€14,113€7,952▼ 43.7%
Tangible fixed assets22/27€14,113€7,952▼ 43.7%
Plant, machinery and equipment23€939€391▼ 58.3%
Furniture and vehicles24€13,174€7,560▼ 42.6%
Current assets29/58€21,026€3,811▼ 81.9%
Amounts receivable within one year40/41€4,803€2,414▼ 49.7%
Trade receivables40€0€252-
Other amounts receivable41€4,803€2,162▼ 55.0%
Cash at bank and in hand54/58€12,492€773▼ 93.8%
Deferred charges and accrued income490/1€3,731€624▼ 83.3%
Equity and liabilities
Total equity and liabilities10/49€35,139€11,762▼ 66.5%
Equity10/15€26,999€3,731▼ 86.2%
Contributions10/11€2,500€2,500=
Reserves13€250€250=
Non-distributable reserves130/1€250€250=
Reserves not available under the articles1311€250€250=
Profit (loss) carried forward14€24,249€981▼ 96.0%
Amounts payable17/49€8,140€8,032▼ 1.3%
Amounts payable within one year42/48€8,140€8,032▼ 1.3%
Trade debts44€5,932€1,249▼ 78.9%
Suppliers440/4€5,932€1,249▼ 78.9%
Taxes, remuneration and social security45€2,208€314▼ 85.8%
Taxes450/3€891€314▼ 64.7%
Remuneration and social security454/9€1,317€0▼ 100%
Other amounts payable47/48€0€6,468-
Line20242025Change
Profit (loss) for the period9904€10,177-€23,268▼ 329%
+ Depreciation and write-downs630€4,355€6,161▲ 41.5%
Operating cash flow (approximation)€14,531-€17,107▼ 218%
Investment in fixed assets (approximation)-€0-
Change in cash--€11,719-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB 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, Duffel · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
196 m²
Building footprint
75 m²
Volume, LiDAR
471 m³
Parcel 12009A0452/00A006, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Parcours
Beuntstraat 7, 2570 DuffelRetail trade
since 20162.253.950.002
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12009A0452/00A006 Flanders 196 m² 1 · 75 m² 8.6 m · 2 fl.
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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 138 EUR awarded · 138 EUR paid
Year Entries awardedpaid
2024 1 138 EUR138 EUR
Schemes
1 entry · 138 EUR · 138 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 2,360 companies in sector 78100 we hold annual accounts for 1,364. 360 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
Founded08-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
78100Employment placement agencies
82990Other business support services
85599Other education
86995Nutrition and dietetics services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0656485409
Also 9925:BE0656485409
Registered 16-12-2025

Register as of 27 September 2026 · Peppol Directory

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