PARECO CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of PARECO CONSTRUCT is 3.1% (moderate). The 2025 annual accounts show equity of €18,667 and a net result of €10,363. Equity has been shrinking by about 16% per year since 2018. If that trend continues, it turns negative around financial year 2028. Its solvency ranks better than 11% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 01-07-2014 Normal situation
- Activity
- Joinery installation NACE 43320and 5 others
- Establishment unit
- 2.233.064.417 6536 Thuin, since 01-07-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 25-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.1%
- Gross margin
- €54,812
- ▲ 88.8%
- Turnover
- ≈ €220,000
- estimated
- Profit
- €10,363
- Equity
- €18,667
- ▲ 125%
- Total assets
- €445,723
- ▲ 10.0%
- Staff
- ≈ 0.1 FTE
- estimated
- 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLast filed accounts filed 61 days late; 3 of the last 3 accounts lateLiquidity: current ratio 0.78, cash €49, halvedSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €445,723Show the evidence
Checked score
About 3 in 100 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 43, micro). It does better than 10% of them on solvency, 8% on liquidity, 41% on profitability and 93% on growth.
The bankruptcy probability was computed on 01-11-2026 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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Signals
The company filed its last 7 accounts on average 125 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Lower solvency than 89% of companies in specialised constructionsector median 46.7% · 34,946 companies 4.2% View
Recent changes
- · Gazette deed Registered office · Amendment of the articles · Legal-form change · Resignations & appointments · Miscellaneous
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as PARECO CONSTRUCT: joinery installation (NACE 43320). They are comparable in size and age: total assets between €375,000 and €517,000, founded between 2012 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| PARECO CONSTRUCT Thuin | €445,723 | €54,812 |
| MENUISERIE DELBART Tournai | €386,955 | €53,851 |
| MONS PLACARD ET DRESSING Quaregnon | €374,869 | €65,721 |
| AVANGARDE Antwerpen | €490,830 | €56,321 |
| Frank Interieur Ingelmunster | €397,321 | €49,477 |
| WOOD SIDE STORY Wavre | €427,215 | €68,053 |
| Doorsystems Orp-Jauche | €517,338 | €48,049 |
Key facts about PARECO CONSTRUCT
- What is the company number of PARECO CONSTRUCT?
- The company number of PARECO CONSTRUCT is 0554.942.740. The VAT number is the same number with BE in front: BE 0554.942.740.
- Where is PARECO CONSTRUCT based?
- The registered office is at Rue de l' Yser(THL) 38/1, 6536 Thuin.Company details
- What does PARECO CONSTRUCT do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of PARECO CONSTRUCT?
- The legal form of PARECO CONSTRUCT is Private limited company (BV).
- When was PARECO CONSTRUCT founded?
- PARECO CONSTRUCT was founded on 01-07-2014.
- Is PARECO CONSTRUCT still active?
- Yes, PARECO CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of PARECO CONSTRUCT?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €54,812 and 38 comparable companies (NACE 43320). It probably lies between €160,000 and €340,000. In financial year 2023 turnover was €220,351.Financials
- Is PARECO CONSTRUCT profitable?
- In financial year 2025, PARECO CONSTRUCT made a profit of €10,363.
- Where can I find the annual accounts of PARECO CONSTRUCT?
- PARECO CONSTRUCT filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PARECO CONSTRUCT due?
- PARECO CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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