PAREMIS
InactivePAREMIS was declared bankrupt on 22-01-2024 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed by liquidation by judgment of 26-11-2024, published in the Belgian State Gazette on 02-12-2024.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
30 d late
2021
38 d early
2020
61 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 36 days after 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 (1)
History
Financials · fiscal year 2022, micro schema
Equity
€21,051▼ 51.5%
2021 · €43,445
Total assets
€97,315▲ 4.3%
2021 · €93,292
Net result
-€22,393
2021 · €30,144
Working capital
€15,106▼ 57.7%
2021 · €35,714
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
Line20182019202020212022
Operating result€771--€42,805€35,601€41,360▲ 16.2%-€19,667
Net result-€2,597--€47,790▼ 1,740%€30,016€30,144▲ 0.4%-€22,393
Equity€28,375--€16,715€13,301€43,445▲ 227%€21,051▼ 51.5%
Total assets€101,461-€67,821▼ 33.2%€73,526▲ 8.4%€93,292▲ 26.9%€97,315▲ 4.3%
Debt€73,085-€84,536▲ 15.7%€60,225▼ 28.8%€49,848▼ 17.2%€76,264▲ 53.0%
Working capital€26,089--€13,849€19,815€35,714▲ 80.2%€15,106▼ 57.7%
Staff (FTE)11.5▲ 50.0%1.9▲ 26.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €19,667 after €41,360 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €97,315
Fixed assets
€19,845 ▲ 157%
Current assets
€77,470 ▼ 9.5%
Equity and liabilities €97,315
Equity
€21,051 ▼ 51.5%
Debt
€76,264 ▲ 53.0%
Debt's share of the balance-sheet total rises from 53.4% to 78.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€18,517▼
2021 · €44,221
Cash flow
-€21,243▼
2021 · €33,004
Current ratio
1.24▼
2021 · 1.72
Quick ratio
0.51▼
2021 · 0.68
Debt to equity
3.62▲
2021 · 1.15
ROE
-106.4%▼
2021 · 69.4%
ROA
-23.0%▼
2021 · 32.3%
Interest coverage
-5.31▼
2021 · 12.61
Debt ≤ 1 year
€62,364▲
2021 · €49,848
Debt > 1 year
€13,900
Income taxes
€221▼
2021 · €8,065
Staff costs
€43,260▲
2021 · €29,511
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,500 | €11,765 | ▲ 236% |
| Remuneration, social security and pensions62 | - | - | - | €29,511 | €43,260 | ▲ 46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,969 | €7,585 | €7,336 | €2,861 | €1,150 | ▼ 59.8% |
| Other operating charges640/8 | - | - | - | €2,879 | €5,980 | ▲ 108% |
| Gross operating margin9900 | €10,700 | -€32,304 | €62,113 | €76,611 | €30,723 | ▼ 59.9% |
| Operating profit (loss)9901 | €771 | -€42,805 | €35,601 | €41,360 | -€19,667 | ▼ 148% |
| Financial income75/76B | - | - | - | €356 | €980 | ▲ 175% |
| Recurring financial income75 | €195 | €11 | €2 | €356 | €980 | ▲ 175% |
| Financial charges65/66B | - | - | - | €3,507 | €3,484 | ▼ 0.6% |
| Recurring financial charges65 | €2,392 | €4,757 | €5,376 | €3,507 | €3,484 | ▼ 0.6% |
| Profit (loss) for the period before taxes9903 | -€1,425 | -€47,551 | €30,228 | €38,209 | -€22,172 | ▼ 158% |
| Income taxes67/77 | €1,172 | €239 | €212 | €8,065 | €221 | ▼ 97.3% |
| Profit (loss) for the period9904 | -€2,597 | -€47,790 | €30,016 | €30,144 | -€22,393 | ▼ 174% |
| Profit (loss) for the period to be appropriated9905 | -€2,597 | -€47,790 | €30,016 | €30,144 | -€22,393 | ▼ 174% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101,461 | €67,821 | €73,526 | €93,292 | €97,315 | ▲ 4.3% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €18,062 | €11,001 | €4,301 | €7,731 | €19,845 | ▲ 157% |
| Intangible fixed assets21 | €1,104 | €631 | €158 | - | €0 | - |
| Tangible fixed assets22/27 | €15,878 | €9,290 | €3,063 | €2,331 | €14,445 | ▲ 520% |
| Plant, machinery and equipment23 | - | - | - | €2,331 | €4,832 | ▲ 107% |
| Furniture and vehicles24 | - | - | - | - | €9,613 | - |
| Financial fixed assets28 | €1,080 | €1,080 | €1,080 | €5,400 | €5,400 | = |
| Current assets29/58 | €83,399 | €56,820 | €69,225 | €85,561 | €77,470 | ▼ 9.5% |
| Stocks and contracts in progress3 | €43,409 | €37,572 | €41,373 | €51,852 | €45,479 | ▼ 12.3% |
| Stocks30/36 | - | - | - | €51,852 | €45,479 | ▼ 12.3% |
| Amounts receivable within one year40/41 | €36,679 | €15,769 | €22,321 | €28,961 | €25,395 | ▼ 12.3% |
| Trade receivables40 | - | - | - | €1,036 | - | - |
| Other amounts receivable41 | - | - | - | €27,925 | €25,395 | ▼ 9.1% |
| Cash at bank and in hand54/58 | €1,929 | €1,731 | €5,128 | €3,809 | €3,326 | ▼ 12.7% |
| Deferred charges and accrued income490/1 | - | - | - | €940 | €3,270 | ▲ 248% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101,461 | €67,821 | €73,526 | €93,292 | €97,315 | ▲ 4.3% |
| Equity10/15 | €28,375 | -€16,715 | €13,301 | €43,445 | €21,051 | ▼ 51.5% |
| Contributions10/11 | €13,600 | €16,300 | - | €16,300 | €16,300 | = |
| Reserves13 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Non-distributable reserves130/1 | - | - | - | €1,000 | €1,000 | = |
| Reserves not available under the articles1311 | - | - | - | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €13,775 | -€34,015 | -€3,999 | €26,145 | €3,751 | ▼ 85.7% |
| Amounts payable17/49 | €73,085 | €84,536 | €60,225 | €49,848 | €76,264 | ▲ 53.0% |
| Amounts payable after more than one year17 | €15,438 | €13,127 | €10,815 | - | €13,900 | - |
| Financial debts170/4 | - | - | - | - | €13,900 | - |
| Amounts payable within one year42/48 | €57,310 | €70,669 | €49,410 | €49,848 | €62,364 | ▲ 25.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €2,821 | - |
| Financial debts43 | - | - | - | €277 | €11,469 | ▲ 4,048% |
| Credit institutions430/8 | - | - | - | €277 | €11,469 | ▲ 4,048% |
| Trade debts44 | €22,172 | €25,053 | €27,144 | €22,046 | €9,951 | ▼ 54.9% |
| Suppliers440/4 | - | - | - | €22,046 | €9,951 | ▼ 54.9% |
| Taxes, remuneration and social security45 | - | - | - | €27,525 | €38,123 | ▲ 38.5% |
| Taxes450/3 | - | - | - | €22,383 | €32,746 | ▲ 46.3% |
| Remuneration and social security454/9 | - | - | - | €5,141 | €5,376 | ▲ 4.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,597 | -€47,790 | €30,016 | €30,144 | -€22,393 | ▼ 174% |
| + Depreciation and write-downs630 | €7,969 | €7,585 | €7,336 | €2,861 | €1,150 | ▼ 59.8% |
| Operating cash flow (approximation) | €5,372 | -€40,205 | €37,352 | €33,004 | -€21,243 | ▼ 164% |
| Investment in fixed assets (approximation) | - | -€524 | -€636 | -€6,291 | -€13,264 | ▼ 111% |
| Change in cash | - | -€198 | €3,397 | -€1,319 | -€483 | ▲ 63.4% |
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
2024
02-12
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Liège · event 26-11-2024
29-01
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 22-01-2024
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €30,144 ▲0.4%
Operating result €41,360, net result €30,144, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €30,016
Net result €30,016 after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet -€47,790
Net result drops to -€47,790, the lowest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MAXINE BAIVIER BOULEVARD DE LA SAUVE-
NIERE 117, 4000 LIEGE 1 |
22-01-2024 → 26-11-2024 |