PARGECO
ActivePARGECO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €501k and a net result of €-10k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 19% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
20
/ 100
Critical▼ -36 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-70
Solvency19▲+2
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97 against 0.8 in 2024), and 86.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 31527 sector peers (2025).
NBB · sector comparisonPosition among 31527 sector peers
Solvency
better than 19%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 d late
2023
29 d late
2022
29 d late
2021
23 d late
2020
1 d early
2019
68 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€501k▼ 2.0%
2024 · €511k
2019: €563k
2021: €500k
2022: €391k
2023: €439k
2024: €511k
2019 → 2025
Total assets
€3.81M▲ 17.4%
2024 · €3.24M
2019: €2.27M
2021: €3.08M
2022: €3.24M
2023: €3.19M
2024: €3.24M
2019 → 2025
Net result
€-10k
2024 · €72k
2019: €51k
2021: €24k
2022: €-109k
2023: €48k
2024: €72k
2019 → 2025
Working capital
€-34k▲ 45.6%
2024 · €-62k
2019: €-93k
2021: €-215k
2022: €72k
2023: €4k
2024: €-62k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€500k-€391k▼ 21.8%€439k▲ 12.4%€511k▲ 16.4%€501k▼ 2.0%
Operating result€71k-€-37k€144k€174k▲ 20.9%€66k▼ 61.9%
Net result€24k-€-109k€48k€72k▲ 48.5%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.81M
Fixed assets
€2.88M▼ 4.1%
Current assets
€928k▲ 286%
Equity and liabilities €3.81M
Equity
€501k▼ 2.0%
Debt
€3.31M▲ 21.0%
The debt ratio rises from 84.2% to 86.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€200k▼
2024 · €309k
Cash flow
€124k▼
2024 · €206k
Solvency
13.2%▼
2024 · 15.8%
Current ratio
0.97▲
2024 · 0.80
Quick ratio
0.97▲
2024 · 0.80
Debt / equity
6.60▲
2024 · 5.34
ROE
-2.0%▼
2024 · 14.1%
ROA
-0.3%▼
2024 · 2.2%
Interest coverage
2.59▼
2024 · 3.93
Debt
€3.31M▲
2024 · €2.73M
Debt ≤ 1 year
€962k▲
2024 · €302k
Debt > 1 year
€2.34M▼
2024 · €2.43M
Income taxes
€-536▼
2024 · €25k
Staff costs
€64k▼
2024 · €65k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.24M€3.81M▲
Fixed assets21/28€3.00M€2.88M▼
Tangible fixed assets22/27€3.00M€2.88M▼
Land and buildings22€2.95M€2.83M▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€51k€47k▼
Financial fixed assets28€60€60=
Current assets29/58€241k€928k▲
Amounts receivable within one year40/41€190k€904k▲
Trade receivables40€176k€666k▲
Other amounts receivable41€14k€238k▲
Cash at bank and in hand54/58€46k€16k▼
Deferred charges and accrued income490/1€4k€9k▲
Equity and liabilities
Total equity and liabilities10/49€3.24M€3.81M▲
Equity10/15€511k€501k▼
Contributions10/11€525k€525k=
Reserves13€10k€10k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€8k€8k=
Profit (loss) carried forward14€-24k€-34k▼
Amounts payable17/49€2.73M€3.31M▲
Amounts payable after more than one year17€2.43M€2.34M▼
Financial debts170/4€1.55M€1.50M▼
Other amounts payable178/9€877k€843k▼
Amounts payable within one year42/48€302k€962k▲
Current portion of amounts payable after more than one year42€58k€60k▲
Trade debts44€104k€843k▲
Suppliers440/4€104k€843k▲
Taxes, remuneration and social security45€84k€59k▼
Taxes450/3€78k€51k▼
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€55k€645▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Remuneration, social security and pensions62€65k€64k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€134k€134k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-69k-
Other operating charges640/8€15k€10k▼
Gross operating margin9900€319k€274k▼
Operating profit (loss)9901€174k€66k▼
Financial income75/76B€2k€296▼
Recurring financial income75€2k€296▼
Financial charges65/66B€78k€77k▼
Recurring financial charges65€78k€77k▼
Profit (loss) for the period before taxes9903€97k€-11k▼
Income taxes67/77€25k€-536▼
Profit (loss) for the period9904€72k€-10k▼
Profit (loss) for the period to be appropriated9905€72k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-34k▼
Profit (loss) brought forward from the previous period14P€-95k€-24k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
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
2024
31-12
Financial
Highest result since 2019net €72k ▲48.5%
Operating result €174k, net result €72k, both a record.
31-12
Financial
Equity above €500kEq €511k ▲16.4%
2 profitable years in a row build equity to €511k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
13-11
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-109k ▼559%
Net result drops to €-109k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 1.55
Current ratio from 0.45 to 1.55; short-term debt falls from €390k to €132k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
07-08
State Gazette act
General meeting · Auditor reappointment
Permanent representative · Director appointment
31-07
State Gazette act
Board meeting · Director appointment
Permanent representative
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
30-09
State Gazette act
General meeting · Auditor reappointment
Permanent representative · Director resignation
29-07
State Gazette act
Statutes amendment · Director resignation
Director discharge · Director reappointment
2015
03-08
State Gazette act
General meeting · Director appointment
Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Lasne · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Smohain 131380 LasneGround area
3,856 m²
Building footprint
22 m²
Volume, LiDAR
265 m³
Parcel 25076B0220/00V000, Wallonia · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PARGECO
since 20122.212.340.465
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076B0220/00V000 | Wallonia | 3,856 m² | 1 · 22 m² | 15.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Similar companies · same sector, comparable size
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Why2What
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JOLIBAR
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DBG CONSULTING
BE 0888.415.179
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JBO CONSULTING
BE 0477.319.182
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 34,491 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-06-2012
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.