Equity
-€810
Debts exceed assets in financial year 2025.
PARILLO
Lifetime
5 annual accounts with figures on one time axispeak €330,645 (2021)
€245,384▲ 9.8%
lowest -€11,297 (2024)
-€2,857▲ €8,439
peak €14,016 (2022)
-€810▼ €2,857
€78,538▲ 83.4%
Board2 names since 2020
-
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Gross margin from €13,552 to €3,645Loss of €2,857Equity from €2,047 to -€810Debts from €42,812 to €78,538Cash from €5,636 to €37,925
Key points
from the 2025 annual accountsLosses
-€14,154 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€78,538 101% of the balance sheet
Suppliers 88%Taxes and wages 12%
Payment terms
104 days to suppliers
PARILLO pays its suppliers 37 days later than in 2024. Customers pay 5 days earlier.
Filings
5 annual accounts 2 late
The 2021 accounts came latest: 26 days after the end of the period.
Position in the sector
-€810
Less equity than 91% of companies in specialised construction. Sector median €57,716 · 35,168 companies.
Checked score
54
Fair
Financially stronger than 24% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.4%▲ +0.1 percentage points vs 02-2025
04-2025: 1.5%▲ +0.1 percentage points vs 03-2025
05-2025: 1.6%▲ +0.1 percentage points vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.1 percentage points vs 06-2025
08-2025: 2.2%▲ +0.5 percentage points vs 07-2025
09-2025: 2.2%● unchanged vs 08-2025
10-2025: 2.2%● unchanged vs 09-2025
11-2025: 2.1%▼ -0.1 percentage points vs 10-2025
12-2025: 2.0%▼ -0.1 percentage points vs 11-2025
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 2.0%● unchanged vs 01-2026
03-2026: 2.2%▲ +0.2 percentage points vs 02-2026
04-2026: 2.3%▲ +0.1 percentage points vs 03-2026
05-2026: 2.3%● unchanged vs 04-2026highest value
06-2026: 2.3%● unchanged vs 05-2026
07-2026: 2.3%● unchanged vs 06-2026
08-2026: 1.1%▼ -1.2 percentage points vs 07-2026lowest value
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€810
Founded in 2020
lowers risk
Liquidity: current ratio 0.94, cash €37,925
Size: turnover €245,384, total assets €77,728
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 8% of them on solvency, 43% on liquidity, 13% on profitability and 32% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,564 companies had the same profile as PARILLO has now. Each dot stands for 4 companies, two years later.
88.9%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PARILLO itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,564 companies, not a prediction for PARILLO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.94 (0.93 in 2024), below 1. Short-term debt is 101% and cash 48.8% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€810
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 09-07-2026, 22 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
22 days early
2024
22 days early
2023
on the day
2022
18 days late
2021
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average on the deadline day. 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
last known board- PARILLO Biagio founderdeed of 06-11-2020
- PARILLO Johnny founderdeed of 06-11-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0757792803
Incorporation
Founding capital of €2,000, 100 shares · Founders: PARILLO Biagio and PARILLO Johnny · Appointments: PARILLO Biagio (director) and PARILLO Johnny (director) · published on 06-11-2020 · Gazette deed
First establishment
Sentier de la Forge 25, Courcelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PARILLO Courcelles | €77,728 | €3,645 | -1.0% | - |
| VDA VLOEREN Geraardsbergen | €79,100 | €3,442 | 30.8% | - |
| PAMAL Sint-Martens-Latem | €83,483 | €4,444 | 50.2% | - |
| Verslype Birger Poperinge | €94,134 | €3,611 | -43.5% | - |
| HOME MENUISERIE CONCEPT La Louvière | €68,107 | €4,976 | -104.4% | - |
| THE WOOD CONCEPT Charleroi | €98,940 | €3,301 | 70.2% | - |
| AJ WOOD Incourt | €75,171 | €5,332 | -58.9% | - |
These companies have the same main activity as PARILLO: joinery installation (NACE 43320). They are comparable in size and age: total assets between €68,100 and €98,900, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 04-11-2020Normal situation
- Activity
- Joinery installationNACE 43320and 1 other
- Establishment unit
- 2.310.826.0506183 Courcelles, since 04-11-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Annual accounts 2025
- €77,728▲ 73.3%
- ≈ 0.1 FTEestimated
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on PARILLO
PARILLO has existed since 2020. Turnover fell from €330,645 in 2021 to €245,384 in 2025.
Solvency fell in 2025 from 4.6% to -1.0% because of the loss and higher debts to suppliers.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PARILLO
- What is the company number of PARILLO?
- The company number of PARILLO is 0757.792.803. The VAT number is the same number with BE in front: BE 0757.792.803.
- Where is PARILLO based?
- The registered office is at Rue du Général de Gaulle 91, 6180 Courcelles.Company details
- What does PARILLO do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of PARILLO?
- PARILLO is a private limited company (BV).
- When was PARILLO founded?
- PARILLO was founded on 04-11-2020.
- Is PARILLO still active?
- Yes, PARILLO is an active enterprise in the KBO register.
- How many employees does PARILLO have?
- PARILLO had an average of 0.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of PARILLO?
- The turnover of PARILLO was €245,384 in financial year 2025, according to the filed annual accounts.
- Is PARILLO profitable?
- In financial year 2025, PARILLO made a loss of €2,857.
- Where can I find the annual accounts of PARILLO?
- PARILLO filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PARILLO due?
- PARILLO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.