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PARK

Active
Private limited companyfounded 200421 yrs activeRue de Bois Seigneur Isaac 168, 1421 Braine-l'Alleud, BelgiumKBO/BCE: BE 0870.799.880
Summary

PARK has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,687) and a net result of €1,017. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 666 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six 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
Age of the figures
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 32
Relative position
BE, all sectors
reference
Other manufacturing (NACE 32)
about 28% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 666 sector peers (2025).
NBB · sector comparison
Position among 666 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 10 filings
Deviation from the deadline
2025
17 d late
2024
27 d late
2023
188 d late
2022
30 d late
2021
75 d late
2020
32 d early
2019
70 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 54 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 40% 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. Usually files around 30 August (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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

On 24 December 2004, PARK was incorporated.1 Total assets went from EUR 31,005 in 2018 to EUR 2,902 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€5,687▲ 15.2%
2024 · -€6,704
Total assets
€2,902▼ 23.4%
2024 · €3,787
Net result
€1,017▼ 42.7%
2024 · €1,775
Working capital
-€8,589▲ 3.5%
2024 · -€8,902
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 32, Other manufacturing, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€16,017-€994▲ 93.8%-€5,369▼ 440%€2,499€1,292▼ 48.3%
Net result-€16,271below the sector's middle half-€994within the sector's middle half▲ 93.9%-€5,369below the sector's middle half▼ 440%€1,775within the sector's middle half€1,017within the sector's middle half▼ 42.7%
Equity-€2,115below the sector's middle half-€3,110below the sector's middle half▼ 47.0%-€8,478below the sector's middle half▼ 173%-€6,704below the sector's middle half▲ 20.9%-€5,687below the sector's middle half▲ 15.2%
Total assets€1,248below the sector's middle half▼ 96.2%€149below the sector's middle half▼ 88.1%€780below the sector's middle half▲ 425%€3,787below the sector's middle half▲ 386%€2,902below the sector's middle half▼ 23.4%
Debt€3,363▼ 82.0%€3,258▼ 3.1%€9,258▲ 184%€10,491▲ 13.3%€8,589▼ 18.1%
Working capital-€2,115below the sector's middle half-€3,110below the sector's middle half▼ 47.0%-€8,478below the sector's middle half▼ 173%-€8,902below the sector's middle half▼ 5.0%-€8,589below the sector's middle half▲ 3.5%
Solvency
Current ratio
Return on assets (ROA)
above within below the middle half (P25 to P75) of NACE 32, Other manufacturing, 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
-€20,000-€15,000-€10,000-€5,000€0Operating result 2021: -€16,017-€16,017Net result 2021: -€16,271-€16,271Operating result 2022: -€994-€994Net result 2022: -€994-€994Operating result 2023: -€5,369-€5,369Net result 2023: -€5,369-€5,369Operating result 2024: €2,499€2,499Net result 2024: €1,775€1,775Operating result 2025: €1,292€1,292Net result 2025: €1,017€1,01720212022202320242025-€6,000-€4,000-€2,000€0€2,000Operating result 2023: -€5,369-€5,370Net result 2023: -€5,369-€5,370Operating result 2024: €2,499€2,500Net result 2024: €1,775€1,770Operating result 2025: €1,292€1,290Net result 2025: €1,017€1,020202320242025
The operating result falls in 2025; 2025 is 48% below 2024.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,075▼
2024 · €2,730
Cash flow
€1,800▼
2024 · €2,005
Debt ≤ 1 year
€8,589▼
2024 · €10,491
Income taxes
€276▼
2024 · €725
Ratios withheld: a balance sheet total of €2,902 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.7% went bankrupt
5.3% stopped otherwise
92% 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 0.6% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

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 3,795 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 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€3,787€2,902▼
Fixed assets21/28€2,198€2,902▲
Tangible fixed assets22/27€2,198€2,902▲
Furniture and vehicles24€2,198€2,902▲
Current assets29/58€1,589€0▼
Amounts receivable within one year40/41€1,589€0▼
Trade receivables40€1,100€0▼
Other amounts receivable41€489€0▼
Equity and liabilities
Total equity and liabilities10/49€3,787€2,902▼
Equity10/15-€6,704-€5,687▲
Contributions10/11€6,200€6,200=
Reserves13€4,099€4,099=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€2,239€2,239=
Profit (loss) carried forward14-€17,003-€15,986▲
Amounts payable17/49€10,491€8,589▼
Amounts payable within one year42/48€10,491€8,589▼
Trade debts44€759€0▼
Suppliers440/4€759€0▼
Taxes, remuneration and social security45€725€294▼
Taxes450/3€725€294▼
Other amounts payable47/48€9,008€8,295▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€230€783▲
Other operating charges640/8€387€400▲
Gross operating margin9900€3,117€2,475▼
Operating profit (loss)9901€2,499€1,292▼
Profit (loss) for the period before taxes9903€2,499€1,292▼
Income taxes67/77€725€276▼
Profit (loss) for the period9904€1,775€1,017▼
Profit (loss) for the period to be appropriated9905€1,775€1,017▼
Appropriation of the result
Profit (loss) to be appropriated9906-€17,003-€15,986▲
Profit (loss) brought forward from the previous period14P-€18,778-€17,003▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€230€783▲ 240%
Other operating charges640/8€2,242€386€348€387€400▲ 3.2%
Gross operating margin9900-€13,775-€609-€5,021€3,117€2,475▼ 20.6%
Operating profit (loss)9901-€16,017-€994-€5,369€2,499€1,292▼ 48.3%
Financial charges65/66B€94-€0---
Recurring financial charges65€94-€0---
Profit (loss) for the period before taxes9903-€16,111-€994-€5,369€2,499€1,292▼ 48.3%
Income taxes67/77€161--€725€276▼ 61.9%
Profit (loss) for the period9904-€16,271-€994-€5,369€1,775€1,017▼ 42.7%
Profit (loss) for the period to be appropriated9905-€16,271-€994-€5,369€1,775€1,017▼ 42.7%
Line20212022202320242025Change
Assets
Total assets20/58€1,248€149€780€3,787€2,902▼ 23.4%
Fixed assets21/28---€2,198€2,902▲ 32.0%
Tangible fixed assets22/27---€2,198€2,902▲ 32.0%
Furniture and vehicles24---€2,198€2,902▲ 32.0%
Current assets29/58€1,248€149€780€1,589€0▼ 100%
Amounts receivable within one year40/41€108€149€515€1,589€0▼ 100%
Trade receivables40--€222€1,100€0▼ 100%
Other amounts receivable41€108€149€293€489€0▼ 100%
Cash at bank and in hand54/58€1,139-€265---
Equity and liabilities
Total equity and liabilities10/49€1,248€149€780€3,787€2,902▼ 23.4%
Equity10/15-€2,115-€3,110-€8,478-€6,704-€5,687▲ 15.2%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10€6,200-----
Issued capital100€18,600-----
Uncalled capital101€12,400-----
Outside capital11-€6,200----
Other1109/19-€6,200----
Reserves13€4,099€4,099€4,099€4,099€4,099=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Legal reserve130€1,860-----
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133€2,239€2,239€2,239€2,239€2,239=
Profit (loss) carried forward14-€12,415-€13,409-€18,778-€17,003-€15,986▲ 6.0%
Amounts payable17/49€3,363€3,258€9,258€10,491€8,589▼ 18.1%
Amounts payable within one year42/48€3,363€3,258€9,258€10,491€8,589▼ 18.1%
Trade debts44--€183€759€0▼ 100%
Suppliers440/4--€183€759€0▼ 100%
Advances received on contracts in progress46--€1,331---
Taxes, remuneration and social security45€80--€725€294▼ 59.4%
Taxes450/3€80--€725€294▼ 59.4%
Other amounts payable47/48€3,283€3,258€7,744€9,008€8,295▼ 7.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€16,271-€994-€5,369€1,775€1,017▼ 42.7%
+ Depreciation and write-downs630---€230€783▲ 240%
Operating cash flow (approximation)-€16,271-€994-€5,369€2,005€1,800▼ 10.2%
Investment in fixed assets (approximation)-----€1,487-

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
17-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
04-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 188 days late
2024
31-12
Financial Back to profitnet €1,775
Net result €1,775 after 3 loss-making years.
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
14-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial Weakest financial yearnet -€16,271
Net result drops to -€16,271, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €2,239
Net result €2,239 after one loss-making year.
09-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
10-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Braine-l'Alleud · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
1,507 m²
Building footprint
163 m²
Volume, LiDAR
1,052 m³
2 parcels, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Label Dent
Avenue Reine Astrid 46, 1410 WaterlooRaising of dairy cattle
since 20042.145.148.565
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25763L0086/00A000 Wallonia 922 m² 1 · 132 m² 7.9 m · 2 fl.
25078C0095/00B002 Wallonia 585 m² 1 · 32 m² 8.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,248 companies in this sector we hold annual accounts for 694. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded24-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
32500Manufacture of medical and dental instruments and supplies
82990Other business support services
80010Investigation and private security services
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0870799880
Also 9925:BE0870799880
Registered 23-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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