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PARK B

Active
Private limited companyfounded 20206 yrs activeKBO/BCE: BE 0746.888.023
Summary

The computed 12-month bankruptcy probability of PARK B is 22.2% (high). For PARK B, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€35,513) and a net result of -€7,519. Equity is shrinking by ~65.3% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth32=
Track record92
Bankruptcy probability, 12 months
22.2% High
0%0.5%1.5%4%10%≥ 25%
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Signals

Eight signals. The signal on the left, the evidence on the right.
+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 2023
Solvency, return and age of the figures
Solvency
-460.5%
Return on assets
-97.5%
Age of the figures
36 mo
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 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 · 4 filings
Position against the passed deadline
30-09-2024 close30-04-2025 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 26-04-2024, 4 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
4 d early
2022
2 d early
2021
30 d early
2020
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 9 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 13 May 2020, PARK B was incorporated as a Private limited company.1 Total assets went from EUR 32,713 in 2020 to EUR 7,711 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2023

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Financials · fiscal year 2023, micro schema

Equity
-€35,513▼ 26.9%
2022 · -€27,994
Total assets
€7,711▼ 16.2%
2022 · €9,199
Net result
-€7,519▲ 39.7%
2022 · -€12,477
Working capital
-€39,954▼ 28.7%
2022 · -€31,041
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
Line2020202120222023
Operating result€18,675--€33,101-€11,834▲ 64.2%-€6,164▲ 47.9%
Net result€15,335--€34,352-€12,477▲ 63.7%-€7,519▲ 39.7%
Equity€18,835--€15,517-€27,994▼ 80.4%-€35,513▼ 26.9%
Total assets€32,713-€15,314▼ 53.2%€9,199▼ 39.9%€7,711▼ 16.2%
Debt€13,878-€30,832▲ 122%€37,193▲ 20.6%€43,224▲ 16.2%
Working capital€2,056--€26,443-€31,041▼ 17.4%-€39,954▼ 28.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2020: €18,675€18,675Net result 2020: €15,335€15,335Operating result 2021: -€33,101-€33,101Net result 2021: -€34,352-€34,352Operating result 2022: -€11,834-€11,834Net result 2022: -€12,477-€12,477Operating result 2023: -€6,164-€6,164Net result 2023: -€7,519-€7,5192020202120222023-€40,000-€30,000-€20,000-€10,000€0Operating result 2021: -€33,101-€33,100Net result 2021: -€34,352-€34,400Operating result 2022: -€11,834-€11,800Net result 2022: -€12,477-€12,500Operating result 2023: -€6,164-€6,160Net result 2023: -€7,519-€7,520202120222023
The operating result stays negative: a loss of €6,164 in 2023 against €11,834 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €7,711
Fixed assets €4,442 ▲ 45.8%
Current assets €3,269 ▼ 46.9%
Key figures and ratios
2023 value · change against 2022
EBITDA
-€4,060▼
2022 · -€3,955
Cash flow
-€5,415▼
2022 · -€4,598
Solvency
-460.5%▼
2022 · -304.3%
Current ratio
0.08▼
2022 · 0.17
Debt to equity
-1.22▲
2022 · -1.33
ROA
-97.5%▲
2022 · -135.6%
Interest coverage
-3.00▲
2022 · -6.78
Debt ≤ 1 year
€43,224▲
2022 · €37,193
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 36 lines
Balance sheet Code20222023
Assets
Total assets20/58€9,199€7,711▼
Fixed assets21/28€3,047€4,442▲
Tangible fixed assets22/27€2,947€4,342▲
Plant, machinery and equipment23€751€3,244▲
Furniture and vehicles24€2,196€1,098▼
Financial fixed assets28€100€100=
Current assets29/58€6,152€3,269▼
Amounts receivable within one year40/41€6,042€1,529▼
Trade receivables40€5,895€915▼
Other amounts receivable41€146€615▲
Cash at bank and in hand54/58€110€1,740▲
Equity and liabilities
Total equity and liabilities10/49€9,199€7,711▼
Equity10/15-€27,994-€35,513▼
Contributions10/11€3,500€3,500=
Outside capital11€3,500-
Other1109/19€3,500-
Profit (loss) carried forward14-€31,494-€39,013▼
Amounts payable17/49€37,193€43,224▲
Amounts payable within one year42/48€37,193€43,224▲
Trade debts44€6,169€616▼
Suppliers440/4€6,169€616▼
Taxes, remuneration and social security45€59€59=
Taxes450/3€59€59=
Other amounts payable47/48€30,965€42,549▲
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,879€2,104▼
Other operating charges640/8€249-
Gross operating margin9900-€3,706-€4,060▼
Operating profit (loss)9901-€11,834-€6,164▲
Financial charges65/66B€583€1,355▲
Recurring financial charges65€583€1,355▲
Profit (loss) for the period before taxes9903-€12,417-€7,519▲
Income taxes67/77€59-
Profit (loss) for the period9904-€12,477-€7,519▲
Profit (loss) for the period to be appropriated9905-€12,477-€7,519▲
Appropriation of the result
Profit (loss) to be appropriated9906-€31,494-€39,013▼
Profit (loss) brought forward from the previous period14P-€19,017-€31,494▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,241€7,765€7,879€2,104▼ 73.3%
Other operating charges640/8--€249--
Gross operating margin9900€25,917-€24,436-€3,706-€4,060▼ 9.5%
Operating profit (loss)9901€18,675-€33,101-€11,834-€6,164▲ 47.9%
Recurring financial income75€2----
Financial charges65/66B--€583€1,355▲ 132%
Recurring financial charges65€198€1,194€583€1,355▲ 132%
Profit (loss) for the period before taxes9903€18,480-€34,294-€12,417-€7,519▲ 39.4%
Income taxes67/77€3,145€58€59--
Profit (loss) for the period9904€15,335-€34,352-€12,477-€7,519▲ 39.7%
Profit (loss) for the period to be appropriated9905€15,335-€34,352-€12,477-€7,519▲ 39.7%
Line2020202120222023Change
Assets
Total assets20/58€32,713€15,314€9,199€7,711▼ 16.2%
Fixed assets21/28€16,779€10,926€3,047€4,442▲ 45.8%
Tangible fixed assets22/27€16,679€10,826€2,947€4,342▲ 47.3%
Plant, machinery and equipment23--€751€3,244▲ 332%
Furniture and vehicles24--€2,196€1,098▼ 50.0%
Financial fixed assets28€100€100€100€100=
Current assets29/58€15,934€4,388€6,152€3,269▼ 46.9%
Amounts receivable within one year40/41€6,494€2,403€6,042€1,529▼ 74.7%
Trade receivables40--€5,895€915▼ 84.5%
Other amounts receivable41--€146€615▲ 320%
Cash at bank and in hand54/58€9,440€1,985€110€1,740▲ 1,480%
Equity and liabilities
Total equity and liabilities10/49€32,713€15,314€9,199€7,711▼ 16.2%
Equity10/15€18,835-€15,517-€27,994-€35,513▼ 26.9%
Contributions10/11--€3,500€3,500=
Outside capital11--€3,500--
Other1109/19--€3,500--
Profit (loss) carried forward14€15,335-€19,017-€31,494-€39,013▼ 23.9%
Amounts payable17/49€13,878€30,832€37,193€43,224▲ 16.2%
Amounts payable within one year42/48€13,878€30,832€37,193€43,224▲ 16.2%
Trade debts44€6,189€2,101€6,169€616▼ 90.0%
Suppliers440/4--€6,169€616▼ 90.0%
Taxes, remuneration and social security45--€59€59=
Taxes450/3--€59€59=
Other amounts payable47/48--€30,965€42,549▲ 37.4%
Line2020202120222023Change
Profit (loss) for the period9904€15,335-€34,352-€12,477-€7,519▲ 39.7%
+ Depreciation and write-downs630€7,241€7,765€7,879€2,104▼ 73.3%
Operating cash flow (approximation)€22,576-€26,587-€4,598-€5,415▼ 17.8%
Investment in fixed assets (approximation)--€1,912€0-€3,498-
Change in cash--€7,454-€1,875€1,630▲ 187%

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

2025
14-03
KBO administration Address struck
Rue Bauduin-Pierre 2 Die Sitzadresse Rue Bauduin-Pierre 2 4500 4500 Huy · event 17-12-2024
2024
26-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Weakest financial yearnet -€34,352
Net result drops to -€34,352, the lowest in the series; recovery starts the following year.
29-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial 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
2 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, Huy · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
532 m²
Building footprint
969 m²
Parcel 61322A0210/00B003, Wallonia. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PARK B
Real estate development
since 20202.304.229.654
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61322A0210/00B003 Wallonia 532 m² 1 · 969 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded13-05-2020
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

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Register as of 29 September 2026 · Peppol Directory

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