PARK IMMO
ActiveSummary
For the legal form of PARK IMMO, Checked does not compute a bankruptcy probability. For PARK IMMO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €1.1m and a net result of €129,035. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 4695 sector peers (fiscal year 2023). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability68▼-6
Solvency68▲+6
Growth52=
Track record100
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Signals
Two 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 31-12-2024, 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 · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
on the day
2021
2 d early
2020
4 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€129,035▲ 19.6%
2022 · €107,931
Working capital
-€1.2m
2022 · €59,836
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 68, Real estate activities, 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€211,093▲ 7.3%€46,227▼ 78.1%€98,653▲ 113%€177,185▲ 79.6%€237,381▲ 34.0%
Net result€130,378▼ 42.4%€15,446within the sector's middle half▼ 88.2%€47,432within the sector's middle half▲ 207%€107,931within the sector's middle half▲ 128%€129,035within the sector's middle half▲ 19.6%
Equity€816,333▲ 19.0%€831,779within the sector's middle half▲ 1.9%€879,211within the sector's middle half▲ 5.7%€962,143within the sector's middle half▲ 9.4%€1.1mwithin the sector's middle half▲ 13.4%
Total assets€2.0m=€2.5mwithin the sector's middle half▲ 28.7%€2.6mwithin the sector's middle half▲ 1.6%€2.6mwithin the sector's middle half▲ 1.1%€2.5mwithin the sector's middle half▼ 2.7%
Debt€1.2m▼ 10.1%€1.7m▲ 47.5%€1.7m▼ 0.4%€1.7m▼ 3.1%€1.5m▼ 12.1%
Working capital€205,378▲ 53.8%€101,562within the sector's middle half▼ 50.5%€73,683within the sector's middle half▼ 27.5%€59,836within the sector's middle half▼ 18.8%-€1.2mbelow the sector's middle half
Solvency41.2%▲ 6.6pp32.6%within the sector's middle half▼ 8.6pp34.0%within the sector's middle half▲ 1.3pp36.7%within the sector's middle half▲ 2.8pp42.8%within the sector's middle half▲ 6.1pp
Current ratio2.59▲ 0.621.41within the sector's middle half▼ 1.191.19within the sector's middle half▼ 0.211.12within the sector's middle half▼ 0.070.13below the sector's middle half▼ 1.00
Return on assets (ROA)6.6%▼ 4.8pp0.6%within the sector's middle half▼ 6.0pp1.8%within the sector's middle half▲ 1.2pp4.1%within the sector's middle half▲ 2.3pp5.1%above the sector's middle half▲ 0.9pp
Staff (FTE)0.7below the sector's middle half0.7within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed three years in a row; 2023 is 34% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2.5m
Fixed assets
€2.4m ▲ 14.2%
Current assets
€177,577 ▼ 67.3%
Equity and liabilities €2.5m
Equity
€1.1m ▲ 13.4%
Debt
€1.5m ▼ 12.1%
Debt's share of the balance-sheet total falls from 63.3% to 57.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€332,657▲
2022 · €242,840
Cash flow
€224,311▲
2022 · €173,586
Debt to equity
1.34▼
2022 · 1.72
ROE
11.8%▲
2022 · 11.2%
Interest coverage
5.10▼
2022 · 7.15
Debt ≤ 1 year
€1.4m▲
2022 · €482,894
Debt > 1 year
€45,825▼
2022 · €1.2m
Income taxes
€43,895▲
2022 · €36,630
Staff costs
€791▼
2022 · €23,517
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €5,141 | €23,517 | €791 | ▼ 96.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,048 | €53,006 | €64,994 | €65,655 | €95,276 | ▲ 45.1% |
| Other operating charges640/8 | - | - | €27,138 | €31,087 | €115,451 | ▲ 271% |
| Gross operating margin9900 | €294,658 | €213,274 | €195,926 | €297,444 | €448,899 | ▲ 50.9% |
| Operating profit (loss)9901 | €211,093 | €46,227 | €98,653 | €177,185 | €237,381 | ▲ 34.0% |
| Financial income75/76B | - | - | €1,442 | €1,321 | €824 | ▼ 37.6% |
| Recurring financial income75 | €1,299 | €1,628 | €1,442 | €1,321 | €824 | ▼ 37.6% |
| Financial charges65/66B | - | - | €35,448 | €33,945 | €65,275 | ▲ 92.3% |
| Recurring financial charges65 | €26,088 | €27,189 | €35,448 | €33,945 | €65,275 | ▲ 92.3% |
| Profit (loss) for the period before taxes9903 | €186,330 | €20,667 | €64,647 | €144,561 | €172,930 | ▲ 19.6% |
| Income taxes67/77 | €55,952 | €5,220 | €17,215 | €36,630 | €43,895 | ▲ 19.8% |
| Profit (loss) for the period9904 | €130,378 | €15,446 | €47,432 | €107,931 | €129,035 | ▲ 19.6% |
| Profit (loss) for the period to be appropriated9905 | €130,378 | €15,446 | €47,432 | €107,931 | €129,035 | ▲ 19.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €2.5m | €2.6m | €2.6m | €2.5m | ▼ 2.7% |
| Fixed assets21/28 | €1.6m | €2.2m | €2.1m | €2.1m | €2.4m | ▲ 14.2% |
| Tangible fixed assets22/27 | €1.6m | €2.2m | €2.1m | €2.1m | €2.4m | ▲ 14.1% |
| Land and buildings22 | - | - | €2.1m | €2.1m | €2.4m | ▲ 14.1% |
| Financial fixed assets28 | - | - | - | - | €1,400 | - |
| Current assets29/58 | €334,215 | €350,924 | €455,915 | €542,730 | €177,577 | ▼ 67.3% |
| Amounts receivable within one year40/41 | €277 | €45,833 | €98,833 | €56,049 | €51,385 | ▼ 8.3% |
| Trade receivables40 | - | - | €18,144 | €18,120 | €46,208 | ▲ 155% |
| Other amounts receivable41 | - | - | €80,689 | €37,928 | €5,177 | ▼ 86.4% |
| Current investments50/53 | €200,000 | €200,000 | €200,000 | €200,000 | - | - |
| Cash at bank and in hand54/58 | €133,938 | €105,091 | €156,974 | €286,682 | €125,492 | ▼ 56.2% |
| Deferred charges and accrued income490/1 | - | - | €107 | - | €700 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €2.5m | €2.6m | €2.6m | €2.5m | ▼ 2.7% |
| Equity10/15 | €816,333 | €831,779 | €879,211 | €962,143 | €1.1m | ▲ 13.4% |
| Contributions10/11 | €156,800 | €156,800 | €156,800 | €156,800 | €156,800 | = |
| Capital10 | - | - | €156,800 | - | - | - |
| Issued capital100 | - | - | €156,800 | - | - | - |
| Reserves13 | €15,680 | €15,680 | €15,680 | €15,680 | €144,715 | ▲ 823% |
| Non-distributable reserves130/1 | - | - | €15,680 | - | - | - |
| Legal reserve130 | - | - | €15,680 | - | - | - |
| Distributable reserves133 | - | - | - | €15,680 | €144,715 | ▲ 823% |
| Profit (loss) carried forward14 | €643,853 | €659,299 | €706,731 | €789,663 | €789,663 | = |
| Amounts payable17/49 | €1.2m | €1.7m | €1.7m | €1.7m | €1.5m | ▼ 12.1% |
| Amounts payable after more than one year17 | €1.0m | €1.5m | €1.3m | €1.2m | €45,825 | ▼ 96.1% |
| Financial debts170/4 | - | - | €1.3m | €1.1m | - | - |
| Other amounts payable178/9 | - | - | €43,613 | €45,825 | €45,825 | = |
| Amounts payable within one year42/48 | €128,838 | €249,362 | €382,232 | €482,894 | €1.4m | ▲ 192% |
| Current portion of amounts payable after more than one year42 | - | - | €155,503 | €158,095 | - | - |
| Trade debts44 | €72 | €73 | €124,455 | €111,879 | €9,038 | ▼ 91.9% |
| Suppliers440/4 | - | - | €124,455 | €111,879 | €9,038 | ▼ 91.9% |
| Advances received on contracts in progress46 | - | - | - | €18,702 | - | - |
| Taxes, remuneration and social security45 | - | - | €2,275 | €6,718 | €2,061 | ▼ 69.3% |
| Taxes450/3 | - | - | €23 | €254 | €2,061 | ▲ 711% |
| Remuneration and social security454/9 | - | - | €2,252 | €6,464 | - | - |
| Other amounts payable47/48 | - | - | €100,000 | €187,500 | €1.4m | ▲ 647% |
| Accrued charges and deferred income492/3 | - | - | €387 | €1,825 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €130,378 | €15,446 | €47,432 | €107,931 | €129,035 | ▲ 19.6% |
| + Depreciation and write-downs630 | €64,048 | €53,006 | €64,994 | €65,655 | €95,276 | ▲ 45.1% |
| Operating cash flow (approximation) | €194,426 | €68,452 | €112,426 | €173,586 | €224,311 | ▲ 29.2% |
| Investment in fixed assets (approximation) | - | -€605,200 | €0 | -€7,987 | -€389,709 | ▼ 4,779% |
| Change in cash | - | -€28,848 | €51,884 | €129,707 | -€161,190 | ▼ 224% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Equity above €1mEq €1.1m ▲13.4%
6 profitable years in a row build equity to €1.1m.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €15,446 ▼88.2%
Net result drops to €15,446, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 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
16 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, Lys-Lez-Lannoy · 1 establishment unit since 2006
Cannot be placed on the map
The registered office is abroad (France). The address register our map runs on (BOSA BEST) covers Belgian addresses only.
Rue des Verdiers 35059390 Lys-Lez-LannoyFranceGround area
7,436 m²
Building footprint
2,158 m²
Volume, LiDAR
16,577 m³
Parcel 54007B0410/00G000, Wallonia · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Terre à Briques(MAR) 29, 7522 Tournai
since 20062.156.917.833
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0410/00G000 | Wallonia | 7,436 m² | 1 · 2,158 m² | 13.7 m · 3 fl. |
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.
Structure & network
Owners and holdings
2 ownersChain of control
- GEORGE F SARLLU
- GOELANDIMMO
- PARK IMMO
Highest known parent: GEORGE F SARL (Luxembourg). The sources do not say who stands above it.
Owners 2
-
99.77%
- Pierre Laurent CORNUnatural personSourceown accounts 20230.03%
Holdings 0
The accounts to 31-12-2023 list no holdings, and no other source names one.
According to the 2023 annual accounts of PARK IMMO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 3,762 companies in sector 68321 we hold annual accounts for 1,394. 772 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formForeign entity
Founded01-07-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0883617540
Also
9925:BE0883617540
Registered
08-01-2026
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.
Branches
1 branchBranch