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Park2

Active
Private limited companyfounded 199333 yrs activeSint-Jorisstraat 2, 9140 Temse, BelgiumKBO/BCE: BE 0450.194.519
Summary

Park2 has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100,741 and a net result of -€22,980. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 75% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability2▼-3
Solvency89▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.3 against 2.76 in 2024; short-term debt: 33.1% and cash: 0% of total assets), and 36.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 33 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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
Solvency, return and age of the figures
Solvency
63.6%
Return on assets
-14.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€22,980
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 13-06-2026, 48 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
48 d early
2024
87 d late
2023
542 d late
2022
55 d early
2021
79 d early
2020
41 d late
2019
105 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 85 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 13 June (4 of the last 5 filed years within 135 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 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 25 May 1993, Park2 was incorporated.1 Total assets went from EUR 127,819 in 2018 to EUR 158,306 in 2025 and headcount from 0.2 full-time equivalents in 2018 to 3 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€256,836
EBIT margin
-10.5%
Net result
-€22,980▼ 3.8%
2024 · -€22,147
Working capital
€67,950▼ 25.3%
2024 · €90,971
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€256,836
Operating result€3,915▼ 97.5%-€7,900-€30,705▼ 289%-€23,532▲ 23.4%-€26,896▼ 14.3%
Net result€3,881below the sector's middle half▼ 96.7%-€6,138below the sector's middle half-€28,241below the sector's middle half▼ 360%-€22,147below the sector's middle half▲ 21.6%-€22,980below the sector's middle half▼ 3.8%
EBIT margin-10.5%
Equity€180,247within the sector's middle half▲ 2.2%€174,109above the sector's middle half▼ 3.4%€145,868above the sector's middle half▼ 16.2%€123,721above the sector's middle half▼ 15.2%€100,741within the sector's middle half▼ 18.6%
Total assets€254,341below the sector's middle half▲ 17.6%€246,108within the sector's middle half▼ 3.2%€255,255within the sector's middle half▲ 3.7%€197,037within the sector's middle half▼ 22.8%€158,306within the sector's middle half▼ 19.7%
Debt€35,195▲ 3,601%€35,693▲ 1.4%€83,455▲ 134%€57,757▼ 30.8%€52,379▼ 9.3%
Working capital€187,236within the sector's middle half▼ 13.0%€163,306above the sector's middle half▼ 12.8%€115,989above the sector's middle half▼ 29.0%€90,971above the sector's middle half▼ 21.6%€67,950within the sector's middle half▼ 25.3%
Solvency70.9%above the sector's middle half▼ 10.7pp70.7%above the sector's middle half▼ 0.1pp57.1%within the sector's middle half▼ 13.6pp62.8%above the sector's middle half▲ 5.6pp63.6%within the sector's middle half▲ 0.8pp
Current ratio6.32above the sector's middle half9.38above the sector's middle half▲ 3.062.61within the sector's middle half▼ 6.772.76within the sector's middle half▲ 0.162.30within the sector's middle half▼ 0.46
Return on assets (ROA)1.5%within the sector's middle half▼ 52.7pp-2.5%within the sector's middle half▼ 4.0pp-11.1%below the sector's middle half▼ 8.6pp-11.2%below the sector's middle half▼ 0.2pp-14.5%below the sector's middle half▼ 3.3pp
Staff (FTE)3
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2021: €3,915€3,915Net result 2021: €3,881€3,881Operating result 2022: -€7,900-€7,900Net result 2022: -€6,138-€6,138Operating result 2023: -€30,705-€30,705Net result 2023: -€28,241-€28,241Operating result 2024: -€23,532-€23,532Net result 2024: -€22,147-€22,147Operating result 2025: -€26,896-€26,896Net result 2025: -€22,980-€22,98020212022202320242025-€40,000-€30,000-€20,000-€10,000€0Operating result 2023: -€30,705-€30,700Net result 2023: -€28,241-€28,200Operating result 2024: -€23,532-€23,500Net result 2024: -€22,147-€22,100Operating result 2025: -€26,896-€26,900Net result 2025: -€22,980-€23,000202320242025
The operating result stays negative: a loss of €26,896 in 2025 against €23,532 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158,306
Fixed assets €37,977 ▼ 30.2%
Current assets €120,329 ▼ 15.6%
Equity and liabilities €158,306
Equity €100,741 ▼ 18.6%
Provisions €5,186 ▼ 66.7%
Debt €52,379 ▼ 9.3%
Debt's share of the balance-sheet total rises from 29.3% to 33.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€10,440▼
2024 · -€7,009
Cash flow
-€6,524▼
2024 · -€5,623
Quick ratio
2.13▼
2024 · 2.59
Debt to equity
0.52▲
2024 · 0.47
ROE
-22.8%▼
2024 · -17.9%
Interest coverage
-1.62▼
2024 · -1.28
Debt ≤ 1 year
€52,379▲
2024 · €51,634
Income taxes
€13▼
2024 · €3,500
Staff costs
€31,908▼
2024 · €58,254
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.5% went bankrupt
13% stopped otherwise
84% still going

A further 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 5,836 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 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€197,037€158,306▼
Fixed assets21/28€54,433€37,977▼
Tangible fixed assets22/27€54,433€37,977▼
Plant, machinery and equipment23€52,992€37,256▼
Furniture and vehicles24€1,442€721▼
Current assets29/58€142,604€120,329▼
Stocks and contracts in progress3€9,000€9,000=
Stocks30/36€9,000€9,000=
Amounts receivable within one year40/41€130,604€111,283▼
Trade receivables40€12,876-
Other amounts receivable41€117,729€111,283▼
Cash at bank and in hand54/58-€46
Deferred charges and accrued income490/1€3,000-
Equity and liabilities
Total equity and liabilities10/49€197,037€158,306▼
Equity10/15€123,721€100,741▼
Contributions10/11€18,592€18,592=
Reserves13€102,957€71,321▼
Non-distributable reserves130/1€23,359€1,859▼
Reserves not available under the articles1311€1,859€1,859=
Other1319€21,500-
Tax-exempt reserves132€47,454€69,462▲
Distributable reserves133€32,144-
Profit (loss) carried forward14€2,172€10,828▲
Provisions and deferred taxes16€15,560€5,186▼
Deferred taxes168€15,560€5,186▼
Amounts payable17/49€57,757€52,379▼
Amounts payable after more than one year17€6,123-
Financial debts170/4€6,123-
Amounts payable within one year42/48€51,634€52,379▲
Current portion of amounts payable after more than one year42€4,684€6,091▲
Financial debts43€375-
Credit institutions430/8€375-
Trade debts44€38,629€25,888▼
Suppliers440/4€38,629€25,888▼
Taxes, remuneration and social security45€7,946€20,400▲
Taxes450/3€2,907€10,582▲
Remuneration and social security454/9€5,038€9,818▲
Income statement Code20242025
Turnover70-€256,836
Goods, raw materials, services and sundry goods60/61-€235,079
Remuneration, social security and pensions62€58,254€31,908▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,523€16,457▼
Other operating charges640/8€135€289▲
Gross operating margin9900€51,380€21,757▼
Operating profit (loss)9901-€23,532-€26,896▼
Financial charges65/66B€5,487€6,444▲
Recurring financial charges65€5,487€6,444▲
Profit (loss) for the period before taxes9903-€29,020-€33,341▼
Transfer from deferred taxes780€10,373€10,373=
Income taxes67/77€3,500€13▼
Profit (loss) for the period9904-€22,147-€22,980▼
Transfer from tax-exempt reserves789€31,636€31,636=
Profit (loss) for the period to be appropriated9905€9,490€8,656▼
Appropriation of the result
Profit (loss) to be appropriated9906€2,172€10,828▲
Profit (loss) brought forward from the previous period14P-€7,318€2,172▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70----€256,836-
Goods, raw materials, services and sundry goods60/61----€235,079-
Remuneration, social security and pensions62-€43,039€59,504€58,254€31,908▼ 45.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€15,953€12,873€16,523€16,457▼ 0.4%
Other operating charges640/8€485-€709€135€289▲ 114%
Gross operating margin9900€4,400€51,092€42,382€51,380€21,757▼ 57.7%
Operating profit (loss)9901€3,915-€7,900-€30,705-€23,532-€26,896▼ 14.3%
Financial income75/76B-€15€3---
Recurring financial income75-€15€3---
Financial charges65/66B€33€846€1,086€5,487€6,444▲ 17.4%
Recurring financial charges65€33€846€1,086€5,487€6,444▲ 17.4%
Profit (loss) for the period before taxes9903€3,881-€8,731-€31,789-€29,020-€33,341▼ 14.9%
Transfer from deferred taxes780-€2,593€10,373€10,373€10,373=
Income taxes67/77--€6,826€3,500€13▼ 99.6%
Profit (loss) for the period9904€3,881-€6,138-€28,241-€22,147-€22,980▼ 3.8%
Transfer from tax-exempt reserves789-€7,909€31,636€31,636€31,636=
Profit (loss) for the period to be appropriated9905€3,881€1,771€3,395€9,490€8,656▼ 8.8%
Line20212022202320242025Change
Assets
Total assets20/58€254,341€246,108€255,255€197,037€158,306▼ 19.7%
Fixed assets21/28€31,910€63,313€67,039€54,433€37,977▼ 30.2%
Tangible fixed assets22/27€31,910€63,313€67,039€54,433€37,977▼ 30.2%
Plant, machinery and equipment23€28,306€60,429€64,877€52,992€37,256▼ 29.7%
Furniture and vehicles24€3,604€2,883€2,162€1,442€721▼ 50.0%
Current assets29/58€222,431€182,795€188,216€142,604€120,329▼ 15.6%
Stocks and contracts in progress3-€9,000€9,000€9,000€9,000=
Stocks30/36-€9,000€9,000€9,000€9,000=
Amounts receivable within one year40/41€202,075€168,614€169,351€130,604€111,283▼ 14.8%
Trade receivables40€80,334€61,461€46,831€12,876--
Other amounts receivable41€121,741€107,153€122,520€117,729€111,283▼ 5.5%
Cash at bank and in hand54/58€20,356€181€409-€46-
Deferred charges and accrued income490/1-€5,000€9,456€3,000--
Equity and liabilities
Total equity and liabilities10/49€254,341€246,108€255,255€197,037€158,306▼ 19.7%
Equity10/15€180,247€174,109€145,868€123,721€100,741▼ 18.6%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10€18,592€18,592----
Issued capital100€18,592€18,592----
Reserves13€174,139€166,230€134,593€102,957€71,321▼ 30.7%
Non-distributable reserves130/1€1,859€1,859-€23,359€1,859▼ 92.0%
Legal reserve130€1,859€1,859----
Reserves not available under the articles1311---€1,859€1,859=
Other1319---€21,500--
Tax-exempt reserves132€140,136€132,227€102,450€47,454€69,462▲ 46.4%
Distributable reserves133€32,144€32,144€32,144€32,144--
Profit (loss) carried forward14-€12,484-€10,713-€7,318€2,172€10,828▲ 399%
Provisions and deferred taxes16€38,899€36,306€25,933€15,560€5,186▼ 66.7%
Deferred taxes168€38,899€36,306€25,933€15,560€5,186▼ 66.7%
Amounts payable17/49€35,195€35,693€83,455€57,757€52,379▼ 9.3%
Amounts payable after more than one year17-€16,204€11,228€6,123--
Financial debts170/4-€16,204€11,228€6,123--
Amounts payable within one year42/48€35,195€19,489€72,227€51,634€52,379▲ 1.4%
Current portion of amounts payable after more than one year42-€4,849€4,975€4,684€6,091▲ 30.0%
Financial debts43---€375--
Credit institutions430/8---€375--
Trade debts44€30,250€14,640€54,314€38,629€25,888▼ 33.0%
Suppliers440/4€30,250€14,640€54,314€38,629€25,888▼ 33.0%
Taxes, remuneration and social security45€4,945-€12,937€7,946€20,400▲ 157%
Taxes450/3€4,945-€10,620€2,907€10,582▲ 264%
Remuneration and social security454/9--€2,318€5,038€9,818▲ 94.9%
Line20212022202320242025Change
Profit (loss) for the period9904€3,881-€6,138-€28,241-€22,147-€22,980▼ 3.8%
+ Depreciation and write-downs630-€15,953€12,873€16,523€16,457▼ 0.4%
Operating cash flow (approximation)€3,881€9,815-€15,368-€5,623-€6,524▼ 16.0%
Investment in fixed assets (approximation)--€47,356-€16,600-€3,917€0▲ 100%
Change in cash--€20,174€227---

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
13-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
24-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 542 days late
2025
26-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 87 days late
2023
31-12
Financial Weakest financial yearnet -€28,241
Net result drops to -€28,241, the lowest in the series; recovery starts the following year.
06-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
13-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
10-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 41 days late
2020
31-12
Financial Back to profitnet €117,180
Net result €117,180 after one loss-making year.
31-12
Financial Liquidity times 1520current ratio 227.35
Current ratio from 0.15 to 227.35; short-term debt falls from €74,546 to €951.
31-12
Financial Equity above €150,000Eq €176,366 ▲121%
Equity rises from €79,910 to €176,366.
13-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Temse · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
256 m²
Building footprint
120 m²
Volume, LiDAR
692 m³
Parcel 46302D1046/00K000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Bapas
Sint-Jorisstraat 2, 9140 TemseFood and beverage service activities
since 19932.062.763.792
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46302D1046/00K000 Flanders 256 m² 1 · 120 m² 9.1 m · 2 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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2022 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Temse2.062.763.792
1 permission
Toelating · Eetgelegenheid · since 14-03-2022

Similar companies · same sector, comparable size

Of 3,823 companies in sector 47210 we hold annual accounts for 965. 782 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-05-1993
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
56111Full-service restaurants
Contact
Website www.baps.bar
E-mail rudydv@outlook.be
Phone 033361575
E-invoicing
Reachable via Peppol
Peppol ID 0208:0450194519
Also 9925:BE0450194519
Registered 05-01-2026

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

Register as of 28 September 2026 · Peppol Directory

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