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Complete company report
Generated 16-08-2026
Active BE 0795.983.582Private limited company

PARKSIDE PROMOTION

Ballingstraat 116 ·8560 Wevelgem, Belgium· 3 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of PARKSIDE PROMOTION is 6.5% (elevated). The 2023 annual accounts show negative equity (€-183k) and a net result of €4k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-183k
Net result €4k
Active 3 yrs
Board 2
Financial profile 4 of 5 axes measured · computed by Checked
Health0Profitability0Solvency33Growth-Stability79
28 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0
Profitability 0
Solvency 33
Growth -
Stability 79
Bankruptcy probability (12 mo) Checked model v1 · free
6.5% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +No NACE activity registered +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
0 / 100 Critical
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 09-07-2025 with the NBB · fiscal year 2024 · verkort
Fiscal year2023
Depositverkort
Revenue-
EBITDA-
Net profit€4k
Cash flow-
Staff costs-
Income taxes€1k
Dividends-
Total assets€43k
Equity€-183k
Debt€226k
of which ≤ 1y€226k
of which > 1y-
Working capital€-183k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.19
Quick ratio0.19
Working capital ratio-423.9%
Solvency-423.9%
Debt / equity-1.24
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA8.6%
ROE-2.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€43k
Current assets 29/58€43k
Amounts receivable within one year 40/41€26k
Cash & bank 54/58€18k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€43k
Equity 10/15€-183k
Contributions / capital 10/11€12k
Accumulated profits (losses) 14€-195k
Amounts payable 17/49€226k
Amounts payable within one year 42/48€226k
Trade debts payable within one year 44€50k
Income statement
Gross operating margin 9900€4k
Operating result 9901€4k
Financial charges 65€-1k
Result before taxes 9903€5k
Income taxes 67/77€1k
Net result for the period 9904€4k
Result to be appropriated 9905€4k
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • Geert VANHALST
    Director
    State Gazette act 24173275 (09-12-2024)
    Current
    11-10-2024 → present
  • Nadine VANHALST
    Director
    State Gazette act 24173275 (09-12-2024)
    Current
    11-10-2024 → present
Former directors (1)
  • Marguerite Obin
    Director
    State Gazette act 24173275 (09-12-2024)
    Former
    - → 30-05-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation10-01-2023
StatusActive
Postal code8560
Establishment units 1 location
PARKSIDE PROMOTION
Ballingstraat 116, 8560 WevelgemHoldings
since 20232.342.931.169
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34012A0248/00D002 Flanders 653 m² 1 · 111 m² 7.9 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
09-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
09-12-2024
State Gazette act Director changes
30-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
Belgian State Gazette reading coverage 0 of 2 acts read

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.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2024
09-12-2024 2 directors appointed, 1 resigning Director changes
  • Geert VANHALST, Bestuurder
  • Nadine VANHALST, Bestuurder
  • Marguerite Obin, Bestuurder
Technical details 
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  "events": [
    {
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      "role": "bestuurder",
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        "rrn": null,
        "name": "Marguerite Obin",
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        "profession": null,
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      },
      "reason": "death",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-05-30",
      "evidence_quote": "De bijzondere algemene vergadering van 10 oktober 2024 neemt kennis van het overlijden van de bestuurder, mevrouw Marguerite Obin op 30 mei 2024.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
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      },
      "reason": null,
      "subkind": null,
      "via_org": null,
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      "compensated": null,
      "effective_date": "2024-10-11",
      "evidence_quote": "Met \u00E9\u00E9nparigheid van stemmen beslist deze bijzondere algemene vergadering om de heer Geert VANHALST en mevrouw Nadine VANHALST te benoemen als bestuurders voor onbepaalde duur met ingang op 11 oktober 2024.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
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      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
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      "person": {
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        "address": null,
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      },
      "reason": null,
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      "compensated": null,
      "effective_date": "2024-10-11",
      "evidence_quote": "Met \u00E9\u00E9nparigheid van stemmen beslist deze bijzondere algemene vergadering om de heer Geert VANHALST en mevrouw Nadine VANHALST te benoemen als bestuurders voor onbepaalde duur met ingang op 11 oktober 2024.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-12-09",
    "filing_date": "2024-11-28",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2024-10-10",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0795.983.582",
    "name_full": "Parkside Promotion",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Nadine Vanhalst",
    "org_rep_person_name": null,
    "person_role_at_subject": "bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL PARKSIDE PROMOTION
Registered office
Ballingstraat 116
8560 Wevelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative