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PARNASSUS

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 2006active for 20 yearsSchriekstraat 76, 9270 LaarneKBO/BCE: BE 0883.549.838 #7 oldest company in Laarne, Telecoms and IT sector

Lifetime

18 annual accounts with figures on one time axis
peak of €148,684 in 2017
€12,676▼ 49.8%
lowest -€44,226 in 2025
-€44,226▼ €13,454
peak of €184,178 in 2021
€7,749▼ 85.1%
€334,790▼ 10.6%
Board2 names since 2016
1 director
Documentsfilings and deeds
31-07-20261 day late
2025micro format
Gross margin from €25,260 to €12,676Loss of €44,226Equity from €51,975 to €7,749Cash from €17,549 to €684

Key points

from the 2025 annual accounts

Equity

€7,749 from €184,178 in 2021

Equity fell by 96% in 4 years.

Losses

-€108,834 in three years
-33,8362023-30,7722024-44,2262025

Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.

Debts

€334,790 98% of the balance sheet
Financial debts 85%Suppliers 1%Taxes and wages 0%Other 14%

Of this, €51,293 falls due within a year.

Liquidity

0.77 was 1.29 in 2024

Short-term debts fell from €60,523 to €51,293.

Filings

18 annual accounts since 2007
deadline2010201520202025

Four of the last ten came late. The 2023 accounts came in latest, 62 days after the end of the period.

Position in the sector

-€44,226

Lower net result than 95% of companies in computing infrastructure and information services. Sector median €18,939 · 2,407 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 540 companies had the same profile as PARNASSUS has now. Each dot stands for 2 companies, two years later.

85.7%
were still trading
8.3%
stopped another way
5.2%
went bankrupt
  • Micro
  • 20 years or older
  • solvency under 10%
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 540 companies, not a prediction for PARNASSUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Manager
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0883549838
Registered office moved from Sint-Amandsberg to Laarne The registered office moved from Antwerpsesteenweg 499-9040 Sint-Amandsberg to Schriekstraat 76-9270 Laarne · Gazette deed
Amendment of the articles “Het telen van kruiden,specerijgewassen,eenjarige en meerjarige planten; Vervaardigen van brood en patisserie…” (deed in Dutch) · General meeting of 20-12-2016 · Gazette deed
New manager appointed, resigned · General meeting of 31-12-2015 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
PARNASSUS Laarne €342,538 €12,676 2.3% -
SOJUMAX Hasselt €358,676 €17,130 -23.0% 1.2
KLAAS DANNEEL MEDIA Roeselare €234,389 €14,298 43.7% -
NoTo Geel €591,312 €13,436 85.4% -
Tom Diels Brecht €234,888 €14,679 69.6% -
FINDY Grobbendonk €316,664 €18,070 93.9% -
WATERS en BOSSEN Antwerp €241,109 €14,282 87.9% -

These companies have the same main activity as PARNASSUS: other information service activities (NACE 63920). They are comparable in size and age: total assets between €234,000 and €591,000, founded between 1995 and 2011.

Official details

Source: KBO
Status
Active since 06-09-2006Normal situation
Activity
Other information service activitiesNACE 63920and 1 other
Establishment unit
2.157.649.8859270 Laarne, registered on 15-09-2006
Financial year end
30 December
Peppol
Reachable since 15-01-2026
Company details

Annual accounts to 30-12-2025

≈ €67,000estimated
€342,538▼ 19.7%
Filing
Filed on 31-07-2026
Financials

Insights on PARNASSUS

PARNASSUS files the micro format. That format states no turnover. The gross margin rose from €1,420 in 2007 to €12,676 in 2025.

The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PARNASSUS

What is the company number of PARNASSUS?
The company number of PARNASSUS is 0883.549.838. The VAT number is the same number with BE in front: BE 0883.549.838.
Where is PARNASSUS based?
The registered office is at Schriekstraat 76, 9270 Laarne.Company details
What does PARNASSUS do?
According to the KBO register, the main activity is other information service activities (NACE 63920).
What is the legal form of PARNASSUS?
Legal form of PARNASSUS: Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was PARNASSUS founded?
PARNASSUS was founded on 06-09-2006.
Is PARNASSUS still active?
Yes, PARNASSUS is an active enterprise in the KBO register.
What is the turnover of PARNASSUS?
The turnover in financial year 2025 is ≈ €67,000. This figure is estimated from the gross margin of €12,676 and 30 comparable companies (NACE 63). It probably lies between €24,000 and €170,000. It is a rough estimate.Financials
Is PARNASSUS profitable?
In financial year 2025, PARNASSUS made a loss of €44,226.
Where can I find the annual accounts of PARNASSUS?
PARNASSUS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PARNASSUS due?
PARNASSUS must file the annual accounts for financial year 2026 by 30-07-2027.Timeline

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