PARSE II
ActiveSummary
PARSE II has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €135k and a net result of €84k. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability88▲+7
Solvency50▲+14
Growth66▲+13
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.76 in 2023; short-term debt: 52% and cash: 25.3% of total assets), and 75.3% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €135k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
61 d late
2022
92 d late
2021
11 d early
2020
90 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Turnover
€946k▼ 1.8%
2019 · €963k
EBIT margin
-2.2%▼ 3.5pp
2019 · 1.3%
Net result
€84k▲ 84.0%
2023 · €46k
Working capital
€13k
2023 · €-61k
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
Line20202021202220232024
Turnover€946k▼ 1.8%
Operating result€-21k€-32k▼ 53.5%€-8k▲ 75.4%€60k€130k▲ 115%
Net result€-21k€-33k▼ 55.9%€-16k▲ 50.4%€46k€84k▲ 84.0%
EBIT margin-2.2%▼ 3.5pp
Equity€55k▼ 28.0%€22k▼ 60.6%€5k▼ 76.3%€51k▲ 893%€135k▲ 165%
Total assets€91k▼ 26.2%€54k▼ 40.5%€444k▲ 724%€466k▲ 4.9%€545k▲ 17.0%
Debt€36k▼ 23.4%€32k▼ 10.1%€439k▲ 1,256%€415k▼ 5.5%€410k▼ 1.2%
Working capital€51k▼ 29.5%€18k▼ 65.5%€-100k€-61k▲ 38.5%€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 115% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €545k
Fixed assets
€249k ▼ 8.5%
Current assets
€296k ▲ 52.6%
Equity and liabilities €545k
Equity
€135k ▲ 165%
Debt
€410k ▼ 1.2%
Debt's share of the balance-sheet total falls from 89.1% to 75.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€158k▲
2023 · €89k
Cash flow
€112k▲
2023 · €74k
Current ratio
1.04▲
2023 · 0.76
Quick ratio
0.75▲
2023 · 0.46
Debt to equity
3.04▼
2023 · 8.17
ROE
62.3%▼
2023 · 89.9%
ROA
15.4%▲
2023 · 9.8%
Interest coverage
11.77▲
2023 · 6.02
Debt ≤ 1 year
€284k▲
2023 · €255k
Debt > 1 year
€127k▼
2023 · €160k
Income taxes
€35k▲
2023 · €2k
Staff costs
€74k▲
2023 · €62k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €946k | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €4k | €67k | €62k | €74k | ▲ 20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €811 | €939 | €14k | €28k | €28k | ▼ 0.5% |
| Other operating charges640/8 | - | €111 | €357 | - | €50 | - |
| Gross operating margin9900 | €-18k | €-26k | €73k | €151k | €233k | ▲ 54.3% |
| Operating profit (loss)9901 | €-21k | €-32k | €-8k | €60k | €130k | ▲ 115% |
| Financial income75/76B | - | €107 | €723 | €2k | €3k | ▲ 93.6% |
| Recurring financial income75 | €483 | €107 | €723 | €2k | €3k | ▲ 93.6% |
| Financial charges65/66B | - | €693 | €9k | €15k | €13k | ▼ 8.8% |
| Recurring financial charges65 | €1k | €693 | €9k | €15k | €13k | ▼ 8.8% |
| Profit (loss) for the period before taxes9903 | €-21k | €-32k | €-16k | €47k | €119k | ▲ 153% |
| Income taxes67/77 | €-4 | €739 | - | €2k | €35k | ▲ 2,181% |
| Profit (loss) for the period9904 | €-21k | €-33k | €-16k | €46k | €84k | ▲ 84.0% |
| Profit (loss) for the period to be appropriated9905 | €-21k | €-33k | €-16k | €46k | €84k | ▲ 84.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €91k | €54k | €444k | €466k | €545k | ▲ 17.0% |
| Fixed assets21/28 | €3k | €4k | €297k | €272k | €249k | ▼ 8.5% |
| Intangible fixed assets21 | - | - | €122k | €110k | €97k | ▼ 11.8% |
| Tangible fixed assets22/27 | €2k | €2k | €170k | €157k | €147k | ▼ 6.5% |
| Land and buildings22 | - | €331 | - | - | - | - |
| Plant, machinery and equipment23 | - | - | €168k | €156k | €147k | ▼ 6.0% |
| Furniture and vehicles24 | - | €2k | €2k | €1k | €256 | ▼ 74.9% |
| Financial fixed assets28 | €2k | €2k | €4k | €5k | €5k | = |
| Current assets29/58 | €87k | €50k | €147k | €194k | €296k | ▲ 52.6% |
| Stocks and contracts in progress3 | €34k | €26k | €84k | €76k | €85k | ▲ 12.0% |
| Stocks30/36 | - | €26k | €84k | €76k | €85k | ▲ 12.0% |
| Amounts receivable within one year40/41 | €37k | €7k | €40k | €82k | €74k | ▼ 10.6% |
| Trade receivables40 | - | €5k | €14k | €28k | €11k | ▼ 60.1% |
| Other amounts receivable41 | - | €2k | €26k | €55k | €62k | ▲ 14.4% |
| Cash at bank and in hand54/58 | €15k | €17k | €24k | €36k | €138k | ▲ 281% |
| Deferred charges and accrued income490/1 | - | €78 | €118 | - | €70 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €91k | €54k | €444k | €466k | €545k | ▲ 17.0% |
| Equity10/15 | €55k | €22k | €5k | €51k | €135k | ▲ 165% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €57k | €57k | €57k | €57k | €116k | ▲ 103% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €56k | €56k | €56k | €114k | ▲ 106% |
| Profit (loss) carried forward14 | €-21k | €-54k | €-71k | €-25k | - | - |
| Amounts payable17/49 | €36k | €32k | €439k | €415k | €410k | ▼ 1.2% |
| Amounts payable after more than one year17 | - | - | €192k | €160k | €127k | ▼ 20.7% |
| Financial debts170/4 | - | - | €192k | €160k | €127k | ▼ 20.7% |
| Amounts payable within one year42/48 | €36k | €32k | €247k | €255k | €284k | ▲ 11.0% |
| Current portion of amounts payable after more than one year42 | - | - | €31k | €32k | €48k | ▲ 49.4% |
| Financial debts43 | - | - | - | €19k | €9k | ▼ 53.9% |
| Credit institutions430/8 | - | - | - | €19k | €9k | ▼ 53.9% |
| Trade debts44 | €29k | €27k | €203k | €197k | €203k | ▲ 3.2% |
| Suppliers440/4 | - | €27k | €203k | €197k | €203k | ▲ 3.2% |
| Taxes, remuneration and social security45 | - | €5k | €13k | €8k | €24k | ▲ 196% |
| Taxes450/3 | - | €5k | €4k | €5k | €24k | ▲ 405% |
| Remuneration and social security454/9 | - | - | €9k | €3k | €354 | ▼ 89.8% |
| Other amounts payable47/48 | - | €1k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-21k | €-33k | €-16k | €46k | €84k | ▲ 84.0% |
| + Depreciation and write-downs630 | €811 | €939 | €14k | €28k | €28k | ▼ 0.5% |
| Operating cash flow (approximation) | €-20k | €-32k | €-3k | €74k | €112k | ▲ 51.7% |
| Investment in fixed assets (approximation) | - | €-1k | €-307k | €-3k | €-5k | ▼ 53.2% |
| Change in cash | - | €2k | €7k | €12k | €102k | ▲ 718% |
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
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €84k ▲84%
Operating result €130k, net result €84k, both a record.
31-12
Financial
Equity above €100kEq €135k ▲165%
2 profitable years in a row build equity to €135k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €46k
Net result €46k after 3 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 92 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Bekkevoort · 1 establishment unit since 2011
Ground area
1,542 m²
Building footprint
581 m²
Volume, LiDAR
2,935 m³
2 parcels, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Louis Delhaize Bertem
since 20112.204.938.672
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24008B0004/00D002 | Flanders | 984 m² | 1 · 161 m² | 7.3 m · 2 fl. |
| 24009B0342/00N002 | Flanders | 558 m² | 1 · 420 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBertem2.204.938.672
Similar companies · same sector, comparable size
Citydox Express
BE 0716.789.913
Kraainem · Eq €134,728
RIVVAS
BE 0671.701.541
Charleroi · Eq €135,026
2 DRAGONS
BE 0671.591.871
Tongeren-Borgloon · Eq €134,671
ANADOLU
BE 0442.455.897
Antwerpen · Eq €135,230
KARADAG
BE 0673.759.624
Seraing · Eq €135,456
Of 10,506 companies in sector 47110 we hold annual accounts for 5,849. 4,505 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 (pre-2019)
Founded29-11-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.