PARSELEC CONTRACTOR
ActiveSummary
PARSELEC CONTRACTOR has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €149,561 and a net result of €11,954. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 21% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €149,561
- Profit
- €11,954
Why 87raises riskSector: Specialised construction activities (NACE 43)Equity €149,561 (19.6% of total assets)lowers riskSize: total assets €761,638Figures for financial year 2025 (filed 04-08-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 21% on solvency, 45% on liquidity, 24% on profitability and 53% on growth.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 25 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (3 days) Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00375103.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 4.5 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,685 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,079 | €9,694 | €10,084 | €31,174 | €28,079 | €4,704 | €4,328 | €4,415 | ▲ 2.0% |
| Other operating charges640/8 | - | - | - | €16,027 | €9,332 | €46,272 | €3,248 | €2,429 | ▼ 25.2% |
| Gross operating margin9900 | €39,533 | -€12,746 | -€6,597 | €72,038 | €79,204 | €68,298 | €12,540 | €29,207 | ▲ 133% |
| Operating profit (loss)9901 | €14,651 | -€25,022 | -€20,920 | €24,838 | €41,793 | €17,323 | €4,965 | €22,363 | ▲ 350% |
| Financial income75/76B | - | - | - | €152 | €326 | €1,186 | €2,713 | €1,668 | ▼ 38.5% |
| Recurring financial income75 | €309 | - | €7 | €152 | €326 | €1,186 | €2,713 | €1,668 | ▼ 38.5% |
| Financial charges65/66B | - | - | - | €7,252 | €6,921 | €6,740 | €6,238 | €7,624 | ▲ 22.2% |
| Recurring financial charges65 | €7,515 | €7,608 | €11,137 | €7,252 | €6,921 | €6,740 | €6,238 | €7,624 | ▲ 22.2% |
| Profit (loss) for the period before taxes9903 | €7,445 | -€32,631 | -€32,051 | €17,738 | €35,199 | €11,769 | €1,439 | €16,407 | ▲ 11× |
| Income taxes67/77 | €537 | €15 | -€858 | €78 | €2,791 | €332 | €728 | €4,453 | ▲ 512% |
| Profit (loss) for the period9904 | €6,907 | -€32,646 | -€31,193 | €17,660 | €32,408 | €11,437 | €711 | €11,954 | ▲ 17× |
| Profit (loss) for the period to be appropriated9905 | €6,907 | -€32,646 | -€31,193 | €17,660 | €32,408 | €11,437 | €711 | €11,954 | ▲ 17× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €356,461 | €482,687 | €791,235 | €516,424 | €546,766 | €486,154 | €442,326 | €761,638 | ▲ 72.2% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €154,204 | €143,859 | €168,604 | €328,620 | €324,752 | €16,033 | €11,705 | €10,446 | ▼ 10.8% |
| Tangible fixed assets22/27 | €153,504 | €143,809 | €168,554 | €328,570 | €324,702 | €15,983 | €11,655 | €10,396 | ▼ 10.8% |
| Land and buildings22 | - | - | - | €127,176 | €123,383 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €836 | €20,687 | €15,983 | €11,655 | €10,396 | ▼ 10.8% |
| Other tangible fixed assets26 | - | - | - | €200,559 | €180,632 | - | - | - | - |
| Financial fixed assets28 | €700 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €202,258 | €338,828 | €622,631 | €187,804 | €222,014 | €470,122 | €430,621 | €751,192 | ▲ 74.4% |
| Stocks and contracts in progress3 | €115,241 | €318,186 | €189,978 | - | - | - | - | €606,958 | - |
| Stocks30/36 | - | - | - | - | - | - | - | €606,958 | - |
| Amounts receivable within one year40/41 | €9,825 | €6,717 | €170,900 | €103,590 | €60,909 | €2,532 | €31,350 | €61,632 | ▲ 96.6% |
| Trade receivables40 | - | - | - | €91,656 | €57,670 | - | €25,219 | €61,347 | ▲ 143% |
| Other amounts receivable41 | - | - | - | €11,934 | €3,239 | €2,532 | €6,131 | €285 | ▼ 95.4% |
| Current investments50/53 | €70,605 | €11,656 | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €6,127 | €1,968 | €247,364 | €83,529 | €161,006 | €467,048 | €398,704 | €82,030 | ▼ 79.4% |
| Deferred charges and accrued income490/1 | - | - | - | €685 | €99 | €541 | €567 | €572 | ▲ 0.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €356,461 | €482,687 | €791,235 | €516,424 | €546,766 | €486,154 | €442,326 | €761,638 | ▲ 72.2% |
| Equity10/15 | €173,314 | €140,668 | €109,475 | €127,135 | €159,543 | €136,895 | €137,607 | €149,561 | ▲ 8.7% |
| Contributions10/11 | €30,987 | €30,987 | - | €30,987 | €30,987 | - | - | - | - |
| Reserves13 | €3,099 | €3,099 | €3,099 | €3,099 | €3,099 | €11,437 | €11,437 | €21,892 | ▲ 91.4% |
| Non-distributable reserves130/1 | - | - | - | €3,099 | €3,099 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €3,099 | €3,099 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €11,437 | €11,437 | €21,892 | ▲ 91.4% |
| Profit (loss) carried forward14 | €139,228 | €106,583 | €75,390 | €93,050 | €125,458 | €125,458 | €126,170 | €127,669 | ▲ 1.2% |
| Amounts payable17/49 | €183,148 | €342,019 | €681,760 | €389,289 | €387,222 | €349,259 | €304,720 | €612,077 | ▲ 101% |
| Amounts payable after more than one year17 | - | €150,000 | €506,775 | €336,781 | €317,767 | €282,849 | €257,295 | €381,271 | ▲ 48.2% |
| Financial debts170/4 | - | - | - | €332,581 | €313,567 | €282,849 | €257,295 | €381,271 | ▲ 48.2% |
| Other amounts payable178/9 | - | - | - | €4,200 | €4,200 | - | - | - | - |
| Amounts payable within one year42/48 | €182,533 | €191,322 | €70,403 | €52,366 | €69,203 | €66,064 | €47,122 | €229,768 | ▲ 388% |
| Current portion of amounts payable after more than one year42 | - | - | - | €24,194 | €32,139 | €31,342 | €25,554 | €26,024 | ▲ 1.8% |
| Financial debts43 | - | - | - | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Credit institutions430/8 | - | - | - | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Trade debts44 | €13,243 | €5,782 | €21,725 | €26,077 | €26,481 | €16,859 | €4,918 | €27,561 | ▲ 460% |
| Suppliers440/4 | - | - | - | €26,077 | €26,481 | €16,859 | €4,918 | €27,561 | ▲ 460% |
| Taxes, remuneration and social security45 | - | - | - | €1,095 | €9,582 | €2,202 | - | €1,828 | - |
| Taxes450/3 | - | - | - | €600 | €6,587 | €1,707 | - | €1,828 | - |
| Remuneration and social security454/9 | - | - | - | €495 | €2,995 | €495 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | - | €14,661 | €15,649 | €173,354 | ▲ 11× |
| Accrued charges and deferred income492/3 | - | - | - | €142 | €253 | €346 | €302 | €1,039 | ▲ 244% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,907 | -€32,646 | -€31,193 | €17,660 | €32,408 | €11,437 | €711 | €11,954 | ▲ 17× |
| + Depreciation and write-downs630 | €10,079 | €9,694 | €10,084 | €31,174 | €28,079 | €4,704 | €4,328 | €4,415 | ▲ 2.0% |
| Operating cash flow (approximation) | €16,986 | -€22,951 | -€21,109 | €48,834 | €60,487 | €16,141 | €5,039 | €16,370 | ▲ 225% |
| Investment in fixed assets (approximation) | - | €650 | -€34,829 | -€191,190 | -€24,211 | €304,015 | €0 | -€3,156 | - |
| Change in cash | - | -€4,159 | €245,396 | -€163,835 | €77,477 | €306,042 | -€68,344 | -€316,673 | ▼ 363% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 03-08-2026 | 2026-00375103 |
| 31-12-2024 | micro format | 11-07-2025 | 2025-00258916 |
| 31-12-2023 | micro format | 14-06-2024 | 2024-00137809 |
| 31-12-2022 | micro format | 08-06-2023 | 2023-00113858 |
| 31-12-2021 | micro format | 07-06-2022 | 2022-20050549 |
| 31-12-2020 | full format | 28-06-2021 | 2021-25500378 |
| 31-12-2019 | micro format | 26-08-2020 | 2020-44700441 |
| 31-12-2018 | micro format | 10-07-2019 | 2019-31300435 |
| 31-12-2017 | micro format | 03-07-2018 | 2018-27400359 |
| 31-12-2016 | micro format | 26-07-2017 | 2017-35700026 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| POURSALOUT Akbar |
|
Owners and capital
Capital and shareholders
- 01-02-2024 Converted to unavailable equity · €34,086
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
01-02
Gazette deed
Reappointment: POURSALOUT Akbar (director)Amendment of the articles · Capital conversion · Reserve release8 facts ▸
- General meeting, 13-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible, fonds disponibles pour distribution” (deed in French)
- Capital
- Director reappointment, POURSALOUT Akbar (director)
- Registered office clause, “1040 Etterbeek, Rue Belliard 143” (deed in French)
- Power of attorney
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0459.377.251
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21005A0224/00X000 | Brussels | 145 m² | 1 · 135 m² | 23.6 m · 7 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes opérations généralement quelconques, civiles, industrielles, commerciales, financières, mobilières et immobilières, pour son propre…” (deed in French)
12 activities (deed in French)
- Toutes opérations généralement quelconques, civiles, industrielles, commerciales, financières, mobilières et immobilières, pour son propre compte et/ou pour le compte de tiers, seule et/ou avec des tiers, se rapportant directement ou indirectement, en tout ou en partie à :
- L'achat, la vente, l'échange, la gestion, la mise en valeur, la prise et/ou la mise en option, la prise et/ou la mise en location et/ou sous-location de parties ou totalités d'immeubles bâtis et/.ou non bâtis et notamment leur entretien, leur construction, leur réparation, leur transformation, leur aménagement, leur restauration, leur démolition, ainsi que tous travaux d'expertise, de lotissement, de promotion et de réalisation immobilière, de terrassements et de voirie, l'achat, la vente et la représentation de matériaux de construction
- La représentation, l'étude, la conception, la création, la fabrication, l'ingénierie, la mise en œuvre, la pose, l'exploitation, la manutention et le négoce : de tous systèmes et matériaux concernant l'éclairage, l'électrotechnique, l'énergie solaire et autres ; de tous systèmes et matériaux concernant la captation, l'accumulation et la restitution d'énergies diverses
- Les domaines thermiques, frigorifiques, installations de conditionnements d'air et/ou de réfrigération tant fixes que mobiles et destinées tant aux habitations privées qu'aux applications commerciales et/ou industrielles
- Tant par sa main d’œuvre propre que par sous-traitance, la construction, l'achat, la vente, le montage, le placement et la manutention d'installation d'isolation thermique et acoustique, de tuyauteries industrielles et canalisations, d'installations électriques, électrotechniques, d'éclairage, de force motrice, de téléphonie, de décoration, de chauffage par radiateurs, radiations ou air chaud et qui soient alimentés par huile, combustible, gaz, accumulation électrique ou pompe à chaleur
- La vente et l'achat, la fabrication et l'installation, l'importation et l'exportation, en gros, demi-gros et au détail, la représentation et la concession, le franchising, le conditionnement, la manutention et l'entreposage, le transport, la réparation, le placement, la location : de tous produits et matières pour l'immobilier ; de machines, produits, accessoires, logiciels et manuels relatifs à l'informatique, à la bureautique, et à la domotique d'outillages ; de produits de grande consommation ; de l'électroménager ; de la décoration ; de l'éclairage ; de tous systèmes de détection électronique d'intrusion et d'incendie; la prestation de tous services, études, conseils et d'organisation en vue de l'implantation d'unités et/ou de réseaux de distribution
- Le nettoyage, la manutention et l'entretien de meubles et d'immeubles, et/ou parties d'immeubles, privés commerciaux et industriels
- La création et l'exploitation de salons-lavoir au sens le plus large du terme
- Ouvrir ou se faire ouvrir tous crédits en espèces ou marchandises, donner ou se faire donner toutes garanties en hypothèque, gage ou autrement, acheter, vendre, échanger, prendre ou donner à bail tous biens meubles ou immeubles, et d'une manière générale, faire soit seule soit en participation avec d'autres sociétés ou avec des particuliers, toutes opérations commerciales, industrielles, mobilières immobilières ou financières se rattachant directement ou indirectement à l'objet
- Employer ses fonds à la création, à la gestion, à la- mise en valeur et à la liquidation d'un portefeuille se composant de tous titres, brevets, licences, marques de fabrique et procédé de fabrication de toute origine, participer à la création, au développement et au contrôle de toute entreprise, acquérir par voie d'apport, de souscription, de prise ferme ou d'option, d'achat et de toute autre manière, tous titres, brevets, marques de fabrique et procédé de fabrication, les réaliser par la voie de vente, de cession, d'échange ou autrement faire mettre en valeur ces affaires, brevets, marques de fabrique et procédé de fabrication par qui et de quelque manière -que ce soit, accorder aux sociétés auxquelles elle s'intéresse tous concours, prêts, avances du garanties
- Réaliser son objet pour son compte ou pour le compte d'autrui en tous lieux et de toutes les manières et selon les modalités qui lui paraîtront le mieux appropriées
- S'intéresser par toutes voies, dans toutes opérations, affaires, sociétés ou entreprises existantes ou à créer en Belgique ou à l'étranger, dont l'objet serait analogue ou connexe au sien qui serait de nature à le favoriser, à lui procurer des matières premières et/ou à faciliter l'écoulement de ses produits et/ou à favoriser son propre développement
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PARSELEC CONTRACTOR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs, agences, ateliers, dépôts et succursales en Belgique ou à l'étranger par simple…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, L'assemblée qui nomme le ou les administrateur(s) fixe leur nombre, la durée de leur mandat et, en…” (deed in French)“Il peut déléguer des pouvoirs spéciaux à tout mandataire, Chaque administrateur représente la société à l'égard des tiers et en justice…” (deed in French)“L'assemblée générale décide si le mandat d'administrateur est ou non exercé gratuitement, Cette rémunération sera portée aux frais généraux…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Le registre des actions pourra être tenu en la forme électronique, Les titulaires d'actions peuvent prendre connaissance de ce registre…” (deed in French)“En cas de décès de l'actionnaire unique, les droits afférents aux actions sont exercés par les héritiers et légataires régulièrement saisis…” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Libérées à leur émission” (deed in French)“Souscription en numéraire” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of May at 10:30
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Rééligibles, 3” (deed in French)
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps, décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur n'a été désigné, faculté de l'assemblée générale de désigner un ou plusieurs liquidateurs et de déterminer leurs…” (deed in French)