Equity
€149,155 ▲ 6.0%
PARTHEAS has made a profit without a break since 2022.
PARTHEAS
Lifetime
12 annual accounts with figures on one time axispeak €201,374 (2023)
€139,838▼ 0.7%
lowest -€68,050 (2014)
€8,399▼ 47.5%
peak €149,155 (2025)
€149,155▲ 6.0%
€412,998▲ 25.1%
peak 2.3 FTE (2023)
-not published
Board4 names since 2012
2 directorsVERCAEMER Tijl and 1 other
Owners3 names in the annual accounts
Documentsfilings and deeds
31-10-2025on the last day
2025micro format
Result from €16,002 to €8,399Debts from €330,131 to €412,998Investments €145,361
Key points
from the 2025 annual accountsTurnover
≈ €200,000 estimated
The accounts state no turnover.
Debts
€412,998 73% of the balance sheet
Financial debts 29%Suppliers 16%Taxes and wages 8%Other 47%
Of this, €314,291 falls due within a year.
Investments
€145,361 1.9 × depreciation
Green is investment, beige is depreciation.
Filings
12 annual accounts 9 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
At the same address
19 companies
Checked score
53
Fair
Financially stronger than 31% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 1.6%▲ +0.7 percentage points vs 12-2024
02-2025: 1.1%▼ -0.5 percentage points vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 0.7%▼ -0.4 percentage points vs 10-2025lowest value
12-2025: 0.7%● unchanged vs 11-2025lowest value
01-2026: 0.7%● unchanged vs 12-2025lowest value
02-2026: 0.7%● unchanged vs 01-2026lowest value
03-2026: 0.7%● unchanged vs 02-2026lowest value
04-2026: 1.5%▲ +0.8 percentage points vs 03-2026
05-2026: 1.6%▲ +0.1 percentage points vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026
07-2026: 1.5%▼ -0.1 percentage points vs 06-2026
08-2026: 1.6%▲ +0.1 percentage points vs 07-2026
09-2026: 1.5%▼ -0.1 percentage points vs 08-2026
10-2026: 1.8%▲ +0.3 percentage points vs 09-2026
11-2026: 2.0%▲ +0.2 percentage points vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.47
1 change of registered office in 24 months
1 financial year not filed after the legal deadline; 1 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation
The band follows from the bankruptcy probability. 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 62, micro). It does better than 26% of them on solvency, 18% on liquidity, 29% on profitability and 52% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as PARTHEAS has now. Each dot stands for 12 companies, two years later.
96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PARTHEAS itself is higher: 2.0% within 12 months. It rests on far more data about PARTHEAS than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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% |
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 4,508 companies, not a prediction for PARTHEAS. 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
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.47 (0.4 in 2024), below 1. Short-term debt is 55.9% of total assets. 73.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 21206 sector peers (2025).
NBB · sector comparisonPosition among 21206 sector peers
Solvency
better than 25%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €149,155
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
on the day
2024
92 days late
2023
62 days early
2022
55 days early
2021
47 days early
2020
54 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 21 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- SYRINX 50%score 53equity €236,859 (2024) · 2024 annual accounts of SYRINX
- BLANDINIUM 25%equity €183,620 (2023) · 30-06-2023 annual accounts of BLANDINIUM
Recent changes
Registered office moved within Aalst
New registered office: Burchtstraat 10, 9300 Aalst · Previous registered office: Capucienenlaan 93A, 9300 Aalst · Gazette deed
Registered office moved within Aalst
New registered office: Capucienenlaan 93a, 9300 Aalst · Previous registered office: Sint-Jorisstraat 17, bus A, 9300 Aalst · Changes of role: WAUTERS Koen (director) and VERCAEMER Tijl (director) · General meeting of 05-02-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0847026368
Registered office moved from Erembodegem to Aalst
New registered office: Sint-Jorisstraat nr 17 A te 9300 Aalst · Previous registered office: Industrielaan nr 4 Bus 14 te 9320 Erembodegem · Board meeting of 06-03-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PARTHEAS Aalst | €562,153 | €139,838 | 26.5% | - |
| PITCON Buggenhout | €616,791 | €141,568 | 95.8% | - |
| Teleweb Zele | €604,663 | €131,565 | 20.4% | - |
| WORLD OF WAW Sint-Gillis-Waas | €521,747 | €129,450 | 82.4% | - |
| Leanware Destelbergen | €483,204 | €143,785 | 85.9% | - |
| STABLEBITS Borsbeek | €611,685 | €127,010 | 55.5% | - |
| TARGET S.L. Grimbergen | €624,026 | €139,475 | 81.6% | - |
These companies have the same main activity as PARTHEAS: computer programming (NACE 62100). They are comparable in size and age: total assets between €483,000 and €624,000, founded between 2010 and 2014.
Official details
Source: KBO- Status
- Active since 02-07-2012Normal situation
- Registered office
- 20 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Computer programmingNACE 62100and 3 others
- Establishment unit
- 2.290.387.2599300 Aalst, since 02-07-2012
- Financial year end
- 31 March
- Peppol
- Reachable since 31-08-2023
Insights on PARTHEAS
PARTHEAS files the micro format. That format states no turnover. The gross margin rose from -€66,471 in 2014 to €139,838 in 2025.
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 PARTHEAS
- What is the company number of PARTHEAS?
- The company number of PARTHEAS is 0847.026.368. The VAT number is the same number with BE in front: BE 0847.026.368.
- Where is PARTHEAS based?
- The registered office is at Burchtstraat 10, 9300 Aalst.Company details
- What does PARTHEAS do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of PARTHEAS?
- PARTHEAS is a private limited company (BV).
- When was PARTHEAS founded?
- PARTHEAS was founded on 02-07-2012.
- Is PARTHEAS still active?
- Yes, PARTHEAS is an active enterprise in the KBO register.
- How many employees does PARTHEAS have?
- PARTHEAS had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PARTHEAS?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €139,838 and 32 comparable companies (NACE 62100). It probably lies between €180,000 and €290,000.
- Is PARTHEAS profitable?
- In financial year 2025, PARTHEAS made a profit of €8,399.
- Where can I find the annual accounts of PARTHEAS?
- PARTHEAS filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.