PARVANA
ActiveSummary
The computed 12-month bankruptcy probability of PARVANA is 2.6% (moderate). The 2025 annual accounts show negative equity (-€10,324) and a net result of -€66,560. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 9% of 740 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-72
Solvency16▼-43
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.56 against 1.14 in 2024; short-term debt: 75.3% and cash: 0.1% of total assets), and equity is negative.
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Signals
Six 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 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-8.8%
Return on assets
-56.9%
Age of the figures
9 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€10,324
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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
6 d late
2024
11 d early
2023
22 d late
2022
45 d late
2021
23 d late
2020
31 d late
2019
47 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€10,324
2024 · €56,236
Total assets
€117,004▼ 28.5%
2024 · €163,609
Net result
-€66,560
2024 · €3,634
Working capital
-€38,559
2024 · €8,756
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,522▲ 44.8%€12,359▼ 8.6%€10,853▼ 12.2%€11,446▲ 5.5%-€60,728
Net result€6,717within the sector's middle half▲ 90.5%€3,066within the sector's middle half▼ 54.4%€546within the sector's middle half▼ 82.2%€3,634within the sector's middle half▲ 566%-€66,560below the sector's middle half
Equity€48,990within the sector's middle half▲ 18.6%€52,056within the sector's middle half▲ 6.3%€52,601within the sector's middle half▲ 1.0%€56,236within the sector's middle half▲ 6.9%-€10,324below the sector's middle half
Total assets€143,716within the sector's middle half▲ 122%€100,205within the sector's middle half▼ 30.3%€190,833within the sector's middle half▲ 90.4%€163,609within the sector's middle half▼ 14.3%€117,004below the sector's middle half▼ 28.5%
Debt€94,726▲ 303%€48,150▼ 49.2%€138,231▲ 187%€107,374▼ 22.3%€127,329▲ 18.6%
Working capital€36,948within the sector's middle half▼ 4.9%€37,690within the sector's middle half▲ 2.0%€2,758within the sector's middle half▼ 92.7%€8,756within the sector's middle half▲ 217%-€38,559below the sector's middle half
Solvency34.1%within the sector's middle half▼ 29.6pp51.9%within the sector's middle half▲ 17.9pp27.6%within the sector's middle half▼ 24.4pp34.4%within the sector's middle half▲ 6.8pp-8.8%below the sector's middle half▼ 43.2pp
Current ratio1.47within the sector's middle half▼ 1.181.98within the sector's middle half▲ 0.511.04within the sector's middle half▼ 0.941.14within the sector's middle half▲ 0.100.56below the sector's middle half▼ 0.57
Return on assets (ROA)4.7%within the sector's middle half▼ 0.8pp3.1%within the sector's middle half▼ 1.6pp0.3%within the sector's middle half▼ 2.8pp2.2%within the sector's middle half▲ 1.9pp-56.9%below the sector's middle half▼ 59.1pp
Staff (FTE)99.4▲ 4.4%6.1▼ 35.1%6.3▲ 3.3%
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €60,728 after €11,446 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117,004
Fixed assets
€67,470 ▼ 25.5%
Current assets
€49,534 ▼ 32.2%
Equity and liabilities
Equity-€10,324
Debt€127,329
Equity is negative: debt (€127,329) exceeds the balance-sheet total (€117,004).
Key figures and ratios
EBITDA
-€32,019▼
2024 · €39,002
Cash flow
-€37,851▼
2024 · €31,190
Interest coverage
-5.84▼
2024 · 6.29
Debt ≤ 1 year
€88,093▲
2024 · €64,265
Debt > 1 year
€38,855▼
2024 · €43,109
Income taxes
€365▼
2024 · €1,908
Staff costs
€227,788▲
2024 · €176,007
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.6% 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 497,341 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% | 1.0% |
| 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% 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 6,906 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1,000 | €1,876 | €5,350 | €7,942 | - | - |
| Remuneration, social security and pensions62 | €188,105 | €249,279 | €249,770 | €176,007 | €227,788 | ▲ 29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,996 | €7,379 | €11,125 | €27,556 | €28,709 | ▲ 4.2% |
| Other operating charges640/8 | €3,069 | €3,321 | €4,753 | €1,124 | €2,971 | ▲ 164% |
| Non-recurring operating charges66A | €1,141 | - | - | - | - | - |
| Gross operating margin9900 | €209,834 | €272,338 | €276,500 | €216,133 | €198,740 | ▼ 8.0% |
| Operating profit (loss)9901 | €13,522 | €12,359 | €10,853 | €11,446 | -€60,728 | ▼ 631% |
| Financial income75/76B | - | €142 | €262 | €294 | €13 | ▼ 95.6% |
| Recurring financial income75 | - | €142 | €262 | €294 | €13 | ▼ 95.6% |
| Financial charges65/66B | €5,081 | €6,163 | €7,799 | €6,197 | €5,480 | ▼ 11.6% |
| Recurring financial charges65 | €5,081 | €6,163 | €7,799 | €6,197 | €5,480 | ▼ 11.6% |
| Profit (loss) for the period before taxes9903 | €8,441 | €6,337 | €3,316 | €5,542 | -€66,195 | ▼ 1,294% |
| Income taxes67/77 | €1,724 | €3,271 | €2,771 | €1,908 | €365 | ▼ 80.9% |
| Profit (loss) for the period9904 | €6,717 | €3,066 | €546 | €3,634 | -€66,560 | ▼ 1,931% |
| Profit (loss) for the period to be appropriated9905 | €6,717 | €3,066 | €546 | €3,634 | -€66,560 | ▼ 1,931% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €143,716 | €100,205 | €190,833 | €163,609 | €117,004 | ▼ 28.5% |
| Formation expenses20 | - | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €27,819 | €23,893 | €111,780 | €90,589 | €67,470 | ▼ 25.5% |
| Tangible fixed assets22/27 | €27,719 | €23,793 | €111,680 | €90,489 | €67,370 | ▼ 25.5% |
| Plant, machinery and equipment23 | €340 | €263 | €1,232 | €1,171 | €526 | ▼ 55.1% |
| Furniture and vehicles24 | €27,379 | €23,530 | €110,449 | €89,317 | €66,844 | ▼ 25.2% |
| Financial fixed assets28 | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €115,897 | €76,312 | €79,052 | €73,021 | €49,534 | ▼ 32.2% |
| Amounts receivable within one year40/41 | €89,608 | €52,637 | €49,190 | €60,758 | €46,033 | ▼ 24.2% |
| Trade receivables40 | €89,608 | €48,505 | €43,630 | €59,175 | €46,033 | ▼ 22.2% |
| Other amounts receivable41 | - | €4,131 | €5,560 | €1,583 | - | - |
| Cash at bank and in hand54/58 | €21,872 | €21,809 | €27,773 | €10,542 | €117 | ▼ 98.9% |
| Deferred charges and accrued income490/1 | €4,417 | €1,866 | €2,090 | €1,720 | €3,384 | ▲ 96.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €143,716 | €100,205 | €190,833 | €163,609 | €117,004 | ▼ 28.5% |
| Equity10/15 | €48,990 | €52,056 | €52,601 | €56,236 | -€10,324 | ▼ 118% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €28,530 | €31,596 | €32,141 | €35,776 | -€30,784 | ▼ 186% |
| Amounts payable17/49 | €94,726 | €48,150 | €138,231 | €107,374 | €127,329 | ▲ 18.6% |
| Amounts payable after more than one year17 | €15,777 | €9,527 | €61,937 | €43,109 | €38,855 | ▼ 9.9% |
| Financial debts170/4 | €15,777 | €9,527 | €61,937 | €43,109 | €38,855 | ▼ 9.9% |
| Amounts payable within one year42/48 | €78,949 | €38,622 | €76,294 | €64,265 | €88,093 | ▲ 37.1% |
| Current portion of amounts payable after more than one year42 | €6,169 | €6,249 | €21,370 | €18,828 | €20,151 | ▲ 7.0% |
| Trade debts44 | €31,624 | €8,331 | €14,805 | €2,864 | €10,523 | ▲ 267% |
| Suppliers440/4 | €31,624 | €8,331 | €14,805 | €2,864 | €10,523 | ▲ 267% |
| Taxes, remuneration and social security45 | €40,786 | €24,042 | €40,119 | €42,573 | €40,519 | ▼ 4.8% |
| Taxes450/3 | €16,491 | €5,436 | €5,332 | €21,750 | €7,916 | ▼ 63.6% |
| Remuneration and social security454/9 | €24,296 | €18,606 | €34,786 | €20,823 | €32,603 | ▲ 56.6% |
| Other amounts payable47/48 | €370 | - | - | - | €16,901 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €380 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,717 | €3,066 | €546 | €3,634 | -€66,560 | ▼ 1,931% |
| + Depreciation and write-downs630 | €3,996 | €7,379 | €11,125 | €27,556 | €28,709 | ▲ 4.2% |
| Operating cash flow (approximation) | €10,713 | €10,445 | €11,670 | €31,190 | -€37,851 | ▼ 221% |
| Investment in fixed assets (approximation) | - | -€3,454 | -€99,011 | -€6,364 | -€5,591 | ▲ 12.2% |
| Change in cash | - | -€63 | €5,964 | -€17,231 | -€10,425 | ▲ 39.5% |
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
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
31-12
Financial
Weakest financial yearnet -€66,560
Net result drops to -€66,560, the lowest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 45 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Highest result since 2018net €6,717 ▲90.5%
Operating result €13,522, net result €6,717, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
2018
23-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 54 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2014
Ground area
392 m²
Building footprint
241 m²
Volume, LiDAR
3,643 m³
2 parcels, Brussels, Flanders · tallest building 20.0 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
PARVANA
since 20142.237.193.845
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0136/00Y006 | Brussels | 304 m² | 1 · 169 m² | 20.0 m · 6 fl. |
| 23643G0474/00N004 | Flanders | 88 m² | 1 · 72 m² | 11.4 m · 3 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
Parcel delivery
Notified to the BIPT
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,185 companies in this sector we hold annual accounts for 1,963. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded26-11-2014
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
53200Other postal and courier activities
53100Postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0505707817
Also
9925:BE0505707817
Registered
13-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.