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PARWAN EXPRESS

Active
Private limited companyfounded 201016 yrs activeVictor Frisstraat(Goe) 5, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0829.204.401
Summary

PARWAN EXPRESS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-12k) and a net result of €-1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
30 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 2025
Age of the figures
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-12k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-03-2026, 123 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
123 d early
2024
118 d early
2023
44 d early
2022
130 d early
2021
62 d early
2020
60 d early
2019
105 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-12k▼ 11.7%
2024 · €-11k
2018: €-144 2019: €933 2020: €-15k 2021: €-22k 2022: €-24k 2023: €-25k 2024: €-11k
2018 → 2025
Total assets
€3k▼ 53.2%
2024 · €6k
2018: €8k 2019: €11k 2020: €9k 2021: €4k 2022: €8k 2023: €4k 2024: €6k
2018 → 2025
Net result
€-1k
2024 · €14k
2018: €-22k 2019: €1k 2020: €-16k 2021: €-7k 2022: €-2k 2023: €-756 2024: €14k
2018 → 2025
Working capital
€-12k▼ 11.7%
2024 · €-11k
2018: €-144 2019: €-7k 2020: €-21k 2021: €-24k 2022: €-30k 2023: €-27k 2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-22k-€-24k▼ 9.6%€-25k▼ 3.2%€-11k▲ 56.3%€-12k▼ 11.7%
Operating result€-6k-€-1k▲ 80.8%€244€15k▲ 5,927%€-352
Net result€-7k-€-2k▲ 69.2%€-756▲ 63.7%€14k€-1k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10kOperating result 2021: €-6k€-6kNet result 2021: €-7k€-7kOperating result 2022: €-1k€-1kNet result 2022: €-2k€-2kOperating result 2023: €244€244Net result 2023: €-756€-756Operating result 2024: €15k€15kNet result 2024: €14k€14kOperating result 2025: €-352€-352Net result 2025: €-1k€-1k20212022202320242025€-5k€0€5k€10k€15kOperating result 2023: €244€244Net result 2023: €-756€-756Operating result 2024: €15k€15kNet result 2024: €14k€14kOperating result 2025: €-352€-352Net result 2025: €-1k€-1.3k202320242025
The operating result turns negative in 2025: a loss of €352 after €15k in 2024.
Key figures and ratios
2025 value · change against 2024
Debt
€15k
2024 · €17k
Debt ≤ 1 year
€15k
2024 · €17k
Income taxes
€0
2024 · €58
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€6k€3k
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€6k€3k
Amounts receivable within one year40/41€5k€2k
Trade receivables40€2k€2k
Other amounts receivable41€3k€0
Cash at bank and in hand54/58€113€300
Deferred charges and accrued income490/1€891€0
Equity and liabilities
Total equity and liabilities10/49€6k€3k
Equity10/15€-11k€-12k
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-19k€-20k
Amounts payable17/49€17k€15k
Amounts payable within one year42/48€17k€15k
Financial debts43€5k€5k
Credit institutions430/8€5k€5k
Trade debts44€2k€985
Suppliers440/4€2k€985
Taxes, remuneration and social security45€1k€2k
Taxes450/3€1k€1k
Remuneration and social security454/9-€1k
Other amounts payable47/48€8k€6k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€2k€1k
Gross operating margin9900€17k€663
Operating profit (loss)9901€15k€-352
Financial income75/76B€2€0
Recurring financial income75€2€0
Financial charges65/66B€815€899
Recurring financial charges65€815€899
Profit (loss) for the period before taxes9903€14k€-1k
Income taxes67/77€58€0
Profit (loss) for the period9904€14k€-1k
Profit (loss) for the period to be appropriated9905€14k€-1k
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-20k
Profit (loss) brought forward from the previous period14P€-33k€-19k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
04-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €14k
Net result €14k after 4 loss-making years.
17-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
13-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 105 days late
2019
31-12
Financial Back to profitnet €1k
Net result €1k after one loss-making year.
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-12
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 151 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 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
11 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, Geraardsbergen · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
323 m²
Building footprint
89 m²
Parcel 41021A0259/00F002, Flanders. Linked by address, not a title deed.
1 establishment unit
PARWAN EXPRESS
Victor Frisstraat(Goe) 5, 9500 GeraardsbergenOffice administrative, office support and other business support activities
since 20132.218.699.212
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41021A0259/00F002 Flanders 323 m² 1 · 89 m² 0.0 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 967 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-09-2010
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.