Equity
-€11,980
Debts exceed assets in financial year 2025.
PARWAN EXPRESS
Lifetime
15 annual accounts with figures on one time axispeak €29,078 (2015)
€663▼ 96.0%
lowest -€21,642 (2018)
-€1,250▼ €15,075
peak €21,911 (2015)
-€11,980▼ €1,250
€14,701▼ 11.2%
peak 1 FTE (2015)
-not published
Board1 name since 2010
1 directorAbdul NABIZADEH
Documentsfilings and deeds
30-03-2026123 days before the deadline
2025micro format
Gross margin from €16,653 to €663Loss of €1,250Cash from €113 to €300
Key points
from the 2025 annual accountsFilings
15 annual accounts since 2011
Four of the last ten came late. The 2016 accounts came latest: 151 days after the end of the period.
Position in the sector
-440.4%
Lower solvency than 95% of companies in office administrative support. Sector median 50.3% · 9,696 companies.
Checked score
53
Fair
Financially stronger than 11% of micro companies in office administrative support (NACE 82)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.7%▲ +0.1 percentage points vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025highest value
05-2025: 0.7%▼ -1.0 percentage point vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.3%▼ -0.4 percentage points vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.2 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€11,980
Loss of €1,250 (financial year 2025)
lowers risk
Size: total assets €2,720
Sector: Office administrative, office support and other business support activities (NACE 82)
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 82, micro). It does better than 5% of them on solvency, 8% on liquidity, 5% on profitability and 26% 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 6,907 companies had the same profile as PARWAN EXPRESS has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PARWAN EXPRESS itself is lower: 0.5% within 12 months. It rests on far more data about PARWAN EXPRESS 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 6,907 companies, not a prediction for PARWAN EXPRESS. 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
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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
Six signals.
lowers riskraises riskneutral
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 -€11,980
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 filingsDeviation from the deadline
2025
123 days early
2024
118 days early
2023
44 days early
2022
130 days early
2021
62 days early
2020
60 days early
2019
105 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 62 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 April (4 of the last 5 accounts filed within 56 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0829204401
Registered office moved from Geraaardsbergen to Geraardsbergen
New registered office: Victor Frisstraat 5, 9500 Geraardsbergen (Goeferdinge) · Previous registered office: Grotestraat 17-9500 Geraaardsbergen · Change of role: Abdul NABIZADEH, from manager to director · General meeting of 15-01-2024 · Gazette deed
Registered office moved from Geraardsbergen to Geraaardsbergen
New registered office: Grotestraat 17-9500 Geraaardsbergen · Previous registered office: Vierbunderweg 5, 9500 Geraardsbergen · General meeting of 01-04-2019 · Gazette deed
Registered office moved from Geraardsbergen to Geraaardsbergen
New registered office: Vierbunderweg 5-9500 Geraaardsbergen · Previous registered office: Markt 38-9500 Geraardsbergen · General meeting of 01-03-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PARWAN EXPRESS Geraardsbergen | €2,720 | €663 | -440.4% | - |
| HELIDYN Schaerbeek | €2,744 | -€21,818 | -1149.6% | - |
| WITTH Lubbeek | €3,190 | -€3,493 | -614.4% | - |
| Yourika Kuurne | €2,241 | -€1,240 | -3780.0% | - |
| GO MANAGEMENT Braine-le-Comte | €3,194 | -€2,939 | -844.6% | - |
| PJ CONSTRUCT Tessenderlo-Ham | €3,872 | €796 | 83.3% | - |
| L.DISTRIBUTION Merchtem | €3,744 | -€2,225 | -718.1% | - |
These companies have the same main activity as PARWAN EXPRESS: other business support services (NACE 82990). They are comparable in size and age: total assets between €2,240 and €3,870, founded between 2007 and 2011.
Official details
Source: KBO- Status
- Active since 13-09-2010Normal situation
- Activity
- Other business support servicesNACE 82990
- Establishment unit
- 2.218.699.2129500 Geraardsbergen, since 01-05-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 30-09-2025
Annual accounts 2025
- ≈ €3,900estimated
- €2,720▼ 53.2%
- Filing
- Filed on 30-03-2026, 123 days before the end of the filing period
Insights on PARWAN EXPRESS
PARWAN EXPRESS files the micro format. That format states no turnover. The gross margin fell from €5,804 in 2011 to €663 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 PARWAN EXPRESS
- What is the company number of PARWAN EXPRESS?
- The company number of PARWAN EXPRESS is 0829.204.401. The VAT number is the same number with BE in front: BE 0829.204.401.
- Where is PARWAN EXPRESS based?
- The registered office is at Victor Frisstraat 5, 9500 Geraardsbergen.Company details
- What does PARWAN EXPRESS do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of PARWAN EXPRESS?
- PARWAN EXPRESS is a private limited company (BV).
- When was PARWAN EXPRESS founded?
- PARWAN EXPRESS was founded on 13-09-2010.
- Is PARWAN EXPRESS still active?
- Yes, PARWAN EXPRESS is an active enterprise in the KBO register.
- What is the turnover of PARWAN EXPRESS?
- The turnover in financial year 2025 is ≈ €3,900. This figure is estimated from the gross margin of €663 and 44 comparable companies (NACE 82990). It probably lies between €2,000 and €7,500. It is a rough estimate.Financials
- Is PARWAN EXPRESS profitable?
- In financial year 2025, PARWAN EXPRESS made a loss of €1,250.
- Where can I find the annual accounts of PARWAN EXPRESS?
- PARWAN EXPRESS filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PARWAN EXPRESS due?
- PARWAN EXPRESS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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