Equity
€280,540 from €1.5m in 2021
Equity fell by 82% in 4 years.
Parallel Universe
Lifetime
16 annual accounts with figures on one time axispeak €2.8m (2021)
€430,192▲ 41.0%
lowest -€349,048 (2020)
€59,068▲ 371%
peak €1.5m (2021)
€280,540▲ 26.7%
€2.9m▼ 0.4%
peak 14.5 FTE (2021)
0 FTE
Board3 names since 2009
2 directorsBROECKAERT Marijn Antoon and 1 other
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Gross margin from €305,067 to €430,192Result from €12,535 to €59,068Equity from €221,472 to €280,540Cash from €14,392 to €3,188
Key points
from the 2025 annual accountsDebts
€2.9m 91% of the balance sheet
Financial debts 63%Suppliers 4%Taxes and wages 1%Other 33%
€1.4m of the debts are secured on the company's own assets. In 2024 that was €1.5m.
Filings
16 annual accounts since 2010
Eight of the last ten came late. The 2021 accounts came latest: 144 days after the end of the period.
Checked score
81
Excellent
Financially stronger than 45% of small companies in rental and leasing (NACE 77)
Probability in this band: under 0.55%
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 466 companies (NACE 77, small).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.9%▲ +0.1 percentage points vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 1.1%▲ +0.2 percentage points vs 05-2025
07-2025: 1.2%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -0.9 percentage points vs 07-2025lowest value
09-2025: 0.3%● unchanged vs 08-2025lowest value
10-2025: 0.3%● unchanged vs 09-2025lowest value
11-2025: 0.3%● unchanged vs 10-2025lowest value
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.4%▲ +0.1 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.5%▼ -0.1 percentage points 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 strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.27, cash €3,188, halved
1 of the last 3 accounts late
lowers risk
Size: total assets €3.2m
Founded in 2009
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 77, small). It does better than 15% of them on solvency, 30% on liquidity, 50% on profitability and 84% 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, 1,448 companies had the same profile as Parallel Universe has now. Each dot stands for 4 companies, two years later.
95.6%
were still trading
2.1%
stopped another way
2.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Parallel Universe itself: 0.5% within 12 months.
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 1,448 companies, not a prediction for Parallel Universe. 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 €22,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.27 (0.23 in 2024), below 1. Short-term debt is 34% and cash 0.1% of total assets. 91.2% of the assets are financed with debt and provisions.
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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 21% of 1142 sector peers (2025).
NBB · sector comparisonPosition among 1142 sector peers
Solvency
better than 21%
← 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
1819202122232425
2018 to 2025 · latest year €280,540
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
on the day
2023
112 days late
2022
119 days late
2021
144 days late
2020
53 days late
2019
54 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 69 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% 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 21 November (4 of the last 5 accounts filed within 113 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
Board and ownership
BM
BROECKAERT Marijn Antoon
Director, since 09-04-2009
MB
Marijn Broeckaert
Director, since 09-04-2009
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0811086680
Purpose change · Amendment of the articles
“In het algemeen,alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten…” (deed in Dutch) · General meeting of 03-07-2024 · Gazette deed
Demerger: SPLENDIT splits off to THE SHOW MUST GO ON BV
Company renamed to Parallel Universe · New name: Parallel Universe · Transfer of shares from SPLENDIT to THE SHOW MUST GO ON BV · General meeting of 23-12-2022 · Gazette deed
Transfer proposal: Splendit transfers a branch of activity to Splendit (formerly Splendit Accent)
Permanent representative: Marijn Broeckaert · “vastgoed- en logistiekvennootschap voor beheren en benutten van vastgoed en wagenpark ten dienste van andere…” (deed in Dutch) · The company is a shareholder of Gravity BV · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Parallel Universe Aalst | €3.2m | €430,192 | 8.8% | 0 |
| LVL MULTIMEDIA Lummen | €1.6m | €498,468 | 84.2% | 0 |
| STAKE5.BE Temse | €2.3m | €955,502 | 81.7% | 1 |
| MatrixDecor Support Tielt | €1.2m | €377,792 | 58.9% | 0.8 |
| PVL-SOUND & LIGHT Bruges | €2.9m | €311,687 | 95.1% | 1.8 |
| STEPIN Veurne | €2.7m | €393,769 | 11.3% | 1.2 |
| TRIP44 Wetteren | €1.6m | €233,853 | 40.6% | - |
These companies have the same main activity as Parallel Universe: rental and leasing activities (NACE 77222). They are comparable in size and age: total assets between €1.2m and €2.9m, founded between 1999 and 2018.
Official details
Source: KBO- Status
- Active since 09-04-2009Normal situation
- Activity
- Rental and leasing activitiesNACE 77222and 1 other
- Establishment unit
- 2.236.660.8409320 Aalst, since 09-04-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 02-02-2026
Annual accounts 2025
- ≈ €1.0mestimated
- €3.2m▲ 1.5%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on Parallel Universe
Parallel Universe files the abbreviated format. That format states no turnover. The gross margin rose from €54,819 in 2010 to €430,192 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets.
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 Parallel Universe
- What is the company number of Parallel Universe?
- The company number of Parallel Universe is 0811.086.680. The VAT number is the same number with BE in front: BE 0811.086.680.
- Where is Parallel Universe based?
- The registered office is at Waterkeringstraat 13, 9320 Aalst.Company details
- What does Parallel Universe do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77222).
- What is the legal form of Parallel Universe?
- Parallel Universe is a private limited company (BV).
- When was Parallel Universe founded?
- Parallel Universe was founded on 09-04-2009.
- Is Parallel Universe still active?
- Yes, Parallel Universe is an active enterprise in the KBO register.
- How many employees does Parallel Universe have?
- Parallel Universe had an average of 14.5 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of Parallel Universe?
- The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €430,192 and 2,275 comparable companies of the same size. It probably lies between €610,000 and €1.7m. It is a rough estimate.
- Is Parallel Universe profitable?
- In financial year 2025, Parallel Universe made a profit of €59,068.
- Where can I find the annual accounts of Parallel Universe?
- Parallel Universe filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Parallel Universe due?
- Parallel Universe must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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