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Par'azaar

Active
Private limited companyfounded 20251 yr activeKortrijksestraat(Heu) 68, 8501 Kortrijk, BelgiumKBO/BCE: BE 1020.192.154
Summary

The computed 12-month bankruptcy probability of Par'azaar is 2.0% (moderate). The 2025 annual accounts show equity of €19,394 and a net result of €14,394. Its solvency ranks better than 50% of 16078 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Event catering
NACE 56210
1 site
Size
€63,373total assets 2025
Equity
€19,394
Profit
€14,394
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2025
Bankruptcy chance 12 m
2.0%
Structure
Accounts filed 31 d late0 of 2 deeds read
Why 55- Sector Food and beverage service activities (NACE 56)- Founded in 2025- Size: total assets €63,373+ Liquidity: current ratio 1.29, cash €49,569Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 67% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency 56
equity 30.6% of total assets
Liquidity 63
short-term debt 69.4% · cash 78.2%
Profitability 97
return on assets 22.7%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,529 companies)
Last 24 months 03-2026: 3.9% 04-2026: 3.9%● 0.0% vs 03-2026 05-2026: 4.1%▲ +4.1% vs 04-2026 06-2026: 4.4%▲ +7.7% vs 05-2026 07-2026: 4.6%▲ +3.3% vs 06-2026 08-2026: 4.9%▲ +7.1% vs 07-2026highest value 09-2026: 1.9%▼ -61.9% vs 08-2026lowest value 10-2026: 2.0%▲ +6.0% vs 09-2026
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Liquidity: current ratio 1.29, cash €49,569 lowers the probability
  • Founded in 2025 raises the probability for this profile
  • Size: total assets €63,373 raises the probability for this profile
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.29; short-term debt: 69.4% and cash: 78.2% of total assets), and 69.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 51%, liquidity 67%, profitability 84%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Liquidity: current ratio 1.29, cash €49,569
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Founded in 2025
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Size: total assets €63,373
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Total assets 2025first fiscal year filed €63,373 View
  • Active since 2025founded 19-02-2025 1 years View

By topic

Financials

Fiscal year
2025
Total assets
€63,373
Profit
€14,394
Solvency
30.6%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Event cateringNACE 56210
Founded
19-02-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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