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PARACUR

Open bankruptcy
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 2012Broeckstraat 10, 9890 Gavere, BelgiumKBO/BCE: BE 0844.932.851

A bankruptcy procedure is open for PARACUR according to publications in the Belgian State Gazette; curator: BENNY GOOSSENS.

Summary

The file additionally contains 1 interim measure. The 2019 annual accounts show equity of €255k and a net result of €11k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 01-07-2020, 30 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
30 d early
← 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

Financials · fiscal year 2019, abbreviated schema

Equity
€255k▲ 480%
2018 · €44k
2018: €44k
2018 → 2019
Total assets
€993k▲ 13.8%
2018 · €872k
2018: €872k
2018 → 2019
Net result
€11k▼ 81.2%
2018 · €57k
2018: €57k
2018 → 2019
Working capital
€161k▲ 244%
2018 · €47k
2018: €47k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019Trend
Equity€44k-€255k▲ 480%
Operating result€71k-€25k▼ 64.1%
Net result€57k-€11k▼ 81.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2018: €71k€71kNet result 2018: €57k€57kOperating result 2019: €25k€25kNet result 2019: €11k€11k20182019€0€20k€40k€60k€80kOperating result 2018: €71k€71kNet result 2018: €57k€57kOperating result 2019: €25k€25kNet result 2019: €11k€11k20182019
The operating result falls in 2019; 2019 is 64% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €993k
Fixed assets €182k ▼ 4.5%
Current assets €810k ▲ 19.0%
Equity and liabilities €993k
Equity €255k ▲ 480%
Debt €738k ▼ 10.9%
Debt's share of the balance-sheet total falls from 95.0% to 74.3%. Equity is higher and debt is lower.
Key figures and ratios
2019 value · change against 2018
EBITDA
€34k
2018 · €80k
Cash flow
€19k
2018 · €67k
Current ratio
1.25
2018 · 1.07
Debt to equity
0.35
2018 · 4.41
ROE
4.2%
2018 · 130.7%
ROA
1.1%
2018 · 6.6%
Debt ≤ 1 year
€649k
2018 · €634k
Debt > 1 year
€89k
2018 · €194k
Income taxes
€8k
2018 · €9k
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 · 2019 against 2018 · 25 lines
Balance sheet Code20182019
Assets
Total assets20/58€872k€993k
Fixed assets21/28€191k€182k
Tangible fixed assets22/27€16k€7k
Financial fixed assets28€175k€175k=
Current assets29/58€681k€810k
Amounts receivable within one year40/41€662k€806k
Cash at bank and in hand54/58€14k-
Equity and liabilities
Total equity and liabilities10/49€872k€993k
Equity10/15€44k€255k
Contributions10/11€19k€19k=
Reserves13€25k€25k=
Profit (loss) carried forward14€-87€11k
Amounts payable17/49€828k€738k
Amounts payable after more than one year17€194k€89k
Amounts payable within one year42/48€634k€649k
Trade debts44€193k€193k
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k
Gross operating margin9900€665k€113k
Operating profit (loss)9901€71k€25k
Recurring financial income75€520€3k
Recurring financial charges65€5k€10k
Profit (loss) for the period before taxes9903€66k€19k
Income taxes67/77€9k€8k
Profit (loss) for the period9904€57k€11k
Profit (loss) for the period to be appropriated9905€57k€11k

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Timeline · acts, filings and financial milestones

2022
26-09
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 20-09-2022
17-06
Interim measure Provisional administrator
Ondernemingsrechtbank Gent
2020
01-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Equity above €200kEq €255k ▲480%
2 profitable years in a row build equity to €255k.
20-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 51 days late
21-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 205 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
23-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
2015
27-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Gavere · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
228 m²
Building footprint
140 m²
Volume, LiDAR
1,412 m³
Parcel 44020A0080/00E002, Flanders · tallest building 12.9 m, ±4 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
PARACUR
Broeckstraat 10, 9890 GavereAccommodation
since 20122.208.508.371
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44020A0080/00E002 Flanders 228 m² 1 · 140 m² 12.9 m · 4 fl.
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator BENNY GOOSSENS
TOLPOORTSTRAAT 145, 9800 DEINZE
20-09-2022present

Similar companies · same sector, comparable size

Of 3,234 companies in sector 47781 we hold annual accounts for 744. 557 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 formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded30-03-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
86940Nursing and midwifery
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

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