PARA INDUSTRIES
ActiveSummary
PARA INDUSTRIES has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.35M and a net result of €290k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 2045 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+84
Solvency81▲+24
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.28 in 2024; short-term debt: 42.1% and cash: 0.1% of total assets), and 44.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.7%
Return on assets
12%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
20 d early
2023
75 d late
2022
31 d late
2021
68 d early
2020
15 d early
2019
90 d early
← 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€290k
2024 · €-821k
2018: €144k
2019: €280k
2020: €710k
2021: €761k
2022: €1.25M
2023: €-174k
2024: €-821k
2018 → 2025
Working capital
€933k▲ 47.3%
2024 · €633k
2018: €176k
2019: €229k
2020: €406k
2021: €488k
2022: €1.49M
2023: €1.31M
2024: €633k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€806k-€2.05M▲ 155%€1.88M▼ 8.5%€1.06M▼ 43.7%€1.35M▲ 27.4%
Operating result€1.00M-€1.57M▲ 56.7%€-165k€-730k▼ 342%€289k
Net result€761k-€1.25M▲ 63.9%€-174k€-821k▼ 372%€290k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €289k after a loss of €730k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.42M
Fixed assets
€468k ▲ 0.4%
Current assets
€1.95M ▼ 32.5%
Equity and liabilities €2.42M
Equity
€1.35M ▲ 27.4%
Debt
€1.07M ▼ 53.4%
Debt's share of the balance-sheet total falls from 68.5% to 44.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€497k▲
2024 · €-498k
Cash flow
€498k▲
2024 · €-588k
Current ratio
1.92▲
2024 · 1.28
Quick ratio
1.38▲
2024 · 0.99
Debt to equity
0.79▼
2024 · 2.17
ROE
21.5%▲
2024 · -77.6%
ROA
12.0%▲
2024 · -24.5%
Interest coverage
144.25▲
2024 · -68.33
Debt ≤ 1 year
€1.02M▼
2024 · €2.26M
Debt > 1 year
€35k=
2024 · €35k
Income taxes
€-3k▼
2024 · €85k
Staff costs
€1.53M▲
2024 · €1.49M
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 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.35M€2.42M▼
Fixed assets21/28€466k€468k▲
Intangible fixed assets21€5k€0▼
Tangible fixed assets22/27€458k€466k▲
Land and buildings22€111k€235k▲
Plant, machinery and equipment23€204k€166k▼
Furniture and vehicles24€143k€65k▼
Financial fixed assets28€2k€2k=
Current assets29/58€2.89M€1.95M▼
Stocks and contracts in progress3€647k€548k▼
Stocks30/36€277k€227k▼
Contracts in progress37€370k€321k▼
Amounts receivable within one year40/41€2.20M€1.40M▼
Trade receivables40€2.13M€1.13M▼
Other amounts receivable41€70k€265k▲
Cash at bank and in hand54/58-€2k
Deferred charges and accrued income490/1€40k€2k▼
Equity and liabilities
Total equity and liabilities10/49€3.35M€2.42M▼
Equity10/15€1.06M€1.35M▲
Contributions10/11€112k€112k=
Capital10€112k€112k=
Issued capital100€112k€112k=
Reserves13€273k€273k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€11k€11k=
Reserves not available under the articles1311€14k€14k=
Distributable reserves133€249k€249k=
Profit (loss) carried forward14€672k€962k▲
Amounts payable17/49€2.30M€1.07M▼
Amounts payable after more than one year17€35k€35k=
Financial debts170/4€35k€35k=
Amounts payable within one year42/48€2.26M€1.02M▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€1.00M€918k▼
Suppliers440/4€1.00M€918k▼
Taxes, remuneration and social security45€117k€99k▼
Taxes450/3€16k€12k▼
Remuneration and social security454/9€101k€87k▼
Other amounts payable47/48€1.14M-
Accrued charges and deferred income492/3€7k€19k▲
Income statement
Code20242025
Non-recurring operating income76A€36k€2k▼
Remuneration, social security and pensions62€1.49M€1.53M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€233k€208k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€33k-
Other operating charges640/8€407k€165k▼
Non-recurring operating charges66A€9k€4k▼
Gross operating margin9900€1.44M€2.19M▲
Operating profit (loss)9901€-730k€289k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€7k€3k▼
Recurring financial charges65€7k€3k▼
Profit (loss) for the period before taxes9903€-736k€287k▲
Income taxes67/77€85k€-3k▼
Profit (loss) for the period9904€-821k€290k▲
Profit (loss) for the period to be appropriated9905€-821k€290k▲
Appropriation of the result
Profit (loss) to be appropriated9906€672k€962k▲
Profit (loss) brought forward from the previous period14P€1.49M€672k▼
Social balance
Average headcount (FTE)908728.823.5▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
24-03
State Gazette act
Resignation: DC ADVISORY BV (director)Permanent representatives: Dominique Charlier, Wouter Pauwels and Nicolas Lippens · Appointment: WP CONSULTING BV (director) · Director discharge9 facts ▸
State Gazette act
Resignation: DC ADVISORY BV (director)
Permanent representatives: Dominique Charlier, Wouter Pauwels and Nicolas Lippens · Appointment: WP CONSULTING BV (director) · Director discharge9 facts ▸
- General meeting, 26/02/2026
- Director resignation, DC ADVISORY BV (director)
- Director discharge, DC ADVISORY BV
- Permanent representative, Dominique Charlier
- Director appointment, WP CONSULTING BV (director)
- Mandate compensation, WP CONSULTING BV
- Permanent representative, Wouter Pauwels
- Permanent representative, Nicolas Lippens
- Power of attorney, Deloitte Legal - Lawyers BV
2025
31-12
Financial
Back to profitnet €290k
Net result €290k after 2 loss-making years.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-821k
Net result drops to €-821k, the lowest in the series; recovery starts the following year.
14-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 75 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €1.25M ▲63.9%
Operating result €1.57M, net result €1.25M, both a record.
31-12
Financial
Equity above €2MEq €2.05M ▲155%
5 profitable years in a row build equity to €2.05M.
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
30-09
Financial
Equity above €500kEq €535k ▲50.6%
2 profitable years in a row build equity to €535k.
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
10-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
WP CONSULTING
CurrentDirector · since 26-02-2026 · Private limited company · perm. rep.: Wouter Pauwels
26-02-2026
WP CONSULTING: Appointed as Director
26-02-2026
DC Advisory: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1946
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Knippegroen 409042 GentGround area
7,419 m²
Building footprint
230 m²
Volume, LiDAR
677 m³
Parcel 44814F0070/00G000, Flanders · tallest building 3.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PARA INDUSTRIES NV
since 19462.006.675.325
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44814F0070/00G000 | Flanders | 7,419 m² | 1 · 230 m² | 3.3 m · 1 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.
Structure & network
Connections & network
10 connected companiesLinked via shared directors
Shared corporate director
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Show 6 more companies with a shared director
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
3 locations
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 14,837 EUR awarded · 14,254 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,838 EUR | 2,444 EUR |
| 2024 | 1 | 3,836 EUR | 4,004 EUR |
| 2023 | 1 | 7,457 EUR | 7,486 EUR |
| 2022 | 1 | 706 EUR | 320 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
2 categoriesPARA INDUSTRIES NV28603
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Of 7,861 companies in sector 43341 we hold annual accounts for 2,663. 770 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 formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:pieter@para-industries.be