Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PARA from Gent, company number BE0428088912, closed financial year 2025 with a result of € -21,611 after tax. For that financial year PARA recorded a gross margin of € 311,984 and equity of € 710,085. Compared with financial year 2024, the result moved from € -122,837 to € -21,611. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 710,085
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,611
▲ 82 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,151
▲ € 7,652 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 691,485.
People and assets in 2025
3
Average over the fiscal year, from the social balance sheet.
€ 212,561
▲ 1% vs 2024
€ 70,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,729
▼ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.6 million
Loans from banks and other lenders, long and short.
€ 72,400
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,244
▲ 115% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,122,390 | € 388,535 | € 233,692 | € 311,984 | ▲ 34% |
| Profit after taxes | € 708,968 | € 30,273 | € -122,837 | € -21,611 | ▲ € 101,225 |
| Equity | € 824,260 | € 854,533 | € 731,696 | € 710,085 | ▼ 3% |
| Total debts | € 3,104,324 | € 3,256,506 | € 2,985,767 | € 2,956,136 | ▼ 1% |
| Cash | € 463,430 | € 121,853 | € 499 | € 8,151 | ▲ € 7,652 |
| Land & buildings | € 1,916 | € 1,808 | € 1,701 | € 1,593 | ▼ 6% |
| Retained profit | € 805,660 | € 835,933 | € 713,096 | € 691,485 | ▼ 3% |
| Bank debt | € 3,007,143 | € 2,614,286 | € 2,555,343 | € 2,555,343 | |
| Balance sheet total | € 3,928,584 | € 4,111,039 | € 3,717,463 | € 3,666,221 | ▼ 1% |
| Employees (FTE) | 11.7 | 5.1 | 3 | 3 |
Key figures of PARA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PARA?
What happened at PARA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WP Consulting BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 21,612. Source: NBB ↗
- WP Consulting BV became a director. NBB
- Lippens N Management BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 708,968 profit in 2022 to € 21,612 loss in 2025.
Paid € 31,505 in corporate taxes since 2022.
Best year ever: 2022, with € 708,968 profit.
On average € 104,000 of value added per employee in 2025.
Management
The stake of Specialty Paints & Coatings comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PARABehind PARA is Lippens N Management BV. The shares are held by Specialty Paints & Coatings (100%). It owns 100% of Para industries itself.
Directors
According to the 2025 annual accounts
Administrator-manager · represented by Nicolas Lippens
Also active at: PARA INDUSTRIES, Staal Straal Weelde, Pattyn Albert & Cie, PETER VERSTUYF/HI-TECH-PROTECTION
since 2024
Administrator-manager · represented by Wouter Pauwels
Also active at: PARA INDUSTRIES, Staal Straal Weelde, Pattyn Albert & Cie, METAL FINISHING INDUSTRIES, TILKIN POWDER COATINGS, PETER VERSTUYF/HI-TECH-PROTECTION, IPD, IPC SERVICES
since 2026 · until 2032
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Knippegroen 40
9042 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.088.912
- VAT number
- BE 0428.088.912
- Registered office
- Knippegroen 40, 9042 Gent
- Names & denominations
- PARA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 1985
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- [email protected]
- Activities · NACE
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