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 2023 and 2024.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
Financials
Financial year 2024
Paragon Living from Beringen, company number BE0435750130, closed financial year 2024 with a result of € -43 after tax. Compared with financial year 2023, the result moved from € -17,055 to € -43. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 17, 2025.
€ 183,015
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43
▲ 100 % less loss than in 2023
Profit after tax over the fiscal year.
€ 149
▼ 23% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,905.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 38,453
▼ 5% vs 2023
€ 4,309 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,925 | € 5,450 | € -8,114 | - | |
| Profit after taxes | € 1,784 | € 5,588 | € -17,055 | € -43 | ▲ € 17,012 |
| Equity | € 194,525 | € 200,113 | € 183,058 | € 183,015 | |
| Total debts | € 57,630 | € 47,967 | € 57,725 | € 58,170 | ▲ 1% |
| Cash | € 16 | € 81 | € 193 | € 149 | ▼ 23% |
| Retained profit | € 8,605 | € 14,193 | € -2,862 | € -2,905 | ▼ € 43 |
| Bank debt | € 49,446 | € 46,021 | € 40,465 | € 38,453 | ▼ 5% |
| Balance sheet total | € 252,155 | € 248,080 | € 240,783 | € 241,185 |
Key figures of Paragon Living, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.
What happened to Paragon Living?
What happened at Paragon Living in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 43. Source: NBB ↗
- New establishment in Beringen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,784 profit in 2021 to € 43 loss in 2024.
Paid € 800 in corporate taxes since 2021.
Best year ever: 2022, with € 5,588 profit.
Management
Behind Paragon Living is Rukiye Erzurumlu. Rukiye Erzurumlu is also behind HANDIRI and MUSCO.
Establishments
Establishment units
Physical locations of this company
Koolmijnlaan 54
3580 Beringen
Zuidstraat 9
3581 Beringen
Active since 7 December 1988
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0435.750.130
- VAT number
- BE 0435.750.130
- Registered office
- Koolmijnlaan 54, 3580 Beringen
- Names & denominations
- Paragon Living
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 1988
- Peppol
- Active · Active since 28 Dec 2025