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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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PARALLEL from Puurs-Sint-Amands, company number BE0442713245, closed financial year 2025 with a result of € 62,311 after tax. For that financial year PARALLEL recorded revenue of € 249,892 and equity of € 636,584. Compared with financial year 2024, the result moved from € 72,411 to € 62,311. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 636,584
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,311
▼ 14% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 316,584.
Debts at end 2025
€ 700,000
Loans from banks and other lenders, long and short.
€ 12,768
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 15,103
▼ 43% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 120,233 | € 189,401 | € 236,369 | € 249,892 | ▲ 6% |
| Profit after taxes | € 15,324 | € 54,814 | € 72,411 | € 62,311 | ▼ 14% |
| Equity | € 506,048 | € 501,862 | € 574,273 | € 636,584 | ▲ 11% |
| Total debts | € 737,343 | € 787,941 | € 771,856 | € 951,969 | ▲ 23% |
| Land & buildings | € 1,142,219 | € 1,105,238 | € 1,368,250 | € 1,005,713 | ▼ 26% |
| Retained profit | € 186,048 | € 181,862 | € 254,273 | € 316,584 | ▲ 25% |
| Dividend | € 23,000 | € 59,000 | € 0 | € 0 | |
| Bank debt | € 700,000 | € 700,000 | € 700,000 | € 700,000 | |
| Balance sheet total | € 1,296,318 | € 1,340,525 | € 1,394,646 | € 1,634,865 | ▲ 17% |
Key figures of PARALLEL, 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 PARALLEL?
What happened at PARALLEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bemo BV stepped down as director. NBB
- LEMA BV stepped down as director. NBB
- LP INVEST BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 62,311 (▼ 14% vs 2024). Source: NBB ↗
- Bemo BV became a director. NBB
- LEMA BV became a director. NBB
- LP INVEST BV became a director. NBB
- New establishment in Puurs-Sint-Amands. KBO
In short
From € 15,324 profit in 2022 to € 62,311 profit in 2025.
Paid € 80,142 in corporate taxes since 2022.
Best year ever: 2024, with € 72,411 profit.
Paid out € 82,000 in dividends to the owners in total.
Management
The stake of Moortgat Real Estate comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PARALLELThe shares are held by Moortgat Real Estate (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Bernard Moortgat
Also active at: DUVEL MOORTGAT, Brouwerij De Valk, Gildenhuis Wilrijk, Brouwerij De Koninck, La Vallée des Fées, Moortgat Real Estate, MoHa, KEBOLA
since 2023 · until 2029
Managing director · represented by Michel Moortgat
Also active at: DUVEL MOORTGAT, LOTUS BAKERIES, Brouwerij De Valk, Gildenhuis Wilrijk, ANTWERP CITY BREWERY, Brouwerij De Koninck, La Vallée des Fées, Moortgat Financial Services +6 more
since 2023 · until 2029
Director · represented by Philippe Moortgat
Also active at: DUVEL MOORTGAT, ANTWERP CITY BREWERY, La Vallée des Fées, Moortgat Financial Services, 83 rue des Combattants, BELLEROSE BELGIUM, Moortgat Consumer Services, INPUT FOR YOU +2 more
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Breendonk-Dorp 58
2870 Puurs-Sint-Amands
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →DUVEL MOORTGAT same network
€ 300.3 million revenue · 2025
Gildenhuis Wilrijk same network
€ 57,000 revenue · 2025
La Vallée des Fées same network
€ 57,987 revenue · 2025
Moortgat Financial Services same network
Moortgat Consumer Services same network
€ 2.5 million revenue · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.713.245
- VAT number
- BE 0442.713.245
- Registered office
- Breendonk-Dorp 58, 2870 Puurs-Sint-Amands
- Names & denominations
- PARALLEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1990
- Peppol
- Not registered