Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PARNASSIA from Kortenberg, company number BE0465745993, closed financial year 2024 with a result of € -50,610 after tax. For that financial year PARNASSIA recorded a gross margin of € 18,107 and equity of € 65,200. Compared with financial year 2023, the result moved from € -12,603 to € -50,610. 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 October 31, 2025.
€ 65,200
▼ 44% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,610
▼ 302 % more loss than in 2023
Profit after tax over the fiscal year.
€ 15,675
▼ 75% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 59,000.
People and assets in 2024
€ 19,982
▼ 17% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 64,271
▲ 121% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 214,768
▲ 7% vs 2023
€ 27,858 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 4,100
▼ 85% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,188
▲ 29% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 49,820 | € 44,448 | € 49,988 | € 18,107 | ▼ 64% |
| Profit after taxes | € -1,511 | € -12,215 | € -12,603 | € -50,610 | ▼ € 38,007 |
| Equity | € 147,617 | € 128,414 | € 115,811 | € 65,200 | ▼ 44% |
| Total debts | € 46,530 | € 38,209 | € 233,482 | € 256,392 | ▲ 10% |
| Cash | € 52,262 | € 10,804 | € 63,470 | € 15,675 | ▼ 75% |
| Land & buildings | € 4,576 | € 2,972 | € 204,195 | € 205,281 | ▲ 1% |
| Retained profit | € 141,417 | € 122,214 | € 109,611 | € 59,000 | ▼ 46% |
| Dividend | € 0 | € 6,989 | € 0 | € 0 | |
| Bank debt | € 36,077 | € 28,227 | € 201,553 | € 214,768 | ▲ 7% |
| Balance sheet total | € 194,147 | € 166,623 | € 349,292 | € 321,593 | ▼ 8% |
Key figures of PARNASSIA, 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 31 July 2026.
What happened to PARNASSIA?
What happened at PARNASSIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 50,610. filed late Source: NBB ↗
- New establishment in Kortenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,511 loss in 2021 to € 50,610 loss in 2024.
Paid € 2,146 in corporate taxes since 2021.
Paid out € 6,989 in dividends to the owners in total.
Management
Behind PARNASSIA are HELENA VANVOLSEM and GEERT DESMEDT.
Directors
According to the 2024 annual accounts
HELENA VANVOLSEM
Manager
GEERT DESMEDT
Manager
Establishments
Establishment units
Physical locations of this company
Vogelenzangstraat 123
3070 Kortenberg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
HETZNER-AS, DE
Website info
Features
Security
Network
Details
- Company number
- 0465.745.993
- VAT number
- BE 0465.745.993
- Registered office
- Vogelenzangstraat 123, 3070 Kortenberg
- Names & denominations
- PARNASSIA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 1999
- Peppol
- Active · Active since 14 Jul 2025
- Contact
- parnassia.be
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