Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
PARNASSE SQUARE INVEST from Elsene, company number BE0472573112, closed financial year 2025 with a result of € -118,764 after tax. For that financial year PARNASSE SQUARE INVEST recorded revenue of € 17 million and equity of € -14.6 million. Compared with financial year 2024, the result moved from € -53,987 to € -118,764. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -14.6 million
▼ € 118,764 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -118,764
▼ 120 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4.6 million
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -34 million.
People and assets in 2025
€ 973,716
▲ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24.7 million
Loans from banks and other lenders, long and short.
€ 1.4 million
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,935,478 | € 17,785,593 | € 17,042,860 | € 17,018,561 | |
| Profit after taxes | € -777,259 | € -160,105 | € -53,987 | € -118,764 | ▼ € 64,777 |
| Equity | € -14,236,827 | € -14,396,932 | € -14,450,919 | € -14,569,682 | ▼ € 118,764 |
| Total debts | € 36,371,583 | € 37,095,365 | € 36,520,870 | € 36,623,040 | |
| Cash | € 3,907,070 | € 4,775,881 | € 4,963,088 | € 4,579,142 | ▼ 8% |
| Land & buildings | € 15,353,645 | € 13,693,499 | € 12,648,686 | € 11,827,362 | ▼ 6% |
| Retained profit | € -33,673,055 | € -33,833,160 | € -33,887,147 | € -34,005,910 | |
| Bank debt | € 24,710,400 | € 24,710,400 | € 24,710,400 | € 24,710,400 | |
| Balance sheet total | € 22,134,756 | € 22,698,433 | € 22,069,951 | € 22,053,358 |
Key figures of PARNASSE SQUARE INVEST, 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 PARNASSE SQUARE INVEST?
What happened at PARNASSE SQUARE INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PRIMOTEL EUROPE ENT E stepped down as director. NBB
- ALGONQUIN MANAGEMENT PARTNERS SA stepped down as director. NBB
- SCHRODER REAL ESTATE (France) ENT E stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 118,764. filed late Source: NBB ↗
- SCHRODER REAL ESTATE (France) ENT E became a director. NBB
- PRIMOTEL EUROPE ENT E became a director. NBB
- ALGONQUIN MANAGEMENT PARTNERS SA became a director. NBB
- New establishment in Elsene. KBO
In short
From € 777,259 loss in 2022 to € 118,764 loss in 2025.
Paid € 22,657 in corporate taxes since 2022.
Pays suppliers within 40 days on average.
A new publication or filing at PARNASSE SQUARE INVEST? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Director · represented by BERTHELOT Eudes
since 2021 · until 2027
ALGONQUIN MANAGEMENT PARTNERS SA
Director · represented by CHAMLEY Vincent
Also active at: ALGONQUIN ASTRID
since 2015 · until 2027
SCHRODER REAL ESTATE (France) ENT E
Director · represented by Emmanuel Dissez
since 2022 · until 2027
Establishments
Establishment units
Physical locations of this company
Parnassusstraat 19
1050 Elsene
Parnassusstraat 9-15
1050 Elsene
Active since 1 January 2008
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
- 0472.573.112
- VAT number
- BE 0472.573.112
- Registered office
- Parnassusstraat 19, 1050 Elsene
- Names & denominations
- PARNASSE SQUARE INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 August 2000
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant