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BOUDRY PASCAL

Active
Private limited companyfounded 200124 years activeRue d'Autreppe(AUT) 6, 7387 Honnelles, BelgiumKBO/BCE: BE 0476.282.173
Summary

BOUDRY PASCAL has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €453,722 and a net result of €69,146. Equity remains stable across the filed fiscal years (±2.1% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known
Size
€540,807total assets 2025
Equity
€453,722
Profit
€69,146
Turnover not published (abridged schema)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 2 days early0 of 2 deeds read
Why 94- No establishment unit in the KBO+ Size: total assets €540,807+ Equity €453,722 (83.9% of total assets)+ Figures for FY 2025 (filed 29-07-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 83.9% of total assets
Liquidity 58-2
short-term debt 10.7% · cash 6.9%
Profitability 85+14
return on assets 12.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: 0.1%▲ +0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: 0.1%▲ +0.1 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 5.93 against 23.94 in 2024; short-term debt: 10.7% and cash: 6.9% of total assets), and 16.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 55% on liquidity, 68% on profitability and 8% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €540,807
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · No establishment unit in the KBO
KBO · seat and establishments
lowers risk · Equity €453,722 (83.9% of total assets)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 29-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
24 days early
2023
30 days early
2022
18 days late
2021
1 day late
2020
11 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Financials · fiscal year 2025, micro schema

Equity
€453,722▼ 58.3%
2024 · €1.1m
Total assets
€540,807▼ 54.5%
2024 · €1.2m
Net result
€69,146▲ 278%
2024 · €18,312
Working capital
€286,339▼ 68.9%
2024 · €921,474
Trend over the years

2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years

The operating result recovers in 2025; 2025 is 550% above 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€0.08m 2025 Net result€0.07m 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.004m-€0.002m▼ 31.9%€0.04m▲ 1,498%€0.05m▲ 21.2%€0.1m▲ 104%€0.04m▼ 62.6%€0.01m▼ 67.8%€0.08m▲ 550%
Net result-€0.003m-€0.7m€0.02m▼ 96.5%€0.03m▲ 23.7%€0.07m▲ 126%€0.03m▼ 55.4%€0.02m▼ 40.6%€0.07m▲ 278%
Equity€0.3m-€1.0m▲ 190%€1.0m▼ 1.7%€1.0m▲ 1.6%€1.0m▲ 5.3%€1.1m▲ 2.2%€1.1m▲ 1.7%€0.5m▼ 58.3%
Total assets€0.4m-€1.2m▲ 166%€1.1m▼ 3.3%€1.1m▼ 5.6%€1.2m▲ 15.5%€1.2m▼ 1.9%€1.2m▼ 0.9%€0.5m▼ 54.5%
Debt€0.09m-€0.2m▲ 75.5%€0.1m▼ 12.7%€0.07m▼ 54.2%€0.2m▲ 170%€0.1m▼ 26.0%€0.1m▼ 22.4%€0.09m▼ 14.4%
Working capital€0.1m-€0.8m▲ 597%€0.8m▼ 2.5%€0.8m▼ 0.5%€0.9m▲ 9.0%€0.9m▲ 2.5%€0.9m▲ 2.0%€0.3m▼ 68.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €540,807
Fixed assets €196,380 ▼ 13.9%
Current assets €344,427 ▼ 64.2%
Equity and liabilities €540,807
Equity €453,722 ▼ 58.3%
Debt €87,085 ▼ 14.4%
Debt's share of the balance-sheet total rises from 8.6% to 16.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€108,774▲
2024 · €43,686
Cash flow
€100,733▲
2024 · €50,123
Current ratio
5.93▼
2024 · 23.94
Debt to equity
0.19▲
2024 · 0.09
ROE
15.2%▲
2024 · 1.7%
ROA
12.8%▲
2024 · 1.5%
Interest coverage
85.56▲
2024 · 24.02
Debt ≤ 1 year
€58,088▲
2024 · €40,173
Debt > 1 year
€28,997▼
2024 · €61,545
Income taxes
€30,947▲
2024 · €10,974
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€0.5m▼
Fixed assets21/28€0.2m€0.2m▼
Tangible fixed assets22/27€0.2m€0.2m▼
Land and buildings22€0.1m€0.1m=
Plant, machinery and equipment23€0.01m€0.01m▼
Furniture and vehicles24€0.07m€0.04m▼
Other tangible fixed assets26€0.01m€0.01m=
Current assets29/58€1.0m€0.3m▼
Amounts receivable within one year40/41€0.006m€0.005m▼
Other amounts receivable41€0.006m€0.005m▼
Current investments50/53€0.8m€0.2m▼
Cash at bank and in hand54/58€0.09m€0.04m▼
Deferred charges and accrued income490/1€0.05m€0.1m▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€0.5m▼
Equity10/15€1.1m€0.5m▼
Contributions10/11€0.006m€0.006m=
Reserves13€0.9m€0.3m▼
Tax-exempt reserves132€0.03m€0.03m=
Distributable reserves133€0.9m€0.2m▼
Profit (loss) carried forward14€0.2m€0.2m=
Amounts payable17/49€0.1m€0.09m▼
Amounts payable after more than one year17€0.06m€0.03m▼
Financial debts170/4€0.06m€0.03m▼
Amounts payable within one year42/48€0.04m€0.06m▲
Current portion of amounts payable after more than one year42€0.03m€0.03m▲
Trade debts44€311€0.001m▲
Suppliers440/4€311€0.001m▲
Taxes, remuneration and social security45€0.008m€0.02m▲
Taxes450/3€0.008m€0.02m▲
Other amounts payable47/48€140€140=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.03m▼
Other operating charges640/8€0.002m€0.002m▼
Gross operating margin9900€0.05m€0.1m▲
Operating profit (loss)9901€0.01m€0.08m▲
Financial income75/76B€0.02m€0.02m▲
Recurring financial income75€0.02m€0.02m▲
Financial charges65/66B€0.002m€0.001m▼
Recurring financial charges65€0.002m€0.001m▼
Profit (loss) for the period before taxes9903€0.03m€0.1m▲
Income taxes67/77€0.01m€0.03m▲
Profit (loss) for the period9904€0.02m€0.07m▲
Profit (loss) for the period to be appropriated9905€0.02m€0.07m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Profit (loss) brought forward from the previous period14P€0.2m€0.2m=
Transfer from equity791/2-€0.7m
Transfer to equity691/2€0.02m€0.07m▲
To other reserves6921€0.02m€0.07m▲
Profit to be distributed694/7-€0.7m
Return on contributions (dividend)694-€0.7m

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€230€75,515----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46,784€25,489€4,036€4,209€22,264€31,952€31,811€31,587▼ 0.7%
Other operating charges640/8---€2,314€7,601€2,781€2,490€2,372▼ 4.7%
Non-recurring operating charges66A----€2,915----
Gross operating margin9900€54,629€32,048€46,879€54,865€131,393€71,582€46,176€111,146▲ 141%
Operating profit (loss)9901€3,670€2,497€39,900€48,342€98,613€36,848€11,874€77,187▲ 550%
Financial income75/76B---€47-€11,117€19,230€24,178▲ 25.7%
Recurring financial income75€3,302€1,042€64€47-€11,117€19,230€24,178▲ 25.7%
Financial charges65/66B---€1,154€1,932€2,099€1,819€1,271▼ 30.1%
Recurring financial charges65€3,731€2,580€1,568€1,154€1,932€2,099€1,819€1,271▼ 30.1%
Profit (loss) for the period before taxes9903€3,593€778,683€38,788€47,236€96,681€45,867€29,286€100,094▲ 242%
Income taxes67/77€6,310€75,363€14,070€16,667€27,488€15,024€10,974€30,947▲ 182%
Profit (loss) for the period9904-€2,717€703,320€24,718€30,568€69,193€30,843€18,312€69,146▲ 278%
Profit (loss) for the period to be appropriated9905-€2,717€703,320€24,718€30,568€69,193€30,843€18,312€69,146▲ 278%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.4m€1.2m€1.1m€1.1m€1.2m€1.2m€1.2m€0.5m▼ 54.5%
Fixed assets21/28€0.2m€0.2m€0.2m€0.2m€0.3m€0.3m€0.2m€0.2m▼ 13.9%
Tangible fixed assets22/27€0.2m€0.2m€0.2m€0.2m€0.3m€0.3m€0.2m€0.2m▼ 13.9%
Land and buildings22---€0.2m€0.1m€0.1m€0.1m€0.1m=
Plant, machinery and equipment23---€0.02m€0.02m€0.02m€0.01m€0.01m▼ 18.3%
Furniture and vehicles24---€0.007m€0.1m€0.1m€0.07m€0.04m▼ 42.6%
Other tangible fixed assets26---€0.01m€0.01m€0.01m€0.01m€0.01m=
Financial fixed assets28€0.08m--------
Current assets29/58€0.2m€0.9m€0.9m€0.8m€0.9m€0.9m€1.0m€0.3m▼ 64.2%
Amounts receivable within one year40/41€0.04m---€99€0.001m€0.006m€0.005m▼ 20.0%
Other amounts receivable41----€99€0.001m€0.006m€0.005m▼ 20.0%
Current investments50/53€0.07m€0.05m€0.06m€0.06m€0.06m€0.8m€0.8m€0.2m▼ 75.5%
Cash at bank and in hand54/58€0.02m€0.8m€0.8m€0.7m€0.8m€0.08m€0.09m€0.04m▼ 59.8%
Deferred charges and accrued income490/1---€0.06m€0.05m€0.06m€0.05m€0.1m▲ 92.4%
Equity and liabilities
Total equity and liabilities10/49€0.4m€1.2m€1.1m€1.1m€1.2m€1.2m€1.2m€0.5m▼ 54.5%
Equity10/15€0.3m€1.0m€1.0m€1.0m€1.0m€1.1m€1.1m€0.5m▼ 58.3%
Contributions10/11€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m=
Capital10---€0.006m€0.006m----
Issued capital100---€0.02m€0.02m----
Uncalled capital101---€0.01m€0.01m----
Reserves13€0.1m€0.8m€0.8m€0.8m€0.9m€0.9m€0.9m€0.3m▼ 69.8%
Non-distributable reserves130/1---€0.002m€0.002m----
Legal reserve130---€0.002m€0.002m----
Tax-exempt reserves132---€0.03m€0.03m€0.03m€0.03m€0.03m=
Distributable reserves133---€0.8m€0.8m€0.9m€0.9m€0.2m▼ 72.2%
Profit (loss) carried forward14€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m=
Amounts payable17/49€0.09m€0.2m€0.1m€0.07m€0.2m€0.1m€0.1m€0.09m▼ 14.4%
Amounts payable after more than one year17€0.03m€0.06m€0.05m€0.05m€0.1m€0.09m€0.06m€0.03m▼ 52.9%
Financial debts170/4---€0.05m€0.1m€0.09m€0.06m€0.03m▼ 52.9%
Amounts payable within one year42/48€0.07m€0.1m€0.09m€0.02m€0.05m€0.04m€0.04m€0.06m▲ 44.6%
Current portion of amounts payable after more than one year42---€0.007m€0.03m€0.03m€0.03m€0.03m▲ 1.0%
Trade debts44€0.008m€0.001m€0.07m€0.005m€0.001m€389€311€0.001m▲ 207%
Suppliers440/4---€0.005m€0.001m€389€311€0.001m▲ 207%
Taxes, remuneration and social security45---€0.008m€0.02m€0.005m€0.008m€0.02m▲ 226%
Taxes450/3---€0.006m€0.02m€0.005m€0.008m€0.02m▲ 226%
Remuneration and social security454/9---€0.002m-----
Other amounts payable47/48----€180-€140€140=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€2,717€703,320€24,718€30,568€69,193€30,843€18,312€69,146▲ 278%
+ Depreciation and write-downs630€46,784€25,489€4,036€4,209€22,264€31,952€31,811€31,587▼ 0.7%
Operating cash flow (approximation)€44,066€728,809€28,754€34,778€91,457€62,795€50,123€100,733▲ 101%
Investment in fixed assets (approximation)-€1,616€0-€16,582-€82,422-€1,661€0€0-
Change in cash-€809,768-€39,891-€82,823€113,468-€748,595€17,906-€56,017▼ 413%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 24 December 2001, BOUDRY PASCAL was incorporated.1 Total assets went from €436,335 in 2018 to €540,807 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
18-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial Equity above €1mEq €1.0m ▲5.3%
4 profitable years in a row build equity to €1.0m.
01-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
31-12
Financial Liquidity quadruplescurrent ratio 42.01
Current ratio from 9.97 to 42.01; short-term debt falls from €90,654 to €19,737.
11-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Back to profitnet €703,320
Net result €703,320 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 8.99
Current ratio from 2.76 to 8.99.
31-12
Financial Equity above €500,000Eq €995,428 ▲190%
Equity rises from €342,679 to €995,428.
Show earlier events
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded24-12-2001
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 8 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Honnelles
exact location from the address register On OpenStreetMap
Ground area
3,832 m²
Building footprint
155 m²
Volume, LiDAR
941 m³
Parcel 53007A0297/00M000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53007A0297/00M000 Wallonia 3,832 m² 1 · 155 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.