DENYS PASCAL
ActiveFrom the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DENYS PASCAL has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €704,322 and a net result of €13,409. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 95% of 15,759 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 21-05-2015 Normal situation
- Legal form
- Private limited company
- Registered office
- Den Helder(M) 7, 8552 Zwevegem
- Activity
- Activities of notaries NACE 69102
- Establishment unit
- 2.242.872.107 8550 Zwevegem, since 21-05-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Board and ownership
- Karlien BlanckeDirector · since 27-12-2022
- Denys PascalDirector · since 24-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €19,829
- ▼ 16.6%
- Turnover
- ≈ €120,000
- estimated
- Profit
- €13,409
- ▲ 11.8%
- Equity
- €704,322
- ▲ 1.9%
- Total assets
- €709,263
- ▼ 25.1%
Score breakdownlowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 142.92, cash €191,733Size: total assets €709,263Figures for financial year 2025 (filed on 15-04-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 (NACE 69, micro). It does better than 87% of them on solvency, 74% on liquidity, 21% on profitability and 42% on growth.
The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
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Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 15-04-2026
- Format
- micro format
- Reference
- 2026-00079669
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is nearly 4 times that of 2024. It is the second rise in a row, after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Companies with the same profile, two years later
Historical observationIn July 2024, 6,049 companies had the same profile as DENYS PASCAL has now. Two years later, 0.4% had gone bankrupt and 96.0% were still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of DENYS PASCAL itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for DENYS PASCAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,240 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | - | €137 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,021 | €5,689 | €12,175 | €16,843 | €19,315 | €18,865 | €18,865 | €8,109 | ▼ 57.0% |
| Other operating charges640/8 | - | - | - | €2,899 | €5,156 | €2,650 | €2,457 | €1,976 | ▼ 19.6% |
| Gross operating margin9900 | €144,463 | €166,973 | €252,462 | €142,660 | €131,246 | €21,978 | €23,788 | €19,829 | ▼ 16.6% |
| Operating profit (loss)9901 | €137,514 | €159,496 | €237,578 | €122,917 | €106,774 | €325 | €2,465 | €9,744 | ▲ 295% |
| Financial income75/76B | - | - | - | €2 | €1 | €12,368 | €19,702 | €12,949 | ▼ 34.3% |
| Recurring financial income75 | €0 | €0 | €0 | €2 | €1 | €12,368 | €19,702 | €12,949 | ▼ 34.3% |
| Financial charges65/66B | - | - | - | €218 | €244 | €368 | €391 | €484 | ▲ 23.7% |
| Recurring financial charges65 | €1,097 | €427 | €124 | €218 | €244 | €368 | €391 | €484 | ▲ 23.7% |
| Profit (loss) for the period before taxes9903 | €136,417 | €159,070 | €237,454 | €122,701 | €106,531 | €12,325 | €21,775 | €22,209 | ▲ 2.0% |
| Income taxes67/77 | €42,765 | €47,188 | €72,628 | €37,029 | €37,127 | €2,330 | €9,777 | €8,800 | ▼ 10.0% |
| Profit (loss) for the period9904 | €93,652 | €111,881 | €164,827 | €85,672 | €69,404 | €9,994 | €11,998 | €13,409 | ▲ 11.8% |
| Profit (loss) for the period to be appropriated9905 | €93,652 | €111,881 | €164,827 | €85,672 | €69,404 | €9,994 | €11,998 | €13,409 | ▲ 11.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €311,865 | €373,830 | €583,268 | €609,673 | €677,530 | €934,364 | €946,772 | €709,263 | ▼ 25.1% |
| Fixed assets21/28 | €9,258 | €3,569 | €52,026 | €67,593 | €48,278 | €29,413 | €10,547 | €3,126 | ▼ 70.4% |
| Tangible fixed assets22/27 | €9,258 | €3,569 | €52,026 | €67,593 | €48,278 | €29,413 | €10,547 | €3,126 | ▼ 70.4% |
| Furniture and vehicles24 | - | - | - | €67,593 | €48,278 | €29,413 | €10,547 | €3,126 | ▼ 70.4% |
| Current assets29/58 | €302,608 | €370,261 | €531,242 | €542,079 | €629,252 | €904,951 | €936,224 | €706,136 | ▼ 24.6% |
| Amounts receivable within one year40/41 | €14,250 | - | - | €18,017 | €97,273 | €3,178 | €12,368 | €7,452 | ▼ 39.7% |
| Trade receivables40 | - | - | - | - | €94,400 | €0 | - | - | - |
| Other amounts receivable41 | - | - | - | €18,017 | €2,873 | €3,178 | €12,368 | €7,452 | ▼ 39.7% |
| Current investments50/53 | - | - | - | - | - | €551,185 | €600,000 | €500,000 | ▼ 16.7% |
| Cash at bank and in hand54/58 | €286,726 | €368,555 | €529,800 | €522,996 | €531,099 | €337,076 | €313,345 | €191,733 | ▼ 38.8% |
| Deferred charges and accrued income490/1 | - | - | - | €1,067 | €879 | €13,512 | €10,511 | €6,951 | ▼ 33.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €311,865 | €373,830 | €583,268 | €609,673 | €677,530 | €934,364 | €946,772 | €709,263 | ▼ 25.1% |
| Equity10/15 | €246,631 | €349,017 | €513,843 | €599,516 | €668,920 | €678,914 | €690,912 | €704,322 | ▲ 1.9% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €227,860 | €330,245 | €495,243 | €580,916 | €650,320 | €660,314 | €672,312 | €685,722 | ▲ 2.0% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €579,056 | €648,460 | €660,314 | €672,312 | €685,722 | ▲ 2.0% |
| Profit (loss) carried forward14 | €171 | €171 | €0 | - | - | - | - | - | - |
| Amounts payable17/49 | €65,234 | €24,814 | €69,425 | €10,157 | €8,610 | €255,449 | €255,859 | €4,941 | ▼ 98.1% |
| Amounts payable within one year42/48 | €64,556 | €24,814 | €69,425 | €9,784 | €8,610 | €255,449 | €255,859 | €4,941 | ▼ 98.1% |
| Trade debts44 | €506 | €377 | €916 | €430 | €0 | €625 | €815 | €149 | ▼ 81.8% |
| Suppliers440/4 | - | - | - | €430 | €0 | €625 | €815 | €149 | ▼ 81.8% |
| Taxes, remuneration and social security45 | - | - | - | €8,409 | €7,664 | €2,185 | €2,405 | €2,153 | ▼ 10.5% |
| Taxes450/3 | - | - | - | €8,409 | €7,664 | €2,185 | €2,405 | €2,153 | ▼ 10.5% |
| Other amounts payable47/48 | - | - | - | €946 | €946 | €252,639 | €252,639 | €2,639 | ▼ 99.0% |
| Accrued charges and deferred income492/3 | - | - | - | €373 | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €93,652 | €111,881 | €164,827 | €85,672 | €69,404 | €9,994 | €11,998 | €13,409 | ▲ 11.8% |
| + Depreciation and write-downs630 | €6,021 | €5,689 | €12,175 | €16,843 | €19,315 | €18,865 | €18,865 | €8,109 | ▼ 57.0% |
| Operating cash flow (approximation) | €99,673 | €117,570 | €177,002 | €102,515 | €88,720 | €28,860 | €30,863 | €21,518 | ▼ 30.3% |
| Investment in fixed assets (approximation) | - | €0 | -€60,632 | -€32,410 | €0 | €0 | €0 | -€688 | - |
| Change in cash | - | €81,830 | €161,244 | -€6,804 | €8,104 | -€194,024 | -€23,730 | -€121,612 | ▼ 412% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-04-2026 | 2026-00079669 | |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00187881 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00168051 | |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00155980 | |
| 31-12-2021 | micro format | 25-04-2022 | 2022-20007130 | |
| 31-12-2020 | micro format | 16-07-2021 | 2021-36400522 | |
| 31-12-2019 | micro format | 28-07-2020 | 2020-35000478 | |
| 31-12-2018 | micro format | 21-06-2019 | 2019-20900082 | |
| 31-12-2017 | micro format | 17-07-2018 | 2018-33900050 | |
| 31-12-2016 | abbreviated format | 21-06-2017 | 2017-19700480 |
Comparable companies
These companies have the same main activity as DENYS PASCAL: activities of notaries (NACE 69102). They are comparable in size and age: total assets between €582,000 and €890,000, founded between 2008 and 2016.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| DENYS PASCAL Zwevegem | 2015 | €709,263 | €704,322 | €19,829 | €13,409 | - | 2025 |
| ARVID LEROI, GEASSOCIEERD NOTARIS Hasselt | 2015 | €581,896 | €20,460 | €15,946 | €285,794 | 0 | 2025 |
| Patrick SMETZ, Société Notariale Liège | 2015 | €845,257 | €570,499 | €14,572 | €11,117 | - | 2025 |
| Geassocieerd notaris Ilse De Brauwere Maarkedal | 2010 | €592,863 | €578,879 | €18,130 | €22,309 | - | 2025 |
| GEN2 Oudergem | 2016 | €889,506 | €153,086 | €36,895 | €72,405 | - | 2025 |
| Stijn Joye, société notariale Brussel | 2010 | €791,202 | €630,726 | €31,193 | -€17,877 | - | 2025 |
| VDIMMO Dinant | 2008 | €696,026 | €436,985 | €12,527 | -€22,669 | - | 2025 |
They were chosen from the 1,795 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Karlien Blancke |
|
| Denys Pascal |
|
The board according to the articles of association
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alone
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan”
Articles of association, deed of 21-11-2023
Owners and capital
Owners
Other provisions of the articles of association
- Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
- “Reserves,winstverdeling, algemene vergadering”Liquidation distribution: “Goederen nog in natura op dezelfde wijze verdeeld, bijkomende volstorting te eisen lastens niet voldoende volgestorte aandelen”“Bestuursbevoegdheid, behalve deze die wet of statuten aan algemene vergadering voorbehouden”“Alleen bijzondere en beperkte volmachten voor bepaalde of reeks bepaalde rechtshandelingen geoorloofd, bijzondere volmachten”“Dagelijks bestuur, bestuursorgaan”“Toelating algemene vergadering en stemrecht, rechten verbonden aan effecten mogen niet geschorst zijn”1 more provision in the deed, see the deed of 21-11-2023
Articles of association, deed of 21-11-2023 (in Dutch)
Group and network
Connections & network
2 current directorsThe network starts from the directors of DENYS PASCAL. Every other company they run is a node.
History
Acts, filings and financial milestones
21-11
Gazette deed
Registered office · Purpose · Amendment of the articles · Legal-form change · Resignations & appointmentsLegal form clause · Registered-office move · Power of attorney6 points ▸
- General meeting, 24-10-2023
- Amendment of the articles
- Legal form clause, “beslotenvennootschap, BV” (deed in Dutch)
- Registered-office move, 8552Zwevegem(Moen),DenHelder7
- Power of attorney
- Power of attorney, DIRK DECLERCQ (ondergetekende notaris)
06-03
Gazette deed
Appointment: Karlien Blancke (director)2 points ▸
- General meeting, 27-12-2022
- Director appointment, Karlien Blancke (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34028A0222/00C000 | Flanders | 2,536 m² | 1 · 341 m² | 9.3 m · 2 |
| 34042B0203/00M002 | Flanders | 586 m² | 1 · 180 m² | 10.4 m · 2 |