GILBERT PASCAL
ActiveThe annual accounts of GILBERT PASCAL for fiscal year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €6k and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 27787 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency47▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.28 against 0.71 in 2024; short-term debt: 78.2% and cash: 100% of total assets), and 78.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.8%
Return on assets
-44.4%
Age of the figures
11 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-12k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 27787 sector peers (2025).
NBB · sector comparisonPosition among 27787 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 28-04-2026, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
33 d early
2024
33 d early
2023
32 d early
2022
33 d early
2021
32 d early
2020
27 d early
2019
22 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 67.0%
2024 · €18k
2018: €26k
2019: €21k
2020: €27k
2021: €43k
2022: €48k
2023: €41k
2024: €18k
2018 → 2025
Total assets
€28k▼ 63.1%
2024 · €75k
2018: €80k
2019: €65k
2020: €68k
2021: €77k
2022: €99k
2023: €61k
2024: €75k
2018 → 2025
Net result
€-12k▲ 45.7%
2024 · €-23k
2018: €-31k
2019: €-5k
2020: €7k
2021: €16k
2022: €5k
2023: €-7k
2024: €-23k
2018 → 2025
Working capital
€6k
2024 · €-10k
2018: €14k
2019: €11k
2020: €19k
2021: €28k
2022: €23k
2023: €33k
2024: €-10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€48k▲ 10.9%€41k▼ 14.0%€18k▼ 55.2%€6k▼ 67.0%
Operating result€17k-€5k▼ 67.8%€-6k€-22k▼ 253%€-11k▲ 51.3%
Net result€16k-€5k▼ 70.4%€-7k€-23k▼ 239%€-12k▲ 45.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €22k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €28k
Equity
€6k▼ 67.0%
Debt
€22k▼ 61.8%
The debt ratio rises from 75.5% to 78.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▲
2024 · €-12k
Cash flow
€-12k▲
2024 · €-13k
Solvency
21.8%▼
2024 · 24.5%
Current ratio
1.28▲
2024 · 0.71
Quick ratio
1.28▲
2024 · 0.42
Debt / equity
3.58▲
2024 · 3.09
ROE
-203.5%▼
2024 · -123.4%
ROA
-44.4%▼
2024 · -30.2%
Interest coverage
-6.12▲
2024 · -13.38
Debt
€22k▼
2024 · €57k
Debt ≤ 1 year
€22k▼
2024 · €35k
Income taxes
€0▲
2024 · €0
Staff costs
€633▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€75k€28k▼
Fixed assets21/28€51k-
Tangible fixed assets22/27€51k-
Plant, machinery and equipment23€249-
Furniture and vehicles24€51k-
Current assets29/58€25k€28k▲
Stocks and contracts in progress3€10k-
Stocks30/36€1k-
Contracts in progress37€9k-
Amounts receivable within one year40/41€4k€8▼
Trade receivables40€2k-
Other amounts receivable41€2k€8▼
Cash at bank and in hand54/58€9k€28k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€75k€28k▼
Equity10/15€18k€6k▼
Contributions10/11€19k€19k=
Reserves13€84k€84k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€79k€79k=
Profit (loss) carried forward14€-84k€-96k▼
Amounts payable17/49€57k€22k▼
Amounts payable after more than one year17€22k-
Financial debts170/4€22k-
Amounts payable within one year42/48€35k€22k▼
Current portion of amounts payable after more than one year42€9k€2k▼
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€2k€10k▲
Taxes450/3-€4k
Remuneration and social security454/9€2k€6k▲
Other amounts payable47/48€20k€4k▼
Income statement
Code20242025
Non-recurring operating income76A-€15k
Remuneration, social security and pensions62€1k€633▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€249▼
Other operating charges640/8€235€1k▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€-10k€-4k▲
Operating profit (loss)9901€-22k€-11k▲
Financial income75/76B€29€6▼
Recurring financial income75€29€6▼
Financial charges65/66B€875€2k▲
Recurring financial charges65€875€2k▲
Profit (loss) for the period before taxes9903€-23k€-12k▲
Income taxes67/77€0€0▲
Profit (loss) for the period9904€-23k€-12k▲
Profit (loss) for the period to be appropriated9905€-23k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-84k€-96k▼
Profit (loss) brought forward from the previous period14P€-61k€-84k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-10
Financial
Highest result since 2018net €16k ▲138%
Operating result €17k, net result €16k, both a record.
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-10
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 22 days late
2019
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Weidestraat 988310 BruggeGround area
196 m²
Building footprint
83 m²
Volume, LiDAR
336 m³
Parcel 31434C0014/00L002, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Weidestraat 98, 8310 Brugge
since 20022.114.324.638
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31434C0014/00L002 | Flanders | 196 m² | 1 · 83 m² | 8.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 689 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2002
Fiscal year end31-10
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.