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PABRUCO

Active Private limited companyfounded 2003active for 23 yearsSteenweg op Deinze 53, 9880 AalterKBO/BCE: BE 0480.145.545

Lifetime

18 annual accounts with figures on one time axis, 21 filings since 2003
peak €90,266 (2013)
€75,462▼ 8.0%
lowest -€3,995 (2022)
€9,851▲ 151%
peak €323,675 (2025)
€323,675▲ 3.1%
€527,655▼ 0.6%
Board2 names since 2023
2 directorsBRUYNOGHE Sabine and 1 other
Documentsfilings and deeds
22-09-202653 days late
2025micro format
Result from €3,924 to €9,851Cash from €23,391 to €45,183

Key points

from the 2025 annual accounts

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Filings

21 annual accounts since 2003
AprilJune31 JulyOctober20102020

Seven of the last ten came late. The 2024 accounts came latest: 60 days after the end of the period.

Position in the sector

€323,675

More equity than 82% of companies in head offices and management consultancy. Sector median €78,216 · 39,396 companies.

Checked score

88
Excellent
Financially stronger than 35% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.2%▲ +0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.5 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%▼ -0.2 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Average

63+1equity 38.0% of total assets
47+2short-term debt 24.7% · cash 5.3%
65+26return on assets 1.2%

Score breakdown

raises risk
Last filed accounts filed 53 days late; 2 of the last 3 accounts late
lowers risk
Size: total assets €851,330
Sector: Activities of head offices; management consultancy activities (NACE 70)
Founded in 2003
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 70, micro). It does better than 36% of them on solvency, 28% on liquidity, 29% on profitability and 48% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as PABRUCO has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of PABRUCO itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 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 14,766 companies, not a prediction for PABRUCO. 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.

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.92 (0.79 in 2024), below 1. Short-term debt is 24.7% and cash 5.3% of total assets. 62% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 53 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €851,330
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 53 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
53 days late
2024
60 days late
2023
30 days late
2022
24 days late
2021
58 days late
2020
4 days late
2018
6 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BS
Director
PF
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0480145545
2 directors appointed, 2 resignations Resignations: PAUWELS Frank and BRUYNOGHE Sabine · Appointments: PAUWELS Frank and BRUYNOGHE Sabine · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 27-10-2023 · Gazette deed
Incorporation published on 13-05-2003 · Gazette deed
First establishment Steenweg op Deinze 53, Aalter
All 31 events

Comparable companies

same main activity, similar in size and age
Company
PABRUCO Aalter €851,330 €75,462 38.0% -
BAUWENS CONSULTING & PARTNERS Maldegem €984,630 €74,134 82.6% -
VANDERPIJPEN - VANTIEGHEM Aalst €949,820 €67,411 52.2% -
CORHENCO Beveren-Kruibeke-Zwijndrecht €946,731 €66,996 57.9% -
PI-WI Projects Deinze €717,804 €74,196 28.7% -
VICI Consulting Oosterzele €742,527 €88,215 46.6% -
NEW MOTORECO BEHEER Waasmunster €674,489 €71,089 88.1% 1.6

These companies have the same main activity as PABRUCO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €674,000 and €985,000, founded between 2002 and 2004.

Official details

Source: KBO
Status
Active since 05-05-2003Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.132.554.9959880 Aalter, since 05-05-2003
Financial year end
31 December
Peppol
Reachable since 05-12-2025
Company details

Annual accounts 2025

€851,330▲ 0.8%
Filing
Filed on 22-09-2026
Financials

Insights on PABRUCO

PABRUCO files the micro format. That format states no turnover. The gross margin rose from €56,145 in 2007 to €75,462 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PABRUCO

What is the company number of PABRUCO?
The company number of PABRUCO is 0480.145.545. The VAT number is the same number with BE in front: BE 0480.145.545.
Where is PABRUCO based?
The registered office is at Steenweg op Deinze 53, 9880 Aalter.Company details
What does PABRUCO do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of PABRUCO?
PABRUCO is a private limited company (BV).
When was PABRUCO founded?
PABRUCO was founded on 05-05-2003.
Is PABRUCO still active?
Yes, PABRUCO is an active enterprise in the KBO register.
What is the turnover of PABRUCO?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €75,462 and 120 comparable companies (NACE 70200). It probably lies between €120,000 and €200,000.Financials
Is PABRUCO profitable?
In financial year 2025, PABRUCO made a profit of €9,851.
Where can I find the annual accounts of PABRUCO?
PABRUCO filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PABRUCO due?
PABRUCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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