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PACE

Active Private limited companyfounded 2008active for 18 yearsGrand'Place 11, 1480 TubizeKBO/BCE: BE 0895.415.116

Lifetime

18 annual accounts with figures on one time axis
peak €25,096 (2012)
€5,251▼ 67.7%
lowest -€19,659 (2011)
-€447▼ €11,402
peak €21,976 (2009)
€16,482▼ 2.6%
€19,766▲ 20.7%
Board3 names since 2008
2 directors and 1 other
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Gross margin from €16,268 to €5,251Loss of €447Debts from €16,372 to €19,766Cash from €982 to €587

Key points

from the 2025 annual accounts

Turnover

≈ €59,000 estimated

The micro format states no turnover.

Filings

18 annual accounts since 2008
AprilJune31 JulyOctober2010201520202025

Five of the last ten came late. The 2020 accounts came latest: 88 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as PACE has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 6,908 companies, not a prediction for PACE. 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

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

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0895415116
Company renamed to PACE Capital decrease of €6,200 · New name: PACE · Resignation: (manager) · Gazette deed
Registered office moved from Zellik to Tubize New registered office: Grand-Place 11, 1480 Tubize · Previous registered office: Plattanlaan 1, 1731 Zellik · General meeting of 02-10-2023 · Gazette deed
Incorporation published on 12-02-2008 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
PACE Tubize €36,248 €5,251 45.5% -
TASTE AND SEA Dendermonde €39,322 €5,404 18.8% -
Energy Snack Anhée €39,267 €5,418 -570.6% -
xaju Waterloo €47,751 €3,816 98.8% -
DIDAL Berchem-Sainte-Agathe €31,034 €4,397 51.5% -
Mesopotamie express Brussels €37,648 €5,994 55.7% -
MARTINEZ GEMA Beauraing €39,522 €5,915 72.0% -

These companies have the same main activity as PACE: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €31,000 and €47,800, founded between 2004 and 2011.

Official details

Source: KBO
Status
Active since 01-02-2008Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112and 3 others
Establishment unit
2.168.341.1661480 Tubize, since 29-01-2008
Financial year end
31 December
Peppol
Reachable since 28-07-2026
Company details

Annual accounts 2025

€36,248▲ 8.9%
Filing
Filed on 22-06-2026, 39 days before the end of the filing period
Financials

Insights on PACE

PACE files the micro format. That format states no turnover. The gross margin fell from €24,204 in 2008 to €5,251 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 PACE

What is the company number of PACE?
The company number of PACE is 0895.415.116. The VAT number is the same number with BE in front: BE 0895.415.116.
Where is PACE based?
The registered office is at Grand'Place 11, 1480 Tubize.Company details
What does PACE do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of PACE?
PACE is a private limited company (BV).
When was PACE founded?
PACE was founded on 01-02-2008.
Is PACE still active?
Yes, PACE is an active enterprise in the KBO register.
What is the turnover of PACE?
The turnover in financial year 2025 is ≈ €59,000. This figure is estimated from the gross margin of €5,251 and 133 comparable companies (NACE 56112). It probably lies between €37,000 and €99,000. It is a rough estimate. In financial year 2023 turnover was €1,171.Financials
Is PACE profitable?
In financial year 2025, PACE made a loss of €447.
Where can I find the annual accounts of PACE?
PACE filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PACE due?
PACE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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