Skip to content

PACE CONSULTING

Active
Private limited companyfounded 2009active for 17 yearsRue La Haut 7, 1380 Lasne, BelgiumKBO/BCE: BE 0809.582.289

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 04-06-2026 PDF all 17 filings

Turnover
≈ €270,000
Estimated: probably between €230,000 and €320,000
EBIT margin
Not included in this filing
Net result
€110,714▲ 14.6%
2024 · €96,586
Working capital
€230,612▼ 37.4%
2024 · €368,426
Trend over the years

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

The operating result for 2025 is 0% higher than in 2024. It is a recovery after the fall in 2024.

Operating result€143,753 2025 Net result€110,714 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€57,618-€74,743▲ 29.7%€110,143▲ 47.4%€107,917▼ 2.0%€97,290▼ 9.8%€152,588▲ 56.8%€143,321▼ 6.1%€143,753▲ 0.3%
Net result€16,222-€52,441▲ 223%€78,464within the sector's middle half▲ 49.6%€76,788within the sector's middle half▼ 2.1%€71,918above the sector's middle half▼ 6.3%€114,981above the sector's middle half▲ 59.9%€96,586above the sector's middle half▼ 16.0%€110,714above the sector's middle half▲ 14.6%
Equity€174,634-€247,429▲ 41.7%€272,243within the sector's middle half▲ 10.0%€339,031within the sector's middle half▲ 24.5%€397,950above the sector's middle half▲ 17.4%€496,931above the sector's middle half▲ 24.9%€541,517above the sector's middle half▲ 9.0%€426,731above the sector's middle half▼ 21.2%
Total assets€280,435-€325,369▲ 16.0%€412,447within the sector's middle half▲ 26.8%€431,362within the sector's middle half▲ 4.6%€483,240within the sector's middle half▲ 12.0%€586,158above the sector's middle half▲ 21.3%€593,235above the sector's middle half▲ 1.2%€531,183above the sector's middle half▼ 10.5%
Debt€105,801-€77,940▼ 26.3%€140,204▲ 79.9%€92,331▼ 34.1%€85,290▼ 7.6%€89,227▲ 4.6%€51,718▼ 42.0%€104,452▲ 102%
Working capital€98,596-€146,393▲ 48.5%€156,058within the sector's middle half▲ 6.6%€209,583within the sector's middle half▲ 34.3%€270,375above the sector's middle half▲ 29.0%€373,419above the sector's middle half▲ 38.1%€368,426above the sector's middle half▼ 1.3%€230,612above the sector's middle half▼ 37.4%
Solvency62.3%-76.0%▲ 13.8pp66.0%within the sector's middle half▼ 10.0pp78.6%above the sector's middle half▲ 12.6pp82.4%above the sector's middle half▲ 3.8pp84.8%above the sector's middle half▲ 2.4pp91.3%above the sector's middle half▲ 6.5pp80.3%above the sector's middle half▼ 10.9pp
Current ratio2.70-4.29▲ 1.592.29within the sector's middle half▼ 2.003.36above the sector's middle half▲ 1.084.17within the sector's middle half▲ 0.815.19above the sector's middle half▲ 1.018.12above the sector's middle half▲ 2.943.21within the sector's middle half▼ 4.92
Return on assets (ROA)5.8%-16.1%▲ 10.3pp19.0%above the sector's middle half▲ 2.9pp17.8%above the sector's middle half▼ 1.2pp14.9%within the sector's middle half▼ 2.9pp19.6%within the sector's middle half▲ 4.7pp16.3%within the sector's middle half▼ 3.3pp20.8%within the sector's middle half▲ 4.6pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). 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 turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €531,183
Fixed assets €196,119 ▲ 13.3%
Current assets €335,064 ▼ 20.3%
Equity and liabilities €531,183
Equity €426,731 ▼ 21.2%
Debt €104,452 ▲ 102%
Debt's share of the balance-sheet total rises from 8.7% to 19.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€159,397▼
2024 · €159,758
Cash flow
€126,358▲
2024 · €113,023
Debt to equity
0.24▲
2024 · 0.10
ROE
25.9%▲
2024 · 17.8%
Interest coverage
over 100▲
2024 · 18.78
Debt ≤ 1 year
€104,452▲
2024 · €51,718
Income taxes
€42,614▼
2024 · €42,838
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as PACE CONSULTING: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €446,000 and €601,000, founded between 2006 and 2011.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
PACE CONSULTING Lasne2009€531,183€426,731€160,086-€110,714-2025
NATHANAIS CONSULTING S.P.R.L. Braine-l'Alleud2010€508,236€268,175€145,462€233,272€104,052-2024
A.M. CONSULTING & MANAGEMENT Nivelles2009€446,165€21,069€165,090-€127,288-2025
JISABEL Braine-le-Château2008€600,593€566,192€144,724-€77,812-2025
David Vanderoost Rixensart2011€561,242€361,779€165,081-€72,212-2025
MM MANAGEMENT Grez-Doiceau2008€486,281€314,923€135,830-€41,377-2025
ADVANCED BUSINESS CONSULTING Orp-Jauche2006€538,290€8,060€144,367--€13,9771.72025

They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 17,811 companies had the same profile as PACE CONSULTING has now. Two years later, 0.3% had gone bankrupt and 96.5% were still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.1% stopped otherwise
96.5% was still going

That fits the bankruptcy probability of PACE CONSULTING 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.

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 17,811 companies, not a prediction for PACE CONSULTING. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines

Source: Annual accounts 2025 (PDF), filed on 04-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€593,235€531,183▼
Formation expenses20€0€0=
Fixed assets21/28€173,090€196,119▲
Tangible fixed assets22/27€60,195€79,756▲
Land and buildings22€3,563€36,801▲
Plant, machinery and equipment23€1,937€1,463▼
Furniture and vehicles24€51,745€38,543▼
Other tangible fixed assets26€2,950€2,950=
Financial fixed assets28€112,895€116,363▲
Current assets29/58€420,144€335,064▼
Amounts receivable after more than one year29€50,600€0▼
Other amounts receivable291€50,600€0▼
Amounts receivable within one year40/41€30,651€33,744▲
Trade receivables40€27,200€27,200=
Other amounts receivable41€3,451€6,544▲
Current investments50/53€264,615€189,075▼
Cash at bank and in hand54/58€73,992€109,915▲
Deferred charges and accrued income490/1€286€2,330▲
Equity and liabilities
Total equity and liabilities10/49€593,235€531,183▼
Equity10/15€541,517€426,731▼
Contributions10/11€6,200€6,200=
Revaluation surpluses12€20,354€20,354=
Reserves13€514,962€400,177▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€513,102€398,317▼
Amounts payable17/49€51,718€104,452▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€51,718€104,452▲
Trade debts44€1,147€4,950▲
Suppliers440/4€1,147€4,950▲
Taxes, remuneration and social security45€50,571€27,429▼
Taxes450/3€47,771€21,764▼
Remuneration and social security454/9€2,800€5,665▲
Other amounts payable47/48€0€72,074▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,437€15,644▼
Other operating charges640/8€1,276€689▼
Gross operating margin9900€161,034€160,086▼
Operating profit (loss)9901€143,321€143,753▲
Financial income75/76B€4,608€10,835▲
Recurring financial income75€4,608€10,835▲
Financial charges65/66B€8,505€1,260▼
Recurring financial charges65€8,505€1,260▼
Profit (loss) for the period before taxes9903€139,424€153,328▲
Income taxes67/77€42,838€42,614▼
Profit (loss) for the period9904€96,586€110,714▲
Profit (loss) for the period to be appropriated9905€96,586€110,714▲
Appropriation of the result
Profit (loss) to be appropriated9906€96,586€110,714▲
Transfer from equity791/2€52,000€225,500▲
Transfer to equity691/2€96,586€110,714▲
To other reserves6921€96,586€110,714▲
Profit to be distributed694/7€52,000€225,500▲
Return on contributions (dividend)694€52,000€225,500▲

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,312€13,242€5,148€3,555€3,853€4,063€16,437€15,644▼ 4.8%
Other operating charges640/8---€756€568€880€1,276€689▼ 46.0%
Gross operating margin9900€72,570€88,712€115,633€112,229€101,711€157,531€161,034€160,086▼ 0.6%
Operating profit (loss)9901€57,618€74,743€110,143€107,917€97,290€152,588€143,321€143,753▲ 0.3%
Financial income75/76B---€18€4,841€14,726€4,608€10,835▲ 135%
Recurring financial income75€660€30€32€18€4,841€14,726€4,608€10,835▲ 135%
Financial charges65/66B---€561€294€2,202€8,505€1,260▼ 85.2%
Recurring financial charges65€1,442€1,070€854€561€294€2,202€8,505€1,260▼ 85.2%
Profit (loss) for the period before taxes9903€36,187€73,704€109,321€107,375€101,837€165,112€139,424€153,328▲ 10.0%
Income taxes67/77€19,965€21,263€30,858€30,586€29,918€50,131€42,838€42,614▼ 0.5%
Profit (loss) for the period9904€16,222€52,441€78,464€76,788€71,918€114,981€96,586€110,714▲ 14.6%
Profit (loss) for the period to be appropriated9905€16,222€52,441€78,464€76,788€71,918€114,981€96,586€110,714▲ 14.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€280,435€325,369€412,447€431,362€483,240€586,158€593,235€531,183▼ 10.5%
Formation expenses20€0€0€0€0€0€0€0€0-
Fixed assets21/28€123,846€134,459€135,160€133,155€127,574€123,512€173,090€196,119▲ 13.3%
Tangible fixed assets22/27€32,305€19,064€19,765€17,760€14,679€10,617€60,195€79,756▲ 32.5%
Land and buildings22---€13,941€10,481€7,022€3,563€36,801▲ 933%
Plant, machinery and equipment23------€1,937€1,463▼ 24.5%
Furniture and vehicles24---€870€1,248€644€51,745€38,543▼ 25.5%
Other tangible fixed assets26---€2,950€2,950€2,950€2,950€2,950=
Financial fixed assets28€91,541€115,395€115,395€115,395€112,895€112,895€112,895€116,363▲ 3.1%
Current assets29/58€156,589€190,910€277,286€298,207€355,665€462,646€420,144€335,064▼ 20.3%
Amounts receivable after more than one year29-----€100,000€50,600€0▼ 100%
Other amounts receivable291-----€100,000€50,600€0▼ 100%
Amounts receivable within one year40/41€20,095€10,907€0€15,000€73€98€30,651€33,744▲ 10.1%
Trade receivables40---€0€0€0€27,200€27,200=
Other amounts receivable41---€15,000€73€98€3,451€6,544▲ 89.6%
Current investments50/53--€65,000€65,000€118,543€98,789€264,615€189,075▼ 28.5%
Cash at bank and in hand54/58€103,343€179,858€212,125€218,051€236,888€263,625€73,992€109,915▲ 48.6%
Deferred charges and accrued income490/1---€156€162€133€286€2,330▲ 714%
Equity and liabilities
Total equity and liabilities10/49€280,435€325,369€412,447€431,362€483,240€586,158€593,235€531,183▼ 10.5%
Equity10/15€174,634€247,429€272,243€339,031€397,950€496,931€541,517€426,731▼ 21.2%
Contributions10/11€6,200€6,200€6,200€6,200€6,200€6,200€6,200€6,200=
Revaluation surpluses12---€20,354€20,354€20,354€20,354€20,354=
Reserves13€168,434€220,875€245,689€312,477€371,395€470,376€514,962€400,177▼ 22.3%
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133---€310,617€369,535€468,516€513,102€398,317▼ 22.4%
Amounts payable17/49€105,801€77,940€140,204€92,331€85,290€89,227€51,718€104,452▲ 102%
Amounts payable after more than one year17€47,053€32,835€18,387€3,707€0€0€0--
Financial debts170/4---€3,707€0€0€0--
Amounts payable within one year42/48€57,993€44,517€121,228€88,624€85,290€89,227€51,718€104,452▲ 102%
Current portion of amounts payable after more than one year42---€14,680€3,707€0---
Trade debts44€1,454€1,479€1,359€4,584€1,897€1,542€1,147€4,950▲ 331%
Suppliers440/4---€4,584€1,897€1,542€1,147€4,950▲ 331%
Taxes, remuneration and social security45---€33,657€65,033€71,500€50,571€27,429▼ 45.8%
Taxes450/3---€33,657€62,341€68,757€47,771€21,764▼ 54.4%
Remuneration and social security454/9---€0€2,692€2,743€2,800€5,665▲ 102%
Other amounts payable47/48---€35,702€14,654€16,185€0€72,074-
Accrued charges and deferred income492/3---€0-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€16,222€52,441€78,464€76,788€71,918€114,981€96,586€110,714▲ 14.6%
+ Depreciation and write-downs630€14,312€13,242€5,148€3,555€3,853€4,063€16,437€15,644▼ 4.8%
Operating cash flow (approximation)€30,534€65,682€83,612€80,343€75,771€119,044€113,023€126,358▲ 11.8%
Investment in fixed assets (approximation)--€23,854-€5,850-€1,550€1,728€0-€66,015-€38,673▲ 41.4%
Change in cash-€76,514€32,267€5,926€18,838€26,737-€189,633€35,923-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 04-06-2026 2026-00138705 PDF
31-12-2024 micro format 01-07-2025 2025-00206826 PDF
31-12-2023 micro format 23-05-2024 2024-00094680 PDF
31-12-2022 micro format 30-06-2023 2023-00178895 PDF
31-12-2021 full format 02-08-2022 2022-20260826 PDF
31-12-2020 full format 15-07-2021 2021-35700584 PDF
31-12-2019 full format 11-09-2020 2020-52500349 PDF
31-12-2018 full format 23-08-2019 2019-50300327 PDF
31-12-2017 full format 16-07-2018 2018-33800197 PDF
31-12-2016 full format 31-08-2017 2017-54500407 PDF

Show all 17 filings

Next steps