PASCA
ActiveSummary
PASCA has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€54,478) and a net result of -€811. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 5% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
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Signals
This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €648 | - | - | - | - | - |
| Other operating charges640/8 | - | €42 | - | €49 | €49 | = |
| Gross operating margin9900 | -€648 | -€549 | -€483 | -€593 | -€724 | ▼ 22.0% |
| Operating profit (loss)9901 | -€648 | -€591 | -€483 | -€642 | -€772 | ▼ 20.3% |
| Financial charges65/66B | €35 | €38 | €40 | €38 | €38 | = |
| Recurring financial charges65 | €35 | €38 | €40 | €38 | €38 | = |
| Profit (loss) for the period before taxes9903 | -€683 | -€629 | -€523 | -€680 | -€811 | ▼ 19.2% |
| Profit (loss) for the period9904 | -€683 | -€629 | -€523 | -€680 | -€811 | ▼ 19.2% |
| Profit (loss) for the period to be appropriated9905 | -€683 | -€629 | -€523 | -€680 | -€811 | ▼ 19.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1,354 | €725 | €202 | €72 | €60 | ▼ 16.6% |
| Current assets29/58 | €1,354 | €725 | €202 | €72 | €60 | ▼ 16.6% |
| Cash at bank and in hand54/58 | €1,354 | €725 | €202 | €72 | €60 | ▼ 16.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1,354 | €725 | €202 | €72 | €60 | ▼ 16.6% |
| Equity10/15 | -€51,835 | -€52,464 | -€52,987 | -€53,667 | -€54,478 | ▼ 1.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€70,427 | -€71,056 | -€71,579 | -€72,259 | -€73,070 | ▼ 1.1% |
| Amounts payable17/49 | €53,189 | €53,189 | €53,189 | €53,739 | €54,538 | ▲ 1.5% |
| Amounts payable within one year42/48 | €53,189 | €53,189 | €53,189 | €53,739 | €54,538 | ▲ 1.5% |
| Other amounts payable47/48 | €53,189 | €53,189 | €53,189 | €53,739 | €54,538 | ▲ 1.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€683 | -€629 | -€523 | -€680 | -€811 | ▼ 19.2% |
| Operating cash flow (approximation) | -€683 | -€629 | -€523 | -€680 | -€811 | ▼ 19.2% |
| Change in cash | - | -€629 | -€523 | -€130 | -€12 | ▲ 90.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25095A0078/00C000 | Wallonia | 1,304 m² | 1 · 145 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.