PASCAL DE GROOTE
ActiveSummary
PASCAL DE GROOTE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-29k) and a net result of €15k. Equity is shrinking by ~37.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+81
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.08 in 2024; short-term debt: 100.6% and cash: 0.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
-68.4%
Return on assets
36.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
27 d late
2023
31 d late
2022
1 d late
2021
45 d late
2020
5 d early
2019
19 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-29k▲ 34.8%
2024 · €-44k
2018: €12k
2019: €2k▼ -84.9% vs 2018
2020: €10k▲ +454% vs 2019
2021: €22k▲ +129% vs 2020highest in 8 years
2022: €-26k▼ -218% vs 2021
2023: €-36k▼ -37.2% vs 2022
2024: €-44k▼ -21.6% vs 2023lowest in 8 years
2025: €-29k▲ +34.8% vs 2024
2018 → 2025
Total assets
€42k▼ 56.7%
2024 · €97k
2018: €174khighest in 8 years
2019: €160k▼ -8.3% vs 2018
2020: €170k▲ +6.4% vs 2019
2021: €159k▼ -6.4% vs 2020
2022: €136k▼ -14.8% vs 2021
2023: €101k▼ -25.2% vs 2022
2024: €97k▼ -4.2% vs 2023
2025: €42k▼ -56.7% vs 2024lowest in 8 years
2018 → 2025
Net result
€15k
2024 · €-8k
2018: €-38k
2019: €-10k▲ +73.8% vs 2018
2020: €8k▲ +181% vs 2019
2021: €13k▲ +57.6% vs 2020
2022: €-49k▼ -487% vs 2021lowest in 8 years
2023: €-10k▲ +79.8% vs 2022
2024: €-8k▲ +20.2% vs 2023
2025: €15k▲ +296% vs 2024highest in 8 years
2018 → 2025
Working capital
€-41k▲ 21.2%
2024 · €-52k
2018: €-15k
2019: €-20k▼ -29.7% vs 2018
2020: €-4k▲ +80.8% vs 2019
2021: €10k▲ +369% vs 2020highest in 8 years
2022: €-38k▼ -471% vs 2021
2023: €-48k▼ -27.1% vs 2022
2024: €-52k▼ -8.0% vs 2023lowest in 8 years
2025: €-41k▲ +21.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€-26k€-36k▼ 37.2%€-44k▼ 21.6%€-29k▲ 34.8%
2021: €22khighest in 5 years
2022: €-26k▼ -218% vs 2021
2023: €-36k▼ -37.2% vs 2022
2024: €-44k▼ -21.6% vs 2023lowest in 5 years
2025: €-29k▲ +34.8% vs 2024
Operating result€17k-€-43k€-7k▲ 85.0%€-6k▲ 11.9%€16k
2021: €17khighest in 5 years
2022: €-43k▼ -352% vs 2021lowest in 5 years
2023: €-7k▲ +85.0% vs 2022
2024: €-6k▲ +11.9% vs 2023
2025: €16k▲ +383% vs 2024
Net result€13k-€-49k€-10k▲ 79.8%€-8k▲ 20.2%€15k
2021: €13k
2022: €-49k▼ -487% vs 2021lowest in 5 years
2023: €-10k▲ +79.8% vs 2022
2024: €-8k▲ +20.2% vs 2023
2025: €15k▲ +296% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €16k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€40k ▼ 56.3%
Current assets
€2k ▼ 65.6%
Key figures and ratios
EBITDA
€19k▲
2024 · €3k
Cash flow
€18k▲
2024 · €476
Solvency
-68.4%▼
2024 · -45.4%
Current ratio
0.04▼
2024 · 0.08
Debt to equity
-2.46▲
2024 · -3.20
ROA
36.4%▲
2024 · -8.1%
Interest coverage
19.47▲
2024 · 1.23
Debt
€71k▼
2024 · €141k
Debt ≤ 1 year
€42k▼
2024 · €56k
Debt > 1 year
€28k▼
2024 · €85k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€97k€42k▼
Fixed assets21/28€92k€40k▼
Tangible fixed assets22/27€89k€37k▼
Land and buildings22€89k€37k▼
Plant, machinery and equipment23€404-
Furniture and vehicles24€73€39▼
Financial fixed assets28€3k€3k=
Current assets29/58€5k€2k▼
Stocks and contracts in progress3€4k-
Stocks30/36€4k-
Amounts receivable within one year40/41-€2k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€269€77▼
Equity and liabilities
Total equity and liabilities10/49€97k€42k▼
Equity10/15€-44k€-29k▲
Contributions10/11€6k€6k=
Reserves13€18k€18k=
Non-distributable reserves130/1€720€720=
Reserves not available under the articles1311€720€720=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-68k€-53k▲
Amounts payable17/49€141k€71k▼
Amounts payable after more than one year17€85k€28k▼
Financial debts170/4€85k€28k▼
Amounts payable within one year42/48€56k€42k▼
Current portion of amounts payable after more than one year42€10k€5k▼
Trade debts44€491€467▼
Suppliers440/4€491€467▼
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€45k€35k▼
Income statement
Code20242025
Non-recurring operating income76A-€19k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€3k▼
Other operating charges640/8€281€75▼
Gross operating margin9900€3k€19k▲
Operating profit (loss)9901€-6k€16k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2k€973▼
Recurring financial charges65€2k€973▼
Profit (loss) for the period before taxes9903€-8k€15k▲
Profit (loss) for the period9904€-8k€15k▲
Profit (loss) for the period to be appropriated9905€-8k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-68k€-53k▲
Profit (loss) brought forward from the previous period14P€-61k€-68k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €17k | - | - | €19k | - |
| Remuneration, social security and pensions62 | €7k | €16k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €10k | €9k | €8k | €3k | ▼ 68.1% |
| Other operating charges640/8 | €3k | €781 | €998 | €281 | €75 | ▼ 73.4% |
| Gross operating margin9900 | €38k | €-17k | €3k | €3k | €19k | ▲ 572% |
| Operating profit (loss)9901 | €17k | €-43k | €-7k | €-6k | €16k | ▲ 383% |
| Financial income75/76B | €630 | - | €505 | - | €0 | - |
| Recurring financial income75 | €630 | - | €505 | - | €0 | - |
| Financial charges65/66B | €5k | €5k | €4k | €2k | €973 | ▼ 53.1% |
| Recurring financial charges65 | €5k | €5k | €4k | €2k | €973 | ▼ 53.1% |
| Profit (loss) for the period before taxes9903 | €13k | €-49k | €-10k | €-8k | €15k | ▲ 296% |
| Profit (loss) for the period9904 | €13k | €-49k | €-10k | €-8k | €15k | ▲ 296% |
| Profit (loss) for the period to be appropriated9905 | €13k | €-49k | €-10k | €-8k | €15k | ▲ 296% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €159k | €136k | €101k | €97k | €42k | ▼ 56.7% |
| Fixed assets21/28 | €120k | €110k | €101k | €92k | €40k | ▼ 56.3% |
| Tangible fixed assets22/27 | €116k | €106k | €97k | €89k | €37k | ▼ 58.4% |
| Land and buildings22 | €102k | €98k | €93k | €89k | €37k | ▼ 58.3% |
| Plant, machinery and equipment23 | €14k | €8k | €4k | €404 | - | - |
| Furniture and vehicles24 | €610 | €155 | €114 | €73 | €39 | ▼ 46.8% |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €39k | €26k | €599 | €5k | €2k | ▼ 65.6% |
| Stocks and contracts in progress3 | €4k | - | - | €4k | - | - |
| Stocks30/36 | €4k | - | - | €4k | - | - |
| Amounts receivable within one year40/41 | €29k | €24k | €316 | - | €2k | - |
| Trade receivables40 | €24k | €21k | - | - | - | - |
| Other amounts receivable41 | €5k | €3k | €316 | - | €2k | - |
| Cash at bank and in hand54/58 | €6k | €2k | €2 | €269 | €77 | ▼ 71.6% |
| Deferred charges and accrued income490/1 | €830 | - | €281 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €159k | €136k | €101k | €97k | €42k | ▼ 56.7% |
| Equity10/15 | €22k | €-26k | €-36k | €-44k | €-29k | ▲ 34.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €18k | €18k | €18k | €18k | €18k | = |
| Non-distributable reserves130/1 | €720 | €720 | €720 | €720 | €720 | = |
| Reserves not available under the articles1311 | €720 | €720 | €720 | €720 | €720 | = |
| Distributable reserves133 | €17k | €17k | €17k | €17k | €17k | = |
| Profit (loss) carried forward14 | €-2k | €-51k | €-61k | €-68k | €-53k | ▲ 22.4% |
| Amounts payable17/49 | €137k | €162k | €138k | €141k | €71k | ▼ 49.9% |
| Amounts payable after more than one year17 | €108k | €99k | €89k | €85k | €28k | ▼ 66.4% |
| Financial debts170/4 | €108k | €99k | €89k | €85k | €28k | ▼ 66.4% |
| Amounts payable within one year42/48 | €29k | €63k | €48k | €56k | €42k | ▼ 24.9% |
| Current portion of amounts payable after more than one year42 | €9k | €9k | €9k | €10k | €5k | ▼ 50.2% |
| Trade debts44 | €2k | €19k | €2k | €491 | €467 | ▼ 4.9% |
| Suppliers440/4 | €2k | €19k | €2k | €491 | €467 | ▼ 4.9% |
| Advances received on contracts in progress46 | €1k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €4k | €9k | €5k | - | €2k | - |
| Taxes450/3 | €3k | €4k | €1k | - | €2k | - |
| Remuneration and social security454/9 | €572 | €5k | €4k | - | - | - |
| Other amounts payable47/48 | €14k | €27k | €32k | €45k | €35k | ▼ 23.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €-49k | €-10k | €-8k | €15k | ▲ 296% |
| + Depreciation and write-downs630 | €10k | €10k | €9k | €8k | €3k | ▼ 68.1% |
| Operating cash flow (approximation) | €23k | €-39k | €-878 | €476 | €18k | ▲ 3,676% |
| Investment in fixed assets (approximation) | - | €0 | €50 | €0 | €49k | - |
| Change in cash | - | €-4k | €-2k | €267 | €-193 | ▼ 172% |
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
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Back to profitnet €15k
Net result €15k after 3 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-12
Financial
Weakest financial yearnet €-49k
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 45 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are 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, Charleroi
Ground area
23 m²
Building footprint
31 m²
Volume, LiDAR
212 m³
Parcel 52045A0224/00M000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52045A0224/00M000 | Wallonia | 23 m² | 1 · 31 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 20,018 companies in sector 43320 we hold annual accounts for 9,132. 6,318 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded18-03-2004
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.