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Pascal De Witte

Active
Private limited companyfounded 2024active for 2 yearsDaknam-dorp 40, 9160 Lokeren, BelgiumKBO/BCE: BE 1013.711.861
Summary

Pascal De Witte has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,091 and a net result of €12,591. Its solvency ranks better than 66% of 2,573 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€15,091
Total assets
€23,979
Net result
€12,591
Working capital
€10,243

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €23,979
Fixed assets €4,847
Current assets €19,132
Equity and liabilities €23,979
Equity €15,091
Debt €8,888
Debt finances 37.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€17,844
Cash flow
€13,258
Current ratio
2.15
Debt to equity
0.59
ROE
83.4%
ROA
52.5%
Interest coverage
18.66
Debt ≤ 1 year
€8,888
Income taxes
€3,629

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€23,979
Fixed assets21/28€4,847
Tangible fixed assets22/27€4,847
Plant, machinery and equipment23€3,131
Furniture and vehicles24€1,716
Current assets29/58€19,132
Amounts receivable within one year40/41€16,424
Trade receivables40€16,350
Other amounts receivable41€74
Cash at bank and in hand54/58€2,094
Deferred charges and accrued income490/1€614
Equity and liabilities
Total equity and liabilities10/49€23,979
Equity10/15€15,091
Contributions10/11€2,500
Profit (loss) carried forward14€12,591
Amounts payable17/49€8,888
Amounts payable within one year42/48€8,888
Trade debts44€2,940
Suppliers440/4€2,940
Taxes, remuneration and social security45€5,218
Taxes450/3€5,218
Other amounts payable47/48€730
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€667
Other operating charges640/8€144
Gross operating margin9900€17,988
Operating profit (loss)9901€17,177
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€956
Recurring financial charges65€956
Profit (loss) for the period before taxes9903€16,220
Income taxes67/77€3,629
Profit (loss) for the period9904€12,591
Profit (loss) for the period to be appropriated9905€12,591
Appropriation of the result
Profit (loss) to be appropriated9906€12,591

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€667
Other operating charges640/8€144
Gross operating margin9900€17,988
Operating profit (loss)9901€17,177
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€956
Recurring financial charges65€956
Profit (loss) for the period before taxes9903€16,220
Income taxes67/77€3,629
Profit (loss) for the period9904€12,591
Profit (loss) for the period to be appropriated9905€12,591
Line2025
Assets
Total assets20/58€23,979
Fixed assets21/28€4,847
Tangible fixed assets22/27€4,847
Plant, machinery and equipment23€3,131
Furniture and vehicles24€1,716
Current assets29/58€19,132
Amounts receivable within one year40/41€16,424
Trade receivables40€16,350
Other amounts receivable41€74
Cash at bank and in hand54/58€2,094
Deferred charges and accrued income490/1€614
Equity and liabilities
Total equity and liabilities10/49€23,979
Equity10/15€15,091
Contributions10/11€2,500
Profit (loss) carried forward14€12,591
Amounts payable17/49€8,888
Amounts payable within one year42/48€8,888
Trade debts44€2,940
Suppliers440/4€2,940
Taxes, remuneration and social security45€5,218
Taxes450/3€5,218
Other amounts payable47/48€730
Line2025
Profit (loss) for the period9904€12,591
+ Depreciation and write-downs630€667
Operating cash flow (approximation)€13,258

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-09-2025 micro format 23-04-2026 2026-00085627

Similar companies · same sector, comparable size

Of the 11,640 active companies whose main activity is other education (NACE 85599), figures are known for 1,337. 866 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.