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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 2,589 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other education
NACE 85599
1 site
Size
€23,979total assets 2025
Equity
€15,091
Profit
€12,591
Turnover not published (micro format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 7 days early
Why 92raises riskFounded in 2024lowers riskSector: Education (NACE 85)Figures for financial year 2025 (filed 23-04-2026)Size: total assets €23,979Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 85, micro)
Financial strength
Strong
Solvency 88
equity 62.9% of total assets
Liquidity 44
short-term debt 37.1% · cash 8.7%
Profitability 100
return on assets 52.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,813 companies, NACE 85, micro)
Last 24 months 10-2025: 0.4% 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.1 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.15, above the usual 1.5; short-term debt: 37.1% and cash: 8.7% of total assets), and 37.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro): better than 65% on solvency, 25% on liquidity and 90% on profitability.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 23-04-2026)
NBB · annual accounts
lowers risk · Size: total assets €23,979
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
7 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: DE WITTE Pascal Godfried…

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 497,475 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% 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%

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 11,653 active companies whose main activity is other education (NACE 85599), figures are known for 1,354. 882 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.

Directors

Directors
1 director, no change since 2024
DE WITTE Pascal Godfried Anna
Director · since 20-09-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DE WITTE Pascal Godfried Anna
  • Director, from 20-09-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 20-09-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 20-09-2024 Incorporation · €2,500 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Pascal De Witte was incorporated on 18 September 2024 as a private limited company by one natural person, with a starting capital of €2,500.12 Since 2024, DE WITTE Pascal Godfried Anna has served as director of the company.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-09-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
23-04
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
20-09
Gazette deed Incorporation
Appointment: DE WITTE Pascal Godfried Anna (director) · Founder · Founding capital9 facts ▸
  • Incorporation, “Pascal De Witte” (deed in Dutch)
  • Founder, DE WITTE Pascal Godfried Anna
  • Founding capital, €2,500
  • Other provision, 14-09-2024
  • Share issue, 100, “gelijk recht in winstverdeling en vereffeningsaldo” (deed in Dutch)
  • Registered office clause, “9160 Lokeren, Daknam-dorp 40” (deed in Dutch)
  • Board rule, 1
  • Director appointment, DE WITTE Pascal Godfried Anna (director)
  • Pre-incorporation commitments, Pascal De Witte
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded18-09-2024
Financial year end30-09
Activities, NACEBEL 2025
85599Other education
90201Performing arts by independent artists
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013711861
Registered 13-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1,102 m²
Building footprint
136 m²
Building volume
504 m³
Parcel 46004A0420/00H002, Flanders · tallest building 10.7 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Pascal De Witte
Daknam-dorp 40, 9160 LokerenOther education
since 2024unit no. 2.364.961.651
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
46004A0420/00H002 Flanders 1,102 m² 1 · 136 m² 10.7 m
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Geven van self-defense opleiding; Beoefening van uitvoerende kunsten als artiest of acteur (theater en televisie); Verlenen van diensten –…” (deed in Dutch)
21 activities (deed in Dutch)
  1. Geven van self-defense opleiding;
  2. Beoefening van uitvoerende kunsten als artiest of acteur (theater en televisie);
  3. Verlenen van diensten – in de ruimste betekenis – op het gebied van cultuur en amusement, alsmede het verwerven van eigendomsrechten op creaties, bewerkingen, vertalingen enz.;
  4. Produceren, creëren, inrichten van festiviteiten, zowel in de culturele als de animatiesector;
  5. Zelfstandig werkend sportbeoefenaar;
  6. Geven van diverse opleidingen in de ruimste zin van het woord;
  7. Optreden als agent, commissionair of als tussenpersoon in de handel of diensten;
  8. Het ontwikkelen van managementprojecten en diensten in alle industriële, commerciële en dienstensectoren, het verschaffen, zowel aan natuurlijke personen als aan vennootschappen van alle prestaties, diensten en adviezen inzake management, het uitvoeren en waarnemen van managementactiviteiten in de ruimste zin van het woord met inbegrip van het waarnemen van bestuurdersmandaten;
  9. Het ontwikkelen, kopen, verkopen, beheren, in waarde stellen, in licentie nemen of geven van brevetten, knowhow, octrooien en andere intellectuele rechten;
  10. Het ontwikkelen, kopen, verkopen, beheren, in waarde stellen van diverse producten als dealer of op basis van commissie;
  11. Managementconsultant in de ruimste zin van het woord;
  12. Beheer van een eigen roerend en onroerend vermogen, dit als bijkomend voorwerp
  13. Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen.
  14. Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aan - en verkoop, huur en verhuur van roerende goederen, het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen.
  15. Alsmode alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, almede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
  16. Het verwerven, het vervreemden, het ruilen, het voor eigen rekening laten bouwen, herbouwen, afbreken, veranderen, het uitbaten en verhuren van alle gebouwde of onbebouwde eigendommen; het productief maken en verkavelen van alle daarbij horende volledige uitrusting; en in het algemeen alle onroerende verhandelingen, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden of in samenwerking met deze;
  17. De vennootschap mag alle verrichtingen stellen van commerciële, industriële, onroerende, roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen;
  18. De vennootschap mag betrokken zijn bij wijze van inbreng, samensmelting, inschrijving of op elke andere wijze, in de ondernemingen, verenigingen of vennootschappen, die een gelijkaardig, soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp;
  19. Bovenvermelde opsomming is niet beperkend, zodat de vennootschap alle handelingen kan stellen, die op welke wijze ook kunnen bijdragen tot de verwezenlijking van het geheel of een gedeelte van haar voorwerp;
  20. De vennootschap mag haar voorwerp verwezenlijken zowel en België als in het buitenland, op alle wijzen en manieren, die zij het best geschikt zou achten;
  21. De vennootschap kan in het kader van haar voorwerp optreden in financieringsverrichtingen onder om het even welke vorm, met inbegrip van het intekenen en het verhandelen van aandelen, obligaties, kasbons en andere roerende waarden, het toestaan van leningen in rekening-courant, zelfs aan particulieren, zij kan kredieten verlenen of doen verlenen, voorschotten toestaan, zich borg stellen of haar aval verlenen, hypothecaire en andere zekerheden verstrekken of persoonlijke en zakelijke waarborgen doen verstrekken, zij kan zich bezighouden met het aankopen, verkopen, ruilen, het verhuren of in huur nemen van om het even welke roerende of onroerende goederen, handelseffecten in disconto nemen, en in het algemeen alle handels –en financiële operaties verrichten, in de meest ruime zin, behalve die welke wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Pascal De Witte
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 20-09-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, 1” (deed in Dutch)

deed of 20-09-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Nietigheid, bestuursorgaan” (deed in Dutch)

deed of 20-09-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Friday of March at 20:00

deed of 20-09-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

deed of 20-09-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Stortingsplicht, bestuurder” (deed in Dutch)
Other provision: “Bevoegdheden bestuursorgaan, wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Other provision: “Toegang algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering” (deed in Dutch)
Liquidation distribution: “Netto actief onder alle aandeelhouders naar verhouding aantal aandelen en goederen in natura opzelfde wijze” (deed in Dutch)
3 more provisions in the deed, see the deed of 20-09-2024

deed of 20-09-2024