PASCAL GALLANT
ActiveSummary
PASCAL GALLANT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €886k and a net result of €18k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.43 in 2024; short-term debt: 17% and cash: 6.5% of total assets), and 17% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83%
Return on assets
1.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
30 d late
2023
44 d early
2022
32 d early
2021
31 d early
2020
33 d early
2019
37 d early
← 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, abbreviated schema
Equity
€886k▲ 2.0%
2024 · €869k
2018: €581klowest in 8 years
2019: €608k▲ +4.7% vs 2018
2020: €670k▲ +10.2% vs 2019
2021: €720k▲ +7.5% vs 2020
2022: €770k▲ +6.9% vs 2021
2023: €822k▲ +6.7% vs 2022
2024: €869k▲ +5.6% vs 2023
2025: €886k▲ +2.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.07M▼ 1.4%
2024 · €1.08M
2018: €631klowest in 8 years
2019: €822k▲ +30.2% vs 2018
2020: €1.05M▲ +27.5% vs 2019
2021: €1.30M▲ +24.3% vs 2020highest in 8 years
2022: €1.26M▼ -3.6% vs 2021
2023: €1.21M▼ -3.8% vs 2022
2024: €1.08M▼ -10.4% vs 2023
2025: €1.07M▼ -1.4% vs 2024
2018 → 2025
Net result
€18k▼ 62.1%
2024 · €46k
2018: €53k
2019: €27k▼ -48.3% vs 2018
2020: €62k▲ +129% vs 2019highest in 8 years
2021: €50k▼ -19.5% vs 2020
2022: €50k▼ -0.2% vs 2021
2023: €52k▲ +3.9% vs 2022
2024: €46k▼ -10.8% vs 2023
2025: €18k▼ -62.1% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-85k▲ 30.3%
2024 · €-121k
2018: €190k
2019: €218k▲ +14.6% vs 2018
2020: €244k▲ +12.1% vs 2019highest in 8 years
2021: €180k▼ -26.1% vs 2020
2022: €139k▼ -23.1% vs 2021
2023: €-154k▼ -211% vs 2022lowest in 8 years
2024: €-121k▲ +21.2% vs 2023
2025: €-85k▲ +30.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€720k-€770k▲ 6.9%€822k▲ 6.7%€869k▲ 5.6%€886k▲ 2.0%
2021: €720klowest in 5 years
2022: €770k▲ +6.9% vs 2021
2023: €822k▲ +6.7% vs 2022
2024: €869k▲ +5.6% vs 2023
2025: €886k▲ +2.0% vs 2024highest in 5 years
Operating result€78k-€84k▲ 7.7%€87k▲ 3.2%€65k▼ 25.7%€24k▼ 63.5%
2021: €78k
2022: €84k▲ +7.7% vs 2021
2023: €87k▲ +3.2% vs 2022highest in 5 years
2024: €65k▼ -25.7% vs 2023
2025: €24k▼ -63.5% vs 2024lowest in 5 years
Net result€50k-€50k▼ 0.2%€52k▲ 3.9%€46k▼ 10.8%€18k▼ 62.1%
2021: €50k
2022: €50k▼ -0.2% vs 2021
2023: €52k▲ +3.9% vs 2022highest in 5 years
2024: €46k▼ -10.8% vs 2023
2025: €18k▼ -62.1% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 63% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.07M
Fixed assets
€971k ▼ 1.9%
Current assets
€97k ▲ 4.4%
Equity and liabilities €1.07M
Equity
€886k ▲ 2.0%
Debt
€181k ▼ 15.3%
Debt's share of the balance-sheet total falls from 19.8% to 17.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▼
2024 · €119k
Cash flow
€56k▼
2024 · €100k
Current ratio
0.53▲
2024 · 0.43
Debt to equity
0.20▼
2024 · 0.25
ROE
2.0%▼
2024 · 5.3%
ROA
1.6%▼
2024 · 4.3%
Interest coverage
56.49▼
2024 · 114.85
Debt ≤ 1 year
€181k▼
2024 · €214k
Income taxes
€5k▼
2024 · €17k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.08M€1.07M▼
Fixed assets21/28€990k€971k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€990k€971k▼
Land and buildings22€825k€837k▲
Plant, machinery and equipment23€1k€431▼
Furniture and vehicles24€163k€133k▼
Financial fixed assets28€156€156=
Current assets29/58€92k€97k▲
Stocks and contracts in progress3€18k-
Stocks30/36€18k-
Amounts receivable within one year40/41€11k€27k▲
Trade receivables40€11k€27k▲
Other amounts receivable41-€11
Cash at bank and in hand54/58€64k€70k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.07M▼
Equity10/15€869k€886k▲
Contributions10/11€25k€25k=
Reserves13€833k€833k=
Distributable reserves133€833k€833k=
Profit (loss) carried forward14€10k€28k▲
Amounts payable17/49€214k€181k▼
Amounts payable within one year42/48€214k€181k▼
Trade debts44€4k€737▼
Suppliers440/4€4k€737▼
Taxes, remuneration and social security45€7k€13k▲
Taxes450/3€7k€13k▲
Other amounts payable47/48€203k€167k▼
Income statement
Code20242025
Non-recurring operating income76A-€19k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€38k▼
Other operating charges640/8€12k€10k▼
Non-recurring operating charges66A-€6k
Gross operating margin9900€131k€77k▼
Operating profit (loss)9901€65k€24k▼
Financial income75/76B€151-
Recurring financial income75€151-
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€64k€23k▼
Income taxes67/77€17k€5k▼
Profit (loss) for the period9904€46k€18k▼
Profit (loss) for the period to be appropriated9905€46k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€28k▼
Profit (loss) brought forward from the previous period14P€9k€10k▲
Transfer to equity691/2€45k-
To other reserves6921€45k-
The notes to these accounts (11 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 | - | - | - | - | €19k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €90k | €64k | €47k | €54k | €38k | ▼ 29.4% |
| Other operating charges640/8 | €10k | €11k | €12k | €12k | €10k | ▼ 20.5% |
| Non-recurring operating charges66A | €190 | €115 | €0 | - | €6k | - |
| Gross operating margin9900 | €178k | €159k | €146k | €131k | €77k | ▼ 41.1% |
| Operating profit (loss)9901 | €78k | €84k | €87k | €65k | €24k | ▼ 63.5% |
| Financial income75/76B | €4k | €1k | €714 | €151 | - | - |
| Recurring financial income75 | €4k | €1k | €714 | €151 | - | - |
| Financial charges65/66B | €10k | €11k | €11k | €1k | €1k | ▲ 5.8% |
| Recurring financial charges65 | €10k | €11k | €11k | €1k | €1k | ▲ 5.8% |
| Profit (loss) for the period before taxes9903 | €72k | €74k | €77k | €64k | €23k | ▼ 64.7% |
| Income taxes67/77 | €22k | €24k | €25k | €17k | €5k | ▼ 71.6% |
| Profit (loss) for the period9904 | €50k | €50k | €52k | €46k | €18k | ▼ 62.1% |
| Transfer from tax-exempt reserves789 | €15k | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €66k | €50k | €52k | €46k | €18k | ▼ 62.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.30M | €1.26M | €1.21M | €1.08M | €1.07M | ▼ 1.4% |
| Fixed assets21/28 | €1.03M | €1.04M | €979k | €990k | €971k | ▼ 1.9% |
| Intangible fixed assets21 | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €1.03M | €1.04M | €979k | €990k | €971k | ▼ 1.9% |
| Land and buildings22 | €945k | €886k | €809k | €825k | €837k | ▲ 1.4% |
| Plant, machinery and equipment23 | €0 | - | - | €1k | €431 | ▼ 65.0% |
| Furniture and vehicles24 | €84k | €149k | €170k | €163k | €133k | ▼ 18.4% |
| Financial fixed assets28 | - | - | - | €156 | €156 | = |
| Current assets29/58 | €274k | €220k | €229k | €92k | €97k | ▲ 4.4% |
| Stocks and contracts in progress3 | €83k | €64k | €76k | €18k | - | - |
| Stocks30/36 | €83k | €64k | €76k | €18k | - | - |
| Amounts receivable within one year40/41 | €127k | €133k | €145k | €11k | €27k | ▲ 142% |
| Trade receivables40 | €108k | €133k | €145k | €11k | €27k | ▲ 142% |
| Other amounts receivable41 | €20k | €0 | - | - | €11 | - |
| Cash at bank and in hand54/58 | €64k | €23k | €8k | €64k | €70k | ▲ 9.4% |
| Deferred charges and accrued income490/1 | €0 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.30M | €1.26M | €1.21M | €1.08M | €1.07M | ▼ 1.4% |
| Equity10/15 | €720k | €770k | €822k | €869k | €886k | ▲ 2.0% |
| Contributions10/11 | €25k | €25k | €25k | €25k | €25k | = |
| Reserves13 | €688k | €737k | €788k | €833k | €833k | = |
| Non-distributable reserves130/1 | €3k | €3k | €0 | - | - | - |
| Reserves not available under the articles1311 | €3k | €3k | €0 | - | - | - |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €686k | €735k | €788k | €833k | €833k | = |
| Profit (loss) carried forward14 | €7k | €8k | €9k | €10k | €28k | ▲ 170% |
| Amounts payable17/49 | €582k | €485k | €386k | €214k | €181k | ▼ 15.3% |
| Amounts payable after more than one year17 | €485k | €400k | €0 | - | - | - |
| Financial debts170/4 | €485k | €400k | €0 | - | - | - |
| Amounts payable within one year42/48 | €94k | €81k | €383k | €214k | €181k | ▼ 15.3% |
| Trade debts44 | €62k | €43k | €63k | €4k | €737 | ▼ 82.5% |
| Suppliers440/4 | €62k | €43k | €63k | €4k | €737 | ▼ 82.5% |
| Taxes, remuneration and social security45 | €26k | €32k | €43k | €7k | €13k | ▲ 91.2% |
| Taxes450/3 | €26k | €32k | €43k | €7k | €13k | ▲ 91.2% |
| Other amounts payable47/48 | €6k | €6k | €277k | €203k | €167k | ▼ 17.5% |
| Accrued charges and deferred income492/3 | €3k | €4k | €2k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €50k | €52k | €46k | €18k | ▼ 62.1% |
| + Depreciation and write-downs630 | €90k | €64k | €47k | €54k | €38k | ▼ 29.4% |
| Operating cash flow (approximation) | €140k | €114k | €99k | €100k | €56k | ▼ 44.5% |
| Investment in fixed assets (approximation) | - | €-71k | €10k | €-65k | €-19k | ▲ 70.9% |
| Change in cash | - | €-42k | €-15k | €56k | €6k | ▼ 89.4% |
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
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €18k ▼62.1%
Net result drops to €18k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €62k ▲129%
Operating result €93k, net result €62k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 16.39
Current ratio from 4.75 to 16.39; short-term debt falls from €51k to €14k.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
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.
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Directors · office · real estate
Directors
2 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, Bredene · 1 establishment unit since 2001
Ground area
1,671 m²
Building footprint
310 m²
Volume, LiDAR
1,616 m³
2 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PASCAL GALLANT
since 20012.116.361.044
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37005A0196/00S000 | Flanders | 1,322 m² | 1 · 172 m² | 8.6 m · 1 fl. |
| 35302C0478/00M000 | Flanders | 348 m² | 1 · 137 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 689 companies in sector 46216 we hold annual accounts for 476. 397 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
Founded12-04-2001
Fiscal year end31-12
Activities, NACEBEL 2025
46216Wholesale of agricultural produce and animal feed, general range
46110Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.