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PASCAL MALMEDY

Active
Private limited companyfounded 2024active for 2 yearsBaudouinthier 35, 4890 Thimister-Clermont, BelgiumKBO/BCE: BE 1010.052.882
Summary

PASCAL MALMEDY has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,537 and a net result of €36,803. Its solvency ranks better than 61% of 10,757 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€67,533total assets 2025
Equity
€43,537
Profit
€36,803
Turnover not published (abbreviated format)
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 4 days early
Why 89raises riskFounded in 2024Liquidity: current ratio 2.83, cash €1,864, halvedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Figures for financial year 2025 (filed 27-07-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 65% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Strong
Solvency 89+26
equity 64.5% of total assets
Liquidity 38-30
short-term debt 34.7% · cash 2.8%
Profitability 100=
return on assets 54.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,445 companies, NACE 70, micro)
Last 24 months 07-2025: 0.4%highest value 08-2025: < 0.1%▼ -0.4 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.83, compared with 1.61 in 2024, above the usual 1.5; short-term debt: 34.7% and cash: 2.8% of total assets), and 35.5% 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 70, micro): better than 59% on solvency, 18% on liquidity, 84% on profitability and 98% on growth.

The bankruptcy probability was computed on 27-10-2026 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

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
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
raises risk · Liquidity: current ratio 2.83, cash €1,864, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 27-07-2026)
NBB · annual accounts
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 27-07-2026, 4 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
4 days early
2024
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 6 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. IncorporationAppointment: MALMEDY Pascal Pierre Joseph…

Financials · financial year 2025, abbreviated format

Equity
€43,537▲ 475%
2024 · €7,567
Total assets
€67,533▲ 240%
2024 · €19,877
Net result
€36,803▲ 473%
2024 · €6,426
Working capital
€42,904▲ 467%
2024 · €7,567
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 5.3 times 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€53,946 2025 Net result€36,803 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€10,206-€53,946▲ 429%
Net result€6,426within the sector's middle half-€36,803within the sector's middle half▲ 473%
Equity€7,567below the sector's middle half-€43,537below the sector's middle half▲ 475%
Total assets€19,877below the sector's middle half-€67,533below the sector's middle half▲ 240%
Debt€12,311-€23,996▲ 94.9%
Working capital€7,567within the sector's middle half-€42,904within the sector's middle half▲ 467%
Solvency38.1%within the sector's middle half-64.5%within the sector's middle half▲ 26.4pp
Current ratio1.61within the sector's middle half-2.83within the sector's middle half▲ 1.21
Return on assets (ROA)32.3%above the sector's middle half-54.5%above the sector's middle half▲ 22.2pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67,533
Fixed assets €1,166
Current assets €66,367
Equity and liabilities €67,533
Equity €43,537 ▲ 475%
Debt €23,996 ▲ 94.9%
Debt's share of the balance-sheet total falls from 61.9% to 35.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€54,046▲
2024 · €11,597
Cash flow
€36,902▲
2024 · €7,817
Debt to equity
0.55▼
2024 · 1.63
ROE
84.5%▼
2024 · 84.9%
Interest coverage
20.43▲
2024 · 9.64
Debt ≤ 1 year
€23,463▲
2024 · €12,311
Income taxes
€14,570▲
2024 · €2,577
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

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: 0.3% 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 497,445 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 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€19,877€67,533▲
Fixed assets21/28-€1,166
Tangible fixed assets22/27-€1,166
Other tangible fixed assets26-€1,166
Current assets29/58€19,877€66,367▲
Amounts receivable within one year40/41€4,870€62,534▲
Trade receivables40€4,870€62,534▲
Cash at bank and in hand54/58€13,628€1,864▼
Deferred charges and accrued income490/1€1,379€1,969▲
Equity and liabilities
Total equity and liabilities10/49€19,877€67,533▲
Equity10/15€7,567€43,537▲
Contributions10/11€2,000€2,000=
Reserves13€5,567€41,537▲
Distributable reserves133€5,567€41,537▲
Amounts payable17/49€12,311€23,996▲
Amounts payable within one year42/48€12,311€23,463▲
Trade debts44€1,396€342▼
Suppliers440/4€1,396€342▼
Taxes, remuneration and social security45€7,345€21,333▲
Taxes450/3€6,342€17,743▲
Remuneration and social security454/9€1,003€3,590▲
Other amounts payable47/48€3,570€1,788▼
Accrued charges and deferred income492/3€0€533▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,391€99▼
Other operating charges640/8€387€914▲
Gross operating margin9900€11,985€54,960▲
Operating profit (loss)9901€10,206€53,946▲
Financial income75/76B-€72
Recurring financial income75-€72
Financial charges65/66B€1,204€2,645▲
Recurring financial charges65€1,204€2,645▲
Profit (loss) for the period before taxes9903€9,003€51,373▲
Income taxes67/77€2,577€14,570▲
Profit (loss) for the period9904€6,426€36,803▲
Profit (loss) for the period to be appropriated9905€6,426€36,803▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,426€36,803▲
Transfer to equity691/2€5,567€35,970▲
To other reserves6921€5,567€35,970▲
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼

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

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,391€99▼ 92.9%
Other operating charges640/8€387€914▲ 136%
Gross operating margin9900€11,985€54,960▲ 359%
Operating profit (loss)9901€10,206€53,946▲ 429%
Financial income75/76B-€72-
Recurring financial income75-€72-
Financial charges65/66B€1,204€2,645▲ 120%
Recurring financial charges65€1,204€2,645▲ 120%
Profit (loss) for the period before taxes9903€9,003€51,373▲ 471%
Income taxes67/77€2,577€14,570▲ 465%
Profit (loss) for the period9904€6,426€36,803▲ 473%
Profit (loss) for the period to be appropriated9905€6,426€36,803▲ 473%
Line20242025Change
Assets
Total assets20/58€19,877€67,533▲ 240%
Fixed assets21/28-€1,166-
Tangible fixed assets22/27-€1,166-
Other tangible fixed assets26-€1,166-
Current assets29/58€19,877€66,367▲ 234%
Amounts receivable within one year40/41€4,870€62,534▲ 13×
Trade receivables40€4,870€62,534▲ 13×
Cash at bank and in hand54/58€13,628€1,864▼ 86.3%
Deferred charges and accrued income490/1€1,379€1,969▲ 42.8%
Equity and liabilities
Total equity and liabilities10/49€19,877€67,533▲ 240%
Equity10/15€7,567€43,537▲ 475%
Contributions10/11€2,000€2,000=
Reserves13€5,567€41,537▲ 646%
Distributable reserves133€5,567€41,537▲ 646%
Amounts payable17/49€12,311€23,996▲ 94.9%
Amounts payable within one year42/48€12,311€23,463▲ 90.6%
Trade debts44€1,396€342▼ 75.5%
Suppliers440/4€1,396€342▼ 75.5%
Taxes, remuneration and social security45€7,345€21,333▲ 190%
Taxes450/3€6,342€17,743▲ 180%
Remuneration and social security454/9€1,003€3,590▲ 258%
Other amounts payable47/48€3,570€1,788▼ 49.9%
Accrued charges and deferred income492/3€0€533▲ 3,555×
Line20242025Change
Profit (loss) for the period9904€6,426€36,803▲ 473%
+ Depreciation and write-downs630€1,391€99▼ 92.9%
Operating cash flow (approximation)€7,817€36,902▲ 372%
Change in cash--€11,765-

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 (2)
Financial year Type Filed Reference
31-12-2025 abbreviated format 27-07-2026 2026-00344650
31-12-2024 abbreviated format 23-07-2025 2025-00310261

Similar companies · same sector, comparable size

Of the 82,449 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,355. 38,770 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
Pascal Malmédy
Director (not named in the articles) · since 07-06-2024
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
Pascal Malmédy
  • Director (not named in the articles), from 07-06-2024 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 07-06-2024 ↗
  • MALMEDY Pascal Pierre Joseph 1,000 shares (100%) · €2,000 in cash

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

Capital over the years
  1. 07-06-2024 Incorporation · €2,000 · 1,000 shares

Group and network

Connections & network

1 connected company
Depth

The connected companies are in the list below.

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

Board mandates elsewhere

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

History

PASCAL MALMEDY was incorporated on 5 June 2024 as a private limited company by one natural person, with a starting capital of €2,000.12 Since 2024, Pascal Malmédy has served as director of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-06-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
23-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
07-06
Gazette deed Incorporation
Appointment: MALMEDY Pascal Pierre Joseph (director) · Founder · Founding capital14 facts ▸
  • Incorporation, “PASCAL MALMEDY” (deed in French)
  • Founder, MALMEDY Pascal Pierre Joseph
  • Other provision, 16-05-2014
  • Other provision, “responsabilité des fondateurs, faillite dans les trois ans de l'acquisition de la personnalité juridique” (deed in French)
  • Founding capital, €2,000
  • Shareholding, 1000
  • Bank account, EUR, “société en formation” (deed in French)
  • Other provision, “attestation de dépôt”, 2000 (deed in French)
  • Other provision, “arrêt des statuts” (deed in French)
  • Capital
  • Registered office clause, “4890 Thimister-Clermont, Baudouinthier 35” (deed in French)
  • Board rule, 1
  • +2 further facts in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded05-06-2024
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010052882
Also 9925:BE1010052882
Registered 17-11-2025

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

Register as of 27 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, Thimister-Clermont · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1,404 m²
Building footprint
222 m²
Parcel 63017C0446/00V000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Baudouinthier 35, 4890 Thimister-Clermont
Business and other management consultancy
since 2024unit no. 2.360.290.904
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
63017C0446/00V000 Wallonia 1,404 m² 1 · 222 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

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 MALMEDY
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, transfert en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue française de Belgique par simple…” (deed in French)

deed of 07-06-2024

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.
“Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)

deed of 07-06-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, requises par Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs proportionnellement actions, écrit par pli recommandé” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Organe qui procède à l'émission, actionnaires existants” (deed in French)

deed of 07-06-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Monday of June at 18:00

deed of 07-06-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Assemblée générale délibérant formes modifications aux statuts, en tout temps” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Peut désigner liquidateurs et déterminer pouvoirs et émoluments, administrateurs en fonction désignés liquidateurs en vertu statuts si aucun…” (deed in French)

deed of 07-06-2024

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

Other provision: “Libération des actions et appels de fonds, détermine librement,au fur et à mesure des besoins et aux époques jugées utiles,les versements…” (deed in French)
Other provision: “Pouvoir d'administration, loi et statuts réservent à assemblée générale” (deed in French)
Other provision: “Rémunération des administrateurs, frais généraux indépendamment frais représentation voyages déplacements” (deed in French)
Other provision: “Gestion journalière, organe d'administration seul ou conjointement” (deed in French)
Other provision: “Contrôle de la société, un ou plusieurs commissaires” (deed in French)
Other provision: “Assemblée générale par procédure écrite, membres organe,commissaire,titulaires obligations convertibles,droits de souscription,certificats…” (deed in French)
Other provision: “Séances – procès-verbaux, registre tenu au siège pour décisions assemblée ou actionnaire unique” (deed in French)
Other provision: “Une voix par action sauf actions sans droit de vote, délibérations” (deed in French)
Other provision: “Acomptes sur dividendes, organe d'administration” (deed in French)
Liquidation distribution: “Actif net entre actionnaires en proportion actions, biens conservés remis même proportion” (deed in French)
Other provision: “Siège, communications, sommations, assignations, significations valablement faites” (deed in French)
Other provision: “Compétence judiciaire, entre société, actionnaires, administrateurs, commissaires et liquidateurs relatifs affaires société et exécution…” (deed in French)
Other provision: “Droit commun, clauses contraires dispositions impératives censées non écrites” (deed in French)
4 more provisions in the deed, see the deed of 07-06-2024

deed of 07-06-2024