PASCAL MANNENS
ActiveSummary
PASCAL MANNENS has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159,014 and a net result of €34,689. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 81% of 17,042 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €159,014
- Profit
- €34,689
- MANNENS PascalDirector
Why 98lowers riskLiquidity: current ratio 3.23, cash €96,089Equity €159,014 (73.0% of total assets)Founded in 2005Sector: Real estate activities (NACE 68)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro): better than 80% on solvency, 91% on liquidity, 85% on profitability and 79% on growth.
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).
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Signals
This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2019 to 2025net €34,689 ▲114%
- Equity above €150,000equity €159,014 ▲27.9%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 76% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate 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).
Peer companies
Historical observationOf the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
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%.
| 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 31,373 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,162 | €4,162 | €3,553 | €3,414 | €3,941 | €4,935 | €7,188 | ▲ 45.6% |
| Other operating charges640/8 | - | - | - | €1,643 | €1,642 | €1,771 | €1,828 | ▲ 3.2% |
| Gross operating margin9900 | €24,050 | €57,087 | €24,376 | €31,125 | €19,580 | €33,472 | €56,049 | ▲ 67.5% |
| Operating profit (loss)9901 | €17,528 | €38,473 | €11,784 | €26,068 | €13,997 | €26,766 | €47,033 | ▲ 75.7% |
| Financial income75/76B | - | - | - | €18 | €0 | €3 | €5,182 | ▲ 1,722× |
| Recurring financial income75 | €551 | €550 | €12,791 | €18 | €0 | €3 | €5,182 | ▲ 1,722× |
| Financial charges65/66B | - | - | - | €5,958 | €338 | €632 | €878 | ▲ 38.8% |
| Recurring financial charges65 | €674 | €968 | €3,893 | €5,958 | €338 | €632 | €878 | ▲ 38.8% |
| Profit (loss) for the period before taxes9903 | €17,405 | €38,055 | €20,682 | €20,128 | €13,659 | €26,136 | €51,337 | ▲ 96.4% |
| Income taxes67/77 | €8,144 | €13,467 | €8,212 | €9,568 | €8,746 | €9,904 | €16,648 | ▲ 68.1% |
| Profit (loss) for the period9904 | €9,261 | €24,588 | €12,471 | €10,560 | €4,913 | €16,232 | €34,689 | ▲ 114% |
| Profit (loss) for the period to be appropriated9905 | €9,261 | €24,588 | €12,471 | €10,560 | €4,913 | €16,232 | €34,689 | ▲ 114% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €158,466 | €180,332 | €357,280 | €203,469 | €208,612 | €190,674 | €217,954 | ▲ 14.3% |
| Fixed assets21/28 | €10,775 | €6,612 | €15,722 | €18,890 | €14,948 | €26,128 | €27,694 | ▲ 6.0% |
| Tangible fixed assets22/27 | €10,775 | €6,612 | €15,722 | €18,890 | €14,948 | €26,128 | €27,694 | ▲ 6.0% |
| Plant, machinery and equipment23 | - | - | - | €571 | €173 | €0 | €2,398 | - |
| Furniture and vehicles24 | - | - | - | €3,195 | €2,418 | €16,537 | €12,538 | ▼ 24.2% |
| Other tangible fixed assets26 | - | - | - | €15,123 | €12,357 | €9,591 | €12,758 | ▲ 33.0% |
| Current assets29/58 | €147,692 | €173,719 | €341,558 | €184,579 | €193,663 | €164,546 | €190,260 | ▲ 15.6% |
| Amounts receivable after more than one year29 | - | - | - | €0 | - | - | - | - |
| Other amounts receivable291 | - | - | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €20,403 | €26,664 | €40,336 | €25,047 | €26,354 | €47,190 | €27,552 | ▼ 41.6% |
| Trade receivables40 | - | - | - | €25,047 | €26,354 | €47,190 | €24,200 | ▼ 48.7% |
| Other amounts receivable41 | - | - | - | - | - | - | €3,352 | - |
| Current investments50/53 | - | - | - | €83,930 | €83,930 | €49,159 | €54,341 | ▲ 10.5% |
| Cash at bank and in hand54/58 | €83,315 | €96,283 | €133,612 | €63,959 | €69,244 | €56,226 | €96,089 | ▲ 70.9% |
| Deferred charges and accrued income490/1 | - | - | - | €11,643 | €14,136 | €11,971 | €12,277 | ▲ 2.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €158,466 | €180,332 | €357,280 | €203,469 | €208,612 | €190,674 | €217,954 | ▲ 14.3% |
| Equity10/15 | €124,760 | €149,347 | €130,058 | €140,618 | €108,093 | €124,325 | €159,014 | ▲ 27.9% |
| Contributions10/11 | €12,400 | - | - | €14,260 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €112,360 | €136,947 | €117,658 | €126,358 | €95,693 | €111,925 | €146,614 | ▲ 31.0% |
| Non-distributable reserves130/1 | - | - | - | - | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €126,358 | €93,833 | €111,925 | €146,614 | ▲ 31.0% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €33,707 | €30,984 | €227,222 | €62,851 | €100,518 | €66,349 | €58,940 | ▼ 11.2% |
| Amounts payable after more than one year17 | - | - | €152,875 | €0 | - | - | - | - |
| Financial debts170/4 | - | - | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €31,705 | €28,817 | €72,237 | €61,081 | €96,977 | €64,578 | €58,940 | ▼ 8.7% |
| Financial debts43 | - | - | - | - | - | €1,425 | €30 | ▼ 97.9% |
| Credit institutions430/8 | - | - | - | - | - | €1,425 | €30 | ▼ 97.9% |
| Trade debts44 | €2,536 | €2,957 | €17,160 | €3,288 | €5,280 | €1,556 | €2,670 | ▲ 71.6% |
| Suppliers440/4 | - | - | - | €3,288 | €5,280 | €1,556 | €2,670 | ▲ 71.6% |
| Taxes, remuneration and social security45 | - | - | - | €16,240 | €9,597 | €15,207 | €10,132 | ▼ 33.4% |
| Taxes450/3 | - | - | - | €12,800 | €5,997 | €11,607 | €6,532 | ▼ 43.7% |
| Remuneration and social security454/9 | - | - | - | €3,440 | €3,600 | €3,600 | €3,600 | = |
| Other amounts payable47/48 | - | - | - | €41,552 | €82,100 | €46,389 | €46,107 | ▼ 0.6% |
| Accrued charges and deferred income492/3 | - | - | - | €1,771 | €3,541 | €1,771 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,261 | €24,588 | €12,471 | €10,560 | €4,913 | €16,232 | €34,689 | ▲ 114% |
| + Depreciation and write-downs630 | €4,162 | €4,162 | €3,553 | €3,414 | €3,941 | €4,935 | €7,188 | ▲ 45.6% |
| Operating cash flow (approximation) | €13,424 | €28,750 | €16,023 | €13,974 | €8,854 | €21,167 | €41,877 | ▲ 97.8% |
| Investment in fixed assets (approximation) | - | €0 | -€12,662 | -€6,582 | €0 | -€16,115 | -€8,754 | ▲ 45.7% |
| Change in cash | - | €12,968 | €37,329 | -€69,653 | €5,285 | -€13,018 | €39,863 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 27-01-2026 | 2026-00016756 |
| 30-06-2024 | micro format | 22-01-2025 | 2025-00010051 |
| 30-06-2023 | micro format | 01-12-2023 | 2023-00524057 |
| 30-06-2022 | micro format | 25-01-2023 | 2023-00005263 |
| 30-06-2021 | micro format | 27-01-2022 | 2022-02200400 |
| 30-06-2020 | micro format | 01-02-2021 | 2021-03200036 |
| 30-06-2019 | micro format | 31-01-2020 | 2020-02800207 |
| 30-06-2018 | micro format | 28-01-2019 | 2019-02500068 |
| 30-06-2017 | micro format | 01-02-2018 | 2018-03500161 |
| 30-06-2016 | abbreviated format | 05-01-2017 | 2017-00200299 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MANNENS Pascal |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-02
Gazette deed
Resignation: MANNENS Pascal (director)Appointment: MANNENS Pascal (director) · Amendment of the articles · Capital conversion11 facts ▸
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “opheffing statutair onbeschikbare eigen vermogensrekening, opheffing” (deed in Dutch)
- Capital
- Director resignation, MANNENS Pascal (director)
- Director appointment, MANNENS Pascal (director (not named in the articles))
- Other provision, “geen bestuursverbod, geen strafrechtelijk of burgerrechtelijk bestuursverbod om onderneming uit te baten of functie van bestuurder,commissaris of zaakvoerder ui…” (deed in Dutch)
- Other provision, “uitoefening mandaat, kwijting ontslagnemende zaakvoerder” (deed in Dutch)
- Registered office clause, “Vlaams gewest, Witte Barier 21,3550 Heusden-Zolder” (deed in Dutch)
- Other provision, “raadpleging gecoördineerde statuten, https://statuten.notaris.be” (deed in Dutch)
- Power of attorney, MANNENS Pascal
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
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.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0875.545.259
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71065B0477/00H000 | Flanders | 1,061 m² | 1 · 129 m² | 11.4 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De uitbating van een maatschappij voor onroerende goederen; Het aankopen,ruilen,verkopen,huren en onderhuren,verhuren en onderverhuren,met…” (deed in Dutch)
19 activities (deed in Dutch)
- De uitbating van een maatschappij voor onroerende goederen.
- Het aankopen,ruilen,verkopen,huren en onderhuren,verhuren en onderverhuren,met of zonder aankoopoptie,het uitbaten en het onderhouden van huizen,appartementen,kantoren,winkels,handelsfondsen,terreinen,gronden en domeinen,en,meer algemeen,van alle mogelijke onroerende goederen alsook het uitvoeren van alle mogelijke financieringsverrichtingen.
- Het optreden als bouwpromotor en coördinator.
- Het bouwen,verbouwen,het verkavelen,de bouwpromotie en de projectontwikkeling in de onroerende sector.
- Zij zal alle mogelijke constructies kunnen optrekken voor eigen rekening of voor rekening van derden,als opdrachtgever of als algemene aannemer en,eventueel,de onroerende goederen kunnen veranderen en opwaarderen;verkavelingen kunnen onderzoeken en inrichten met 1nbegnp van de aanleg van wegen en rioleringen;verbintenissen kunnen aangaan als bouwadviseur (bouwkundig onderzoek en onderzoek met betrekking tot de diverse technische uitrustingen van de gebouwen),alle materialen kunnen kopen,alle ondernemingsovereenkomsten kunnen ondertekenen die noodzakelijk zouden zijn;alle wissel-,commissie- en makelaarsverrichtingen kunnen uitvoeren,alsook het beheer van de gebouwen.
- Het ontwerpen,uitvinden,fabriceren,bouwen,invoeren,uitvoeren,aankopen en verkopen,verdelen,onderhouden en uitbouwen,zowel in eigen naam als als agent,commissionair of makelaar van alle mogelijke onroerende goederen toegevoegd of toe te voegen aan de bovengenoemde onroerende goederen.
- Het leveren van alle mogelijke diensten in het kader van het voorwerp waaronder patrimoniumbeheer.
- Het in het algemeen en in eigen naam of in naam en voor rekening van derden optreden als manager,onderhandelaar,makelaar,adviseur,management-consultant,marketing-consultant,agent,public-relations- en promotie-adviseur of agent.
- Het verschaffen van professionele bijstand,het beheer en verwerken van administratie,personeels-,financieel en commercieel beheer,het uitvoeren of laten uitvoeren van alle daarop betrekking hebbende taken en verrichtingen.
- Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoeming en in de hoedanigheid van extern raadgever of orgaan van de cliënt.
- Het organiseren van seminaries en cursussen.
- De rechtstreekse of onrechtstreekse participatie in alle mogelijke commerciële,industriële,financiële,roerende en onroerende vennootschappen en ondernemingen,de controle op hun beheer of het participeren hierin door het opnemen van alle mogelijke mandaten binnen die vennootschappen of ondernemingen.
- De vennootschap mag haar voorwerp overal verwezenlijken,zowel in België als in het buitenland,op alle wijzen en volgens alle modaliteiten die zij het best geschikt zal achten.
- De vennootschap zal in het algemeen alle commerciële,industriële,financiële,roerende en onroerende handelingen mogen verrichten die rechtstreeks of onrechtstreeks verband houden met haar voorwerp,of die van aard zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden,en die daartoe noodzakelijk,nuttig of zelfs maar bevorderend zijn.
- De vennootschap mag daarenboven belangen nemen hetzij door deelneming,inbreng of elke andere wijze,in alle vennootschappen,ondernemingen,economische samenwerkingsverbanden,beroepsverenigingen of groeperingen,bestaande of op te richten,zo in België als in het buitenland,die een gelijkluidend,aanvullend of soortgelijk voorwerp nastreven,of die van aard zijn de ontwikkeling van haar onderneming te bevorderen.
- De vennootschap is bevoegd deel te nemen onder gelijk welke vorm aan de oprichting,uitbreiding,omzetting,fusie,opslorping,het bestuur en de controle van ondernemingen met gelijkaardige,aanverwante of aanvullende activiteiten.Ze kan verder alle hulp verlenen aan ondernemingen waarin ze belang stelt onder meer in de vorm van leningen,voorschotten of borgstellingen,alsook bij wijze van bijstand inzake bestuur en of administratie.
- De vennootschap mag bijgevolg en al dan niet mits vergoeding optreden als bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen,zich borg stellen voor derden,bestuurders en aandeelhouders,evenals hun leningen,voorschotten en kredieten toestaan,met of zonder zakelijke en/of persoonlijke zekerheden,behoudens de wettelijke beperkingen terzake.
- Deze bepalingen zijn niet beperkend,doch opsommend,zodat de vennootschap alle daden kan stellen,behalve deze verboden door de wetgeving terzake.
- De algemene vergadering der vennoten kan het voorwerp van de vennootschap uitleggen,verklaren en uitbreiden,mits zich te schikken naar de wettelijke regels terzake.
- 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 MANNENS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,ateliers,opslagplaatsen,bijhuizen,exploitatiezetels” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1” (deed in Dutch)“Vergoeding bestuurders, vaste of evenredige vergoeding” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of December at 15:00