Pascal Mercier
ActivePascal Mercier has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €486k and a net result of €6k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 94% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 5.05 against 4.47 in 2023; short-term debt: 8.4% and cash: 13.5% of total assets), and 16.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83.5%
Return on assets
1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
75 d late
2023
26 d early
2022
60 d late
2021
57 d late
2020
27 d late
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6k
2023 · €-21k
2018: €8k
2019: €18k
2020: €12k
2021: €50k
2022: €15k
2023: €-21k
2018 → 2024
Working capital
€199k▲ 32.4%
2023 · €150k
2018: €142k
2019: €148k
2020: €175k
2021: €205k
2022: €144k
2023: €150k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€437k-€486k▲ 11.3%€501k▲ 3.0%€480k▼ 4.2%€486k▲ 1.2%
Operating result€20k-€71k▲ 253%€21k▼ 69.9%€-22k€6k
Net result€12k-€50k▲ 311%€15k▼ 70.3%€-21k€6k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €6k after a loss of €22k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €582k
Fixed assets
€334k▼ 11.6%
Current assets
€248k▲ 28.1%
Equity and liabilities €582k
Equity
€486k▲ 1.2%
Provisions
€41k▼ 4.3%
Debt
€54k▲ 14.1%
The debt ratio rises from 8.4% to 9.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57k▲
2023 · €37k
Cash flow
€57k▲
2023 · €38k
Solvency
83.5%▼
2023 · 84.1%
Current ratio
5.05▲
2023 · 4.47
Quick ratio
2.85▼
2023 · 2.92
Debt / equity
0.11▲
2023 · 0.10
ROE
1.1%▲
2023 · -4.4%
ROA
1.0%▲
2023 · -3.7%
Interest coverage
57.29▲
2023 · 34.51
Debt
€54k▲
2023 · €48k
Debt ≤ 1 year
€49k▲
2023 · €43k
Debt > 1 year
€5k=
2023 · €5k
Income taxes
€929
Staff costs
€123k▼
2023 · €198k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€571k€582k▲
Fixed assets21/28€378k€334k▼
Tangible fixed assets22/27€378k€334k▼
Land and buildings22€244k€234k▼
Plant, machinery and equipment23€21k€18k▼
Furniture and vehicles24€113k€82k▼
Current assets29/58€193k€248k▲
Stocks and contracts in progress3€67k€108k▲
Stocks30/36€67k€108k▲
Amounts receivable within one year40/41€92k€57k▼
Trade receivables40€28k€16k▼
Other amounts receivable41€64k€41k▼
Cash at bank and in hand54/58€29k€79k▲
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€571k€582k▲
Equity10/15€480k€486k▲
Contributions10/11€19k€19k=
Reserves13€334k€339k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€107k€103k▼
Distributable reserves133€225k€235k▲
Profit (loss) carried forward14€128k€128k=
Provisions and deferred taxes16€43k€41k▼
Deferred taxes168€43k€41k▼
Amounts payable17/49€48k€54k▲
Amounts payable after more than one year17€5k€5k=
Other amounts payable178/9€5k€5k=
Amounts payable within one year42/48€43k€49k▲
Current portion of amounts payable after more than one year42€1k-
Trade debts44€18k€16k▼
Suppliers440/4€18k€16k▼
Taxes, remuneration and social security45€23k€19k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€18k€17k▼
Other amounts payable47/48€1k€14k▲
Accrued charges and deferred income492/3-€900
Income statement
Code20232024
Remuneration, social security and pensions62€198k€123k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€52k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-360-
Other operating charges640/8€6k€5k▼
Gross operating margin9900€241k€185k▼
Operating profit (loss)9901€-22k€6k▲
Financial income75/76B€272€76▼
Recurring financial income75€272€76▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-23k€5k▲
Transfer from deferred taxes780€2k€2k=
Income taxes67/77-€929
Profit (loss) for the period9904€-21k€6k▲
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€-17k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€128k€137k▲
Profit (loss) brought forward from the previous period14P€145k€128k▼
Transfer to equity691/2-€9k
To other reserves6921-€9k
Social balance
Average headcount (FTE)90873.52.0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 75 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-21k ▼242%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 60 days late
2022
31-12
Financial
Equity above €500kEq €501k ▲3%
5 profitable years in a row build equity to €501k.
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 57 days late
2021
31-12
Financial
Highest result since 2018net €50k ▲311%
Operating result €71k, net result €50k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 51 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-11-2023
Resigned as Manager
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 1986
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Albert(K) 397540 TournaiGround area
2,606 m²
Building footprint
544 m²
Volume, LiDAR
2,731 m³
2 parcels, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pascal Mercier
since 19862.098.966.667
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57042B0275/00V000 | Wallonia | 2,489 m² | 1 · 210 m² | 6.5 m · 2 fl. |
| 57042C0414/00V003 | Wallonia | 117 m² | 1 · 334 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AUTOMOTIVE VAN HOVE
BE 0453.891.308
Wingene · Eq €485k
LATEUR
BE 0462.053.065
Harelbeke · Eq €485k
PNEUS DEVOLDERE
BE 0474.465.107
Philippeville · Eq €487k
CARS DE MEUTTER
BE 0456.369.558
Malle · Eq €488k
ETS GERMEAU
BE 0418.574.301
Awans · Eq €484k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 3,464 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-1985
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
29201Manufacture of motor vehicles, trailers and semi-trailers
30990Manufacture of other transport equipment
49410Freight transport by road
50103
77110Renting and leasing of cars and light motor vehicles
77399Renting and leasing of other machinery, equipment and tangible goods
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.