PASCAL OHN
ActiveSummary
The computed 12-month bankruptcy probability of PASCAL OHN is 4.3% (elevated). The 2024 annual accounts show equity of €136,207 and a net result of €46,514. Equity is growing by ~58.8% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Financials · fiscal year 2024, unclassified schema
2021 to 2024, 4 fiscal years
The operating result has risen three years in a row; 2024 is 28% above 2023 and is the highest result in the available series.
What the company sold each fiscal 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.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- 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 higher bankruptcy probability: 4.3% 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 497,472 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% | 1.0% |
| 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% 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 26,975 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 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,378 | €1,793 | €1,836 | €3,962 | ▲ 116% |
| Other operating charges640/8 | €4,854 | €6,011 | €6,170 | €6,313 | ▲ 2.3% |
| Gross operating margin9900 | €16,180 | €40,026 | €61,058 | €78,421 | ▲ 28.4% |
| Operating profit (loss)9901 | €9,948 | €32,222 | €53,052 | €68,146 | ▲ 28.4% |
| Financial income75/76B | €143 | €159 | €544 | €177 | ▼ 67.5% |
| Recurring financial income75 | €143 | €159 | €544 | €177 | ▼ 67.5% |
| Financial charges65/66B | €39 | €183 | €9,449 | €5,424 | ▼ 42.6% |
| Recurring financial charges65 | €39 | €183 | €9,449 | €5,424 | ▼ 42.6% |
| Profit (loss) for the period before taxes9903 | €10,052 | €32,198 | €44,147 | €62,898 | ▲ 42.5% |
| Income taxes67/77 | €2,513 | €7,444 | €11,747 | €16,384 | ▲ 39.5% |
| Profit (loss) for the period9904 | €7,539 | €24,754 | €32,400 | €46,514 | ▲ 43.6% |
| Profit (loss) for the period to be appropriated9905 | €7,539 | €24,754 | €32,400 | €46,514 | ▲ 43.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €185,663 | €187,397 | €238,418 | €292,251 | ▲ 22.6% |
| Fixed assets21/28 | €11,567 | €10,806 | €9,549 | €15,910 | ▲ 66.6% |
| Tangible fixed assets22/27 | €11,567 | €10,806 | €9,549 | €15,910 | ▲ 66.6% |
| Land and buildings22 | - | €1,019 | - | - | - |
| Plant, machinery and equipment23 | €11,567 | €9,787 | €8,006 | €6,693 | ▼ 16.4% |
| Furniture and vehicles24 | - | - | - | €4,915 | - |
| Other tangible fixed assets26 | - | - | €1,542 | €4,303 | ▲ 179% |
| Current assets29/58 | €174,095 | €176,592 | €228,869 | €276,341 | ▲ 20.7% |
| Stocks and contracts in progress3 | €110,487 | €106,022 | €158,962 | €120,345 | ▼ 24.3% |
| Stocks30/36 | €110,487 | €106,022 | €158,962 | €120,345 | ▼ 24.3% |
| Amounts receivable within one year40/41 | €24,231 | €35,480 | €45,287 | €144,681 | ▲ 219% |
| Trade receivables40 | €24,231 | €35,480 | €45,287 | €144,667 | ▲ 219% |
| Other amounts receivable41 | - | - | - | €14 | - |
| Cash at bank and in hand54/58 | €38,388 | €33,846 | €23,287 | €10,402 | ▼ 55.3% |
| Deferred charges and accrued income490/1 | €989 | €1,244 | €1,332 | €913 | ▼ 31.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €185,663 | €187,397 | €238,418 | €292,251 | ▲ 22.6% |
| Equity10/15 | €32,539 | €57,294 | €89,693 | €136,207 | ▲ 51.9% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | €7,539 | €32,294 | €64,693 | €111,207 | ▲ 71.9% |
| Amounts payable17/49 | €153,123 | €130,104 | €148,724 | €156,044 | ▲ 4.9% |
| Amounts payable after more than one year17 | - | - | €16,219 | €6,018 | ▼ 62.9% |
| Financial debts170/4 | - | - | €16,219 | €6,018 | ▼ 62.9% |
| Amounts payable within one year42/48 | €133,323 | €109,104 | €110,611 | €124,055 | ▲ 12.2% |
| Current portion of amounts payable after more than one year42 | - | - | €10,046 | €10,201 | ▲ 1.5% |
| Financial debts43 | - | - | €30,000 | €41,754 | ▲ 39.2% |
| Credit institutions430/8 | - | - | €30,000 | €41,754 | ▲ 39.2% |
| Trade debts44 | €12,418 | €15,191 | €13,197 | €2,856 | ▼ 78.4% |
| Suppliers440/4 | €12,418 | €15,191 | €13,197 | €2,856 | ▼ 78.4% |
| Taxes, remuneration and social security45 | €6,913 | €15,334 | €18,082 | €35,041 | ▲ 93.8% |
| Taxes450/3 | €6,913 | €15,334 | €18,082 | €35,041 | ▲ 93.8% |
| Other amounts payable47/48 | €113,993 | €78,579 | €39,285 | €34,203 | ▼ 12.9% |
| Accrued charges and deferred income492/3 | €19,800 | €21,000 | €21,894 | €25,970 | ▲ 18.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,539 | €24,754 | €32,400 | €46,514 | ▲ 43.6% |
| + Depreciation and write-downs630 | €1,378 | €1,793 | €1,836 | €3,962 | ▲ 116% |
| Operating cash flow (approximation) | €8,917 | €26,547 | €34,236 | €50,476 | ▲ 47.4% |
| Investment in fixed assets (approximation) | - | -€1,031 | -€580 | -€10,323 | ▼ 1,681% |
| Change in cash | - | -€4,542 | -€10,558 | -€12,885 | ▼ 22.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.