Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Back in profit in 2025, after a loss of €46,984 in 2024.
Of this, €87,770 falls due within a year.
Short-term debts rose from €83,179 to €87,770.
The last five annual accounts were filed 44 to 74 days before the end of the period.
Less equity than 81% of companies in wholesale trade. Sector median €56,489 · 13,827 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 46, micro). It does better than 16% of them on solvency, 14% on liquidity, 78% on profitability and 92% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,632 companies had the same profile as PASCAL OOSTERLINCK & Partners has now. Each dot stands for 10 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PASCAL OOSTERLINCK & Partners itself: 0.9% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for PASCAL OOSTERLINCK & Partners. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.91 (0.43 in 2024), below 1. Short-term debt is 68.6% and cash 0% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 51 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| PASCAL OOSTERLINCK & Partners Nazareth-De Pinte | €127,906 | €39,002 | -2.1% | - |
| SEYNHAEVE GLENN Ingelmunster | €152,766 | €50,459 | 56.1% | - |
| SYMONS C Hechtel-Eksel | €156,627 | €27,876 | 58.5% | - |
| GALAXY PROPAR Pittem | €181,620 | €65,668 | -48.3% | - |
| MEC² - TFT Antwerp | €179,254 | €69,327 | 33.4% | - |
| GEORKA Durbuy | €85,053 | €21,758 | 63.2% | - |
| AIDHOM Soumagne | €148,615 | €56,954 | 29.5% | - |
These companies have the same main activity as PASCAL OOSTERLINCK & Partners: wholesale trade (NACE 46842). They are comparable in size and age: total assets between €85,100 and €182,000, founded between 2004 and 2014.
PASCAL OOSTERLINCK & Partners files the micro format. That format states no turnover. The gross margin rose from €7,956 in 2010 to €39,002 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €130,000 and €480,000.
Higher than 19% of 13,797 companies in 2025.
Higher than 24% of 13,178 companies in 2025.
Higher than 72% of 13,357 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
127,906 | 101,293 | 87,654 | 84,187 | 72,671 | 57,913 | 22,720 | 14,884 | 25,128 | 43,331 | 10,579 | 16,754 | 13,692 | 21,382 | 37,256 | 42,532 | |
21/28 |
47,896 | 65,173 | 29,883 | 28,096 | 2,936 | 175 | 4,370 | 8,566 | 12,323 | 16,730 | 610 | 1,095 | 2,229 | 2,583 | 4,326 | 5,408 | |
22/27 |
46,946 | 64,223 | 28,933 | 27,146 | 1,986 | 175 | 4,370 | 8,566 | 12,323 | 16,730 | 610 | 1,095 | 2,229 | 2,583 | 4,326 | 5,408 | |
23 |
1,374 | 3,301 | 5,405 | 5,700 | 1,986 | 175 | 714 | 1,253 | 1,353 | 1,804 | 10 | 195 | 933 | 1,689 | 2,444 | 2,539 | |
24 |
44,068 | 59,018 | 23,528 | 21,446 | - | 0 | 3,656 | 7,313 | 10,970 | 14,926 | 600 | 900 | 1,296 | 894 | 1,882 | 2,869 | |
26 |
1,504 | 1,904 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
950 | 950 | 950 | 950 | 950 | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
80,010 | 36,120 | 57,771 | 56,092 | 69,735 | 57,738 | 18,350 | 6,318 | 12,805 | 26,600 | 9,970 | 15,659 | 11,463 | 18,798 | 32,930 | 37,124 | |
3 |
16,816 | 13,960 | 10,900 | 8,331 | 5,163 | 654 | 1,313 | 2,607 | 2,109 | 2,940 | 5,861 | 6,496 | 8,917 | 9,852 | 10,422 | 7,513 | |
30/36 |
16,816 | 13,960 | 10,900 | 8,331 | 5,163 | 654 | 1,313 | 2,607 | 2,109 | 2,940 | 5,861 | 6,496 | 8,917 | 9,852 | 10,422 | 7,513 | |
40/41 |
61,713 | 20,073 | 44,770 | 35,927 | 43,968 | 36,831 | 16,823 | 3,567 | 9,448 | 23,486 | 4,056 | 8,786 | 643 | 8,946 | 22,508 | 29,611 | |
40 |
52,833 | 13,450 | 35,201 | 20,864 | 32,307 | 36,234 | 1,557 | 2,852 | 8,835 | 18,060 | 1,712 | 8,452 | - | 7,789 | 727 | 7,670 | |
41 |
8,881 | 6,623 | 9,569 | 15,063 | 11,661 | 598 | 15,266 | 715 | 613 | 5,426 | 2,345 | 334 | 643 | 1,157 | 21,781 | 21,941 | |
54/58 |
0 | 0 | 0 | 9,634 | 20,494 | 20,082 | - | - | 1,047 | 6 | 53 | 377 | 1,903 | - | - | - | |
490/1 |
1,481 | 2,087 | 2,101 | 2,200 | 111 | 170 | 214 | 144 | 201 | 168 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
127,906 | 101,293 | 87,654 | 84,187 | 72,671 | 57,913 | 22,720 | 14,884 | 25,128 | 43,331 | 10,579 | 16,754 | 13,692 | 21,382 | 37,256 | 42,532 | |
10/15 |
-2,665 | -18,114 | 28,870 | 27,199 | 26,124 | 20,749 | 2,693 | -1,644 | 205 | 3,195 | 5,645 | 5,105 | 2,207 | 1,479 | 14,284 | 21,247 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
10,270 | 10,270 | 10,270 | 8,199 | 7,149 | 2,149 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 2,647 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
8,410 | 8,410 | 8,410 | 6,339 | 5,289 | 289 | - | - | - | - | - | - | - | - | 787 | - | |
14 |
-31,535 | -46,984 | - | 399 | 375 | 0 | -17,767 | -22,104 | -20,255 | -17,265 | -14,815 | -15,355 | -18,253 | -18,981 | -6,963 | 787 | |
17/49 |
130,571 | 119,407 | 58,784 | 56,988 | 46,547 | 37,164 | 20,027 | 16,528 | 24,923 | 40,135 | 4,934 | 11,650 | 11,485 | 19,902 | 22,972 | 21,285 | |
17 |
23,649 | 36,228 | 20,619 | 26,210 | 9,189 | 0 | 3,732 | 7,409 | 11,033 | 14,604 | - | - | - | - | - | - | |
170/4 |
23,649 | 36,228 | 20,619 | 26,210 | 9,189 | 0 | 3,732 | 7,409 | 11,033 | 14,604 | - | - | - | - | - | - | |
42/48 |
87,770 | 83,179 | 38,165 | 30,779 | 37,358 | 37,153 | 16,295 | 9,119 | 13,890 | 25,532 | 4,934 | 11,650 | 11,485 | 19,902 | 22,972 | 21,285 | |
42 |
12,579 | 14,954 | 11,722 | 10,803 | 284 | 4,045 | 3,991 | 4,251 | 3,571 | 3,519 | - | - | - | - | - | - | |
43 |
7,010 | 6,871 | 1,295 | - | - | 0 | 590 | 2,007 | 1,514 | 2,446 | 24 | 620 | 1,444 | 13,082 | 16,161 | 19,020 | |
430/8 |
7,010 | 6,871 | 1,295 | - | - | 0 | 590 | 2,007 | 1,514 | 2,446 | 24 | 620 | 1,444 | 13,082 | 16,161 | 19,020 | |
44 |
42,599 | 57,518 | 22,734 | 17,540 | 25,644 | 17,697 | 11,714 | 2,850 | 8,083 | 13,900 | 4,737 | 10,527 | 5,767 | 3,229 | 6,811 | 2,265 | |
440/4 |
42,599 | 57,518 | 22,734 | 17,540 | 25,644 | 17,697 | 11,714 | 2,850 | 8,083 | 13,900 | 4,737 | 10,527 | 5,767 | 3,229 | 6,811 | 2,265 | |
45 |
988 | 3,836 | 2,414 | 2,436 | 6,430 | 6,004 | 0 | 11 | 0 | 233 | 173 | 166 | 72 | 68 | - | - | |
450/3 |
988 | 1,138 | 2,414 | 2,436 | 6,430 | 6,004 | 0 | 11 | 0 | 233 | 173 | 166 | 72 | 68 | - | - | |
454/9 |
- | 2,699 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
24,595 | - | - | - | 5,000 | 9,408 | - | - | 722 | 5,433 | - | 337 | 4,202 | 3,524 | - | - | |
492/3 |
19,152 | - | - | - | - | 11 | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | 2,247 | - | - | - | |
9900 |
39,002 | -27,966 | 12,848 | 5,740 | 14,483 | 37,316 | 9,725 | 3,971 | 4,208 | 3,122 | 2,303 | 5,064 | 1,816 | -8,058 | -2,117 | 7,956 | |
630 |
17,277 | 13,342 | 7,377 | 2,126 | 312 | 4,195 | 4,195 | 4,195 | 4,408 | 4,417 | 486 | 1,134 | 1,854 | 1,743 | 1,734 | 1,728 | |
640/8 |
2,560 | 3,261 | 932 | 915 | 806 | 835 | 768 | 605 | 2,052 | 600 | 800 | 599 | 844 | 904 | 222 | 470 | |
9901 |
19,165 | -44,568 | 4,538 | 2,698 | 13,365 | 32,286 | 4,762 | -830 | -2,252 | -1,896 | 1,018 | 3,331 | -881 | -10,705 | -4,073 | 5,758 | |
75/76B |
52 | 239 | 712 | 533 | 1,499 | 104 | 285 | - | 32 | - | 52 | 16 | 17 | 3 | - | - | |
75 |
52 | 239 | 712 | 533 | 1,499 | 104 | 285 | - | 32 | - | 52 | 16 | 17 | 3 | - | - | |
65/66B |
3,580 | 2,507 | 2,363 | 1,153 | 621 | 418 | 710 | 1,019 | 771 | 554 | 529 | 450 | 656 | 2,103 | 2,188 | 3,111 | |
65 |
3,580 | 2,507 | 2,363 | 1,153 | 621 | 418 | 710 | 1,019 | 771 | 554 | 529 | 450 | 656 | 2,103 | 2,188 | 3,111 | |
9903 |
15,637 | -46,836 | 2,887 | 2,078 | 14,244 | 31,972 | 4,337 | -1,849 | -2,991 | -2,449 | 540 | 2,898 | 728 | -12,805 | -6,261 | 2,647 | |
67/77 |
188 | 148 | 1,216 | 1,004 | 3,868 | 5,916 | - | - | - | - | - | - | - | - | 702 | - | |
9904 |
15,449 | -46,984 | 1,671 | 1,074 | 10,375 | 26,056 | 4,337 | -1,849 | -2,991 | -2,449 | 540 | 2,898 | 728 | -12,805 | -6,963 | 2,647 | |
9905 |
15,449 | -46,984 | 1,671 | 1,074 | 10,375 | 26,056 | 4,337 | -1,849 | -2,991 | -2,449 | 540 | 2,898 | 728 | -12,805 | -6,963 | 2,647 | |
| Appropriation of the result | |||||||||||||||||
9906 |
-31,535 | -46,984 | 2,071 | 1,449 | 10,375 | 8,289 | -17,767 | -22,104 | -20,255 | -17,265 | -14,815 | -15,355 | -18,253 | -19,768 | -6,963 | 2,647 | |
14P |
-46,984 | - | 399 | 375 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 787 | - | - | |
691/2 |
- | - | 2,071 | 1,050 | 5,000 | 289 | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | 2,071 | 1,050 | 5,000 | 289 | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | 5,000 | 8,000 | - | - | - | - | - | - | - | - | - | - | |
694 |
- | - | - | - | 5,000 | 8,000 | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 08-03-2026 | 2026-00050354 | |
| 30-09-2024 | micro format | 17-03-2025 | 2025-00048875 | |
| 30-09-2023 | micro format | 07-03-2024 | 2024-00040359 | |
| 30-09-2022 | micro format | 13-03-2023 | 2023-00038543 | |
| 30-09-2021 | micro format | 15-02-2022 | 2022-05600016 | |
| 30-09-2020 | micro format | 17-03-2021 | 2021-07800223 | |
| 30-09-2019 | micro format | 24-03-2020 | 2020-07400354 | |
| 30-09-2018 | micro format | 30-04-2019 | 2019-11700528 | |
| 30-09-2017 | micro format | 27-02-2018 | 2018-05800431 | |
| 30-09-2016 | abbreviated format | 10-03-2017 | 2017-06100354 | |
| 30-09-2015 | abbreviated format | 29-03-2016 | 2016-08100478 | |
| 30-09-2014 | abbreviated format | 25-03-2015 | 2015-07400140 | |
| 30-09-2013 | abbreviated format | 26-03-2014 | 2014-07400355 | |
| 30-09-2012 | abbreviated format | 29-04-2013 | 2013-10600424 | |
| 30-09-2011 | abbreviated format | 21-02-2012 | 2012-04200258 | |
| 30-09-2010 | abbreviated format | 25-02-2011 | 2011-04500526 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 36,442 | -31,226 | 11,915 | 4,824 | 13,677 | 36,481 | 8,957 | 3,366 | 2,156 | 2,522 | 1,503 | 4,465 | 973 | -8,962 | -2,339 | 7,486 | ||
| 32,726 | -33,642 | 9,049 | 3,200 | 10,687 | 30,251 | 8,533 | 2,347 | 1,417 | 1,968 | 1,026 | 4,032 | 2,582 | -11,062 | -5,229 | 4,375 | ||
| 0 | 48,631 | 9,165 | 27,286 | 3,073 | 0 | 0 | 439 | 0 | 20,538 | 0 | 0 | 1,500 | 0 | 651 | 7,136 | ||
| 0 | 0 | -9,634 | -10,860 | 412 | - | - | - | 1,041 | -47 | -324 | -1,526 | - | - | - | - | ||
| -7,760 | -47,059 | 19,605 | 25,313 | 32,377 | 20,585 | 2,055 | -2,800 | -1,085 | 1,069 | 5,035 | 4,009 | -22 | -1,104 | 9,958 | 15,839 | ||
| -2.1% | -17.9% | 32.9% | 32.3% | 35.9% | 35.8% | 11.9% | -11.0% | 0.8% | 7.4% | 53.4% | 30.5% | 16.1% | 6.9% | 38.3% | 50.0% | ||
| 0.91 | 0.43 | 1.51 | 1.82 | 1.87 | 1.55 | 1.13 | 0.69 | 0.92 | 1.04 | 2.02 | 1.34 | 1.00 | 0.94 | 1.43 | 1.74 | ||
| 0.72 | 0.27 | 1.23 | 1.55 | 1.73 | 1.54 | 1.05 | 0.41 | 0.77 | 0.93 | 0.83 | 0.79 | 0.22 | 0.45 | 0.98 | 1.39 | ||
| - | - | 2.04 | 2.10 | 1.78 | 1.79 | 7.44 | - | - | 12.56 | 0.87 | 2.28 | 5.20 | 13.46 | 1.61 | 1.00 | ||
| - | - | 5.8% | 3.9% | 39.7% | 125.6% | 161.0% | - | - | -76.7% | 9.6% | 56.8% | 33.0% | -865.7% | -48.7% | 12.5% | ||
| 12.1% | -46.4% | 1.9% | 1.3% | 14.3% | 45.0% | 19.1% | -12.4% | -11.9% | -5.7% | 5.1% | 17.3% | 5.3% | -59.9% | -18.7% | 6.2% | ||
| 10.18 | -12.46 | 5.04 | 4.18 | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €48,631 | €9,165 | €27,286 |
| €17,277 | €13,342 | €7,377 | €2,126 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €19,165, after a loss of €44,568 in 2024. It is the highest result since 2020.
Equity is negative. Debt (€130,571) exceeds the balance-sheet total (€127,906).
PASCAL OOSTERLINCK & Partners has no parent and no holdings in its annual accounts. OOSTERLINCK Pascal Maurice is the only director. PASCAL OOSTERLINCK & Partners shares no director with another company.
| Maison Maïté
registered office since 21-03-2025 |
founded in 2025 1021.319.631 |
| Degroote, Cindy (sole trader)
establishment since 17-05-2015 |
founded in 2015 0588.851.861 |
| Oosterlinck, Pascal (sole trader)
establishment since 01-04-2004 |
founded in 2004 0864.629.294 |
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Grote steenweg 75 registered office 9840 Nazareth-De Pinte | 08-04-2009 | 2.177.349.201 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44079A0115/00R000 | 516 m² | 1 · 87 m² | 8.6 m · 2 |
If something looks wrong or is missing, please tell us.