PASCAL VERSTRAETE
ActivePASCAL VERSTRAETE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €3k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 7293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-38
Solvency98▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.25 against 2.32 in 2024), and 40.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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 2025Solvency, return and age of the figures
Solvency
59.6%
Return on assets
2.4%
Age of the figures
8 mo
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
19 d early
2023
21 d early
2022
9 d late
2021
19 d late
2020
69 d late
2019
70 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€85k▲ 4.1%
2024 · €81k
2018: €53k
2019: €49k
2020: €52k
2021: €52k
2022: €63k
2023: €72k
2024: €81k
2018 → 2025
Total assets
€142k▲ 7.9%
2024 · €132k
2018: €98k
2019: €93k
2020: €90k
2021: €96k
2022: €110k
2023: €178k
2024: €132k
2018 → 2025
Net result
€3k▼ 64.2%
2024 · €9k
2018: €-5k
2019: €-4k
2020: €3k
2021: €385
2022: €11k
2023: €9k
2024: €9k
2018 → 2025
Working capital
€72k▲ 7.8%
2024 · €66k
2018: €33k
2019: €41k
2020: €44k
2021: €42k
2022: €46k
2023: €59k
2024: €66k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€63k▲ 20.4%€72k▲ 14.4%€81k▲ 13.0%€85k▲ 4.1%
Operating result€762-€14k▲ 1,765%€11k▼ 20.2%€12k▲ 5.9%€4k▼ 63.5%
Net result€385-€11k▲ 2,668%€9k▼ 15.1%€9k▲ 3.6%€3k▼ 64.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 63% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€13k▼ 12.1%
Current assets
€129k▲ 10.4%
Equity and liabilities €142k
Equity
€85k▲ 4.1%
Debt
€57k▲ 13.9%
The debt ratio rises from 38.3% to 40.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€11k▼
2024 · €18k
Cash flow
€10k▼
2024 · €15k
Solvency
59.6%▼
2024 · 61.7%
Current ratio
2.25▼
2024 · 2.32
Quick ratio
1.71▲
2024 · 1.45
Debt / equity
0.68▲
2024 · 0.62
ROE
4.0%▼
2024 · 11.5%
ROA
2.4%▼
2024 · 7.1%
Interest coverage
81.64▲
2024 · 55.19
Debt
€57k▲
2024 · €50k
Debt ≤ 1 year
€57k▲
2024 · €50k
Income taxes
€1k▼
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€132k€142k▲
Fixed assets21/28€15k€13k▼
Tangible fixed assets22/27€15k€13k▼
Plant, machinery and equipment23€1k€5k▲
Furniture and vehicles24€13k€8k▼
Current assets29/58€117k€129k▲
Amounts receivable after more than one year29€10k-
Trade receivables290€10k-
Stocks and contracts in progress3€44k€31k▼
Stocks30/36€15k€16k▲
Contracts in progress37€29k€15k▼
Amounts receivable within one year40/41€54k€83k▲
Trade receivables40€50k€74k▲
Other amounts receivable41€3k€9k▲
Cash at bank and in hand54/58€6k€14k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€132k€142k▲
Equity10/15€81k€85k▲
Contributions10/11€19k€19k=
Reserves13€62k€66k▲
Distributable reserves133€62k€66k▲
Profit (loss) carried forward14€731-
Amounts payable17/49€50k€57k▲
Amounts payable within one year42/48€50k€57k▲
Trade debts44€24k€45k▲
Suppliers440/4€24k€45k▲
Taxes, remuneration and social security45€19k€2k▼
Taxes450/3€19k€2k▼
Other amounts payable47/48€8k€10k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€19k€13k▼
Operating profit (loss)9901€12k€4k▼
Financial income75/76B€395€225▼
Recurring financial income75€395€225▼
Financial charges65/66B€323€136▼
Recurring financial charges65€323€136▼
Profit (loss) for the period before taxes9903€12k€4k▼
Income taxes67/77€3k€1k▼
Profit (loss) for the period9904€9k€3k▼
Profit (loss) for the period to be appropriated9905€9k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€4k▼
Profit (loss) brought forward from the previous period14P€360€731▲
Transfer to equity691/2€9k€4k▼
To other reserves6921€9k€4k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Highest result since 2018net €11k ▲2668%
Operating result €14k, net result €11k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 69 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Poperinge · 1 establishment unit since 2016
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.
Wijngaardstraat 18972 PoperingeGround area
2,084 m²
Building footprint
282 m²
Volume, LiDAR
1,380 m³
Parcel 33024A0939/00W000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PASCAL VERSTRAETE
since 20162.249.852.741
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33024A0939/00W000 | Flanders | 2,084 m² | 1 · 282 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
ALBASS
BE 0782.372.504
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AB Empire
BE 0756.647.015
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LcqA
BE 0543.507.826
Enghien · Eq €85k
GEBR. K&S VAN DEN BUYS
BE 0892.020.314
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PUBRO X
BE 0846.407.845
Herentals · Eq €85k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 13,032 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.