The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength, FY 2022
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Incorporation
Founding capital of €1,000, 100 shares · Founders: Name after signing inVisible after signing in (general partner) and Name hiddenVisible after signing in (limited partner) · Appointment: Hidden nameVisible after signing in (director) · published on 12-10-2021 · Gazette deed
The 2022 annual accounts show equity of €16,487 and a net result of €15,487. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
micro format, filed on 29-03-2023, 32 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
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).
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2022
24,902
19,825
37,834
8,245
30.3%
1.65
2.30
93.9%
28.5%
37.43
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.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
30-09-2022
Tangible fixed assets
€37,834
€4,338
Source: notes to the 2022 annual accounts (statement of fixed assets)
Insights on Pascaligne
Debt's share of the balance-sheet total is 69.7%.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
1 name, the dashed line is today
20212022202320242025202620272028
Name after signing inVisible after signing in Director
Hidden nameVisible after signing ingecommanditeerde vennoot · 99 shares (99%) · €980 in cash
Name after signing inVisible after signing incommanditaire vennoot · 1 share (1%) · €20 in cash
Network & group
No group
Pascaligne has no parent and no holdings in its annual accounts. Name hiddenVisible after signing in is the only director. Pascaligne shares no director with another company.
At the same address
At the same address
These companies are registered at the seat of Pascaligne today. That says who is based there, not who owns the building.
IncorporationFounding capital of €1,000, 100 shares · Founders: Name hiddenVisible after signing in (general partner) and Hidden nameVisible after signing in (limited partner) · Appointment: Name after signing inVisible after signing in (director) · published on 12-10-20217 points ▸
Director appointment, Name hiddenVisible after signing in
Founder, Hidden nameVisible after signing in (general partner)
Founder, Name after signing inVisible after signing in (limited partner)
Founding capital, €1,000, 100 shares
Partner, Name hiddenVisible after signing in (general partner)
Partner, Hidden nameVisible after signing in (limited partner)
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
Pascaligne was incorporated on 8 October 2021 as a limited partnership by two natural persons, with a starting capital of €1,000.12The registered office was moved to Izegem in 2026.3Since 2021, Hidden nameVisible after signing in has served as director.4
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“Vermageren en figuurcorrectie; Voedingsadvies; Verkoop van gezondheids-, verzorging,- cosmetica- en afslankproducten; Aan- en verkoop van…”
12 activities
Vermageren en figuurcorrectie;
Voedingsadvies
Verkoop van gezondheids-, verzorging,- cosmetica- en afslankproducten
Aan- en verkoop van afslank- en stylingtoestellen;
Aan- en verkoop van keukentoestellen en diverse bijhorigheden;
De kleinhandel in alle natuurproducten, kruiden, drogisterij-, dieet- en algemene lichaamsverzorgingsartikelen en aanverwante producten; kortom alle producten, artikelen, materialen en toestellen voor lichaams-, huid- en haarverzorging en hun accessoires;
Aan- en verkoop via webshop van voedingswaren in het algemeen onder andere sportvoeding, voedingssupplementen, sportdranken;
Kleinhandel in voedingsproducten en dieetartikelen;