PASCUAL GROUP
ActiveSummary
PASCUAL GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.73M and a net result of €564k. Equity is shrinking by ~14.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 37% of 5527 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
20 d late
2022
4 d early
2021
68 d early
2020
31 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.73M▲ 26.1%
2024 · €2.17M
2018: €16.61M
2019: €16.70M
2020: €14.28M
2021: €14.31M
2022: €16.60M
2023: €10.18M
2024: €2.17M
2018 → 2025
Net result
€564k▲ 59.1%
2024 · €355k
2018: €47k
2019: €87k
2020: €53k
2021: €68k
2022: €7.52M
2023: €-6.42M
2024: €355k
2018 → 2025
Total assets
€7.46M▼ 34.6%
2024 · €11.40M
2018: €17.07M
2019: €17.50M
2020: €17.14M
2021: €16.71M
2022: €16.67M
2023: €11.16M
2024: €11.40M
2018 → 2025
Solvency
36.6%▲ 17.6pp
2024 · 19.0%
2018: 97.3%
2019: 95.4%
2020: 83.3%
2021: 85.6%
2022: 99.6%
2023: 91.3%
2024: 19.0%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14.31M-€16.60M▲ 16.0%€10.18M▼ 38.6%€2.17M▼ 78.7%€2.73M▲ 26.1%
Operating result€100k-€31k▼ 69.4%€-341k€412k€1.12M▲ 172%
Net result€68k-€7.52M▲ 10,968%€-6.42M€355k€564k▲ 59.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 172% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.46M
Fixed assets
€4.84M ▼ 0.7%
Current assets
€2.62M ▼ 59.8%
Equity and liabilities €7.46M
Equity
€2.73M ▲ 26.1%
Debt
€4.73M ▼ 48.8%
Debt's share of the balance-sheet total falls from 81.0% to 63.4%. Equity is higher and debt is lower.
Key figures and ratios
ROE
20.7%▲
2024 · 16.4%
ROA
7.6%▲
2024 · 3.1%
Debt ≤ 1 year
€4.72M▼
2024 · €9.21M
Income taxes
€553k▲
2024 · €88k
Staff costs
€286k▼
2024 · €312k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€11.40M€7.46M▼
Fixed assets21/28€4.87M€4.84M▼
Intangible fixed assets21€27k€12k▼
Tangible fixed assets22/27€433k€416k▼
Plant, machinery and equipment23€182k€100k▼
Furniture and vehicles24€247k€188k▼
Other tangible fixed assets26€5k€128k▲
Financial fixed assets28€4.41M€4.41M=
Current assets29/58€6.53M€2.62M▼
Stocks and contracts in progress3€42k€0▼
Stocks30/36€42k€0▼
Amounts receivable within one year40/41€2.44M€2.18M▼
Trade receivables40€156k€398k▲
Other amounts receivable41€2.28M€1.78M▼
Current investments50/53€3.60M€0▼
Cash at bank and in hand54/58€303k€341k▲
Deferred charges and accrued income490/1€149k€99k▼
Equity and liabilities
Total equity and liabilities10/49€11.40M€7.46M▼
Equity10/15€2.17M€2.73M▲
Contributions10/11€1.43M€1.43M=
Reserves13€208k€772k▲
Distributable reserves133€208k€772k▲
Profit (loss) carried forward14€532k€532k=
Amounts payable17/49€9.23M€4.73M▼
Amounts payable within one year42/48€9.21M€4.72M▼
Trade debts44€202k€190k▼
Suppliers440/4€202k€190k▼
Taxes, remuneration and social security45€198k€340k▲
Taxes450/3€158k€310k▲
Remuneration and social security454/9€41k€30k▼
Other amounts payable47/48€8.81M€4.19M▼
Accrued charges and deferred income492/3€26k€9k▼
Income statement
Code20242025
Non-recurring operating income76A€93k€418k▲
Remuneration, social security and pensions62€312k€286k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€184k€219k▲
Other operating charges640/8€148k€180k▲
Non-recurring operating charges66A€4k€0▼
Gross operating margin9900€1.06M€1.81M▲
Operating profit (loss)9901€412k€1.12M▲
Financial income75/76B€93k€68k▼
Recurring financial income75€93k€68k▼
Non-recurring financial income76B€0-
Financial charges65/66B€63k€73k▲
Recurring financial charges65€63k€73k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€443k€1.12M▲
Income taxes67/77€88k€553k▲
Profit (loss) for the period9904€355k€564k▲
Profit (loss) for the period to be appropriated9905€355k€564k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.46M€1.10M▼
Profit (loss) brought forward from the previous period14P€1.10M€532k▼
Transfer to equity691/2-€564k
To other reserves6921-€564k
Profit to be distributed694/7€927k€0▼
Return on contributions (dividend)694€927k€0▼
Social balance
Average headcount (FTE)90873.53.5=
The notes to these accounts (17 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
21-08
State Gazette act
General meeting · Permanent representative
Board composition
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €355k
Net result €355k after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet €-6.42M ▼185%
Net result drops to €-6.42M, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 6.34
Current ratio from 1.75 to 6.34.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €7.52M ▲10968%
Net result €7.52M, the highest in the series.
31-12
Financial
Liquidity times 25current ratio 1.75
Current ratio from 0.07 to 1.75; short-term debt falls from €2.39M to €72k.
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Gent · 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.
Wondelgemkaai 159000 GentGround area
3,685 m²
Building footprint
2,252 m²
Parcel 44813S0395/00P003, Flanders. Linked by address, not a title deed.
1 establishment unit
PASCUAL GROUP
since 20162.252.215.878
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813S0395/00P003 | Flanders | 3,685 m² | 1 · 2,252 m² | - |
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
MANTEA
BE 0860.010.611
Antwerpen · Eq €2,730,286
M. GRUYTERS HOLDING
BE 0640.744.980
Turnhout · Eq €2,730,274
ISABELLE COOREMAN
BE 0466.316.315
Asse · Eq €2,729,912
MCLS HOLDING
BE 0535.761.781
Lier · Eq €2,732,451
JWN
BE 0882.310.119
Temse · Eq €2,729,724
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 9,956 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.