PASCY DIRECT

Active

Private limited companyfounded 2008active for 18 yearsKeelstraat 68, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0895.706.017

Summary

The computed 12-month bankruptcy probability of PASCY DIRECT is 1.6% (moderate). The 2025 annual accounts show negative equity (-€51,158) and a net result of €25,374. Equity is shrinking by about 14% per year across the filed financial years. Its solvency ranks better than 9% of 17,033 sector peers (NACE 68, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

PASCY DIRECTActiveChecked score 56/100

Risk analysis Report Compare

Activity

Development of residential building projects

NACE 68121

1 site

Size

€196,438total assets 2025

Staff: 1 FTE
Equity: -€51,158
Profit: €25,374

Turnover not published (micro format)

Financial health

56 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.6%

Structure

MONETTE, Pascal GhislainDirector

2025 accounts filed 67 days late2 of 4 deeds summarised

Why 56raises risk1 change of registered office in 24 monthsLast filed accounts filed 67 days late; 3 of the last 3 lateNegative equity -€51,158lowers riskLiquidity: current ratio 0.64, cash €98,182Show the evidence

Checked score

Score 2025

56 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 54% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 0=

equity -26.0% of total assets

Liquidity 50=

short-term debt 120.6% · cash 50.0%

Profitability 85-4

return on assets 12.9%

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,613 companies, NACE 68, micro)

Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.1%▼ -0.1 percentage points vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.0%▼ -0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.1 percentage points vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 0.7%▼ -0.4 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.6%▼ -0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026lowest value 06-2026: 1.3%▲ +0.7 percentage points vs 05-2026 07-2026: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.2 percentage points vs 07-2026 09-2026: 1.7%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 1.6%▼ -0.1 percentage points vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.64, compared with 0.47 in 2024, below 1; short-term debt: 120.6% and cash: 50% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 5% on solvency, 49% on liquidity, 82% on profitability and 81% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

1 change of registered office in 24 months

Belgian Official Gazette

Last filed accounts filed 67 days late; 3 of the last 3 late

NBB · filings

Negative equity -€51,158

NBB · annual accounts

Liquidity: current ratio 0.64, cash €98,182

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 17033 sector peers (2025).

NBB · sector comparison

Position among 17033 sector peers

Solvency

better than 9%

← weakest strongest →

2025 accounts filed 67 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-10-2026, 67 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

67 days late

2024

48 days late

2023

84 days late

2022

65 days late

2021

75 days late

2020

83 days late

2019

102 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 75 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 October (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

06-10-2026 Annual accounts filedfinancial year 2025 · micro…
08-05-2026 Registered officeRegistered-office move
17-09-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€51,158 View
Caution: Among the weakest 10% on solvencysector median 29.0% · 17,033 companies -26.0% View
Caution: Latest accounts filed lateafter the legal deadline 67 days View

By topic

Financials

Financial year: 2025
Total assets: €196,438
Profit: €25,374
Solvency: -26.0%

Total assets▲ 120%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member

MONETTE, Pascal GhislainDirector

Go to Board & ownership

Timeline

Events: 23
Since: 2009
Next accounts: by 31-07-2027

22-01-2025Resignation: MONETTE,Pascal Ghislain (manager)
31-12-2024Back to profit
23-10-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Development of residential building projectsNACE 68121
Founded: 17-01-2008
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 32

Who signs: Each director alone
Purpose: “Verhuur en handel in onroerende goederen:; 1.projectontwikkeling,omvattende onder meer de…” (deed in Dutch)

Go to Articles of association

Key facts about PASCY DIRECT

What is the company number of PASCY DIRECT?: 0895.706.017. In Belgium the VAT number is the company number with BE in front: BE 0895.706.017.
Where is PASCY DIRECT based?: The registered office is at Keelstraat 68, 3800 Sint-Truiden.Company details
What does PASCY DIRECT do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of PASCY DIRECT?: Private limited company (BV).
When was PASCY DIRECT founded?: On 17-01-2008.
Is PASCY DIRECT still active?: Yes, PASCY DIRECT is an active enterprise in the KBO register.
How many employees does PASCY DIRECT have?: On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PASCY DIRECT?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is PASCY DIRECT profitable?: In financial year 2025, PASCY DIRECT made a profit of €25,374.
Where can I find the annual accounts of PASCY DIRECT?: PASCY DIRECT filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PASCY DIRECT due?: By 31-07-2027, for financial year 2026.Timeline