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PASTEL DEVELOPMENT

Active Private limited companyfounded 2023active for 3 yearsAkenkaai 58, 1000 BrusselsKBO/BCE: BE 0804.677.950

Lifetime

1 annual account with figures
peak €153,341 (2024)
€153,341 
peak €24,698 (2024)
€24,698 
peak €174,698 (2024)
€174,698 
€635,081 
Board1 name since 2023
1 director
Documentsfilings and deeds
16-12-2025138 days late
2024micro format
First year with figures

Key points

from the 2024 annual accounts

Turnover

≈ €380,000 estimated

The micro format states no turnover.

Debts

€635,081 78% of the balance sheet
Financial debts 76%Taxes and wages 1%Other 23%

Of this, €155,493 falls due within a year.

2024 accounts filed 138 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 896 companies had the same profile as PASTEL DEVELOPMENT has now. Each dot stands for 3 companies, two years later.

98.1%
were still trading
0.7%
stopped another way
1.1%
went bankrupt
  • Small
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 896 companies, not a prediction for PASTEL DEVELOPMENT. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 09-08-2023
  • founderdeed of 11-08-2023
Board & ownership

Recent changes

Incorporation Founding capital of €150,000, 100 shares · Founder: · Appointment: (director) · published on 11-08-2023 · Gazette deed
All 2 events

Official details

Source: KBO
Status
Active since 09-08-2023Normal situation
Registered office
13 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 12 November 2026.
Activity
“Toutes opérations immobilières et foncières quelconques,y compris celles se rapportant à tous droits réels…” (deed in French)From the articles, 14 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2024

€809,779
Filing
Filed on 16-12-2025
Financials

Insights on PASTEL DEVELOPMENT

The 2024 annual accounts show equity of €174,698 and a net result of €24,698, with €186,327 of non-recurring income. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PASTEL DEVELOPMENT

What is the company number of PASTEL DEVELOPMENT?
The company number of PASTEL DEVELOPMENT is 0804.677.950. The VAT number is the same number with BE in front: BE 0804.677.950.
Where is PASTEL DEVELOPMENT based?
The registered office is at Akenkaai 58, 1000 Brussels.Company details
What is the legal form of PASTEL DEVELOPMENT?
PASTEL DEVELOPMENT is a private limited company (BV).
When was PASTEL DEVELOPMENT founded?
PASTEL DEVELOPMENT was founded on 09-08-2023.
Is PASTEL DEVELOPMENT still active?
Yes, PASTEL DEVELOPMENT is an active enterprise in the KBO register.
What is the turnover of PASTEL DEVELOPMENT?
The turnover in financial year 2024 is ≈ €380,000. This figure is estimated from the gross margin of €153,341 and 2,204 comparable companies of the same size. It probably lies between €260,000 and €590,000. It is a rough estimate.Financials
Is PASTEL DEVELOPMENT profitable?
In financial year 2024, PASTEL DEVELOPMENT made a profit of €24,698.
Where can I find the annual accounts of PASTEL DEVELOPMENT?
PASTEL DEVELOPMENT filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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