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SACRE PASCAL

Active
Private limited companyfounded 2009active for 17 yearsRue de Tarcienne(GER) 50, 6280 Gerpinnes, BelgiumKBO/BCE: BE 0811.825.068

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 28-07-2026 at the NBB all 17 filings

Turnover
≈ €150,000
Estimated: probably between €120,000 and €190,000
EBIT margin
Not included in this filing
Net result
€45,734▲ 203%
2024 · €15,102
Working capital
€21,065
2024 · -€2,456
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 140% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Operating result€58,825 2025 Net result€45,734 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Human health activities (NACE 86). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€13,765-€10,828▼ 21.3%€59,076▲ 446%€6,871▼ 88.4%€19,169▲ 179%€2,263▼ 88.2%€24,558▲ 985%€58,825▲ 140%
Net result-€71,495-€12,240€58,449within the sector's middle half▲ 378%€6,212below the sector's middle half▼ 89.4%€17,745below the sector's middle half▲ 186%€440below the sector's middle half▼ 97.5%€15,102below the sector's middle half▲ 34×€45,734within the sector's middle half▲ 203%
Equity€12,479-€24,719▲ 98.1%€83,168within the sector's middle half▲ 236%€89,380within the sector's middle half▲ 7.5%€97,126within the sector's middle half▲ 8.7%€47,566within the sector's middle half▼ 51.0%€33,702below the sector's middle half▼ 29.1%€64,334within the sector's middle half▲ 90.9%
Total assets€76,348-€79,665▲ 4.3%€112,962below the sector's middle half▲ 41.8%€120,243below the sector's middle half▲ 6.4%€139,440below the sector's middle half▲ 16.0%€99,116below the sector's middle half▼ 28.9%€93,913below the sector's middle half▼ 5.2%€110,050below the sector's middle half▲ 17.2%
Debt€63,870-€54,946▼ 14.0%€29,794▼ 45.8%€30,862▲ 3.6%€42,314▲ 37.1%€51,551▲ 21.8%€60,211▲ 16.8%€45,715▼ 24.1%
Working capital-€47,241--€22,291▲ 52.8%€41,126within the sector's middle half€51,824within the sector's middle half▲ 26.0%€46,816within the sector's middle half▼ 9.7%€5,011below the sector's middle half▼ 89.3%-€2,456below the sector's middle half€21,065within the sector's middle half
Solvency16.3%-31.0%▲ 14.7pp73.6%within the sector's middle half▲ 42.6pp74.3%within the sector's middle half▲ 0.7pp69.7%within the sector's middle half▼ 4.7pp48.0%within the sector's middle half▼ 21.7pp35.9%below the sector's middle half▼ 12.1pp58.5%within the sector's middle half▲ 22.6pp
Current ratio0.26-0.59▲ 0.332.38within the sector's middle half▲ 1.792.68within the sector's middle half▲ 0.303.42within the sector's middle half▲ 0.741.14below the sector's middle half▼ 2.280.95below the sector's middle half▼ 0.191.46within the sector's middle half▲ 0.51
Return on assets (ROA)-93.6%-15.4%▲ 109.0pp51.7%above the sector's middle half▲ 36.4pp5.2%below the sector's middle half▼ 46.6pp12.7%within the sector's middle half▲ 7.6pp0.4%below the sector's middle half▼ 12.3pp16.1%within the sector's middle half▲ 15.6pp41.6%above the sector's middle half▲ 25.5pp
Staff (FTE)0.3-0.3=0.3below the sector's middle half=
above within below The sector band is the middle half of the companies in Human health activities (NACE 86). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €110,050
Fixed assets €43,269 ▼ 6.7%
Current assets €66,780 ▲ 40.5%
Equity and liabilities €110,050
Equity €64,334 ▲ 90.9%
Debt €45,715 ▼ 24.1%
Debt's share of the balance-sheet total falls from 64.1% to 41.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€66,669▲
2024 · €37,464
Cash flow
€53,578▲
2024 · €28,008
Debt to equity
0.71▼
2024 · 1.79
ROE
71.1%▲
2024 · 44.8%
Interest coverage
72.46▲
2024 · 11.57
Debt ≤ 1 year
€45,715▼
2024 · €49,995
Income taxes
€12,307▲
2024 · €6,218
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as SACRE PASCAL: specialist medical practice (NACE 86220). They are comparable in size and age: total assets between €87,500 and €129,000, founded between 2007 and 2011.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
SACRE PASCAL Gerpinnes2009€110,050€64,334€66,844€45,7342025
CENTRE DE GYNECOLOGIE ET D'OBSTETRIQUE DU DOCTEUR PATRICK EMONTS Liège2008€115,567€67,347€68,635€38,8232025
JEROME ROUSSEAUX Namur2009€126,147€52,477€67,003€33,6252025
SMET ISABELLE Charleroi2011€87,516€37,100€69,594€49,8842025
DOCTEUR LIONEL DUCK Grez-Doiceau2007€127,116€71,541€69,026€24,8032025
Dr. Klaartje Kennes Halen2010€129,323€99,665€72,449€32,4992025
MITITELU MEDICAL Wavre2010€120,918€107,288€58,332€32,3392025

They were chosen from the 8,159 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 34,693 companies had the same profile as SACRE PASCAL has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% was still going

That fits the bankruptcy probability of SACRE PASCAL itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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 3.0% 3.1%
10 5.6% 6.2%

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 34,693 companies, not a prediction for SACRE PASCAL. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines

Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€93,913€110,050▲
Fixed assets21/28€46,373€43,269▼
Tangible fixed assets22/27€46,373€43,269▼
Plant, machinery and equipment23€24,358€21,040▼
Furniture and vehicles24€22,015€22,230▲
Current assets29/58€47,540€66,780▲
Cash at bank and in hand54/58€34,540€55,465▲
Deferred charges and accrued income490/1€13,000€11,315▼
Equity and liabilities
Total equity and liabilities10/49€93,913€110,050▲
Equity10/15€33,702€64,334▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14€15,102€45,734▲
Amounts payable17/49€60,211€45,715▼
Amounts payable after more than one year17€10,216-
Financial debts170/4€10,216-
Amounts payable within one year42/48€49,995€45,715▼
Current portion of amounts payable after more than one year42€6,508-
Trade debts44€4,448€1,836▼
Suppliers440/4€4,448€1,836▼
Taxes, remuneration and social security45€4,493€1,266▼
Taxes450/3€1,819€1,266▼
Remuneration and social security454/9€2,674-
Other amounts payable47/48€34,546€42,613▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,906€7,844▼
Other operating charges640/8€374€175▼
Gross operating margin9900€37,838€66,844▲
Operating profit (loss)9901€24,558€58,825▲
Financial income75/76B-€137
Recurring financial income75-€137
Financial charges65/66B€3,239€920▼
Recurring financial charges65€3,239€920▼
Profit (loss) for the period before taxes9903€21,320€58,042▲
Income taxes67/77€6,218€12,307▲
Profit (loss) for the period9904€15,102€45,734▲
Profit (loss) for the period to be appropriated9905€15,102€45,734▲
Appropriation of the result
Profit (loss) to be appropriated9906€44,068€60,836▲
Profit (loss) brought forward from the previous period14P€28,966€15,102▼
Profit to be distributed694/7€28,966€15,102▼
Return on contributions (dividend)694€28,966€15,102▼

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,882€13,389€13,966€7,395€11,126€14,032€12,906€7,844▼ 39.2%
Other operating charges640/8---€376€646€378€374€175▼ 53.2%
Non-recurring operating charges66A----€14,945€10,500---
Gross operating margin9900€45,019€37,840€82,581€14,642€45,886€27,173€37,838€66,844▲ 76.7%
Operating profit (loss)9901€13,765€10,828€59,076€6,871€19,169€2,263€24,558€58,825▲ 140%
Financial income75/76B-------€137-
Recurring financial income75€6€54€11----€137-
Financial charges65/66B---€230€928€1,450€3,239€920▼ 71.6%
Recurring financial charges65€85,098€508€254€230€928€1,450€3,239€920▼ 71.6%
Profit (loss) for the period before taxes9903-€71,327€10,374€58,832€6,641€18,241€813€21,320€58,042▲ 172%
Income taxes67/77€168-€1,866€383€429€496€373€6,218€12,307▲ 97.9%
Profit (loss) for the period9904-€71,495€12,240€58,449€6,212€17,745€440€15,102€45,734▲ 203%
Profit (loss) for the period to be appropriated9905-€71,495€12,240€58,449€6,212€17,745€440€15,102€45,734▲ 203%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€76,348€79,665€112,962€120,243€139,440€99,116€93,913€110,050▲ 17.2%
Fixed assets21/28€59,719€47,010€42,042€37,557€73,311€59,279€46,373€43,269▼ 6.7%
Intangible fixed assets21--€1,867------
Tangible fixed assets22/27€59,719€47,010€40,175€37,557€73,311€59,279€46,373€43,269▼ 6.7%
Plant, machinery and equipment23---€31,168€30,993€27,676€24,358€21,040▼ 13.6%
Furniture and vehicles24---€6,388€42,318€31,603€22,015€22,230▲ 1.0%
Current assets29/58€16,629€32,655€70,920€82,686€66,129€39,837€47,540€66,780▲ 40.5%
Amounts receivable within one year40/41€1,159€0€217-€5,823----
Trade receivables40----€1,310----
Other amounts receivable41----€4,513----
Cash at bank and in hand54/58€13,536€30,934€68,887€64,400€44,019€27,551€34,540€55,465▲ 60.6%
Deferred charges and accrued income490/1---€18,287€16,287€12,287€13,000€11,315▼ 13.0%
Equity and liabilities
Total equity and liabilities10/49€76,348€79,665€112,962€120,243€139,440€99,116€93,913€110,050▲ 17.2%
Equity10/15€12,479€24,719€83,168€89,380€97,126€47,566€33,702€64,334▲ 90.9%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860----
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Profit (loss) carried forward14-€7,981€4,259€62,708€68,920€76,666€28,966€15,102€45,734▲ 203%
Amounts payable17/49€63,870€54,946€29,794€30,862€42,314€51,551€60,211€45,715▼ 24.1%
Amounts payable after more than one year17----€23,001€16,724€10,216--
Financial debts170/4----€23,001€16,724€10,216--
Amounts payable within one year42/48€63,870€54,946€29,794€30,862€19,313€34,827€49,995€45,715▼ 8.6%
Current portion of amounts payable after more than one year42----€6,053€6,277€6,508--
Trade debts44€2,952€190€2,866€17,681€8,972€11,337€4,448€1,836▼ 58.7%
Suppliers440/4---€17,681€8,972€11,337€4,448€1,836▼ 58.7%
Taxes, remuneration and social security45---€3,989€4,288€373€4,493€1,266▼ 71.8%
Taxes450/3---€429€925€373€1,819€1,266▼ 30.4%
Remuneration and social security454/9---€3,559€3,363-€2,674--
Other amounts payable47/48---€9,193-€16,840€34,546€42,613▲ 23.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€71,495€12,240€58,449€6,212€17,745€440€15,102€45,734▲ 203%
+ Depreciation and write-downs630€15,882€13,389€13,966€7,395€11,126€14,032€12,906€7,844▼ 39.2%
Operating cash flow (approximation)-€55,613€25,629€72,415€13,607€28,872€14,472€28,008€53,578▲ 91.3%
Investment in fixed assets (approximation)--€679-€8,998-€2,910-€46,881€0€0-€4,740-
Change in cash-€17,397€37,953-€4,487-€20,380-€16,468€6,989€20,925▲ 199%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 28-07-2026 2026-00351790 NBB
31-12-2024 micro format 31-07-2025 2025-00356638 PDF
31-12-2023 micro format 29-07-2024 2024-00307327 PDF
31-12-2022 micro format 27-07-2023 2023-00298307 PDF
31-12-2021 micro format 26-07-2022 2022-20248268 PDF
31-12-2020 micro format 05-07-2021 2021-30700274 PDF
31-12-2019 micro format 14-09-2020 2020-53300186 PDF
31-12-2018 full format 29-08-2019 2019-56200283 PDF
31-12-2017 full format 21-08-2018 2018-47900601 PDF
31-12-2016 full format 04-08-2017 2017-41300303 PDF

Show all 17 filings

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