The Pace
ActiveSummary
The Pace has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €44,573 and a net result of €41,573. Its solvency ranks better than 60% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes
Profitability100
Solvency92
Growth-
Track record67
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.97; short-term debt: 32.8% and cash: 40.1% of total assets), and 32.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€44,573
Total assets
€66,328
Net result
€41,573
Working capital
€42,784
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €66,328
Fixed assets
€1,789
Current assets
€64,539
Equity and liabilities €66,328
Equity
€44,573
Debt
€21,755
Debt finances 32.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€55,135
Cash flow
€42,284
Current ratio
2.97
Debt to equity
0.49
ROE
93.3%
ROA
62.7%
Interest coverage
30.93
Debt ≤ 1 year
€21,755
Income taxes
€11,070
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €711 |
| Gross operating margin9900 | €55,135 |
| Operating profit (loss)9901 | €54,424 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €1,782 |
| Recurring financial charges65 | €1,782 |
| Profit (loss) for the period before taxes9903 | €52,642 |
| Income taxes67/77 | €11,070 |
| Profit (loss) for the period9904 | €41,573 |
| Profit (loss) for the period to be appropriated9905 | €41,573 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €66,328 | |
| Fixed assets21/28 | €1,789 | |
| Tangible fixed assets22/27 | €1,789 | |
| Furniture and vehicles24 | €1,789 | |
| Current assets29/58 | €64,539 | |
| Amounts receivable within one year40/41 | €22,976 | |
| Trade receivables40 | €22,976 | |
| Cash at bank and in hand54/58 | €26,575 | |
| Deferred charges and accrued income490/1 | €14,988 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €66,328 | |
| Equity10/15 | €44,573 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | €41,573 | |
| Amounts payable17/49 | €21,755 | |
| Amounts payable within one year42/48 | €21,755 | |
| Trade debts44 | €3,186 | |
| Suppliers440/4 | €3,186 | |
| Taxes, remuneration and social security45 | €17,345 | |
| Taxes450/3 | €17,345 | |
| Other amounts payable47/48 | €1,224 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €41,573 |
| + Depreciation and write-downs630 | €711 |
| Operating cash flow (approximation) | €42,284 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Leuven · 1 establishment unit since 2024
Ground area
361 m²
Building footprint
92 m²
Volume, LiDAR
489 m³
Parcel 24126D0282/00P007, Flanders · tallest building 9.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
The Pace
since 20242.356.382.693
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126D0282/00P007 | Flanders | 360 m² | 1 · 92 m² | 9.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
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BRAINIAC
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Les Bons Villers · Eq €44,577
RISE UP Management
BE 0781.786.544
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IDUSTRY
BE 0757.553.073
Jette · Eq €44,585
TRANSFORMATIONS AT WORK
BE 0885.920.992
Sint-Gillis (bij-Brussel) · Eq €44,587
Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 37,454 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.