Vanneste Pascal Industrial
ActiveVanneste Pascal Industrial has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €4k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 1294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 74.88 against 55.3 in 2024; short-term debt: 1.3% and cash: 97% of total assets), and 1.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.7%
Return on assets
2.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
6 d late
2023
10 d late
2022
9 d late
2021
16 d late
2020
17 d late
2019
29 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€173k▲ 2.6%
2024 · €168k
2018: €81k
2019: €102k
2020: €126k
2021: €142k
2022: €155k
2023: €160k
2024: €168k
2018 → 2025
Total assets
€175k▲ 2.2%
2024 · €171k
2018: €101k
2019: €110k
2020: €135k
2021: €147k
2022: €159k
2023: €163k
2024: €171k
2018 → 2025
Net result
€4k▼ 44.7%
2024 · €8k
2018: €44k
2019: €21k
2020: €24k
2021: €16k
2022: €13k
2023: €5k
2024: €8k
2018 → 2025
Working capital
€169k▲ 4.0%
2024 · €163k
2018: €78k
2019: €99k
2020: €114k
2021: €133k
2022: €149k
2023: €157k
2024: €163k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€142k-€155k▲ 9.2%€160k▲ 3.2%€168k▲ 5.0%€173k▲ 2.6%
Operating result€22k-€17k▼ 22.7%€8k▼ 49.7%€8k▲ 0.1%€8k▼ 3.7%
Net result€16k-€13k▼ 19.1%€5k▼ 62.4%€8k▲ 64.0%€4k▼ 44.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175k
Fixed assets
€3k▼ 37.8%
Current assets
€172k▲ 3.5%
Equity and liabilities €175k
Equity
€173k▲ 2.6%
Debt
€2k▼ 23.5%
The debt ratio falls from 1.7% to 1.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▼
2024 · €11k
Cash flow
€7k▼
2024 · €11k
Solvency
98.7%▲
2024 · 98.3%
Current ratio
74.88▲
2024 · 55.30
Quick ratio
74.18▲
2024 · 54.67
Debt / equity
0.01▼
2024 · 0.02
ROE
2.6%▼
2024 · 4.8%
ROA
2.5%▼
2024 · 4.7%
Interest coverage
64.46▼
2024 · 72.23
Debt
€2k▼
2024 · €3k
Debt ≤ 1 year
€2k▼
2024 · €3k
Income taxes
€3k▲
2024 · €144
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€171k€175k▲
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€166k€172k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41-€248
Trade receivables40-€248
Cash at bank and in hand54/58€164k€170k▲
Equity and liabilities
Total equity and liabilities10/49€171k€175k▲
Equity10/15€168k€173k▲
Contributions10/11€54k€54k=
Reserves13€29k€29k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€86k€90k▲
Amounts payable17/49€3k€2k▼
Amounts payable within one year42/48€3k€2k▼
Trade debts44€373€269▼
Suppliers440/4€373€269▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€1k€402▼
Remuneration and social security454/9€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€12k€11k▼
Operating profit (loss)9901€8k€8k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€155€158▲
Recurring financial charges65€155€158▲
Profit (loss) for the period before taxes9903€8k€8k▼
Income taxes67/77€144€3k▲
Profit (loss) for the period9904€8k€4k▼
Profit (loss) for the period to be appropriated9905€8k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€86k€90k▲
Profit (loss) brought forward from the previous period14P€78k€86k▲
The notes to these accounts (4 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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Weakest financial yearnet €4k ▼44.7%
Net result drops to €4k, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
10-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 10 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Equity above €150kEq €155k ▲9.2%
5 profitable years in a row build equity to €155k.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 12.71
Current ratio from 4.89 to 12.71; short-term debt falls from €20k to €8k.
31-12
Financial
Equity above €100kEq €102k ▲26.6%
2 profitable years in a row build equity to €102k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wingene · 1 establishment unit since 1993
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.
Blauwhuisstraat 138750 WingeneGround area
397 m²
Building footprint
191 m²
Volume, LiDAR
905 m³
Parcel 37018D0028/00K000, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Vanneste Pascal Industrial
since 19932.062.003.828
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018D0028/00K000 | Flanders | 397 m² | 1 · 190 m² | 8.9 m · 1 fl. |
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.
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HYBRIDTECH
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DIGIMOW
BE 0734.478.456
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TECH TALENT PROJECTS
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Of 3,716 companies in sector 33120 we hold annual accounts for 1,341. 1,128 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-1993
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.