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PACRE

Active
Private limited company (pre-2019)founded 201412 yrs activeKeerkringenlaan 9, 1190 Vorst, BelgiumKBO/BCE: BE 0544.468.324

PACRE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €11k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 56% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
87 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+58
Solvency87▼-13
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.76 against 15.71 in 2024; short-term debt: 36.2% and cash: 22.5% of total assets), and 37.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.3%
Return on assets
30.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 d early
2024
2 d early
2023
32 d early
2022
21 d early
2021
20 d early
2020
24 d early
2019
3 d early
← 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 months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€23k▲ 5.7%
2024 · €22k
2018: €20k 2019: €20k 2020: €20k 2021: €20k 2022: €20k 2023: €21k 2024: €22k
2018 → 2025
Total assets
€37k▲ 55.7%
2024 · €24k
2018: €280k 2019: €263k 2020: €261k 2021: €262k 2022: €241k 2023: €110k 2024: €24k
2018 → 2025
Net result
€11k▲ 2,380%
2024 · €453
2018: €23k 2019: €34k 2020: €29k 2021: €36k 2022: €21k 2023: €744 2024: €453
2018 → 2025
Working capital
€23k▲ 6.1%
2024 · €22k
2018: €249k 2019: €226k 2020: €229k 2021: €221k 2022: €216k 2023: €108k 2024: €22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€20k-€20k=€21k▲ 3.6%€22k▲ 2.1%€23k▲ 5.7%
Operating result€47k-€28k▼ 41.3%€3k▼ 90.8%€997▼ 61.2%€15k▲ 1,449%
Net result€36k-€21k▼ 42.1%€744▼ 96.4%€453▼ 39.1%€11k▲ 2,380%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €47k€47kNet result 2021: €36k€36kOperating result 2022: €28k€28kNet result 2022: €21k€21kOperating result 2023: €3k€3kNet result 2023: €744€744Operating result 2024: €997€997Net result 2024: €453€453Operating result 2025: €15k€15kNet result 2025: €11k€11k20212022202320242025
The operating result recovers in 2025; 2025 is 1,449% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €37k
Equity €23k▲ 5.7%
Debt €14k▲ 617%
The debt ratio rises from 8.2% to 37.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Solvency
62.3%
2024 · 91.8%
Current ratio
2.76
2024 · 15.71
Quick ratio
2.76
2024 · 15.71
Debt / equity
0.60
2024 · 0.09
ROE
49.1%
2024 · 2.1%
ROA
30.6%
2024 · 1.9%
Debt
€14k
2024 · €2k
Debt ≤ 1 year
€13k
2024 · €2k
Debt > 1 year
€550
2024 · €431
Income taxes
€4k
2024 · €474
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€24k€37k
Current assets29/58€24k€37k
Amounts receivable after more than one year29-€28k
Other amounts receivable291-€28k
Amounts receivable within one year40/41€1k-
Other amounts receivable41€1k-
Cash at bank and in hand54/58€22k€8k
Deferred charges and accrued income490/1€420€470
Equity and liabilities
Total equity and liabilities10/49€24k€37k
Equity10/15€22k€23k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€1k€2k
Amounts payable17/49€2k€14k
Amounts payable after more than one year17€431€550
Financial debts170/4€431€550
Amounts payable within one year42/48€2k€13k
Trade debts44€465€43
Suppliers440/4€465€43
Taxes, remuneration and social security45€1k€3k
Taxes450/3€1k€3k
Other amounts payable47/48-€10k
Income statement Code20242025
Other operating charges640/8€597€574
Gross operating margin9900€2k€16k
Operating profit (loss)9901€997€15k
Financial charges65/66B€70€106
Recurring financial charges65€70€106
Profit (loss) for the period before taxes9903€927€15k
Income taxes67/77€474€4k
Profit (loss) for the period9904€453€11k
Profit (loss) for the period to be appropriated9905€453€11k
Appropriation of the result
Profit (loss) to be appropriated9906€1k€12k
Profit (loss) brought forward from the previous period14P€744€1k
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €453 ▼39.1%
Net result drops to €453, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity times 8current ratio 85.16
Current ratio from 10.14 to 85.16; short-term debt falls from €24k to €1k.
10-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €36k ▲25.6%
Operating result €47k, net result €36k, both a record.
07-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
08-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
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
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, Vorst · 2 establishment units since 2014
establishment All 2 establishment units on the map
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.

Keerkringenlaan 91190 Vorst
Ground area
630 m²
Building footprint
521 m²
Volume, LiDAR
8,078 m³
2 parcels, Brussels, Flanders · tallest building 25.0 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
PACRE
Burg. Frans Desmidtplein 5, 8300 Knokke-HeistBusiness consulting
since 20142.225.700.830
PACRE
Keerkringenlaan 9, 1190 VorstBusiness consulting
since 20142.225.700.929
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
31332F0094/00B000 Flanders 456 m² 1 · 431 m² 25.0 m · 6 fl.
21382C0276/00S005 Brussels 174 m² 1 · 90 m² 13.4 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 31,970 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded16-01-2014
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.