VERLINDEN PASCAL
ActiveThe annual accounts of VERLINDEN PASCAL for fiscal year 2024 show a net loss of 95% of the equity at the start of that year. The 2024 annual accounts show equity of €708 and a net result of €-13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 36375 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
27
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-71
Solvency26▼-30
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.03 against 1.49 in 2023; short-term debt: 97% of total assets), and 98.5% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
1.5%
Return on assets
-27.4%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 10%
← weakest
strongest →
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
29 d late
2022
30 d late
2021
159 d late
2020
88 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€708▼ 94.9%
2023 · €14k
2018: €5k
2019: €10
2020: €-2k
2021: €2k
2022: €11k
2023: €14k
2018 → 2024
Total assets
€48k▲ 7.8%
2023 · €44k
2018: €61k
2019: €50k
2020: €51k
2021: €46k
2022: €46k
2023: €44k
2018 → 2024
Net result
€-13k
2023 · €3k
2018: €-405
2019: €-5k
2020: €-2k
2021: €4k
2022: €8k
2023: €3k
2018 → 2024
Working capital
€1k▼ 90.0%
2023 · €14k
2018: €2k
2019: €-2k
2020: €-3k
2021: €2k
2022: €11k
2023: €14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-2k-€2k€11k▲ 401%€14k▲ 30.1%€708▼ 94.9%
Operating result€276-€9k▲ 3,319%€11k▲ 20.8%€9k▼ 22.1%€-11k
Net result€-2k-€4k€8k▲ 99.8%€3k▼ 62.4%€-13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €9k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €48k
Equity
€708▼ 94.9%
Debt
€47k▲ 54.4%
The debt ratio rises from 68.8% to 98.5%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
1.5%▼
2023 · 31.2%
Current ratio
1.03▼
2023 · 1.49
Quick ratio
0.97▼
2023 · 1.39
ROA
-27.4%▼
2023 · 7.2%
Debt
€47k▲
2023 · €30k
Debt ≤ 1 year
€46k▲
2023 · €30k
Income taxes
€277▼
2023 · €4k
Staff costs
€200▲
2023 · €22
Equity ratios withheld: equity of €708 is too small for a meaningful ratio.
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€44k€48k▲
Current assets29/58€44k€48k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€36k€44k▲
Trade receivables40€32k€39k▲
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€4k-
Deferred charges and accrued income490/1€2k€492▼
Equity and liabilities
Total equity and liabilities10/49€44k€48k▲
Equity10/15€14k€708▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-437€-13k▼
Amounts payable17/49€30k€47k▲
Amounts payable within one year42/48€30k€46k▲
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€17k€23k▲
Suppliers440/4€17k€23k▲
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€9k€10k▲
Accrued charges and deferred income492/3€732€735▲
Income statement
Code20232024
Remuneration, social security and pensions62€22€200▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48-
Other operating charges640/8€2k€1k▼
Gross operating margin9900€10k€-9k▼
Operating profit (loss)9901€9k€-11k▼
Financial income75/76B€12€16▲
Recurring financial income75€12€16▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€7k€-13k▼
Income taxes67/77€4k€277▼
Profit (loss) for the period9904€3k€-13k▼
Profit (loss) for the period to be appropriated9905€3k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-437€-13k▼
Profit (loss) brought forward from the previous period14P€-4k€-437▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-13k ▼510%
Net result drops to €-13k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 159 days late
2022
31-12
Financial
Highest result since 2018net €8k ▲99.8%
Operating result €11k, net result €8k, both a record.
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
20-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 447 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
24-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 55 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
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, Brecht · 1 establishment unit since 2011
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.
Lessiusstraat 242960 BrechtGround area
973 m²
Building footprint
126 m²
Volume, LiDAR
692 m³
Parcel 11333D0075/00V000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Verlinden Pascal
since 20112.200.520.521
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11333D0075/00V000 | Flanders | 973 m² | 1 · 126 m² | 8.8 m · 2 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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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 734 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-04-2011
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
47521Retail sale of hardware, building materials, paint and glass (general range)
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.