Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PASCALE MEN from Torhout, company number BE0451529357, closed financial year 2025 with a result of € 256,126 after tax. For that financial year PASCALE MEN recorded a gross margin of € 497,969 and equity of € 228,544. Compared with financial year 2024, the result moved from € 289,313 to € 256,126. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 26, 2026.
€ 228,544
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 256,126
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 293,964
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
98 % of the profit went to the shareholders, mostly to PASCALE FASHION (93 % of the shares). That is where the money ends up.
People and assets in 2025
4
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 201,273
▲ 19% vs 2024
€ 50,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 30,777
▲ € 23,251 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 207,761
▼ 30% vs 2024
€ 11,145 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 80,996
▲ 112% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,501
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 346,793 | € 445,958 | € 500,523 | € 497,969 | ▼ 1% |
| Profit after taxes | € 216,222 | € 281,448 | € 289,313 | € 256,126 | ▼ 11% |
| Equity | € 221,658 | € 223,106 | € 222,419 | € 228,544 | ▲ 3% |
| Total debts | € 702,504 | € 751,260 | € 688,697 | € 600,695 | ▼ 13% |
| Cash | € 37,907 | € 60,970 | € 203,831 | € 293,964 | ▲ 44% |
| Land & buildings | € 298,526 | € 299,784 | € 289,373 | € 283,075 | ▼ 2% |
| Retained profit | € 36,658 | € 38,106 | € 37,419 | € 43,544 | ▲ 16% |
| Dividend | € 238,000 | € 280,000 | € 290,000 | € 250,000 | ▼ 14% |
| Bank debt | € 375,976 | € 343,599 | € 296,717 | € 207,761 | ▼ 30% |
| Balance sheet total | € 924,161 | € 974,366 | € 911,116 | € 829,239 | ▼ 9% |
| Employees (FTE) | 2.6 | 3 | 3.7 | 4 | ▲ 0.3 |
Key figures of PASCALE MEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to PASCALE MEN?
What happened at PASCALE MEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 256,126 (▼ 11% vs 2024). Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 216,222 profit in 2022 to € 256,126 profit in 2025.
Paid € 3,240 in corporate taxes since 2022.
Best year ever: 2024, with € 289,313 profit.
On average € 124,500 of value added per employee in 2025.
Management
The stake of PASCALE FASHION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PASCALE MENBehind PASCALE MEN is BV "PASCALE FASHION". The shares are held by PASCALE FASHION (93.3%).
Directors
According to the 2025 annual accounts
Managing director · represented by Pascale DECLERCQ
Shareholders
93.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oostendestraat 42
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.529.357
- VAT number
- BE 0451.529.357
- Registered office
- Oostendestraat 42, 8820 Torhout
- Names & denominations
- PASCALE MEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1993
- Peppol
- Active · Active since 11 Feb 2026
- Activities · NACE
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