ACTIVE

PASCUAL GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

564,5 k €

+59.1% YoY

Gross margin

1,8 M €

+70.4% YoY

Equity

2,7 M €

+26.1% YoY

Workforce

3,5 ETP

0.0% YoY

What does PASCUAL GROUP do?

PASCUAL GROUP is a Private limited company incorporated in 2016. Its main activity is: Activities of holding companies. Its registered office is in Gent. It employs on average 3,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0651.948.183

Incorporation

15/04/2016

Legal form

Private limited company

Registered office

Wondelgemkaai 15
9000 Gent · FlandreSee on map

Contributed capital

1 426 769,51 €

Latest accounts

31/12/2025

Average workforce

3,5 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70100Activities of head offices 70100Activities of head offices 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (4)

149
14904
200
20000

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2021		2018		2017		2016
Income statement
Gross margin	1,8 M €	+70.4%	1,1 M €	+922%	-129 k €	-509%	31,5 k €	-68.8%	101 k €	+59.5%	63,3 k €	+560%	-13,8 k €	-941%	-1,3 k €
EBITDA	1,3 M €	+125%	595,7 k €	+309%	-284,9 k €	-1033%	30,5 k €	-69.4%	99,9 k €	+60.3%	62,3 k €	+538%	-14,2 k €	-619%	-2 k €
Operating result	1,1 M €	+172%	412 k €	+221%	-341,2 k €	-1218%	30,5 k €	-69.4%	99,9 k €	+60.3%	62,3 k €	+538%	-14,2 k €	-619%	-2 k €
Net result	564,5 k €	+59.1%	354,8 k €	+106%	-6,4 M €	-185%	7,5 M €	+10968%	67,9 k €	+45.5%	46,7 k €	+428%	-14,3 k €	-605%	-2 k €
Balance sheet
Equity	2,7 M €	+26.1%	2,2 M €	-78.7%	10,2 M €	-38.6%	16,6 M €	+16.0%	14,3 M €	-13.8%	16,6 M €	+6.7%	15,6 M €	-0.1%	15,6 M €
Total assets	7,5 M €	-34.6%	11,4 M €	+2.2%	11,2 M €	-33.1%	16,7 M €	-0.2%	16,7 M €	-2.1%	17,1 M €	+9.5%	15,6 M €	+0.0%	15,6 M €
Cash	340,8 k €	+12.6%	302,5 k €	-93.6%	4,7 M €	+4316%	107,2 k €	-29.2%	151,5 k €	+111%	71,9 k €		–		–
Debts	4,7 M €	-48.7%	9,2 M €	+858%	961,1 k €	+1232%	72,2 k €	-97.0%	2,4 M €	+422%	458,9 k €	+2437%	18,1 k €	+42606%	42,4 €
Other
Workforce	3,5 ETP	0.0%	3,5 ETP	-18.6%	4,3 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Carlos Pascual-Madorran

Director

Active

Joeri Pascual-Madorran

Director

Active

Ended mandates

Carlos Pascual - Madorran

Director · since 14 avril 2016

Ended

Carlos Pascual-Madorran

Director · since 14 avril 2016

Ended

Carlos Pascual-Madorran

Manager · since 14 avril 2016

Ended

Joeri Pascual - Madorran

Director · since 14 avril 2016

Ended

At this address

Other companies at this address

Company	CBE no.
BTW-EENHEID PASCUAL● Active	0679.903.286
Btw-eenheid United Group● Active	1033.340.604
C-GAMES● Active	0473.671.685
EURAUTOMAT● Active	0418.410.092
Fyat● Active	0704.681.937
UNITED GAMES● Active	0627.762.026
UNITED GROUP● Active	0789.802.704

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/12/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	13 months
Filing date	30/07/2026	28/07/2025	20/08/2024	27/07/2023	24/05/2022	30/06/2021
General meeting	30/06/2026	17/07/2025	30/07/2024	30/06/2023	30/04/2022	15/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	17/07/2025	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/07/2024	20/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/04/2022	24/05/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	30/06/2021	Dutch	PDF
Abridged model	30/11/2019	11/06/2020	15/06/2020	Dutch	PDF
Abridged model	30/11/2018	23/05/2019	18/06/2019	Dutch	PDF
Abridged model	30/11/2017	23/03/2018	10/04/2018	Dutch	PDF
Abridged model	30/11/2016	15/05/2017	12/06/2017	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Carlos Pascual-Madorran

Director

Active

Joeri Pascual-Madorran

Director

Active

Ended mandates

Carlos Pascual - Madorran

Director · since 14 avril 2016

Ended

Carlos Pascual-Madorran

Director · since 14 avril 2016

Ended

Carlos Pascual-Madorran

Manager · since 14 avril 2016

Ended

Joeri Pascual - Madorran

Director · since 14 avril 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other23/11/2023
DOEL
PDF
Mandates21/04/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates24/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other24/05/2016
DIVERSEN
PDF
Other19/04/2016
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025564,5 k €↑
2024
Annual accounts 2024354,8 k €↑
2023
Annual accounts 2023-6,4 M €↓
2022
Annual accounts 20227,5 M €↑
2021
Annual accounts 202167,9 k €↑
2018
Annual accounts 201846,7 k €↑
2017
Annual accounts 2017-14,3 k €↓
2016
Annual accounts 2016-2 k €
15/04/2016
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PASCUAL GROUP

Overview

What does PASCUAL GROUP do?

Trend over 8 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline