Filings
8 annual accounts 4 late
The 2020 accounts came latest: 114 days after the end of the period.
PAS
Overview
Lifetime
8 annual accounts with figures on one time axispeak €27,130 (2014)
€19,712
lowest -€20,177 (2017)
€19,090
peak €33,824 (2015)
€13,103
€5,019
Board9 names since 2019
1 directorPUNIHANI Saranjeet
Documentsfilings and deeds
22-02-2021114 days late
2020micro format
No figures for the year before
Key points
from the 2020 annual accounts, the last ones filedNo score
Recent changes
Bankruptcy closure (insufficient assets)
Enterprise Court of Brussels · judgment of 14-10-2025 · Bankruptcy
Bankruptcy published
Enterprise Court of Brussels · judgment of 07-11-2023 · Bankruptcy
Registered office moved from Brussels to Wemmel
Transfer of 100 shares from AHMADZAI Basir to BHUTTA Irfan Hamid · New registered office: Brusselsesteenweg 56, 1780 Wemmel · Previous registered office: Stalingradlaan 52, 1000 Brussel · General meeting of 01-10-2022 · Gazette deed
Registered office moved from Anderlecht to Brusse
Transfer of 100 shares from JHA Shivanand to AHMADZAI Basir · New registered office: Avenue de Stalingrad 52 1000 Brusse! · Previous registered office: Avenue Frans van Kalken 9-1070 Anderlecht · General meeting of 01-06-2022 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 03-12-2009 · bankruptcy closed on 14-10-2025
- Activity
- No activity registered in the KBO
- Financial year end
- 31 March
- Peppol
- Not found in the Peppol Directory
Annual accounts to 31-03-2020
- €19,712
- ≈ €150,000estimated
- €19,090
- €13,103
- €18,122
- Filing
- Filed on 22-02-2021
Insights on PAS
Equity fell from €33,824 in 2015 to €13,103 in 2020, while debts rose from €1,481 to €5,019.
On 7 November 2023 the court declared PAS bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2020
micro format, filed on 22-02-2021, 114 days late€19,712
€18,671
€19,090
€13,103
72.3%
3.61
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €69,000 and €360,000.
Balance sheet
balance sheet total €18,122 on 31-03-2020What the company ownsHow it is paid for
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2020 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
18,122 | 16,254 | 40,002 | 38,529 | 35,305 | 29,148 | 6,007 | 4,385 | |
21/28 |
- | - | 6,500 | 13,000 | - | 198 | 397 | - | |
22/27 |
- | - | 6,500 | 13,000 | - | 198 | 397 | - | |
23 |
- | - | - | - | - | 198 | 397 | - | |
24 |
- | - | 6,500 | 13,000 | - | - | - | - | |
29/58 |
18,122 | 16,254 | 33,502 | 25,529 | 35,305 | 28,950 | 5,611 | 4,385 | |
3 |
12,746 | 10,621 | 23,001 | 10,068 | 6,348 | 6,130 | 5,212 | 4,127 | |
30/36 |
12,746 | 10,621 | 23,001 | 10,068 | 6,348 | 6,130 | 5,212 | 4,127 | |
40/41 |
3,492 | 5,120 | 5,120 | 7,160 | 13,827 | 758 | 267 | 258 | |
41 |
3,492 | 5,120 | 5,120 | 7,160 | 13,827 | 758 | 267 | 258 | |
54/58 |
1,884 | 512 | 5,381 | 8,302 | 15,131 | 22,063 | 131 | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
18,122 | 16,254 | 40,002 | 38,529 | 35,305 | 29,148 | 6,007 | 4,385 | |
10/15 |
13,103 | 4,652 | 2,447 | 22,623 | 33,824 | 21,962 | -1,919 | -3,067 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,250 | |
100 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 12,350 | |
11 |
18,600 | - | - | - | - | - | - | - | |
1109/19 |
18,600 | - | - | - | - | - | - | - | |
13 |
593 | 593 | 593 | 593 | 593 | - | - | - | |
130/1 |
593 | - | - | - | - | - | - | - | |
130 |
- | 593 | 593 | 593 | 593 | - | - | - | |
1311 |
593 | - | - | - | - | - | - | - | |
14 |
-6,090 | -14,541 | -16,746 | 3,430 | 14,631 | 3,362 | -20,519 | -9,317 | |
17/49 |
5,019 | 11,601 | 37,555 | 15,905 | 1,481 | 7,186 | 7,926 | 7,452 | |
17 |
- | - | 3,111 | 8,445 | - | - | - | - | |
170/4 |
- | - | 3,111 | 8,445 | - | - | - | - | |
42/48 |
5,019 | 11,601 | 34,444 | 7,461 | 1,481 | 7,186 | 7,926 | 7,452 | |
42 |
- | 3,111 | 6,404 | 6,565 | 1,250 | - | - | - | |
43 |
1,995 | 6,649 | 26,013 | - | - | - | 5,852 | 7,437 | |
439 |
1,995 | 6,649 | 26,013 | - | - | - | 5,852 | 7,437 | |
44 |
482 | 1,302 | 1,430 | 558 | 231 | 5,624 | 2,060 | - | |
440/4 |
482 | 1,302 | 1,430 | 558 | 231 | 5,624 | 2,060 | - | |
45 |
2,543 | 539 | 598 | 337 | - | 1,562 | 15 | 15 | |
450/3 |
2,543 | 539 | 598 | 337 | - | 1,562 | 15 | 15 | |
| Income statement | |||||||||
9900 |
19,712 | 10,046 | -14,624 | 11,344 | 17,119 | 27,130 | -10,894 | - | |
62 |
- | - | 3,017 | 8,548 | - | - | - | - | |
630 |
- | 6,500 | 6,500 | 6,500 | 198 | 198 | 198 | - | |
640/8 |
1,041 | 442 | 480 | 1,724 | 910 | 1,353 | 58 | - | |
9901 |
18,671 | 3,105 | -24,622 | -5,428 | 16,011 | 25,579 | -11,151 | - | |
75/76B |
517 | - | - | - | - | 2 | - | - | |
75 |
517 | - | - | - | - | 2 | - | - | |
65/66B |
78 | 899 | 499 | 773 | 428 | 153 | 51 | - | |
65 |
78 | 899 | 499 | 773 | 428 | 153 | 51 | - | |
9903 |
19,109 | 2,206 | -25,120 | -6,201 | 15,583 | 25,428 | -11,202 | - | |
67/77 |
19 | - | -4,944 | 5,000 | 3,720 | 1,547 | - | - | |
9904 |
19,090 | 2,206 | -20,177 | -11,201 | 11,862 | 23,881 | -11,202 | - | |
9905 |
19,090 | 2,206 | -20,177 | -11,201 | 11,862 | 23,881 | -11,202 | - | |
| Appropriation of the result | |||||||||
9906 |
-6,090 | -14,541 | -16,746 | 3,430 | 15,224 | 3,362 | -20,519 | -9,317 | |
691/2 |
- | - | - | - | 593 | - | - | - | |
6920 |
- | - | - | - | 593 | - | - | - | |
| Document | |||||||||
Source: Annual accounts 2020 (PDF), filed on 22-02-2021.
Filings
each dot is a set of accounts, on the day it reached the National Bank2020 annual accounts filed 114 days after the deadline. Filed on 22 February 2021, deadline 31 October 2020 (7 months after the close on 31 March 2020, Companies Code art. 3:10). Source: NBB, 2021-05800159.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2020 | micro format | 22-02-2021 | 2021-05800159 | |
| 31-03-2018 | micro format | 23-11-2018 | 2018-72700276 | |
| 31-03-2017 | micro format | 25-10-2017 | 2017-67800222 | |
| 31-03-2016 | abbreviated format | 07-10-2016 | 2016-65100542 | |
| 31-03-2015 | abbreviated format | 18-09-2015 | 2015-59100231 | |
| 31-03-2014 | abbreviated format | 17-10-2014 | 2014-64900559 | |
| 31-03-2013 | abbreviated format | 06-12-2013 | 2013-67900318 | |
| 31-03-2012 | abbreviated format | 05-11-2012 | 2012-63200058 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2020 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|
| - | 9,605 | -18,122 | 1,072 | 16,209 | 25,778 | -10,952 | - | ||
| - | 8,706 | -13,677 | -4,701 | 12,061 | 24,079 | -11,003 | - | ||
| - | 0 | 0 | 19,500 | 0 | 0 | 595 | - | ||
| - | -4,869 | -2,920 | -6,829 | -6,932 | 21,931 | - | - | ||
| 13,103 | 4,652 | -942 | 18,068 | 33,824 | 21,764 | -2,316 | -3,067 | ||
| 72.3% | 28.6% | 6.1% | 58.7% | 95.8% | 75.3% | -31.9% | - | ||
| 3.61 | 1.40 | 0.97 | 3.42 | 23.84 | 4.03 | 0.71 | - | ||
| 1.07 | 0.49 | 0.30 | 2.07 | 19.55 | 3.18 | 0.05 | - | ||
| 0.38 | 2.49 | 15.35 | 0.70 | 0.04 | 0.33 | - | - | ||
| 145.7% | 47.4% | -824.7% | -49.5% | 35.1% | 108.7% | - | - | ||
| 105.3% | 13.6% | -50.4% | -29.1% | 33.6% | 81.9% | -186.5% | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on PAS
The operating result for 2020 is €18,671, against €3,105 in 2018. Comparable figures for the intervening years are unavailable.
Debt's share of the balance-sheet total is 27.7%.
Board & ownership
Curator
1 mandateCurator, Pegasuslaan 5, 1831 Diegem
from 07-11-2023 to 14-10-2025
Also on 320 other cases
Last board
1 director, last change in 2022Mandates through the years
9 names, the dashed line is todayBHUTTA Irfan Hamid
Director
Director
AHMADZAI Basir
Manager
Manager
JHA Shivanand
Director
Director
SINGH Balwan
Manager
Manager
JAN PARI Ahmad Ullah
Manager
Manager
PUNIHANI Saranjeet
Manager
Manager
SULTANI Sunaina Kaur
Manager
Manager
Kaur Sultani
Manager
Manager
BoardEarliermandate already running before its first mentionBankruptcy 07-11-2023
Mandates as a list
- BHUTTA Irfan Hamid
- Director, appointed by deed of 16-12-2022, until the bankruptcy of 07-11-2023
- AHMADZAI Basir
- Manager, appointed by deed of 21-06-2022, until 16-12-2022
- JHA Shivanand
- Manager, until 31-03-2019
- Manager, until 01-09-2021
- Director, appointed by deed of 10-02-2022, until 21-06-2022
- SINGH Balwan
- Manager, appointed by deed of 27-10-2021, until 27-04-2022
- Manager, until 02-05-2022
- DA CUNHA TEIXEIRA Francisco José
- Manager, appointed by deed of 22-09-2021, until 27-10-2021
- JAN PARI Ahmad Ullah
- Manager, appointed by deed of 01-09-2021, until 22-09-2021
- PUNIHANI Saranjeet
- Manager, appointed by deed of 28-05-2019, until 01-09-2021
- SULTANI Sunaina Kaur
- Manager, until 01-09-2021
- Kaur Sultani
- Manager, until 31-03-2019
Control
Shareholders
Share transfer
deed of 16-12-2022 ↗
- AHMADZAI Basir to BHUTTA Irfan Hamid 100 shares
Stated in the deed
deed of 21-06-2022 ↗
- AHMADZAI Basir 100 shares
Share transfer
deed of 21-06-2022 ↗
- JHA Shivanand to AHMADZAI Basir 100 shares
Stated in the deed
deed of 10-02-2022 ↗
- JHA Shivanand 100 shares
Share transfer
deed of 10-02-2022 ↗
- SINGH Balwan to JHA Shivanand 100 shares
Stated in the deed
deed of 27-10-2021 ↗
- BALWAN Singh 100 shares
Show 1 older mentions
Share transfer
deed of 27-10-2021 ↗
- DA CUNHA TEIXEIRA Francisco José to BALWAN Singh 100 shares
Network & group
No group
PAS has no parent and no holdings in its annual accounts. BHUTTA Irfan Hamid is the only director. PAS shares no director with another company.
Timeline
Timeline
26 events since 2009Board
Capital
Filings
Financial
Insolvency
Address
201020122014201620182020202220242026
2025
Bankruptcy closure (insufficient assets) Enterprise Court of Brussels · judgment of 14-10-2025
2023
Bankruptcy published Enterprise Court of Brussels · judgment of 07-11-2023
2022
Registered office moved from Brussels to WemmelTransfer of 100 shares from AHMADZAI Basir to BHUTTA Irfan Hamid · New registered office: Brusselsesteenweg 56, 1780 Wemmel · Previous registered office: Stalingradlaan 52, 1000 Brussel · General meeting of 01-10-20226 points ▸
- General meeting, 01-10-2022
- Director appointment, BHUTTA Irfan Hamid
- Director resignation, AHMADZAI Basir
- Director discharge, AHMADZAI Basir
- Share transfer, AHMADZAI Basir → BHUTTA Irfan Hamid, 100 shares
- Registered-office move, Brusselsesteenweg 56, 1780 Wemmel
- The deed holds 1 more point.
Registered office moved from Anderlecht to BrusseTransfer of 100 shares from JHA Shivanand to AHMADZAI Basir · New registered office: Avenue de Stalingrad 52 1000 Brusse! · Previous registered office: Avenue Frans van Kalken 9-1070 Anderlecht · General meeting of 01-06-20228 points ▸
- General meeting, 01-06-2022
- Director appointment, AHMADZAI Basir (manager)
- Director resignation, JHA Shivanand (manager)
- Director discharge, JHA Shivanand
- Share transfer, JHA Shivanand → AHMADZAI Basir, 100 shares
- Registered-office move, Avenue de Stalingrad 52 1000 Brusse!
- AHMADZAI Basir holds 100 shares
- Board composition, AHMADZAI Basir (manager)
Resignation: SINGH Balwan (manager)Director discharge: SINGH Balwan · General meeting of 16-02-20223 points ▸
- General meeting, 16-02-2022
- Director resignation, SINGH Balwan (manager)
- Director discharge, SINGH Balwan
Resignation: SINGH Balwan (director)Director discharge: SINGH Balwan · General meeting of 01-02-20223 points ▸
- General meeting, 01-02-2022
- Director resignation, SINGH Balwan
- Director discharge, SINGH Balwan
Transfer of 100 shares from SINGH Balwan to JHA ShivanandAppointment: JHA Shivanand (director) · JHA Shivanand holds 100 shares · General meeting of 02-01-20224 points ▸
- General meeting, 02-01-2022
- Director appointment, JHA Shivanand
- Share transfer, SINGH Balwan → JHA Shivanand, 100 shares
- JHA Shivanand holds 100 shares
2021
Transfer of 100 shares from DA CUNHA TEIXEIRA Francisco José to BALWAN SinghAppointment: BALWAN Singh (manager) · Resignation: DA CUNHA TEIXEIRA Francisco José (manager) · Director discharge: DA CUNHA TEIXEIRA Francisco José5 points ▸
- Director appointment, BALWAN Singh (manager)
- Director resignation, DA CUNHA TEIXEIRA Francisco José (manager)
- Director discharge, DA CUNHA TEIXEIRA Francisco José
- Share transfer, DA CUNHA TEIXEIRA Francisco José → BALWAN Singh, 100 shares
- BALWAN Singh holds 100 shares
- The deed holds 1 more point.
New managerDA CUNHA TEIXEIRA Francisco José appointed, JAN PARI Ahmad Ullah resigned · Director discharge: JAN PARI Ahmad Ullah · General meeting of 01-09-20214 points ▸
- General meeting, 01-09-2021
- Director resignation, JAN PARI Ahmad Ullah (manager)
- Director discharge, JAN PARI Ahmad Ullah
- Director appointment, DA CUNHA TEIXEIRA Francisco José (manager)
- The deed holds 1 more point.
Registered office moved from Antwerp to AnderlechtNew registered office: Avenue Frans van Kalken 9-1070 Anderlecht · Previous registered office: De Gryspeerstraat 5-2100 Antwerpen · Resignations: JHA Shivanand, PUNIHANI Saranjeet and SULTANI Sunaina Kaur · General meeting of 01-08-20219 points ▸
- General meeting, 01-08-2021
- Director resignation, JHA Shivanand (manager)
- Director resignation, PUNIHANI Saranjeet (manager)
- Director resignation, SULTANI Sunaina Kaur (manager)
- Director discharge, JHA Shivanand (manager)
- Director discharge, PUNIHANI Saranjeet (manager)
- Director discharge, SULTANI Sunaina Kaur (manager)
- Director appointment, JAN PARI Ahmad Ullah (manager)
- Registered-office move, Avenue Frans van Kalken 9-1070 Anderlecht
Annual accounts 2020 filed PDFmicro format · 114 days late
2020
Liquidity more than doubled current ratio 3.61 The current ratio rises from 1.40 to 3.61. Short-term debt falls from €11,601 to €5,019.
2019
1 manager appointed, 2 resignationsResignations: Shivanand Jha (manager) and Kaur Sultani (manager) · Appointment: Punihani Saranjeet (manager)3 points ▸
- Director resignation, Shivanand Jha (manager)
- Director resignation, Kaur Sultani (manager)
- Director appointment, Punihani Saranjeet (manager)
- The deed holds 1 more point.
2018
Annual accounts 2018 filed PDFmicro format · 23 days late
Back to profit net €2,206 The net result is €2,206, after 2 loss-making years.
2017
Annual accounts 2017 filed PDFmicro format · 6 days before the deadline
Weakest financial year net -€20,177 The net result drops to -€20,177, the lowest from 2013 to 2020.
2016
Annual accounts 2016 filed PDFabbreviated format · 24 days before the deadline
2015
Annual accounts 2015 filed PDFabbreviated format · 43 days before the deadline
Liquidity more than 5 times current ratio 23.84 The current ratio rises from 4.03 to 23.84. Short-term debt falls from €7,186 to €1,481.
2014
Annual accounts 2014 filed PDFabbreviated format · 14 days before the deadline
Back to profit net €23,881 The net result is €23,881, after one loss-making year.
Liquidity more than 5 times current ratio 4.03 The current ratio rises from 0.71 to 4.03. Short-term debt falls from €7,926 to €7,186.
2013
Annual accounts 2013 filed PDFabbreviated format · 36 days late
2012
Annual accounts 2012 filed PDFabbreviated format · 5 days late
2009
Incorporation PDF18 publications in the Belgian Official Gazette, the last on 23-10-2025
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
PAS is no longer in the KBO register.
- Last annual accounts
- financial year to 31 March 2020
- Last registered office
- Avenue De Stalingrad 52, 1000 Brusselas published on 16 December 2022
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2012