Summary
PASABOJO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €857,791 and a net result of €2,608. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 5565 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 5565 sector peers (2025).
NBB · sector comparisonPosition among 5565 sector peers
Solvency
better than 19%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
85 d early
2023
56 d early
2022
125 d early
2021
5 d late
2020
13 d late
2019
56 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#8 company by total assets in Alveringem
Equity
€857,791▲ 0.3%
2024 · €855,183
Net result
€2,608▼ 94.2%
2024 · €45,087
Total assets
€4.9m▲ 31.9%
2024 · €3.7m
Solvency
17.7%▼ 5.6pp
2024 · 23.2%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€6,287▼ 68.3%-€16,016▼ 155%€91,226€70,634▼ 22.6%€36,037▼ 49.0%
Net result-€786,794▼ 13,009%-€39,924▲ 94.9%€92,633€45,087▼ 51.3%€2,608▼ 94.2%
Equity€757,387▼ 51.0%€717,463▼ 5.3%€810,096▲ 12.9%€855,183▲ 5.6%€857,791▲ 0.3%
Total assets€4.2m▼ 16.4%€5.0m▲ 19.5%€3.8m▼ 24.1%€3.7m▼ 2.8%€4.9m▲ 31.9%
Debt€3.4m▼ 0.9%€4.3m▲ 25.0%€3.0m▼ 30.3%€2.8m▼ 5.1%€4.0m▲ 41.5%
Working capital-€3.3m▼ 1,580%-€3.6m▼ 8.8%-€420,342▲ 88.3%-€527,183▼ 25.4%-€1.3m▼ 141%
Solvency18.1%▼ 12.8pp14.4%▼ 3.8pp21.4%▲ 7.0pp23.2%▲ 1.8pp17.7%▼ 5.6pp
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2022 Net result +95% on 2021. Cause not known from the registers.
- 2021 Net result -13,009% on 2020. The accounts now follow the abbreviated schema, last year the micro schema.
- 2021 Equity -51% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.9m
Fixed assets
€4.3m ▲ 55.6%
Current assets
€577,143 ▼ 38.1%
Equity and liabilities €4.9m
Equity
€857,791 ▲ 0.3%
Debt
€4.0m ▲ 41.5%
Debt's share of the balance-sheet total rises from 76.8% to 82.3%. Equity and debt are higher.
Key figures and ratios
ROE
0.3%▼
2024 · 5.3%
ROA
0.1%▼
2024 · 1.2%
Debt ≤ 1 year
€1.8m▲
2024 · €1.5m
Debt > 1 year
€2.1m▲
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,440 | €1,800 | €28,153 | ▲ 1,464% |
| Other operating charges640/8 | €979 | €1,349 | €1,151 | €1,340 | €1,227 | ▼ 8.4% |
| Gross operating margin9900 | -€5,308 | -€14,667 | €93,817 | €73,774 | €65,417 | ▼ 11.3% |
| Operating profit (loss)9901 | -€6,287 | -€16,016 | €91,226 | €70,634 | €36,037 | ▼ 49.0% |
| Financial income75/76B | €2,171 | €221 | €18,145 | €13,323 | €12,298 | ▼ 7.7% |
| Recurring financial income75 | €2,171 | €221 | €18,145 | €13,323 | €12,298 | ▼ 7.7% |
| Financial charges65/66B | €782,678 | €24,130 | €16,737 | €38,870 | €45,728 | ▲ 17.6% |
| Recurring financial charges65 | €782,678 | €24,130 | €16,737 | €38,870 | €45,728 | ▲ 17.6% |
| Profit (loss) for the period before taxes9903 | -€786,794 | -€39,924 | €92,633 | €45,087 | €2,608 | ▼ 94.2% |
| Profit (loss) for the period9904 | -€786,794 | -€39,924 | €92,633 | €45,087 | €2,608 | ▼ 94.2% |
| Profit (loss) for the period to be appropriated9905 | -€786,794 | -€39,924 | €92,633 | €45,087 | €2,608 | ▼ 94.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.2m | €5.0m | €3.8m | €3.7m | €4.9m | ▲ 31.9% |
| Fixed assets21/28 | €4.0m | €5.0m | €2.8m | €2.8m | €4.3m | ▲ 55.6% |
| Intangible fixed assets21 | - | - | €7,560 | €5,760 | €3,960 | ▼ 31.3% |
| Tangible fixed assets22/27 | - | €913,432 | €913,432 | €913,432 | €2.4m | ▲ 168% |
| Land and buildings22 | - | €913,432 | €913,432 | €913,432 | €2.4m | ▲ 168% |
| Financial fixed assets28 | €4.0m | €4.1m | €1.8m | €1.8m | €1.8m | = |
| Current assets29/58 | €125,547 | €24,859 | €1.0m | €931,780 | €577,143 | ▼ 38.1% |
| Amounts receivable within one year40/41 | €30,092 | €240 | €660,307 | €770,768 | €508,294 | ▼ 34.1% |
| Trade receivables40 | €2,098 | €0 | €14,520 | €14,520 | €17,600 | ▲ 21.2% |
| Other amounts receivable41 | €27,994 | €240 | €645,787 | €756,248 | €490,694 | ▼ 35.1% |
| Cash at bank and in hand54/58 | €95,455 | €24,618 | €375,400 | €161,012 | €68,849 | ▼ 57.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.2m | €5.0m | €3.8m | €3.7m | €4.9m | ▲ 31.9% |
| Equity10/15 | €757,387 | €717,463 | €810,096 | €855,183 | €857,791 | ▲ 0.3% |
| Contributions10/11 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Reserves13 | €155,183 | €155,183 | €155,183 | €155,183 | €155,183 | = |
| Non-distributable reserves130/1 | €139,500 | €139,500 | €0 | - | - | - |
| Reserves not available under the articles1311 | €139,500 | €139,500 | €0 | - | - | - |
| Tax-exempt reserves132 | €3,765 | €3,765 | €3,765 | €3,765 | €3,765 | = |
| Distributable reserves133 | €11,918 | €11,918 | €151,418 | €151,418 | €151,418 | = |
| Profit (loss) carried forward14 | -€792,796 | -€832,720 | -€740,088 | -€695,000 | -€692,393 | ▲ 0.4% |
| Amounts payable17/49 | €3.4m | €4.3m | €3.0m | €2.8m | €4.0m | ▲ 41.5% |
| Amounts payable after more than one year17 | €0 | €666,667 | €1.5m | €1.3m | €2.1m | ▲ 58.2% |
| Financial debts170/4 | €0 | €666,667 | €616,667 | €566,667 | €1.1m | ▲ 95.2% |
| Other amounts payable178/9 | - | - | €884,122 | €780,394 | €1.0m | ▲ 31.4% |
| Amounts payable within one year42/48 | €3.4m | €3.6m | €1.5m | €1.5m | €1.8m | ▲ 26.6% |
| Current portion of amounts payable after more than one year42 | €35,714 | €50,000 | €50,000 | €50,000 | €157,143 | ▲ 214% |
| Trade debts44 | €0 | €1,927 | €115 | €397 | €281,159 | ▲ 70,767% |
| Suppliers440/4 | €0 | €1,927 | €115 | €397 | €281,159 | ▲ 70,767% |
| Taxes, remuneration and social security45 | - | - | €10,934 | €13,566 | €14,088 | ▲ 3.9% |
| Taxes450/3 | - | - | €10,934 | €10,816 | €11,338 | ▲ 4.8% |
| Remuneration and social security454/9 | - | - | - | €2,750 | €2,750 | = |
| Other amounts payable47/48 | €3.4m | €3.6m | €1.4m | €1.4m | €1.4m | = |
| Accrued charges and deferred income492/3 | €1,500 | €1,500 | €22,425 | €22,425 | €23,425 | ▲ 4.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€786,794 | -€39,924 | €92,633 | €45,087 | €2,608 | ▼ 94.2% |
| + Depreciation and write-downs630 | - | - | €1,440 | €1,800 | €28,153 | ▲ 1,464% |
| Operating cash flow (approximation) | -€786,794 | -€39,924 | €94,073 | €46,887 | €30,761 | ▼ 34.4% |
| Investment in fixed assets (approximation) | - | -€915,479 | €2.2m | €0 | -€1.6m | - |
| Change in cash | - | -€70,836 | €350,781 | -€214,388 | -€92,162 | ▲ 57.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €92,633
Net result €92,633 after 3 loss-making years.
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 5 days late
2021
31-12
Financial
Weakest financial yearnet -€786,794
Net result drops to -€786,794, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
31-12
Financial
Highest result since 2018net €108,891 ▲63.6%
Net result €108,891, the highest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Alveringem · 1 establishment unit since 2014
Ground area
3,615 m²
Building footprint
346 m²
Volume, LiDAR
1,871 m³
Parcel 38002A0326/00D000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PASABOJO
since 20142.237.260.953
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38002A0326/00D000 | Flanders | 3,614 m² | 1 · 346 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
4 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 4
-
100%
-
100%
-
99.11%
-
50%
According to the 2025 annual accounts of PASABOJO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 13,031 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
63920Other information service activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0505824019
Also
9925:BE0505824019
Registered
27-03-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.