Turnover
≈ €240,000 estimated
The micro format states no turnover.
Pasania
Lifetime
17 annual accounts with figures on one time axispeak €71,400 (2023)
€60,848▲ 0.2%
lowest -€17,986 (2010)
€11,366▲ 292%
peak €152,589 (2025)
€152,589▲ 8.0%
€73,132▼ 21.6%
Board1 name since 2022
-
Documentsfilings and deeds
16-12-202546 days before the deadline
2025micro format
Result from €2,901 to €11,366Registered office moved from Brecht to Olen 11-02Debts from €93,222 to €73,132Cash from €40,121 to €26,525
Key points
from the 2025 annual accountsInvestments
€30,579 1.5 × depreciation
Green is investment, beige is depreciation.
Filings
17 annual accounts since 2009
Five of the last ten came late. The 2019 accounts came latest: 195 days after the end of the period.
Checked score
70
Healthy
Financially stronger than 58% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.4%▲ +0.1 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 1.6%▲ +1.2 percentage points vs 02-2025
04-2025: 1.6%● unchanged vs 03-2025
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.6%● unchanged vs 06-2025
08-2025: 1.6%● unchanged vs 07-2025
09-2025: 1.6%● unchanged vs 08-2025
10-2025: 1.8%▲ +0.2 percentage points vs 09-2025highest value
11-2025: 1.7%▼ -0.1 percentage points vs 10-2025
12-2025: 0.5%▼ -1.2 percentage points vs 11-2025
01-2026: 0.4%▼ -0.1 percentage points vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.1 percentage points vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.7%▲ +0.2 percentage points vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Size: total assets €225,721
lowers risk
Liquidity: current ratio 4.46, cash €26,525
Founded in 2008
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 73% of them on solvency, 59% on liquidity, 49% on profitability and 52% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as Pasania has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Pasania itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Pasania. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.46 (3.33 in 2024), above the usual 1.5. Short-term debt is 15.5% and cash 11.8% of total assets. 32.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
9 days early
2023
26 days late
2022
6 days late
2021
28 days late
2020
6 days early
2019
195 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 6 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0898731229
Registered office moved from Brecht to Olen
New registered office: Noorderwijkseweg 13-2250 Olen · Previous registered office: Eurolaan 8 bus 2R, 2960 Brecht · Board meeting of 17-12-2024 · Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments
Change of role: STUYCK Pascal Alfons Leonia, from manager and director to director · Director discharge: STUYCK Pascal Alfons Leonia · Gazette deed
Registered office moved from Schoten to Sint-Job-in-t-Goor
New registered office: Eurolaan 8 bus 2R, 2960 Sint-Job-in-t-Goor · Previous registered office: Veerhuisdreef 19, 2900 Schoten · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Pasania Olen | €225,721 | €60,848 | 67.6% | - |
| CREATECHNIC Kontich | €225,434 | €52,308 | 69.9% | - |
| Strickaert Peter Sint-Lievens-Houtem | €268,735 | €73,439 | 90.7% | - |
| TURQUOISE ELEC Farciennes | €178,959 | €46,830 | 15.0% | - |
| GROUP M&M Riemst | €323,116 | €66,003 | 49.6% | 2 |
| ODB ELEKTRO Duffel | €197,751 | €48,046 | 42.6% | - |
| BST Schoten | €209,500 | €39,254 | 86.9% | - |
These companies have the same main activity as Pasania: electrical installation work in industrial facilities (NACE 43212). They are comparable in size and age: total assets between €179,000 and €323,000, founded between 2008 and 2013.
Official details
Source: KBO- Status
- Active since 23-06-2008Normal situation
- Activity
- Electrical installation work in industrial facilitiesNACE 43212and 3 others
- Establishment unit
- 2.176.210.7372250 Olen, since 23-06-2008
- Financial year end
- 30 June
- Peppol
- Reachable since 05-09-2025
Annual accounts to 30-06-2025
- €225,721▼ 3.7%
- Filing
- Filed on 16-12-2025, 46 days before the end of the filing period
Insights on Pasania
Pasania files the micro format. That format states no turnover. The gross margin rose from €24,573 in 2009 to €60,848 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Pasania
- What is the company number of Pasania?
- The company number of Pasania is 0898.731.229. The VAT number is the same number with BE in front: BE 0898.731.229.
- Where is Pasania based?
- The registered office is at Noorderwijkseweg 13, 2250 Olen.Company details
- What does Pasania do?
- According to the KBO register, the main activity is electrical installation work in industrial facilities (NACE 43212).
- What is the legal form of Pasania?
- Pasania is a private limited company (BV).
- When was Pasania founded?
- Pasania was founded on 23-06-2008.
- Is Pasania still active?
- Yes, Pasania is an active enterprise in the KBO register.
- What is the turnover of Pasania?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €60,848 and 105 comparable companies (NACE 432). It probably lies between €170,000 and €350,000. In financial year 2020 turnover was €129,214.Financials
- Is Pasania profitable?
- In financial year 2025, Pasania made a profit of €11,366.
- Where can I find the annual accounts of Pasania?
- Pasania filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Pasania due?
- Pasania must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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