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PASAVAN

Active Private limited companyfounded 2007active for 19 yearsRecollettenstraat 4, 8620 NieuwpoortKBO/BCE: BE 0886.765.684 subsidiary of #9 oldest company in Nieuwpoort, Manufacturing sector

Overview

Lifetime

19 annual accounts with figures on one time axis
peak €19,886 (2013)
-€4,299▼ €1,269
lowest -€19,447 (2017)
-€11,390▼ €710
peak €5,166 (2007)
-€166,325▼ €11,390
€257,940▲ 5.4%
peak 0 FTE (2023)
0 FTE 
Board5 names since 2019
1 director
Owners
90%
Documentsfilings and deeds
26-08-202626 days late
2025abbreviated format
Gross margin from -€3,030 to -€4,299Loss of €11,3902 directors appointed, 1 resignation 24-09Cash from €1,080 to €6,484

Key points

from the 2025 annual accounts

Equity

-€166,325
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€153,485 in twelve years
201420152016-19,44720172018201920202021202220232024-11,3902025

Every financial year from 2014 to 2025 closed with a loss. 2017 was the heaviest.

Debts

€257,940 282% of the balance sheet
Financial debts 1%Suppliers 0%Other 99%

Of this, €255,753 falls due within a year.

2025 accounts filed 26 days after the deadlineTurnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,909 companies had the same profile as PASAVAN has now. Each dot stands for 18 companies, two years later.

85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 6,909 companies, not a prediction for PASAVAN. 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 check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 90%score equity €87,953 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0886765684
2 directors appointed, 1 resignation Resignation: (director) · Appointments: (statutory director) and (statutory director) · “Alle activiteiten van de bouwnijverheid als daar zijnde metselwerk, betonwerk, grondwerk, stukadoorwerk…” (deed in Dutch) · General meeting of 08-09-2025 · Gazette deed
Resignation: (manager) General meeting of 15-02-2019 · Gazette deed
First establishment Recollettenstraat 4, Nieuwpoort
All 27 events

Comparable companies

same main activity, similar in size and age
Company
PASAVAN Nieuwpoort €91,614 -€4,299 -181.5% 0
Bas Vaerewyck Mechelen €64,896 €1,302 98.3% 0
FingerPrint International Wevelgem €110,865 -€5,317 59.5% -
C- Factory Knokke-Heist €65,352 -€20,542 -59.3% -
LG-Project Anzegem €66,271 -€1,083 86.7% -
TRACES T.E.I. Belgium Florennes €87,318 -€7,099 72.4% -
FOLLOW-UP Wetteren €100,268 -€1,412 28.2% -

These companies have the same main activity as PASAVAN: pre-press and pre-media services (NACE 18130). They are comparable in size and age: total assets between €64,900 and €111,000, founded between 2005 and 2013.

Official details

Source: KBO
Status
Active since 26-01-2007Normal situation
Activity
Pre-press and pre-media servicesNACE 18130
Establishment unit
2.159.855.2508620 Nieuwpoort, since 09-02-2007
Financial year end
31 December
Peppol
Reachable since 27-11-2025
Company details

Annual accounts 2025

-€4,299▼ 41.9%
€11,390▲ 6.6%
-€166,325▼ 7.4%
€91,614▲ 1.9%
Filing
Filed on 26-08-2026
Financials

Insights on PASAVAN

PASAVAN files the abbreviated format. That format states no turnover. The gross margin fell from €2,203 in 2007 to -€4,299 in 2025.

holds 90% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 26-08-2026, 26 days late
-€4,299
▼ €1,269
-€10,441
▼ €1,121
-€11,390
▼ €710
-€247,442
▼ €15,261
-181.5%
▼ 9.2 percentage points
0.03
▲ 0.03

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.

Balance sheet

balance sheet total €91,614 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-181.5%

Lower than 95% of 370 companies in 2025.

0.03

Lower than 95% of 365 companies in 2025.

-12.4%

Higher than 9% of 369 companies in 2025.

PASAVAN Middle half of the sector 80% of the sector Abbreviated accounts in printing (NACE 18)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter · Staff: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 91,61489,87795,309101,789107,886110,902115,042122,204130,736139,431151,587162,860176,639171,172182,422191,590201,464210,889213,451
20 ---------------8351,6702,5053,339
21/28 83,30388,18293,06197,939103,001108,063113,125118,187122,333131,559143,923156,287168,651163,914173,103183,126193,150203,172202,719
22/27 83,30388,18293,06197,939103,001108,063113,125118,187122,333131,559143,923156,287168,651163,914173,103182,291191,480200,667199,380
22 83,30388,18293,06197,939102,818107,697112,576117,454122,333127,212132,091136,970141,848146,727151,606156,485161,364166,242171,121
23 ---0183366---9264,9919,05613,12217,18721,49725,80630,11634,42528,259
24 ------549733-3,4216,84110,26113,681------
29/58 8,3111,6952,2483,8504,8852,8391,9174,0178,4037,8727,6646,5737,9887,2589,3198,4648,3147,71710,732
3 1692163044851,0811,4081,5241,5573,2363,3954,3905,1354,681-4,5393,8855,0925,3566,337
30/36 1692163044851,0811,4081,5241,5573,2363,3954,3905,1354,681-4,5393,8855,0925,3566,337
40/41 1,6593994681,3121,143610333981959675063941,4644,1485553,2732891,7542,974
40 028----219981959675063561,0701382723,2732891,7541,159
41 1,6593714681,3121,143610114----383944,010283---1,815
54/58 6,4841,0801,4772,0522,661821602,3624,9723,5102,7681,0441,8433,1104,2251,3062,9336071,421
Balance sheet: equity and liabilities
10/49 91,61489,87795,309101,789107,886110,902115,042122,204130,736139,431151,587162,860176,639171,172182,422191,590201,464210,889213,451
10/15 -166,325-154,935-144,256-133,280-118,027-101,611-92,842-74,067-57,744-38,297-27,102-21,327-12,840-13,977-12,801-14,466-8,674-1,8795,166
10/11 20,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,000
100 ------20,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,000
11 -----20,000-------------
1109/19 -----20,000-------------
14 -186,325-174,935-164,256-153,280-138,027-121,611-112,842-94,067-77,744-58,297-47,102-41,327-32,840-33,977-32,801-34,466-28,674-21,879-14,834
17/49 257,940244,812239,564235,069225,913212,513207,884196,271188,480177,728178,689184,187189,479185,149195,223206,056210,138212,768208,285
17 2,18710,93719,68728,43737,18745,93754,68763,43772,18780,93789,68798,437107,187115,937124,687133,437142,187150,937159,687
170/4 2,18710,93719,68728,43737,18745,93754,68763,43772,18780,93789,68798,437107,187115,937124,687133,437142,187150,937159,687
42/48 255,753233,876219,878206,632188,726166,576153,197132,834116,29396,79189,00285,75082,29269,21270,53669,70967,95161,83148,598
42 8,7508,7508,7508,7508,7508,7508,7508,7508,7508,7508,7508,7508,7508,7508,7508,7508,7508,7508,750
43 ---------88,00080,00077,00073,50060,00060,00059,75058,50051,60039,425
439 ---------88,00080,00077,00073,50060,00060,00059,75058,50051,60039,425
44 250053---1,647282841181-424621,78626743603423
440/4 250053---1,647282841181-424621,78626743603423
45 -------56215-71----942658878-
450/3 -------56215-71----942658878-
47/48 246,753225,126211,075197,882179,976157,826142,800124,000107,300----------
492/3 ---------------2,910---
Income statement
9900 -4,299-3,030-2,843-6,528-7,019745-9,993-7,124-5,3417,11212,0019,80219,88614,87419,09611,99511,78912,5072,203
630 4,8794,8794,8795,0625,0625,0625,0625,0629,22512,36412,36412,36412,3649,1889,1889,1889,1889,1888,019
640/8 1,2631,4101,4501,4071,4111,301--------835835835835835
9901 -10,441-9,319-9,172-12,997-13,492-5,618-15,055-12,186-14,566-5,252-363-2,5627,5225,6869,0731,9721,7662,484-6,651
75/76B ------------------2
75 ------------------2
65/66B 9491,3611,8032,2572,6933,1513,6064,0824,7545,0085,4125,9256,3856,8627,4087,7648,5619,5298,185
65 9491,3611,8032,2572,6933,1513,6064,0824,7545,0085,4125,9256,3856,8627,4087,7648,5619,5298,185
9903 -11,390-10,680-10,975-15,254-16,185-8,769-18,661-16,268-19,320-10,260-5,775-8,4871,137-1,1761,665-5,792-6,795-7,045-14,834
67/77 ---0231-11455127935---------
9904 -11,390-10,680-10,975-15,254-16,416-8,769-18,775-16,323-19,447-11,195-5,775-8,4871,137-1,1761,665-5,792-6,795-7,045-14,834
9905 -11,390-10,680-10,975-15,254-16,416-8,769-18,775-16,323-19,447-11,195-5,775-8,4871,137-1,1761,665-5,792-6,795-7,045-14,834
Appropriation of the result
9906 -186,325-174,935-164,256-153,280-138,027-121,611-112,842-94,067-77,744-58,297-47,102-41,327-32,840-33,977-32,801-34,466-28,674-21,879-14,834
14P -174,935-164,256-153,280-138,027-121,611--------------
Social balance sheet
9087 000----------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 20 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 26 days after the deadline. Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00426918.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 26-08-2026 2026-00426918 PDF
31-12-2024 abbreviated format 31-07-2025 2025-00337981 PDF
31-12-2023 abbreviated format 22-08-2024 2024-00366058 PDF
31-12-2022 abbreviated format 05-07-2023 2023-00207929 PDF
31-12-2021 micro format 23-08-2022 2022-20305009 PDF
31-12-2020 micro format 29-07-2021 2021-42200448 PDF
31-12-2019 micro format 12-06-2020 2020-16200232 PDF
31-12-2018 micro format 03-06-2019 2019-15200274 PDF
31-12-2017 micro format 27-07-2018 2018-38300562 PDF
31-12-2016 micro format 04-07-2017 2017-25700104 PDF
31-12-2015 abbreviated format 29-07-2016 2016-36800157 PDF
31-12-2014 abbreviated format 18-05-2015 2015-11900158 PDF
31-12-2013 abbreviated format 02-06-2014 2014-14100169 PDF
31-12-2012 abbreviated format 29-03-2013 2013-07500075 PDF
31-12-2011 abbreviated format 01-03-2012 2012-05000202 PDF
31-12-2010 abbreviated format 10-03-2011 2011-05500086 PDF
31-12-2009 abbreviated format 04-05-2010 2010-10700222 PDF
31-12-2008 abbreviated format 18-03-2009 2009-07600279 PDF
31-12-2007 abbreviated format 23-05-2008 2008-14800376 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
-5,562-4,441-4,293-7,935-8,430-556-9,993-7,124-5,3417,11212,0019,80219,88614,87418,26111,16010,95411,6721,368
-6,511-5,801-6,097-10,192-11,354-3,707-13,713-11,261-10,2221,1696,5893,87713,5018,01210,8533,3962,3932,143-6,815
0000000916-100017,101-1-835-836-83410,475207,399
5,404-397-575-6091,840761-2,302-2,6101,4627421,724-799-1,267-1,1152,919-1,6272,326-814-
-247,442-232,181-217,629-202,783-183,841-163,737-151,280-128,817-107,890-88,919-81,338-79,177-74,304-61,954-61,217-61,245-59,637-54,114-37,866
-181.5%-172.4%-151.4%-130.9%-109.4%-91.6%-80.7%-60.6%-44.2%-27.5%-17.9%-13.1%-7.3%-8.2%-7.0%-7.6%-4.3%-0.9%2.4%
0.030.010.010.020.030.020.010.030.070.080.090.080.100.100.130.120.120.120.22
0.030.010.010.020.020.010.000.020.040.050.040.020.040.100.070.070.050.040.09
------------------40.32
-------------------287.1%
-12.4%-11.9%-11.5%-15.0%-15.2%-7.9%-16.3%-13.4%-14.9%-8.0%-3.8%-5.2%0.6%-0.7%0.9%-3.0%-3.4%-3.3%-6.9%
-5.86-3.26-2.38-3.52-3.13--------------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets-€19,687---
Mortgages, amount registered€160,000€160,000€160,000--
Carrying value of the mortgaged assets€88,182€88,182€93,061--

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Financial fixed assets€0----
€4,879€4,879€4,879€5,062€5,062

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on PASAVAN

The operating result for 2025 is a loss of €10,441, larger than the loss of €9,319 in 2024. It is the lowest result since 2022.

Equity is negative. Debt (€257,940) exceeds the balance-sheet total (€91,614).

Board & ownership

Board

1 director, last change in 2025
Director
listed in the 2025 annual accounts, filed on 26-08-2026

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today

Director

Director (not named in the articles)

Statutory director

Statutory director

Manager
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
    • Director, since before 31-12-2022
    • Director (not named in the articles), from before 31-12-2021 to 24-09-2025
    • Statutory director, appointed by deed of 24-09-2025, no longer listed in the 2025 annual accounts
    • Statutory director, appointed by deed of 24-09-2025, no longer listed in the 2025 annual accounts
    • Manager, until 15-02-2019

See the board, name and registered office on a given date →

Control

Parent
Equity €87,953
Loss €5,922 in 2025 (loss €7,885 in 2024)
Checked score
Source: accounts 2025
90%
This company
PASAVAN
Equity -€166,325
Loss €11,390 in 2025

Capital

Contribution
€20,000
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
90%
Owners as a list
    • 2021 to 2025: 90%

Source: lists of holdings in the owners' accounts

Network & group

Group

has 1 direct subsidiary (2025 accounts)
Parent1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE PASAVAN90% -€166,325 result -€11,390

Source: list of holdings in the 2025 accounts of . Every holding stands with its own latest accounts.

At the same address

Recollettenstraat 4, 8620 Nieuwpoort · 1 other company
ALVERO
registered office since 01-01-1984 · founded in 1984
total assets €183,680 (2025)
0426.695.476

Connections & network

1 current director
Depth

The network starts from the directors of PASAVAN. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

27 events since 2007

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 26 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0886765684
2 directors appointed, 1 resignationResignation: (director) · Appointments: (statutory director) and (statutory director) · “Alle activiteiten van de bouwnijverheid als daar zijnde metselwerk, betonwerk, grondwerk, stukadoorwerk…” (deed in Dutch) · General meeting of 08-09-20256 points ▸
  • General meeting, 08-09-2025
  • Director resignation, (director (not named in the articles))
  • Director appointment, (statutory director)
  • Director appointment, (statutory director)
  • Purpose change, “Alle activiteiten van de bouwnijverheid als daar zijnde metselwerk, betonwerk, grondwerk, stukadoorwerk, vloer- en muurbetegeling, dakwerken, voegwerk…” (deed in Dutch)
  • Registered office clause, Recollettenstraat 4, 8620 Nieuwpoort
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFabbreviated format · on the deadline day
2024
Annual accounts 2023 filed PDFabbreviated format · 22 days late
2023
Annual accounts 2022 filed PDFabbreviated format · 26 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 23 days late
2021
Annual accounts 2020 filed PDFmicro format · 2 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 49 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 58 days before the deadline
Resignation: (manager)General meeting of 15-02-20192 points ▸
  • General meeting, 15-02-2019
  • Director resignation, (manager)

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFmicro format · 4 days before the deadline
2017
Weakest financial year net -€19,447 The net result drops to -€19,447, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2016 filed PDFmicro format · 27 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 2 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 74 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 59 days before the deadline
2013
Back to profit net €1,137 The net result is €1,137, after one loss-making year.
Annual accounts 2012 filed PDFabbreviated format · 124 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 152 days before the deadline
2011
Back to profit net €1,665 The net result is €1,665, after 4 loss-making years.
Annual accounts 2010 filed PDFabbreviated format · 143 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 88 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 135 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 69 days before the deadline
2007
First establishment Recollettenstraat 4, Nieuwpoort
Incorporation PDFpublished on 05-02-2007

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

On 26 January 2007, PASAVAN was incorporated.1 Total assets went from €122,204 in 2018 to €91,614 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0886.765.684
VAT number
BE 0886.765.684
Peppol ID
0208:0886765684
Other Peppol ID
9925:BE0886765684
Legal form
Private limited company
Status
Active, normal situation
Founded
26-01-2007
Financial year
ends on 31 December
Peppol
Reachable since 27-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
PASAVAN in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
18130 Pre-press and pre-media services main activity
Codes under NACEBEL 2003
22250 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Recollettenstraat 4 registered office 8620 Nieuwpoort 09-02-2007 2.159.855.250

Buildings and parcels at the address

Ground area
106 m²
Buildings
106 m²
Volume, LiDAR
765 m³
Tallest building
13.0 m
Buildings to scale, each on its own parcel
106 m², 13.0 m 106 m², 13.0 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
38016B0961/00S000106 m² 1 · 106 m² 13.0 m · 3