PASCOTRANS
ActivePASCOTRANS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €281k and a net result of €-2k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 69% of 4604 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-2
Solvency83▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 2.09 in 2024; short-term debt: 21.9% and cash: 21.9% of total assets), and 41.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
10 d early
2023
4 d early
2022
21 d early
2021
19 d late
2020
5 d early
2019
4 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€281k▼ 0.9%
2024 · €284k
2018: €242k
2019: €266k
2020: €270k
2021: €291k
2022: €286k
2023: €279k
2024: €284k
2018 → 2025
Total assets
€482k▲ 5.7%
2024 · €455k
2018: €445k
2019: €438k
2020: €403k
2021: €402k
2022: €390k
2023: €485k
2024: €455k
2018 → 2025
Net result
€-2k
2024 · €5k
2018: €29k
2019: €23k
2020: €4k
2021: €14k
2022: €-5k
2023: €-7k
2024: €5k
2018 → 2025
Working capital
€102k▲ 34.4%
2024 · €76k
2018: €14k
2019: €57k
2020: €66k
2021: €106k
2022: €105k
2023: €59k
2024: €76k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€291k-€286k▼ 1.9%€279k▼ 2.4%€284k▲ 1.8%€281k▼ 0.9%
Operating result€33k-€-926€-7k▼ 649%€11k€12k▲ 11.4%
Net result€14k-€-5k€-7k▼ 24.5%€5k€-2k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €482k
Fixed assets
€274k▼ 11.5%
Current assets
€207k▲ 42.5%
Equity and liabilities €482k
Equity
€281k▼ 0.9%
Provisions
€12k▼ 16.0%
Debt
€189k▲ 19.5%
The debt ratio rises from 34.7% to 39.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€91k▲
2024 · €55k
Cash flow
€76k▲
2024 · €48k
Solvency
58.4%▼
2024 · 62.3%
Current ratio
1.96▼
2024 · 2.09
Quick ratio
1.96▼
2024 · 2.09
Debt / equity
0.67▲
2024 · 0.56
ROE
-0.9%▼
2024 · 1.7%
ROA
-0.5%▼
2024 · 1.1%
Interest coverage
16.54▲
2024 · 9.18
Debt
€189k▲
2024 · €158k
Debt ≤ 1 year
€105k▲
2024 · €70k
Debt > 1 year
€83k▼
2024 · €88k
Income taxes
€12k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€455k€482k▲
Fixed assets21/28€310k€274k▼
Tangible fixed assets22/27€308k€273k▼
Land and buildings22€199k€186k▼
Furniture and vehicles24€109k€87k▼
Financial fixed assets28€2k€2k=
Current assets29/58€145k€207k▲
Amounts receivable within one year40/41€69k€101k▲
Trade receivables40€62k€89k▲
Other amounts receivable41€7k€12k▲
Current investments50/53€70k€0▼
Cash at bank and in hand54/58€3k€106k▲
Deferred charges and accrued income490/1€2k€706▼
Equity and liabilities
Total equity and liabilities10/49€455k€482k▲
Equity10/15€284k€281k▼
Contributions10/11€19k€19k=
Reserves13€221k€217k▼
Tax-exempt reserves132€74k€44k▼
Distributable reserves133€147k€173k▲
Profit (loss) carried forward14€45k€46k▲
Provisions and deferred taxes16€14k€12k▼
Deferred taxes168€14k€12k▼
Amounts payable17/49€158k€189k▲
Amounts payable after more than one year17€88k€83k▼
Financial debts170/4€88k€83k▼
Amounts payable within one year42/48€70k€105k▲
Current portion of amounts payable after more than one year42€25k€39k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€23k€34k▲
Suppliers440/4€23k€34k▲
Taxes, remuneration and social security45€4k€15k▲
Taxes450/3€2k€13k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€18k€18k=
Accrued charges and deferred income492/3-€552
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€79k▲
Other operating charges640/8€4k€15k▲
Gross operating margin9900€58k€107k▲
Operating profit (loss)9901€11k€12k▲
Financial income75/76B€328€453▲
Recurring financial income75€328€453▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€6k€7k▲
Transfer from deferred taxes780€1k€2k▲
Income taxes67/77€2k€12k▲
Profit (loss) for the period9904€5k€-2k▼
Transfer from tax-exempt reserves789€3k€29k▲
Profit (loss) for the period to be appropriated9905€8k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€72k▲
Profit (loss) brought forward from the previous period14P€36k€45k▲
Transfer to equity691/2-€26k
To other reserves6921-€26k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
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.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
20-10-2023
Resigned as Manager
Location & real-estate footprint
Registered office, Herzele · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenhuizestraat 359550 HerzeleGround area
1,087 m²
Building footprint
162 m²
Volume, LiDAR
968 m³
Parcel 41062B0110/00E000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Steenhuizestraat 35, 9550 Herzele
since 19912.054.514.636
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41062B0110/00E000 | Flanders | 1,087 m² | 1 · 162 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 3 entries · 1,791 EUR awarded · 1,791 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 186 EUR | 186 EUR |
| 2023 | 2 | 1,605 EUR | 1,605 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
TRANSPORT M. WILLEMS
BE 0457.269.084
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CVS CARGO GROUP
BE 0692.522.392
Asse · Eq €281k
PETROMA TRANSPORTS
BE 0401.812.602
Seneffe · Eq €281k
MEUWISSEN TRANSPORT
BE 0884.903.581
Kinrooi · Eq €281k
BKD-EXPRESS
BE 0508.843.885
Boechout · Eq €282k
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,906 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-1991
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
49420Removal services
60241
71100
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.