PASEC PORT
ActivePASEC PORT has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.77M and a net result of €29k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 645 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+16
Solvency81▲+4
Growth62=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 2.23 in 2024; short-term debt: 39.6% and cash: 0.8% of total assets), and 43.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.1%
Return on assets
0.6%
Age of the figures
9 mo
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
9 d early
2023
6 d early
2022
11 d early
2021
6 d early
2020
5 d early
2019
1 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€11.04M▲ 18.1%
2023 · €9.35M
2022: €11.23M
2023: €9.35M
2022 → 2024
EBIT margin
0.1%▲ 0.1pp
2023 · 0.0%
2022: 3.1%
2023: 0.0%
2022 → 2024
Net result
€29k▲ 154%
2024 · €12k
2018: €-606k
2019: €366k
2020: €461k
2021: €297k
2022: €263k
2023: €86k
2024: €12k
2018 → 2025
Working capital
€2.87M▲ 0.3%
2024 · €2.86M
2018: €1.10M
2019: €1.48M
2020: €1.99M
2021: €2.43M
2022: €2.70M
2023: €2.78M
2024: €2.86M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€11.23M€9.35M▼ 16.8%€11.04M▲ 18.1%
Equity€2.38M-€2.65M▲ 11.0%€2.73M▲ 3.2%€2.74M▲ 0.4%€2.77M▲ 1.1%
Operating result€422k-€350k▼ 16.9%€1k▼ 99.6%€10k▲ 689%€36k▲ 258%
Net result€297k-€263k▼ 11.5%€86k▼ 67.4%€12k▼ 86.6%€29k▲ 154%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 258% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.94M
Fixed assets
€113k▼ 10.2%
Current assets
€4.83M▼ 6.8%
Equity and liabilities €4.94M
Equity
€2.77M▲ 1.1%
Debt
€2.17M▼ 15.5%
The debt ratio falls from 48.3% to 43.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2024 · €20k
Cash flow
€40k▲
2024 · €22k
Solvency
56.1%▲
2024 · 51.7%
Current ratio
2.47▲
2024 · 2.23
Quick ratio
2.08▲
2024 · 1.91
Debt / equity
0.78▼
2024 · 0.94
ROE
1.1%▲
2024 · 0.4%
ROA
0.6%▲
2024 · 0.2%
Interest coverage
17.61▲
2024 · 8.57
Debt
€2.17M▼
2024 · €2.57M
Debt ≤ 1 year
€1.96M▼
2024 · €2.32M
Income taxes
€22k▲
2024 · €12k
Staff costs
€433k▼
2024 · €442k
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€5.31M€4.94M▼
Fixed assets21/28€126k€113k▼
Tangible fixed assets22/27€31k€18k▼
Plant, machinery and equipment23€29k€18k▼
Furniture and vehicles24€2k-
Financial fixed assets28€95k€95k=
Current assets29/58€5.19M€4.83M▼
Stocks and contracts in progress3€751k€753k▲
Stocks30/36€751k€753k▲
Amounts receivable within one year40/41€4.28M€4.04M▼
Trade receivables40€2.89M€2.64M▼
Other amounts receivable41€1.40M€1.40M▼
Cash at bank and in hand54/58€150k€38k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€5.31M€4.94M▼
Equity10/15€2.74M€2.77M▲
Contributions10/11€450k€450k=
Capital10€450k€450k=
Issued capital100€450k€450k=
Reserves13€2.29M€2.32M▲
Non-distributable reserves130/1€50k€50k=
Legal reserve130€45k€45k=
Reserves not available under the articles1311€5k€5k=
Tax-exempt reserves132€65k€65k=
Distributable reserves133€2.18M€2.21M▲
Amounts payable17/49€2.57M€2.17M▼
Amounts payable within one year42/48€2.32M€1.96M▼
Trade debts44€2.30M€1.92M▼
Suppliers440/4€2.30M€1.92M▼
Taxes, remuneration and social security45€25k€37k▲
Taxes450/3-€13k
Remuneration and social security454/9€25k€24k▼
Accrued charges and deferred income492/3€244k€211k▼
Income statement
Code20242025
Turnover70€11.04M-
Non-recurring operating income76A-€230k
Goods, raw materials, services and sundry goods60/61€10.76M-
Remuneration, social security and pensions62€442k€433k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€10k
Other operating charges640/8€45k€10k▼
Non-recurring operating charges66A€125k€93k▼
Gross operating margin9900€632k€592k▼
Operating profit (loss)9901€10k€36k▲
Financial income75/76B€16k€19k▲
Recurring financial income75€13k€19k▲
Non-recurring financial income76B€3k-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€23k€52k▲
Income taxes67/77€12k€22k▲
Profit (loss) for the period9904€12k€29k▲
Profit (loss) for the period to be appropriated9905€12k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€29k▲
Transfer to equity691/2€12k€29k▲
To other reserves6921€12k€29k▲
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (9 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €461k ▲26%
Operating result €467k, net result €461k, both a record.
31-12
Financial
Equity above €2MEq €2.09M ▲28.3%
2 profitable years in a row build equity to €2.09M.
19-11
State Gazette act
General meeting · Director resignation
Director appointment · Director reappointment
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €366k
Net result €366k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
19 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, Antwerpen · 1 establishment unit since 2019
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.
Ketelhof 82030 AntwerpenGround area
1.5 ha
Building footprint
1.0 ha
Volume, LiDAR
91,467 m³
Parcel 11807G1806/00C000, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PASEC PORT
since 20192.291.515.132
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1806/00C000 | Flanders | 1.5 ha | 1 · 1.0 ha | 14.2 m · 3 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
2022 · 1 entry · 1,133 EUR awarded · 1,133 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,133 EUR | 1,133 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.291.515.132
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Of 3,190 companies in sector 52250 we hold annual accounts for 1,956. 908 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-05-1978
Fiscal year end31-12
Activities, NACEBEL
52241Warehousing and support activities for transportation
52250Logistics services
52290Warehousing and support activities for transportation
63405
63406
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:administration@pasecport.com
Phone:03/546.41.50
Fax:03/542.31.13