PASEK BELGIË

Active

Private limited companyfounded 2019active for 7 yearsSint-Michielslaan 65, 1040 Etterbeek, Belgium91 active companies are registered at this addressKBO/BCE: BE 0720.913.797

Summary

PASEK BELGIË has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €775,563. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 592 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

PASEK BELGIËActiveChecked score 84/100

Risk analysis Report Compare

Activity

Installation of industrial machinery and equipment

NACE 33200Bricklaying and masonry work NACE 43910

2nd largest company by equity in Etterbeek, Manufacturing sector2 sites

Size

€4.5mtotal assets 2025

Staff: 21.7 FTE
Equity: €1.1m
Profit: €775,563

Financial health

84 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Structure

Parent: PASEK ESPAÑA S.A.U.

PASEK ESPANA S.AU.Director · permanent representative Pablo Cuervo Arango Pire

Auditor: SRL Michel Weber Réviseur d'Entreprises2025 accounts 4 days early5 of 8 deeds summarised

Why 84raises riskFounded in 2019lowers riskSize: 21.7 FTE, total assets €4.5mFigures for financial year 2025 (filed 27-07-2026)Liquidity: current ratio 1.21, cash €610,856Show the evidence

Checked score

Score 2025

84 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 58% of its sector peers (NACE 33, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 49+10

equity 24.0% of total assets

Liquidity 26+7

short-term debt 75.5% · cash 13.5%

Profitability 90-10

return on assets 17.1%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (194 companies, NACE 33, small)

Last 24 months 11-2024: 2.0% 12-2024: 2.0%● unchanged vs 11-2024 01-2025: 2.0%● unchanged vs 12-2024 02-2025: 1.9%▼ -0.1 percentage points vs 01-2025 03-2025: 2.2%▲ +0.3 percentage points vs 02-2025 04-2025: 2.5%▲ +0.3 percentage points vs 03-2025 05-2025: 2.7%▲ +0.2 percentage points vs 04-2025 06-2025: 2.9%▲ +0.2 percentage points vs 05-2025 07-2025: 3.2%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 1.0%▼ -2.2 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%▼ -0.4 percentage points vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▼ -0.5 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value

Credit of up to €90,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.21, compared with 1.02 in 2024, below the usual 1.5; short-term debt: 75.5% and cash: 13.5% of total assets), and 76% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 33, small): better than 27% on solvency, 21% on liquidity, 90% on profitability and 95% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Size: 21.7 FTE, total assets €4.5m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 27-07-2026)

NBB · annual accounts

Founded in 2019

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 1.21, cash €610,856

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year €1.1m

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

4 days early

2024

8 days early

2023

5 days early

2022

34 days early

2021

40 days early

2020

24 days early

2019

3 days early

← 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 17 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

02-10-2026 Reappointment: SRL Michel WEBER, reviseur d'entreprises…Power of attorney
27-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
08-01-2026 Resignation: Pablo Cuervo Arango Pire (director)Appointment: PASEK ESPANA S.AU. (director)…

Key points

Positive: Equity rose in 2025from €608,212 to €1.1m ▲ 78.2% View
Positive: Among the best 5% on net resultsector median €43,436 · 591 companies €775,563 View
Caution: Board changedlatest change 17-12-2025 · 1 in office 1 joined · 1 left View
Controlled by PASEK ESPAÑA S.A.U. parent View
Positive: Always filed on timeaccounts within the deadline every year 7 years View
Positive: 6 profitable years in a rowprofit 2025: €775,563 6 years View

By topic

Financials

Financial year: 2025
Total assets: €4.5m
Profit: €775,563
Solvency: 24.0%

Total assets▲ 1.7%

Net result

20192025

Go to Financials

Board & ownership

Board: 1 member
Parent: PASEK ESPAÑA S.A.U.
Auditor: SRL Michel Weber Réviseur…

PASEK ESPANA S.AU.Director

Go to Board & ownership

Timeline

Events: 18
Since: 2020
Next accounts: by 31-07-2027

31-12-2025Equity above €1m
23-07-2025Annual accounts filed
31-12-2024Highest result from 2019 to 2025

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Installation of industrial machinery and equipmentNACE 33200
Founded: 19-02-2019
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 18

Purpose: “Het contracteren,uitvoeren,lasverbinding(assemblage),reparatie en onderhoud van alle…” (deed in Dutch)

Go to Articles of association

Key facts about PASEK BELGIË

What is the company number of PASEK BELGIË?: 0720.913.797. In Belgium the VAT number is the company number with BE in front: BE 0720.913.797.
Where is PASEK BELGIË based?: The registered office is at Sint-Michielslaan 65, 1040 Etterbeek.Company details
What does PASEK BELGIË do?: According to the KBO register, the main activity is installation of industrial machinery and equipment (NACE 33200).
What is the legal form of PASEK BELGIË?: Private limited company (BV).
When was PASEK BELGIË founded?: On 19-02-2019.
Is PASEK BELGIË still active?: Yes, PASEK BELGIË is an active enterprise in the KBO register.
How many employees does PASEK BELGIË have?: On average 21.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PASEK BELGIË?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is PASEK BELGIË profitable?: In financial year 2025, PASEK BELGIË made a profit of €775,563.
Where can I find the annual accounts of PASEK BELGIË?: PASEK BELGIË filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PASEK BELGIË due?: By 31-07-2027, for financial year 2026.Timeline