Equity
€72,824 from €375,787 in 2022
Equity fell by 81% in 3 years.
PASEO
Lifetime
10 annual accounts with figures on one time axispeak €227,634 (2025)
€227,634▲ 18.3%
peak €150,360 (2025)
€150,360▲ 23.7%
peak €375,787 (2022)
€72,824▼ 80.4%
€409,507▲ 38×
peak 0.5 FTE (2017)
-not published
Board1 name since 2016
1 director
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Gross margin from €192,396 to €227,634Algemene Vergadering - Boekjaar 09-07Dividend €450,000Equity from €372,464 to €72,824Debts from €10,755 to €409,507Investments €75,356
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Key points
from the 2025 annual accountsDebts
€409,507 85% of the balance sheet
Suppliers 1%Taxes and wages 1%Other 98%
Investments
€75,451 4.8 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.90 was 30.69 in 2024
Short-term debts rose from €10,755 to €409,507.
Filings
10 annual accounts since 2016
The last five annual accounts were filed 35 to 80 days before the end of the period.
Position in the sector
€150,360
Higher net result than 95% of companies in food and beverage service. Sector median €4,883 · 17,138 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as PASEO has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 5,053 companies, not a prediction for PASEO. 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
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Signals
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Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0660561882
Algemene Vergadering - Boekjaar
Gazette deed
Appointment: (director)
Permanent representative: · General meeting of 23-10-2023 · Gazette deed
Incorporation
published on 02-08-2016 · Gazette deed
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PASEO Mol | €482,331 | €227,634 | 15.1% | - |
| DE NIEUWE ROMA Hoogstraten | €501,308 | €281,793 | 38.1% | - |
| Den Ijsberg Meerhout | €487,096 | €258,459 | 39.0% | - |
| TOUAMI Namur | €468,657 | €237,402 | 94.0% | - |
| TENGFEI Genk | €526,310 | €220,652 | 72.7% | - |
| GHAZAL Brussels | €514,545 | €204,503 | 24.8% | - |
| FRITUUR BEN Wetteren | €521,385 | €195,652 | 51.7% | - |
These companies have the same main activity as PASEO: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €469,000 and €526,000, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 29-07-2016Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment units
- 2.260.500.1732400 Mol, since 29-07-2016
- 2.260.500.2722400 Mol, since 29-07-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- ≈ €700,000estimated
- €482,331▲ 25.9%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on PASEO
PASEO files the micro format. That format states no turnover. The gross margin rose from €21,640 in 2016 to €227,634 in 2025.
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 PASEO
- What is the company number of PASEO?
- The company number of PASEO is 0660.561.882. The VAT number is the same number with BE in front: BE 0660.561.882.
- Where is PASEO based?
- The registered office is at Heistraat 83, 2400 Mol.Company details
- What does PASEO do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of PASEO?
- PASEO is a private limited company (BV).
- When was PASEO founded?
- PASEO was founded on 29-07-2016.
- Is PASEO still active?
- Yes, PASEO is an active enterprise in the KBO register.
- How many employees does PASEO have?
- PASEO had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PASEO fall under?
- In its 2025 annual accounts, PASEO states joint committee 302 (Hotels and catering).
- What is the turnover of PASEO?
- The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €227,634 and 79 comparable companies (NACE 56112). It probably lies between €520,000 and €870,000.
- Is PASEO profitable?
- In financial year 2025, PASEO made a profit of €150,360.
- Where can I find the annual accounts of PASEO?
- PASEO filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PASEO due?
- PASEO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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