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PASFIT

Active
Private limited companyfounded 2000active for 26 yearsEerdegemstraat 73, 9310 Aalst, BelgiumKBO/BCE: BE 0469.518.602
Summary

The computed 12-month bankruptcy probability of PASFIT is 3.0% (moderate). The 2025 annual accounts show equity of €158,429 and a net result of €38,550. Equity has been growing by about 55% per year since 2019. Its solvency ranks better than 76% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 11-01-2000 Normal situation
Activity
Cafés and bars NACE 56301
Establishment unit
2.099.842.142 since 19-10-2000
Financial year end
30 June
Peppol
Reachable since 24-11-2023

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.0%
Annual accounts to 30-06-2025
Gross margin
€47,174
▼ 28.7%
Turnover
≈ €200,000
estimated
Profit
€38,550
▼ 31.7%
Equity
€158,429
▲ 32.2%
Total assets
€261,754
▲ 21.7%
  • 2025 accounts filed 61 days after the deadline
Filed on 02-04-2026
Score breakdownraises risk1 change of registered office in 24 monthsSector: Food and beverage service activities (NACE 56)Last filed accounts filed 62 days late; 1 of the last 3 accounts lateEx-officio strike-off in the KBOShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 71% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 86+5
equity 60.5% of total assets
Liquidity 56+22
short-term debt 39.5% · cash 19.2%
Profitability 87-13
return on assets 14.7%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 1.2% 01-2025: 1.5%▲ +0.3 percentage points vs 12-2024 02-2025: 2.0%▲ +0.5 percentage points vs 01-2025 03-2025: 1.1%▼ -0.9 percentage points vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.0%▼ -0.1 percentage points vs 06-2025 08-2025: 1.0%● unchanged 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 11-2025lowest value 01-2026: 1.2%▲ +0.2 percentage points vs 12-2025 02-2026: 1.5%▲ +0.3 percentage points vs 01-2026 03-2026: 3.3%▲ +1.8 percentage points vs 02-2026 04-2026: 10.5%▲ +7.2 percentage points vs 03-2026highest value 05-2026: 2.9%▼ -7.6 percentage points vs 04-2026 06-2026: 2.9%● unchanged vs 05-2026 07-2026: 2.9%● unchanged vs 06-2026 08-2026: 2.9%● unchanged vs 07-2026 09-2026: 2.9%● unchanged vs 08-2026 10-2026: 3.0%▲ +0.1 percentage points vs 09-2026 11-2026: 3.0%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.28 (1.96 in 2024), above the usual 1.5. Short-term debt is 39.5% and cash 19.2% of total assets. 39.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 56, micro). It does better than 77% of them on solvency, 59% on liquidity, 75% on profitability and 74% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Six signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Last filed accounts filed 62 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-04-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
4 days late
2023
1 day early
2022
50 days late
2021
59 days late
2019
16 days early
2018
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 22 March (4 of the last 5 accounts filed within 46 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline

Key points

  • Positive: More equity than 86% of companies in food and beverage servicesector median €28,733 · 16,992 companies €158,429 View

Recent changes

  1. · Gazette deed Merger proposal: PASFIT takes over DECA-D
  2. · Gazette deed Registered office moved from Gent to Baardegem
  3. · KBO administration Address struckOverpoortstraat 76 L’adresse du siège Overpoortstraat 76 9000 Overpoortstraat 76 9000, 9000 Gent werd doorgehaald met ingang van Gent · event 15-12-2025
All 19 events

Comparable companies

These companies have the same main activity as PASFIT: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €201,000 and €270,000, founded between 2000 and 2005.

CompanyTotal assetsGross margin
PASFIT Aalst€261,754€47,174
Van Laere - De Wilde Berlare€269,678€62,660
MIYAGE Haaltert€248,330€52,553
Sonlo Hoogstraten€249,910€47,637
BUVE Oostende€241,508€59,371
HOMERUS Gent€201,002€62,618
EROGLU Gent€203,125€52,579
Full comparison

Key facts about PASFIT

What is the company number of PASFIT?
The company number of PASFIT is 0469.518.602. The VAT number is the same number with BE in front: BE 0469.518.602.
Where is PASFIT based?
The registered office is at Eerdegemstraat 73, 9310 Aalst.Company details
What does PASFIT do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of PASFIT?
The legal form of PASFIT is Private limited company (BV).
When was PASFIT founded?
PASFIT was founded on 11-01-2000.
Is PASFIT still active?
Yes, PASFIT is an active enterprise in the KBO register.
What is the turnover of PASFIT?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €47,174 and 39 comparable companies (NACE 56301). It probably lies between €130,000 and €260,000.Financials
Is PASFIT profitable?
In financial year 2025, PASFIT made a profit of €38,550.
Where can I find the annual accounts of PASFIT?
PASFIT filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PASFIT due?
PASFIT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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