PASHAJ
ActiveSummary
PASHAJ has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,898 and a net result of €23,034. Its solvency ranks better than 48% of 38,911 sector peers (NACE 70, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · fiscal year 2025, micro schema
Turnover and EBIT margin not published: the micro schema does not require them.
Peer companies
Historical observationOf the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Turnover70 | €109,174 |
| Non-recurring operating income76A | €306 |
| Goods, raw materials, services and sundry goods60/61 | €79,270 |
| Remuneration, social security and pensions62 | €1,755 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,532 |
| Other operating charges640/8 | €50 |
| Gross operating margin9900 | €32,714 |
| Operating profit (loss)9901 | €23,376 |
| Financial income75/76B | €13 |
| Recurring financial income75 | €13 |
| Financial charges65/66B | €355 |
| Recurring financial charges65 | €355 |
| Profit (loss) for the period before taxes9903 | €23,034 |
| Profit (loss) for the period9904 | €23,034 |
| Profit (loss) for the period to be appropriated9905 | €23,034 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €51,699 | |
| Formation expenses20 | €0 | |
| Fixed assets21/28 | €28,699 | |
| Intangible fixed assets21 | €325 | |
| Tangible fixed assets22/27 | €28,374 | |
| Land and buildings22 | €0 | |
| Plant, machinery and equipment23 | €964 | |
| Furniture and vehicles24 | €27,409 | |
| Current assets29/58 | €23,001 | |
| Amounts receivable after more than one year29 | €109 | |
| Other amounts receivable291 | €109 | |
| Amounts receivable within one year40/41 | €15,269 | |
| Trade receivables40 | €12,214 | |
| Other amounts receivable41 | €3,055 | |
| Cash at bank and in hand54/58 | €7,622 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €51,699 | |
| Equity10/15 | €27,898 | |
| Contributions10/11 | €4,864 | |
| Profit (loss) carried forward14 | €23,034 | |
| Amounts payable17/49 | €23,801 | |
| Amounts payable after more than one year17 | €15,000 | |
| Financial debts170/4 | €15,000 | |
| Amounts payable within one year42/48 | €7,078 | |
| Trade debts44 | €2,578 | |
| Suppliers440/4 | €2,578 | |
| Taxes, remuneration and social security45 | €4,500 | |
| Remuneration and social security454/9 | €4,500 | |
| Accrued charges and deferred income492/3 | €1,724 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €23,034 |
| + Depreciation and write-downs630 | €7,532 |
| Operating cash flow (approximation) | €30,566 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.