Equity
€461,858 ▼ 0.5%
PASIND paid out €66,000 in dividends. That is 104% of the 2025 profit.
PASIND
Lifetime
19 annual accounts with figures on one time axis, 23 filings since 2003peak €275,153 (2025)
€275,153▲ 80.1%
peak €82,068 (2022)
€63,758▲ 26.9%
peak €497,296 (2021)
€461,858▼ 0.5%
€1.1m▼ 9.6%
Board3 names since 2016
3 directors and 2 others
Documentsfilings and deeds
16-01-202615 days before the deadline
2025micro format
Gross margin from €152,740 to €275,153Result from €50,260 to €63,758Dividend €66,000Cash from €146,352 to €81,912
Key points
from the 2025 annual accountsSecurities
€450,000
Mortgages, new in 2025. 97.4% of equity · not in the 2024 accounts.
Filings
23 annual accounts since 2003
The last five annual accounts were filed 15 to 57 days before the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,684 companies had the same profile as PASIND has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,684 companies, not a prediction for PASIND. 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
Recent changes
Registered office moved from Destelbergen to Ghent
New registered office: Burgstraat 118, 9000 Gent · Previous registered office: Laarnebaan 106 bus A, 9070 Destelbergen · Board meeting of 11-03-2024 · Gazette deed
Project notification acknowledged
Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging · Destelbergen
Reappointments: (chair and managing director) and (managing director)
Gazette deed
Capital decrease of €118,000 to €62,000
Capital from €180,000 to €62,000 · Appointments: (managing director) and (managing director) · General meeting of 02-02-2017 · Gazette deed
Official details
Source: KBO- Status
- Active since 06-03-2002Normal situation
- Activity
- “Het beheer uitsluitend voor eigen rekening, van roerende en onroerende vermogens, het beleggen, beheren…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.096.248.8859000 Ghent, since 02-08-2002
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-06-2025
- ≈ €550,000estimated
- €1.5m▼ 7.0%
- Filing
- Filed on 16-01-2026, 15 days before the end of the filing period
Insights on PASIND
PASIND files the micro format. That format states no turnover. The gross margin rose from €100,092 in 2007 to €275,153 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets, financed with long-term debt.
In January 2023, the Official Gazette published the appointment of as managing director.
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 PASIND
- What is the company number of PASIND?
- The company number of PASIND is 0477.015.019. The VAT number is the same number with BE in front: BE 0477.015.019.
- Where is PASIND based?
- The registered office is at Burgstraat 118, 9000 Ghent.Company details
- What is the legal form of PASIND?
- PASIND is a public limited company (NV).
- When was PASIND founded?
- PASIND was founded on 06-03-2002.
- Is PASIND still active?
- Yes, PASIND is an active enterprise in the KBO register.
- What is the turnover of PASIND?
- The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €275,153 and 875 comparable companies of the same size. It probably lies between €380,000 and €810,000. It is a rough estimate.Financials
- Is PASIND profitable?
- In financial year 2025, PASIND made a profit of €63,758.
- Where can I find the annual accounts of PASIND?
- PASIND filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PASIND due?
- PASIND must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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