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Pasja

Active
Private limited companyfounded 2025active for 1 yearGoethalsstraat 12, 8620 Nieuwpoort, BelgiumKBO/BCE: BE 1019.760.604
Summary

Pasja has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,451 and a net result of €47,117. Its solvency ranks better than 79% of 15,712 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Other legal services
NACE 69109
2 sites
Size
€59,813total assets 2025
Equity
€48,451
Profit
€47,117
Turnover not published (micro format)
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 31 days early
Why 98lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 5.22, cash €47,940Equity €48,451 (81.0% of total assets)Figures for financial year 2025 (filed 30-06-2026)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 86% of its sector peers (NACE 69, micro)
Financial strength
Strong
Solvency 100
equity 81.0% of total assets
Liquidity 94
short-term debt 19.0% · cash 80.2%
Profitability 100
return on assets 78.8%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (20,063 companies, NACE 69, micro)
Last 24 months 03-2026: 0.4% 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.4 percentage points vs 09-2026lowest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity ample (current ratio 5.22, above the usual 1.5; short-term debt: 19% and cash: 80.2% of total assets), and 19% 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 69, micro): better than 87% on solvency, 88% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 26-10-2026 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
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 5.22, cash €47,940
NBB · annual accounts
lowers risk · Equity €48,451 (81.0% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 30-06-2026)
NBB · annual accounts
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
31 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: CALLENS Nathalie Elisabeth Daniëlla…

Financials · financial year 2025, micro format

Equity
€48,451
Total assets
€59,813
Net result
€47,117
Working capital
€47,951

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €59,813
Fixed assets €500
Current assets €59,313
Equity and liabilities €59,813
Equity €48,451
Debt €11,362
Debt finances 19.0% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
5.22
Debt to equity
0.23
ROE
97.2%
ROA
78.8%
Debt ≤ 1 year
€11,362
Income taxes
€12,808

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,279 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€59,813
Fixed assets21/28€500
Financial fixed assets28€500
Current assets29/58€59,313
Amounts receivable within one year40/41€11,119
Trade receivables40€10,427
Other amounts receivable41€692
Cash at bank and in hand54/58€47,940
Deferred charges and accrued income490/1€254
Equity and liabilities
Total equity and liabilities10/49€59,813
Equity10/15€48,451
Contributions10/11€3,000
Reserves13€45,451
Distributable reserves133€45,451
Profit (loss) carried forward14€0
Amounts payable17/49€11,362
Amounts payable within one year42/48€11,362
Trade debts44€485
Suppliers440/4€485
Taxes, remuneration and social security45€5,951
Taxes450/3€5,951
Other amounts payable47/48€4,927
Income statement Code2025
Other operating charges640/8€450
Gross operating margin9900€60,405
Operating profit (loss)9901€59,955
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903€59,925
Income taxes67/77€12,808
Profit (loss) for the period9904€47,117
Profit (loss) for the period to be appropriated9905€47,117
Appropriation of the result
Profit (loss) to be appropriated9906€47,117
Transfer to equity691/2€45,451
To other reserves6921€45,451
Profit to be distributed694/7€1,666
Return on contributions (dividend)694€1,666

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€450
Gross operating margin9900€60,405
Operating profit (loss)9901€59,955
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903€59,925
Income taxes67/77€12,808
Profit (loss) for the period9904€47,117
Profit (loss) for the period to be appropriated9905€47,117
Line2025
Assets
Total assets20/58€59,813
Fixed assets21/28€500
Financial fixed assets28€500
Current assets29/58€59,313
Amounts receivable within one year40/41€11,119
Trade receivables40€10,427
Other amounts receivable41€692
Cash at bank and in hand54/58€47,940
Deferred charges and accrued income490/1€254
Equity and liabilities
Total equity and liabilities10/49€59,813
Equity10/15€48,451
Contributions10/11€3,000
Reserves13€45,451
Distributable reserves133€45,451
Profit (loss) carried forward14€0
Amounts payable17/49€11,362
Amounts payable within one year42/48€11,362
Trade debts44€485
Suppliers440/4€485
Taxes, remuneration and social security45€5,951
Taxes450/3€5,951
Other amounts payable47/48€4,927
Line2025
Profit (loss) for the period9904€47,117
Operating cash flow (approximation)€47,117

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 30-06-2026 2026-00220826

Similar companies · same sector, comparable size

Of the 2,755 active companies whose main activity is other legal services (NACE 69109), figures are known for 1,260. 959 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €743 awarded · €743 paid
Schemes
1 entry · €743 · €743 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2025
CALLENS Nathalie Elisabeth Daniëlla
Director (not named in the articles) · since 11-02-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2025, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
CALLENS Nathalie Elisabeth Daniëlla
  • Director (not named in the articles), from 11-02-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 11-02-2025 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 11-02-2025 Incorporation · €3,000 · 1,200 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 7 February 2025, Pasja was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 CALLENS Nathalie Elisabeth Daniëlla has served as director of the company since 2025.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-02-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
30-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
11-02
Gazette deed Incorporation
Appointment: CALLENS Nathalie Elisabeth Daniëlla (director) · Founder · Founding capital15 facts ▸
  • Incorporation, “Pasja” (deed in Dutch)
  • Founder, CALLENS Nathalie Elisabeth Daniëlla
  • Founding capital, €3,000
  • Bank account, 3000, EUR
  • Other provision, “bevestiging deponering gestort bedrag”, 3000 (deed in Dutch)
  • Other provision, “dossier van ondergetekende Notaris, bewaring bewijs deponering” (deed in Dutch)
  • Other provision, 04-02-2025
  • Other provision, “vaststelling statuten, Partijen verklaren dat de statuten van de vennootschap als volgt luiden” (deed in Dutch)
  • Capital
  • Registered office clause, “8620 Nieuwpoort, Goethalsstraat 12 bus 505” (deed in Dutch)
  • Other provision, “website en e-mailadres, thans noch e-mailadres, noch website in akte laten vastleggen” (deed in Dutch)
  • Board rule, 1
  • +3 further facts in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded07-02-2025
Financial year end31-12
Activities, NACEBEL 2025
69109Other legal services
47690Retail sale of other cultural and recreation goods
47789Other retail sale of new goods
70200Business and other management consultancy
73110Advertising agencies
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1019760604
Also 9925:BE1019760604
Registered 08-04-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Nieuwpoort · 2 establishment units since 2025
registered office establishment All 2 establishment units on the map
Ground area
2,004 m²
Building footprint
1,017 m²
Building volume
19,730 m³
2 parcels, Flanders · tallest building 29.8 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
Pasja
Goethalsstraat 12, 8620 NieuwpoortOther legal services
since 2025unit no. 2.369.829.269
Pasja BV - Wevelgem
Grote Markt 32, 8560 WevelgemOther legal services
since 2026unit no. 2.384.477.061
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
34041C0431/00T000 Flanders 1,527 m² 1 · 618 m² 29.8 m · 7
38402D0132/00R000 Flanders 477 m² 1 · 399 m² 22.4 m · 6
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Pasja
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, voor zover geen wijziging toepasselijk taalregime” (deed in Dutch)

deed of 11-02-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“1, bestuursorgaan” (deed in Dutch)

deed of 11-02-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Saturday of June at 18:00

deed of 11-02-2025

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

deed of 11-02-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bevoegdheden bestuursorgaan, behalve deze die wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Other provision: “Alle besluiten behorend tot bevoegdheid algemene vergadering, binnen wettelijke grenzen, schriftelijke algemene vergadering” (deed in Dutch)
Other provision: “Door vennootschap ter beschikking gesteld elektronisch communicatiemiddel, deelneming algemene vergadering op afstand langs elektronische…” (deed in Dutch)
Other provision: “Jaarlijkse nettowinst, bestemming van de winst – reserves” (deed in Dutch)
Other provision: “Interimdividend, artikel 5:142 en 5:143” (deed in Dutch)
2 more provisions in the deed, see the deed of 11-02-2025

deed of 11-02-2025