PASMAL
ActiveSummary
PASMAL has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,819 and a net result of -€8,562. Equity has been shrinking by about 16% per year since 2018. Its solvency ranks better than 42% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
Source: KBO- Status
- Active since 02-06-2014 Normal situation
- Activity
- Full-service restaurants NACE 56111and 1 other
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment unit
- 2.232.577.437 8793 Waregem, since 02-06-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €68,859
- ▲ 1.8%
- Turnover
- ≈ €220,000
- estimated
- Loss
- €8,562
- ▼ 53.3%
- Equity
- €16,819
- ▼ 33.7%
- Total assets
- €79,766
- ▼ 19.9%
- Staff
- 15.1 FTE
- ▼ 2.6%
- 2025 accounts filed 28 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Loss of €8,562, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 0.74, cash €19,449Founded in 2014Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 42% of them on solvency, 32% on liquidity, 21% on profitability and 19% 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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Signals
The company filed its last 7 accounts on average 1 day before 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.
Searched, nothing found (2)
Key points
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€8,562 View
Recent changes
- · Gazette deed Changes of role: PEERS,Pascale (director) and D'HOLLANDER,Kristof (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as PASMAL: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €76,900 and €87,000, founded between 2011 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| PASMAL Waregem | €79,766 | €68,859 |
| A FAMILY AFFAIR Knokke-Heist | €79,200 | €69,496 |
| Benjero Oostende | €81,466 | €68,558 |
| Het Visioen Brugge | €86,980 | €79,863 |
| VRODES Kortrijk | €79,567 | €69,092 |
| BAHARAT Elsene | €76,943 | €76,609 |
| Treize Envies Rixensart | €84,102 | €57,132 |
Key facts about PASMAL
- What is the company number of PASMAL?
- The company number of PASMAL is 0554.867.813. The VAT number is the same number with BE in front: BE 0554.867.813.
- Where is PASMAL based?
- The registered office is at Vijfseweg 204, 8793 Waregem.Company details
- What does PASMAL do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of PASMAL?
- The legal form of PASMAL is Private limited company (BV).
- When was PASMAL founded?
- PASMAL was founded on 02-06-2014.
- Is PASMAL still active?
- Yes, PASMAL is an active enterprise in the KBO register.
- How many employees does PASMAL have?
- PASMAL had an average of 15.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PASMAL fall under?
- In its 2025 annual accounts, PASMAL states joint committee 302 (Paritair Comité voor het hotelbedrijf).
- What is the turnover of PASMAL?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €68,859 and 73 comparable companies (NACE 56111). It probably lies between €190,000 and €290,000.
- Is PASMAL profitable?
- In financial year 2025, PASMAL made a loss of €8,562.
- Where can I find the annual accounts of PASMAL?
- PASMAL filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PASMAL due?
- PASMAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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