Pasmovan
ActiveSummary
Pasmovan has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,563 and a net result of €9,502, of which €12,730 non-recurring income. Equity has been shrinking by about 9% per year since 2018. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-11-1981 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.102.321.184 2100 Antwerpen, since 01-12-1981
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- BRUNEEL IVANDirector
- MESOTYS99%· score 452025 annual accounts of MESOTYS
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €10,650
- Turnover
- ≈ €72,000
- estimated
- Profit
- €9,502
- Equity
- €26,563
- ▲ 55.7%
- Total assets
- €252,418
- ▲ 3.5%
- 2025 accounts filed 6 days after the deadline
Score breakdownraises riskLast filed accounts filed 6 days late; 1 of the last 3 accounts lateEquity €26,563 (10.5% of total assets)lowers riskSize: total assets €252,418Founded in 1981Show the evidence
Checked score
About 1 in 1,000 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 (no NACE code, micro). It does better than 23% of them on solvency, 44% on liquidity, 35% on profitability and 87% on growth.
The bankruptcy probability was computed on 03-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 21 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 6 days after the deadline Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00385532.
Annual accounts 2025 filed on 06-08-2026 at the NBB all 44 filings
Every figure per financial year
The operating result for 2025 is a profit of €9,842, after a loss of €9,658 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €2,750 | - | €12,730 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,395 | €11,395 | €11,395 | €11,395 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €2,455 | €3,109 | €1,851 | €578 | €807 | ▲ 39.8% |
| Gross operating margin9900 | €14,363 | €6,560 | €8,524 | €16,118 | €570,496 | -€6,187 | -€9,081 | €10,650 | - |
| Operating profit (loss)9901 | -€102 | -€11,500 | -€6,181 | €2,268 | €567,387 | -€8,038 | -€9,658 | €9,842 | - |
| Financial income75/76B | - | - | - | - | €0 | €0 | - | - | - |
| Recurring financial income75 | - | €0 | €1 | - | €0 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €355 | €710 | €269 | €335 | €340 | ▲ 1.4% |
| Recurring financial charges65 | €337 | €403 | €506 | €355 | €710 | €269 | €335 | €340 | ▲ 1.4% |
| Profit (loss) for the period before taxes9903 | -€439 | -€11,903 | -€6,687 | €1,913 | €566,677 | -€8,307 | -€9,994 | €9,502 | - |
| Transfer from deferred taxes780 | - | - | - | €1,678 | €3,314 | - | - | - | - |
| Income taxes67/77 | €1,363 | €460 | - | - | €153,342 | - | - | - | - |
| Profit (loss) for the period9904 | -€123 | -€10,685 | -€5,008 | €3,592 | €416,649 | -€8,307 | -€9,994 | €9,502 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €3,260 | €6,455 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €3,136 | -€7,425 | -€1,749 | €6,851 | €423,104 | -€8,307 | -€9,994 | €9,502 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €152,523 | €111,294 | €100,935 | €101,226 | €651,095 | €407,135 | €243,891 | €252,418 | ▲ 3.5% |
| Fixed assets21/28 | €112,866 | €101,471 | €90,076 | €78,680 | - | - | - | - | - |
| Tangible fixed assets22/27 | €112,866 | €101,471 | €90,076 | €78,680 | - | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €78,680 | - | - | - | - | - |
| Current assets29/58 | €39,657 | €9,823 | €10,859 | €22,546 | €651,095 | €407,135 | €243,891 | €252,418 | ▲ 3.5% |
| Amounts receivable within one year40/41 | €38,237 | €9,745 | €10,115 | €21,186 | €237,066 | €2,257 | €13,574 | €13,974 | ▲ 2.9% |
| Trade receivables40 | - | - | - | - | €992 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €21,186 | €236,074 | €2,257 | €13,574 | €13,974 | ▲ 2.9% |
| Cash at bank and in hand54/58 | €1,341 | - | €666 | €1,282 | €414,029 | €404,878 | €230,317 | €238,444 | ▲ 3.5% |
| Deferred charges and accrued income490/1 | - | - | - | €78 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €152,523 | €111,294 | €100,935 | €101,226 | €651,095 | €407,135 | €243,891 | €252,418 | ▲ 3.5% |
| Equity10/15 | €50,813 | €40,129 | €35,121 | €38,712 | €35,362 | €27,054 | €17,061 | €26,563 | ▲ 55.7% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Contributions outside capital11 | - | - | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Other1109/19 | - | - | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €32,221 | €28,962 | €25,702 | €22,443 | €15,988 | €15,988 | €15,988 | €15,988 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €6,455 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €14,128 | €14,128 | €14,128 | €14,128 | €14,128 | = |
| Profit (loss) carried forward14 | - | -€7,425 | -€9,174 | -€2,322 | €782 | -€7,526 | -€17,520 | -€8,017 | ▲ 54.2% |
| Provisions and deferred taxes16 | €8,350 | €6,671 | €4,993 | €3,314 | - | - | - | - | - |
| Deferred taxes168 | - | - | - | €3,314 | - | - | - | - | - |
| Amounts payable17/49 | €93,359 | €64,494 | €60,821 | €59,199 | €615,733 | €380,081 | €226,831 | €225,855 | ▼ 0.4% |
| Amounts payable within one year42/48 | €73,300 | €44,434 | €40,762 | €38,465 | €608,903 | €376,002 | €222,751 | €221,776 | ▼ 0.4% |
| Trade debts44 | €1,435 | €3,906 | €901 | €1,113 | €43 | €154,697 | €960 | €960 | = |
| Suppliers440/4 | - | - | - | €1,113 | €43 | €154,697 | €960 | €960 | = |
| Taxes, remuneration and social security45 | - | - | - | - | €153,342 | - | - | - | - |
| Taxes450/3 | - | - | - | - | €153,342 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €37,352 | €455,519 | €221,304 | €221,791 | €220,816 | ▼ 0.4% |
| Accrued charges and deferred income492/3 | - | - | - | €20,735 | €6,829 | €4,079 | €4,079 | €4,079 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€123 | -€10,685 | -€5,008 | €3,592 | €416,649 | -€8,307 | -€9,994 | €9,502 | - |
| + Depreciation and write-downs630 | €11,395 | €11,395 | €11,395 | €11,395 | - | - | - | - | - |
| Operating cash flow (approximation) | €11,272 | €711 | €6,387 | €14,987 | €416,649 | -€8,307 | -€9,994 | €9,502 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - | - | - | - |
| Change in cash | - | - | - | €616 | €412,747 | -€9,150 | -€174,562 | €8,127 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,984 companies had the same profile as Pasmovan has now. Two years later, 96.5% were still going and 1.1% had gone bankrupt.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Pasmovan itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,984 companies, not a prediction for Pasmovan. 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.
Latest 10 of 44 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 06-08-2026 | 2026-00385532 | |
| 31-12-2024 | micro format | 24-12-2025 | 2026-00593331 | |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00304879 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00211271 | |
| 31-12-2021 | micro format | 08-09-2022 | 2022-20428264 | |
| 31-12-2020 | micro format | 27-07-2021 | 2021-44000600 | |
| 31-12-2019 | micro format | 22-07-2020 | 2020-33300320 | |
| 31-12-2018 | micro format | 27-06-2019 | 2019-25300287 | |
| 31-12-2017 | abbreviated format | 28-06-2018 | 2018-25100119 | |
| 31-12-2016 | micro format | 06-07-2017 | 2017-29300352 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerChain of control
- MESOTYS
- Pasmovan
Owners 1
- MESOTYSparentSourceaccounts MESOTYS 2025Equity €255,427 Loss of €6,022 in 2025 (loss of €1,144 in 2024) Checked score 4599%
Network & group
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of Pasmovan. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11344A0523/00E005 | Flanders | 192 m² | 1 · 104 m² | 11.4 m · 3 |