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PASUJO

Active
Private limited companyfounded 20188 yrs activeRue de Sart 55, 1490 Court-Saint-Etienne, BelgiumKBO/BCE: BE 0698.592.515
Summary

PASUJO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208,177 and a net result of -€1,539. Equity is growing by ~48.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability40▼-41
Solvency88▼-12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.46 against 2.32 in 2024; short-term debt: 29.5% and cash: 1.3% of total assets), and 37.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
31 d late
2024
19 d late
2023
on the day
2022
on the day
2021
4 d early
2020
24 d late
2019
21 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 June 2018, PASUJO was incorporated.1 Total assets went from EUR 37,257 in 2019 to EUR 332,157 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,539
2024 · €25,370
Working capital
€45,276▼ 16.7%
2024 · €54,347
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€25,804€51,353▲ 99.0%€121,357▲ 136%€35,692▼ 70.6%-€1,982
Net result€20,673within the sector's middle half€39,528within the sector's middle half▲ 91.2%€87,802within the sector's middle half▲ 122%€25,370within the sector's middle half▼ 71.1%-€1,539below the sector's middle half
Equity€59,507within the sector's middle half▲ 104%€98,236within the sector's middle half▲ 65.1%€185,205within the sector's middle half▲ 88.5%€209,716within the sector's middle half▲ 13.2%€208,177within the sector's middle half▼ 0.7%
Total assets€103,202within the sector's middle half▲ 167%€140,910within the sector's middle half▲ 36.5%€251,139below the sector's middle half▲ 78.2%€252,328below the sector's middle half▲ 0.5%€332,157within the sector's middle half▲ 31.6%
Debt€43,695▲ 366%€42,675▼ 2.3%€65,934▲ 54.5%€42,611▼ 35.4%€123,980▲ 191%
Working capital€81,694within the sector's middle half▲ 181%€8,926within the sector's middle half▼ 89.1%€29,727within the sector's middle half▲ 233%€54,347within the sector's middle half▲ 82.8%€45,276within the sector's middle half▼ 16.7%
Solvency57.7%within the sector's middle half▼ 18.1pp69.7%within the sector's middle half▲ 12.1pp73.7%within the sector's middle half▲ 4.0pp83.1%above the sector's middle half▲ 9.4pp62.7%within the sector's middle half▼ 20.4pp
Current ratio6.01above the sector's middle half▲ 1.921.21within the sector's middle half▼ 4.801.47within the sector's middle half▲ 0.272.32within the sector's middle half▲ 0.851.46within the sector's middle half▼ 0.86
Return on assets (ROA)20.0%within the sector's middle half▲ 26.1pp28.1%within the sector's middle half▲ 8.0pp35.0%above the sector's middle half▲ 6.9pp10.1%within the sector's middle half▼ 24.9pp-0.5%below the sector's middle half▼ 10.5pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: €25,804€25,804Net result 2021: €20,673€20,673Operating result 2022: €51,353€51,353Net result 2022: €39,528€39,528Operating result 2023: €121,357€121,357Net result 2023: €87,802€87,802Operating result 2024: €35,692€35,692Net result 2024: €25,370€25,370Operating result 2025: -€1,982-€1,982Net result 2025: -€1,539-€1,53920212022202320242025-€50,000€0€50,000€100,000Operating result 2023: €121,357€121,000Net result 2023: €87,802€87,800Operating result 2024: €35,692€35,700Net result 2024: €25,370€25,400Operating result 2025: -€1,982-€1,980Net result 2025: -€1,539-€1,540202320242025
The operating result turns negative in 2025: a loss of €1,982 after €35,692 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €332,157
Fixed assets €188,987 ▲ 20.5%
Current assets €143,170 ▲ 49.9%
Equity and liabilities €332,157
Equity €208,177 ▼ 0.7%
Debt €123,980 ▲ 191%
Debt's share of the balance-sheet total rises from 16.9% to 37.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8,248▼
2024 · €37,754
Cash flow
€8,691▼
2024 · €27,432
Debt to equity
0.60▲
2024 · 0.20
ROE
-0.7%▼
2024 · 12.1%
Interest coverage
2.62▼
2024 · 15.14
Debt ≤ 1 year
€97,894▲
2024 · €41,176
Debt > 1 year
€24,322
Income taxes
€1,184▼
2024 · €11,264
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.3% went bankrupt
7.5% stopped otherwise
90% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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 3,441 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 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€252,328€332,157▲
Fixed assets21/28€156,804€188,987▲
Tangible fixed assets22/27€5,504€37,687▲
Furniture and vehicles24€5,504€4,640▼
Leasing and similar rights25-€31,223
Other tangible fixed assets26-€1,824
Financial fixed assets28€151,300€151,300=
Current assets29/58€95,523€143,170▲
Amounts receivable after more than one year29€13,443€13,443=
Trade receivables290€13,443€13,443=
Amounts receivable within one year40/41€50,729€115,223▲
Trade receivables40€10,285€19,487▲
Other amounts receivable41€40,444€95,736▲
Cash at bank and in hand54/58€27,709€4,278▼
Deferred charges and accrued income490/1€3,641€10,226▲
Equity and liabilities
Total equity and liabilities10/49€252,328€332,157▲
Equity10/15€209,716€208,177▼
Contributions10/11€18,600€18,600=
Reserves13€65,000€65,000=
Distributable reserves133€65,000€65,000=
Profit (loss) carried forward14€126,116€124,577▼
Amounts payable17/49€42,611€123,980▲
Amounts payable after more than one year17-€24,322
Financial debts170/4-€24,322
Amounts payable within one year42/48€41,176€97,894▲
Current portion of amounts payable after more than one year42-€8,073
Trade debts44€2,705€5,597▲
Suppliers440/4€2,705€5,597▲
Taxes, remuneration and social security45€11,709€7,270▼
Taxes450/3€9,209€7,270▼
Remuneration and social security454/9€2,500€0▼
Other amounts payable47/48€26,762€76,953▲
Accrued charges and deferred income492/3€1,435€1,765▲
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,061€10,230▲
Other operating charges640/8€1,218€1,556▲
Gross operating margin9900€38,972€9,805▼
Operating profit (loss)9901€35,692-€1,982▼
Financial income75/76B€3,435€4,776▲
Recurring financial income75€3,435€4,776▲
Financial charges65/66B€2,493€3,149▲
Recurring financial charges65€2,493€3,149▲
Profit (loss) for the period before taxes9903€36,634-€355▼
Income taxes67/77€11,264€1,184▼
Profit (loss) for the period9904€25,370-€1,539▼
Profit (loss) for the period to be appropriated9905€25,370-€1,539▼
Appropriation of the result
Profit (loss) to be appropriated9906€151,975€124,577▼
Profit (loss) brought forward from the previous period14P€126,605€126,116▼
Transfer to equity691/2€25,000€0▼
To other reserves6921€25,000€0▼
Profit to be distributed694/7€859€0▼
Return on contributions (dividend)694€859€0▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€46,342€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€800€963€978€2,061€10,230▲ 396%
Other operating charges640/8€638€893€979€1,218€1,556▲ 27.8%
Gross operating margin9900€27,242€53,209€123,314€38,972€9,805▼ 74.8%
Operating profit (loss)9901€25,804€51,353€121,357€35,692-€1,982▼ 106%
Financial income75/76B€984€641€642€3,435€4,776▲ 39.0%
Recurring financial income75€984€641€642€3,435€4,776▲ 39.0%
Financial charges65/66B€546€896€2,206€2,493€3,149▲ 26.3%
Recurring financial charges65€546€896€2,206€2,493€3,149▲ 26.3%
Profit (loss) for the period before taxes9903€26,243€51,098€119,793€36,634-€355▼ 101%
Income taxes67/77€5,570€11,570€31,991€11,264€1,184▼ 89.5%
Profit (loss) for the period9904€20,673€39,528€87,802€25,370-€1,539▼ 106%
Profit (loss) for the period to be appropriated9905€20,673€39,528€87,802€25,370-€1,539▼ 106%
Line20212022202320242025Change
Assets
Total assets20/58€103,202€140,910€251,139€252,328€332,157▲ 31.6%
Fixed assets21/28€5,213€89,309€158,766€156,804€188,987▲ 20.5%
Tangible fixed assets22/27€4,013€3,051€7,566€5,504€37,687▲ 585%
Furniture and vehicles24€4,013€3,051€7,566€5,504€4,640▼ 15.7%
Leasing and similar rights25----€31,223-
Other tangible fixed assets26----€1,824-
Financial fixed assets28€1,200€86,258€151,200€151,300€151,300=
Current assets29/58€97,989€51,601€92,374€95,523€143,170▲ 49.9%
Amounts receivable after more than one year29€13,443€13,443€13,443€13,443€13,443=
Trade receivables290---€13,443€13,443=
Other amounts receivable291€13,443€13,443€13,443---
Amounts receivable within one year40/41€12,705€16,381€52,954€50,729€115,223▲ 127%
Trade receivables40€12,705€11,496€13,831€10,285€19,487▲ 89.5%
Other amounts receivable41-€4,885€39,123€40,444€95,736▲ 137%
Cash at bank and in hand54/58€70,661€21,137€25,246€27,709€4,278▼ 84.6%
Deferred charges and accrued income490/1€1,179€640€730€3,641€10,226▲ 181%
Equity and liabilities
Total equity and liabilities10/49€103,202€140,910€251,139€252,328€332,157▲ 31.6%
Equity10/15€59,507€98,236€185,205€209,716€208,177▼ 0.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13--€40,000€65,000€65,000=
Distributable reserves133--€40,000€65,000€65,000=
Profit (loss) carried forward14€40,907€79,636€126,605€126,116€124,577▼ 1.2%
Amounts payable17/49€43,695€42,675€65,934€42,611€123,980▲ 191%
Amounts payable after more than one year17----€24,322-
Financial debts170/4----€24,322-
Amounts payable within one year42/48€16,295€42,675€62,647€41,176€97,894▲ 138%
Current portion of amounts payable after more than one year42----€8,073-
Trade debts44€538€19,069€8,970€2,705€5,597▲ 107%
Suppliers440/4€538€19,069€8,970€2,705€5,597▲ 107%
Taxes, remuneration and social security45€14,728€14,898€34,012€11,709€7,270▼ 37.9%
Taxes450/3€14,728€14,898€34,012€9,209€7,270▼ 21.0%
Remuneration and social security454/9---€2,500€0▼ 100%
Other amounts payable47/48€1,029€8,707€19,665€26,762€76,953▲ 188%
Accrued charges and deferred income492/3€27,400€0€3,288€1,435€1,765▲ 23.0%
Line20212022202320242025Change
Profit (loss) for the period9904€20,673€39,528€87,802€25,370-€1,539▼ 106%
+ Depreciation and write-downs630€800€963€978€2,061€10,230▲ 396%
Operating cash flow (approximation)€21,472€40,491€88,780€27,432€8,691▼ 68.3%
Investment in fixed assets (approximation)--€85,058-€70,434-€100-€42,413▼ 42,313%
Change in cash--€49,524€4,110€2,463-€23,431▼ 1,051%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
19-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 19 days late
2024
31-12
Financial Equity above €200,000Eq €209,716 ▲13.2%
4 profitable years in a row build equity to €209,716.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2019net €87,802 ▲122%
Operating result €121,357, net result €87,802, both a record.
31-12
Financial Equity above €150,000Eq €185,205 ▲88.5%
3 profitable years in a row build equity to €185,205.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €20,673
Net result €20,673 after one loss-making year.
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial Weakest financial yearnet -€2,347
Net result drops to -€2,347, the lowest in the series; recovery starts the following year.
21-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Court-Saint-Etienne · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
156 m²
Building footprint
90 m²
Parcel 25023D0325/00D000, Wallonia. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PASUJO
Rue de Sart 55, 1490 Court-Saint-EtienneFinancial service activities, except insurance and pension funding
since 20182.276.926.035
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25023D0325/00D000 Wallonia 156 m² 1 · 90 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of PASUJO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 39,744 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0698592515
Registered 20-11-2020

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

Register as of 29 September 2026 · Peppol Directory

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