STEVEN PAZEN
ActiveSTEVEN PAZEN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €471k and a net result of €72k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 69% of 12637 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-10
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.4 against 15.4 in 2024), and 26% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74%
Return on assets
11.3%
Age of the figures
10 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 16-05-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
16 d early
2023
22 d early
2022
30 d early
2021
13 d early
2020
14 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€471k▼ 7.5%
2024 · €509k
2018: €253k
2019: €275k
2020: €298k
2021: €321k
2022: €365k
2023: €421k
2024: €509k
2018 → 2025
Total assets
€637k▲ 9.3%
2024 · €583k
2018: €279k
2019: €302k
2020: €335k
2021: €340k
2022: €424k
2023: €492k
2024: €583k
2018 → 2025
Net result
€72k▼ 18.2%
2024 · €88k
2018: €20k
2019: €22k
2020: €23k
2021: €23k
2022: €44k
2023: €56k
2024: €88k
2018 → 2025
Working capital
€389k▼ 18.1%
2024 · €475k
2018: €218k
2019: €246k
2020: €256k
2021: €278k
2022: €367k
2023: €409k
2024: €475k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€321k-€365k▲ 13.9%€421k▲ 15.4%€509k▲ 20.9%€471k▼ 7.5%
Operating result€38k-€65k▲ 71.1%€88k▲ 34.1%€130k▲ 47.8%€112k▼ 13.7%
Net result€23k-€44k▲ 95.9%€56k▲ 26.8%€88k▲ 56.3%€72k▼ 18.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €637k
Fixed assets
€86k▲ 15.0%
Current assets
€551k▲ 8.5%
Equity and liabilities €637k
Equity
€471k▼ 7.5%
Debt
€166k▲ 126%
The debt ratio rises from 12.6% to 26.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€129k▼
2024 · €142k
Cash flow
€89k▼
2024 · €100k
Solvency
74.0%▼
2024 · 87.4%
Current ratio
3.40▼
2024 · 15.40
Quick ratio
3.40▼
2024 · 15.40
Debt / equity
0.35▲
2024 · 0.14
ROE
15.3%▼
2024 · 17.3%
ROA
11.3%▼
2024 · 15.1%
Interest coverage
16.46▼
2024 · 65.17
Debt
€166k▲
2024 · €73k
Debt ≤ 1 year
€162k▲
2024 · €33k
Debt > 1 year
€3k
Income taxes
€36k▼
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€583k€637k▲
Fixed assets21/28€75k€86k▲
Tangible fixed assets22/27€71k€82k▲
Furniture and vehicles24€18k€16k▼
Other tangible fixed assets26€53k€67k▲
Financial fixed assets28€4k€4k=
Current assets29/58€508k€551k▲
Amounts receivable within one year40/41€138k€189k▲
Other amounts receivable41€138k€189k▲
Cash at bank and in hand54/58€361k€343k▼
Deferred charges and accrued income490/1€10k€20k▲
Equity and liabilities
Total equity and liabilities10/49€583k€637k▲
Equity10/15€509k€471k▼
Contributions10/11€20k€20k=
Reserves13€489k€451k▼
Tax-exempt reserves132€1k€1k=
Distributable reserves133€488k€450k▼
Amounts payable17/49€73k€166k▲
Amounts payable after more than one year17-€3k
Financial debts170/4-€3k
Amounts payable within one year42/48€33k€162k▲
Financial debts43€13k€25k▲
Credit institutions430/8€13k€25k▲
Taxes, remuneration and social security45€20k€27k▲
Taxes450/3€20k€27k▲
Other amounts payable47/48-€110k
Accrued charges and deferred income492/3€40k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€17k▲
Other operating charges640/8€11k€17k▲
Gross operating margin9900€153k€146k▼
Operating profit (loss)9901€130k€112k▼
Financial income75/76B€600€4k▲
Recurring financial income75€600€4k▲
Financial charges65/66B€2k€8k▲
Recurring financial charges65€2k€8k▲
Profit (loss) for the period before taxes9903€128k€108k▼
Income taxes67/77€40k€36k▼
Profit (loss) for the period9904€88k€72k▼
Profit (loss) for the period to be appropriated9905€88k€72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€88k€72k▼
Transfer from equity791/2-€110k
Transfer to equity691/2€88k€72k▼
To other reserves6921€88k€72k▼
Profit to be distributed694/7-€110k
Return on contributions (dividend)694-€110k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-10
Financial
Highest result since 2018net €88k ▲56.3%
Operating result €130k, net result €88k, both a record.
31-10
Financial
Equity above €500kEq €509k ▲20.9%
7 profitable years in a row build equity to €509k.
09-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Schilde
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kroondreef 72970 SchildeGround area
1,925 m²
Building footprint
202 m²
Parcel 11039A0290/00E000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0290/00E000 | Flanders | 1,925 m² | 1 · 202 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
699400MK0TSORWTTT371
Similar companies · same sector, comparable size
I. SAEYS BEDRIJFSREVISOR - REVISEUR D'ENTREPRISES
BE 0477.895.838
Aalst · Eq €469k
Véronique VANDOOREN, Reviseur d' entreprises
BE 0872.204.697
Oudergem · Eq €475k
Bianca Chang
BE 0801.876.432
Beveren-Kruibeke-Zwijndrecht · Eq €475k
P. Van Impe
BE 0465.100.746
Schoten · Eq €467k
Andy Alaerts, Bedrijfsrevisor
BE 0882.665.257
Diest · Eq €478k
Of 940 companies in sector 69203 we hold annual accounts for 658. 511 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2003
Fiscal year end31-10
Activities, NACEBEL
69203Activities of company auditors
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.