't Pasrel
ActiveSummary
't Pasrel has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.1m and a net result of -€8,770. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 465 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-8
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550,000 at 30 days acceptable
Liquidity ample (current ratio 4.84 against 3.53 in 2024; short-term debt: 12.7% and cash: 33.1% of total assets), and 17.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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 87
Relative position
BE, all sectors
reference
Residential care activities (NACE 87)
about 77% fewer bankruptcies
← 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
82.6%
Return on assets
-0.1%
Age of the figures
9 mo
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
57 d early
2023
64 d early
2022
83 d early
2021
44 d early
2020
107 d early
2019
18 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 56 days before the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 24% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#5 company by equity in Schaarbeek, Health and social work sector#7 company by total assets in Schaarbeek, Health and social work sector
Equity
€6.1m▲ 41.3%
2024 · €4.3m
Total assets
€7.4m▲ 37.1%
2024 · €5.4m
Net result
-€8,770
2024 · €379,703
Working capital
€3.6m▲ 82.0%
2024 · €2.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 87, Residential care 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€124,933▼ 52.3%€727,315▲ 482%€430,563▼ 40.8%€374,022▼ 13.1%-€29,671
Net result€125,442within the sector's middle half▼ 48.7%€715,739above the sector's middle half▲ 471%€418,050above the sector's middle half▼ 41.6%€379,703within the sector's middle half▼ 9.2%-€8,770within the sector's middle half
Equity€2.6mwithin the sector's middle half▲ 15.4%€3.6mwithin the sector's middle half▲ 36.5%€4.0mwithin the sector's middle half▲ 11.0%€4.3mwithin the sector's middle half▲ 9.2%€6.1mwithin the sector's middle half▲ 41.3%
Total assets€3.8mwithin the sector's middle half▲ 24.6%€4.7mwithin the sector's middle half▲ 24.1%€4.7mwithin the sector's middle half▲ 0.2%€5.4mwithin the sector's middle half▲ 14.4%€7.4mwithin the sector's middle half▲ 37.1%
Debt€1.2m▲ 51.6%€1.1m▼ 3.3%€761,055▼ 33.7%€1.1m▲ 41.4%€1.3m▲ 19.9%
Working capital€1.1m▼ 10.0%€1.5m▲ 32.8%€1.6m▲ 3.8%€2.0m▲ 27.8%€3.6m▲ 82.0%
Solvency68.9%within the sector's middle half▼ 5.5pp75.8%above the sector's middle half▲ 6.9pp84.0%above the sector's middle half▲ 8.2pp80.2%above the sector's middle half▼ 3.8pp82.6%above the sector's middle half▲ 2.5pp
Staff (FTE)48.3within the sector's middle half▲ 0.6%48.8within the sector's middle half▲ 1.0%47.7within the sector's middle half▼ 2.3%50.2within the sector's middle half▲ 5.2%50.6within the sector's middle half▲ 0.8%
above
within
below
the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €29,671 after €374,022 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.4m
Fixed assets
€2.9m ▲ 8.3%
Current assets
€4.6m ▲ 64.4%
Equity and liabilities €7.4m
Equity
€6.1m ▲ 41.3%
Debt
€1.3m ▲ 19.9%
Debt's share of the balance-sheet total falls from 19.8% to 17.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57,758▼
2024 · €454,078
Cash flow
€78,658▼
2024 · €459,759
Current ratio
4.84▲
2024 · 3.53
Debt to equity
0.21▼
2024 · 0.25
ROE
-0.1%▼
2024 · 8.7%
ROA
-0.1%▼
2024 · 7.0%
Interest coverage
9.25▼
2024 · 88.10
Debt ≤ 1 year
€943,918▲
2024 · €786,648
Debt > 1 year
€196,266▼
2024 · €241,990
Staff costs
€3.9m▲
2024 · €3.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 815 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
2.8%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 815 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €14,093 | €396,488 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €227,432 | - | €267,860 | €278,186 | €308,549 | ▲ 10.9% |
| Remuneration, social security and pensions62 | €2.9m | €3.1m | €3.2m | €3.3m | €3.9m | ▲ 17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €145,556 | €74,033 | €73,239 | €80,056 | €87,429 | ▲ 9.2% |
| Other operating charges640/8 | €19,126 | €19,217 | €30,374 | €39,740 | €48,588 | ▲ 22.3% |
| Non-recurring operating charges66A | €31,382 | €122 | - | €292 | - | - |
| Gross operating margin9900 | €3.3m | €3.9m | €3.7m | €3.8m | €4.0m | ▲ 5.0% |
| Operating profit (loss)9901 | €124,933 | €727,315 | €430,563 | €374,022 | -€29,671 | ▼ 108% |
| Financial income75/76B | €13,569 | €3 | €4,215 | €10,836 | €27,145 | ▲ 151% |
| Recurring financial income75 | €13,569 | €3 | €4,215 | €10,836 | €27,145 | ▲ 151% |
| Financial charges65/66B | €9,467 | €7,650 | €16,728 | €5,154 | €6,245 | ▲ 21.2% |
| Recurring financial charges65 | €9,467 | €7,650 | €16,728 | €5,154 | €6,245 | ▲ 21.2% |
| Profit (loss) for the period before taxes9903 | €129,035 | €719,668 | €418,050 | €379,703 | -€8,770 | ▼ 102% |
| Income taxes67/77 | €3,593 | €3,929 | - | - | - | - |
| Profit (loss) for the period9904 | €125,442 | €715,739 | €418,050 | €379,703 | -€8,770 | ▼ 102% |
| Profit (loss) for the period to be appropriated9905 | €125,442 | €715,739 | €418,050 | €379,703 | -€8,770 | ▼ 102% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.8m | €4.7m | €4.7m | €5.4m | €7.4m | ▲ 37.1% |
| Fixed assets21/28 | €2.2m | €2.7m | €2.7m | €2.6m | €2.9m | ▲ 8.3% |
| Tangible fixed assets22/27 | €2.2m | €2.7m | €2.7m | €2.6m | €2.9m | ▲ 8.3% |
| Land and buildings22 | €2.1m | €2.2m | €2.2m | €2.2m | €2.1m | ▼ 2.5% |
| Plant, machinery and equipment23 | €23,275 | €28,951 | €38,897 | €58,120 | €53,695 | ▼ 7.6% |
| Furniture and vehicles24 | €29,304 | €22,769 | €16,133 | €12,588 | €10,553 | ▼ 16.2% |
| Other tangible fixed assets26 | - | €323,333 | €323,333 | €165,000 | - | - |
| Assets under construction and advance payments27 | €9,960 | €126,720 | €133,928 | €255,730 | €700,767 | ▲ 174% |
| Financial fixed assets28 | €88 | - | - | €200 | €1,000 | ▲ 400% |
| Current assets29/58 | €1.6m | €2.0m | €2.0m | €2.8m | €4.6m | ▲ 64.4% |
| Amounts receivable after more than one year29 | - | - | - | - | €121,801 | - |
| Other amounts receivable291 | - | - | - | - | €121,801 | - |
| Amounts receivable within one year40/41 | €378,071 | €351,951 | €392,925 | €396,783 | €1.6m | ▲ 292% |
| Trade receivables40 | - | €1,575 | - | €269 | €580 | ▲ 116% |
| Other amounts receivable41 | €378,071 | €350,376 | €392,925 | €396,514 | €1.6m | ▲ 292% |
| Current investments50/53 | €226,696 | €526,696 | - | - | €400,000 | - |
| Cash at bank and in hand54/58 | €1.0m | €1.1m | €1.6m | €2.4m | €2.5m | ▲ 4.4% |
| Deferred charges and accrued income490/1 | €21,596 | €29,826 | €24,738 | €23,798 | €32,804 | ▲ 37.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.8m | €4.7m | €4.7m | €5.4m | €7.4m | ▲ 37.1% |
| Equity10/15 | €2.6m | €3.6m | €4.0m | €4.3m | €6.1m | ▲ 41.3% |
| Contributions10/11 | - | €584,833 | €584,833 | €588,473 | €597,099 | ▲ 1.5% |
| Capital10 | - | €584,833 | €584,833 | €588,473 | €597,099 | ▲ 1.5% |
| Reserves13 | €1.6m | €2.3m | €2.8m | €3.3m | €3.3m | ▼ 0.7% |
| Profit (loss) carried forward14 | €240,826 | €240,826 | €240,826 | €92,514 | €105,728 | ▲ 14.3% |
| Investment grants15 | €502,267 | €422,778 | €399,872 | €382,976 | €2.2m | ▲ 469% |
| Amounts payable17/49 | €1.2m | €1.1m | €761,055 | €1.1m | €1.3m | ▲ 19.9% |
| Amounts payable after more than one year17 | €664,099 | €630,671 | €261,903 | €241,990 | €196,266 | ▼ 18.9% |
| Financial debts170/4 | €664,099 | €630,671 | €261,903 | €241,990 | €196,266 | ▼ 18.9% |
| Amounts payable within one year42/48 | €500,802 | €508,980 | €490,006 | €786,648 | €943,918 | ▲ 20.0% |
| Current portion of amounts payable after more than one year42 | €38,256 | €33,429 | €19,607 | €19,912 | €14,210 | ▼ 28.6% |
| Trade debts44 | €24,857 | €16,054 | €12,996 | €40,374 | €75,396 | ▲ 86.7% |
| Suppliers440/4 | €24,857 | €16,054 | €12,996 | €40,374 | €75,396 | ▲ 86.7% |
| Taxes, remuneration and social security45 | €437,669 | €456,226 | €454,633 | €523,053 | €602,394 | ▲ 15.2% |
| Taxes450/3 | €85,448 | €95,717 | €93,912 | €113,338 | €113,319 | = |
| Remuneration and social security454/9 | €352,221 | €360,509 | €360,721 | €409,716 | €489,075 | ▲ 19.4% |
| Accrued charges and deferred income492/3 | €21,161 | €7,532 | €9,146 | €47,476 | €150,418 | ▲ 217% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €125,442 | €715,739 | €418,050 | €379,703 | -€8,770 | ▼ 102% |
| + Depreciation and write-downs630 | €145,556 | €74,033 | €73,239 | €80,056 | €87,429 | ▲ 9.2% |
| Operating cash flow (approximation) | €270,998 | €789,772 | €491,289 | €459,759 | €78,658 | ▼ 82.9% |
| Investment in fixed assets (approximation) | - | -€615,496 | -€43,743 | -€31,140 | -€307,468 | ▼ 887% |
| Change in cash | - | €97,131 | €529,322 | €727,504 | €104,013 | ▼ 85.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€8,770
Net result drops to -€8,770, the lowest in the series.
31-12
Financial
Equity above €5mEq €6.1m ▲41.3%
Equity rises from €4.3m to €6.1m.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €715,739 ▲471%
Operating result €727,315, net result €715,739, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2mEq €2.3m ▲39.4%
2 profitable years in a row build equity to €2.3m.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-04
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.
0 of 19 acts read
About the unread acts
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
19 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, Schaarbeek · 4 establishment units since 2000
Ground area
3,562 m²
Building footprint
432 m²
Volume, LiDAR
3,230 m³
3 parcels, Brussels, Flanders · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
4 establishment units
't Pasrel Vilvoorde
since 20002.188.754.322
't Pasrel Schaarbeek
since 20062.154.886.276
't Pasrel Halle
since 20092.197.657.932
't Pasrel secretariaat
since 20102.212.155.967
3 parcels
Flanders
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23643G0430/00N005 | Flanders | 1,881 m² | 1 · 222 m² | 9.8 m · 2 fl. |
| 23027C0047/00K004 | Flanders | 1,469 m² | 1 · 103 m² | 8.1 m · 2 fl. |
| 21015A0075/00V005 | Brussels | 211 m² | 1 · 107 m² | 16.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 17,619,530 EUR awarded · 16,201,176 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 4,075,056 EUR | 4,850,888 EUR |
| 2024 | 3 | 6,123,683 EUR | 4,307,824 EUR |
| 2023 | 3 | 3,817,412 EUR | 3,772,346 EUR |
| 2022 | 4 | 3,603,379 EUR | 3,270,118 EUR |
Schemes
Show 1 more
Recognitions · licences · registrations
Food safety, FASFC
3 sitesHalle2.197.657.932
Schaarbeek2.154.886.276
Vilvoorde2.188.754.322
Care and welfare
7 services · 1 liveOOOC T PASREL
'T PASREL
'T PASREL 2
'T PASREL HALLE
Show 3 more services
'T PASREL SCHAARBEEK
'T PASREL VILVOORDE
HALLE 't PASREL
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KRISTELIJKE MUTUALISTICHE INTERFEDERALE - INTERFEDERALE MUTUALISTE CHRETIENNE
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Of 106 companies in sector 87999 we hold annual accounts for 39. 20 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded04-05-1992
Fiscal year end31-12
Activities, NACEBEL 2025
87999Residential care activities
Contact
Website
www.tpasrel.be
E-mail
katrien.de.koster@tpasrel.be
Phone
02 524 41 26
Fax
02 523 81 28
E-mail
vilvoorde@tpasrel.beVilvoorde
Phone
02 757 26 46Vilvoorde
Fax
02 757 95 53Vilvoorde
E-mail
schaarbeek@tpasrel.beSchaarbeek
Phone
02 215 51 77Schaarbeek
Fax
02 242 43 70Schaarbeek
Show 3 more
E-mail
directie@tpasrel.beHalle
Phone
023059280Halle
Fax
023059283Halle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0448072494
Also
9925:BE0448072494
Registered
24-11-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.