What does PASFROST do?

PASFROST is a food producer in Zonnebeke. Public Limited, started on 7 June 1974, 1 establishment.

What is the address of PASFROST?

The registered office of PASFROST is located at Passendalestraat 80, 8980 Zonnebeke.

Is PASFROST still active?

Yes. According to the CBE (30 October 2026) PASFROST is active, legal situation “Normale toestand”, started on 7 June 1974.

Is PASFROST registered on Peppol?

Yes, PASFROST is registered on the Peppol network with ID 0208:0414296896.

What is the enterprise number of PASFROST?

The enterprise number of PASFROST is BE0414296896.

When was PASFROST founded?

PASFROST was founded on 7 June 1974.

Who are the directors of PASFROST?

According to the 2025 annual accounts, the directors of PASFROST are: Marie Rose Pascal, De Kerselaar NV, Veronique Lafaut, Anne Lafaut, L & P Consult NV.

Is PASFROST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 June 1974; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did PASFROST make in 2025?

PASFROST posted a profit after taxes of € 13,998,667 in financial year 2025.

What is the revenue of PASFROST?

In its most recent annual accounts (2025), PASFROST reported revenue of € 150,491,322.

How much does an employee at PASFROST earn?

The average wage cost per full-time employee at PASFROST was € 67,700 in 2025: staff costs of € 9.7 million for 143.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PASFROST have?

According to the 2025 annual accounts, PASFROST has 143.1 full-time equivalents (FTE).

PASFROST (Public Limited) - Zonnebeke - BE0414296896

Dossier PASFROST, printed on 30 October 2026 from databakkes.be/en/0414296896/pasfrost. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2021, 2025.

Financials

Financial year 2025

PASFROST from Zonnebeke, company number BE0414296896, closed financial year 2025 with a result of € 14 million after tax. For that financial year PASFROST recorded revenue of € 150.5 million and equity of € 39.1 million. Compared with financial year 2024, the result moved from € 17.6 million to € 14 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.

What it is worth Growing

€ 39.1 million

▲ 20% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 14 million

▼ 21% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 14.2 million

▲ 38% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 7.5 million paid out

54 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

143.1

▲ 14.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 31.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 9.7 million

▲ 15% vs 2024

€ 67,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1.2 million

▲ 60% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 7.3 million

▼ 20% vs 2024

€ 1.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 42 million

▲ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 133 days on average.

Taxes and wages

€ 1.7 million

▼ 1% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2023	2024	2025	Change 2024 → 2025
Revenue	€ 93,679,301 Revenue 2021: € 93,679,301 First fiscal year in the series	€ 243,640,495 Revenue 2023: € 243,640,495 ▲ 160% vs 2021 (€ 93,679,301) Favourable step	€ 147,421,103 Revenue 2024: € 147,421,103 ▼ 39% vs 2023 (€ 243,640,495) Unfavourable step	€ 150,491,322 Revenue 2025: € 150,491,322 ▲ 2% vs 2024 (€ 147,421,103) Favourable step	▲ 2%
Profit after taxes	€ 1,627,232 Profit after taxes 2021: € 1,627,232 First fiscal year in the series	€ 10,961,908 Profit after taxes 2023: € 10,961,908 ▲ € 9.3 million vs 2021 (€ 1,627,232) Favourable step	€ 17,646,274 Profit after taxes 2024: € 17,646,274 ▲ 61% vs 2023 (€ 10,961,908) Favourable step	€ 13,998,667 Profit after taxes 2025: € 13,998,667 ▼ 21% vs 2024 (€ 17,646,274) Unfavourable step	▼ 21%
Equity	€ 29,299,371 Equity 2021: € 29,299,371 First fiscal year in the series	€ 34,679,386 Equity 2023: € 34,679,386 ▲ 18% vs 2021 (€ 29,299,371) Favourable step	€ 32,560,660 Equity 2024: € 32,560,660 ▼ 6% vs 2023 (€ 34,679,386) Unfavourable step	€ 39,059,327 Equity 2025: € 39,059,327 ▲ 20% vs 2024 (€ 32,560,660) Favourable step	▲ 20%
Total debts	€ 57,165,028 Total debts 2021: € 57,165,028 First fiscal year in the series	€ 52,737,955 Total debts 2023: € 52,737,955 ▼ 8% vs 2021 (€ 57,165,028) Favourable step	€ 73,758,109 Total debts 2024: € 73,758,109 ▲ 40% vs 2023 (€ 52,737,955) Unfavourable step	€ 60,628,751 Total debts 2025: € 60,628,751 ▼ 18% vs 2024 (€ 73,758,109) Favourable step	▼ 18%
Cash	€ 1,959,958 Cash 2021: € 1,959,958 First fiscal year in the series	€ 955,312 Cash 2023: € 955,312 ▼ 51% vs 2021 (€ 1,959,958) Unfavourable step	€ 10,293,176 Cash 2024: € 10,293,176 ▲ € 9.3 million vs 2023 (€ 955,312) Favourable step	€ 14,196,553 Cash 2025: € 14,196,553 ▲ 38% vs 2024 (€ 10,293,176) Favourable step	▲ 38%
Land & buildings	€ 22,003,012 Land & buildings 2021: € 22,003,012 First fiscal year in the series	€ 21,649,964 Land & buildings 2023: € 21,649,964 ▼ 2% vs 2021 (€ 22,003,012) Unchanged	€ 27,390,956 Land & buildings 2024: € 27,390,956 ▲ 27% vs 2023 (€ 21,649,964) Unchanged	€ 28,553,540 Land & buildings 2025: € 28,553,540 ▲ 4% vs 2024 (€ 27,390,956) Unchanged	▲ 4%
Retained profit	€ 20,217,995 Retained profit 2021: € 20,217,995 First fiscal year in the series	€ 25,639,904 Retained profit 2023: € 25,639,904 ▲ 27% vs 2021 (€ 20,217,995) Favourable step	€ 23,521,178 Retained profit 2024: € 23,521,178 ▼ 8% vs 2023 (€ 25,639,904) Unfavourable step	€ 30,019,845 Retained profit 2025: € 30,019,845 ▲ 28% vs 2024 (€ 23,521,178) Favourable step	▲ 28%
Dividend	€ 1,055,000 Dividend 2021: € 1,055,000 First fiscal year in the series	€ 5,540,000 Dividend 2023: € 5,540,000 ▲ € 4.5 million vs 2021 (€ 1,055,000) Unchanged	€ 19,765,000 Dividend 2024: € 19,765,000 ▲ 257% vs 2023 (€ 5,540,000) Unchanged	€ 7,500,000 Dividend 2025: € 7,500,000 ▼ 62% vs 2024 (€ 19,765,000) Unchanged	▼ 62%
Bank debt	€ 33,866,733 Bank debt 2021: € 33,866,733 First fiscal year in the series	€ 22,033,349 Bank debt 2023: € 22,033,349 ▼ 35% vs 2021 (€ 33,866,733) Favourable step	€ 9,033,333 Bank debt 2024: € 9,033,333 ▼ 59% vs 2023 (€ 22,033,349) Favourable step	€ 7,250,000 Bank debt 2025: € 7,250,000 ▼ 20% vs 2024 (€ 9,033,333) Favourable step	▼ 20%
Balance sheet total	€ 86,464,399 Balance sheet total 2021: € 86,464,399 First fiscal year in the series	€ 87,717,340 Balance sheet total 2023: € 87,717,340 ▲ 1% vs 2021 (€ 86,464,399) Unchanged	€ 106,618,769 Balance sheet total 2024: € 106,618,769 ▲ 22% vs 2023 (€ 87,717,340) Unchanged	€ 102,118,925 Balance sheet total 2025: € 102,118,925 ▼ 4% vs 2024 (€ 106,618,769) Unchanged	▼ 4%
Employees (FTE)	119.3 Employees (FTE) 2021: 119.3 First fiscal year in the series	123.3 Employees (FTE) 2023: 123.3 ▲ 4 vs 2021 (119.3) Unchanged	128.8 Employees (FTE) 2024: 128.8 ▲ 5.5 vs 2023 (123.3) Unchanged	143.1 Employees (FTE) 2025: 143.1 ▲ 14.3 vs 2024 (128.8) Unchanged	▲ 14.3

Key figures of PASFROST, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.

What happened to PASFROST?

What happened at PASFROST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Marie Rose Pascal stepped down as director. NBB
2028 De Kerselaar NV stepped down as director. NBB
2028 Veronique Lafaut stepped down as director. NBB
2028 Anne Lafaut stepped down as director. NBB
2028 L & P Consult NV stepped down as director. NBB
Jul 16, 2026 Corrected annual accounts filed for financial year 2025. Source: NBB ↗
2022 Marie Rose Pascal became a director. NBB
2022 De Kerselaar NV became a director. NBB

In short

From € 1.6 million profit in 2021 to € 14 million profit in 2025.

Paid € 6 million in corporate taxes since 2021.

Best year ever: 2024, with € 17.6 million profit.

Paid out € 33.9 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

DE KERSELAAR 26.8%

L & P CONSULT

The stake of DE KERSELAAR, L & P CONSULT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PASFROST

The shares are held by DE KERSELAAR (26.8%) and L & P CONSULT.

Directors

According to the 2025 annual accounts

Marie Rose Pascal

Managing director

since 2022 · until 2028

De Kerselaar NV

Managing director · represented by Vincent Lafaut

since 2022 · until 2028

Veronique Lafaut

Managing director

Also active at: VELACON, DE KERSELAAR

since 2022 · until 2028

Anne Lafaut

Managing director

Also active at: Bellevue Spur, DE KERSELAAR

since 2022 · until 2028

L & P Consult NV

Chairman of the board · represented by Patrick Lafaut

since 2022 · until 2028

Shareholders

DE KERSELAAR

26.8%

L & P CONSULT

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Passendalestraat 80

8980 Zonnebeke

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

Lafaut l&p

De Meiboom

Lafaut Gelden

DE KERSELAAR same network

€ 10.4 million gross margin · 2026

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0414.296.896

VAT number

BE 0414.296.896

Registered office

Passendalestraat 80, 8980 Zonnebeke

Names & denominations

PASFROST

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

7 June 1974

Peppol

Active · Active since 8 Jan 2026

Activities · NACE

Productie van diepgevroren groenten en fruit

Productie van diepgevroren groenten

View on CBE Public ↗ Annual accounts (NBB) ↗

PASFROST

Warning lights

Financials

What happened to PASFROST?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions