Financials
Financial year 2025
ETS PAESEN from Hasselt, company number BE0420448973, closed financial year 2025 with a result of € 101,398 after tax. For that financial year ETS PAESEN recorded a gross margin of € 378,827 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 100,720 to € 101,398. Profitable, and profit is growing. 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 October 21, 2025.
€ 1.3 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 101,398
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 104,300
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
€ 32,642
▼ 78% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.1 million
▼ 9% vs 2024
€ 209,549 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 18,155
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,117
▼ 50% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 932,077 | € 769,675 | € 596,454 | € 378,827 | ▼ 36% |
| Profit after taxes | € 266,915 | € 178,857 | € 100,720 | € 101,398 | ▲ 1% |
| Equity | € 1,056,626 | € 1,176,921 | € 1,160,833 | € 1,262,231 | ▲ 9% |
| Total debts | € 2,647,404 | € 2,749,923 | € 2,507,047 | € 2,178,081 | ▼ 13% |
| Cash | € 231,571 | € 270,267 | € 148,448 | € 104,300 | ▼ 30% |
| Land & buildings | € 1,919,754 | € 2,017,054 | € 1,976,802 | € 1,906,525 | ▼ 4% |
| Retained profit | € 991,626 | € 1,111,921 | € 1,095,833 | € 1,197,231 | ▲ 9% |
| Dividend | € 179,513 | € 58,562 | € 116,808 | € 0 | ▼ 100% |
| Bank debt | € 2,496,501 | € 2,497,962 | € 2,326,197 | € 2,121,932 | ▼ 9% |
| Balance sheet total | € 3,763,755 | € 3,979,269 | € 3,717,745 | € 3,487,618 | ▼ 6% |
Key figures of ETS PAESEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to ETS PAESEN?
What happened at ETS PAESEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 101,398 (▲ 1% vs 2024). Source: NBB ↗
- Maurice Paesen became a director. NBB
- Björn Paesen became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 266,915 profit in 2022 to € 101,398 profit in 2025.
Paid € 241,507 in corporate taxes since 2022.
Best year ever: 2022, with € 266,915 profit.
Paid out € 354,883 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ETS PAESEN are Maurice Paesen and Björn Paesen.
Directors
According to the 2025 annual accounts
Maurice Paesen
Director
since 2024
Björn Paesen
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Hellebeemden 14
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.448.973
- VAT number
- BE 0420.448.973
- Registered office
- Hellebeemden 14, 3500 Hasselt
- Names & denominations
- ETS PAESEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 June 1980
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Handel in aanhangwagens, opleggers, caravans en dergelijke
Groothandel in aanhangwagens, opleggers en caravans
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Handel in aanhangwagens, opleggers en caravans