Active · per the CBE, 29 October 2026

FASSKA - PAR

BE0444198434

Rechtspersoon Public limited company 1 establishment

FASSKA - PAR is a wholesaler in Ottignies-Louvain-la-Neuve. Public Limited, started on 7 May 1991, 1 establishment.

Rue du Bosquet 1, 1348 Ottignies-Louvain-la-Neuve

Behind the company: Shahriar SOLTANINASSAB.

Active for

35 year, 5 months

Financials

Financial year 2025

FASSKA - PAR from Ottignies-Louvain-la-Neuve, company number BE0444198434, closed financial year 2025 with a result of € 8.8 million after tax. For that financial year FASSKA - PAR recorded revenue of € 74.3 million and equity of € 29.3 million. Compared with financial year 2024, the result moved from € 11.7 million to € 8.8 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 23, 2026.

What it is worth Growing

€ 29.3 million

▲ 43% vs 2024

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

Profit Healthy

€ 8.8 million

▼ 25% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.7 million

▼ 75% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 29.1 million.

People and assets in 2025

Full-time equivalents

12

▲ 1 vs 2024

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

Wage cost

€ 1.5 million

▼ 9% vs 2024

€ 128,200 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

€ 128,469

▼ 24% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 3.2 million

▲ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 19 days on average.

Taxes and wages

€ 359,983

▼ 22% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 71,817,547 € 114,498,165 € 88,541,245 € 74,274,171 ▼ 16%
Profit after taxes € 5,880,690 € 10,681,287 € 11,728,562 € 8,818,283 ▼ 25%
Equity € 18,026,347 € 8,707,634 € 20,436,196 € 29,254,478 ▲ 43%
Total debts € 19,295,287 € 33,241,059 € 12,342,535 € 8,048,377 ▼ 35%
Cash € 29,265,410 € 26,901,476 € 6,988,814 € 1,727,733 ▼ 75%
Land & buildings € 12,289 € 8,291 € 4,293 € 296 ▼ 93%
Retained profit € 17,826,347 € 8,507,634 € 20,236,196 € 29,054,478 ▲ 44%
Dividend € 0 € 20,000,000 € 0 € 0
Balance sheet total € 37,321,634 € 41,948,692 € 32,778,731 € 37,302,855 ▲ 14%
Employees (FTE) 10.4 10 11 12 ▲ 1

Key figures of FASSKA - PAR, 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 July 2027.

What happened to FASSKA - PAR?

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

  • New annual accounts for financial year 2025: profit of € 8.8 million (▼ 25% vs 2024). Source: NBB ↗
  • Shahriar SOLTANINASSAB became a director. NBB
  • New establishment in Ottignies-Louvain-la-Neuve. KBO
  • Start of the company according to the CBE. KBO

In short

From € 5.9 million profit in 2022 to € 8.8 million profit in 2025.

Paid € 12.4 million in corporate taxes since 2022.

Best year ever: 2024, with € 11.7 million profit.

Paid out € 20 million in dividends to the owners in total.

Management

FASSKA - PAR

Behind FASSKA - PAR is Shahriar SOLTANINASSAB. The shares are held by FASSKA Holding SA (100%).

Directors

According to the 2025 annual accounts

Shahriar SOLTANINASSAB

Director

Also active at: Fasska, ORIMEX, Fasska Holding, FASSBEL

since 2023

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Bosquet 1

1348 Ottignies-Louvain-la-Neuve

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

Details

Company number
0444.198.434
VAT number
BE 0444.198.434
Registered office
Rue du Bosquet 1, 1348 Ottignies-Louvain-la-Neuve
Names & denominations
FASSKA - PAR
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
7 May 1991
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

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Frequently asked questions

What does FASSKA - PAR do?
FASSKA - PAR is a wholesaler in Ottignies-Louvain-la-Neuve. Public Limited, started on 7 May 1991, 1 establishment.
What is the address of FASSKA - PAR?
The registered office of FASSKA - PAR is located at Rue du Bosquet 1, 1348 Ottignies-Louvain-la-Neuve.
Is FASSKA - PAR still active?
Yes. According to the CBE (29 October 2026) FASSKA - PAR is active, legal situation “Normale toestand”, started on 7 May 1991.
Is FASSKA - PAR registered on Peppol?
Yes, FASSKA - PAR is registered on the Peppol network with ID 0208:0444198434.
What is the enterprise number of FASSKA - PAR?
The enterprise number of FASSKA - PAR is BE0444198434.
When was FASSKA - PAR founded?
FASSKA - PAR was founded on 7 May 1991.