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.
€ 29.3 million
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.8 million
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▼ 75% 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 € 29.1 million.
People and assets in 2025
12
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 128,469
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 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.
€ 359,983
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 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
Behind FASSKA - PAR is Shahriar SOLTANINASSAB. The shares are held by FASSKA Holding SA (100%).
Directors
According to the 2025 annual accounts
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
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
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