PAS is a metalworking company in Londerzeel. Public Limited, started on 13 May 1992, 1 establishment.

What is the address of PAS?

The registered office of PAS is located at Kasteelstraat 47, 1840 Londerzeel.

Yes. According to the CBE (29 October 2026) PAS is active, legal situation “Normale toestand”, started on 13 May 1992.

Is PAS registered on Peppol?

Yes, PAS is registered on the Peppol network with ID 0208:0447413983.

What is the enterprise number of PAS?

The enterprise number of PAS is BE0447413983.

When was PAS founded?

PAS was founded on 13 May 1992.

Who are the directors of PAS?

According to the 2025 annual accounts, the directors of PAS are: Nico Ramstetter, Stefanie Hespeel, Jeremy Hallett.

Is PAS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 May 1992; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did PAS make in 2025?

PAS recorded a loss after taxes of € 2,455,937 in financial year 2025.

What is the revenue of PAS?

In its most recent annual accounts (2025), PAS reported revenue of € 3,563,245.

How much does an employee at PAS earn?

The average wage cost per full-time employee at PAS was € 72,700 in 2025: staff costs of € 1.5 million for 20.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PAS have?

According to the 2025 annual accounts, PAS has 20.3 full-time equivalents (FTE).

PAS (Public Limited) - Londerzeel - BE0447413983

Dossier PAS, printed on 29 October 2026 from databakkes.be/en/0447413983/pas. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

PAS from Londerzeel, company number BE0447413983, closed financial year 2025 with a result of € -2.5 million after tax. For that financial year PAS recorded revenue of € 3.6 million and equity of € 4.9 million. Compared with financial year 2024, the result moved from € -905,174 to € -2.5 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.

What it is worth Healthy

€ 4.9 million

▼ 30% vs 2024

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

Loss Caution

€ -2.5 million

▼ 171 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7,011

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -731,341.

People and assets in 2025

Full-time equivalents

20.3

▲ 0.9 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: € 1.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.5 million

▲ 14% vs 2024

€ 72,700 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

€ 234,852

▲ € 212,072 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

€ 656,388

▲ 45% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.

Wages and social charges

€ 102,664

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 4,352,989 Revenue 2022: € 4,352,989 First fiscal year in the series	€ 3,865,989 Revenue 2023: € 3,865,989 ▼ 11% vs 2022 (€ 4,352,989) Unfavourable step	€ 3,280,985 Revenue 2024: € 3,280,985 ▼ 15% vs 2023 (€ 3,865,989) Unfavourable step	€ 3,563,245 Revenue 2025: € 3,563,245 ▲ 9% vs 2024 (€ 3,280,985) Favourable step	▲ 9%
Profit after taxes	€ 233,766 Profit after taxes 2022: € 233,766 First fiscal year in the series	€ -472,024 Profit after taxes 2023: € -472,024 ▼ € 705,790 vs 2022 (€ 233,766) Unfavourable step	€ -905,174 Profit after taxes 2024: € -905,174 ▼ € 433,150 vs 2023 (€ -472,024) Unfavourable step	€ -2,455,937 Profit after taxes 2025: € -2,455,937 ▼ € 1.6 million vs 2024 (€ -905,174) Unfavourable step	▼ € 1.6 million
Equity	€ 3,461,592 Equity 2022: € 3,461,592 First fiscal year in the series	€ 2,978,479 Equity 2023: € 2,978,479 ▼ 14% vs 2022 (€ 3,461,592) Unfavourable step	€ 7,069,608 Equity 2024: € 7,069,608 ▲ 137% vs 2023 (€ 2,978,479) Favourable step	€ 4,942,400 Equity 2025: € 4,942,400 ▼ 30% vs 2024 (€ 7,069,608) Unfavourable step	▼ 30%
Total debts	€ 647,063 Total debts 2022: € 647,063 First fiscal year in the series	€ 668,876 Total debts 2023: € 668,876 ▲ 3% vs 2022 (€ 647,063) Unfavourable step	€ 867,848 Total debts 2024: € 867,848 ▲ 30% vs 2023 (€ 668,876) Unfavourable step	€ 3,369,022 Total debts 2025: € 3,369,022 ▲ 288% vs 2024 (€ 867,848) Unfavourable step	▲ 288%
Cash	€ 17,674 Cash 2022: € 17,674 First fiscal year in the series	€ 82,297 Cash 2023: € 82,297 ▲ € 64,623 vs 2022 (€ 17,674) Favourable step	-	€ 7,011 Cash 2025: € 7,011 First fiscal year in the series
Land & buildings	€ 1,159,858 Land & buildings 2022: € 1,159,858 First fiscal year in the series	€ 1,110,825 Land & buildings 2023: € 1,110,825 ▼ 4% vs 2022 (€ 1,159,858) Unchanged	€ 1,115,517 Land & buildings 2024: € 1,115,517 Unchanged (€ 1,110,825) Unchanged	€ 1,104,653 Land & buildings 2025: € 1,104,653 ▼ 1% vs 2024 (€ 1,115,517) Unchanged	▼ 1%
Retained profit	€ 2,894,369 Retained profit 2022: € 2,894,369 First fiscal year in the series	€ 2,422,345 Retained profit 2023: € 2,422,345 ▼ 16% vs 2022 (€ 2,894,369) Unfavourable step	€ 1,517,171 Retained profit 2024: € 1,517,171 ▼ 37% vs 2023 (€ 2,422,345) Unfavourable step	€ -731,341 Retained profit 2025: € -731,341 ▼ € 2.2 million vs 2024 (€ 1,517,171) Unfavourable step	▼ € 2.2 million
Bank debt	€ 56,578 Bank debt 2022: € 56,578 First fiscal year in the series	€ 39,533 Bank debt 2023: € 39,533 ▼ 30% vs 2022 (€ 56,578) Favourable step	€ 15,352 Bank debt 2024: € 15,352 ▼ 61% vs 2023 (€ 39,533) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 15,352) Favourable step	▼ 100%
Balance sheet total	€ 4,276,604 Balance sheet total 2022: € 4,276,604 First fiscal year in the series	€ 3,647,355 Balance sheet total 2023: € 3,647,355 ▼ 15% vs 2022 (€ 4,276,604) Unchanged	€ 7,937,455 Balance sheet total 2024: € 7,937,455 ▲ 118% vs 2023 (€ 3,647,355) Unchanged	€ 8,311,422 Balance sheet total 2025: € 8,311,422 ▲ 5% vs 2024 (€ 7,937,455) Unchanged	▲ 5%
Employees (FTE)	21.7 Employees (FTE) 2022: 21.7 First fiscal year in the series	18.8 Employees (FTE) 2023: 18.8 ▼ 2.9 vs 2022 (21.7) Unchanged	19.4 Employees (FTE) 2024: 19.4 ▲ 0.6 vs 2023 (18.8) Unchanged	20.3 Employees (FTE) 2025: 20.3 ▲ 0.9 vs 2024 (19.4) Unchanged	▲ 0.9

Key figures of PAS, 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 PAS?

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

2031 Jeremy Hallett stepped down as director. NBB
2030 Nico Ramstetter stepped down as director. NBB
2030 Stefanie Hespeel stepped down as director. NBB
Apr 23, 2026 New annual accounts for financial year 2025: loss of € 2.5 million. Source: NBB ↗
2025 Jeremy Hallett became a director. NBB
2025 Nico Ramstetter became a director. NBB
2024 Stefanie Hespeel became a director. NBB
Jun 17, 1992 New establishment in Londerzeel. KBO

In short

From € 233,766 profit in 2022 to € 2.5 million loss in 2025.

Paid € 64,185 in corporate taxes since 2022.

Best year ever: 2022, with € 233,766 profit.

Pays suppliers within 82 days on average.

Original PDFs at the National Bank ↗

Management

LEVIAT 100%

The stake of LEVIAT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PAS

European Techno Steel 100%

The shares are held by LEVIAT (100%). It owns 100% of European Techno Steel itself.

Directors

According to the 2025 annual accounts

Nico Ramstetter

Director

Also active at: EUROPEAN TECHNO STEEL

since 2025 · until 2030

Stefanie Hespeel

Director

Also active at: EUROPEAN TECHNO STEEL, TECHNO COATING

since 2024 · until 2030

Jeremy Hallett

Director

Also active at: EUROPEAN TECHNO STEEL

since 2025 · until 2031

Shareholders

LEVIAT

100%

Participations

European Techno Steel

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Kasteelstraat 47

1840 Londerzeel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

EUROPEAN TECHNO STEEL same network

€ 8.7 million revenue · 2025

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

Details

Company number

0447.413.983

VAT number

BE 0447.413.983

Registered office

Kasteelstraat 47, 1840 Londerzeel

Names & denominations

PAS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

13 May 1992

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Coating van metalen

Oppervlaktebehandeling en bekleding van metaal

Algemene metaalbewerking

Verspanend bewerken van metalen

Oppervlaktebehandeling van metalen

View on CBE Public ↗ Annual accounts (NBB) ↗

PAS

Warning lights

Financials

What happened to PAS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions