Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
P.A.S. from Sint-Lievens-Houtem, company number BE0449725652, closed financial year 2026 with a result of € 4,096 after tax. For that financial year P.A.S. recorded a gross margin of € 82,860 and equity of € 218,899. Compared with financial year 2025, the result moved from € 26,706 to € 4,096. 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 September 30, 2026.
€ 218,899
▲ 2% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,096
▼ 85% vs 2025
Profit after tax over the fiscal year.
€ 62,017
▲ 120% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 118,899.
People and assets in 2026
€ 103,504
▼ 25% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 66,858
▼ 68% vs 2025
€ 24,925 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,576
▼ 79% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 7,487
▼ 40% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 89,784 | € 72,607 | € 117,456 | € 82,860 | ▼ 29% |
| Profit after taxes | € -14,174 | € 100 | € 26,706 | € 4,096 | ▼ 85% |
| Equity | € 187,997 | € 188,097 | € 214,803 | € 218,899 | ▲ 2% |
| Total debts | € 854,207 | € 727,698 | € 447,844 | € 389,911 | ▼ 13% |
| Cash | € 89,359 | € 22,366 | € 28,139 | € 62,017 | ▲ 120% |
| Land & buildings | € 295,041 | € 295,641 | € 282,785 | € 285,442 | ▲ 1% |
| Retained profit | € 87,997 | € 88,097 | € 114,803 | € 118,899 | ▲ 4% |
| Bank debt | € 658,488 | € 522,898 | € 210,582 | € 66,858 | ▼ 68% |
| Balance sheet total | € 1,042,204 | € 915,795 | € 662,647 | € 608,810 | ▼ 8% |
Key figures of P.A.S., fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to P.A.S.?
What happened at P.A.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pieter Van Den Berghe stepped down as director. NBB
- Veerle Lingier stepped down as director. NBB
- Steven Van Den Berghe stepped down as director. NBB
- Astrid Van Den Berghe stepped down as director. NBB
- Guido Van Den Berghe stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 4,096 (▼ 85% vs 2025). Source: NBB ↗
- Pieter Van Den Berghe became a director. NBB
- Veerle Lingier became a director. NBB
In short
From € 14,174 loss in 2023 to € 4,096 profit in 2026.
Paid € 47,011 in corporate taxes since 2023.
Best year ever: 2025, with € 26,706 profit.
Management
It owns 50% of Destelbergen BM itself.
Directors
According to the 2026 annual accounts
Pieter Van Den Berghe
Director
Also active at: STEVENS EXPOMAT, HOLEKI, CRUSTUM, B - COM, Bastelare Investment Group, À FOND INVEST
since 2023 · until 2029
Veerle Lingier
Director
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Lege Hellesemweg 14
9520 Sint-Lievens-Houtem
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.725.652
- VAT number
- BE 0449.725.652
- Registered office
- Lege Hellesemweg 14, 9520 Sint-Lievens-Houtem
- Names & denominations
- P.A.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1993
- Peppol
- Active · Active since 16 Jul 2025
- Activities · NACE
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