Financials
Financial year 2025
Pag - Asa from Brussel, company number BE0454807066, closed financial year 2025 with a result of € 20,162 after tax. For that financial year Pag - Asa recorded a gross margin of € 2.7 million and equity of € 697,808. Compared with financial year 2024, the result moved from € 8,981 to € 20,162. Profitable, and profit is growing. 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 July 22, 2026.
€ 697,808
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,162
▲ 124% vs 2024
Profit after tax over the fiscal year.
€ 803,159
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
33.8
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 3% vs 2024
€ 78,000 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.
Debts at end 2025
€ 123,232
▼ 7% vs 2024
€ 9,258 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 129,811
▲ € 105,633 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 336,678
▼ 2% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,129,492 | € 2,506,328 | € 2,660,045 | € 2,730,379 | ▲ 3% |
| Profit after taxes | € 45,588 | € 41,588 | € 8,981 | € 20,162 | ▲ 124% |
| Equity | € 687,537 | € 750,746 | € 706,200 | € 697,808 | ▼ 1% |
| Total debts | € 633,374 | € 546,116 | € 507,964 | € 602,536 | ▲ 19% |
| Cash | € 305,985 | € 586,002 | € 615,068 | € 803,159 | ▲ 31% |
| Land & buildings | € 150,000 | € 143,182 | € 136,364 | € 129,545 | ▼ 5% |
| Retained profit | € 352,428 | € 419,016 | € 426,719 | € 446,881 | ▲ 5% |
| Bank debt | € 150,000 | € 141,242 | € 132,320 | € 123,232 | ▼ 7% |
| Balance sheet total | € 1,437,985 | € 1,656,614 | € 1,578,267 | € 1,714,394 | ▲ 9% |
| Employees (FTE) | 28.4 | 31.5 | 34.2 | 33.8 | ▼ 0.4 |
Key figures of Pag - Asa, 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 Pag - Asa?
What happened at Pag - Asa in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,162 (▲ 124% vs 2024). Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,588 profit in 2022 to € 20,162 profit in 2025.
Best year ever: 2022, with € 45,588 profit.
On average € 80,800 of value added per employee in 2025.
A new publication or filing at Pag - Asa? We notify you, reason included.
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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 Pag - Asa are Linda Conings, Sarah De Hovre, Julie Lejeune, Johan Vangenechten, Jozef De Witte and France Blanmailland. Sarah De Hovre is also behind Brussel Onthaal and Bruxelles Accueil. Julie Lejeune is also behind EUROPEAN COUNCIL ON REFUGEES AND EXILES.
Directors
According to the 2025 annual accounts
Linda Conings
Director
Sarah De Hovre
Persoon belast met dagelijks bestuur
Also active at: Brussel Onthaal, Bruxelles Accueil
Johan Vangenechten
Director
Jozef De Witte
Director
France Blanmailland
Director
Establishments
Establishment units
Physical locations of this company
Cellebroersstraat 16
1000 Brussel
Cellebroersstraat 16B
1000 Brussel
Active since 18 October 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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€ 891,959 revenue · 2025
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€ 87,313 revenue · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Email provider
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Hosting
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Website info
Features
Security
Details
- Company number
- 0454.807.066
- VAT number
- BE 0454.807.066
- Registered office
- Cellebroersstraat 16, 1000 Brussel
- Names & denominations
- Pag - Asa
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 4 July 1994
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- pag-asa.be
- Activities · NACE
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