Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 44.6 to 33.6.
Financials
Financial year 2025
PAESEN TRANSPORT from Houthalen-Helchteren, company number BE0457839208, closed financial year 2025 with a result of € 86,377 after tax. For that financial year PAESEN TRANSPORT recorded a gross margin of € 2.7 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 193,886 to € 86,377. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2026.
€ 2.1 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 86,377
▼ 55% vs 2024
Profit after tax over the fiscal year.
€ 7,865
▲ 206% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
33.6
▼ 6.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▼ 12% vs 2024
€ 68,900 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.
€ 562,817
▼ 12% vs 2024
Of which on lease € 492,840.
Debts at end 2025
€ 599,474
▼ 20% vs 2024
€ 151,778 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 617,802
▲ 136% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 294,149
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,672,831 | - | - | - | |
| Gross margin | - | € 3,488,133 | € 3,105,550 | € 2,676,102 | ▼ 14% |
| Profit after taxes | € 168,774 | € 200,907 | € 193,886 | € 86,377 | ▼ 55% |
| Equity | € 2,337,139 | € 2,158,046 | € 2,351,932 | € 2,138,309 | ▼ 9% |
| Total debts | € 1,927,534 | € 2,544,759 | € 5,972,513 | € 9,720,932 | ▲ 63% |
| Cash | € 47,564 | € 127,268 | € 2,569 | € 7,865 | ▲ 206% |
| Retained profit | € 2,262,771 | € 2,083,678 | € 2,277,564 | € 2,063,941 | ▼ 9% |
| Dividend | € 0 | € 380,000 | € 0 | € 300,000 | |
| Bank debt | € 909,429 | € 1,250,587 | € 745,930 | € 599,474 | ▼ 20% |
| Balance sheet total | € 4,264,673 | € 4,702,805 | € 8,324,445 | € 11,859,241 | ▲ 42% |
| Employees (FTE) | 48.6 | 44.6 | 39.8 | 33.6 | ▼ 6.2 |
Key figures of PAESEN TRANSPORT, 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 PAESEN TRANSPORT?
What happened at PAESEN TRANSPORT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lisbo BV stepped down as director. NBB
- Keiler Construct BV stepped down as director. NBB
- Jovape BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 86,377 (▼ 55% vs 2024). filed late Source: NBB ↗
- Lisbo BV became a director. NBB
- Keiler Construct BV became a director. NBB
- Jovape BV became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
In short
From € 168,774 profit in 2022 to € 86,377 profit in 2025.
Paid € 285,107 in corporate taxes since 2022.
Best year ever: 2023, with € 200,907 profit.
On average € 79,600 of value added per employee in 2025.
Management
The stake of PAESEN BOUWEXPO, Imvap comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PAESEN TRANSPORTThe shares are held by PAESEN BOUWEXPO (99.7%) and Imvap (0.3%).
Directors
According to the 2025 annual accounts
Director · represented by Luc Van Pelt
Also active at: Bouwmaterialen Van Pelt, Imvap, BETONFABRIEK PAESEN, PAESEN BOUWEXPO, TEGELBEDRIJF FRANS GRIGORIEFF, HOLDING VAN PELT, VAPTRANS
since 2023 · until 2029
Director · represented by Wim Van Pelt
Also active at: Bouwmaterialen Van Pelt, Imvap, BETONFABRIEK PAESEN, PAESEN BOUWEXPO, TEGELBEDRIJF FRANS GRIGORIEFF, HOLDING VAN PELT, VAPTRANS
since 2023 · until 2029
Director · represented by Jozef Van Pelt
Also active at: Bouwmaterialen Van Pelt, Imvap, BETONFABRIEK PAESEN, PAESEN BOUWEXPO, TEGELBEDRIJF FRANS GRIGORIEFF, HOLDING VAN PELT, VAPTRANS
since 2023 · until 2029
Shareholders
99.7%
0.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Centrum-Zuid 2015
3530 Houthalen-Helchteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.839.208
- VAT number
- BE 0457.839.208
- Registered office
- Centrum-Zuid 2015, 3530 Houthalen-Helchteren
- Names & denominations
- PAESEN TRANSPORT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 1996
- Peppol
- Active · Active since 30 Oct 2025
- Activities · NACE
Goederenvervoer over de weg