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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
Financials
Financial year 2024
PAZO from Deinze, company number BE0458325790, closed financial year 2024 with a result of € -6,832 after tax. For that financial year PAZO recorded a gross margin of € 40,828 and equity of € -202,946. Compared with financial year 2023, the result moved from € -21,640 to € -6,832. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 28, 2025.
€ -202,946
▼ € 6,832 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,832
▲ 68 % less loss than in 2023
Profit after tax over the fiscal year.
€ 5,116
▲ 3% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -274,835.
Debts at end 2024
€ 53,111
▼ 36% vs 2023
€ 32,960 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,070
▼ 69% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,927
▲ 29% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 14,555 | € 999 | € 21,809 | € 40,828 | ▲ 87% |
| Profit after taxes | € -39,676 | € -58,459 | € -21,640 | € -6,832 | ▲ € 14,807 |
| Equity | € -116,015 | € -174,474 | € -196,114 | € -202,946 | ▼ € 6,832 |
| Total debts | € 293,576 | € 310,186 | € 272,402 | € 245,502 | ▼ 10% |
| Cash | € 1,116 | € 7,178 | € 4,962 | € 5,116 | ▲ 3% |
| Land & buildings | € 132,440 | € 99,330 | € 66,220 | € 33,110 | ▼ 50% |
| Retained profit | € -187,904 | € -246,363 | € -268,003 | € -274,835 | ▼ € 6,832 |
| Bank debt | € 146,386 | € 113,190 | € 83,304 | € 53,111 | ▼ 36% |
| Balance sheet total | € 177,562 | € 135,712 | € 76,288 | € 42,556 | ▼ 44% |
Key figures of PAZO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to PAZO?
What happened at PAZO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 6,832. filed late Source: NBB ↗
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,676 loss in 2021 to € 6,832 loss in 2024.
Paid € 2,340 in corporate taxes since 2021.
A new publication or filing at PAZO? 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
Establishments
Establishment units
Physical locations of this company
De Tonne 115
9800 Deinze
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.325.790
- VAT number
- BE 0458.325.790
- Registered office
- De Tonne 115, 9800 Deinze
- Names & denominations
- PAZO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 1996
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected] 0475/616039
- Activities · NACE
Vervaardiging van ander schrijn- en timmerwerk
Overige recreatie- en ontspanningsactiviteiten, neg