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 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAS APRES PAS from Stavelot, company number BE0536408218, closed financial year 2025 with a result of € -27,915 after tax. For that financial year PAS APRES PAS recorded a gross margin of € 645,681 and equity of € 34,044. Compared with financial year 2024, the result moved from € 16,698 to € -27,915. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 34,044
▼ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,915
▼ still € 16,698 profit in 2024
Profit after tax over the fiscal year.
€ 47,642
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 14,044.
People and assets in 2025
18.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 626,535
▲ 32% vs 2024
€ 33,100 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.
€ 1,448
▼ 72% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 121,779
▲ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 86,051
▲ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 205,377 | € 405,479 | € 546,720 | € 645,681 | ▲ 18% |
| Profit after taxes | € 37,091 | € 8,693 | € 16,698 | € -27,915 | ▼ € 44,612 |
| Equity | € 36,568 | € 45,261 | € 61,959 | € 34,044 | ▼ 45% |
| Total debts | € 162,600 | € 206,532 | € 236,932 | € 243,736 | ▲ 3% |
| Cash | € 99,496 | € 69,809 | € 102,820 | € 47,642 | ▼ 54% |
| Retained profit | € 16,568 | € 25,261 | € 41,959 | € 14,044 | ▼ 67% |
| Dividend | € 35,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 6,806 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 199,168 | € 251,793 | € 298,891 | € 277,779 | ▼ 7% |
| Employees (FTE) | - | 13.9 | 19 | 18.9 | ▼ 0.1 |
Key figures of PAS APRES 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 APRES PAS?
What happened at PAS APRES PAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 27,915 (▼ € 44,612 vs 2024). filed late Source: NBB ↗
- New establishment in Verviers. KBO
- New establishment in Verviers. KBO
- New establishment in Liège. KBO
- New establishment in Stavelot. KBO
- New establishment in Stavelot. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,091 profit in 2022 to € 27,915 loss in 2025.
Paid € 14,741 in corporate taxes since 2022.
Best year ever: 2022, with € 37,091 profit.
On average € 34,200 of value added per employee in 2025.
Management
Behind PAS APRES PAS are Jean-Pierre LAURENT and Magaly FRAIPONT. Jean-Pierre LAURENT is also behind EUROTECHNICAL CENTER and JPiGal Immo. Magaly FRAIPONT is also behind Y D'OR DE FRAIPONT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de Spa 157/C
4970 Stavelot
Rue de Spa 143
4970 Stavelot
Active since 1 September 2013
Avenue Rogier 10
4000 Liège
Active since 7 September 2015
Rue de Spa 157 box C
4970 Stavelot
Active since 1 January 2014
Avenue André Ernst 17
4800 Verviers
Active since 11 September 2017
Avenue de Spa 23
4802 Verviers
Active since 1 September 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0536.408.218
- VAT number
- BE 0536.408.218
- Registered office
- Rue de Spa 157/C, 4970 Stavelot
- Names & denominations
- PAS APRES PAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2013
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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