Financials
Financial year 2025
PASCO INVEST from Oudenaarde, company number BE0689968621, closed financial year 2025 with a result of € 115,708 after tax. For that financial year PASCO INVEST recorded a gross margin of € 324,253 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 186,572 to € 115,708. 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 July 9, 2026.
€ 1.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 115,708
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 718,098
▲ € 668,752 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 113,532 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 64,240
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 918,626
▼ 12% vs 2024
€ 131,368 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 922
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,582
▼ 44% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 408,609 | € 411,857 | € 434,577 | € 324,253 | ▼ 25% |
| Profit after taxes | € 168,836 | € 188,078 | € 186,572 | € 115,708 | ▼ 38% |
| Equity | € 1,436,035 | € 1,373,250 | € 1,384,643 | € 1,386,819 | |
| Total debts | € 1,353,176 | € 1,203,829 | € 1,274,714 | € 1,059,014 | ▼ 17% |
| Cash | € 632,773 | € 203,000 | € 49,346 | € 718,098 | ▲ € 668,752 |
| Land & buildings | € 1,835,857 | € 1,744,496 | € 1,651,792 | € 1,556,775 | ▼ 6% |
| Retained profit | € 581,030 | € 768,244 | € 779,637 | € 781,813 | |
| Dividend | € 0 | € 864 | € 175,179 | € 113,532 | ▼ 35% |
| Bank debt | € 1,298,211 | € 1,174,058 | € 1,047,544 | € 918,626 | ▼ 12% |
| Balance sheet total | € 2,789,211 | € 2,577,079 | € 2,659,357 | € 2,445,833 | ▼ 8% |
Key figures of PASCO INVEST, 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 PASCO INVEST?
What happened at PASCO INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 115,708 (▼ 38% vs 2024). Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 168,836 profit in 2022 to € 115,708 profit in 2025.
Paid € 282,695 in corporate taxes since 2022.
Best year ever: 2023, with € 188,078 profit.
Paid out € 289,575 in dividends to the owners in total.
Management
Behind PASCO INVEST are GEERT NORGA and JOHAN NORGA.
Directors
According to the 2025 annual accounts
GEERT NORGA
Director
JOHAN NORGA
Director
Establishments
Establishment units
Physical locations of this company
Meersbloem-Leupegem 13
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0689.968.621
- VAT number
- BE 0689.968.621
- Registered office
- Meersbloem-Leupegem 13, 9700 Oudenaarde
- Names & denominations
- PASCO INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 2018
- Peppol
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