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 29 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
PASAB from Ukkel, company number BE0748570873, closed financial year 2024 with a result of € -4,770 after tax. For that financial year PASAB recorded a gross margin of € 115,828 and equity of € -232,148. Compared with financial year 2023, the result moved from € -9,506 to € -4,770. 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 December 3, 2025.
€ -232,148
▼ € 4,770 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,770
▲ 50 % less loss than in 2023
Profit after tax over the fiscal year.
€ 728
▼ 69% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -237,148.
Debts at end 2024
€ 1.2 million
▼ 8% vs 2023
€ 98,686 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 13,270
▼ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 87,463 | € 97,202 | € 77,095 | € 115,828 | ▲ 50% |
| Profit after taxes | € 6,351 | € 14,234 | € -9,506 | € -4,770 | ▲ € 4,736 |
| Equity | € -232,107 | € -217,873 | € -227,379 | € -232,148 | ▼ € 4,770 |
| Total debts | € 2,069,611 | € 2,104,972 | € 2,179,239 | € 2,290,091 | ▲ 5% |
| Cash | € 28,916 | € 784 | € 2,317 | € 728 | ▼ 69% |
| Land & buildings | € 1,713,589 | € 1,764,629 | € 1,806,627 | € 2,006,214 | ▲ 11% |
| Retained profit | € -237,107 | € -222,873 | € -232,379 | € -237,148 | ▼ € 4,770 |
| Bank debt | € 1,296,018 | € 1,315,670 | € 1,301,475 | € 1,200,110 | ▼ 8% |
| Balance sheet total | € 1,837,504 | € 1,887,099 | € 1,951,861 | € 2,057,943 | ▲ 5% |
Key figures of PASAB, 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 31 July 2026.
What happened to PASAB?
What happened at PASAB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 4,770. filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Alexandre JANSSENS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,351 profit in 2021 to € 4,770 loss in 2024.
Best year ever: 2022, with € 14,234 profit.
A new publication or filing at PASAB? 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 PASAB is Alexandre JANSSENS. The shares are held by ATELIER ASAP (30%).
Directors
According to the 2024 annual accounts
Alexandre JANSSENS
Director
since 2020
Shareholders
30%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Guido van Arezzoplein 4
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0748.570.873
- VAT number
- BE 0748.570.873
- Registered office
- Guido van Arezzoplein 4, 1180 Ukkel
- Names & denominations
- PASAB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 2020
- Peppol
- Not registered