Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SAK PASE from Hoogstraten, company number BE0888993023, closed financial year 2025 with a result of € 7,345 after tax. For that financial year SAK PASE recorded a gross margin of € 9,737 and equity of € -14,487. Compared with financial year 2024, the result moved from € -5,553 to € 7,345. Profitable, and profit is growing. 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 June 16, 2026.
€ -14,487
▲ € 7,345 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,345
▲ still € 5,553 loss in 2024
Profit after tax over the fiscal year.
€ 18,397
▲ 101% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -24,487.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,357
▲ € 1,117 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 226
▼ 71% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,709 | € 8,430 | € -3,587 | € 9,737 | ▲ € 13,324 |
| Profit after taxes | € -1,762 | € 5,098 | € -5,553 | € 7,345 | ▲ € 12,898 |
| Equity | € -21,377 | € -16,279 | € -21,832 | € -14,487 | ▲ € 7,345 |
| Total debts | € 32,802 | € 33,937 | € 33,531 | € 33,202 | ▼ 1% |
| Cash | € 7,475 | € 15,289 | € 9,166 | € 18,397 | ▲ 101% |
| Land & buildings | € 236 | - | - | - | |
| Retained profit | € -31,377 | € -26,279 | € -31,832 | € -24,487 | ▲ € 7,345 |
| Balance sheet total | € 11,425 | € 17,659 | € 11,699 | € 18,715 | ▲ 60% |
Key figures of SAK PASE, 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 SAK PASE?
What happened at SAK PASE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,345. Source: NBB ↗
- Toon Martens became a director. NBB
- Freya Verschueren became a director. NBB
- New establishment in Hoogstraten. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,762 loss in 2022 to € 7,345 profit in 2025.
Paid € 1,091 in corporate taxes since 2022.
Best year ever: 2025, with € 7,345 profit.
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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 SAK PASE are Toon Martens and Freya Verschueren. Toon Martens is also behind SONY MUSIC ENTERTAINMENT BELGIUM and MONAR.
Directors
According to the 2025 annual accounts
since 2023
Freya Verschueren
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Klinketstraat 15
2323 Hoogstraten
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0888.993.023
- VAT number
- BE 0888.993.023
- Registered office
- Klinketstraat 15, 2323 Hoogstraten
- Names & denominations
- SAK PASE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 2007
- Peppol
- Active · Active since 26 Dec 2025
- Contact
- [email protected] +32477601026
- Activities · NACE
Detailhandel in spellen en speelgoed
Uitgeverijen van geluidsopnamen
Detailhandel in spellen en speelgoed in gespecialiseerde winkels
Uitgeverijen van muziekopnamen
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Reproductie van opgenomen media
Reproductie van computermedia
Reproductie van geluidsopnamen
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