ACTIVE

PASCO

Financial year 2025 · Closed on 31/12/2025

Net result375,4 k €-48,7 %over 1 year
Gross margin824,7 k €-30,9 %over 1 year
Equity411 k €+9,7 %over 1 year
Workforce5,6 ETP+1,8 %over 1 year

Identity

Source · BCE/KBO

PASCO is a Public limited company incorporated in 1990. Its main activity is: Manufacture of steel drums and similar containers. Its registered office is in Zele. It employs on average 5,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.668.822
Incorporation
06/06/1990
Legal form
Public limited company
Registered office
Touwslagerstraat 4
9240 Zele · FlandreSee on map
Contributed capital
182 659,43 €
Latest accounts
31/12/2025
Average workforce
5,6 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin824,7 k €1,2 M €856,4 k €1,3 M €444,6 k €
EBITDA489 k €846 k €524,9 k €949,2 k €224,9 k €
Operating result478,6 k €840 k €518,8 k €942,9 k €255,6 k €
Net result375,4 k €731,6 k €506,6 k €937,1 k €234 k €
Balance sheet
Equity411 k €374,6 k €243 k €242,4 k €242,3 k €
Total assets1,7 M €1,8 M €1,3 M €1,6 M €856,1 k €
Cash602,7 k €722,2 k €432 k €347,7 k €315,7 k €
Debts1,3 M €1,4 M €1,1 M €1,3 M €613,8 k €
Other
Workforce5,6 ETP5,5 ETP5,5 ETP5,8 ETP3,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DRUM INVEST0790.509.220Represented by Laquiere Alexander
Director06/11/2025 → 11/06/2029
Xavier Vanhaelewyn
Director19/12/2023 → 11/06/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DRUMCO HOLDING0647.937.135Represented by Laquiere ALEXANDER
Director10/06/2022 → 2024 accounts
Xavier Jacques Vanhaelewyn
Managing director19/12/2023 → 2024 accounts

Other companies at this address

Touwslagerstraat 4 9240 Zele
CompanyCBE no.
0837.572.333
DRUM INVEST● Active
0790.509.220
GALVATON● Active
0435.476.253
GROEP DRUMCO● Active
0675.540.167

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202608/07/202526/03/202413/07/202318/07/202207/07/2021
General meeting31/07/202630/06/202529/02/202430/06/202330/06/202210/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/07/202631/08/2026DutchPDF
Abridged model31/12/202430/06/202508/07/2025DutchPDF
Abridged model31/12/202329/02/202426/03/2024DutchPDF
Abridged model31/12/202230/06/202313/07/2023DutchPDF
Abridged model31/12/202130/06/202218/07/2022DutchPDF
Abridged model31/12/202010/06/202107/07/2021DutchPDF
Abridged model31/12/201930/06/202024/07/2020DutchPDF
Abridged model31/12/201811/06/201908/07/2019DutchPDF
Abridged model31/12/201711/06/201825/06/2018DutchPDF
Abridged model31/12/201610/06/201713/06/2017DutchPDF
Abridged model31/12/201510/06/201605/07/2016DutchPDF
Abridged model31/12/201410/06/201507/07/2015DutchPDF
Abridged modelCorrection31/12/201309/06/201417/07/2015DutchPDF
Abridged model31/12/201309/06/201429/08/2014DutchPDF
Abridged model31/12/201209/06/201321/08/2013DutchPDF
Abridged model31/12/201110/06/201227/06/2012DutchPDF
Abridged model31/12/201010/06/201125/07/2011DutchPDF
Abridged model31/12/200910/06/201020/08/2010DutchPDF
Abridged model31/12/200810/06/200929/06/2009DutchPDF
Abridged model31/12/200712/06/200815/07/2008DutchPDF
Abridged model31/12/200612/06/200713/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DRUM INVEST0790.509.220Represented by Laquiere Alexander
Director06/11/2025 → 11/06/2029
Xavier Vanhaelewyn
Director19/12/2023 → 11/06/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DRUMCO HOLDING0647.937.135Represented by Laquiere ALEXANDER
Director10/06/2022 → 2024 accounts
Xavier Jacques Vanhaelewyn
Managing director19/12/2023 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2016
    Ontslag en benoeming bestuurders
    PDF
  • Mandates02/09/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2008
    Herbenoeming bestuurders
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
DRUM INVEST
Xavier Vanhaelewyn
DRUMCO HOLDING
Xavier Jacques Vanhaelewyn
Xavier Vanhaelewijn
UBIVISION
DALTECNIC INTERNATIONAL
Frank De Leenheer
Leopold Kerremans
Hilda Pas
1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
PASCO
Touwslagerstraat 4, 9240 Zele
Director
Director
Director
Managing director
Managing director
Managing director
Director
Director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Touwslagerstraat 4, 9240 ZeleCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00501793

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
PASCOCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00501793

Events

  1. 2025
    Annual accounts 2025375,4 k €↓
  2. 2024
    Annual accounts 2024731,6 k €↑
  3. 2023
    Annual accounts 2023506,6 k €↓
  4. 2022
    Annual accounts 2022937,1 k €↑
  5. 2021
    Annual accounts 2021234 k €↓
  6. 2018
    Annual accounts 2018390,5 k €↓
  7. 2017
    Annual accounts 2017587,7 k €↑
  8. 2016
    Annual accounts 2016533,1 k €↑
  9. 2015
    Annual accounts 2015526,8 k €↓
  10. 2014
    Annual accounts 2014567,8 k €↑
  11. 2013
    Annual accounts 2013219,4 k €↓
  12. 2012
    Annual accounts 2012382,2 k €↓
  13. 2011
    Annual accounts 2011458,5 k €↓
  14. 2010
    Annual accounts 2010494,5 k €↑
  15. 2009
    Annual accounts 2009277,8 k €↑
  16. 2008
    Annual accounts 2008247,7 k €↑
  17. 2007
    Annual accounts 2007224,1 k €↑
  18. 2006
    Annual accounts 2006210 k €
  19. 06/06/1990
    IncorporationPublic limited company