ACTIVE

Pasform

Financial year 2025 · closed on 31/12/2025
Net result
93,8 k €
+350.8% YoY
Revenue
169,8 k €
+9.6% YoY
Equity
830,6 k €
+12.7% YoY
Workforce
11,3 ETP
+25.6% YoY

What does Pasform do?

Pasform is a Non-profit organization incorporated in 2014. Its main activity is: Other education n.e.c.. Its registered office is in Mechelen. It employs on average 11,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0567.872.147
Incorporation
17/11/2014
Legal form
Non-profit organization
Registered office
Frederik de Merodestraat 18
2800 Mechelen · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
11,3 ETP
Joint committees (1)
  • 32901
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Revenue169,8 k €154,9 k €122,3 k €95,1 k €98 k €
EBITDA88,6 k €-35,4 k €-66,9 k €30,3 k €106,3 k €160,1 k €15,4 k €
Operating result86,6 k €-48,7 k €-83 k €14,6 k €86,9 k €145,2 k €9,6 k €
Net result93,8 k €-37,4 k €-79,7 k €14,1 k €86,5 k €145 k €131,7 k €
Balance sheet
Equity830,6 k €736,7 k €774,2 k €853,8 k €839,7 k €753,2 k €608,2 k €
Total assets967,2 k €851,4 k €876,4 k €971,2 k €982,6 k €877,2 k €734,8 k €
Cash611,9 k €543,7 k €574,6 k €791,3 k €843,7 k €730,9 k €648 k €
Debts136,6 k €114,2 k €102,3 k €84,4 k €109,9 k €91 k €126,6 k €
Other
Workforce11,3 ETP9,0 ETP12,3 ETP9,9 ETP9,7 ETP9,4 ETP9,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 5 ended

Active mandates

Bernadette Houdart

Director

Active
Blankedale

Chairman of the board of directors · 0400.999.978

Represented by Luc Govers

Active
Carine Van Neyghem

Director

Active
Daniëlla Deckers

Director

Active
Hoito

Vice-chairman of the board of directors · 0429.766.220

Represented by Ann Berwaerts

Active

Ended mandates

Alain De Groote

Director

Ended
Ann Berwaerts

Director

Ended
Blankedale

Director · 0400.999.978

Represented by Luc Govers

Ended
Hoito

Vice-chairman of the board of directors · 0429.766.220

Represented by An Berwaerts

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull 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 date17/03/202601/04/202514/06/202402/05/202312/05/202209/06/2021
General meeting04/03/202620/03/202514/03/202416/03/202318/03/202212/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/03/202617/03/2026DutchPDF
Full model31/12/202420/03/202501/04/2025DutchPDF
Abridged model31/12/202314/03/202414/06/2024DutchPDF
Abridged model31/12/202216/03/202302/05/2023DutchPDF
Abridged model31/12/202118/03/202212/05/2022DutchPDF
Abridged model31/12/202012/03/202109/06/2021DutchPDF
Abridged model31/12/201919/06/202013/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 5 ended

Active mandates

Bernadette Houdart

Director

Active
Blankedale

Chairman of the board of directors · 0400.999.978

Represented by Luc Govers

Active
Carine Van Neyghem

Director

Active
Daniëlla Deckers

Director

Active
Hoito

Vice-chairman of the board of directors · 0429.766.220

Represented by Ann Berwaerts

Active

Ended mandates

Alain De Groote

Director

Ended
Ann Berwaerts

Director

Ended
Blankedale

Director · 0400.999.978

Represented by Luc Govers

Ended
Hoito

Vice-chairman of the board of directors · 0429.766.220

Represented by An Berwaerts

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2019
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring23/05/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other11/01/2019
    DIVERSEN
    PDF
  • Mandates14/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202593,8 k €
  2. 2024
    Annual accounts 2024-37,4 k €
  3. 2023
    Annual accounts 2023-79,7 k €
  4. 2022
    Annual accounts 202214,1 k €
  5. 2021
    Annual accounts 202186,5 k €
  6. 2020
    Annual accounts 2020145 k €
  7. 2019
    Annual accounts 2019131,7 k €
  8. 17/11/2014
    IncorporationNon-profit organization