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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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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 2025
Paters Passionisten from Kortrijk, company number BE0406581438, closed financial year 2025 with a result of € -493,174 after tax. For that financial year Paters Passionisten recorded a gross margin of € 63,272 and equity of € 17.7 million. Compared with financial year 2024, the result moved from € -64,963 to € -493,174. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 17.7 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -493,174
▼ 659 % more loss than in 2024
Profit after tax over the fiscal year.
€ 158,833
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
0.7
Average over the fiscal year, from the social balance sheet.
€ 62,405
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 245,458
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 23,075
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,343
▲ 7% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -271,086 | € 247,472 | € -83,112 | € 63,272 | ▲ € 146,384 |
| Profit after taxes | € -1,548,509 | € 668,231 | € -64,963 | € -493,174 | ▼ € 428,210 |
| Equity | € 17,581,955 | € 18,250,185 | € 18,185,222 | € 17,692,049 | ▼ 3% |
| Total debts | € 55,170 | € 40,247 | € 32,763 | € 27,418 | ▼ 16% |
| Cash | € 3,830,759 | € 1,569,509 | € 1,164,713 | € 158,833 | ▼ 86% |
| Land & buildings | € 1,988,659 | € 1,708,235 | € 1,708,235 | € 1,708,235 | |
| Retained profit | € 2,169,213 | € 2,837,443 | € 2,772,480 | € 2,279,306 | ▼ 18% |
| Balance sheet total | € 17,637,125 | € 18,290,432 | € 18,217,985 | € 17,719,467 | ▼ 3% |
| Employees (FTE) | - | - | - | 0.7 |
Key figures of Paters Passionisten, 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 Paters Passionisten?
What happened at Paters Passionisten in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 493,174. Source: NBB ↗
- Christiaan Van Quickelberghe became a director. NBB
- Frans Damen became a director. NBB
- Maurice Mazijn became a director. NBB
- Guy Depestele became a director. NBB
- Paul Francis Spencer became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.5 million loss in 2022 to € 493,174 loss in 2025.
Paid € 189,533 in corporate taxes since 2022.
Best year ever: 2023, with € 668,231 profit.
Management
Behind Paters Passionisten are Christiaan Van Quickelberghe, Frans Damen, Maurice Mazijn, Guy Depestele and Paul Francis Spencer.
Directors
According to the 2025 annual accounts
Christiaan Van Quickelberghe
Director
since 2026
Frans Damen
Chairman of the board
since 2026
Maurice Mazijn
Director
since 2026
Guy Depestele
Director
since 2026
Paul Francis Spencer
Director
since 2026
Establishments
Establishment units
Physical locations of this company
Wandelingstraat(Kor) 33
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.581.438
- VAT number
- BE 0406.581.438
- Registered office
- Wandelingstraat(Kor) 33, 8500 Kortrijk
- Names & denominations
- Paters Passionisten
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 11 November 1925
- Peppol
- Not registered
- Activities · NACE
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