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 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ITALIA PER PASSIONE from Elsene, company number BE0434069357, closed financial year 2025 with a result of € -722 after tax. For that financial year ITALIA PER PASSIONE recorded a gross margin of € 157,261 and equity of € -19,608. Compared with financial year 2024, the result moved from € 2,057 to € -722. 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 June 12, 2026.
€ -19,608
▼ € 722 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -722
▼ still € 2,057 profit in 2024
Profit after tax over the fiscal year.
€ 14,381
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -38,208.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 151,344
▲ 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.
€ 10,385
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,961
€ 10,083 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1,916
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,760
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 116,743 | € 123,629 | € 152,866 | € 157,261 | ▲ 3% |
| Profit after taxes | € 19,444 | € -126 | € 2,057 | € -722 | ▼ € 2,779 |
| Equity | € -20,817 | € -20,943 | € -18,886 | € -19,608 | ▼ € 722 |
| Total debts | € 121,040 | € 138,832 | € 65,793 | € 72,649 | ▲ 10% |
| Cash | € 28,814 | € 18,243 | € 25,236 | € 14,381 | ▼ 43% |
| Retained profit | € -39,417 | € -39,543 | € -37,486 | € -38,208 | ▼ € 722 |
| Bank debt | € 0 | € 0 | € 11,001 | € 10,961 | |
| Balance sheet total | € 100,222 | € 117,890 | € 46,907 | € 53,041 | ▲ 13% |
Key figures of ITALIA PER PASSIONE, 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 ITALIA PER PASSIONE?
What happened at ITALIA PER PASSIONE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 722 (▼ € 2,779 vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,444 profit in 2022 to € 722 loss in 2025.
Best year ever: 2022, with € 19,444 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 ITALIA PER PASSIONE is CHIARA NANNICINI.
Directors
According to the 2025 annual accounts
CHIARA NANNICINI
Director
Establishments
Establishment units
Physical locations of this company
Boondaalse Steenweg 190
1050 Elsene
Renbaanlaan 71
1050 Elsene
Active since 1 June 1988
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.069.357
- VAT number
- BE 0434.069.357
- Registered office
- Boondaalse Steenweg 190, 1050 Elsene
- Names & denominations
- ITALIA PER PASSIONE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 1988
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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