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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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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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
PASSION INVEST from Kortenaken, company number BE0448774458, closed financial year 2025 with a result of € -9,102 after tax. For that financial year PASSION INVEST recorded a gross margin of € 10,862 and equity of € 140,189. Compared with financial year 2024, the result moved from € -11,479 to € -9,102. 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 July 30, 2026.
€ 140,189
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,102
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 928
▲ € 709 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -159,811.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 837
▲ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,212 | € 8,512 | € 9,607 | € 10,862 | ▲ 13% |
| Profit after taxes | € -164 | € -13,430 | € -11,479 | € -9,102 | ▲ € 2,377 |
| Equity | € 174,200 | € 160,770 | € 149,291 | € 140,189 | ▼ 6% |
| Total debts | € 29,573 | € 23,114 | € 18,808 | € 13,605 | ▼ 28% |
| Cash | € 3,884 | - | € 219 | € 928 | ▲ € 709 |
| Land & buildings | € 199,619 | € 183,750 | € 167,881 | € 152,866 | ▼ 9% |
| Retained profit | € -125,800 | € -139,230 | € -150,709 | € -159,811 | ▼ € 9,102 |
| Bank debt | € 0 | € 192 | € 0 | € 0 | |
| Balance sheet total | € 203,773 | € 183,885 | € 168,100 | € 153,794 | ▼ 9% |
Key figures of PASSION INVEST, 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 PASSION INVEST?
What happened at PASSION INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Walter Blockx stepped down as director. NBB
- Rogier Blockx stepped down as director. NBB
- Paula Vanlaer stepped down as director. NBB
- Ilse Blockx stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 9,102. Source: NBB ↗
- Walter Blockx became a director. NBB
- Rogier Blockx became a director. NBB
- Paula Vanlaer became a director. NBB
In short
From € 164 loss in 2022 to € 9,102 loss in 2025.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Rogier Blockx
Managing director
since 2023 · until 2029
Paula Vanlaer
Director
since 2023 · until 2029
Ilse Blockx
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Lapstraat 15
3470 Kortenaken
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.774.458
- VAT number
- BE 0448.774.458
- Registered office
- Lapstraat 15, 3470 Kortenaken
- Names & denominations
- PASSION INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 November 1992
- Peppol
- Not registered