What does GYM PASSION do?

GYM PASSION is a wholesaler in Tournai. Private Limited, started on 28 September 2015, 1 establishment.

What is the address of GYM PASSION?

The registered office of GYM PASSION is located at Rue du Follet(K) 10 box 4, 7540 Tournai.

Is GYM PASSION still active?

Yes. According to the CBE (31 October 2026) GYM PASSION is active, legal situation “Normale toestand”, started on 28 September 2015.

Is GYM PASSION registered on Peppol?

Yes, GYM PASSION is registered on the Peppol network with ID 0208:0638908316.

What is the enterprise number of GYM PASSION?

The enterprise number of GYM PASSION is BE0638908316.

When was GYM PASSION founded?

GYM PASSION was founded on 28 September 2015.

Who are the directors of GYM PASSION?

According to the 2025 annual accounts, the directors of GYM PASSION are: Rémi Karakotchian.

Is GYM PASSION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 September 2015; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GYM PASSION make in 2025?

GYM PASSION posted a profit after taxes of € 225,127 in financial year 2025.

What is the revenue of GYM PASSION?

As a small company, GYM PASSION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 351,716.

How much does an employee at GYM PASSION earn?

The average wage cost per full-time employee at GYM PASSION was € 98,000 in 2025: staff costs of € 98,036 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GYM PASSION have?

According to the 2025 annual accounts, GYM PASSION has 1 full-time equivalents (FTE).

GYM PASSION (Private Limited) - Tournai - BE0638908316

Dossier GYM PASSION, printed on 1 November 2026 from databakkes.be/en/0638908316/gym-passion. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

34 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

GYM PASSION from Tournai, company number BE0638908316, closed financial year 2025 with a result of € 225,127 after tax. For that financial year GYM PASSION recorded a gross margin of € 351,716 and equity of € 602,335. Compared with financial year 2024, the result moved from € 149,636 to € 225,127. Profitable, and profit is growing. 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 November 21, 2025.

What it is worth Healthy

€ 602,335

▼ 17% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 225,127

▲ 50% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1 million

▲ 60% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 350,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 98,036

▲ 51% vs 2024

€ 98,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 256,801

▲ 46% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 178,047

▲ 45% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 346,042 Gross margin 2022: € 346,042 First fiscal year in the series	€ 253,574 Gross margin 2023: € 253,574 ▼ 27% vs 2022 (€ 346,042) Unfavourable step	€ 268,755 Gross margin 2024: € 268,755 ▲ 6% vs 2023 (€ 253,574) Favourable step	€ 351,716 Gross margin 2025: € 351,716 ▲ 31% vs 2024 (€ 268,755) Favourable step	▲ 31%
Profit after taxes	€ 195,296 Profit after taxes 2022: € 195,296 First fiscal year in the series	€ 138,742 Profit after taxes 2023: € 138,742 ▼ 29% vs 2022 (€ 195,296) Unfavourable step	€ 149,636 Profit after taxes 2024: € 149,636 ▲ 8% vs 2023 (€ 138,742) Favourable step	€ 225,127 Profit after taxes 2025: € 225,127 ▲ 50% vs 2024 (€ 149,636) Favourable step	▲ 50%
Equity	€ 738,829 Equity 2022: € 738,829 First fiscal year in the series	€ 677,571 Equity 2023: € 677,571 ▼ 8% vs 2022 (€ 738,829) Unfavourable step	€ 727,208 Equity 2024: € 727,208 ▲ 7% vs 2023 (€ 677,571) Favourable step	€ 602,335 Equity 2025: € 602,335 ▼ 17% vs 2024 (€ 727,208) Unfavourable step	▼ 17%
Total debts	€ 281,818 Total debts 2022: € 281,818 First fiscal year in the series	€ 310,879 Total debts 2023: € 310,879 ▲ 10% vs 2022 (€ 281,818) Unfavourable step	€ 308,906 Total debts 2024: € 308,906 ▼ 1% vs 2023 (€ 310,879) Favourable step	€ 634,847 Total debts 2025: € 634,847 ▲ 106% vs 2024 (€ 308,906) Unfavourable step	▲ 106%
Cash	€ 793,469 Cash 2022: € 793,469 First fiscal year in the series	€ 773,600 Cash 2023: € 773,600 ▼ 3% vs 2022 (€ 793,469) Unfavourable step	€ 653,931 Cash 2024: € 653,931 ▼ 15% vs 2023 (€ 773,600) Unfavourable step	€ 1,045,640 Cash 2025: € 1,045,640 ▲ 60% vs 2024 (€ 653,931) Favourable step	▲ 60%
Retained profit	€ 696,829 Retained profit 2022: € 696,829 First fiscal year in the series	€ 635,571 Retained profit 2023: € 635,571 ▼ 9% vs 2022 (€ 696,829) Unfavourable step	€ 685,208 Retained profit 2024: € 685,208 ▲ 8% vs 2023 (€ 635,571) Favourable step	€ 560,335 Retained profit 2025: € 560,335 ▼ 18% vs 2024 (€ 685,208) Unfavourable step	▼ 18%
Dividend	€ 200,000 Dividend 2022: € 200,000 First fiscal year in the series	€ 200,000 Dividend 2023: € 200,000 Unchanged (€ 200,000) Unchanged	€ 100,000 Dividend 2024: € 100,000 ▼ 50% vs 2023 (€ 200,000) Unchanged	€ 350,000 Dividend 2025: € 350,000 ▲ 250% vs 2024 (€ 100,000) Unchanged	▲ 250%
Balance sheet total	€ 1,020,647 Balance sheet total 2022: € 1,020,647 First fiscal year in the series	€ 988,450 Balance sheet total 2023: € 988,450 ▼ 3% vs 2022 (€ 1,020,647) Unchanged	€ 1,036,113 Balance sheet total 2024: € 1,036,113 ▲ 5% vs 2023 (€ 988,450) Unchanged	€ 1,237,182 Balance sheet total 2025: € 1,237,182 ▲ 19% vs 2024 (€ 1,036,113) Unchanged	▲ 19%
Employees (FTE)	1.9 Employees (FTE) 2022: 1.9 First fiscal year in the series	1.3 Employees (FTE) 2023: 1.3 ▼ 0.6 vs 2022 (1.9) Unchanged	1 Employees (FTE) 2024: 1 ▼ 0.3 vs 2023 (1.3) Unchanged	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of GYM PASSION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.

What happened to GYM PASSION?

What happened at GYM PASSION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Nov 21, 2025 New annual accounts for financial year 2025: profit of € 225,127 (▲ 50% vs 2024). filed late Source: NBB ↗
2024 Rémi Karakotchian became a director. NBB
Sep 28, 2015 New establishment in Tournai. KBO
Sep 28, 2015 Start of the company according to the CBE. KBO

In short

From € 195,296 profit in 2022 to € 225,127 profit in 2025.

Paid € 268,979 in corporate taxes since 2022.

Best year ever: 2025, with € 225,127 profit.

On average € 351,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Rémi Karakotchian

GYM PASSION

Behind GYM PASSION is Rémi Karakotchian.

Directors

According to the 2025 annual accounts

Rémi Karakotchian

Manager

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Follet(K) 10 box 4

7540 Tournai

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.

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Details

Company number

0638.908.316

VAT number

BE 0638.908.316

Registered office

Rue du Follet(K) 10 bus 4, 7540 Tournai

Names & denominations

GYM PASSION

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 September 2015

Peppol

Active · Active since 23 Dec 2025

Activities · NACE

Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen

Verhuur en lease van sport- en recreatieartikelen

Reparatie en onderhoud van consumentenartikelen, neg

Detailhandel in overige sportartikelen

Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

GYM PASSION

Warning lights

Financials

What happened to GYM PASSION?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions