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 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PASSUS-PROJECTS from Vosselaar, company number BE0671711736, closed financial year 2025 with a result of € -300,040 after tax. For that financial year PASSUS-PROJECTS recorded a gross margin of € 28,838 and equity of € -236,040. Compared with financial year 2024, the result moved from € 5,422 to € -300,040. 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 August 28, 2026.
€ -236,040
▼ € 300,040 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -300,040
▼ still € 5,422 profit in 2024
Profit after tax over the fiscal year.
€ 483
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -254,640.
People and assets in 2025
4
Average over the fiscal year, from the social balance sheet.
€ 239,755
▲ 35% vs 2024
€ 59,900 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.
€ 58,354
▼ 29% vs 2024
Of which on lease € 33,870.
Debts at end 2025
€ 443,042
▼ 5% vs 2024
€ 18,275 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 338,251
▲ € 268,427 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,710
▲ 89% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 211,130 | € 119,779 | € 249,858 | € 28,838 | ▼ 88% |
| Profit after taxes | € 90,805 | € 5,064 | € 5,422 | € -300,040 | ▼ € 305,462 |
| Equity | € 53,515 | € 58,579 | € 64,001 | € -236,040 | ▼ € 300,040 |
| Total debts | € 101,247 | € 336,480 | € 574,039 | € 856,407 | ▲ 49% |
| Cash | € 9,349 | € 1,496 | € 15,589 | € 483 | ▼ 97% |
| Land & buildings | - | - | € 264,202 | € 246,222 | ▼ 7% |
| Retained profit | € 34,915 | € 39,979 | € 45,401 | € -254,640 | ▼ € 300,040 |
| Bank debt | € 30,825 | € 85,598 | € 468,359 | € 443,042 | ▼ 5% |
| Balance sheet total | € 154,762 | € 395,059 | € 638,039 | € 620,367 | ▼ 3% |
| Employees (FTE) | - | - | - | 4 |
Key figures of PASSUS-PROJECTS, 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 PASSUS-PROJECTS?
What happened at PASSUS-PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 300,040 (▼ € 305,462 vs 2024). filed late Source: NBB ↗
- New establishment in Vosselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 90,805 profit in 2022 to € 300,040 loss in 2025.
Paid € 20,717 in corporate taxes since 2022.
Best year ever: 2022, with € 90,805 profit.
On average € 7,200 of value added per employee in 2025.
Management
The stake of COLLEXIMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PASSUS-PROJECTSBehind PASSUS-PROJECTS is Davy Robben. The shares are held by COLLEXIMMO (50%).
Directors
According to the 2025 annual accounts
Davy Robben
Director
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Heieinde 129
2350 Vosselaar
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0671.711.736
- VAT number
- BE 0671.711.736
- Registered office
- Heieinde 129, 2350 Vosselaar
- Names & denominations
- PASSUS-PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2017
- Peppol
- Active · Active since 24 Dec 2023
- Activities · NACE
Overige reiniging van gebouwen; industriële reiniging
Stukadoorswerk
Gevelreiniging
Algemene bouw van andere niet-residentiële gebouwen
Algemene bouw van residentiële gebouwen
Overige werkzaamheden in verband met de afwerking van gebouwen
Installatie van isolatie