Financials
Financial year 2025
Passies from Sint-Laureins, company number BE0716648965, closed financial year 2025 with a result of € -23,214 after tax. For that financial year Passies recorded a gross margin of € 17,186 and equity of € 33,516. Compared with financial year 2024, the result moved from € 13,847 to € -23,214. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.
€ 33,516
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,214
▼ still € 13,847 profit in 2024
Profit after tax over the fiscal year.
€ 13,535
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 14,916.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 816
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 57,602
▼ 21% vs 2024
€ 21,497 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 83,527
▲ 147% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,119
▼ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 43,491 | € 30,309 | € 55,518 | € 17,186 | ▼ 69% |
| Profit after taxes | € 5,445 | € -15,057 | € 13,847 | € -23,214 | ▼ € 37,061 |
| Equity | € 57,940 | € 42,883 | € 56,730 | € 33,516 | ▼ 41% |
| Total debts | € 124,777 | € 156,368 | € 116,449 | € 150,514 | ▲ 29% |
| Cash | - | € 17,584 | € 11,707 | € 13,535 | ▲ 16% |
| Retained profit | € 39,340 | € 24,283 | € 38,130 | € 14,916 | ▼ 61% |
| Bank debt | € 113,764 | € 112,158 | € 73,145 | € 57,602 | ▼ 21% |
| Balance sheet total | € 182,716 | € 199,251 | € 173,179 | € 184,030 | ▲ 6% |
Key figures of Passies, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Passies?
What happened at Passies in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,214 (▼ € 37,061 vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Laureins. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,445 profit in 2022 to € 23,214 loss in 2025.
Paid € 5,068 in corporate taxes since 2022.
Best year ever: 2024, with € 13,847 profit.
Management
Behind Passies is Tim Haers.
Directors
According to the 2025 annual accounts
Tim Haers
Director
Establishments
Establishment units
Physical locations of this company
Molenstraat(WAT) 108
9988 Sint-Laureins
Stee(WAT) 5
9988 Sint-Laureins
Active since 19 December 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0716.648.965
- VAT number
- BE 0716.648.965
- Registered office
- Molenstraat(WAT) 108, 9988 Sint-Laureins
- Names & denominations
- Passies
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2018
- Peppol
- Active · Active since 20 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen