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.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PASSO from Nijlen, company number BE0727586904, closed financial year 2025 with a result of € -184 after tax. For that financial year PASSO recorded a gross margin of € 18,984 and equity of € -155,748. Compared with financial year 2024, the result moved from € -44,612 to € -184. 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 July 1, 2025.
€ -155,748
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -184
▲ 100 % less loss than in 2024
Profit after tax over the fiscal year.
€ 20,870
▲ 124% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -174,348.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,721
▼ 46% vs 2024
Of which on lease € 8,943.
Debts at end 2025
€ 107,730
▼ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 7,667
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,758
▲ 91% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -26,613 | € -65,659 | € -26,270 | € 18,984 | ▲ € 45,255 |
| Profit after taxes | € -42,240 | € -80,535 | € -44,612 | € -184 | ▲ € 44,427 |
| Equity | € -30,416 | € -110,951 | € -155,563 | € -155,748 | |
| Total debts | € 210,997 | € 268,908 | € 290,907 | € 288,720 | ▼ 1% |
| Cash | € 13,656 | € 7,397 | € 9,336 | € 20,870 | ▲ 124% |
| Retained profit | € -49,016 | € -129,551 | € -174,163 | € -174,348 | |
| Bank debt | € 128,746 | € 121,445 | € 115,155 | € 107,730 | ▼ 6% |
| Balance sheet total | € 180,581 | € 157,957 | € 135,343 | € 132,973 | ▼ 2% |
Key figures of PASSO, 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 August 2026.
What happened to PASSO?
What happened at PASSO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 184. Source: NBB ↗
- New establishment in Nijlen. KBO
- Laurens Dielens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 42,240 loss in 2022 to € 184 loss in 2025.
Paid € 1,470 in corporate taxes since 2022.
A new publication or filing at PASSO? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Laurens Dielens
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Voetbalstraat 30
2560 Nijlen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0727.586.904
- VAT number
- BE 0727.586.904
- Registered office
- Voetbalstraat 30, 2560 Nijlen
- Names & denominations
- PASSO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 2019
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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