Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Partners With Passion from Waregem, company number BE0778722532, closed financial year 2025 with a result of € 783,517 after tax. For that financial year Partners With Passion recorded a gross margin of € 91,594 and equity of € 4.3 million. Compared with financial year 2024, the result moved from € 606,258 to € 783,517. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 4.3 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 783,517
▲ 29% vs 2024
Profit after tax over the fiscal year.
€ 124,850
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.3 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.8 million
▼ 27% vs 2024
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,238
▲ 159% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,723
▲ 50% 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 | € 101,058 | € 96,445 | € 125,356 | € 91,594 | ▼ 27% |
| Profit after taxes | € 995,999 | € 951,962 | € 606,258 | € 783,517 | ▲ 29% |
| Equity | € 1,996,001 | € 2,947,964 | € 3,554,221 | € 4,337,738 | ▲ 22% |
| Total debts | € 6,109,225 | € 5,552,823 | € 4,874,653 | € 4,007,275 | ▼ 18% |
| Cash | € 150,233 | € 217,589 | € 139,568 | € 124,850 | ▼ 11% |
| Retained profit | € 995,999 | € 1,947,962 | € 2,554,219 | € 3,337,736 | ▲ 31% |
| Bank debt | € 5,533,260 | € 4,622,040 | € 3,843,608 | € 2,803,315 | ▼ 27% |
| Balance sheet total | € 8,105,226 | € 8,500,787 | € 8,428,875 | € 8,345,013 | ▼ 1% |
Key figures of Partners With Passion, 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 Partners With Passion?
What happened at Partners With Passion in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 783,517 (▲ 29% vs 2024). filed late Source: NBB ↗
- Walco BV became a director. NBB
- Creoleon BV became a director. NBB
- New establishment in Halen. KBO
- Start of the company according to the CBE. KBO
In short
From € 995,999 profit in 2022 to € 783,517 profit in 2025.
Paid € 4,600 in corporate taxes since 2022.
Best year ever: 2022, with € 995,999 profit.
A new publication or filing at Partners With Passion? 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
The stake of POOGHE CONSULTING, PHILLYNVEST, Vandenhende Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Partners With PassionBehind Partners With Passion are Walco BV and Creoleon BV. The shares are held by POOGHE CONSULTING (33.3%), PHILLYNVEST (33.3%) and Vandenhende Invest (33.3%).
Directors
According to the 2025 annual accounts
Director · represented by Balcaen Wouter
Also active at: MICHIELS, ENTRYPOINT, ALLMARK, iDocta
since 2026
Director · represented by Vandermarliere Michel
since 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Roger Vansteenbruggestraat 123
8790 Waregem
Keerstraat 8
3545 Halen
Active since 16 December 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0778.722.532
- VAT number
- BE 0778.722.532
- Registered office
- Roger Vansteenbruggestraat 123, 8790 Waregem
- Names & denominations
- Partners With Passion
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2021
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Activiteiten van holdings
Holdings