What does PASSYST do?

PASSYST is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 8 December 2010, 1 establishment.

What is the address of PASSYST?

The registered office of PASSYST is located at Mürringen,Zur runden Heide 24, 4760 Büllingen.

Is PASSYST still active?

Yes. According to the CBE (30 October 2026) PASSYST is active, legal situation “Normale toestand”, started on 8 December 2010.

Is PASSYST registered on Peppol?

Yes, PASSYST is registered on the Peppol network with ID 0208:0831754016.

What is the enterprise number of PASSYST?

The enterprise number of PASSYST is BE0831754016.

When was PASSYST founded?

PASSYST was founded on 8 December 2010.

Who are the directors of PASSYST?

According to the 2025 annual accounts, the directors of PASSYST are: Stephan PALM.

Is PASSYST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 December 2010; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did PASSYST make in 2025?

PASSYST posted a profit after taxes of € 63,225 in financial year 2025.

What is the revenue of PASSYST?

As a small company, PASSYST is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 117,340.

PASSYST (Private Limited) - Büllingen - BE0831754016

Dossier PASSYST, printed on 30 October 2026 from databakkes.be/en/0831754016/passyst. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PASSYST from Büllingen, company number BE0831754016, closed financial year 2025 with a result of € 63,225 after tax. For that financial year PASSYST recorded a gross margin of € 117,340 and equity of € 667,529. Compared with financial year 2024, the result moved from € 276,186 to € 63,225. The company is profitable. 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 12, 2026.

What it is worth Growing

€ 667,529

▲ 10% vs 2024

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

Profit Healthy

€ 63,225

▼ 77% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 40,956

▼ 83% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 637,529.

People and assets in 2025

Wage cost

€ 983

▼ 7% vs 2024

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 ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 470,329

▼ 19% vs 2024

€ 115,752 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 43,246

▼ 2% vs 2024

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

Taxes

€ 41,482

▼ 21% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 107,943 Gross margin 2022: € 107,943 First fiscal year in the series	€ 122,207 Gross margin 2023: € 122,207 ▲ 13% vs 2022 (€ 107,943) Favourable step	€ 119,887 Gross margin 2024: € 119,887 ▼ 2% vs 2023 (€ 122,207) Unfavourable step	€ 117,340 Gross margin 2025: € 117,340 ▼ 2% vs 2024 (€ 119,887) Unfavourable step	▼ 2%
Profit after taxes	€ 55,440 Profit after taxes 2022: € 55,440 First fiscal year in the series	€ 51,173 Profit after taxes 2023: € 51,173 ▼ 8% vs 2022 (€ 55,440) Unfavourable step	€ 276,186 Profit after taxes 2024: € 276,186 ▲ € 225,013 vs 2023 (€ 51,173) Favourable step	€ 63,225 Profit after taxes 2025: € 63,225 ▼ 77% vs 2024 (€ 276,186) Unfavourable step	▼ 77%
Equity	€ 276,945 Equity 2022: € 276,945 First fiscal year in the series	€ 328,118 Equity 2023: € 328,118 ▲ 18% vs 2022 (€ 276,945) Favourable step	€ 604,304 Equity 2024: € 604,304 ▲ 84% vs 2023 (€ 328,118) Favourable step	€ 667,529 Equity 2025: € 667,529 ▲ 10% vs 2024 (€ 604,304) Favourable step	▲ 10%
Total debts	€ 1,021,683 Total debts 2022: € 1,021,683 First fiscal year in the series	€ 948,709 Total debts 2023: € 948,709 ▼ 7% vs 2022 (€ 1,021,683) Favourable step	€ 829,920 Total debts 2024: € 829,920 ▼ 13% vs 2023 (€ 948,709) Favourable step	€ 662,346 Total debts 2025: € 662,346 ▼ 20% vs 2024 (€ 829,920) Favourable step	▼ 20%
Cash	€ 22,001 Cash 2022: € 22,001 First fiscal year in the series	€ 44,410 Cash 2023: € 44,410 ▲ 102% vs 2022 (€ 22,001) Favourable step	€ 243,609 Cash 2024: € 243,609 ▲ € 199,199 vs 2023 (€ 44,410) Favourable step	€ 40,956 Cash 2025: € 40,956 ▼ 83% vs 2024 (€ 243,609) Unfavourable step	▼ 83%
Retained profit	€ 246,945 Retained profit 2022: € 246,945 First fiscal year in the series	€ 298,118 Retained profit 2023: € 298,118 ▲ 21% vs 2022 (€ 246,945) Favourable step	€ 574,304 Retained profit 2024: € 574,304 ▲ 93% vs 2023 (€ 298,118) Favourable step	€ 637,529 Retained profit 2025: € 637,529 ▲ 11% vs 2024 (€ 574,304) Favourable step	▲ 11%
Bank debt	€ 805,896 Bank debt 2022: € 805,896 First fiscal year in the series	€ 719,076 Bank debt 2023: € 719,076 ▼ 11% vs 2022 (€ 805,896) Favourable step	€ 583,477 Bank debt 2024: € 583,477 ▼ 19% vs 2023 (€ 719,076) Favourable step	€ 470,329 Bank debt 2025: € 470,329 ▼ 19% vs 2024 (€ 583,477) Favourable step	▼ 19%
Balance sheet total	€ 1,298,628 Balance sheet total 2022: € 1,298,628 First fiscal year in the series	€ 1,276,828 Balance sheet total 2023: € 1,276,828 ▼ 2% vs 2022 (€ 1,298,628) Unchanged	€ 1,434,224 Balance sheet total 2024: € 1,434,224 ▲ 12% vs 2023 (€ 1,276,828) Unchanged	€ 1,329,875 Balance sheet total 2025: € 1,329,875 ▼ 7% vs 2024 (€ 1,434,224) Unchanged	▼ 7%

Key figures of PASSYST, 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 PASSYST?

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

Aug 12, 2026 New annual accounts for financial year 2025: profit of € 63,225 (▼ 77% vs 2024). filed late Source: NBB ↗
Jan 1, 2011 New establishment in Büllingen. KBO
Dec 8, 2010 Start of the company according to the CBE. KBO

In short

From € 55,440 profit in 2022 to € 63,225 profit in 2025.

Paid € 88,377 in corporate taxes since 2022.

Best year ever: 2024, with € 276,186 profit.

Original PDFs at the National Bank ↗

Management

Stephan PALM

PASSYST

BOPACO AG 100%

Behind PASSYST is Stephan PALM. It owns 100% of BOPACO AG itself.

Directors

According to the 2025 annual accounts

Stephan PALM

Managing director

Also active at: Emil Palm

Establishments

Establishment units

Physical locations of this company

Registered office

Mürringen,Zur runden Heide 24

4760 Büllingen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0831.754.016

VAT number

BE 0831.754.016

Registered office

Mürringen,Zur runden Heide 24, 4760 Büllingen

Names & denominations

PASSYST

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 December 2010

Peppol

Active · Active since 17 Nov 2025

Activities · NACE

Activiteiten van holdings

Holdings

Activiteiten van hoofdkantoren

View on CBE Public ↗ Annual accounts (NBB) ↗

PASSYST

Financials

What happened to PASSYST?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions