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.
€ 667,529
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,225
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 40,956
▼ 83% 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 € 637,529.
People and assets in 2025
€ 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
€ 470,329
▼ 19% vs 2024
€ 115,752 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 43,246
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,482
▼ 21% 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 | € 107,943 | € 122,207 | € 119,887 | € 117,340 | ▼ 2% |
| Profit after taxes | € 55,440 | € 51,173 | € 276,186 | € 63,225 | ▼ 77% |
| Equity | € 276,945 | € 328,118 | € 604,304 | € 667,529 | ▲ 10% |
| Total debts | € 1,021,683 | € 948,709 | € 829,920 | € 662,346 | ▼ 20% |
| Cash | € 22,001 | € 44,410 | € 243,609 | € 40,956 | ▼ 83% |
| Retained profit | € 246,945 | € 298,118 | € 574,304 | € 637,529 | ▲ 11% |
| Bank debt | € 805,896 | € 719,076 | € 583,477 | € 470,329 | ▼ 19% |
| Balance sheet total | € 1,298,628 | € 1,276,828 | € 1,434,224 | € 1,329,875 | ▼ 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:
- New annual accounts for financial year 2025: profit of € 63,225 (▼ 77% vs 2024). filed late Source: NBB ↗
- New establishment in Büllingen. KBO
- 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.
Management
Behind PASSYST is Stephan PALM. It owns 100% of BOPACO AG itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
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