What does Passion4Excellence do?

Passion4Excellence is a management company in Brugge. Private Limited, started on 1 March 2011, 1 establishment.

What is the address of Passion4Excellence?

The registered office of Passion4Excellence is located at Torhoutse Steenweg 501, 8200 Brugge.

Is Passion4Excellence still active?

Yes. According to the CBE (15 November 2026) Passion4Excellence is active, legal situation “Normale toestand”, started on 1 March 2011.

Is Passion4Excellence registered on Peppol?

Yes, Passion4Excellence is registered on the Peppol network with ID 0208:0834170801.

What is the enterprise number of Passion4Excellence?

The enterprise number of Passion4Excellence is BE0834170801.

When was Passion4Excellence founded?

Passion4Excellence was founded on 1 March 2011.

Who are the directors of Passion4Excellence?

According to the 2025 annual accounts, the directors of Passion4Excellence are: Paul RYCKAERT.

Is Passion4Excellence a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 March 2011; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 1 events from the Belgian Official Gazette processed.

How much profit did Passion4Excellence make in 2025?

Passion4Excellence posted a profit after taxes of € 486,887 in financial year 2025.

What is the revenue of Passion4Excellence?

As a small company, Passion4Excellence is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 308,585.

Passion4Excellence (Private Limited) - Brugge

Dossier Passion4Excellence, printed on 15 November 2026 from databakkes.be/en/0834170801/passion4excellence. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Passion4Excellence from Brugge, company number BE0834170801, closed financial year 2025 with a result of € 486,887 after tax. For that financial year Passion4Excellence recorded a gross margin of € 308,585 and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 1.6 million to € 486,887. 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 June 15, 2026.

What it is worth Growing

€ 2.8 million

▲ 15% vs 2024

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

Profit Healthy

€ 486,887

▼ 70% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 40,923

▼ 73% vs 2024

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

Where the profit goes Pays out

€ 134,880 paid out

28 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 16,224

▲ € 12,739 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 6,966

▼ 25% vs 2024

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

Taxes and wages

€ 233,508

▲ 9% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 239,542 Gross margin 2022: € 239,542 First fiscal year in the series	€ 276,840 Gross margin 2023: € 276,840 ▲ 16% vs 2022 (€ 239,542) Favourable step	€ 317,002 Gross margin 2024: € 317,002 ▲ 15% vs 2023 (€ 276,840) Favourable step	€ 308,585 Gross margin 2025: € 308,585 ▼ 3% vs 2024 (€ 317,002) Unfavourable step	▼ 3%
Profit after taxes	€ 123,982 Profit after taxes 2022: € 123,982 First fiscal year in the series	€ 211,680 Profit after taxes 2023: € 211,680 ▲ 71% vs 2022 (€ 123,982) Favourable step	€ 1,643,823 Profit after taxes 2024: € 1,643,823 ▲ € 1.4 million vs 2023 (€ 211,680) Favourable step	€ 486,887 Profit after taxes 2025: € 486,887 ▼ 70% vs 2024 (€ 1,643,823) Unfavourable step	▼ 70%
Equity	€ 795,190 Equity 2022: € 795,190 First fiscal year in the series	€ 854,018 Equity 2023: € 854,018 ▲ 7% vs 2022 (€ 795,190) Favourable step	€ 2,400,091 Equity 2024: € 2,400,091 ▲ 181% vs 2023 (€ 854,018) Favourable step	€ 2,752,098 Equity 2025: € 2,752,098 ▲ 15% vs 2024 (€ 2,400,091) Favourable step	▲ 15%
Total debts	€ 76,644 Total debts 2022: € 76,644 First fiscal year in the series	€ 91,653 Total debts 2023: € 91,653 ▲ 20% vs 2022 (€ 76,644) Unfavourable step	€ 244,067 Total debts 2024: € 244,067 ▲ 166% vs 2023 (€ 91,653) Unfavourable step	€ 243,329 Total debts 2025: € 243,329 Unchanged (€ 244,067) Favourable step
Cash	€ 414,795 Cash 2022: € 414,795 First fiscal year in the series	€ 175,992 Cash 2023: € 175,992 ▼ 58% vs 2022 (€ 414,795) Unfavourable step	€ 153,792 Cash 2024: € 153,792 ▼ 13% vs 2023 (€ 175,992) Unfavourable step	€ 40,923 Cash 2025: € 40,923 ▼ 73% vs 2024 (€ 153,792) Unfavourable step	▼ 73%
Retained profit	€ 788,990 Retained profit 2022: € 788,990 First fiscal year in the series	€ 847,818 Retained profit 2023: € 847,818 ▲ 7% vs 2022 (€ 788,990) Favourable step	€ 2,393,891 Retained profit 2024: € 2,393,891 ▲ 182% vs 2023 (€ 847,818) Favourable step	€ 2,745,898 Retained profit 2025: € 2,745,898 ▲ 15% vs 2024 (€ 2,393,891) Favourable step	▲ 15%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 152,852 Dividend 2023: € 152,852 Unchanged (€ 0) Unchanged	€ 97,750 Dividend 2024: € 97,750 ▼ 36% vs 2023 (€ 152,852) Unchanged	€ 134,880 Dividend 2025: € 134,880 ▲ 38% vs 2024 (€ 97,750) Unchanged	▲ 38%
Balance sheet total	€ 871,834 Balance sheet total 2022: € 871,834 First fiscal year in the series	€ 945,672 Balance sheet total 2023: € 945,672 ▲ 8% vs 2022 (€ 871,834) Unchanged	€ 2,644,158 Balance sheet total 2024: € 2,644,158 ▲ 180% vs 2023 (€ 945,672) Unchanged	€ 2,995,428 Balance sheet total 2025: € 2,995,428 ▲ 13% vs 2024 (€ 2,644,158) Unchanged	▲ 13%

By gross margin, Passion4Excellence ranks 3rd of 38 companies with main activity “Activiteiten van hoofdkantoren” in Brugge that publish figures (fiscal year 2025).

Key figures of Passion4Excellence, 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.

Ask about Passion4Excellence the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to Passion4Excellence?

What happened at Passion4Excellence in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 15, 2026 New annual accounts for financial year 2025: profit of € 486,887 (▼ 70% vs 2024). Source: NBB ↗
Apr 1, 2011 New establishment in Brugge. KBO
Mar 3, 2011 Incorporation, published in the Gazette. Source: Staatsblad ↗
2011 Paul RYCKAERT became a director. NBB