Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Shrinking team NBB
FTE fell two years in a row, from 5.6 to 4.
Financials
Financial year 2025
CHEMINEES PASSION from Nivelles, company number BE0864627514, closed financial year 2025 with a result of € 85,652 after tax. For that financial year CHEMINEES PASSION recorded a gross margin of € 383,129 and equity of € -32,043. Compared with financial year 2024, the result moved from € -96,603 to € 85,652. Profitable, and profit is growing. 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 April 29, 2026.
€ -32,043
▼ € 164,348 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 85,652
▲ still € 96,603 loss in 2024
Profit after tax over the fiscal year.
€ 54,125
▲ € 47,756 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 € -50,593.
People and assets in 2025
4
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 257,107
▼ 18% vs 2024
€ 64,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,659
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18,949
▼ 91% vs 2024
Loans from banks and other lenders, long and short.
€ 175,915
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,981
▼ 37% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 395,056 | € 334,650 | € 267,722 | € 383,129 | ▲ 43% |
| Profit after taxes | € 43,273 | € -153 | € -96,603 | € 85,652 | ▲ € 182,255 |
| Equity | € 229,061 | € 228,908 | € 132,304 | € -32,043 | ▼ € 164,348 |
| Total debts | € 503,775 | € 497,487 | € 552,646 | € 278,953 | ▼ 50% |
| Cash | € 108,163 | € 14,390 | € 6,369 | € 54,125 | ▲ € 47,756 |
| Land & buildings | € 420,000 | € 414,000 | € 408,000 | - | |
| Retained profit | € -39,489 | € -39,642 | € -136,246 | € -50,593 | ▲ € 85,652 |
| Bank debt | € 183,397 | € 147,777 | € 215,425 | € 18,949 | ▼ 91% |
| Balance sheet total | € 732,835 | € 726,394 | € 684,951 | € 246,909 | ▼ 64% |
| Employees (FTE) | 4.7 | 5.6 | 4.8 | 4 | ▼ 0.8 |
Key figures of CHEMINEES 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 30 April 2027.
What happened to CHEMINEES PASSION?
What happened at CHEMINEES 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 € 85,652. Source: NBB ↗
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,273 profit in 2022 to € 85,652 profit in 2025.
Paid € 29,286 in corporate taxes since 2022.
Best year ever: 2025, with € 85,652 profit.
On average € 95,800 of value added per employee in 2025.
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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
Behind CHEMINEES PASSION is SERGE PORTIER.
Directors
According to the 2025 annual accounts
SERGE PORTIER
Director
Establishments
Establishment units
Physical locations of this company
Avenue Robert Schuman 51 box 15
1401 Nivelles
Chaussée de Bruxelles 222
1401 Nivelles
Active since 3 August 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0864.627.514
- VAT number
- BE 0864.627.514
- Registered office
- Avenue Robert Schuman 51 bus 15, 1401 Nivelles
- Names & denominations
- CHEMINEES PASSION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 2004
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Overige bouwinstallatie
Installatie van isolatie
Algemene bouw van andere niet-residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
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