Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PASSAGE FIEMS from Torhout, company number BE0876012443, closed financial year 2025 with a result of € 1,861 after tax. For that financial year PASSAGE FIEMS recorded a gross margin of € 46,744 and equity of € -31,888. Compared with financial year 2024, the result moved from € -8,931 to € 1,861. 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 September 18, 2026.
€ -31,888
▲ € 1,861 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,861
▲ still € 8,931 loss in 2024
Profit after tax over the fiscal year.
€ 5,588
▲ 64% 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 € -38,088.
People and assets in 2025
€ 24,483
▲ 6% 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.
€ 42,943
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 40,508
▼ 24% vs 2024
€ 13,246 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,223
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,673
▲ 71% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,480 | € -4,727 | € 34,802 | € 46,744 | ▲ 34% |
| Profit after taxes | € 20,276 | € -24,335 | € -8,931 | € 1,861 | ▲ € 10,792 |
| Equity | € -482 | € -24,818 | € -33,749 | € -31,888 | ▲ € 1,861 |
| Total debts | € 39,191 | € 129,021 | € 107,999 | € 95,233 | ▼ 12% |
| Cash | € 28,366 | € 8,491 | € 3,402 | € 5,588 | ▲ 64% |
| Land & buildings | € 1,992 | € 1,553 | € 1,113 | € 674 | ▼ 39% |
| Retained profit | € -6,682 | € -31,018 | € -39,949 | € -38,088 | ▲ € 1,861 |
| Bank debt | € 0 | € 65,141 | € 53,123 | € 40,508 | ▼ 24% |
| Balance sheet total | € 38,709 | € 104,203 | € 74,250 | € 63,345 | ▼ 15% |
Key figures of PASSAGE FIEMS, 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 PASSAGE FIEMS?
What happened at PASSAGE FIEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,861. filed late Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,276 profit in 2022 to € 1,861 profit in 2025.
Best year ever: 2022, with € 20,276 profit.
A new publication or filing at PASSAGE FIEMS? 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
Behind PASSAGE FIEMS are Hannelore Vandevelde and Trees Fiems.
Directors
According to the 2025 annual accounts
Hannelore Vandevelde
Director
Trees Fiems
Director
Establishments
Establishment units
Physical locations of this company
Kortemarkstraat 1 A
8820 Torhout
Kortemarkstraat 1 box A
8820 Torhout
Active since 23 September 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
Website info
Features
Security
Details
- Company number
- 0876.012.443
- VAT number
- BE 0876.012.443
- Registered office
- Kortemarkstraat 1 A, 8820 Torhout
- Names & denominations
- PASSAGE FIEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2005
- Peppol
- Active · Active since 29 Jul 2025
- Contact
- mamzeltorhout.be
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met volledige bediening
Cafés
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Detailhandel in andere huishoudelijke artikelen, neg
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
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