BART VAN PASSEL
ActiveBART VAN PASSEL has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €513k and a net result of €97k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-3
Solvency90▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.67 against 2.12 in 2024; short-term debt: 12.9% and cash: 11.2% of total assets), and 35.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.9%
Return on assets
12.3%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-10-2025, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
22 d early
2023
21 d early
2022
21 d early
2021
33 d early
2020
11 d early
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€513k▲ 12.7%
2024 · €455k
2019: €243k
2020: €267k
2021: €292k
2022: €327k
2023: €384k
2024: €455k
2019 → 2025
Total assets
€790k▲ 0.9%
2024 · €784k
2019: €784k
2020: €750k
2021: €756k
2022: €808k
2023: €746k
2024: €784k
2019 → 2025
Net result
€97k▼ 13.3%
2024 · €112k
2019: €40k
2020: €39k
2021: €74k
2022: €96k
2023: €94k
2024: €112k
2019 → 2025
Working capital
€171k▲ 35.7%
2024 · €126k
2019: €-24k
2020: €-16k
2021: €-2k
2022: €11k
2023: €61k
2024: €126k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€292k-€327k▲ 12.2%€384k▲ 17.3%€455k▲ 18.7%€513k▲ 12.7%
Operating result€110k-€153k▲ 39.3%€138k▼ 9.7%€171k▲ 23.4%€146k▼ 14.5%
Net result€74k-€96k▲ 29.4%€94k▼ 1.7%€112k▲ 19.5%€97k▼ 13.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €790k
Fixed assets
€517k▼ 5.2%
Current assets
€273k▲ 14.7%
Equity and liabilities €790k
Equity
€513k▲ 12.7%
Debt
€277k▼ 15.6%
The debt ratio falls from 41.9% to 35.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€177k▼
2024 · €208k
Cash flow
€129k▼
2024 · €150k
Solvency
64.9%▲
2024 · 58.1%
Current ratio
2.67▲
2024 · 2.12
Quick ratio
2.67▲
2024 · 2.12
Debt / equity
0.54▼
2024 · 0.72
ROE
19.0%▼
2024 · 24.7%
ROA
12.3%▼
2024 · 14.3%
Interest coverage
15.14▲
2024 · 15.01
Debt
€277k▼
2024 · €328k
Debt ≤ 1 year
€102k▼
2024 · €112k
Debt > 1 year
€174k▼
2024 · €216k
Income taxes
€42k▼
2024 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€784k€790k▲
Fixed assets21/28€545k€517k▼
Tangible fixed assets22/27€545k€517k▼
Land and buildings22€536k€511k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€180€180=
Current assets29/58€238k€273k▲
Amounts receivable within one year40/41€145k€183k▲
Trade receivables40€56k€60k▲
Other amounts receivable41€88k€123k▲
Cash at bank and in hand54/58€91k€88k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€784k€790k▲
Equity10/15€455k€513k▲
Contributions10/11€12k€12k=
Reserves13€443k€501k▲
Distributable reserves133€443k€501k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€328k€277k▼
Amounts payable after more than one year17€216k€174k▼
Financial debts170/4€216k€174k▼
Amounts payable within one year42/48€112k€102k▼
Current portion of amounts payable after more than one year42€42k€42k=
Financial debts43€2k€278▼
Credit institutions430/8€2k€278▼
Trade debts44€678€1k▲
Suppliers440/4€678€1k▲
Taxes, remuneration and social security45€28k€20k▼
Taxes450/3€28k€20k▼
Other amounts payable47/48€41k€40k▼
Accrued charges and deferred income492/3-€567
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€31k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€212k€181k▼
Operating profit (loss)9901€171k€146k▼
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€14k€12k▼
Recurring financial charges65€14k€12k▼
Profit (loss) for the period before taxes9903€161k€139k▼
Income taxes67/77€48k€42k▼
Profit (loss) for the period9904€112k€97k▼
Profit (loss) for the period to be appropriated9905€112k€97k▼
Appropriation of the result
Profit (loss) to be appropriated9906€112k€97k▼
Transfer from equity791/2€39k€38k▼
Transfer to equity691/2€111k€96k▼
To other reserves6921€111k€96k▼
Profit to be distributed694/7€41k€40k▼
Return on contributions (dividend)694€41k€40k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €500kEq €513k ▲12.7%
7 profitable years in a row build equity to €513k.
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €112k ▲19.5%
Operating result €171k, net result €112k, both a record.
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €39k ▼2.6%
Net result drops to €39k, the lowest in the series; recovery starts the following year.
2019
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aarschot · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Spagniestraat 363201 AarschotGround area
2,428 m²
Building footprint
161 m²
Volume, LiDAR
856 m³
Parcel 24060A0020/00H000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Spagniestraat 36, 3201 Aarschot
since 20002.099.599.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24060A0020/00H000 | Flanders | 2,427 m² | 1 · 161 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BelgaPM
BE 0636.910.215
Brussel · Eq €514k
BASIX
BE 0886.523.679
Ichtegem · Eq €514k
EXSERTUS
BE 0895.229.925
Kontich · Eq €514k
HNM Consulting
BE 0841.622.676
Lier · Eq €513k
TECHNOTAP
BE 0465.769.056
Oreye · Eq €513k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 11,858 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2000
Fiscal year end31-03
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
47400Retail sale of information and communication equipment
47410Retail trade
52487
62010Computer programming, consultancy and related activities
62100Computer programming
68201Renting and operating of own or leased residential real estate, excluding social housing
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.