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La Passerelle

Active
Non-profit associationfounded 197650 yrs activeMiddelburgstraat 68, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0415.901.554

La Passerelle has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €667k and a net result of €36k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 70% of 800 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
79 / 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-65
Solvency88▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.71 in 2024), but 50.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Ten signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 50 years 0 60 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.6%
Return on assets
2.7%
Age of the figures
9 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €667k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
24 d early
2023
33 d early
2022
31 d early
2021
37 d early
2020
11 d early
2019
18 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€36k▼ 69.3%
2024 · €116k
2018: €13k 2019: €204 2020: €-20k 2021: €-19k 2022: €-39k 2023: €25k 2024: €116k
2018 → 2025
Working capital
€430k▼ 2.2%
2024 · €440k
2018: €371k 2019: €385k 2020: €375k 2021: €365k 2022: €329k 2023: €350k 2024: €440k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€532k-€492k▼ 7.5%€517k▲ 4.9%€632k▲ 22.3%€667k▲ 5.5%
Operating result€-12k-€-26k▼ 122%€31k€64k▲ 109%€39k▼ 38.9%
Net result€-19k-€-39k▼ 106%€25k€116k▲ 364%€36k▼ 69.3%
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €-12k€-12kNet result 2021: €-19k€-19kOperating result 2022: €-26k€-26kNet result 2022: €-39k€-39kOperating result 2023: €31k€31kNet result 2023: €25k€25kOperating result 2024: €64k€64kNet result 2024: €116k€116kOperating result 2025: €39k€39kNet result 2025: €36k€36k20212022202320242025
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.34M
Fixed assets €308k▲ 8.7%
Current assets €1.04M▼ 2.0%
Equity and liabilities €1.34M
Equity €667k▲ 5.5%
Debt €677k▼ 4.4%
The debt ratio falls from 52.8% to 50.4%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€61k
2024 · €79k
Cash flow
€57k
2024 · €131k
Solvency
49.6%
2024 · 47.2%
Current ratio
1.71
2024 · 1.71
Quick ratio
1.71
2024 · 1.71
Debt / equity
1.02
2024 · 1.12
ROE
5.3%
2024 · 18.4%
ROA
2.7%
2024 · 8.7%
Interest coverage
8.30
2024 · 4.57
Debt
€677k
2024 · €708k
Debt ≤ 1 year
€606k
2024 · €617k
Debt > 1 year
€70k
2024 · €87k
Staff costs
€2.63M
2024 · €2.51M
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€1.34M€1.34M
Fixed assets21/28€283k€308k
Tangible fixed assets22/27€278k€302k
Land and buildings22€251k€238k
Plant, machinery and equipment23€20k€18k
Furniture and vehicles24-€31k
Leasing and similar rights25€4k€3k
Assets under construction and advance payments27€3k€13k
Financial fixed assets28€6k€6k
Current assets29/58€1.06M€1.04M
Amounts receivable after more than one year29€30k€15k
Other amounts receivable291€30k€15k
Amounts receivable within one year40/41€453k€362k
Trade receivables40€46k€76k
Other amounts receivable41€407k€286k
Current investments50/53€503k€554k
Cash at bank and in hand54/58€72k€103k
Deferred charges and accrued income490/1€55€2k
Equity and liabilities
Total equity and liabilities10/49€1.34M€1.34M
Equity10/15€632k€667k
Contributions10/11€438k€438k=
Capital10€438k€438k=
Reserves13€21k€21k=
Profit (loss) carried forward14€162k€198k
Investment grants15€11k€10k
Amounts payable17/49€708k€677k
Amounts payable after more than one year17€87k€70k
Financial debts170/4€87k€70k
Amounts payable within one year42/48€617k€606k
Current portion of amounts payable after more than one year42€19k€19k
Trade debts44€138k€102k
Suppliers440/4€138k€102k
Taxes, remuneration and social security45€442k€467k
Taxes450/3€79k€61k
Remuneration and social security454/9€363k€407k
Accrued charges and deferred income492/3€4k€1k
Income statement Code20242025
Non-recurring operating income76A€47k€38k
Remuneration, social security and pensions62€2.51M€2.63M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€22k
Other operating charges640/8€3k€2k
Gross operating margin9900€2.59M€2.70M
Operating profit (loss)9901€64k€39k
Financial income75/76B€69k€4k
Recurring financial income75€69k€4k
Financial charges65/66B€17k€7k
Recurring financial charges65€17k€7k
Profit (loss) for the period before taxes9903€116k€36k
Profit (loss) for the period9904€116k€36k
Profit (loss) for the period to be appropriated9905€116k€36k
Appropriation of the result
Profit (loss) to be appropriated9906€162k€198k
Profit (loss) brought forward from the previous period14P€46k€162k
Social balance
Average headcount (FTE)908735.836.6

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €116k ▲364%
Operating result €64k, net result €116k, both a record.
28-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €25k
Net result €25k after 3 loss-making years.
31-12
Financial Equity above €500kEq €517k ▲4.9%
Equity rises from €492k to €517k.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
13-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
24-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
13 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, Watermaal-Bosvoorde · 2 establishment units since 1976
establishment All 2 establishment units on the map
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.

Middelburgstraat 681170 Watermaal-Bosvoorde
Ground area
1,792 m²
Building footprint
301 m²
Volume, LiDAR
3,026 m³
2 parcels, Brussels · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
La Passerelle
Middelburgstraat 68, 1170 Watermaal-BosvoordeEducation
since 19762.155.336.337
La Passerelle - Bar à Soupe
Middelburgstraat 130, 1170 Watermaal-BosvoordeLimited-service restaurants
since 20122.208.761.066
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21652E0621/00H000 Brussels 953 m² 1 · 230 m² 15.8 m · 3 fl.
21652E0699/00S000 Brussels 839 m² 1 · 70 m² 18.1 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Watermaal-Bosvoorde2.208.761.066
1 permission
Toelating · Eetgelegenheid · since 04-05-2012

Legal Entity Identifier

894500BYHWFT3KLJE980
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 21,627 companies in sector 56112 we hold annual accounts for 9,656. 3,660 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded19-01-1976
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
85311
87201Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.