PASS & PARTNERS
ActivePASS & PARTNERS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €840k and a net result of €69k. Equity is growing by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 8578 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-3
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 43.16 against 10.37 in 2024), and 2.2% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
97.8%
Return on assets
8.1%
Age of the figures
8 mo
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
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
15 d early
2023
29 d late
2022
60 d early
2021
24 d early
2020
153 d late
2019
60 d late
← 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 monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€840k▲ 9.0%
2024 · €771k
2018: €154k
2019: €172k
2020: €230k
2021: €273k
2022: €293k
2023: €743k
2024: €771k
2018 → 2025
Total assets
€859k▲ 1.4%
2024 · €847k
2018: €228k
2019: €275k
2020: €344k
2021: €380k
2022: €407k
2023: €806k
2024: €847k
2018 → 2025
Net result
€69k▲ 1.8%
2024 · €68k
2018: €53k
2019: €18k
2020: €58k
2021: €43k
2022: €20k
2023: €450k
2024: €68k
2018 → 2025
Working capital
€781k▲ 10.1%
2024 · €710k
2018: €131k
2019: €151k
2020: €156k
2021: €202k
2022: €235k
2023: €683k
2024: €710k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€273k-€293k▲ 7.2%€743k▲ 154%€771k▲ 3.8%€840k▲ 9.0%
Operating result€61k-€19k▼ 68.5%€121k▲ 535%€24k▼ 80.3%€79k▲ 233%
Net result€43k-€20k▼ 54.2%€450k▲ 2,175%€68k▼ 84.9%€69k▲ 1.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 233% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €859k
Fixed assets
€59k▼ 4.0%
Current assets
€800k▲ 1.8%
Equity and liabilities €859k
Equity
€840k▲ 9.0%
Debt
€19k▼ 75.6%
The debt ratio falls from 9.0% to 2.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€97k▲
2024 · €41k
Cash flow
€87k▲
2024 · €85k
Solvency
97.8%▲
2024 · 91.0%
Current ratio
43.16▲
2024 · 10.37
Quick ratio
43.16▲
2024 · 10.37
Debt / equity
0.02▼
2024 · 0.10
ROE
8.2%▼
2024 · 8.8%
ROA
8.1%▲
2024 · 8.0%
Interest coverage
57.42▲
2024 · 7.22
Debt
€19k▼
2024 · €76k
Debt ≤ 1 year
€19k▼
2024 · €76k
Income taxes
€29k▲
2024 · €21k
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€847k€859k▲
Fixed assets21/28€61k€59k▼
Tangible fixed assets22/27€57k€54k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€30k€18k▼
Other tangible fixed assets26€25k€35k▲
Financial fixed assets28€5k€5k=
Current assets29/58€786k€800k▲
Amounts receivable after more than one year29€465k€365k▼
Other amounts receivable291€465k€365k▼
Amounts receivable within one year40/41€124k€261k▲
Trade receivables40€0-
Other amounts receivable41€124k€261k▲
Current investments50/53€125k€0▼
Cash at bank and in hand54/58€57k€157k▲
Deferred charges and accrued income490/1€15k€18k▲
Equity and liabilities
Total equity and liabilities10/49€847k€859k▲
Equity10/15€771k€840k▲
Contributions10/11€19k€19k=
Reserves13€650k€719k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€648k€717k▲
Profit (loss) carried forward14€102k€102k=
Amounts payable17/49€76k€19k▼
Amounts payable within one year42/48€76k€19k▼
Financial debts43€366€9k▲
Credit institutions430/8€366€0▼
Other loans439-€9k
Trade debts44€443€3k▲
Suppliers440/4€443€3k▲
Taxes, remuneration and social security45€74k€7k▼
Taxes450/3€74k€7k▼
Other amounts payable47/48€753€0▼
Accrued charges and deferred income492/3€100€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Other operating charges640/8€967€807▼
Gross operating margin9900€42k€98k▲
Operating profit (loss)9901€24k€79k▲
Financial income75/76B€71k€21k▼
Recurring financial income75€24k€21k▼
Non-recurring financial income76B€47k€0▼
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€89k€99k▲
Income taxes67/77€21k€29k▲
Profit (loss) for the period9904€68k€69k▲
Profit (loss) for the period to be appropriated9905€68k€69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€170k€171k▲
Profit (loss) brought forward from the previous period14P€102k€102k=
Transfer from equity791/2€40k€0▼
Transfer to equity691/2€68k€69k▲
To other reserves6921€68k€69k▲
Profit to be distributed694/7€40k€0▼
Return on contributions (dividend)694€40k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (10 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
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 43.16
Current ratio from 10.37 to 43.16; short-term debt falls from €76k to €19k.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €450k ▲2175%
Operating result €121k, net result €450k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 11.74
Current ratio from 3.05 to 11.74; short-term debt falls from €114k to €64k.
31-12
Financial
Equity above €500kEq €743k ▲154%
6 profitable years in a row build equity to €743k.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
2020
31-12
Financial
Equity above €200kEq €230k ▲33.4%
3 profitable years in a row build equity to €230k.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Weakest financial yearnet €18k ▼65.9%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 37 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 10 days late
2017
31-07
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
2 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, Tremelo · 1 establishment unit since 2022
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.
Pandhoevestraat 113128 TremeloGround area
1,667 m²
Building footprint
107 m²
Parcel 24006B0318/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Pandhoevestraat 11, 3128 Tremelo
since 20222.332.275.621
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24006B0318/00A000 | Flanders | 1,667 m² | 1 · 107 m² | - |
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
VISTRADEX
BE 0809.731.452
Boechout · Eq €840k
DE LEENHEER J.
BE 0859.631.024
Roeselare · Eq €840k
CORTEMBOS VINCENT
BE 0810.990.868
Estinnes · Eq €840k
J DENIS MANAGEMENT
BE 0783.951.327
Schaarbeek · Eq €840k
Steisaren
BE 0890.639.350
Wevelgem · Eq €841k
Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 29,648 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-2005
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.