PASSANITI
Open bankruptcyA bankruptcy procedure is open for PASSANITI according to publications in the Belgian State Gazette; curator: CLAIRE VAN DE VELDE.
Summary
The 2024 annual accounts show negative equity (€-18k) and a net result of €-10k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-18k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
24 d late
2022
30 d late
2021
58 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€149k▲ 4.2%
2023 · €143k
2018: €159k
2019: €147k
2020: €154k
2021: €144k
2022: €87k
2023: €143k
2018 → 2024
EBIT margin
-3.7%▲ 1.2pp
2023 · -4.9%
2018: -2.4%
2019: 3.3%
2020: 6.2%
2021: 7.7%
2022: -6.1%
2023: -4.9%
2018 → 2024
Net result
€-10k▲ 11.2%
2023 · €-11k
2018: €-7k
2019: €1k
2020: €6k
2021: €10k
2022: €-6k
2023: €-11k
2018 → 2024
Working capital
€-26k▼ 37.6%
2023 · €-19k
2018: €-14k
2019: €-10k
2020: €-4k
2021: €8k
2022: €7k
2023: €-19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€154k-€144k▼ 6.1%€87k▼ 39.8%€143k▲ 64.8%€149k▲ 4.2%
Equity€-3k-€8k€2k▼ 74.2%€-9k€-18k▼ 109%
Operating result€10k-€11k▲ 17.3%€-5k€-7k▼ 32.6%€-6k▲ 21.4%
Net result€6k-€10k▲ 61.1%€-6k€-11k▼ 89.2%€-10k▲ 11.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €7k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8k
Fixed assets
€7k ▼ 25.5%
Current assets
€457 ▼ 43.7%
Key figures and ratios
EBITDA
€-3k▲
2023 · €-5k
Cash flow
€-7k▲
2023 · €-8k
Solvency
-233.7%▼
2023 · -81.8%
Current ratio
0.02▼
2023 · 0.04
Debt to equity
-1.43▲
2023 · -2.22
ROA
-121.8%▼
2023 · -100.3%
Interest coverage
-0.79▲
2023 · -1.63
Debt
€26k▲
2023 · €19k
Debt ≤ 1 year
€26k▲
2023 · €19k
Income taxes
€133▼
2023 · €844
Staff costs
€34k▼
2023 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€11k€8k▼
Fixed assets21/28€10k€7k▼
Tangible fixed assets22/27€10k€7k▼
Furniture and vehicles24€2k€662▼
Other tangible fixed assets26€8k€7k▼
Financial fixed assets28€120€120=
Current assets29/58€811€457▼
Amounts receivable within one year40/41€48€35▼
Trade receivables40-€35
Other amounts receivable41€48-
Cash at bank and in hand54/58-€421
Deferred charges and accrued income490/1€763-
Equity and liabilities
Total equity and liabilities10/49€11k€8k▼
Equity10/15€-9k€-18k▼
Contributions10/11€7k€7k=
Reserves13€400€400=
Non-distributable reserves130/1€400€400=
Reserves not available under the articles1311€400€400=
Profit (loss) carried forward14€-16k€-25k▼
Amounts payable17/49€19k€26k▲
Amounts payable within one year42/48€19k€26k▲
Financial debts43€12k€13k▲
Credit institutions430/8€12k€13k▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€2k€1k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Turnover70€143k€149k▲
Goods, raw materials, services and sundry goods60/61€126k€122k▼
Remuneration, social security and pensions62€37k€34k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€34k€33k▼
Operating profit (loss)9901€-7k€-6k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-10k€-9k▲
Income taxes67/77€844€133▼
Profit (loss) for the period9904€-11k€-10k▲
Profit (loss) for the period to be appropriated9905€-11k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-25k▼
Profit (loss) brought forward from the previous period14P€-5k€-16k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL PASSANITI CHAUSSEE DE WATERLOO 913, 1180 UCCLE · event 20-04-2026
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial
Highest result since 2018net €10k ▲61.1%
Operating result €11k, net result €10k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Ukkel · 1 establishment unit since 2015
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.
Waterloosesteenweg 9131180 UkkelGround area
138 m²
Building footprint
76 m²
Volume, LiDAR
796 m³
Parcel 21612C0132/00M000, Brussels · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PIZZERIA ZAZZA
since 20152.242.260.710
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0132/00M000 | Brussels | 138 m² | 1 · 76 m² | 16.2 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CLAIRE VAN DE VELDE AVENUE DE FRE 229,
1180 UCCLE |
20-04-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteUkkel2.242.260.710
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 2,949 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.