PASSANTJE
Open bankruptcyA bankruptcy procedure is open for PASSANTJE according to publications in the Belgian State Gazette; curator: WALTER DEWEPPE. The 2024 annual accounts show equity of €64k and a net result of €15k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2025, 77 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
77 d early
2023
197 d late
2022
130 d early
2021
27 d early
2020
31 d late
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€64k▲ 30.8%
2023 · €49k
2018: €-37k
2019: €-50k
2020: €-13k
2021: €26k
2022: €38k
2023: €49k
2018 → 2024
Total assets
€236k▲ 1.1%
2023 · €233k
2018: €142k
2019: €192k
2020: €182k
2021: €219k
2022: €204k
2023: €233k
2018 → 2024
Net result
€15k▲ 35.2%
2023 · €11k
2018: €-1k
2019: €-13k
2020: €37k
2021: €39k
2022: €12k
2023: €11k
2018 → 2024
Working capital
€-11k▼ 6.4%
2023 · €-11k
2018: €17k
2019: €2k
2020: €37k
2021: €43k
2022: €19k
2023: €-11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-13k-€26k€38k▲ 46.3%€49k▲ 29.5%€64k▲ 30.8%
Operating result€41k-€45k▲ 9.1%€21k▼ 54.0%€19k▼ 5.9%€38k▲ 98.6%
Net result€37k-€39k▲ 5.0%€12k▼ 69.4%€11k▼ 6.7%€15k▲ 35.2%
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 2024; 2024 is 99% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €236k
Fixed assets
€154k▲ 53.1%
Current assets
€81k▼ 38.5%
Equity and liabilities €236k
Equity
€64k▲ 30.8%
Debt
€172k▼ 6.7%
The debt ratio falls from 79.1% to 73.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▲
2023 · €37k
Cash flow
€38k▲
2023 · €29k
Solvency
27.0%▲
2023 · 20.9%
Current ratio
0.88▼
2023 · 0.93
Quick ratio
0.79▼
2023 · 0.91
Debt / equity
2.70▼
2023 · 3.79
ROE
23.5%▲
2023 · 22.8%
ROA
6.4%▲
2023 · 4.8%
Interest coverage
7.16▲
2023 · 5.00
Debt
€172k▼
2023 · €184k
Debt ≤ 1 year
€93k▼
2023 · €143k
Debt > 1 year
€79k▲
2023 · €42k
Income taxes
€15k▲
2023 · €2k
Staff costs
€72k▼
2023 · €93k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€233k€236k▲
Fixed assets21/28€101k€154k▲
Tangible fixed assets22/27€101k€154k▲
Plant, machinery and equipment23€74k€132k▲
Furniture and vehicles24€3k€3k▼
Other tangible fixed assets26€23k€19k▼
Current assets29/58€132k€81k▼
Stocks and contracts in progress3€3k€8k▲
Stocks30/36€3k€8k▲
Amounts receivable within one year40/41€95k€60k▼
Trade receivables40€72k€5k▼
Other amounts receivable41€23k€55k▲
Cash at bank and in hand54/58€13k€10k▼
Deferred charges and accrued income490/1€21k€3k▼
Equity and liabilities
Total equity and liabilities10/49€233k€236k▲
Equity10/15€49k€64k▲
Contributions10/11€6k€6k=
Reserves13€31k€31k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Tax-exempt reserves132€180€180=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€11k€26k▲
Amounts payable17/49€184k€172k▼
Amounts payable after more than one year17€42k€79k▲
Financial debts170/4€42k€79k▲
Amounts payable within one year42/48€143k€93k▼
Current portion of amounts payable after more than one year42€35k€51k▲
Financial debts43-€0
Credit institutions430/8-€0
Trade debts44€99k€26k▼
Suppliers440/4€99k€26k▼
Taxes, remuneration and social security45€6k€8k▲
Taxes450/3€464€4k▲
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€3k€7k▲
Income statement
Code20232024
Remuneration, social security and pensions62€93k€72k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€23k▲
Other operating charges640/8€4k€6k▲
Gross operating margin9900€134k€139k▲
Operating profit (loss)9901€19k€38k▲
Financial income75/76B€1k€1▼
Recurring financial income75€1k€1▼
Financial charges65/66B€7k€9k▲
Recurring financial charges65€7k€9k▲
Profit (loss) for the period before taxes9903€13k€30k▲
Income taxes67/77€2k€15k▲
Profit (loss) for the period9904€11k€15k▲
Profit (loss) for the period to be appropriated9905€11k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€26k▲
Profit (loss) brought forward from the previous period14P-€11k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · PASSANTJE BV DEINSE- STEENWEG 102, 9031 DRONGEN · event 16-09-2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
13-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 197 days late
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €39k ▲5%
Operating result €45k, net result €39k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €37k
Net result €37k after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Gent · 1 establishment unit since 2014
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.
Deinsesteenweg 1029031 GentGround area
844 m²
Building footprint
196 m²
Volume, LiDAR
1,048 m³
Parcel 44017D0589/00R000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PASSANTJE
since 20142.236.327.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0589/00R000 | Flanders | 843 m² | 1 · 196 m² | 6.7 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WALTER DEWEPPE KAREL PICQUéLAAN 115,
9800 DEINZE |
16-09-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.236.327.476
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,783. 8,252 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-2014
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.