Financials
- Fiscal year
- 2025
- Total assets
- €181,852
- Profit
- €29,000
- Solvency
- 94.1%
Total assets▲ 9.4%
Net result
20182025
PASSAREL
ActiveSummary
PASSAREL has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171,199 and a net result of €29,000. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 14676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
What they do
Limited-service restaurants, excluding mobile food services
NACE 56112NACE 55302Limited-service restaurants NACE 56102
#5 oldest company in Diepenbeek, Accommodation and food service sector1 site
How big
€181,852total assets 2025
- Staff
- 0.5 FTE
- Equity
- €171,199
- Profit
- €29,000
Turnover not published (abridged schema)
Who decides
Accounts 37 d early0 of 1 deed read
Why 87- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 16.1 against 6.74 in 2024; short-term debt: 5.8% and cash: 71.8% of total assets), and 5.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
94.1%
Return on assets
15.9%
Age of the figures
9 mo
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
14 d early
2023
5 d early
2022
30 d late
2021
31 d late
2020
30 d late
2019
63 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 27 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Liquidity doublescurrent ratio 16.10
- Equity above €150,000Eq €171,199 ▲20.4%
Key points
By topic
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 24-06-2026Annual accounts filed
- 31-12-2025Liquidity doubles
- 31-12-2025Equity above €150,000
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 18-07-1997
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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