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PASSE VITE OOSTENDE

Active
Private limited companyfounded 2016active for 10 yearsNieuwstraat 10, 8400 Oostende, BelgiumKBO/BCE: BE 0647.620.104
Summary

PASSE VITE OOSTENDE has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,354 and a net result of -€1,833. Equity has been growing by about 2.7% per year since 2019. Its solvency ranks better than 93% of 17,001 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 26-01-2016 Normal situation
Activity
Full-service restaurants NACE 56111and 5 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 30-06-2025
Establishment unit
2.249.950.830 8400 Oostende, since 26-01-2016
Financial year end
30 June
Peppol
Reachable since 27-09-2024

Board and ownership

Board

Financial position

71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts to 30-06-2025
Gross margin
€95,901
▲ 1.7%
Turnover
≈ €310,000
estimated
Loss
€1,833
▲ 55.8%
Equity
€68,354
▼ 2.6%
Total assets
€81,141
▼ 23.1%
Employees on 30-06-2025
3
▲ 50.0%
  • 2025 accounts filed 2 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: total assets €81,141lowers riskLiquidity: current ratio 2.00, cash €19,173Equity €68,354 (84.2% of total assets)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 64% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 100+8
equity 84.2% of total assets
Liquidity 76+6
short-term debt 15.8% · cash 23.6%
Profitability 66-1
return on assets -2.3%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,783 companies, NACE 56, micro)
Last 24 months 12-2024: 1.7% 01-2025: 1.8%▲ +0.1 percentage points vs 12-2024 02-2025: 2.3%▲ +0.5 percentage points vs 01-2025highest value 03-2025: 0.8%▼ -1.5 percentage points vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.7%▼ -0.1 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.8%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%▼ -0.1 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.9%▲ +0.2 percentage points vs 12-2025 02-2026: 1.2%▲ +0.3 percentage points vs 01-2026 03-2026: 0.7%▼ -0.5 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.6%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.0 (1.9 in 2024), above the usual 1.5. Short-term debt is 15.8% and cash 23.6% of total assets. 15.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 94% of them on solvency, 79% on liquidity, 45% on profitability and 37% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €81,141
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.00, cash €19,173
NBB · annual accounts
lowers risk · Equity €68,354 (84.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 2 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
2 days late
2024
5 days late
2023
7 days early
2022
3 days early
2021
15 days late
2020
5 days late
2019
6 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 2 February (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€1,833 View
  • Positive: Higher solvency than 93% of companies in food and beverage servicesector median 29.6% · 17,001 companies 84.2% View

Recent changes

  1. · Gazette deed 1 director appointed, 1 director resigning, 1 reappointedResignation: Pitteljon, Sofie Christine (director) · Reappointment: Pitteljon, Sofie Christine (director) · Appointment: Pottelancie, Flore (niet statutair bestuurder opvolger)
  2. · Gazette deed Resignation: COLIN CLEMENS (director)
  3. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as PASSE VITE OOSTENDE: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €76,100 and €88,400, founded between 2014 and 2016.

CompanyTotal assetsGross margin
PASSE VITE OOSTENDE Oostende€81,141€95,901
JAVA Oostende€85,709€105,769
Het Visioen Brugge€86,980€79,863
PIXEL Antwerpen€78,888€99,581
AB RESTO EVENTS Jurbise€78,338€92,711
Chez Thib Fernelmont€76,125€89,839
PANTAREI GROUP Ukkel€88,385€103,338
Full comparison

Key facts about PASSE VITE OOSTENDE

What is the company number of PASSE VITE OOSTENDE?
The company number of PASSE VITE OOSTENDE is 0647.620.104. The VAT number is the same number with BE in front: BE 0647.620.104.
Where is PASSE VITE OOSTENDE based?
The registered office is at Nieuwstraat 10, 8400 Oostende.Company details
What does PASSE VITE OOSTENDE do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of PASSE VITE OOSTENDE?
The legal form of PASSE VITE OOSTENDE is Private limited company (BV).
When was PASSE VITE OOSTENDE founded?
PASSE VITE OOSTENDE was founded on 26-01-2016.
Is PASSE VITE OOSTENDE still active?
Yes, PASSE VITE OOSTENDE is an active enterprise in the KBO register.
How many employees does PASSE VITE OOSTENDE have?
PASSE VITE OOSTENDE had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PASSE VITE OOSTENDE fall under?
In its 30-06-2025 annual accounts, PASSE VITE OOSTENDE states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of PASSE VITE OOSTENDE?
The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €95,901 and 72 comparable companies (NACE 56111). It probably lies between €260,000 and €410,000.
Is PASSE VITE OOSTENDE profitable?
In financial year 2025, PASSE VITE OOSTENDE made a loss of €1,833.
Where can I find the annual accounts of PASSE VITE OOSTENDE?
PASSE VITE OOSTENDE filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PASSE VITE OOSTENDE due?
PASSE VITE OOSTENDE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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