PASSERELLE DESIGN
ActiveSummary
PASSERELLE DESIGN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €393k and a net result of €46k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-1
Solvency68▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.03 in 2024; short-term debt: 34.4% and cash: 19.3% of total assets), and 57.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
42.7%
Return on assets
5%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
29 d late
2023
30 d late
2022
45 d early
2021
44 d early
2020
43 d early
2019
19 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€393k▲ 13.3%
2024 · €347k
2018: €138k
2019: €135k
2020: €175k
2021: €230k
2022: €257k
2023: €296k
2024: €347k
2018 → 2025
Total assets
€922k▲ 0.6%
2024 · €916k
2018: €919k
2019: €867k
2020: €869k
2021: €926k
2022: €902k
2023: €998k
2024: €916k
2018 → 2025
Net result
€46k▼ 11.6%
2024 · €52k
2018: €10k
2019: €-4k
2020: €41k
2021: €55k
2022: €27k
2023: €39k
2024: €52k
2018 → 2025
Working capital
€35k▲ 271%
2024 · €9k
2018: €52k
2019: €16k
2020: €19k
2021: €43k
2022: €29k
2023: €-8k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€230k-€257k▲ 11.8%€296k▲ 15.2%€347k▲ 17.1%€393k▲ 13.3%
Operating result€68k-€58k▼ 14.6%€87k▲ 48.7%€88k▲ 1.4%€76k▼ 13.0%
Net result€55k-€27k▼ 50.4%€39k▲ 43.7%€52k▲ 33.8%€46k▼ 11.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €922k
Fixed assets
€570k ▼ 7.1%
Current assets
€352k ▲ 16.2%
Equity and liabilities €922k
Equity
€393k ▲ 13.3%
Provisions
€22k =
Debt
€506k ▼ 7.4%
Debt's share of the balance-sheet total falls from 59.7% to 55.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€128k▼
2024 · €138k
Cash flow
€98k▼
2024 · €103k
Current ratio
1.11▲
2024 · 1.03
Quick ratio
1.06▲
2024 · 0.99
Debt to equity
1.29▼
2024 · 1.58
ROE
11.8%▼
2024 · 15.1%
ROA
5.0%▼
2024 · 5.7%
Interest coverage
14.00▲
2024 · 12.41
Debt ≤ 1 year
€317k▲
2024 · €293k
Debt > 1 year
€184k▼
2024 · €249k
Income taxes
€22k▼
2024 · €25k
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 · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€916k€922k▲
Fixed assets21/28€613k€570k▼
Intangible fixed assets21-€3k
Tangible fixed assets22/27€613k€567k▼
Land and buildings22€532k€507k▼
Plant, machinery and equipment23€10k€10k▲
Furniture and vehicles24€72k€50k▼
Current assets29/58€303k€352k▲
Stocks and contracts in progress3€13k€14k▲
Stocks30/36€13k€14k▲
Amounts receivable within one year40/41€122k€154k▲
Trade receivables40€122k€146k▲
Other amounts receivable41€92€8k▲
Cash at bank and in hand54/58€160k€178k▲
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€916k€922k▲
Equity10/15€347k€393k▲
Contributions10/11€18k€18k=
Reserves13€329k€375k▲
Tax-exempt reserves132€49k€49k=
Distributable reserves133€279k€325k▲
Provisions and deferred taxes16€22k€22k=
Provisions for liabilities and charges160/5€22k€22k=
Pensions and similar obligations160€22k€22k=
Amounts payable17/49€547k€506k▼
Amounts payable after more than one year17€249k€184k▼
Financial debts170/4€249k€184k▼
Amounts payable within one year42/48€293k€317k▲
Current portion of amounts payable after more than one year42€69k€64k▼
Trade debts44€14k€31k▲
Suppliers440/4€14k€31k▲
Taxes, remuneration and social security45€37k€5k▼
Taxes450/3€15k€5k▼
Remuneration and social security454/9€22k-
Other amounts payable47/48€173k€216k▲
Accrued charges and deferred income492/3€5k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€52k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€143k€134k▼
Operating profit (loss)9901€88k€76k▼
Financial income75/76B€615€762▲
Recurring financial income75€615€762▲
Financial charges65/66B€11k€9k▼
Recurring financial charges65€11k€9k▼
Profit (loss) for the period before taxes9903€77k€68k▼
Income taxes67/77€25k€22k▼
Profit (loss) for the period9904€52k€46k▼
Profit (loss) for the period to be appropriated9905€52k€46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€46k▼
Transfer from equity791/2€2k-
Transfer to equity691/2€52k€46k▼
To other reserves6921€52k€46k▼
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (14 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €55k ▲34.5%
Net result €55k, the highest in the series.
31-12
Financial
Equity above €200kEq €230k ▲31.3%
2 profitable years in a row build equity to €230k.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
31-12
Financial
Equity above €150kEq €175k ▲30.3%
Equity rises from €135k to €175k.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
31-12
Financial
Weakest financial yearnet €-4k ▼137%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
Show earlier events
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
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Bree · 1 establishment unit since 2007
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.
Meeuwerkiezel 453960 BreeGround area
1,305 m²
Building footprint
205 m²
Volume, LiDAR
1,226 m³
Parcel 72004B0870/00R000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PASSERELLE DESIGN
since 20072.159.263.352
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004B0870/00R000 | Flanders | 1,305 m² | 1 · 205 m² | 10.7 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.
Similar companies · same sector, comparable size
CIACO
BE 0407.236.187
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VAN DEN BERGH en Co
BE 0416.825.529
Zele · Eq €391k
JP
BE 0753.872.914
Heist-op-den-Berg · Eq €389k
IMPRIMERIE DE BEYS
BE 0454.564.368
Beersel · Eq €398k
DRUKKERIJ COPPENS
BE 0440.099.886
Lochristi · Eq €388k
Of 1,600 companies in sector 18120 we hold annual accounts for 808. 595 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
Founded22-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
18130Pre-press and pre-media services
18140Printing and reproduction of recorded media
47770Retail sale of watches and jewellery
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
96999Other personal services
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.