PASSIEFHUIS - PLATFORM

Active

Non-profit associationfounded 200223 yrs activeTurnhoutsebaan 139A, 2140 Antwerpen, BelgiumKBO/BCE: BE 0478.995.007

The annual accounts of PASSIEFHUIS - PLATFORM for fiscal year 2024 show a net loss of 55% of the equity at the start of that year. The 2024 annual accounts show equity of €25k and a net result of €-30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 1937 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).

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Checked score

Score 2024

50 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability11▲+11

Solvency30▼-11

Growth52=

Track record100

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity ample (current ratio 1.57 against 1.2 in 2023; short-term debt: 58.9% and cash: 7.4% of total assets), but 95.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 71

Relative position

BE, all sectors

reference

Sector 71

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

4.9%

Return on assets

-5.9%

Age of the figures

21 mo

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

18192021222324

2018 to 2024 · latest year €-30k

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 1937 sector peers (2024).

NBB · sector comparison

Position among 1937 sector peers

Solvency

better than 12%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

55 d early

2023

35 d early

2022

35 d early

2021

44 d early

2020

39 d early

2019

39 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€25k▼ 54.5%

2023 · €55k

2018: €22k 2019: €23k 2020: €81k 2021: €96k 2022: €108k 2023: €55k

2018 → 2024

Total assets

€512k▲ 44.9%

2023 · €353k

2018: €334k 2019: €362k 2020: €393k 2021: €374k 2022: €376k 2023: €353k

2018 → 2024

Net result

€-30k▲ 42.5%

2023 · €-52k

2018: €-15k 2019: €1k 2020: €58k 2021: €14k 2022: €12k 2023: €-52k

2018 → 2024

Working capital

€173k▲ 209%

2023 · €56k

2018: €-9k 2019: €20k 2020: €80k 2021: €87k 2022: €100k 2023: €56k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€81k-€96k▲ 17.8%€108k▲ 12.4%€55k▼ 48.7%€25k▼ 54.5%

Operating result€63k-€18k▼ 71.0%€16k▼ 13.8%€-43k€-21k▲ 51.1%

Net result€58k-€14k▼ 75.2%€12k▼ 17.9%€-52k€-30k▲ 42.5%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €21k in 2024 against €43k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €512k

92.6%

Fixed assets €38k▲ 108%

Current assets €474k▲ 41.4%

Equity and liabilities €512k

95.1%

Equity €25k▼ 54.5%

Debt €487k▲ 63.3%

The debt ratio rises from 84.4% to 95.1%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-15k▲

2023 · €-37k

Cash flow

€-24k▲

2023 · €-46k

Solvency

4.9%▼

2023 · 15.6%

Current ratio

1.57▲

2023 · 1.20

Quick ratio

1.57▲

2023 · 1.20

Debt / equity

19.39▲

2023 · 5.40

ROE

-120.0%▼

2023 · -94.8%

ROA

-5.9%▲

2023 · -14.8%

Interest coverage

-1.66▲

2023 · -3.94

Debt

€487k▲

2023 · €298k

Debt ≤ 1 year

€302k▲

2023 · €279k

Income taxes

€2

Staff costs

€334k▼

2023 · €365k

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€353k€512k▲

Fixed assets21/28€18k€38k▲

Intangible fixed assets21€12k€29k▲

Tangible fixed assets22/27€721€513▼

Furniture and vehicles24€721€513▼

Financial fixed assets28€5k€8k▲

Current assets29/58€335k€474k▲

Amounts receivable within one year40/41€279k€424k▲

Trade receivables40€22k€50k▲

Other amounts receivable41€258k€374k▲

Cash at bank and in hand54/58€44k€38k▼

Deferred charges and accrued income490/1€12k€12k▲

Equity and liabilities

Total equity and liabilities10/49€353k€512k▲

Equity10/15€55k€25k▼

Profit (loss) carried forward14€55k€25k▼

Amounts payable17/49€298k€487k▲

Amounts payable within one year42/48€279k€302k▲

Financial debts43€152k€141k▼

Other loans439€152k€141k▼

Trade debts44€43k€67k▲

Suppliers440/4€43k€67k▲

Taxes, remuneration and social security45€44k€49k▲

Taxes450/3€3k€8k▲

Remuneration and social security454/9€41k€41k▼

Accrued charges and deferred income492/3€19k€185k▲

Income statement Code20232024

Remuneration, social security and pensions62€365k€334k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€189

Other operating charges640/8€1k€219▼

Gross operating margin9900€329k€319k▼

Operating profit (loss)9901€-43k€-21k▲

Financial income75/76B-€6

Recurring financial income75-€6

Financial charges65/66B€9k€9k▼

Recurring financial charges65€9k€9k▼

Profit (loss) for the period before taxes9903€-52k€-30k▲

Income taxes67/77-€2

Profit (loss) for the period9904€-52k€-30k▲

Profit (loss) for the period to be appropriated9905€-52k€-30k▲

Appropriation of the result

Profit (loss) to be appropriated9906€55k€25k▼

Profit (loss) brought forward from the previous period14P€108k€55k▼

Social balance

Average headcount (FTE)90875.14.6▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

06-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

26-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Weakest financial yearnet €-52k ▼540%

Net result drops to €-52k, the lowest in the series; recovery starts the following year.

26-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Equity above €100kEq €108k ▲12.4%

4 profitable years in a row build equity to €108k.

17-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

22-06

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

31-12

Financial Highest result since 2018net €58k ▲4198%

Operating result €63k, net result €58k, both a record.

22-06

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

31-12

Financial Back to profitnet €1k

Net result €1k after one loss-making year.

24-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

21-06

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

24-07

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

30-06

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

14 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, Antwerpen · 1 establishment unit since 2008

establishment The establishment unit on the map

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.

Turnhoutsebaan 139A2140 Antwerpen

Ground area

521 m²

Building footprint

81 m²

Volume, LiDAR

199 m³

Parcel 11312A0775/00M000, Flanders · tallest building 23.3 m. Linked by address, not a title deed.

1 establishment unit

PASSIEFHUIS - PLATFORM (Nederlands)

Turnhoutsebaan 139A, 2140 AntwerpenActivities of business and employers' organisations

since 20082.195.947.168

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11312A0775/00M000	Flanders	521 m²	1 · 81 m²	23.3 m

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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 6 entries · 677,237 EUR awarded · 468,594 EUR paid

Year	Entries	awarded	paid
2025	1	148,643 EUR	148,643 EUR
2024	2	248,643 EUR	183,689 EUR
2023	2	143,689 EUR	136,262 EUR
2022	1	136,262 EUR	0 EUR

Schemes

Subsidies voor omgevingsverenigingen

4 entries · 577,237 EUR · 292,332 EUR paid · DAB Fonds voor Preventie en Sanering inzake Leefmilieu en Natuur

Subsidies in het kader van de circulaire economie

1 entry · 100,000 EUR · 40,000 EUR paid · DAB Fonds voor Preventie en Sanering inzake Leefmilieu en Natuur

Subsidie voor tewerkstelling personeelsleden met gewezen DAC-statuut bij milieu- en natuurverenigingen

1 entry · 136,262 EUR paid · DAB Fonds voor Preventie en Sanering inzake Leefmilieu en Natuur

Recognitions · licences · registrations

Quality registration as a provider

1 live approval

Quality registration as a provider

Toegekend · valid until 2030-04-08

Similar companies · same sector, comparable size

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DENYS EDOUARD

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Of 11,554 companies in sector 71121 we hold annual accounts for 6,562. 4,265 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formNon-profit association

Founded07-10-2002

Fiscal year end31-12

Abbreviation NL P.H.P.

Activities, NACEBEL

71121Engineering and related technical consultancy, excluding land surveyors

74203

94110Activities of business and employers' organisations

Sources

Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.