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Passimmo

Active
Private limited companyfounded 20197 yrs activeMechelsesteenweg 9, 2840 Rumst, BelgiumKBO/BCE: BE 0728.685.279
Summary

The computed 12-month bankruptcy probability of Passimmo is 1.8% (moderate). The 2025 annual accounts show equity of €1.4m and a net result of €120,422. Equity is growing by ~48% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability48▼-52
Solvency72▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.02 in 2024; short-term debt: 45.6% and cash: 0.3% of total assets), and 52.7% 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 · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
47.3%
Return on assets
4.2%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
19 d late
2024
38 d early
2023
36 d early
2022
13 d early
2021
24 d late
2020
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 13 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 18 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 20 June 2019, Passimmo was incorporated as a Private limited company.1 Total assets went from EUR 2.8 million in 2020 to EUR 2.9 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1.4m▲ 9.8%
2024 · €1.2m
Total assets
€2.9m=
2024 · €2.9m
Net result
€120,422▼ 86.4%
2024 · €882,764
Working capital
-€1.3m▼ 1.0%
2024 · -€1.3m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,293▲ 50.2%-€3,217▼ 40.3%-€3,935▼ 22.3%-€3,567▲ 9.4%-€4,288▼ 20.2%
Net result-€27,907▲ 35.4%€135,940-€15,212€882,764€120,422▼ 86.4%
Equity€228,903▼ 10.9%€364,843▲ 59.4%€349,631▼ 4.2%€1.2m▲ 252%€1.4m▲ 9.8%
Total assets€2.8m▲ 0.2%€2.8m=€2.8m▲ 0.1%€2.9m▲ 0.3%€2.9m=
Debt€2.6m▲ 1.3%€2.5m▼ 5.2%€2.5m▲ 0.7%€1.6m▼ 34.9%€1.5m▼ 7.4%
Working capital-€1.5m▼ 11.6%-€1.5m▲ 0.5%-€2.0m▼ 37.7%-€1.3m▲ 37.1%-€1.3m▼ 1.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€250,000€0€250,000€500,000€750,000€1.0mOperating result 2021: -€2,293-€2,293Net result 2021: -€27,907-€27,907Operating result 2022: -€3,217-€3,217Net result 2022: €135,940€135,940Operating result 2023: -€3,935-€3,935Net result 2023: -€15,212-€15,212Operating result 2024: -€3,567-€3,567Net result 2024: €882,764€882,764Operating result 2025: -€4,288-€4,288Net result 2025: €120,422€120,42220212022202320242025-€250,000€0€250,000€500,000€750,000€1mOperating result 2023: -€3,935-€3,930Net result 2023: -€15,212-€15,200Operating result 2024: -€3,567-€3,570Net result 2024: €882,764€883,000Operating result 2025: -€4,288-€4,290Net result 2025: €120,422€120,000202320242025
The operating result stays negative: a loss of €4,288 in 2025 against €3,567 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.9m
Fixed assets €2.8m =
Current assets €20,461 ▲ 0.4%
Equity and liabilities €2.9m
Equity €1.4m ▲ 9.8%
Debt €1.5m ▼ 7.4%
Debt's share of the balance-sheet total falls from 56.9% to 52.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.02▼
2024 · 0.02
Debt to equity
1.11▼
2024 · 1.32
ROE
8.9%▼
2024 · 71.6%
ROA
4.2%▼
2024 · 30.9%
Debt ≤ 1 year
€1.3m▲
2024 · €1.3m
Debt > 1 year
€201,416▼
2024 · €334,520
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.9m€2.9m=
Fixed assets21/28€2.8m€2.8m=
Financial fixed assets28€2.8m€2.8m=
Current assets29/58€20,384€20,461▲
Amounts receivable within one year40/41€11,000€11,000=
Other amounts receivable41€11,000€11,000=
Cash at bank and in hand54/58€9,384€9,461▲
Equity and liabilities
Total equity and liabilities10/49€2.9m€2.9m=
Equity10/15€1.2m€1.4m▲
Contributions10/11€300,000€300,000=
Profit (loss) carried forward14€932,395€1.1m▲
Amounts payable17/49€1.6m€1.5m▼
Amounts payable after more than one year17€334,520€201,416▼
Financial debts170/4€334,520€201,416▼
Amounts payable within one year42/48€1.3m€1.3m▲
Current portion of amounts payable after more than one year42€131,139€133,104▲
Trade debts44€992€1,191▲
Suppliers440/4€992€1,191▲
Other amounts payable47/48€1.2m€1.2m▲
Income statement Code20242025
Other operating charges640/8€193€270▲
Gross operating margin9900-€3,374-€4,018▼
Operating profit (loss)9901-€3,567-€4,288▼
Financial income75/76B€895,754€132,263▼
Recurring financial income75€895,754€132,263▼
Financial charges65/66B€9,423€7,553▼
Recurring financial charges65€9,423€7,553▼
Profit (loss) for the period before taxes9903€882,764€120,422▼
Profit (loss) for the period9904€882,764€120,422▼
Profit (loss) for the period to be appropriated9905€882,764€120,422▼
Appropriation of the result
Profit (loss) to be appropriated9906€932,395€1.1m▲
Profit (loss) brought forward from the previous period14P€49,631€932,395▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€176€177€184€193€270▲ 39.9%
Gross operating margin9900-€2,117-€3,040-€3,751-€3,374-€4,018▼ 19.1%
Operating profit (loss)9901-€2,293-€3,217-€3,935-€3,567-€4,288▼ 20.2%
Financial income75/76B-€166,000€0€895,754€132,263▼ 85.2%
Recurring financial income75-€166,000€0€895,754€132,263▼ 85.2%
Financial charges65/66B€25,613€26,843€11,277€9,423€7,553▼ 19.8%
Recurring financial charges65€25,613€26,843€11,277€9,423€7,553▼ 19.8%
Profit (loss) for the period before taxes9903-€27,907€135,940-€15,212€882,764€120,422▼ 86.4%
Profit (loss) for the period9904-€27,907€135,940-€15,212€882,764€120,422▼ 86.4%
Profit (loss) for the period to be appropriated9905-€27,907€135,940-€15,212€882,764€120,422▼ 86.4%
Line20212022202320242025Change
Assets
Total assets20/58€2.8m€2.8m€2.8m€2.9m€2.9m=
Fixed assets21/28€2.8m€2.8m€2.8m€2.8m€2.8m=
Financial fixed assets28€2.8m€2.8m€2.8m€2.8m€2.8m=
Current assets29/58€9,295€9,006€10,751€20,384€20,461▲ 0.4%
Amounts receivable within one year40/41--€1,000€11,000€11,000=
Other amounts receivable41--€1,000€11,000€11,000=
Cash at bank and in hand54/58€9,295€9,006€9,751€9,384€9,461▲ 0.8%
Equity and liabilities
Total equity and liabilities10/49€2.8m€2.8m€2.8m€2.9m€2.9m=
Equity10/15€228,903€364,843€349,631€1.2m€1.4m▲ 9.8%
Contributions10/11€300,000€300,000€300,000€300,000€300,000=
Profit (loss) carried forward14-€71,097€64,843€49,631€932,395€1.1m▲ 12.9%
Amounts payable17/49€2.6m€2.5m€2.5m€1.6m€1.5m▼ 7.4%
Amounts payable after more than one year17€1.1m€1.0m€465,659€334,520€201,416▼ 39.8%
Financial debts170/4€1.1m€1.0m€465,659€334,520€201,416▼ 39.8%
Amounts payable within one year42/48€1.5m€1.5m€2.0m€1.3m€1.3m▲ 1.0%
Current portion of amounts payable after more than one year42€125,462€127,318€129,210€131,139€133,104▲ 1.5%
Financial debts43€730,000€0----
Credit institutions430/8€730,000€0----
Trade debts44-€25€1,301€992€1,191▲ 20.1%
Suppliers440/4-€25€1,301€992€1,191▲ 20.1%
Other amounts payable47/48€630,493€1.4m€1.9m€1.2m€1.2m▲ 0.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€27,907€135,940-€15,212€882,764€120,422▼ 86.4%
Operating cash flow (approximation)-€27,907€135,940-€15,212€882,764€120,422▼ 86.4%
Investment in fixed assets (approximation)--€800€0€0€0-
Change in cash--€289€745-€367€77▲ 121%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €882,764
Net result €882,764 after one loss-making year.
31-12
Financial Equity above €1mEq €1.2m ▲252%
Equity rises from €349,631 to €1.2m.
25-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €135,940
Net result €135,940 after 2 loss-making years.
24-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Rumst · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
206 m²
Volume, LiDAR
635 m³
Parcel 11037A0183/00H000, Flanders · tallest building 11.1 m, ±1 floor. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
Mechelsesteenweg 9, 2840 Rumst
Holdings
since 20192.290.911.455
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11037A0183/00H000 Flanders 1.1 ha 1 · 206 m² 11.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 2

According to the 2025 annual accounts of Passimmo and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded20-06-2019
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

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