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PASSION

Dissolution or liquidation
Private limited company (pre-2019)founded 1975Visserijstraat 33, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0415.416.851
Summary

The KBO register records for PASSION the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (-€64,606).

PASSIONDissolution or liquidation

Signals

1 signal.
+raises risk
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
Checked, nothing found (1)
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

PASSION was incorporated on 8 October 1975.1 Total assets fell from EUR 63,078 in 2018 to EUR 13,250 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Financials · fiscal year 2024, micro schema

Equity
-€64,606=
2023 · -€64,606
Total assets
€13,250=
2023 · €13,250
Net result
-€5,750▼ 38.1%
2022 · -€4,163
Working capital
-€58,856▼ 7.6%
2021 · -€54,693
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
Line20202021202220232024
Operating result-€405▲ 30.8%-€350▲ 13.5%-€5,750
Net result-€2,816▲ 11.0%-€2,693▲ 4.4%-€4,163▼ 54.6%-€5,750▼ 38.1%
Equity-€199,226▼ 1.4%-€54,693▲ 72.5%-€58,856▼ 7.6%-€64,606▼ 9.8%-€64,606=
Total assets€4,151▼ 67.9%€307▼ 92.6%€19,000▲ 6,086%€13,250▼ 30.3%€13,250=
Debt€203,377▼ 2.9%€55,000▼ 73.0%€77,856▲ 41.6%€77,856=€77,856=
Working capital-€30,849▼ 104%-€54,693▼ 77.3%-€58,856▼ 7.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2020: -€405-€405Net result 2020: -€2,816-€2,816Operating result 2021: -€350-€350Net result 2021: -€2,693-€2,693Net result 2022: -€4,163-€4,163Operating result 2023: -€5,750-€5,750Net result 2023: -€5,750-€5,75020202021202220232024-€6,000-€4,000-€2,000€0Net result 2022: -€4,163-€4,160Operating result 2023: -€5,750-€5,750Net result 2023: -€5,750-€5,750202220232024
The operating result is -€5,750 in 2023, compared with -€350 in 2021. Comparable figures for the intervening years are unavailable.
Key figures and ratios
2024 value · change against 2023
Solvency
-487.6%=
2023 · -487.6%
Debt to equity
-1.21=
2023 · -1.21
Debt > 1 year
€77,856=
2023 · €77,856
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 · 2024 against 2023 · 17 lines
Balance sheet Code20232024
Assets
Total assets20/58€13,250€13,250=
Current assets29/58€13,250€13,250=
Amounts receivable within one year40/41€13,250€13,250=
Other amounts receivable41€13,250€13,250=
Equity and liabilities
Total equity and liabilities10/49€13,250€13,250=
Equity10/15-€64,606-€64,606=
Profit (loss) carried forward14-€64,606-€64,606=
Amounts payable17/49€77,856€77,856=
Amounts payable after more than one year17€77,856€77,856=
Financial debts170/4€77,856€77,856=
Income statement Code20232024
Gross operating margin9900-€5,750-
Operating profit (loss)9901-€5,750-
Profit (loss) for the period before taxes9903-€5,750-
Profit (loss) for the period9904-€5,750-
Profit (loss) for the period to be appropriated9905-€5,750-
Appropriation of the result
Profit (loss) to be appropriated9906-€64,606-€64,606=
Profit (loss) brought forward from the previous period14P-€58,856-€64,606▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Gross operating margin9900-€405-€350--€5,750--
Operating profit (loss)9901-€405-€350--€5,750--
Financial charges65/66B-€2,343€4,163---
Recurring financial charges65€2,412€2,343€4,163---
Profit (loss) for the period before taxes9903-€2,816-€2,693-€4,163-€5,750--
Profit (loss) for the period9904-€2,816-€2,693-€4,163-€5,750--
Profit (loss) for the period to be appropriated9905-€2,816-€2,693-€4,163-€5,750--
Line20202021202220232024Change
Assets
Total assets20/58€4,151€307€19,000€13,250€13,250=
Current assets29/58€4,151€307€19,000€13,250€13,250=
Amounts receivable within one year40/41--€19,000€13,250€13,250=
Other amounts receivable41--€19,000€13,250€13,250=
Cash at bank and in hand54/58€4,151€307----
Equity and liabilities
Total equity and liabilities10/49€4,151€307€19,000€13,250€13,250=
Equity10/15-€199,226-€54,693-€58,856-€64,606-€64,606=
Contributions10/11€92,960-----
Reserves13€26,649-----
Profit (loss) carried forward14-€318,835-€54,693-€58,856-€64,606-€64,606=
Amounts payable17/49€203,377€55,000€77,856€77,856€77,856=
Amounts payable after more than one year17€168,377--€77,856€77,856=
Financial debts170/4---€77,856€77,856=
Amounts payable within one year42/48€35,000€55,000€77,856---
Financial debts43-€55,000€77,856---
Credit institutions430/8-€55,000€77,856---
Line20202021202220232024Change
Profit (loss) for the period9904-€2,816-€2,693-€4,163-€5,750--
Operating cash flow (approximation)-€2,816-€2,693-€4,163-€5,750--
Change in cash--€3,844----

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

2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
2024
24-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
30-09
Financial Weakest financial yearnet -€5,750
Net result drops to -€5,750, the lowest in the series.
22-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
06-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 6 days late
2021
31-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
15-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
02-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
09-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 9 days late
2016
29-04
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Watermaal-Bosvoorde · 1 establishment unit since 1975
seat establishment The establishment unit on the map
Ground area
421 m²
Building footprint
196 m²
Volume, LiDAR
1,314 m³
Parcel 21017D0195/00W004, Brussels · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GEMBERLING
Visserijstraat 33, 1170 Watermaal-BosvoordeInland freight water transport
since 19752.011.529.283
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21017D0195/00W004 Brussels 421 m² 1 · 196 m² 13.7 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded08-10-1975
Fiscal year end30-09
Abbreviation FR G.C.
Contact
E-mail passion@passion.be
Phone 02/660.46.06
Fax 02/660.91.85
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.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.