Financials
- Financial year
- 2025
- Total assets
- €48,656
- Profit
- €7,480
- Solvency
- 18.4%
Total assets▼ 56.0%
Net result
20202025
Passionate about Packaging
ActiveSummary
The computed 12-month bankruptcy probability of Passionate about Packaging is 2.1% (moderate). The 2025 annual accounts show equity of €8,930 and a net result of €7,480. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 13,639 sector peers (NACE 46, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Agents in non-specialised wholesale trade
NACE 46190
1 site
Size
€48,656total assets 2025
- Staff
- 0.4 FTE
- Equity
- €8,930
- Profit
- €7,480
Turnover not published (micro format)
Structure
2025 accounts filed 28 days late1 of 3 deeds summarised
Why 54raises risk1 change of registered office in 24 monthsFounded in 2020Liquidity: current ratio 0.80, cash €183, halvedlowers riskFigures for financial year 2025 (filed 02-09-2026)Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 59% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Average
Solvency
43+17
equity 18.4% of total assets
Liquidity
25+2
short-term debt 50.7% · cash 0.4%
Profitability
88-2
return on assets 15.4%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.3%
12-2024: 2.3%● unchanged vs 11-2024
01-2025: 2.3%● unchanged vs 12-2024
02-2025: 3.0%▲ +0.7 percentage points vs 01-2025
03-2025: 3.0%● unchanged vs 02-2025
04-2025: 3.3%▲ +0.3 percentage points vs 03-2025
05-2025: 3.7%▲ +0.4 percentage points vs 04-2025
06-2025: 3.9%▲ +0.2 percentage points vs 05-2025
07-2025: 3.9%● unchanged vs 06-2025highest value
08-2025: 1.7%▼ -2.2 percentage points vs 07-2025
09-2025: 1.7%● unchanged vs 08-2025
10-2025: 1.7%● unchanged vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.6%▼ -0.1 percentage points vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.5%▼ -0.1 percentage points vs 03-2026lowest value
05-2026: 1.8%▲ +0.3 percentage points vs 04-2026
06-2026: 1.7%▼ -0.1 percentage points vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 2.7%▲ +1.0 percentage point vs 07-2026
09-2026: 2.1%▼ -0.6 percentage points vs 08-2026
10-2026: 2.1%● unchanged vs 09-2026
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 30% on solvency, 23% on liquidity, 83% on profitability and 99% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 6 filingsDeviation from the deadline
2025
28 days late
2024
14 days early
2023
30 days late
2022
3 days early
2021
31 days late
2020
76 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move
Key points
By topic
Timeline
- Events
- 10
- Since
- 2021
- Next accounts
- by 31-07-2027
- 30-08-2024Annual accounts filed
- 28-07-2023Annual accounts filed
- 31-12-2022Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Founded
- 23-01-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about Passionate about Packaging
- What is the company number of Passionate about Packaging?
- 0741.909.844. In Belgium the VAT number is the company number with BE in front: BE 0741.909.844.
- Where is Passionate about Packaging based?
- The registered office is at Molendreef 25, 9300 Aalst.Company details
- What does Passionate about Packaging do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of Passionate about Packaging?
- Private limited company (BV).
- When was Passionate about Packaging founded?
- On 23-01-2020.
- Is Passionate about Packaging still active?
- Yes, Passionate about Packaging is an active enterprise in the KBO register.
- How many employees does Passionate about Packaging have?
- On average 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Passionate about Packaging?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is Passionate about Packaging profitable?
- In financial year 2025, Passionate about Packaging made a profit of €7,480.
- Where can I find the annual accounts of Passionate about Packaging?
- Passionate about Packaging filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Passionate about Packaging due?
- By 31-07-2027, for financial year 2026.Timeline
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