Equity
-€171,626
Debts exceed assets in financial year 2026.
PASSO
Lifetime
7 annual accounts with figures on one time axispeak €18,984 (2025)
€3,397▼ 82.1%
lowest -€80,535 (2023)
-€15,878▼ €15,694
peak -€3,777 (2021)
-€171,626▼ €15,878
€275,273▼ 4.7%
Board1 name since 2019
1 director
Documentsfilings and deeds
23-09-202623 days late
2026micro format
Gross margin from €18,984 to €3,397Loss of €15,878Cash from €20,870 to €8,350
Key points
from the 2026 annual accountsLosses
-€183,449 in five years
Every financial year from 2022 to 2026 closed with a loss. 2023 was the heaviest.
Turnover
≈ €36,000 estimated
The micro format states no turnover.
Debts
€275,273 266% of the balance sheet
Financial debts 29%Suppliers 4%Taxes and wages 6%Other 61%
Of this, €219,270 falls due within a year.
Filings
7 annual accounts 6 late
The 2023 accounts came latest: 105 days after the end of the period.
Position in the sector
-€171,626
Less equity than 95% of companies in retail trade. Sector median €63,795 · 910 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,018 companies had the same profile as PASSO has now. Each dot stands for 16 companies, two years later.
82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,018 companies, not a prediction for PASSO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0727586904
Publication in the Belgian Official Gazette
Gazette deed
Incorporation
Founder: (oprichter comparant) · 100 shares · Appointment: (director) · published on 31-05-2019 · Gazette deed
First establishment
Voetbalstraat 30, Nijlen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PASSO Nijlen | €103,647 | €3,397 | -165.6% | - |
| New Rome Two Ostend | €115,610 | €4,861 | 36.2% | - |
| Grace Turnhout | €68,764 | €3,900 | -21.5% | - |
| RESOBIL Schaerbeek | €74,760 | €7,672 | 69.1% | - |
| JULIMAX Mortsel | €261,917 | €2,053 | 6.3% | - |
| THE MCRT CIE Mons | €63,436 | €2,681 | 23.0% | - |
| SALAA Anderlecht | €47,694 | €2,755 | -14.0% | - |
These companies have the same main activity as PASSO: retail sale of footwear (NACE 47721). They are comparable in size and age: total assets between €47,700 and €262,000, founded between 2013 and 2021.
Official details
Source: KBO- Status
- Active since 28-05-2019Normal situation
- Activity
- Retail sale of footwearNACE 47721and 1 other
- Establishment unit
- 2.289.580.9712560 Nijlen, since 28-05-2019
- Financial year end
- 31 January
- Peppol
- Reachable since 21-10-2026
Insights on PASSO
PASSO files the micro format. That format states no turnover. The gross margin rose from -€12,055 in 2020 to €3,397 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PASSO
- What is the company number of PASSO?
- The company number of PASSO is 0727.586.904. The VAT number is the same number with BE in front: BE 0727.586.904.
- Where is PASSO based?
- The registered office is at Voetbalstraat 30, 2560 Nijlen.Company details
- What does PASSO do?
- According to the KBO register, the main activity is retail sale of footwear (NACE 47721).
- What is the legal form of PASSO?
- PASSO is a private limited company (BV).
- When was PASSO founded?
- PASSO was founded on 28-05-2019.
- Is PASSO still active?
- Yes, PASSO is an active enterprise in the KBO register.
- What is the turnover of PASSO?
- The turnover in financial year 2026 is ≈ €36,000. This figure is estimated from the gross margin of €3,397 and 138 comparable companies (NACE 477). It probably lies between €13,000 and €77,000. It is a rough estimate.Financials
- Is PASSO profitable?
- In financial year 2026, PASSO made a loss of €15,878.
- Where can I find the annual accounts of PASSO?
- PASSO filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of PASSO due?
- PASSO must file the annual accounts for financial year 2027 by 31-08-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.