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Passus

Active
Private limited companyfounded 201511 yrs activeBosvijverstraat 1, 3511 Hasselt, BelgiumKBO/BCE: BE 0634.734.247

Passus has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88k and a net result of €5k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 72% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
94 / 100
Excellent▲ +24 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▲+29
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 6.26 against 4.14 in 2023), and 24.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Two signals. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
45 d early
2023
16 d early
2022
20 d early
2021
2 d early
2020
36 d early
2019
28 d early
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€88k▲ 6.1%
2023 · €83k
2018: €40k 2019: €47k 2020: €60k 2021: €67k 2022: €84k 2023: €83k
2018 → 2024
Total assets
€117k▼ 8.4%
2023 · €127k
2018: €98k 2019: €103k 2020: €94k 2021: €96k 2022: €136k 2023: €127k
2018 → 2024
Net result
€5k
2023 · €-866
2018: €12k 2019: €7k 2020: €13k 2021: €7k 2022: €17k 2023: €-866
2018 → 2024
Working capital
€74k▲ 9.8%
2023 · €68k
2018: €29k 2019: €42k 2020: €58k 2021: €64k 2022: €68k 2023: €68k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€60k-€67k▲ 12.3%€84k▲ 24.4%€83k▼ 1.0%€88k▲ 6.1%
Operating result€19k-€12k▼ 35.5%€24k▲ 90.6%€2k▼ 92.0%€8k▲ 334%
Net result€13k-€7k▼ 44.8%€17k▲ 138%€-866€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2020: €19k€19kNet result 2020: €13k€13kOperating result 2021: €12k€12kNet result 2021: €7k€7kOperating result 2022: €24k€24kNet result 2022: €17k€17kOperating result 2023: €2k€2kNet result 2023: €-866€-866Operating result 2024: €8k€8kNet result 2024: €5k€5k20202021202220232024
The operating result recovers in 2024; 2024 is 334% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €117k
Fixed assets €28k▼ 26.1%
Current assets €88k▼ 0.9%
Equity and liabilities €117k
Equity €88k▲ 6.1%
Debt €29k▼ 35.5%
The debt ratio falls from 34.9% to 24.6%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€21k
2023 · €13k
Cash flow
€18k
2023 · €10k
Solvency
75.4%
2023 · 65.1%
Current ratio
6.26
2023 · 4.14
Quick ratio
6.26
2023 · 4.14
Debt / equity
0.33
2023 · 0.54
ROE
5.7%
2023 · -1.0%
ROA
4.3%
2023 · -0.7%
Interest coverage
17.63
2023 · 7.57
Debt
€29k
2023 · €44k
Debt ≤ 1 year
€14k
2023 · €22k
Debt > 1 year
€15k
2023 · €23k
Income taxes
€2k
2023 · €1k
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€127k€117k
Fixed assets21/28€38k€28k
Tangible fixed assets22/27€38k€28k
Plant, machinery and equipment23€2k€1k
Furniture and vehicles24€4k€3k
Leasing and similar rights25€30k€22k
Other tangible fixed assets26€2k€1k
Current assets29/58€89k€88k
Amounts receivable within one year40/41€36k€27k
Trade receivables40€35k€24k
Other amounts receivable41€462€3k
Cash at bank and in hand54/58€51k€60k
Deferred charges and accrued income490/1€3k€2k
Equity and liabilities
Total equity and liabilities10/49€127k€117k
Equity10/15€83k€88k
Contributions10/11€6k€6k=
Reserves13€77k€82k
Distributable reserves133€77k€82k
Amounts payable17/49€44k€29k
Amounts payable after more than one year17€23k€15k
Financial debts170/4€23k€15k
Amounts payable within one year42/48€22k€14k
Current portion of amounts payable after more than one year42€8k€8k
Financial debts43€2k-
Credit institutions430/8€2k-
Trade debts44€7k€2k
Suppliers440/4€7k€2k
Taxes, remuneration and social security45€5k€3k
Taxes450/3€5k€3k
Other amounts payable47/48€367€408
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€13k
Other operating charges640/8€2k€1k
Gross operating margin9900€15k€22k
Operating profit (loss)9901€2k€8k
Financial income75/76B€4€0
Recurring financial income75€4€0
Financial charges65/66B€2k€1k
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€173€7k
Income taxes67/77€1k€2k
Profit (loss) for the period9904€-866€5k
Profit (loss) for the period to be appropriated9905€-866€5k
Appropriation of the result
Profit (loss) to be appropriated9906€-866€5k
Transfer from equity791/2€866-
Transfer to equity691/2-€5k
To other reserves6921-€5k

The notes to these accounts (8 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

2025
16-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-866 ▼105%
Net result drops to €-866, the lowest in the series; recovery starts the following year.
11-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €17k ▲138%
Operating result €24k, net result €17k, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
03-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Hasselt · 1 establishment unit since 2015
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.

Bosvijverstraat 13511 Hasselt
Ground area
934 m²
Building footprint
176 m²
Volume, LiDAR
912 m³
Parcel 71032B0625/00R000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BsideS
Bosvijverstraat 1, 3511 HasseltRetail trade
since 20152.244.088.565
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71032B0625/00R000 Flanders 934 m² 1 · 176 m² 8.1 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 13,391 companies in sector 73300 we hold annual accounts for 6,881. 5,606 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-07-2015
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
73200Market research and public opinion polling
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.