PASS
0535.594.606 · rovalta.com · 22/09/2026
ACTIVE
PASS
Financial year 2025 · closed on 31/12/2025
Net result
21,8 k €
-11.8% YoY
Gross margin
41,9 k €
-10.3% YoY
Equity
82,9 k €
-10.4% YoY
Overview
What does PASS do?
PASS is a Private limited company incorporated in 2013. Its main activity is: Activities of holding companies. Its registered office is in Brugge.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0535.594.606
Incorporation
11/06/2013
Legal form
Private limited company
Registered office
Westmeers 81
8000 Brugge · FlandreSee on map
8000 Brugge · FlandreSee on map
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies45113Sale of cars and light motor vehicles45402Sale, maintenance and repair of motorcycles and related parts and accessories47632Retail sale of music and video recordings in specialised stores47639Retail sale of music and video recordings in specialised stores+6
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 12 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||
| Gross margin | 41,9 k € | -10.3% | 46,8 k € | +10.2% | 42,4 k € | -13.2% | 48,9 k € | +8.3% | 45,1 k € | +62.7% | 27,7 k € | +1928% | -1,5 k € | -233% | 1,1 k € | +107% | -16,6 k € | -346% | 6,7 k € | -73.4% | 25,4 k € | -61.4% | 65,8 k € |
| EBITDA | 41,1 k € | -10.8% | 46,1 k € | +10.3% | 41,8 k € | -13.7% | 48,4 k € | +8.4% | 44,7 k € | +64.8% | 27,1 k € | +1769% | -1,6 k € | -249% | 1,1 k € | +106% | -17,8 k € | -382% | 6,3 k € | -72.4% | 22,9 k € | -64.9% | 65,2 k € |
| Operating result | 30,1 k € | -19.6% | 37,4 k € | -2.0% | 38,2 k € | -20.5% | 48 k € | +7.6% | 44,7 k € | +64.7% | 27,1 k € | +1499% | -1,9 k € | -643% | 357,1 € | +102% | -22 k € | -1147% | 2,1 k € | -88.7% | 18,7 k € | -70.6% | 63,6 k € |
| Net result | 21,8 k € | -11.8% | 24,7 k € | -4.1% | 25,8 k € | -26.4% | 35,1 k € | +15.2% | 30,4 k € | +31.4% | 23,2 k € | +1744% | -1,4 k € | -1062% | 146,4 € | +101% | -25,4 k € | -7159% | 359,5 € | -96.3% | 9,7 k € | -77.2% | 42,6 k € |
| Balance sheet | |||||||||||||||||||||||
| Equity | 82,9 k € | -10.4% | 92,5 k € | +36.5% | 67,8 k € | +2.0% | 66,5 k € | +112% | 31,4 k € | +7.1% | 29,3 k € | +75.9% | 16,7 k € | -7.8% | 18,1 k € | +0.8% | 17,9 k € | -58.6% | 43,3 k € | +0.8% | 43 k € | -29.8% | 61,2 k € |
| Total assets | 103,4 k € | -6.3% | 110,4 k € | -0.5% | 111 k € | +29.4% | 85,8 k € | +86.2% | 46,1 k € | +16.4% | 39,6 k € | +94.1% | 20,4 k € | +5.4% | 19,3 k € | -38.6% | 31,5 k € | -49.2% | 61,9 k € | +5.9% | 58,5 k € | -12.7% | 67 k € |
| Cash | 24,6 k € | -28.6% | 34,5 k € | -53.6% | 74,3 k € | +58.9% | 46,8 k € | +54.1% | 30,3 k € | +74.8% | 17,4 k € | – | 553,8 € | +20.8% | 458,3 € | -98.6% | 32,4 k € | -1.9% | 33 k € | -38.1% | 53,3 k € | ||
| Debts | 20,4 k € | +14.5% | 17,9 k € | -58.7% | 43,2 k € | +124% | 19,3 k € | +31.7% | 14,6 k € | +43.0% | 10,2 k € | +176% | 3,7 k € | +196% | 1,3 k € | -90.7% | 13,5 k € | -26.8% | 18,5 k € | +18.9% | 15,5 k € | +169% | 5,8 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 4 ended
Active mandates
Piet Matthys
ActiveVeronique Steeman
ActiveEnded mandates
Piet Matthys
EndedVeronique Steeman
EndedPiet Matthys
EndedVeronique Steeman
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/08/2026 | 29/08/2025 | 29/08/2024 | 30/08/2023 | 31/08/2022 | 30/08/2021 |
| General meeting | 02/05/2026 | 03/05/2025 | 04/05/2024 | 06/05/2023 | 07/05/2022 | 03/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
12 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 02/05/2026 | 30/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 03/05/2025 | 29/08/2025 | Dutch | |
| Micro model | 31/12/2023 | 04/05/2024 | 29/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 06/05/2023 | 30/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 07/05/2022 | 31/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 03/05/2021 | 30/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 07/09/2020 | 30/10/2020 | Dutch | |
| Micro model | 31/12/2018 | 04/05/2019 | 07/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 05/05/2018 | 28/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 06/05/2017 | 24/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 07/05/2016 | 24/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 02/05/2015 | 19/08/2015 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 4 ended
Active mandates
Piet Matthys
ActiveVeronique Steeman
ActiveEnded mandates
Piet Matthys
EndedVeronique Steeman
EndedPiet Matthys
EndedVeronique Steeman
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202521,8 k €↓
- 2024Annual accounts 202424,7 k €↓
- 2023Annual accounts 202325,8 k €↓
- 2022Annual accounts 202235,1 k €↑
- 2021Annual accounts 202130,4 k €↑
- 2020Annual accounts 202023,2 k €↑
- 2019Annual accounts 2019-1,4 k €↓
- 2018Annual accounts 2018146,4 €↑
- 2017Annual accounts 2017-25,4 k €↓
- 2016Annual accounts 2016359,5 €↓
- 2015Annual accounts 20159,7 k €↓
- 2014Annual accounts 201442,6 k €
- 11/06/2013IncorporationPrivate limited company