ACTIVE

Passport Belgium

Financial year 2025 · Closed on 31/12/2025

Net result-6,5 M €+60,5 %over 1 year
Gross margin5,1 M €+8,0 %over 1 year
Equity-28,5 M €-29,8 %over 1 year

Identity

Source · BCE/KBO

Passport Belgium is a Public limited company incorporated in 2018. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0692.691.648
Incorporation
19/03/2018
Legal form
Public limited company
Registered office
Avenue Marnix 23
1000 Bruxelles · BruxellesSee on map
Contributed capital
10 061 500,00 €
Latest accounts
31/12/2025
Signals
Positive EBITDA

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin5,1 M €4,7 M €5,7 M €––
EBITDA2,6 M €-6,7 M €5,4 M €5,1 M €4,9 M €
Operating result-1,4 M €-10,5 M €1,2 M €1,1 M €909 k €
Net result-6,5 M €-16,6 M €-2 M €-2,2 M €-2,4 M €
Balance sheet
Equity-28,5 M €-22 M €-5,4 M €-3,4 M €-1,2 M €
Total assets92,4 M €94,6 M €111,5 M €114,7 M €118,7 M €
Cash1,5 M €734,4 k €1,9 M €1,8 M €1,6 M €
Debts119,1 M €116,6 M €116,9 M €118,1 M €119,9 M €
Other
Workforce–0,0 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 14 ended

Active mandates

CSC Financial Services (Belgium)

Administrateur · since 23 septembre 2025 · until 23 septembre 2031 · 0861.696.827

Represented by Christophe Tans

Active
Dimitri Boyer

Administrateur · since 28 février 2025 · until 28 février 2031

Active
CSC Global Solutions (BELGIUM)

Administrateur · since 03 avril 2023 · until 02 avril 2029 · 0435.177.929

Represented by Irène Florescu

Active

Ended mandates

Dimitri Boyer

Director · since 28 février 2025 · until 28 février 2031

Ended
CSC Global Solutions (BELGIUM)

Director · since 03 avril 2023 · until 02 avril 2029 · 0435.177.929

Represented by Irène FLORESCU

Ended
David James Wingrove

Director · since 03 avril 2023 · until 28 février 2025

Ended
David James Wingrove

Director · since 03 avril 2023 · until 02 avril 2029

Ended

Other companies at this address

Avenue Marnix 23 1000 Bruxelles
CompanyCBE no.
0557.954.787
0789.792.311
0425.773.976
1011.287.356
AGP Belgium● Active
0696.989.441
0474.417.201
1024.126.394
Andreas TopCo● Active
1016.625.029
1022.044.260
1038.339.270
0700.966.342
0890.423.970
B-ARENA● Active
0882.540.048
0898.307.694
BAYREUTH● Active
0475.231.209
BCEI Belgium● Active
0764.855.688
BELGIAN LION● Active
0808.394.535
1042.714.069
1042.615.089
1042.464.938

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/04/202606/05/202511/06/202411/05/202323/06/202202/06/2021
General meeting01/04/202601/04/202527/05/202403/04/202301/04/202201/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/04/202610/04/2026FrenchPDF
Abridged model31/12/202401/04/202506/05/2025FrenchPDF
Abridged model31/12/202327/05/202411/06/2024FrenchPDF
Full model31/12/202203/04/202311/05/2023FrenchPDF
Full model31/12/202101/04/202223/06/2022FrenchPDF
Full model31/12/202001/04/202102/06/2021FrenchPDF
Full model31/12/201901/04/202011/05/2020FrenchPDF
Full modelCorrection31/12/201828/05/201917/09/2019FrenchPDF
Full model31/12/201828/05/201923/07/2019FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 14 ended

Active mandates

CSC Financial Services (Belgium)

Administrateur · since 23 septembre 2025 · until 23 septembre 2031 · 0861.696.827

Represented by Christophe Tans

Active
Dimitri Boyer

Administrateur · since 28 février 2025 · until 28 février 2031

Active
CSC Global Solutions (BELGIUM)

Administrateur · since 03 avril 2023 · until 02 avril 2029 · 0435.177.929

Represented by Irène Florescu

Active

Ended mandates

Dimitri Boyer

Director · since 28 février 2025 · until 28 février 2031

Ended
CSC Global Solutions (BELGIUM)

Director · since 03 avril 2023 · until 02 avril 2029 · 0435.177.929

Represented by Irène FLORESCU

Ended
David James Wingrove

Director · since 03 avril 2023 · until 28 février 2025

Ended
David James Wingrove

Director · since 03 avril 2023 · until 02 avril 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares09/07/2026
    CAPITAL, ACTIONS
    PDF
  • Mandates15/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other07/08/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates30/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/06/2021
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 01/04/2026
    nominationIsabelle Compère — représentant permanent du commissaire
  2. 2025
    Annual accounts 2025-6,5 M €↑
  3. 23/09/2025
    nominationCSC Financial Services (Belgium) SRL/BV — administrateur de classe B
  4. 28/02/2025
    nominationDimitri BOYER — administrateur de classe B
  5. 2024
    Annual accounts 2024-16,6 M €↓
  6. 27/05/2024
    nominationDidier Matriche — commissaire
  7. 2023
    Annual accounts 2023-2 M €↑
  8. 03/04/2023
    reconductionDavid Wingrove — administrateur
  9. 03/04/2023
    reconductionMario Anthuenis — administrateur
  10. 03/04/2023
    reconductionIntertrust Belgium SA — administrateur
  11. 2022
    Annual accounts 2022-2,2 M €↑
  12. 2021
    Annual accounts 2021-2,4 M €↑
  13. 2020
    Annual accounts 2020-2,6 M €↑
  14. 2019
    Annual accounts 2019-2,9 M €↑
  15. 2018
    Annual accounts 2018-3,4 M €
  16. 19/03/2018
    IncorporationPublic limited company