ACTIVE

PASSMAN BENELUX

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Financial year 2025 · Closed on 31/12/2025

Net result1,2 M €+94,7 %over 1 year
Gross margin3,9 M €+28,0 %over 1 year
Equity3,7 M €+21,2 %over 1 year
Workforce15,0 ETP+4,2 %over 1 year

Identity

Source · BCE/KBO

PASSMAN BENELUX is a Public limited company incorporated in 2004. Its registered office is in La Hulpe. It employs on average 15,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0866.028.272
Incorporation
29/06/2004
Legal form
Public limited company
Registered office
Avenue Reine Astrid 92
1310 La Hulpe · WallonieSee on map
Contributed capital
887 250,00 €
Latest accounts
31/12/2025
Average workforce
15,0 ETP
Joint committees (4)
  • 100
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 22 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin3,9 M €3,1 M €3,2 M €2,4 M €3,8 M €
EBITDA2,6 M €1,9 M €929,6 k €981,7 k €2,2 M €
Operating result1,3 M €734,9 k €283,5 k €477,1 k €1,6 M €
Net result1,2 M €636,8 k €84,9 k €316,9 k €1,5 M €
Balance sheet
Equity3,7 M €3,1 M €2,4 M €3,9 M €3,5 M €
Total assets10,1 M €8,9 M €7,6 M €9,4 M €9,8 M €
Cash1,8 M €1,3 M €643,8 k €150,7 k €424,3 k €
Debts4,8 M €4,8 M €4,4 M €4,8 M €5,8 M €
Other
Workforce15,0 ETP14,4 ETP16,6 ETP16,5 ETP13,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 25 ended

Active mandates

Passman Connect

Director · since 20 juin 2024

Represented by Antonio DI NATALE

Active

Ended mandates

Babaorum

Chairman of the board of directors · since 31 mai 2019 · until 31 mai 2025 · 0842.137.469

Represented by Nicolas Spiette

Ended
TAKTIK SA

Managing director · since 31 mai 2019 · until 30 mai 2025

Represented by Antonio DI NATALE

Ended
Babaorum

Chairman of the board of directors · since 27 mai 2016 · until 25 mai 2022 · 0842.137.469

Represented by SPIETTE Nicolas

Ended
Babaorum

Chairman of the board of directors · since 27 mai 2016 · until 30 mai 2025 · 0842.137.469

Represented by SPIETTE Nicolas

Ended

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Avenue Reine Astrid 92 1310 La Hulpe
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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date16/07/202618/08/202504/07/202416/06/202330/08/202230/08/2021
General meeting15/07/202614/08/202531/05/202426/05/202330/06/202230/06/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/07/202616/07/2026FrenchPDF
Abridged model31/12/202414/08/202518/08/2025FrenchPDF
Abridged model31/12/202331/05/202404/07/2024FrenchPDF
Abridged model31/12/202226/05/202316/06/2023FrenchPDF
Abridged model31/12/202130/06/202230/08/2022FrenchPDF
Abridged model31/12/202030/06/202130/08/2021FrenchPDF
Abridged model31/12/201909/10/202023/10/2020FrenchPDF
Abridged model31/12/201803/09/201905/09/2019FrenchPDF
Abridged modelCorrection31/12/201725/05/201807/01/2019FrenchPDF
Abridged model31/12/201725/05/201831/07/2018FrenchPDF
Abridged modelCorrection31/12/201626/05/201706/07/2018FrenchPDF
Abridged model31/12/201626/05/201719/07/2017FrenchPDF
Abridged model31/12/201527/05/201617/06/2016FrenchPDF
Abridged model31/12/201429/06/201505/08/2015FrenchPDF
Abridged model31/12/201320/06/201404/08/2014FrenchPDF
Abridged model31/12/201230/04/201301/08/2013FrenchPDF
Abridged model31/12/201130/06/201212/09/2012FrenchPDF
Abridged model31/12/201027/05/201116/08/2011FrenchPDF
Abridged model31/12/200911/06/201024/08/2010FrenchPDF
Abridged model31/12/200829/05/200929/07/2009FrenchPDF
Abridged model31/12/200730/05/200815/07/2008FrenchPDF
Abridged model31/12/200625/05/200722/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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

1 active · 25 ended

Active mandates

Passman Connect

Director · since 20 juin 2024

Represented by Antonio DI NATALE

Active

Ended mandates

Babaorum

Chairman of the board of directors · since 31 mai 2019 · until 31 mai 2025 · 0842.137.469

Represented by Nicolas Spiette

Ended
TAKTIK SA

Managing director · since 31 mai 2019 · until 30 mai 2025

Represented by Antonio DI NATALE

Ended
Babaorum

Chairman of the board of directors · since 27 mai 2016 · until 25 mai 2022 · 0842.137.469

Represented by SPIETTE Nicolas

Ended
Babaorum

Chairman of the board of directors · since 27 mai 2016 · until 30 mai 2025 · 0842.137.469

Represented by SPIETTE Nicolas

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other02/07/2026
    —
    PDF
  • Mandates28/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring09/04/2026
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring14/02/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Mandates22/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/02/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/08/2019
    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. 2025
    Annual accounts 20251,2 M €↑
  2. 2025
    Name changePassman Benelux
  3. 2024
    Annual accounts 2024636,8 k €↑
  4. 2023
    Annual accounts 202384,9 k €↓
  5. 2022
    Annual accounts 2022316,9 k €↓
  6. 2021
    Annual accounts 20211,5 M €↑
  7. 2021
    Name changeTaktik
  8. 2018
    Annual accounts 2018229 k €↓
  9. 2017
    Annual accounts 2017772,4 k €↑
  10. 2016
    Annual accounts 2016279,9 k €↑
  11. 2015
    Annual accounts 20155,6 k €↑
  12. 2014
    Annual accounts 2014-14,3 k €↓
  13. 2012
    Annual accounts 201213,8 k €↑
  14. 2011
    Annual accounts 2011-2,7 k €↓
  15. 2010
    Annual accounts 2010-2,5 k €↓
  16. 2009
    Annual accounts 2009-1,2 k €↓
  17. 2008
    Annual accounts 2008-217 €↓
  18. 2007
    Annual accounts 200710,8 k €↑
  19. 2006
    Annual accounts 20067,2 k €
  20. 29/06/2004
    IncorporationPublic limited company