PASSIONATE COOKING
ActiveSummary
The computed 12-month bankruptcy probability of PASSIONATE COOKING is 1.7% (moderate). The 2025 annual accounts show equity of €7k and a net result of €8k. Equity is shrinking by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 41% of 13305 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+38
Solvency45▲+23
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20%
Return on assets
22.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-07-2025, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 d early
2024
52 d early
2023
26 d early
2022
49 d early
2021
31 d early
2020
44 d early
2019
49 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k
2024 · €-826
2019: €7k
2020: €11k
2021: €11k
2022: €9k
2023: €2k
2024: €-826
2019 → 2025
Total assets
€34k▲ 7.4%
2024 · €32k
2019: €68k
2020: €61k
2021: €50k
2022: €41k
2023: €32k
2024: €32k
2019 → 2025
Net result
€8k
2024 · €-2k
2019: €2k
2020: €4k
2021: €271
2022: €-3k
2023: €-7k
2024: €-2k
2019 → 2025
Working capital
€-8k▲ 56.3%
2024 · €-19k
2019: €-31k
2020: €-23k
2021: €-18k
2022: €-21k
2023: €-22k
2024: €-19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€9k▼ 23.6%€2k▼ 82.0%€-826€7k
Operating result€545-€-2k€-7k▼ 182%€-2k▲ 67.1%€8k
Net result€271-€-3k€-7k▼ 166%€-2k▲ 66.3%€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €8k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€15k ▼ 17.5%
Current assets
€19k ▲ 42.3%
Equity and liabilities €34k
Equity
€7k
Debt
€27k
Debt finances 80.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€11k▲
2024 · €2k
Cash flow
€11k▲
2024 · €2k
Current ratio
0.69▲
2024 · 0.41
Debt to equity
3.99
ROE
112.0%
ROA
22.5%▲
2024 · -7.4%
Interest coverage
82.71▲
2024 · 22.08
Debt ≤ 1 year
€27k▼
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€32k€34k▲
Fixed assets21/28€19k€15k▼
Tangible fixed assets22/27€19k€15k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€14k€12k▼
Current assets29/58€13k€19k▲
Amounts receivable within one year40/41€7k€840▼
Trade receivables40€7k€840▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€5k€18k▲
Deferred charges and accrued income490/1€1k€409▼
Equity and liabilities
Total equity and liabilities10/49€32k€34k▲
Equity10/15€-826€7k▲
Contributions10/11€6k€6k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€-7k€667▲
Amounts payable17/49€33k€27k▼
Amounts payable within one year42/48€33k€27k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€361€190▼
Taxes450/3€361€190▼
Other amounts payable47/48€30k€26k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€869€867▼
Non-recurring operating charges66A€0-
Gross operating margin9900€3k€12k▲
Operating profit (loss)9901€-2k€8k▲
Financial income75/76B€0€76▲
Recurring financial income75€0€76▲
Financial charges65/66B€100€133▲
Recurring financial charges65€100€133▲
Profit (loss) for the period before taxes9903€-2k€8k▲
Profit (loss) for the period9904€-2k€8k▲
Profit (loss) for the period to be appropriated9905€-2k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€667▲
Profit (loss) brought forward from the previous period14P€-5k€-7k▼
Transfer from equity791/2€648€0▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
12-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-09
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, Hemiksem · 1 establishment unit since 2013
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.
St. Bernardse steenweg 752620 HemiksemGround area
297 m²
Building footprint
157 m²
Volume, LiDAR
997 m³
Parcel 11018B0149/00C008, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PASSIONATE COOKING
since 20132.216.237.786
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11018B0149/00C008 | Flanders | 297 m² | 1 · 157 m² | 10.7 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 15,997 EUR awarded · 15,997 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 8,758 EUR | 8,758 EUR |
| 2024 | 1 | 7,239 EUR | 7,239 EUR |
Schemes
Individueel Maatwerk
Recognitions · licences · registrations
Food safety, FASFC
1 siteHemiksem2.216.237.786
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BE 0733.647.523
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Thirst 2.0 - The Culinary Shop
BE 0778.990.964
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DMAS
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Ans · Eq €6,811
Of 7,504 companies in sector 56210 we hold annual accounts for 2,444. 1,290 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2012
Fiscal year end31-03
Activities, NACEBEL 2025
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.