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HIGHPASS

Inactive
KBO/BCE: BE 0549.805.205

Inactive; last annual accounts for fiscal year 2024.

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 08-08-2024 was due by 08-03-2025 and was filed on 07-01-2025, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2024
60 d early
2023
30 d late
2022
31 d late
2021
20 d early
2020
17 d early
2019
22 d early
2018
27 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 12 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€285▲ 86.6%
2023 · -€2,134
Working capital
-€4,484▼ 6.8%
2023 · -€4,199
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€2,948▼ 89.6%-€7▲ 99.8%-€1,936▼ 27,951%-€2,079▼ 7.4%-€278▲ 86.6%
Net result-€2,980▼ 86.6%-€59▲ 98.0%-€1,973▼ 3,228%-€2,134▼ 8.2%-€285▲ 86.6%
Equity-€32-€92▼ 183%-€2,065▼ 2,152%-€4,199▼ 103%-€4,484▼ 6.8%
Total assets€15,124▼ 6.8%€15,114▼ 0.1%€14,118▼ 6.6%€13,890▼ 1.6%€13,645▼ 1.8%
Debt€15,157▲ 14.2%€15,206▲ 0.3%€16,182▲ 6.4%€18,088▲ 11.8%€18,129▲ 0.2%
Working capital-€32-€92▼ 183%-€2,065▼ 2,152%-€4,199▼ 103%-€4,484▼ 6.8%
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2020: -€2,948-€2,948Net result 2020: -€2,980-€2,980Operating result 2021: -€7-€7Net result 2021: -€59-€59Operating result 2022: -€1,936-€1,936Net result 2022: -€1,973-€1,973Operating result 2023: -€2,079-€2,079Net result 2023: -€2,134-€2,134Operating result 2024: -€278-€278Net result 2024: -€285-€28520202021202220232024-€3,000-€2,000-€1,000€0Operating result 2022: -€1,936-€1,940Net result 2022: -€1,973-€1,970Operating result 2023: -€2,079-€2,080Net result 2023: -€2,134-€2,130Operating result 2024: -€278-€278Net result 2024: -€285-€285202220232024
The operating result stays negative: a loss of €278 in 2024 against €2,079 in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Solvency
-32.9%▼
2023 · -30.2%
Current ratio
0.75▼
2023 · 0.77
Quick ratio
0.02▼
2023 · 0.04
Debt to equity
-4.04▲
2023 · -4.31
ROA
-2.1%▲
2023 · -15.4%
Debt ≤ 1 year
€18,129▲
2023 · €18,088
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 26 lines
Balance sheet Code20232024
Assets
Total assets20/58€13,890€13,645▼
Current assets29/58€13,890€13,645▼
Stocks and contracts in progress3€13,232€13,232=
Stocks30/36€13,232€13,232=
Amounts receivable within one year40/41€231€413▲
Other amounts receivable41€231€413▲
Cash at bank and in hand54/58€427€0▼
Equity and liabilities
Total equity and liabilities10/49€13,890€13,645▼
Equity10/15-€4,199-€4,484▼
Contributions10/11€12,400€12,400=
Profit (loss) carried forward14-€16,599-€16,884▼
Amounts payable17/49€18,088€18,129▲
Amounts payable within one year42/48€18,088€18,129▲
Trade debts44€714€2,365▲
Suppliers440/4€714€2,365▲
Other amounts payable47/48€17,375€15,765▼
Income statement Code20232024
Other operating charges640/8€384€0▼
Gross operating margin9900-€1,694-€278▲
Operating profit (loss)9901-€2,079-€278▲
Financial charges65/66B€55€7▼
Recurring financial charges65€55€7▼
Profit (loss) for the period before taxes9903-€2,134-€285▲
Profit (loss) for the period9904-€2,134-€285▲
Profit (loss) for the period to be appropriated9905-€2,134-€285▲
Appropriation of the result
Profit (loss) to be appropriated9906-€16,599-€16,884▼
Profit (loss) brought forward from the previous period14P-€14,465-€16,599▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€648€348€384€0▼ 100%
Gross operating margin9900-€2,600€641-€1,588-€1,694-€278▲ 83.6%
Operating profit (loss)9901-€2,948-€7-€1,936-€2,079-€278▲ 86.6%
Financial charges65/66B-€52€38€55€7▼ 86.6%
Recurring financial charges65€32€52€38€55€7▼ 86.6%
Profit (loss) for the period before taxes9903-€2,980-€59-€1,973-€2,134-€285▲ 86.6%
Profit (loss) for the period9904-€2,980-€59-€1,973-€2,134-€285▲ 86.6%
Profit (loss) for the period to be appropriated9905-€2,980-€59-€1,973-€2,134-€285▲ 86.6%
Line20202021202220232024Change
Assets
Total assets20/58€15,124€15,114€14,118€13,890€13,645▼ 1.8%
Current assets29/58€15,124€15,114€14,118€13,890€13,645▼ 1.8%
Stocks and contracts in progress3€14,468€13,794€13,794€13,232€13,232=
Stocks30/36-€13,794€13,794€13,232€13,232=
Amounts receivable within one year40/41€540€338€323€231€413▲ 78.9%
Other amounts receivable41-€338€323€231€413▲ 78.9%
Cash at bank and in hand54/58€117€982€1€427€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€15,124€15,114€14,118€13,890€13,645▼ 1.8%
Equity10/15-€32-€92-€2,065-€4,199-€4,484▼ 6.8%
Contributions10/11-€12,400€12,400€12,400€12,400=
Profit (loss) carried forward14-€12,432-€12,492-€14,465-€16,599-€16,884▼ 1.7%
Amounts payable17/49€15,157€15,206€16,182€18,088€18,129▲ 0.2%
Amounts payable within one year42/48€15,157€15,206€16,182€18,088€18,129▲ 0.2%
Trade debts44€2,202€421€798€714€2,365▲ 231%
Suppliers440/4-€421€798€714€2,365▲ 231%
Other amounts payable47/48-€14,785€15,385€17,375€15,765▼ 9.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€2,980-€59-€1,973-€2,134-€285▲ 86.6%
Operating cash flow (approximation)-€2,980-€59-€1,973-€2,134-€285▲ 86.6%
Change in cash-€865-€981€426-€427▼ 200%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
07-01
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€2,980
Net result drops to -€2,980, the lowest in the series.
09-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. THE SOUND SOURCE 100%
  2. HIGHPASS

Highest known parent: THE SOUND SOURCE. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 08-08-2024 list no holdings, and no other source names one.

According to the annual accounts to 08-08-2024 of HIGHPASS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.