MULTI- PASS
ActiveSummary
MULTI- PASS has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€21,516). Equity remains stable across the filed financial years (±1.8% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €394 in 2024 against €348 in 2023; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €348 | €348 | €348 | - | - | - |
| Gross operating margin9900 | -€53 | -€54 | -€297 | -€55 | - | - | -€394 | - | - |
| Operating profit (loss)9901 | -€400 | -€402 | -€644 | -€402 | -€348 | -€348 | -€394 | - | - |
| Financial charges65/66B | - | - | - | €140 | - | - | - | - | - |
| Recurring financial charges65 | €129 | €139 | €0 | €140 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€529 | -€541 | -€644 | -€543 | -€348 | -€348 | -€394 | - | - |
| Profit (loss) for the period9904 | -€529 | -€541 | -€644 | -€543 | -€348 | -€348 | -€394 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€529 | -€541 | -€644 | -€543 | -€348 | -€348 | -€394 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €395 | €256 | €256 | €115 | €115 | €115 | €115 | €115 | = |
| Current assets29/58 | €395 | €256 | €256 | €115 | €115 | €115 | €115 | €115 | = |
| Cash at bank and in hand54/58 | €395 | €256 | €256 | €115 | €115 | €115 | €115 | €115 | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €395 | €256 | €256 | €115 | €115 | €115 | €115 | €115 | = |
| Equity10/15 | -€19,047 | -€19,588 | -€20,232 | -€20,775 | -€21,123 | -€21,123 | -€21,516 | -€21,516 | = |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€37,647 | -€38,188 | -€38,832 | -€39,375 | -€39,723 | -€39,723 | -€40,116 | -€40,116 | = |
| Amounts payable17/49 | €19,442 | €19,844 | €20,488 | €20,890 | €21,238 | €21,238 | €21,631 | €21,631 | = |
| Amounts payable within one year42/48 | €19,442 | €19,844 | €20,488 | €20,890 | €21,238 | €21,238 | €21,631 | €21,631 | = |
| Trade debts44 | - | - | - | - | - | - | €394 | - | - |
| Suppliers440/4 | - | - | - | - | - | - | €394 | - | - |
| Other amounts payable47/48 | - | - | - | €20,890 | €21,238 | €21,238 | €21,238 | €21,631 | ▲ 1.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€529 | -€541 | -€644 | -€543 | -€348 | -€348 | -€394 | - | - |
| Operating cash flow (approximation) | -€529 | -€541 | -€644 | -€543 | -€348 | -€348 | -€394 | - | - |
| Change in cash | - | -€139 | -€0 | -€140 | €0 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 10-07-2026 | 2026-00276658 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00436510 |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00390951 |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00359706 |
| 31-12-2021 | micro format | 25-08-2022 | 2022-20315626 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-58000541 |
| 31-12-2019 | micro format | 27-08-2020 | 2020-46100295 |
| 31-12-2018 | micro format | 25-07-2019 | 2019-39100057 |
| 31-12-2017 | micro format | 13-07-2018 | 2018-33500058 |
| 31-12-2016 | micro format | 19-07-2017 | 2017-34000594 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.