Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
museumPASSmusées from Sint-Jans-Molenbeek, company number BE0688994859, closed financial year 2025 with a result of € 718,214 after tax. For that financial year museumPASSmusées recorded revenue of € 13.6 million and equity of € -192,587. Compared with financial year 2024, the result moved from € 427,126 to € 718,214. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ -192,587
▲ € 718,214 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 718,214
▲ 68% vs 2024
Profit after tax over the fiscal year.
€ 1.9 million
▲ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -292,587.
People and assets in 2025
2.9
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 290,911
▲ 31% vs 2024
€ 100,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 13,262
▼ 86% vs 2024
Loans from banks and other lenders, long and short.
€ 8.7 million
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 245 days on average.
€ 32,442
▲ 26% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 13,579,676 | |
| Gross margin | € 264,647 | € 2,366,820 | € 753,526 | - | |
| Profit after taxes | € -67,327 | € 2,035,079 | € 427,126 | € 718,214 | ▲ 68% |
| Equity | € -3,373,006 | € -1,337,927 | € -910,801 | € -192,587 | ▲ € 718,214 |
| Total debts | € 7,001,308 | € 6,640,512 | € 7,689,010 | € 8,814,927 | ▲ 15% |
| Cash | € 2,633,445 | € 1,359,979 | € 1,014,566 | € 1,869,832 | ▲ 84% |
| Retained profit | € -3,473,006 | € -1,437,927 | € -1,010,801 | € -292,587 | ▲ € 718,214 |
| Bank debt | € 261,593 | € 178,023 | € 93,406 | € 13,262 | ▼ 86% |
| Balance sheet total | € 3,628,301 | € 5,302,585 | € 6,778,209 | € 8,622,340 | ▲ 27% |
| Employees (FTE) | 2.1 | 2.5 | 2.5 | 2.9 | ▲ 0.4 |
Key figures of museumPASSmusées, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to museumPASSmusées?
What happened at museumPASSmusées in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 718,214 (▲ 68% vs 2024). Source: NBB ↗
- New establishment in Sint-Jans-Molenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,327 loss in 2022 to € 718,214 profit in 2025.
Paid € 79,792 in corporate taxes since 2022.
Best year ever: 2023, with € 2 million profit.
On average € 301,400 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind museumPASSmusées are Nadia Abbès, Valérie Morfitis, Hubert De Witte, Anthoni Tine, Alexandre Chevalier and Peter Bary. Valérie Morfitis is also behind International trade body of multiplatform TV and audio businesses and Morfitis & Co. Hubert De Witte is also behind Vlaamse Roeiliga.
Directors
According to the 2025 annual accounts
Nadia Abbès
Director
Valérie Morfitis
Voorzitter
Also active at: International trade body of multiplatform TV and audio businesses, Morfitis & Co
Anthoni Tine
Director
Alexandre Chevalier
Managing director
Peter Bary
Director
ICOM Belgique/Wallonie-Bruxelles VZW
Director · represented by Alexandre Chevalier
Julien Staszewski
Managing director
Daphné Bourgoing
Director
Director · represented by Julien Staszewski
Director · represented by Marc Frederix, Bart de Waele
Director · represented by Hubert De Witte
Willem Dedobbeleer
Director
Establishments
Establishment units
Physical locations of this company
Henegouwenkaai 41-43
1080 Sint-Jans-Molenbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0688.994.859
- VAT number
- BE 0688.994.859
- Registered office
- Henegouwenkaai 41-43, 1080 Sint-Jans-Molenbeek
- Names & denominations
- museumPASSmusées
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 29 January 2018
- Peppol
- Active · Active since 21 Oct 2025
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