Summary
8822 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €220,909 and a net result of €32,702. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 8094 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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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 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
41 d early
2024
on the day
2023
29 d late
2022
26 d early
2021
43 d early
2020
21 d early
2019
148 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 4 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€220,909▼ 65.4%
2024 · €638,207
Net result
€32,702▼ 70.8%
2024 · €112,035
Total assets
€680,097▲ 1.7%
2024 · €668,549
Solvency
32.5%▼ 63.0pp
2024 · 95.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€476,685▼ 5.8%€455,638▼ 4.4%€100,000▼ 78.1%€255,005▲ 155%€67,568▼ 73.5%
Operating result€225,410▼ 5.7%€184,675▼ 18.1%-€19,057€134,677€34,830▼ 74.1%
Net result€173,163above the sector's middle half▲ 1.6%€148,105above the sector's middle half▼ 14.5%-€11,327below the sector's middle half€112,035above the sector's middle half€32,702within the sector's middle half▼ 70.8%
Equity€389,394within the sector's middle half▲ 80.1%€537,499above the sector's middle half▲ 38.0%€526,172above the sector's middle half▼ 2.1%€638,207above the sector's middle half▲ 21.3%€220,909within the sector's middle half▼ 65.4%
Total assets€418,888within the sector's middle half▲ 37.8%€550,683within the sector's middle half▲ 31.5%€531,601within the sector's middle half▼ 3.5%€668,549within the sector's middle half▲ 25.8%€680,097within the sector's middle half▲ 1.7%
Debt€29,494▼ 66.4%€13,184▼ 55.3%€5,429▼ 58.8%€30,343▲ 459%€459,188▲ 1,413%
Working capital€367,982above the sector's middle half▲ 94.5%€529,565above the sector's middle half▲ 43.9%€514,411above the sector's middle half▼ 2.9%€572,637above the sector's middle half▲ 11.3%€187,559above the sector's middle half▼ 67.2%
Solvency93.0%above the sector's middle half▲ 21.9pp97.6%above the sector's middle half▲ 4.6pp99.0%above the sector's middle half▲ 1.4pp95.5%above the sector's middle half▼ 3.5pp32.5%within the sector's middle half▼ 63.0pp
Current ratio13.48above the sector's middle half▲ 10.2841.17above the sector's middle half▲ 27.6995.76above the sector's middle half▲ 54.5919.87above the sector's middle half▼ 75.891.41within the sector's middle half▼ 18.46
Return on assets (ROA)41.3%above the sector's middle half▼ 14.7pp26.9%above the sector's middle half▼ 14.4pp-2.1%below the sector's middle half▼ 29.0pp16.8%within the sector's middle half▲ 18.9pp4.8%within the sector's middle half▼ 11.9pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 74% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €680,097
Fixed assets
€33,350 ▼ 49.1%
Current assets
€646,747 ▲ 7.3%
Equity and liabilities €680,097
Equity
€220,909 ▼ 65.4%
Debt
€459,188 ▲ 1,413%
Debt's share of the balance-sheet total rises from 4.5% to 67.5%. Equity is lower and debt is higher.
Key figures and ratios
ROE
14.8%▼
2024 · 17.6%
Debt ≤ 1 year
€459,188▲
2024 · €30,343
Income taxes
€11,892▼
2024 · €31,838
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €476,685 | €455,638 | €100,000 | €255,005 | €67,568 | ▼ 73.5% |
| Non-recurring operating income76A | - | €0 | €0 | €0 | €16,290 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €269,537 | €126,831 | €125,249 | €57,817 | ▼ 53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,536 | €16,246 | €2,759 | €6,654 | €8,012 | ▲ 20.4% |
| Other operating charges640/8 | - | €1,183 | €1,063 | €1,624 | €1,140 | ▼ 29.8% |
| Non-recurring operating charges66A | - | - | - | - | €8,111 | - |
| Gross operating margin9900 | €241,009 | €202,104 | -€15,235 | €142,954 | €52,093 | ▼ 63.6% |
| Operating profit (loss)9901 | €225,410 | €184,675 | -€19,057 | €134,677 | €34,830 | ▼ 74.1% |
| Financial income75/76B | - | €11,640 | €4,652 | €9,471 | €10,284 | ▲ 8.6% |
| Recurring financial income75 | €1,772 | €11,640 | €4,652 | €9,471 | €10,284 | ▲ 8.6% |
| Financial charges65/66B | - | €3,463 | -€3,305 | €275 | €519 | ▲ 89.0% |
| Recurring financial charges65 | €252 | €3,463 | -€3,305 | €275 | €519 | ▲ 89.0% |
| Profit (loss) for the period before taxes9903 | €226,930 | €192,852 | -€11,100 | €143,873 | €44,595 | ▼ 69.0% |
| Income taxes67/77 | €53,767 | €44,747 | €227 | €31,838 | €11,892 | ▼ 62.6% |
| Profit (loss) for the period9904 | €173,163 | €148,105 | -€11,327 | €112,035 | €32,702 | ▼ 70.8% |
| Profit (loss) for the period to be appropriated9905 | €173,163 | €148,105 | -€11,327 | €112,035 | €32,702 | ▼ 70.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €418,888 | €550,683 | €531,601 | €668,549 | €680,097 | ▲ 1.7% |
| Fixed assets21/28 | €21,412 | €7,934 | €11,761 | €65,570 | €33,350 | ▼ 49.1% |
| Tangible fixed assets22/27 | €21,412 | €7,934 | €11,761 | €65,570 | €33,350 | ▼ 49.1% |
| Plant, machinery and equipment23 | - | - | €5,784 | €4,467 | €3,150 | ▼ 29.5% |
| Furniture and vehicles24 | - | €2,323 | €1,769 | €58,299 | €28,800 | ▼ 50.6% |
| Other tangible fixed assets26 | - | €5,612 | €4,208 | €2,804 | €1,400 | ▼ 50.1% |
| Current assets29/58 | €397,476 | €542,748 | €519,840 | €602,980 | €646,747 | ▲ 7.3% |
| Amounts receivable within one year40/41 | €38,968 | €38,214 | €0 | €39,600 | €746 | ▼ 98.1% |
| Trade receivables40 | - | €37,527 | €0 | €38,726 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €687 | €0 | €874 | €746 | ▼ 14.6% |
| Current investments50/53 | €140,815 | €183,018 | €403,661 | €365,317 | €491,804 | ▲ 34.6% |
| Cash at bank and in hand54/58 | €215,460 | €319,037 | €113,570 | €193,745 | €153,665 | ▼ 20.7% |
| Deferred charges and accrued income490/1 | - | €2,480 | €2,609 | €4,318 | €531 | ▼ 87.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €418,888 | €550,683 | €531,601 | €668,549 | €680,097 | ▲ 1.7% |
| Equity10/15 | €389,394 | €537,499 | €526,172 | €638,207 | €220,909 | ▼ 65.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €370,794 | €518,899 | €518,899 | €619,607 | €169,607 | ▼ 72.6% |
| Non-distributable reserves130/1 | - | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €0 | - | - | - |
| Other1319 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €517,039 | €518,899 | €619,607 | €169,607 | ▼ 72.6% |
| Profit (loss) carried forward14 | - | - | -€11,327 | €0 | €32,702 | - |
| Amounts payable17/49 | €29,494 | €13,184 | €5,429 | €30,343 | €459,188 | ▲ 1,413% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €29,494 | €13,184 | €5,429 | €30,343 | €459,188 | ▲ 1,413% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - | - |
| Financial debts43 | - | €19 | €249 | €31 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €19 | €249 | €31 | €0 | ▼ 100% |
| Trade debts44 | €13,665 | €4,078 | €1,209 | €1,580 | €106 | ▼ 93.3% |
| Suppliers440/4 | - | €4,078 | €1,209 | €1,580 | €106 | ▼ 93.3% |
| Taxes, remuneration and social security45 | - | €8,053 | €1,915 | €25,433 | €9,561 | ▼ 62.4% |
| Taxes450/3 | - | €8,053 | €1,915 | €25,433 | €9,561 | ▼ 62.4% |
| Remuneration and social security454/9 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €1,034 | €2,055 | €3,298 | €449,521 | ▲ 13,531% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €173,163 | €148,105 | -€11,327 | €112,035 | €32,702 | ▼ 70.8% |
| + Depreciation and write-downs630 | €14,536 | €16,246 | €2,759 | €6,654 | €8,012 | ▲ 20.4% |
| Operating cash flow (approximation) | €187,699 | €164,351 | -€8,568 | €118,689 | €40,715 | ▼ 65.7% |
| Investment in fixed assets (approximation) | - | -€2,769 | -€6,585 | -€60,463 | €24,207 | ▲ 140% |
| Change in cash | - | €103,577 | -€205,468 | €80,175 | -€40,080 | ▼ 150% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €112,035
Net result €112,035 after one loss-making year.
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-09
Financial
Weakest financial yearnet -€11,327
Net result drops to -€11,327, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 95.76
Current ratio from 41.17 to 95.76; short-term debt falls from €13,184 to €5,429.
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity triplescurrent ratio 41.17
Current ratio from 13.48 to 41.17; short-term debt falls from €29,494 to €13,184.
30-09
Financial
Equity above €500,000Eq €537,499 ▲38%
5 profitable years in a row build equity to €537,499.
18-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €173,163 ▲1.6%
Net result €173,163, the highest in the series.
30-09
Financial
Liquidity quadruplescurrent ratio 13.48
Current ratio from 3.20 to 13.48; short-term debt falls from €86,009 to €29,494.
Show earlier events
09-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Katelijne-Waver · 1 establishment unit since 2016
Ground area
1.5 ha
Building footprint
304 m²
Parcel 12035A0033/00L000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
8822
since 20162.250.361.693
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035A0033/00L000 | Flanders | 1.5 ha | 1 · 304 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500UDTL6711PJSH85
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,557 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-01-2016
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
42110Construction of roads and motorways
43120Site preparation
43350Other building finishing work
70200Business and other management consultancy
71113Urban planning and landscape architecture
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0646762643
Also
9925:BE0646762643
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.