by Watson
ActiveSummary
by Watson has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.26M and a net result of €631k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 2934 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
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Financials · fiscal year 2024, abbreviated schema
Filed annual accounts As filed with the NBB · 2024 against 2023 · 71 lines
The notes to these accounts (30 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €496 | €5k | €30k | €4k | ▼ 87.3% |
| Remuneration, social security and pensions62 | - | €2.17M | €2.34M | €2.52M | €2.60M | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €256k | €232k | €246k | €249k | €332k | ▲ 33.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | €-11k | €-13k | €6k | ▲ 148% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €7k | €-3k | €6k | €6k | = |
| Other operating charges640/8 | - | €25k | €36k | €36k | €20k | ▼ 45.1% |
| Non-recurring operating charges66A | - | - | €595 | €0 | €16k | ▲ 7,364,509% |
| Gross operating margin9900 | €3.45M | €3.30M | €3.37M | €4.03M | €3.91M | ▼ 3.0% |
| Operating profit (loss)9901 | €896k | €871k | €754k | €1.24M | €929k | ▼ 24.8% |
| Financial income75/76B | - | €3k | €134k | €52 | €6k | ▲ 11,345% |
| Recurring financial income75 | €259 | €876 | €134k | €52 | €6k | ▲ 11,345% |
| Non-recurring financial income76B | - | €2k | - | - | - | - |
| Financial charges65/66B | - | €35k | €40k | €68k | €65k | ▼ 4.0% |
| Recurring financial charges65 | €18k | €18k | €20k | €50k | €65k | ▲ 30.6% |
| Non-recurring financial charges66B | - | €17k | €19k | €18k | - | - |
| Profit (loss) for the period before taxes9903 | €869k | €839k | €849k | €1.17M | €870k | ▼ 25.5% |
| Income taxes67/77 | €160k | €159k | €231k | €140k | €239k | ▲ 70.4% |
| Profit (loss) for the period9904 | €709k | €680k | €618k | €1.03M | €631k | ▼ 38.6% |
| Profit (loss) for the period to be appropriated9905 | €709k | €680k | €618k | €1.03M | €631k | ▼ 38.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.71M | €3.69M | €3.02M | €4.33M | €4.10M | ▼ 5.4% |
| Fixed assets21/28 | €1.71M | €1.55M | €957k | €1.52M | €1.41M | ▼ 7.2% |
| Intangible fixed assets21 | €30k | €22k | €37k | €8k | €2k | ▼ 73.3% |
| Tangible fixed assets22/27 | €1.11M | €930k | €850k | €1.35M | €1.24M | ▼ 7.7% |
| Land and buildings22 | - | €764k | €632k | €501k | €369k | ▼ 26.3% |
| Plant, machinery and equipment23 | - | €16k | €59k | €133k | €122k | ▼ 8.0% |
| Furniture and vehicles24 | - | €151k | €153k | €614k | €664k | ▲ 8.1% |
| Other tangible fixed assets26 | - | - | €6k | €97k | €86k | ▼ 11.6% |
| Financial fixed assets28 | €571k | €596k | €70k | €164k | €164k | = |
| Current assets29/58 | €1.99M | €2.15M | €2.07M | €2.82M | €2.69M | ▼ 4.5% |
| Stocks and contracts in progress3 | €2k | €2k | €3k | €2k | €2k | ▲ 5.3% |
| Stocks30/36 | - | €2k | €3k | €2k | €2k | ▲ 5.3% |
| Amounts receivable within one year40/41 | €1.45M | €1.45M | €1.53M | €1.96M | €1.76M | ▼ 10.4% |
| Trade receivables40 | - | €998k | €1.04M | €1.13M | €1.18M | ▲ 5.1% |
| Other amounts receivable41 | - | €451k | €487k | €836k | €576k | ▼ 31.1% |
| Cash at bank and in hand54/58 | €433k | €577k | €214k | €546k | €300k | ▼ 45.1% |
| Deferred charges and accrued income490/1 | - | €118k | €321k | €305k | €629k | ▲ 106% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.71M | €3.69M | €3.02M | €4.33M | €4.10M | ▼ 5.4% |
| Equity10/15 | €884k | €1.26M | €857k | €632k | €1.26M | ▲ 100.0% |
| Contributions10/11 | €176k | €176k | €176k | €176k | €176k | = |
| Capital10 | - | €176k | €176k | €176k | €176k | = |
| Issued capital100 | - | €176k | €176k | €176k | €176k | = |
| Reserves13 | €708k | €1.09M | €681k | €455k | €1.09M | ▲ 139% |
| Non-distributable reserves130/1 | - | €18k | €18k | €18k | €18k | = |
| Legal reserve130 | - | €18k | €18k | €18k | €18k | = |
| Tax-exempt reserves132 | - | €450 | €450 | €450 | €450 | = |
| Distributable reserves133 | - | €1.07M | €663k | €437k | €1.07M | ▲ 144% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Provisions and deferred taxes16 | €46k | €52k | €50k | €55k | €61k | ▲ 10.0% |
| Provisions for liabilities and charges160/5 | - | €52k | €50k | €55k | €61k | ▲ 10.0% |
| Major repairs and maintenance162 | - | €52k | €50k | €55k | €61k | ▲ 10.0% |
| Amounts payable17/49 | €2.78M | €2.38M | €2.12M | €3.65M | €2.77M | ▼ 23.9% |
| Amounts payable after more than one year17 | €1.36M | €1.31M | €664k | €1.01M | €838k | ▼ 16.9% |
| Financial debts170/4 | - | €1.31M | €664k | €1.01M | €838k | ▼ 16.9% |
| Amounts payable within one year42/48 | €1.42M | €1.06M | €1.44M | €2.63M | €1.93M | ▼ 26.6% |
| Current portion of amounts payable after more than one year42 | - | €179k | €191k | €304k | €337k | ▲ 11.0% |
| Financial debts43 | - | €186k | €53k | €54k | €213k | ▲ 296% |
| Credit institutions430/8 | - | €186k | €53k | €54k | €213k | ▲ 296% |
| Trade debts44 | €52k | €110k | €153k | €186k | €191k | ▲ 2.4% |
| Suppliers440/4 | - | €110k | €153k | €186k | €191k | ▲ 2.4% |
| Taxes, remuneration and social security45 | - | €290k | €345k | €344k | €493k | ▲ 43.1% |
| Taxes450/3 | - | €48k | €105k | €52k | €79k | ▲ 49.7% |
| Remuneration and social security454/9 | - | €242k | €241k | €292k | €414k | ▲ 42.0% |
| Other amounts payable47/48 | - | €300k | €700k | €1.75M | €700k | ▼ 59.9% |
| Accrued charges and deferred income492/3 | - | €1k | €11k | €5k | €4k | ▼ 20.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €709k | €680k | €618k | €1.03M | €631k | ▼ 38.6% |
| + Depreciation and write-downs630 | €256k | €232k | €246k | €249k | €332k | ▲ 33.3% |
| Operating cash flow (approximation) | €965k | €912k | €863k | €1.28M | €963k | ▼ 24.5% |
| Investment in fixed assets (approximation) | - | €-64k | €345k | €-809k | €-223k | ▲ 72.5% |
| Change in cash | - | €144k | €-363k | €332k | €-246k | ▼ 174% |
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
05-11
State Gazette act
Resignation: ANSIPALO (director)Appointment: OROBOS (director) · Permanent representative: Anthony Zutterman · Mandate compensation5 facts ▸
- General meeting, 04-10-2025
- Director resignation, ANSIPALO (director)
- Director appointment, OROBOS (director)
- Permanent representative, Anthony Zutterman (permanent representative)
- Mandate compensation, Anthony Zutterman
28-03
State Gazette act
Resignation: JOHVER (director)2 facts ▸
- General meeting, 01-03-2025
- Director resignation, JOHVER (director)
17-11
State Gazette act
Appointment: ELKAMICE (director)Permanent representative: Katinka DE CLERCQ3 facts ▸
- General meeting, 31-10-2023
- Director appointment, ELKAMICE (director)
- Permanent representative, Katinka DE CLERCQ (permanent representative)
15-07
State Gazette act
Appointments: EMANUEL & CO (director) and CHAUDOVA (director)Permanent representatives: Simon Callens and Valérie Dendauw5 facts ▸
- General meeting, 01-07-2022
- Director appointment, EMANUEL & CO (director)
- Permanent representative, Simon Callens (permanent representative)
- Director appointment, CHAUDOVA (director)
- Permanent representative, Valérie Dendauw (permanent representative)
01-07
State Gazette act
Reappointments: RDR & C°, KALAUMA & C° and 4 othersPermanent representatives: Renaat DE RIJCKE, Benedict VERSTAEN and 4 others · Mandate compensation19 facts ▸
- General meeting, 27-05-2022
- Director reappointment, RDR & C° (director)
- Permanent representative, Renaat DE RIJCKE
- Director reappointment, KALAUMA & C° (director)
- Permanent representative, Benedict VERSTAEN
- Director reappointment, KDP & C° (director)
- Permanent representative, Koen DUPRIX
- Director reappointment, ANSIPALO (director)
- Permanent representative, Anthony ZUTTERMAN
- Director reappointment, JOHVER (director)
- Permanent representative, Johan VERSTRAETEN
- Director reappointment, KASI (director)
- +7 further facts in this act
08-03
State Gazette act
RestructuringMerger · Accounting effect · Dissolution6 facts ▸
- General meeting, 17-02-2022
- Merger, absorption, 01-01-2022
- Accounting effect, 01-01-2022
- Dissolution, 01-01-2022
- Power of attorney, DE KORTRIJKSE FIDUCIAIRE
- Merger proposal, 27-12-2021, 17-12-2021
06-01
State Gazette act
RestructuringMerger · Accounting effect · Balance sheet date4 facts ▸
- Board meeting, 17-12-2021
- Merger, geruisloze fusie door overneming
- Accounting effect, 01-01-2022
- Balance sheet date, 31-12-2021
Show earlier events
26-02
State Gazette act
Resignation: GL & C° (director)2 facts ▸
- General meeting, 02-01-2021
- Director resignation, GL & C° (director)
27-05
State Gazette act
Capital & shares · Statutes amendmentCapital4 facts ▸
- General meeting, 13-05-2020
- Capital, €176.100
- Statutes amendment
- Statutes amendment
20-01
State Gazette act
Appointment: KASI (director)Permanent representative: Brecht DAMMAN · Mandate compensation4 facts ▸
- General meeting, 19-12-2019
- Director appointment, KASI (director)
- Permanent representative, Brecht DAMMAN
- Mandate compensation, Brecht DAMMAN
10-05
State Gazette act
RestructuringApproval · Merger · Accounting effect6 facts ▸
- General meeting, 24-04-2019
- Approval, 27-02-2019
- Merger, absorption, 01-01-2019
- Accounting effect, 01-01-2019
- Dissolution, 24-04-2019
- Power of attorney, DE KORTRIJKSE FIDUCIAIRE
02-04
State Gazette act
RestructuringMerger · Accounting effect · Shareholding6 facts ▸
- Board meeting, 27-02-2019
- Merger, geruisloze fusie
- Accounting effect, 01-01-2019
- Shareholding, 100%
- Annual accounts, 31-12-2018
- Annual accounts, 31-12-2018
03-07
State Gazette act
Resignation: Johan VERSTRAETEN (director)Appointment: JOHVER (director) · Permanent representative: Johan VERSTRAETEN · Mandate compensation6 facts ▸
- General meeting, 28-03-2017
- Director resignation, Johan VERSTRAETEN (director)
- Director appointment, JOHVER (director)
- Permanent representative, Johan VERSTRAETEN
- Mandate compensation, Johan VERSTRAETEN
- Mandate term, tot na de jaarvergadering van 2022
25-01
State Gazette act
Resignation: BOUSSON Dirk (director)Statutes amendment3 facts ▸
- General meeting, 23-12-2016
- Statutes amendment
- Director resignation, BOUSSON Dirk (director)
28-06
State Gazette act
Reappointments: GL& C°, RDR & C° and 5 othersPermanent representatives: Geert LIETAR, Renaat DE RIJCKE and 3 others13 facts ▸
- General meeting, 27-02-2016
- Director reappointment, GL& C° (director)
- Permanent representative, Geert LIETAR
- Director reappointment, RDR & C° (director)
- Permanent representative, Renaat DE RIJCKE
- Director reappointment, KALAUMA & C° (director)
- Permanent representative, Benedict VERSTAEN
- Director reappointment, KDP & C° (director)
- Permanent representative, Koen DUPRIX
- Director reappointment, ANSIPALO (director)
- Permanent representative, Anthony ZUTTERMAN
- Director reappointment, Johan VERSTRAETEN (director)
- +1 further facts in this act
04-05
State Gazette act
Appointment: ANSIPALO (director)Permanent representative: Anthony ZUTTERMAN3 facts ▸
- General meeting, 31-12-2014
- Director appointment, ANSIPALO (director)
- Permanent representative, Anthony ZUTTERMAN (permanent representative)
25-02
State Gazette act
Registered officeRegistered-office move · Power of attorney3 facts ▸
- Board meeting, 15-12-2014
- Registered-office move, 8500 KORTRIJK, Beneluxpark 23
- Power of attorney, Sofie LANNAU
21-01
State Gazette act
Capital & sharesCapital · Statutes amendment3 facts ▸
- General meeting, 05-11-2014
- Capital, €176.100
- Statutes amendment
19-01
State Gazette act
Resignations: DBA & C° (director) and JOHAN VERSTRAETEN & Co (director)Permanent representatives: Dirk BOUSSON, Johan VERSTRAETEN and Renaat DE RIJCKE · Appointments: Dirk BOUSSON (director) and Johan VERSTRAETEN (director)8 facts ▸
- General meeting, 27-09-2014
- Director resignation, DBA & C° (director)
- Permanent representative, Dirk BOUSSON
- Director resignation, JOHAN VERSTRAETEN & Co (director)
- Permanent representative, Johan VERSTRAETEN
- Director appointment, Dirk BOUSSON (director)
- Director appointment, Johan VERSTRAETEN (director)
- Permanent representative, Renaat DE RIJCKE
04-10
State Gazette act
Resignations: Dirk BOUSSON, Geert LIETAR and 4 othersAppointments: GL & C°, JOHAN VERSTRAETEN EN CO and 4 others · Permanent representatives: Geert LIETAR, Johan VERSTRAETEN and 4 others · Mandate compensation25 facts ▸
- General meeting, 31-05-2011
- Director resignation, Dirk BOUSSON (director)
- Director resignation, Geert LIETAR (director)
- Director resignation, Johan VERSTRAETEN (director)
- Director resignation, Renaat DE RIJCKE (director)
- Director resignation, Benedict VERSTAEN (director)
- Director resignation, Koen DUPRIX (director)
- Director appointment, GL & C° (director)
- Permanent representative, Geert LIETAR
- Director appointment, JOHAN VERSTRAETEN EN CO (director)
- Permanent representative, Johan VERSTRAETEN
- Director appointment, DBA & C° (director)
- +13 further facts in this act
14-04
State Gazette act
RestructuringMerger · Accounting effect · Share cancellation7 facts ▸
- General meeting, 31-03-2010
- Merger
- Accounting effect, 01-01-2010
- Share cancellation, alle aandelen
- Dissolution, 31-03-2010
- Statutes amendment
- Power of attorney, Sofie Lannau
24-02
State Gazette act
RestructuringMerger1 fact ▸
- Merger
23-05
State Gazette act
Appointments: Benedict Verstaen (director) and Koen Duprix (director)3 facts ▸
- General meeting, 04-04-2005
- Director appointment, Benedict Verstaen (director)
- Director appointment, Koen Duprix (director)
29-03
State Gazette act
Capital & sharesCapital decrease · Capital4 facts ▸
- General meeting, 04-03-2005
- Capital decrease, €123.900
- Capital, €176.100
- Capital decrease
About the unread acts
Of the 25 Belgian State Gazette acts we know for this company, 24 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
3 other directors
Not every act has been read: a resignation may be missing here
3 establishment units
3 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354D0135/00D000 | Flanders | 3,265 m² | 1 · 357 m² | - |
| 34452B0827/03Y013 | Flanders | 1,035 m² | 1 · 411 m² | - |
| 37015A0811/00G003 | Flanders | 945 m² | 1 · 219 m² | 4.4 m · 1 fl. |
Linked by address, not proof of ownership
Articles of association
Full purpose
De vennootschap heeft tot voorwerp de burgerlijke werkzaamheden van accountant en van belastingconsulent uit te oefenen, zoals omschreven in de artikelen 34 en 38 van de wet van tweeëntwintig april negentienhonderd negenennegentig betreffende de boekhoudkundige en fiscale beroepen, evenals het uitoefenen van alle hiermee verenigbare activiteiten.
Structure & network
Connections & network
9 connected companiesShow 5 more companies with a shared director
Acquisitions and mergers
4 transactionsCapital and shareholders
- 27-05-2020 Capital stated in 2 acts · 176,100 EUR · 8,400 shares
- 29-03-2005 Capital reduction of 123,900 EUR · to 176,100 EUR · repaid to the shareholders
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 36,230 EUR awarded · 35,961 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 6,614 EUR | 6,614 EUR |
| 2024 | 2 | 8,766 EUR | 6,966 EUR |
| 2023 | 2 | 9,196 EUR | 10,727 EUR |
| 2022 | 2 | 11,654 EUR | 11,654 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
Scores and ratios are computed by Checked and are not a credit decision.