ENTITYONE
InactiveOverview
- Staff
- 8 FTE
- Equity
- €70,041
- Profit
- €46,709
- Parent
- MAKE IT FLY · 100%
- Balata BVDirector · permanent representative Anton Luyten
- The Craftsmen BVManaging director · permanent representative Mathieu Cardinael
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
This company filed its last 7 accounts on average 68 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Resignations: The Craftsmen BV (director) and…Appointments: The Craftsmen BV (director)…
- RestructuringPermanent representatives: CARDINAEL Mathieu, LUYTEN…
- Annual accounts filedfinancial year 2025 · abbreviated…
Financials · financial year 2025, abbreviated format
Source amounts without an identifiable currency are assumed to be EUR.
2022 to 2025, 5 financial years 2018 to 2025, 9 financial years
Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.
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.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €0 | - | - | - | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €539,953 | €631,692 | €328,819 | €523,961 | €261,745 | €493,441 | ▲ 88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,709 | €4,648 | €28,576 | €31,851 | €25,962 | €14,262 | €28,635 | €13,026 | €6,148 | ▼ 52.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €6,948 | -€6,948 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,097 | €8,095 | €539 | €2,150 | €1,553 | €3,990 | ▲ 157% |
| Non-recurring operating charges66A | - | - | - | - | €4,742 | €0 | - | - | - | - |
| Gross operating margin9900 | €533,314 | €561,615 | €593,646 | €623,357 | €681,437 | €227,127 | €755,371 | €206,937 | €550,254 | ▲ 166% |
| Operating profit (loss)9901 | €89,950 | -€21,673 | €21,389 | €43,508 | €17,894 | -€116,492 | €200,625 | -€69,386 | €46,674 | - |
| Financial income75/76B | - | - | - | €5,424 | €1,046 | €227 | €4 | €0 | €3,617 | - |
| Recurring financial income75 | €405 | €2,690 | €1,077 | €5,424 | €1,046 | €227 | €4 | €0 | €3,617 | - |
| Financial charges65/66B | - | - | - | €7,492 | €9,424 | €1,380 | €2,453 | €1,663 | €2,593 | ▲ 55.9% |
| Recurring financial charges65 | €11,472 | €6,428 | €9,632 | €7,492 | €9,424 | €1,380 | €2,453 | €1,663 | €2,593 | ▲ 55.9% |
| Profit (loss) for the period before taxes9903 | €78,883 | -€25,411 | €12,834 | €41,440 | €9,516 | -€117,645 | €198,177 | -€71,050 | €47,699 | - |
| Income taxes67/77 | €26,362 | €7,929 | -€1,924 | €6,755 | €6,781 | €201 | €26,045 | €176 | €990 | ▲ 461% |
| Profit (loss) for the period9904 | €52,521 | -€33,340 | €14,758 | €34,685 | €2,736 | -€117,846 | €172,133 | -€71,226 | €46,709 | - |
| Profit (loss) for the period to be appropriated9905 | €52,521 | -€33,340 | €14,758 | €34,685 | €2,736 | -€117,846 | €172,133 | -€71,226 | €46,709 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €579,603 | €445,959 | €486,235 | €459,686 | €469,054 | €343,354 | €434,927 | €329,328 | €370,433 | ▲ 12.5% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €6,268 | €118,018 | €127,114 | €95,264 | €58,422 | €45,282 | €21,348 | €17,265 | €15,607 | ▼ 9.6% |
| Intangible fixed assets21 | €0 | €103,328 | €82,651 | €61,974 | €41,297 | €31,044 | €10,367 | €0 | - | - |
| Tangible fixed assets22/27 | €6,268 | €11,690 | €41,463 | €30,289 | €11,425 | €11,538 | €8,281 | €13,965 | €12,307 | ▼ 11.9% |
| Plant, machinery and equipment23 | - | - | - | €0 | - | €2,392 | €2,684 | €2,345 | €1,154 | ▼ 50.8% |
| Furniture and vehicles24 | - | - | - | €30,289 | €11,425 | €9,147 | €5,597 | €11,620 | €11,153 | ▼ 4.0% |
| Financial fixed assets28 | €0 | €3,000 | €3,000 | €3,000 | €5,700 | €2,700 | €2,700 | €3,300 | €3,300 | = |
| Current assets29/58 | €573,335 | €327,941 | €359,120 | €364,423 | €410,632 | €298,072 | €413,579 | €312,063 | €354,826 | ▲ 13.7% |
| Stocks and contracts in progress3 | €0 | - | - | - | €39,065 | €9,275 | €35,657 | €5,991 | €7,894 | ▲ 31.8% |
| Contracts in progress37 | - | - | - | - | €39,065 | €9,275 | €35,657 | €5,991 | €7,894 | ▲ 31.8% |
| Amounts receivable within one year40/41 | €250,349 | €220,795 | €157,324 | €118,472 | €217,804 | €221,530 | €309,002 | €254,374 | €276,184 | ▲ 8.6% |
| Trade receivables40 | - | - | - | €100,227 | €206,584 | €208,715 | €259,002 | €184,551 | €155,674 | ▼ 15.6% |
| Other amounts receivable41 | - | - | - | €18,245 | €11,219 | €12,815 | €50,000 | €69,824 | €120,510 | ▲ 72.6% |
| Current investments50/53 | €0 | - | - | - | - | €250 | €250 | €250 | €250 | = |
| Cash at bank and in hand54/58 | €314,455 | €104,048 | €195,699 | €241,793 | €146,972 | €53,569 | €55,736 | €40,552 | €46,276 | ▲ 14.1% |
| Deferred charges and accrued income490/1 | - | - | - | €4,158 | €6,791 | €13,447 | €12,934 | €10,896 | €24,222 | ▲ 122% |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €579,603 | €445,959 | €486,235 | €459,686 | €469,054 | €343,354 | €434,927 | €329,328 | €370,433 | ▲ 12.5% |
| Equity10/15 | €121,431 | €88,092 | €102,850 | €107,535 | €90,271 | -€27,575 | €94,557 | €23,331 | €70,041 | ▲ 200% |
| Contributions10/11 | €63,775 | €63,775 | - | €63,775 | €63,775 | €63,775 | €63,775 | €63,775 | €63,775 | = |
| Reserves13 | €57,656 | €24,317 | €39,075 | €43,760 | €26,496 | €0 | €30,782 | €0 | €6,266 | - |
| Non-distributable reserves130/1 | - | - | - | €6,378 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €6,378 | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €37,382 | €26,496 | €0 | €30,782 | €0 | €6,266 | - |
| Profit (loss) carried forward14 | €0 | - | - | €0 | €0 | -€91,350 | €0 | -€40,444 | €0 | - |
| Amounts payable17/49 | €458,172 | €357,867 | €383,385 | €352,151 | €378,783 | €370,929 | €340,369 | €305,997 | €300,393 | ▼ 1.8% |
| Amounts payable after more than one year17 | €161,347 | €111,543 | €118,138 | €56,112 | €20,146 | €0 | - | - | €100,000 | - |
| Financial debts170/4 | - | - | - | €56,112 | €20,146 | €0 | - | - | €100,000 | - |
| Amounts payable within one year42/48 | €296,824 | €246,325 | €265,246 | €294,540 | €347,337 | €339,784 | €271,007 | €257,678 | €144,975 | ▼ 43.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €62,027 | €59,846 | €50,180 | €0 | - | - | - |
| Financial debts43 | - | - | - | €51,579 | €33,448 | €31,160 | €15,518 | €0 | - | - |
| Credit institutions430/8 | - | - | - | €51,579 | €33,448 | €31,160 | €15,518 | €0 | - | - |
| Trade debts44 | €91,771 | €43,466 | €7,716 | €54,436 | €74,786 | €110,817 | €134,808 | €51,295 | €34,974 | ▼ 31.8% |
| Suppliers440/4 | - | - | - | €54,436 | €74,786 | €110,817 | €134,808 | €51,295 | €34,974 | ▼ 31.8% |
| Advances received on contracts in progress46 | - | - | - | €27,534 | €75,879 | €74,771 | €45,984 | €59,161 | €39,547 | ▼ 33.2% |
| Taxes, remuneration and social security45 | - | - | - | €68,851 | €102,120 | €72,857 | €74,697 | €88,892 | €70,455 | ▼ 20.7% |
| Taxes450/3 | - | - | - | €14,511 | €15,886 | €7,807 | €22,910 | €36,955 | €23,589 | ▼ 36.2% |
| Remuneration and social security454/9 | - | - | - | €54,341 | €86,234 | €65,050 | €51,787 | €51,936 | €46,865 | ▼ 9.8% |
| Other amounts payable47/48 | - | - | - | €30,114 | €1,259 | €0 | - | €58,330 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €1,500 | €11,300 | €31,146 | €69,363 | €48,318 | €55,417 | ▲ 14.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,521 | -€33,340 | €14,758 | €34,685 | €2,736 | -€117,846 | €172,133 | -€71,226 | €46,709 | - |
| + Depreciation and write-downs630 | €3,709 | €4,648 | €28,576 | €31,851 | €25,962 | €14,262 | €28,635 | €13,026 | €6,148 | ▼ 52.8% |
| Operating cash flow (approximation) | €56,230 | -€28,691 | €43,334 | €66,535 | €28,698 | -€103,584 | €200,768 | -€58,200 | €52,857 | - |
| Investment in fixed assets (approximation) | - | -€116,398 | -€37,672 | €0 | €10,879 | -€1,122 | -€4,701 | - | -€4,490 | - |
| Change in cash | - | -€210,406 | €91,651 | €46,094 | -€94,821 | -€93,403 | €2,166 | - | €5,725 | - |
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 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 14-04-2026 | 2026-00079235 |
| 31-12-2024 | abbreviated format | 15-05-2025 | 2025-00095061 |
| 30-06-2024 | abbreviated format | 17-12-2024 | 2024-00618301 |
| 30-06-2023 | abbreviated format | 18-12-2023 | 2023-00529986 |
| 31-12-2022 | abbreviated format | 06-06-2023 | 2023-00109177 |
| 31-12-2021 | abbreviated format | 20-05-2022 | 2022-20030976 |
| 31-12-2020 | abbreviated format | 17-05-2021 | 2021-14200359 |
| 31-12-2019 | micro format | 13-03-2020 | 2020-06600406 |
| 31-12-2018 | micro format | 29-03-2019 | 2019-08600372 |
| 31-12-2017 | abbreviated format | 17-08-2018 | 2018-46800010 |
Subsidies and aid
Flemish government
2022 to 2025 · 6 entries · €31,851 awarded · €31,851 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €10,752 | €10,752 |
| 2024 | 2 | €6,638 | €6,638 |
| 2023 | 1 | €7,690 | €7,690 |
| 2022 | 1 | €6,771 | €6,771 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Permanent representatives 2
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Balata BV |
|
| The Craftsmen BV |
|
| Make It Fly |
|
Owners and capital
Owners
1 ownerChain of control
- Dynamate Holding
- Dynamate WEB
- MAKE IT FLY
- ENTITYONE
Highest known parent: Dynamate Holding. The sources do not say who stands above it.
Owners 1
-
100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- MAKE IT FLY (BE 0765.781.049) all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
3 connected companiesAcquisitions and mergers
1 transactionActs, filings and financial milestones
10-08
Gazette deed
Resignations: The Craftsmen BV (director) and Balata BV (director)Appointments: The Craftsmen BV (director) and Balata BV (director)8 facts ▸
- Director resignation, The Craftsmen BV (director)
- Director resignation, Balata BV (director)
- Director appointment, The Craftsmen BV (director)
- Director appointment, Balata BV (director)
- Board composition, The Craftsmen BV (director)
- Board composition, Balata BV (director)
- Director resignation, The Craftsmen BV (managing director)
- Director appointment, The Craftsmen BV (managing director)
09-07
Gazette deed
RestructuringPermanent representatives: CARDINAEL Mathieu, LUYTEN Anton and CAMERLYNCK Jan · Merger · Shareholding8 facts ▸
- Board meeting, 29-06-2026
- Merger, “fusie door overneming, toebedeeld aan de overnemende vennootschap” (deed in Dutch)
- Permanent representative, CARDINAEL Mathieu (2 times)
- Permanent representative, LUYTEN Anton (2 times)
- Permanent representative, CAMERLYNCK Jan
- Shareholding, MAKE IT FLY
- Declaration, “geen aandeelhouders met bijzondere rechten of houders van andere effecten dan aandelen” (deed in Dutch)
- Declaration, “geen bijzondere voordelen toegekend aan leden van bestuursorganen” (deed in Dutch)
15-01
Gazette deed
Resignations: Make it fly (director) and The Craftsmen (director)Permanent representatives: VERNAEVE Wim, CARDINAEL Mathieu and LUYTEN Anton · Appointments: Balata (director) and The Craftsmen (director) · Director discharge14 facts ▸
- General meeting, 19-12-2024
- Other provision, “overgangsbepaling boekjaar”, 31-12-2024 (deed in Dutch)
- Other provision, 07:45, “eerstvolgende gewone algemene vergadering over jaarrekening” (deed in Dutch)
- Director resignation, Make it fly (director)
- Director resignation, The Craftsmen (director)
- Permanent representative, VERNAEVE Wim
- Permanent representative, CARDINAEL Mathieu (2 times)
- Director appointment, Balata (director)
- Director appointment, The Craftsmen (director)
- Permanent representative, LUYTEN Anton
- Director discharge, Make it fly
- Director discharge, The Craftsmen
- +2 further facts in this act
18-07
Gazette deed
Resignation: Tack Hannes (director)Permanent representatives: Hannes Tack, Mathieu Cardinael and Wim Vernaeve · Appointments: The Craftsmen (director) and Make It Fly (director) · Amendment of the articles12 facts ▸
- General meeting, 15-06-2023
- Amendment of the articles
- Director resignation, Tack Hannes (director)
- Director discharge, Tack Hannes
- Permanent representative, Hannes Tack
- Director appointment, The Craftsmen (director)
- Permanent representative, Mathieu Cardinael
- Director appointment, Make It Fly (director)
- Permanent representative, Wim Vernaeve
- Power of attorney
- Power of attorney, Charlotte LESAGE
- Board meeting, 15-06-2023
Show earlier events
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44808H0410/00D000 | Flanders | 2,308 m² | 1 · 665 m² | 9.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren…” (deed in Dutch)
23 activities (deed in Dutch)
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coördinatie, de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen
- Het verlenen van managementadviezen en het verstrekken van prestaties en consultancyactiviteiten op financiële, technische, commerciële of administratieve vlak; in de ruimste zin, met uitzondering van adviezen inzake beleggingen en geldplaatsingen; bijstand en diensten verlenen, rechtstreeks of onrechtstreeks op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur
- Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars, het uitoefenen van opdrachten en functies
- Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, knowhow en aanverwante immateriële duurzame activa
- Het verlenen van administratieve prestaties en computerservices
- De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in 't kort tussenpersoon in de handel
- Het onderzoek, de ontwikkeling, de vervaardiging of commercialisering van nieuwe producten, nieuwe vormen van technologie en hun toepassingen
- De vennootschap mag alle verrichtingen stellen van commerciële, industriële, onroerende, roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen
- De vennootschap mag betrokken zijn bij wijze van inbreng, samensmelting, inschrijving of op elke andere wijze, in de ondernemingen, verenigingen of vennootschappen, die een gelijkaardig, soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp
- Bovenvermelde opsomming is niet beperkend zodat de vennootschap alle handelingen kan stellen die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp
- De vennootschap mag haar voorwerp verwezenlijken, zoals vermeld, zowel in het binnen- als in het buitenland, op alle wijzen die zij het best geschikt zal achten
- De vennootschap mag geenszins aan vermogensbeheer of beleggingsadvies doen als bedoeld in de Wetten en Koninklijke Besluiten terzake
- De vennootschap zal zich dienen te onthouden van werkzaamheden die onderworpen zijn aan reglementaire bepalingen voor zover de vennootschap zelf niet aan deze bepalingen voldoet
- Het verlenen van diensten in de informatica sector, zoals onder meer het ontwerpen, analyseren, programmeren en onderhouden van software toepassingen
- De handel in al zijn vormen, zoals onder meer aan- en verkoop , in-, uit- en doorvoer, groot- en kleinhandel
- Het adviseren, begeleiden van ondernemingen en personen aangaande - informatiseringsystemen en -processen, informatiseringstoepassingen, informatiseringsprojecten en het verstrekken van alle mogelijke assistentie en bijstand dienaangaande
- Het ontwikkelen van websites en aanverwante applicaties via het internet
- Het aan- en verkopen van telefonie, breedband internet, webdesign en hosting
- Het versturen van geluid, beelden, gegevens of andere informatie via kabel, draadloos of door middel van relais of via een satelliet
- Het organiseren van cursussen, conferenties en seminaries in informatica, computertaal en aanverwante takken
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen; de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Ten slotte brengt de enige aandeelhouder artikel 12, §2 van de statuten van de Vennootschap in herinnering: "12 Bevoegdheden van het…”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of April at 07:45