iep
InactiveInactive since 11-07-2026; last annual accounts for fiscal year 2025. Dissolved and wound up in a single deed; books and records kept by PAELMAN Eric (5 years).
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 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
4 d early
2024
31 d early
2023
33 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 1 day before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Retail sale of antiques sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€217,465
EBIT margin
10.2%
Net result
€68,721▲ 213%
2024 · €21,968
Working capital
€202,676▲ 62.1%
2024 · €125,065
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Turnover€217,465
Operating result-€65,882-€22,262€68,807▲ 209%
Net result-€181,086below the sector's middle half-€21,968within the sector's middle half€68,721within the sector's middle half▲ 213%
EBIT margin10.2%
Equity€123,519within the sector's middle half-€145,487within the sector's middle half▲ 17.8%€214,208within the sector's middle half▲ 47.2%
Total assets€370,075below the sector's middle half-€353,359below the sector's middle half▼ 4.5%€216,731below the sector's middle half▼ 38.7%
Debt€246,556-€207,871▼ 15.7%€2,523▼ 98.8%
Working capital€94,464within the sector's middle half-€125,065within the sector's middle half▲ 32.4%€202,676within the sector's middle half▲ 62.1%
Solvency33.4%within the sector's middle half-41.2%within the sector's middle half▲ 7.8pp98.8%above the sector's middle half▲ 57.7pp
Current ratio1.38within the sector's middle half-1.60within the sector's middle half▲ 0.2281.33above the sector's middle half▲ 79.73
Return on assets (ROA)-48.9%below the sector's middle half-6.2%within the sector's middle half▲ 55.1pp31.7%above the sector's middle half▲ 25.5pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 209% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €216,731
Fixed assets
€11,532 ▼ 43.5%
Current assets
€205,199 ▼ 38.4%
Equity and liabilities €216,731
Equity
€214,208 ▲ 47.2%
Debt
€2,523 ▼ 98.8%
Debt's share of the balance-sheet total falls from 58.8% to 1.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73,983▲
2024 · €30,896
Cash flow
€73,897▲
2024 · €30,602
Debt to equity
0.01▼
2024 · 1.43
ROE
32.1%▲
2024 · 15.1%
Interest coverage
630.45▲
2024 · 303.40
Debt ≤ 1 year
€2,523▼
2024 · €207,871
Income taxes
€202▲
2024 · €198
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | - | €217,465 | - | - |
| Non-recurring operating income76A | - | - | €2,419 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €183,712 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,575 | €8,633 | €5,176 | ▼ 40.0% |
| Other operating charges640/8 | €63,328 | €6,182 | €9,947 | ▲ 60.9% |
| Non-recurring operating charges66A | - | - | €4,000 | - |
| Gross operating margin9900 | €6,021 | €37,077 | €87,930 | ▲ 137% |
| Operating profit (loss)9901 | -€65,882 | €22,262 | €68,807 | ▲ 209% |
| Financial income75/76B | €155 | €6 | €234 | ▲ 3,903% |
| Recurring financial income75 | €155 | €6 | €234 | ▲ 3,903% |
| Financial charges65/66B | €115,161 | €102 | €117 | ▲ 15.2% |
| Recurring financial charges65 | €161 | €102 | €117 | ▲ 15.2% |
| Non-recurring financial charges66B | €115,000 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€180,889 | €22,166 | €68,923 | ▲ 211% |
| Income taxes67/77 | €198 | €198 | €202 | ▲ 2.1% |
| Profit (loss) for the period9904 | -€181,086 | €21,968 | €68,721 | ▲ 213% |
| Profit (loss) for the period to be appropriated9905 | -€181,086 | €21,968 | €68,721 | ▲ 213% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €370,075 | €353,359 | €216,731 | ▼ 38.7% |
| Fixed assets21/28 | €29,055 | €20,422 | €11,532 | ▼ 43.5% |
| Tangible fixed assets22/27 | €26,055 | €17,422 | €11,532 | ▼ 33.8% |
| Plant, machinery and equipment23 | €2,123 | €1,607 | €5,870 | ▲ 265% |
| Furniture and vehicles24 | €23,145 | €15,234 | €3,525 | ▼ 76.9% |
| Other tangible fixed assets26 | €787 | €581 | €2,137 | ▲ 268% |
| Financial fixed assets28 | €3,000 | €3,000 | - | - |
| Current assets29/58 | €341,020 | €332,937 | €205,199 | ▼ 38.4% |
| Stocks and contracts in progress3 | €285,569 | €290,946 | - | - |
| Stocks30/36 | €285,569 | €290,946 | - | - |
| Amounts receivable within one year40/41 | €6,175 | €2,778 | €82,762 | ▲ 2,879% |
| Trade receivables40 | €4,532 | €1,135 | €6,970 | ▲ 514% |
| Other amounts receivable41 | €1,643 | €1,643 | €75,792 | ▲ 4,513% |
| Current investments50/53 | - | - | €100,000 | - |
| Cash at bank and in hand54/58 | €49,276 | €39,213 | €20,584 | ▼ 47.5% |
| Deferred charges and accrued income490/1 | - | - | €1,853 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €370,075 | €353,359 | €216,731 | ▼ 38.7% |
| Equity10/15 | €123,519 | €145,487 | €214,208 | ▲ 47.2% |
| Contributions10/11 | €251,000 | €251,000 | €251,000 | = |
| Reserves13 | €84,976 | €84,976 | €84,976 | = |
| Distributable reserves133 | €84,976 | €84,976 | €84,976 | = |
| Profit (loss) carried forward14 | -€212,457 | -€190,489 | -€121,767 | ▲ 36.1% |
| Amounts payable17/49 | €246,556 | €207,871 | €2,523 | ▼ 98.8% |
| Amounts payable within one year42/48 | €246,556 | €207,871 | €2,523 | ▼ 98.8% |
| Trade debts44 | €1,310 | €126 | €210 | ▲ 67.1% |
| Suppliers440/4 | €1,310 | €126 | €210 | ▲ 67.1% |
| Taxes, remuneration and social security45 | €1,614 | €7,760 | €2,313 | ▼ 70.2% |
| Taxes450/3 | €1,614 | €7,760 | €2,313 | ▼ 70.2% |
| Other amounts payable47/48 | €243,633 | €199,985 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€181,086 | €21,968 | €68,721 | ▲ 213% |
| + Depreciation and write-downs630 | €8,575 | €8,633 | €5,176 | ▼ 40.0% |
| Operating cash flow (approximation) | -€172,511 | €30,602 | €73,897 | ▲ 141% |
| Investment in fixed assets (approximation) | - | €0 | €3,713 | - |
| Change in cash | - | -€10,063 | -€18,628 | ▼ 85.1% |
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
14-07
State Gazette act
Resignations & appointments · End & cessationResignation: PAELMAN Eric (sole director) · Net-asset statement · Auditor report18 facts ▸
State Gazette act
Resignations & appointments · End & cessation
Resignation: PAELMAN Eric (sole director) · Net-asset statement · Auditor report18 facts ▸
- General meeting, 22-06-2026
- General meeting, kennisname verslagen, artikel 2:71 §2 van het Wetboek van Vennootschappen en Verenigingen
- Other statement, 29-05-2026
- Net-asset statement, 04-05-2026
- Auditor report, 22-06-2026
- Auditor report, 22-06-2026
- Board meeting, 09-04-2026
- General meeting, aandeelhouders hebben te kennen gegeven dat zij geen opmerkingen hebben betreffende voormelde verslagen en dat zij zonder enige beperking of voorbehoud het erin…
- Declaration, debt settlement, alle schulden van de vennootschap ten aanzien van derden werden voldaan en/of de nodige gelden om die te voldoen werden geconsigneerd
- Dissolution, bijzondere omstandigheden eigen aan de vennootschap en de eenvoud van de vereffening, ontbinding met onmiddellijke vereffening van de vennootschap in één akte
- Asset distribution, netto-actief, elk voor de helft
- Asset distribution, netto-actief, elk voor de helft
- +6 further facts in this act
2025
31-12
Financial
Highest result since 2023net €68,721 ▲213%
Operating result €68,807, net result €68,721, both a record.
31-12
Financial
Liquidity times 51current ratio 81.33
Current ratio from 1.60 to 81.33; short-term debt falls from €207,871 to €2,523.
31-12
Financial
Equity above €200,000Eq €214,208 ▲47.2%
2 profitable years in a row build equity to €214,208.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €21,968
Net result €21,968 after one loss-making year.
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 33 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Oostende
Ground area
242 m²
Building footprint
264 m²
Volume, LiDAR
6,776 m³
Parcel 35013A0569/00F008, Flanders · tallest building 33.8 m, ±9 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A0569/00F008 | Flanders | 242 m² | 1 · 264 m² | 33.8 m · 9 fl. |
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.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PAELMAN Eric |
|
Articles of association
Custody of records
Domicilieadres van de heer PAELMAN Eric, 5
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Of 1,436 companies in sector 47791 we hold annual accounts for 457. 340 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
Founded01-10-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47791Retail sale of antiques
46190Agents in non-specialised wholesale trade
47559Retail sale of other household articles
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
64210Activities of holding companies
74201Photography, excluding press photography
E-invoicing
Reachable via Peppol
Peppol ID
0208:0849590336
Also
9925:BE0849590336
Registered
13-11-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.