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LA SOURCE

Active Private limited companyfounded 1978active for 48 yearsRue Saint-Fiacre 19, 5000 NamurKBO/BCE: BE 0418.536.984
LA SOURCE
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Overview

Lifetime

20 annual accounts with figures on one time axis, 42 filings since 1979
peak €17,749 (2022)
€37▼ 98.1%
lowest -€19,059 (2023)
-€8,654▼ €1,580
peak €60,849 (2022)
€7,638▼ 53.1%
€24,842▲ 17.1%
peak 0.1 FTE (2012)
-not published
Board1 name since 2001
1 directorRAHOU Djemel
Documentsfilings and deeds
31-10-2026on the last day
2026micro format
Gross margin from €1,908 to €37Loss of €8,654Equity from €16,293 to €7,638Debts from €21,211 to €24,842Cash from €1,148 to €493

Key points

from the 2026 annual accounts

Equity

€7,638 from €60,849 in 2022

Equity fell by 87% in 4 years.

Losses

-€53,210 in four years
-19,0592023-18,4232024-7,0742025-8,6542026

Every financial year from 2023 to 2026 closed with a loss. 2023 was the heaviest.

Debts

€24,842 76% of the balance sheet
Financial debts 15%Suppliers 44%Taxes and wages 13%Other 28%

Checked score

53
Fair
Financially stronger than 17% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.

Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.1 percentage points vs 07-2025 09-2025: 1.1%▼ -0.1 percentage points vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026lowest value 05-2026: 1.1%● unchanged vs 04-2026lowest value 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.1 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.7%▲ +0.5 percentage points vs 09-2026highest value 11-2026: 1.2%▼ -0.5 percentage points vs 10-2026

Financial strength
Weak

49-19equity 23.5% of total assets
10-16short-term debt 76.5% · cash 1.5%
0=return on assets -26.6%

Score breakdown

raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Sector: Retail trade (NACE 47)
Loss of €8,654, the second in a row (financial year 2026)
Liquidity: current ratio 1.25, cash €493, halved
lowers risk
Size: total assets €32,480
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 39% of them on solvency, 11% on liquidity, 6% on profitability and 10% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,221 companies had the same profile as LA SOURCE has now. Each dot stands for 4 companies, two years later.

88.6%
were still trading
7.4%
stopped another way
3.8%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of LA SOURCE itself: 1.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,221 companies, not a prediction for LA SOURCE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

No publishable credit limit, so credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is tight, with a current ratio of 1.25 (1.53 in 2025), below the usual 1.5. Short-term debt is 76.5% and cash 1.5% of total assets. 76.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Size: total assets €32,480
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €8,654, the second in a row (financial year 2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.25, cash €493, halved
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€8,654
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 31-10-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
on the day
2025
45 days early
2024
27 days early
2023
49 days early
2022
on the day
2021
6 days early
2020
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 4 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

RD
RAHOU Djemel
Director, since 30-03-2001
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0418536984
Change of role: RAHOU Djemel, from sole manager to sole director Permanent representative: RAHOU Djemel · “Tous produits alimentaires généralement quelconques; Les articles de vannerie; Les articles de fabrication…” (deed in French) · Director discharge: RAHOU Djemel · Gazette deed
First establishment Rue Saint-Fiacre 19, Namur
All 48 events

Comparable companies

same main activity, similar in size and age
Company
LA SOURCE Namur €32,480 €37 23.5% -
VANHOUDT - VERDEYEN Tremelo €28,459 -€1,704 88.5% -
Tiserbo Charleroi €52,555 -€12,486 -132.7% -
FIDAN Antwerp €40,609 €2,074 98.6% -
BEAUMONT Ixelles €12,273 -€7,130 -812.3% -
MARIA & JANA Ixelles €83,613 -€17,865 63.4% -
Societe LIVIN - VASSEUR et Associes Mons €68,873 -€7,054 -16.8% -

These companies have the same main activity as LA SOURCE: other retail sale of food (NACE 47279). They are comparable in size and age: total assets between €12,300 and €83,600, founded between 1981 and 2000.

Official details

Source: KBO
Status
Active since 23-06-1978Normal situation
Activity
Other retail sale of foodNACE 47279
Establishment unit
2.015.196.1805000 Namur, since 01-01-1979
Financial year end
31 March
Peppol
Reachable since 04-12-2025
Company details

Annual accounts to 31-03-2026

€37▼ 98.1%
≈ €600estimated
€8,654▲ 22.3%
€7,638▼ 53.1%
€32,480▼ 13.4%
Filing
Filed on 31-10-2026, on the last day of the filing period
Financials

Insights on LA SOURCE

LA SOURCE files the micro format. That format states no turnover. The gross margin fell from €1,566 in 2006 to €37 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2026

micro format, filed on 31-10-2026, on the day of the deadline
€37
▼ 98.1%
-€7,326
▼ €1,536
-€8,654
▼ €1,580
€6,332
▼ 41.7%
23.5%
▼ 19.9 percentage points
1.25
▼ 0.28

The turnover shown is an estimate from the gross margin.

Turnover ≈ €600. Estimated: probably between €290 and €1,200.

Balance sheet

balance sheet total €32,480 on 31-03-2026
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

23.5%

Higher than 59% of 22,924 companies in 2025.

1.25

Higher than 52% of 22,052 companies in 2025.

-26.6%

Higher than 12% of 22,202 companies in 2025.

LA SOURCE Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20262025202420232022202120202019201820172015201420132012201120102009200820072006
Balance sheet: assets
20/58 32,48037,50449,44870,53984,13971,78665,81981,72772,55475,03160,06161,66758,05856,82864,36268,22752,06353,24853,36249,492
21/28 1,3066,16111,88417,78625,0463,3754,3579,5318,76113,6911,9413,1556,3839,51312,37515,4164,6747,0659,6709,222
22/27 1,0295,88411,60717,50924,7693,0984,0809,2548,48413,4141,6552,8696,0969,22712,08915,1304,3886,8159,4208,972
23 1393491,4082,4694,7232,3813,6955,010------------
24 8915,53510,19915,04020,0467173854,2448,48413,4141,6552,8696,0969,22712,08915,1304,3886,8159,4208,972
28 277277277277277277277277277277286286287286286286286250250250
29/58 31,17431,34337,56452,75359,09368,41161,46272,19663,79361,34058,12158,51251,67547,31551,98752,81147,38946,18343,69240,270
3 23,72321,51620,97227,05022,81916,84912,8429,5609,2118,9519,0386,4325,4994,3104,8324,5103,8503,3163,0865,017
30/36 23,72321,51620,97227,05022,81916,84912,8429,5609,2118,9519,0386,4325,4994,3104,8324,5103,8503,3163,0865,017
40/41 6,4648,09215,01619,08921,14923,40116,30822,30320,56513,98011,85811,8536,1656,74412,50714,44123,06516,91023,01426,098
40 6,4648,09210,0426,1459,15515,26110,98917,44813,91313,21411,85811,8536,1656,7378,0175,25610,9873,7945,3955,570
41 --4,97412,94411,9948,1405,3194,8556,652766---74,4909,18512,07813,11617,61920,528
54/58 4931,1486895,59312,98826,35629,37837,33531,03137,98337,09838,82738,43034,73132,88931,86220,47425,70517,5919,155
490/1 4945878871,0212,1371,8052,9342,9982,9864261271,4001,5811,5301,7591,998-253--
Balance sheet: equity and liabilities
10/49 32,48037,50449,44870,53984,13971,78665,81981,72772,55475,03160,06161,66758,05856,82864,36268,22752,06353,24853,36249,492
10/15 7,63816,29323,36741,79060,84954,89951,41650,89650,14946,76744,41443,59042,57441,92438,67438,57739,65335,53334,74630,925
10/11 30,98730,98730,98730,98730,98730,98730,98630,98630,98630,98730,98730,98730,98730,98630,98630,98630,98730,98730,98730,987
10 ----30,987---------------
100 ----30,98730,98730,98630,98630,98630,98730,98730,98730,98730,98630,98630,98630,98730,98730,98730,987
11 -30,98730,98730,987----------------
1109/19 -30,98730,98730,987----------------
13 23,09923,09923,09923,09923,09913,0993,0993,0993,0993,0993,0993,0993,0993,0993,0993,0993,0993,099811620
130/1 ---3,0993,0993,099--------------
130 ----3,0993,0993,0993,0993,0993,0993,0993,0993,0993,0993,0993,0993,0993,099811620
1311 ---3,099----------------
133 23,09923,09923,09920,00020,00010,000--------------
14 -46,447-37,793-30,719-12,2966,76310,81317,33116,81116,06412,68110,3289,5048,4887,8394,5894,4925,5681,4482,949-682
17/49 24,84221,21126,08128,74923,29016,88714,40330,83122,40528,26415,64818,07715,48414,90425,68829,65012,40917,71518,61518,567
17 -7275,05211,54313,500-5774,9504,7858,549---3,6217,11010,7134513,0885,6056,747
170/4 -7275,05211,54313,500-5774,9504,7858,549---3,6217,11010,7134513,0885,6056,747
42/48 24,84220,48421,02917,2069,79016,88713,82625,88117,62019,71515,64818,07715,48411,28318,57818,93711,95814,62713,01011,820
42 7274,5006,4906,1854,1255774,3747,1383,7643,707--3,6203,4783,3313,3892,6372,5172,4032,414
43 3,785-3,771-----------------
430/8 3,785-3,771-----------------
44 10,9437,4789,30411,0213,16510,6248,03017,27711,43911,2788,34314,8545,5634,3907,0258,5097,08910,5518,3684,461
440/4 10,9437,4789,30411,0213,16510,6248,03017,27711,43911,2788,34314,8545,5634,3907,0258,5097,08910,5518,3684,461
45 3,176326--2,5001,6861,4221,4662,4171,5001,6941,4241,9412,7264,2223,4392,2321,5592,2394,945
450/3 726326--2,5001,6861,4221,4662,4171,5001,6941,4241,9412,7264,2223,4392,2321,5592,2394,945
454/9 2,450-------------------
47/48 6,2118,1801,464--4,000---3,2305,6111,7994,3606894,0003,600----
Income statement
76A -----2,500----------2564,6834,367
9900 371,908-8,021-9,50917,74911,8268,5699,91411,15413,9113,5867,2746,21213,87515,0508,2967,4635,1664,6611,566
62 ------------3574,701------
630 4,8545,7235,9027,2605,3871,6015,1736,3574,9306,2981,5441,5243,1303,1303,041752,4272,6052,6052,349
631/4 --1,111-----------3,763103----
640/8 2,5091,9752,1562,3731,6361,7901,6491,5971,2872,9945834,2201,5671,4362,6114,4222051,2941,145623
66A ------------------122232
9901 -7,326-5,790-17,190-19,14210,7268,4351,7471,9604,9374,6191,4591,5301,1584,6085,6353,6964,8321,266911-1,406
75/76B -12832079964176645660275198781541925981,2336361,117335325
75 -12832079964176645660275198781541925981,2336361,117335325
65/66B 1,1361,1681,5537452,850828971870729870298239408744882620460473541597
65 1,1361,1681,5537452,850828971870729870298239408744882620460473541597
9903 -8,463-6,830-18,423-19,0888,5178,3731,2321,6924,9593,8471,2391,4459424,4625,9863,7125,5138324,9362,457
67/77 191244--292,5688917129451,6011,4944154292931,2121,8891,1881,392451,114397
9904 -8,654-7,074-18,423-19,0595,9497,4825207473,3582,3538241,0166493,2504,0972,5244,1207873,8212,060
9905 -8,654-7,074-18,423-19,0595,9497,4825207473,3582,3538241,0166493,2504,0972,5244,1207873,8212,060
Appropriation of the result
9906 -46,447-37,793-30,719-12,29616,76324,81317,33116,81116,06412,68110,3289,5048,4887,8398,5898,0925,5683,7363,140-682
14P -37,793-30,719-12,2966,76310,814---------------
691/2 ----10,00010,000-----------2,288191-
6920 -----------------2,288191-
6921 ----10,00010,000--------------
694/7 -----4,000--------4,0003,600----
694 --------------4,0003,600----
695 -----4,000--------------
Social balance sheet
9087 -------------0.1------
Hours worked1013 -------------248------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 22 older financial years (1979-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 31-10-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2026 micro format 31-10-2026 2026-00599642 PDF
31-03-2025 micro format 16-09-2025 2025-00492746 PDF
31-03-2024 micro format 04-10-2024 2024-00494892 PDF
31-03-2023 full format 12-09-2023 2023-00444568 PDF
31-03-2022 full format 31-10-2022 2022-20481471 PDF
31-03-2021 full format 25-10-2021 2021-73000329 PDF
31-03-2020 full format 20-10-2020 2020-62400006 PDF
31-03-2019 full format 04-10-2019 2019-68700020 PDF
31-03-2018 full format 01-10-2018 2018-67600139 PDF
31-03-2017 full format 18-09-2017 2017-61300306 PDF
31-12-2015 full format 05-07-2016 2016-28900068 PDF
31-12-2014 full format 22-05-2015 2015-13200204 PDF
31-12-2013 full format 17-06-2014 2014-19500484 PDF
31-12-2012 full format 29-08-2013 2013-56200363 PDF
31-12-2011 full format 31-07-2012 2012-38600467 PDF
31-12-2010 full format 18-05-2011 2011-11600273 PDF
31-12-2009 full format 31-08-2010 2010-51900238 PDF
31-12-2008 full format 26-08-2009 2009-65700152 PDF
31-12-2007 full format 28-08-2008 2008-69600098 PDF
31-12-2006 full format 27-08-2007 2007-61900160 PDF
31-12-2005 full format 14-07-2006 2006-47400507 PDF
31-12-2004 full format 19-07-2005 2005-52200284 PDF
31-12-2003 full format 29-06-2004 2004-35505258 PDF
31-12-2002 full format 10-09-2003 2003-65801519 PDF
31-12-2001 full format 06-12-2002 2002-75601550 PDF
31-12-2000 full format 16-11-2001 2001-70202470 PDF
31-12-1999 full format 27-07-2000 2000-46000155 PDF
31-12-1998 full format 28-06-1999 1999-23404742 PDF
31-12-1997 full format 09-10-1998 1998-52204427 PDF
31-12-1996 full format 21-08-1997 1997-38700550 PDF
31-12-1995 full format 16-07-1996 1996-34403545 PDF
31-12-1989 full format 03-09-1990 1990-22902604 PDF
31-12-1988 full format 16-06-1989 1989-08904275 PDF
31-12-1987 full format 16-06-1988 1988-08402292 PDF
31-12-1986 full format 15-06-1987 1987-09705020 PDF
31-12-1985 full format 05-06-1986 1986-11001198 PDF
31-12-1984 full format 17-06-1985 1985-11302178 PDF
31-12-1983 unclassified schema 25-06-1984 1984-07201045 PDF
31-12-1982 unclassified schema 22-06-1983 1983-06402006 PDF
31-12-1981 unclassified schema 15-06-1982 1982-05300892 PDF
31-12-1980 unclassified schema 10-06-1981 1981-04801600 PDF
31-12-1979 unclassified schema 11-06-1980 1980-04901245 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20262025202420232022202120202019201820172015201420132012201120102009200820072006
-2,472-67-11,288-11,88216,11310,0366,9208,3179,86710,9173,0033,0544,2887,7388,6763,7717,2593,8713,516943
-3,800-1,351-12,521-11,79911,3369,0835,6937,1048,2888,6512,3682,5403,7796,3807,1382,5996,5473,3926,4264,409
-100027,058619-17,127019,3923304,3040268015,20536011,46210,511
-655459-4,904-7,395-13,368-3,022-7,9576,304-6,952--1,7293973,6991,8421,02711,388-5,2318,1148,436-
6,33210,85916,53535,54749,30351,52447,63646,31546,17341,62542,47340,43536,19136,03233,40933,87435,43131,55630,68128,450
23.5%43.4%47.3%59.2%72.3%76.5%78.1%62.3%69.1%62.3%73.9%70.7%73.3%73.8%60.1%56.5%76.2%66.7%65.1%62.5%
1.251.531.793.076.044.054.452.793.623.113.713.243.344.192.802.793.963.163.363.41
0.300.480.791.493.713.053.522.423.102.663.142.882.983.812.542.553.642.933.122.98
3.251.301.120.690.380.310.280.610.450.600.350.410.360.360.660.770.310.500.540.60
-113.3%-43.4%-78.8%-45.6%9.8%13.6%1.0%1.5%6.7%5.0%1.9%2.3%1.5%7.8%10.6%6.5%10.4%2.2%11.0%6.7%
-26.6%-18.9%-37.3%-27.0%7.1%10.4%0.8%0.9%4.6%3.1%1.4%1.6%1.1%5.7%6.4%3.7%7.9%1.5%7.2%4.2%
-2.18-0.06-7.27-15.955.65---------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Debts secured on the company's own assets---€17,728€17,625
Pledge on other assets, amount secured--€10,179€14,822-
Carrying value of the other pledged assets--€10,179€14,822€19,466

Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Tangible fixed assets----€27,058
€4,854€5,723€5,902€7,260€5,387

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on LA SOURCE

The operating result for 2026 is a loss of €7,326, larger than the loss of €5,790 in 2025.

Debt's share of the balance-sheet total rises from 56.6% to 76.5%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, last change in 2024
RAHOU Djemel
Sole director
since 30-03-2001 term without a fixed end
earlier sole manager, until 16-01-2024
listed in the 2026 annual accounts, filed on 31-10-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 17. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 16-01-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
RAHOU Djemel
Sole director
BoardEarliermandate already running before its first mention
Mandates as a list
  • RAHOU Djemel
    • Sole director, from 30-03-2001 to date
    • Sole manager, until 16-01-2024

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€30,986.69
Shares
1,250
Contribution per share
€24.79
Equity per share
€6.11 in 2026
Source
2026 annual accounts

Articles of association

deed of 16-01-2024 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Fixe ou proportionnelle, rémunération des administrateurs”

Network & group

No group

LA SOURCE has no parent and no holdings in its annual accounts. RAHOU Djemel is the only director. LA SOURCE shares no director with another company.

Timeline

Timeline

48 events since 1978

Deadline for the 2027 accounts: 31-10-2027

2026
Annual accounts 2026 filed NBBmicro format · on the deadline day
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0418536984
Annual accounts 2025 filed PDFmicro format · 45 days before the deadline
2024
Annual accounts 2024 filed PDFmicro format · 27 days before the deadline
Change of role: RAHOU Djemel, from sole manager to sole directorPermanent representative: RAHOU Djemel · “Tous produits alimentaires généralement quelconques; Les articles de vannerie; Les articles de fabrication…” (deed in French) · Director discharge: RAHOU Djemel7 points ▸
  • 1,250 shares
  • Registered office clause, 5000Namur, RueSaint-Fiacre 19
  • Director resignation, RAHOU Djemel (sole manager)
  • Director appointment, RAHOU Djemel (sole director)
  • Director discharge, RAHOU Djemel
  • Permanent representative, RAHOU Djemel
  • Power of attorney, Frédéric MAGNUS
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2023 filed PDFfull format · 49 days before the deadline
Weakest financial year net -€19,059 The net result drops to -€19,059, the lowest from 2006 to 2026. It recovers the following year.
2022
Annual accounts 2022 filed PDFfull format · on the deadline day
2021
Annual accounts 2021 filed PDFfull format · 6 days before the deadline
Highest result from 2006 to 2026 net €7,482 ▲1,339% The net result of €7,482 is the highest of those years.
2020
Annual accounts 2020 filed PDFfull format · 11 days before the deadline
2019
Annual accounts 2019 filed PDFfull format · 27 days before the deadline
2018
Annual accounts 2018 filed PDFfull format · 30 days before the deadline
2017
Annual accounts 2017 filed PDFfull format · 43 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 26 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 70 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 44 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 29 days late
2012
Annual accounts 2011 filed PDFfull format · on the deadline day
2011
Annual accounts 2010 filed PDFfull format · 74 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 31 days late
2009
Annual accounts 2008 filed PDFfull format · 26 days late
2008
Annual accounts 2007 filed PDFfull format · 28 days late
2007
Annual accounts 2006 filed PDFfull format · 27 days late
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1990
Annual accounts 1989 filed PDFfull format
1989
Annual accounts 1988 filed PDFfull format
1988
Annual accounts 1987 filed PDFfull format
1987
Annual accounts 1986 filed PDFfull format
1986
Annual accounts 1985 filed PDFfull format
1985
Annual accounts 1984 filed PDFfull format
1984
Annual accounts 1983 filed PDFunclassified schema
1983
Annual accounts 1982 filed PDFunclassified schema
1982
Annual accounts 1981 filed PDFunclassified schema
1981
Annual accounts 1980 filed PDFunclassified schema
1980
Annual accounts 1979 filed PDFunclassified schema
1979
First establishment Rue Saint-Fiacre 19, Namur
1978
Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 23 June 1978, LA SOURCE was incorporated.1 Total assets went from €81,727 in 2019 to €32,480 in 2026.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2026

Company details

Identity

Enterprise number
0418.536.984
VAT number
BE 0418.536.984
Peppol ID
0208:0418536984
Other Peppol ID
9925:BE0418536984
Legal form
Private limited company
Status
Active, normal situation
Founded
23-06-1978
Financial year
ends on 31 March
Peppol
Reachable since 04-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
LA SOURCE in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 16-01-2024 (in French)

Activities

NACEBEL 2025
47279 Other retail sale of food main activity
Codes under NACEBEL 2008
47299 Retail trade main activity
Codes under NACEBEL 2003
52272 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Tous produits alimentaires généralement quelconques; Les articles de vannerie; Les articles de fabrication artisanale; Les articles…”
12 activities
  1. Tous produits alimentaires généralement quelconques
  2. Les articles de vannerie
  3. Les articles de fabrication artisanale
  4. Les articles cadeaux,de poterie et semblables
  5. Le mobilier et le matériel d’équipement,notamment à l’usage des hôpitaux,pharmacies et cabinets médicaux
  6. Les produits de soins tels que le savon de Marseille ou autres
  7. Le conditionnement de thés aromatisés ou non,camelia sinensis L
  8. Le conditionnement d'infusions aromatisées ou non
  9. Le conditionnement de plantes médicinales
  10. Le conditionnement de bonbons des Vosges
  11. La mise en sachet de bonbons de Provence au miel
  12. L'achat et la vente d'huile d'olive et préparations d'huile aromatisées
deed of 16-01-2024 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Rue Saint-Fiacre 19 registered office 5000 Namur 1628202 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 01-01-1979 2.015.196.180 Coffee roaster, tea manufacturer
Food packer
Food wholesaler

Buildings and parcels at the address

Ground area
320 m²
Buildings
144 m²
Volume, LiDAR
1,543 m³
Tallest building
13.0 m
Buildings to scale, each on its own parcel
144 m², 13.0 m 144 m², 13.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
92094B0228/02Z003320 m² 1 · 144 m² 13.0 m · 4

Recognitions

Food safety, FASFC

1 site
Namurunit number 2.015.196.180
3 permissions
Authorisation · Coffee roaster, tea manufacturer · since 04-09-2017
Authorisation · Food packer · since 04-09-2017
Authorisation · Food wholesaler · since 01-01-2006

Source: FAVV-AFSCA, open data, updated on 02-11-2026

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