Summary
OBJECTIVE INTERNATIONAL 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 €7.2m and a net result of -€128,521. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 36% of 3,027 sector peers (NACE 64, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 7.2 FTE
- Equity
- €7.2m
- Loss
- -€128,521
- Parent
- Objective Holding · 100%
- Holdings
- 2
- Irena MajumdarDirector
Signalsraises risk2025 accounts filed 6 days lateShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
This company filed its last 7 accounts on average 89 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Appointment: BDO Bedrijfsrevisoren BV (statutory auditor)Gazette deed
- Resignation: Duane George (director)Power of attorney
Financials · financial year 2025, full format
2025 annual accounts filed late (6 days) Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00393614.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €164,499 in 2025 against €193,797 in 2024; the loss shrinks.
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.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €3.1m | €2.4m | €1.8m | €1.1m | €1.2m | ▲ 3.1% |
| Turnover70 | €2.1m | €2.2m | €3.1m | €3.0m | €2.3m | €1.8m | €1.1m | €1.1m | ▼ 2.9% |
| Other operating income74 | - | - | - | €0.08m | €0.06m | €0.09m | €0.05m | €0.06m | ▲ 13.8% |
| Non-recurring operating income76A | - | - | - | €14 | €0 | - | - | €0.06m | - |
| Operating charges60/66A | - | - | - | €2.9m | €2.1m | €1.6m | €1.3m | €1.3m | ▲ 0.5% |
| Goods for resale, raw materials and consumables60 | - | - | - | €0.01m | €0.001m | €0 | - | - | - |
| Purchases600/8 | - | - | - | €0.01m | €0.001m | €0 | - | - | - |
| Services and other goods61 | - | - | - | €1.5m | €0.8m | €0.4m | €0.3m | €0.3m | ▲ 9.9% |
| Remuneration, social security and pensions62 | - | - | - | €1.2m | €1.1m | €1.1m | €0.8m | €0.8m | ▼ 2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 5.0% |
| Other operating charges640/8 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.05m | ▲ 5.0% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - | - | - | - |
| Operating profit (loss)9901 | €0.2m | €0.08m | €0.08m | €0.2m | €0.3m | €0.2m | -€0.2m | -€0.2m | ▲ 15.1% |
| Financial income75/76B | - | - | - | €0.006m | €0.009m | €0.09m | €0.07m | €0.1m | ▲ 95.8% |
| Recurring financial income75 | €0.2m | €0.2m | €0.005m | €0.006m | €0.009m | €0.09m | €0.07m | €0.1m | ▲ 95.8% |
| Income from current assets751 | - | - | - | €0.006m | €0.009m | €0.09m | €0.07m | €0.1m | ▲ 110% |
| Other financial income752/9 | - | - | - | €0 | €50 | €0 | €0.005m | €32 | ▼ 99.4% |
| Financial charges65/66B | - | - | - | €0.03m | €0.04m | €0.06m | €0.1m | €0.1m | ▼ 8.9% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.03m | €0.04m | €0.06m | €0.1m | €0.1m | ▼ 8.9% |
| Debt charges650 | €0.02m | €0.02m | €0.02m | €0.03m | €0.04m | €0.05m | €0.1m | €0.1m | ▼ 9.5% |
| Other financial charges652/9 | - | - | - | €0.001m | €0.006m | €0.01m | €0.003m | €0.004m | ▲ 13.4% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.3m | €0.06m | €0.1m | €0.2m | €0.2m | -€0.2m | -€0.1m | ▲ 46.5% |
| Income taxes67/77 | €0.06m | €0.07m | €0.02m | €0.05m | €0.06m | €0.08m | €0.04m | €0.002m | ▼ 95.2% |
| Taxes670/3 | - | - | - | €0.05m | €0.06m | €0.08m | €0.04m | €0.002m | ▼ 95.2% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.004m | €0 | €0 | €0 | - | - |
| Profit (loss) for the period9904 | €0.3m | €0.2m | €0.04m | €0.1m | €0.2m | €0.2m | -€0.3m | -€0.1m | ▲ 52.9% |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.2m | €0.04m | €0.1m | €0.2m | €0.2m | -€0.3m | -€0.1m | ▲ 52.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €8.6m | €8.6m | €8.5m | €8.5m | €9.2m | €11.5m | €13.0m | €16.2m | ▲ 24.8% |
| Fixed assets21/28 | €6.5m | €6.4m | €7.5m | €7.6m | €7.9m | €7.7m | €7.6m | €7.5m | ▼ 1.7% |
| Intangible fixed assets21 | €0.05m | €0.03m | €0.03m | €0.02m | €0.01m | €0.01m | €0.006m | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €1.6m | €1.5m | €1.4m | €1.3m | €1.1m | €1.0m | €0.8m | €0.7m | ▼ 14.6% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 13.9% |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.09m | €0.07m | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 16.7% |
| Leasing and similar rights25 | - | - | - | €0.7m | €0.7m | €0.6m | €0.5m | €0.4m | ▼ 13.9% |
| Financial fixed assets28 | €4.9m | €4.9m | €6.0m | €6.3m | €6.8m | €6.8m | €6.8m | €6.8m | = |
| Affiliated companies280/1 | - | - | - | €6.3m | €6.8m | €6.8m | €6.8m | €6.8m | = |
| Participating interests280 | - | - | - | €4.9m | €4.9m | €4.9m | €4.9m | €4.9m | = |
| Amounts receivable281 | - | - | - | €1.4m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Other financial fixed assets284/8 | - | - | - | €40 | €40 | €40 | €38 | €40 | ▲ 4.8% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €40 | €40 | €40 | €38 | €40 | ▲ 4.8% |
| Current assets29/58 | €2.0m | €2.2m | €1.1m | €0.9m | €1.4m | €3.8m | €5.4m | €8.7m | ▲ 62.0% |
| Stocks and contracts in progress3 | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €0.2m | €0.3m | €0.2m | €0.2m | €1.3m | €3.8m | €5.3m | €8.6m | ▲ 61.7% |
| Trade receivables40 | - | - | - | €0.1m | €1.3m | €3.8m | €5.3m | €7.3m | ▲ 38.3% |
| Other amounts receivable41 | - | - | - | €0.004m | €0 | - | - | €1.2m | - |
| Current investments50/53 | €0.001m | €0.001m | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €1.8m | €1.8m | €0.8m | €0.7m | €0.03m | €0.05m | €0.06m | €0.1m | ▲ 102% |
| Deferred charges and accrued income490/1 | - | - | - | €0.07m | €0.01m | €0.008m | €0.03m | €0.04m | ▲ 31.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €8.6m | €8.6m | €8.5m | €8.5m | €9.2m | €11.5m | €13.0m | €16.2m | ▲ 24.8% |
| Equity10/15 | €7.0m | €7.2m | €7.2m | €7.3m | €7.5m | €7.6m | €7.4m | €7.2m | ▼ 1.7% |
| Contributions10/11 | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | = |
| Capital10 | - | - | - | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | = |
| Issued capital100 | - | - | - | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | = |
| Reserves13 | €3.3m | €3.5m | €3.6m | €3.7m | €3.7m | €3.7m | €3.7m | €3.7m | = |
| Non-distributable reserves130/1 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Legal reserve130 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Distributable reserves133 | - | - | - | €3.3m | €3.3m | €3.3m | €3.3m | €3.3m | = |
| Profit (loss) carried forward14 | €0.07m | €0.02m | €0.006m | €0.007m | €0.2m | €0.3m | €0.06m | -€0.07m | - |
| Amounts payable17/49 | €1.6m | €1.5m | €1.3m | €1.2m | €1.8m | €3.9m | €5.6m | €9.0m | ▲ 59.4% |
| Amounts payable after more than one year17 | €1.0m | €0.9m | €0.8m | €0.7m | €0.6m | €0.5m | €0.4m | €0.4m | ▼ 14.3% |
| Financial debts170/4 | - | - | - | €0.7m | €0.6m | €0.5m | €0.4m | €0.4m | ▼ 14.3% |
| Leasing and similar obligations172 | - | - | - | €0.6m | €0.5m | €0.5m | €0.4m | €0.3m | ▼ 15.4% |
| Credit institutions173 | - | - | - | €0.2m | €0.1m | €0.07m | €0.03m | €0.03m | = |
| Amounts payable within one year42/48 | €0.5m | €0.5m | €0.4m | €0.4m | €1.0m | €3.3m | €5.2m | €8.6m | ▲ 66.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.06m | ▼ 36.7% |
| Financial debts43 | - | - | - | €0.004m | €0 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0.004m | €0 | - | - | - | - |
| Trade debts44 | €0.07m | €0.3m | €0.07m | €0.07m | €0.7m | €2.6m | €0.1m | €1.1m | ▲ 736% |
| Suppliers440/4 | - | - | - | €0.07m | €0.7m | €2.6m | €0.1m | €1.1m | ▲ 736% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.3m | €0.5m | €0.8m | €1.3m | ▲ 69.2% |
| Taxes450/3 | - | - | - | €0.05m | €0.1m | €0.4m | €0.7m | €1.2m | ▲ 81.3% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | ▼ 5.3% |
| Other amounts payable47/48 | - | - | - | €59 | €0 | - | €4.2m | €6.2m | ▲ 48.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.06m | €0.1m | €0.1m | €0.05m | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.2m | €0.04m | €0.1m | €0.2m | €0.2m | -€0.3m | -€0.1m | ▲ 52.9% |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 5.0% |
| Operating cash flow (approximation) | €0.5m | €0.4m | €0.2m | €0.3m | €0.3m | €0.3m | -€0.1m | €0.002m | - |
| Investment in fixed assets (approximation) | - | -€0.05m | -€1.3m | -€0.3m | -€0.5m | €0.002m | €2 | -€0.004m | - |
| Change in cash | - | €0.06m | -€1.0m | -€0.1m | -€0.7m | €0.02m | €0.007m | €0.06m | ▲ 748% |
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 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 06-08-2026 | 2026-00393614 |
| 31-12-2024 | full format | 27-08-2025 | 2025-00424415 |
| 31-12-2023 | full format | 10-03-2025 | 2025-00046921 |
| 31-12-2022 | full format | 07-07-2024 | 2024-00222374 |
| 31-12-2021 | full format | 15-09-2022 | 2022-20429656 |
| 31-12-2020 | full format | 08-07-2021 | 2021-33300534 |
| 31-12-2019 | full format | 31-07-2020 | 2020-37400328 |
| 31-12-2018 | full format | 22-07-2019 | 2019-36300007 |
| 31-12-2017 | abbreviated format | 19-07-2018 | 2018-35400180 |
| 31-12-2016 | abbreviated format | 19-06-2017 | 2017-18800518 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Irena Majumdar |
|
| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES |
|
| Duane George |
|
Owners and capital
Owners
1 ownerChain of control
- Objective Holding
- OBJECTIVE INTERNATIONAL
Highest known parent: Objective Holding. The sources do not say who stands above it.
Owners 1
-
100%
According to the 2025 annual accounts of OBJECTIVE INTERNATIONAL and those of the other companies, 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.
Group and network
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2025
- OBJECTIVEsubsidiaryEquity €3.9mResult €1.0m100%
- OBJECTIVE BELGIUMsubsidiaryEquity €4.8mResult €967,390100%
According to the 2025 annual accounts of OBJECTIVE INTERNATIONAL and those of the other companies, 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.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-07
Gazette deed
Appointment: BDO Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
- General meeting, 23-04-2026
- Auditor appointment, BDO Bedrijfsrevisoren BV (statutory auditor)
05-05
Gazette deed
Resignation: Duane George (director)Power of attorney5 facts ▸
- Director resignation, Duane George (director)
- Power of attorney, Benjamin Callewaert
- Power of attorney, Tom Van Baeveghem
- Power of attorney, Jan Vreys
- Power of attorney, Christel Van den Eynden
05-03
Gazette deed
Appointment: Irena Majumdar (director)7 facts ▸
- General meeting, 24-01-2025
- Director appointment, Irena Majumdar (director)
- Board composition, Duane George (director)
- Board composition, Hellen Stein (director)
- Board composition, Nicola Marrison (director)
- Board composition, Irena Majumdar (director)
- Other provision, “formulieropschriftenvoor-enachterzijde, naamenhandtekening” (deed in Dutch)
About the unread acts
Of the 12 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42026A0916/00C002 | Flanders | 1.1 ha | 1 · 826 m² | 10.5 m |
How the parcels are linked
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 1 more provision in the deed, see the deed of 17-07-2026
Read from the deeds: 1 provision, deed of 17-07-2026