PIX
InactiveInactive since 12-09-2026; last annual accounts for fiscal year 2025. Dissolved and wound up in a single deed on 28-08-2026; books and records kept by DE SADELEIR Jeanine Charline Bertha in Middelkerke (5 years).
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-42k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
120 d late
2023
20 d early
2022
2 d late
2021
31 d late
2020
33 d early
2019
102 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2025, micro schema
Equity
€-42k▼ 0.5%
2024 · €-42k
Total assets
€2▼ 96.5%
2024 · €70
Net result
€-201▲ 64.5%
2024 · €-566
Working capital
€-42k▼ 0.5%
2024 · €-42k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2k▼ 80.7%€15k▲ 504%€-541€-566▼ 4.6%€-201▲ 64.5%
Net result€136▼ 98.7%€13k▲ 9,631%€-2k€-566▲ 69.6%€-201▲ 64.5%
Equity€-52k▲ 0.3%€-39k▲ 25.2%€-41k▼ 4.7%€-42k▼ 1.4%€-42k▼ 0.5%
Total assets€6k▼ 40.3%€3k▼ 44.2%€0▼ 100%€70€2▼ 96.5%
Debt€59k▼ 6.9%€43k▼ 27.2%€41k▼ 3.8%€42k▲ 1.5%€42k▲ 0.3%
Working capital€-30k▲ 18.1%€-22k▲ 27.5%€-30k▼ 36.1%€-42k▼ 41.0%€-42k▼ 0.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €201 in 2025 against €566 in 2024; the loss shrinks.
Key figures and ratios
Debt ≤ 1 year
€42k▲
2024 · €42k
Ratios withheld: a balance sheet total of €2 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1k | €2k | €0 | €141 | €0 | ▼ 100% |
| Gross operating margin9900 | €4k | €17k | €-541 | €-425 | €-201 | ▲ 52.8% |
| Operating profit (loss)9901 | €2k | €15k | €-541 | €-566 | €-201 | ▲ 64.5% |
| Financial income75/76B | €224 | €0 | - | - | - | - |
| Recurring financial income75 | €224 | €0 | - | - | - | - |
| Financial charges65/66B | €3k | €2k | €1k | €0 | - | - |
| Recurring financial charges65 | €3k | €2k | €1k | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €136 | €13k | €-2k | €-566 | €-201 | ▲ 64.5% |
| Profit (loss) for the period9904 | €136 | €13k | €-2k | €-566 | €-201 | ▲ 64.5% |
| Profit (loss) for the period to be appropriated9905 | €136 | €13k | €-2k | €-566 | €-201 | ▲ 64.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6k | €3k | €0 | €70 | €2 | ▼ 96.5% |
| Fixed assets21/28 | €1k | €0 | - | - | - | - |
| Financial fixed assets28 | €1k | €0 | - | - | - | - |
| Current assets29/58 | €5k | €3k | €0 | €70 | €2 | ▼ 96.5% |
| Amounts receivable within one year40/41 | €2k | €2k | €0 | - | - | - |
| Trade receivables40 | €889 | €2k | €0 | - | - | - |
| Other amounts receivable41 | €2k | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €3k | €2k | €0 | €70 | €2 | ▼ 96.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6k | €3k | €0 | €70 | €2 | ▼ 96.5% |
| Equity10/15 | €-52k | €-39k | €-41k | €-42k | €-42k | ▼ 0.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €789 | €789 | €789 | €789 | €789 | = |
| Distributable reserves133 | €789 | €789 | €789 | €789 | €789 | = |
| Profit (loss) carried forward14 | €-72k | €-59k | €-60k | €-61k | €-61k | ▼ 0.3% |
| Amounts payable17/49 | €59k | €43k | €41k | €42k | €42k | ▲ 0.3% |
| Amounts payable after more than one year17 | €23k | €18k | €12k | €0 | - | - |
| Financial debts170/4 | €23k | €18k | €12k | €0 | - | - |
| Amounts payable within one year42/48 | €35k | €25k | €30k | €42k | €42k | ▲ 0.3% |
| Current portion of amounts payable after more than one year42 | €5k | €6k | €6k | €0 | - | - |
| Financial debts43 | - | - | €1 | €0 | - | - |
| Credit institutions430/8 | - | - | €1 | €0 | - | - |
| Trade debts44 | €11k | €11k | €7k | €0 | - | - |
| Suppliers440/4 | €11k | €11k | €7k | €0 | - | - |
| Taxes, remuneration and social security45 | €381 | €3k | €11 | €0 | - | - |
| Taxes450/3 | €381 | €3k | €11 | €0 | - | - |
| Other amounts payable47/48 | €18k | €6k | €16k | €42k | €42k | ▲ 0.3% |
| Accrued charges and deferred income492/3 | €600 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €136 | €13k | €-2k | €-566 | €-201 | ▲ 64.5% |
| Operating cash flow (approximation) | €136 | €13k | €-2k | €-566 | €-201 | ▲ 64.5% |
| Investment in fixed assets (approximation) | - | €1k | - | - | - | - |
| Change in cash | - | €-790 | €-2k | €70 | €-68 | ▼ 197% |
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
15-09
State Gazette act
Legal-form change · End & cessationAppointment: Ann De Causmaecker (statutory auditor) · Capital · Declaration31 facts ▸
State Gazette act
Legal-form change · End & cessation
Appointment: Ann De Causmaecker (statutory auditor) · Capital · Declaration31 facts ▸
- General meeting, 28-08-2026
- Capital
- Director in office, KIRCHHOFF Didier (non-statutory director)
- Director in office, DE SADELEIR Jeanine Charline Bertha (non-statutory director)
- Other statement, agenda
- Declaration, waiver, Verzaking aan de oproepingsformaliteiten en termijnen en aan het ter beschikking stellen van de stukken zoals voorzien in het Wetboek van vennootschappe…
- Declaration, negations
- Declaration, company status
- Net-asset statement, 07-06-2026
- Declaration, taxes and provisions
- Auditor appointment, Ann De Causmaecker
- Auditor report, 06-08-2026
- +19 further facts in this act
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial
Highest result since 2018net €13k ▲9,631%
Operating result €15k, net result €13k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
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.
Location & real-estate footprint
Registered office, Middelkerke
Ground area
771 m²
Building footprint
686 m²
Volume, LiDAR
12,013 m³
Parcel 35322C0283/00V025, Flanders · tallest building 33.2 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35322C0283/00V025 | Flanders | 771 m² | 1 · 686 m² | 33.2 m · 5 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.
Statutory auditor
1 auditor| Ann De CausmaeckerCurrent Auditor | 11-07-2026 → present |
Articles of association
Other provisions of the articles (4)
- Other statement (4)
Structure & network
Connections & network
No current directors or connected companies found in the register.
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 15-09-2026 ↗
- DE SADELEIR Jeanine Charline Bertha 375 shares
- KIRCHHOFF Didier 375 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 15-09-2026 Capital stated in the act · 750 shares