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SOURCE

Active Private limited companyfounded 2022active for 4 yearsRue du Broux,Hanret 14, 5310 EghezéeKBO/BCE: BE 0789.909.206

Overview

Lifetime

4 annual accounts with figures on one time axis
peak €68,474 (2023)
€15,154▲ €18,314
lowest -€6,274 (2024)
€9,010▲ €15,284
peak €54,701 (2025)
€54,701▲ 19.7%
€31,966▲ 47.2%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from -€3,160 to €15,154Back to profit: €9,010Registered office moved from Jodoigne to Eghezée 24-01Equity from €45,691 to €54,701Debts from €21,712 to €31,966Cash from €15,959 to €57,015

Key points

from the 2025 annual accounts

Turnover

≈ €120,000 estimated

The micro format states no turnover.

Filings

4 annual accounts 61 days
AprilJune31 JulyOctober2022202320242025

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,326 companies had the same profile as SOURCE has now. Each dot stands for 99 companies, two years later.

95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 39,326 companies, not a prediction for 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

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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

Board and ownership

Director, since 24-08-2022
Director, since 24-08-2022
  • founderdeed of 26-08-2022
  • founderdeed of 26-08-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0789909206
Registered office moved from Jodoigne to Eghezée New registered office: rue du Broux 14-5310 EGHEZEE · Previous registered office: Rue du Soldat Larivière 45 bte A, 1370 JODOIGNE · Gazette deed
Incorporation Founding capital of €3,000 · Founders: ; · Appointments: (director) and (director) · published on 26-08-2022 · Gazette deed
First establishment Rue du Broux,Hanret 14, Eghezée
All 12 events

Comparable companies

same main activity, similar in size and age
Company
SOURCE Eghezée €86,667 €15,154 63.1% -
Soen & More Tienen €87,819 €16,466 84.9% -
The Grey Zemst €103,526 €14,215 38.6% -
MySpring Company Meise €76,849 €19,795 88.0% -
V&V Connect Kampenhout €102,555 €19,434 73.1% -
BDKN CONSULTING Grimbergen €77,636 €16,221 61.1% -
LOUIAN Genk €74,214 €22,359 66.8% -

These companies have the same main activity as SOURCE: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €74,200 and €104,000, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 24-08-2022Normal situation
Activity
Employment placement agenciesNACE 78100and 4 others
Establishment unit
2.335.378.5325310 Eghezée, since 24-08-2022
Financial year end
31 December
Peppol
Reachable since 06-01-2026
Company details

Annual accounts 2025

€15,154
€9,010
€54,701▲ 19.7%
€86,667▲ 28.6%
Filing
Filed on 30-09-2026
Financials

Insights on SOURCE

SOURCE files the micro format. That format states no turnover. The gross margin rose from €531 in 2022 to €15,154 in 2025.

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

Financials

Annual accounts 2025

micro format, filed on 30-09-2026, 61 days late
€15,154
▲ €18,314
€13,632
▲ €18,216
€9,010
▲ €15,284
€53,549
▲ 23.7%
63.1%
▼ 4.7 percentage points
2.70
▼ 0.30

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €120,000. Estimated: probably between €53,000 and €280,000.

Balance sheet

balance sheet total €86,667 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

63.1%

Higher than 61% of 1,024 companies in 2025.

2.70

Higher than 59% of 987 companies in 2025.

10.4%

Higher than 49% of 991 companies in 2025.

SOURCE Middle half of the sector 80% of the sector Micro accounts in employment activities (NACE 78)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022
Balance sheet: assets
20/58 86,66767,40281,38110,603
21/28 1,5472,4812,1733,890
22/27 1,5472,4812,1733,890
24 1,5472,4812,1733,890
29/58 85,12064,92279,2086,713
40/41 28,06548,29637,459-
40 28,06527,00337,459-
41 -21,293--
54/58 57,01515,95941,5636,197
490/1 40667187516
Balance sheet: equity and liabilities
10/49 86,66767,40281,38110,603
10/15 54,70145,69151,964-329
10/11 3,0003,0003,0003,000
13 42,69142,69148,964-
133 42,69142,69148,964-
14 9,010---3,329
17/49 31,96621,71229,41710,932
42/48 31,57021,64629,32910,868
44 7,33515,275622,030
440/4 7,33515,275622,030
45 18,4075,59727,769803
450/3 10,9075,59726,269803
454/9 7,500-1,500-
47/48 5,8287731,4988,036
492/3 396668864
Income statement
9900 15,154-3,16068,474531
630 9337932,282744
640/8 588631339432
66A ---2,649
9901 13,632-4,58465,853-3,294
75/76B -645--
75 -645--
65/66B 1,6591,5972535
65 1,6591,5972535
9903 11,974-5,53665,600-3,299
67/77 2,96473713,30730
9904 9,010-6,27452,293-3,329
9905 9,010-6,27452,293-3,329
Appropriation of the result
9906 9,010-6,27448,964-3,329
14P 0--3,329-
791/2 -6,274--
691/2 --48,964-
6921 --48,964-
Document PDFPDFPDFPDF

The notes to these accounts have 6 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 2025 at the NBB, filed on 30-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00534924.

Financial year Type Filed Reference Document
31-12-2025 micro format 30-09-2026 2026-00534924 PDF
31-12-2024 micro format 30-07-2025 2025-00357889 PDF
31-12-2023 micro format 14-08-2024 2024-00348943 PDF
31-12-2022 micro format 31-08-2023 2023-00436164 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022
14,566-3,79168,136-2,550
9,944-5,48054,575-2,585
02,3075657,284
41,056-25,60435,366-
53,54943,27649,880-4,155
63.1%67.8%63.9%-3.1%
2.703.002.700.62
0.580.480.57-
16.5%-13.7%100.6%-
10.4%-9.3%64.3%-31.4%
8.78-2.37over 100-509.95

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.

Investments

fixed assets acquired
Item2025202420232022
Tangible fixed assets-€2,307€565€4,635
Intangible fixed assets---€2,649
€933€793€2,282€744

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on SOURCE

The operating result for 2025 is a profit of €13,632, after a loss of €4,584 in 2024.

Debt's share of the balance-sheet total rises from 32.2% to 36.9%. Equity and debt are higher.

Board & ownership

Board

2 directors, since incorporation
Director (not named in the articles)
since 24-08-2022 term without a fixed end
listed in the 2025 annual accounts, filed on 30-09-2026
Director (not named in the articles)
since 24-08-2022 term without a fixed end
listed in the 2025 annual accounts, filed on 30-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 12. Pouvoir de représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit…”
deed of 26-08-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director (not named in the articles)

Director (not named in the articles)
Board
Mandates as a list
    • Director (not named in the articles), from 24-08-2022 to date
    • Director (not named in the articles), from 24-08-2022 to date

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

Control

Founders
,
This company
SOURCE
Equity €54,701
Profit €9,010 in 2025

Capital

Contribution
€3,000
Source
deed of 26-08-2022

Articles of association

deed of 26-08-2022 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of June at 10:00

Founders

At incorporation deed of 26-08-2022 ↗
  • founder
  • founder

Network & group

No group

SOURCE has no parent and no holdings in its annual accounts. SOURCE shares no director with another company.

Timeline

Timeline

12 events since 2022

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 61 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0789909206
2025
Back to profit net €9,010 The net result is €9,010, after one loss-making year.
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
Registered office moved from Jodoigne to EghezéeNew registered office: rue du Broux 14-5310 EGHEZEE · Previous registered office: Rue du Soldat Larivière 45 bte A, 1370 JODOIGNE1 point ▸
  • Registered-office move, rue du Broux 14-5310 EGHEZEE
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2024
Weakest financial year net -€6,274 The net result drops to -€6,274, the lowest from 2022 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 14 days late
2023
Back to profit net €52,293 The net result is €52,293, after one loss-making year.
Liquidity more than quadruples current ratio 2.70 The current ratio rises from 0.62 to 2.70.
Annual accounts 2022 filed PDFmicro format · 31 days late
2022
IncorporationFounding capital of €3,000 · Founders: ; · Appointments: (director) and (director) · published on 26-08-20227 points ▸
  • Founder,
  • Founder,
  • Founding capital, €3,000
  • 100 shares
  • Registered office clause, Rue du Soldat Larivière 45/A, 1370 Jodoigne
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment Rue du Broux,Hanret 14, Eghezée

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 24 August 2022, SOURCE was incorporated as a private limited company by two natural persons, with a starting capital of €3,000.12 In 2025 the registered office moved to Eghezée.3 Of the 2 current board members, 2 have served since 2022.4 Total assets went from €10,603 in 2022 to €86,667 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 26-08-2022
  3. 3Belgian Official Gazette, 24-01-2025
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2022 and 2025

Company details

Identity

Enterprise number
0789.909.206
VAT number
BE 0789.909.206
Peppol ID
0208:0789909206
Other Peppol ID
9925:BE0789909206
Legal form
Private limited company
Status
Active, normal situation
Founded
24-08-2022
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of June at 10:00
deed of 26-08-2022 (in French)
Peppol
Reachable since 06-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SOURCE in French
Entity type
Legal entity

Activities

NACEBEL 2025
78100 Employment placement agencies main activity
Codes under NACEBEL 2008
78100 Employment placement agencies main activity
62020 IT consultancy
70210 Activities of head offices; management consultancy activities
70220 Business consulting
85592 Vocational training
PurposeThe purpose describes the activities the company may carry out under its articles.
“Activité des agences de placement de main d’œuvre,comprenant notamment la recherche,la sélection,l’orientation et le placement de…”
14 activities
  1. Activité des agences de placement de main d’œuvre,comprenant notamment la recherche,la sélection,l’orientation et le placement de personnel,y compris par les services publics pour l'emploi,les activités de recherche et de placement de cadres,le placement pour le compte d'entreprises de personnel ayant perdu son emploi suite à une réorganisation(outplacement),les activités des agences de mannequins,d'hôtesses,des agences et bureaux de casting,telles que les agences de distribution de rôles(films,émissions de TV,productions théâtrales ou autres spectacles etc...),les agences locales pour l'emploi(ALE)
  2. Conseil en relation publique et en communication,notamment le conseil et l’assistance opérationnelle,y compris les activités de lobbying,apportés aux entreprises et autres organisations en matière de relations publiques et de communication.La consultance(avis dans le domaine des relations publiques et communication)
  3. Conseil pour les affaires et autres conseils de gestion,notamment la conception de méthodes ou procédures comptables,de programme de comptabilisation des dépenses,de procédures de contrôle budgétaire,le conseil et l’assistance aux entreprises et aux services publics en matière de planification,d’organisation,de recherche du rendement,de contrôle,d’information de gestion,etc.
  4. La consultance(avis dans le domaine de la gestion d'entreprises),le conseil en développement pour des organisations nationales,internationales,et de la société civile
  5. La formation professionnelle comprenant formation continue pour adultes(actifs,non actifs,indépendants)dans le cadre de la vie professionnelle,dispensée par des organisations spécialisées,animation des workshops(formation professionnelle),formation dans les domaines liés à la communication interne et externe,animation dans les domaines de la communication interne et externe
  6. L’enseignement comprenant notamment,le tutorat universitaire,les écoles de devoirs,les centres de formation offrant des cours de rattrapage,les cours de révision en vue d’examens professionnels,les cours de langues et de compétences conversationnelles,la formation informatique hors du cadre de la formation professionnelle continue,l’enseignement à caractère spécifiquement religieux(séminaires et similaires)
  7. La programmation informatique couvant la conception,la modification,le test et la prise en charge des logiciels
  8. Le conseil informatique
  9. Les activités d’ingénierie(c’est-à-dire l’application des lois physiques et principes d’ingénierie dans la conception de machines,matériaux,instruments,structures,processus et systèmes)et de conseil dans les domaines suivants:machines,processus et sites industriels,l'élaboration de projets comportant des activités ayant trait au génie civil,au génie hydraulique,à la technique du trafic,projets de gestion de l’eau,conception et réalisation de projets intéressant le génie électrique et électronique,le génie minier,le génie chimique,le génie mécanique,le génie industriel,l’ingénierie de systèmes,de techniques de sécurité,...L’élaboration de projets faisant appel aux techniques de la climatisation,de la réfrigération,de l’assainissement et de la lutte contre la pollution,au génie acoustique,etc.Les activités de recherche et de prospection géophysiques,géologiques et sismologiques:observation et mesures de surface pour recueillir des informations sur la structure du sous-sol et l'emplacement des gisements de pétrole,de gaz naturel,de minéraux et de nappes d'eau souterraines.Les activités de recherches géodésiques:levé hydrographique,levé souterrain,levé de délimitation,cartographie et activités de collecte de données géographiques,y compris par la photographie aérienne,levé à des fins industrielles et techniques.Automatisation des systèmes de refroidissement
  10. Activités de marchands de biens immobiliers comprenant notamment:l’achat et la vente de biens immobiliers propres,les transactions sur biens propres tels que fonds de commerce,droit à bail et pas de porte,l'organisation de visites et vente de maisons et appartements pour compte propre
  11. Les activités de promotion immobilière pour la construction d’immeubles résidentiels
  12. Le commerce de détail d’ouvrages en bois,liège et vannerie,le commerce de détail de systèmes de sécurité à alarmes électriques,de dispositifs de verrouillage et de coffres-forts,sans services d’installation ou de maintenance,le commerce de détail d'autres articles de ménage
  13. La fabrication d’essences et de produits aromatiques naturels,la fabrication de résinoïdes,la fabrication de compositions à base de produits odoriférants pour la parfumerie ou l’alimentation,la fabrication d’eaux distillées aromatiques,création/mélange de fleurs de bach
  14. Le commerce de détail de café,le commerce de détail de condiments et épices,d’huiles et graisses comestibles,les autres commerces de détail alimentaires n.c.a.,le commerce de détail de produits Herbalife,la vente de produits alimentaires liés au sport,de type barres énergétiques,la vente au détail de confiseries saines,fabriquer ses propres milkshakes et barres et les proposer à la vente après un cours de sport,fabrication et livraison de paniers de petit déjeuner
deed of 26-08-2022 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue du Broux,Hanret 14 registered office 5310 Eghezée 24-08-2022 2.335.378.532
1 former office
  • Rue du Soldat Larivière 45 bte, 1370 Jodoigne until 01-09-2024 · deed of 24-01-2025

Buildings and parcels at the address

Ground area
3,533 m²
Buildings
99 m²
Volume, LiDAR
4 m³
Tallest building
0.1 m
Buildings to scale, each on its own parcel
99 m², 0.1 m 99 m², 0.1 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
92062D0046/00X0023,533 m² 1 · 99 m² 0.1 m