2 directorsHidden nameVisible after signing in 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 Eghezée24-01Equity from €45,691 to €54,701Debts from €21,712 to €31,966Cash from €15,959 to €57,015
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
XXVisible after signing in
HiddenVisible after signing in
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
XXVisible after signing in
Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
XXVisible after signing in
XXVisible after signing in
XXVisible after signing in
Score breakdown
Visible after signing inVisible after signing in
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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
Visible after signing inVisible after signing in
Credit check for an amount and term of your choice
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: Hidden nameVisible after signing in; Name after signing inVisible after signing in · Appointments: Name hiddenVisible after signing in (director) and Hidden nameVisible after signing in (director) · published on 26-08-2022 · Gazette deed
First establishment
Rue du Broux,Hanret 14, Eghezée
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
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
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
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.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
2023
2022
14,566
-3,791
68,136
-2,550
9,944
-5,480
54,575
-2,585
0
2,307
565
7,284
41,056
-25,604
35,366
-
53,549
43,276
49,880
-4,155
63.1%
67.8%
63.9%
-3.1%
2.70
3.00
2.70
0.62
0.58
0.48
0.57
-
16.5%
-13.7%
100.6%
-
10.4%
-9.3%
64.3%
-31.4%
8.78
-2.37
over 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
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
2023
2022
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
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
2 names, the dashed line is today
2022202320242025202620272028
Name hiddenVisible after signing in Director (not named in the articles)
Hidden nameVisible after signing in Director (not named in the articles)
Board
Mandates as a list
Name after signing inVisible after signing in
Director (not named in the articles), from 24-08-2022 to date
Name hiddenVisible after signing in
Director (not named in the articles), from 24-08-2022 to date
Name after signing inVisible after signing infounder
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
Filings
Financial
Establishments
Address
20222023202420252026
Deadline for the 2026 accounts:
31-07-2027
2026
Annual accounts 2025 filedNBB ↗micro format · 61 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0789909206
2025
Back to profitnet €9,010 The net result is €9,010, after one loss-making year.
Annual accounts 2024 filedPDFmicro 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
Weakest financial yearnet -€6,274 The net result drops to -€6,274, the lowest from 2022 to 2025. It recovers the following year.
Annual accounts 2023 filedPDFmicro format · 14 days late
2023
Back to profitnet €52,293 The net result is €52,293, after one loss-making year.
Liquidity more than quadruplescurrent ratio 2.70 The current ratio rises from 0.62 to 2.70.
Annual accounts 2022 filedPDFmicro format · 31 days late
2022
IncorporationFounding capital of €3,000 · Founders: Name after signing inVisible after signing in; Name hiddenVisible after signing in · Appointments: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director) · published on 26-08-20227 points ▸
Founder, Name hiddenVisible after signing in
Founder, Hidden nameVisible after signing in
Founding capital, €3,000
100 shares
Registered office clause, Rue du Soldat Larivière 45/A, 1370 Jodoigne
Director appointment, Name after signing inVisible after signing in (director (not named in the articles))
Director appointment, Name hiddenVisible after signing in (director (not named in the articles))
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 24 August 2022, SOURCE was incorporated as a private limited company by two natural persons, with a starting capital of €3,000.12In 2025 the registered office moved to Eghezée.3Of the 2 current board members, 2 have served since 2022.4Total assets went from €10,603 in 2022 to €86,667 in 2025.5
70210Activities of head offices; management consultancy activities
70220Business consulting
85592Vocational 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
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)
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)
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.
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
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
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)
La programmation informatique couvant la conception,la modification,le test et la prise en charge des logiciels
Le conseil informatique
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
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
Les activités de promotion immobilière pour la construction d’immeubles résidentiels
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
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
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