SubtleWorks (0462.039.110): annual accounts, directors and company register

SubtleWorks

Antwerp ·KBO/BCE: BE 0462.039.110

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%

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%

Company
SubtleWorks Antwerp	€166,064	-€7,321	6.9%	-
GROUPE DE CONSULTANCE ET D'ETUDES Watermael-Boitsfort	€185,514	-€1,822	98.1%	-
Sygel Geel	€124,572	-€43,608	72.3%	-
C&C ADVERTISING Antwerp	€211,395	€1,347	49.0%	-
WOUTERS LOGISTICS MANAGEMENT & CONSULTANCY Beveren-Kruibeke-Zwijndrecht	€174,830	-€3,911	72.3%	-
ANDRE GEEROMS Bekkevoort	€157,995	-€14,668	-144.6%	-
ELYROS Brussels	€178,047	-€4,408	83.5%	-

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Balance sheet: assets
`20/58`	166,064	220,430	205,908	242,209	314,639	428,216	311,008	165,282	121,108	100,850	163,247	103,369	148,422	171,087	168,823	235,169	190,209	166,978
`21/28`	73,263	143,236	130,967	132,277	142,901	200,033	78,330	36,466	28,160	29,227	39,816	53,913	77,269	78,776	97,369	114,505	110,104	96,944
`21`	15,212	20,727	26,242	35,894	45,685	8,552	12,828	17,104	-	-	-	-	-	-	-	-	-	-
`22/27`	58,051	34,236	16,452	8,110	8,943	15,039	15,016	19,258	18,056	29,123	39,712	53,809	77,165	78,672	97,265	114,401	110,000	96,840
`22`	-	-	-	-	-	1,691	3,382	6,969	13,577	20,186	26,795	36,122	53,757	71,392	89,027	106,662	105,332	90,856
`23`	51,942	29,551	10,556	7,294	7,802	10,816	8,764	10,316	1,488	1,272	-	871	1,790	1,226	2,143	3,315	4,487	5,659
`24`	5,401	3,977	5,188	108	433	1,824	2,162	1,265	2,283	6,957	12,209	16,108	20,910	5,346	6,095	4,424	181	262
`26`	708	708	708	708	708	708	708	708	708	708	708	708	708	708	-	-	-	-
`28`	-	88,273	88,273	88,273	88,273	176,442	50,486	104	10,104	104	104	104	104	104	104	104	104	104
`29/58`	92,801	77,194	74,941	109,932	171,738	228,183	232,678	128,816	92,948	71,623	123,431	49,456	71,153	92,311	71,454	120,664	80,105	70,034
`3`	-	-	-	-	29,379	29,380	29,380	21,960	6,693	-	-	-	-	-	-	-	-	-
`30/36`	-	-	-	-	29,379	29,380	29,380	21,960	6,693	-	-	-	-	-	-	-	-	-
`40/41`	42,208	19,264	16,109	72,152	42,985	69,490	73,587	70,913	53,560	46,791	44,894	15,623	18,058	40,469	46,694	95,951	14,222	33,186
`40`	33,793	303	302	60,399	22,828	39,828	39,525	46,785	30,249	-	-	-	9,438	32,158	36,170	70,664	-	18,335
`41`	8,415	18,961	15,807	11,753	20,157	29,662	34,062	24,128	23,311	46,791	44,894	15,623	8,620	8,311	10,524	25,287	14,222	14,851
`50/53`	-	-	-	-	-	22,672	22,672	-	-	-	-	-	-	-	-	-	-	-
`54/58`	49,881	53,219	54,121	37,780	47,399	52,741	31,991	35,943	28,695	22,833	63,320	23,281	40,777	51,842	24,760	-	8,650	-
`490/1`	712	4,711	4,711	-	51,975	53,900	75,048	-	4,000	1,999	15,217	10,552	12,318	-	-	24,713	57,233	36,848
Balance sheet: equity and liabilities
`10/49`	166,064	220,430	205,908	242,209	314,639	428,216	311,008	165,282	121,108	100,850	163,247	103,369	148,422	171,087	168,823	235,169	190,209	166,978
`10/15`	11,378	-22,879	32,164	70,047	-11,344	-13,816	-48,849	-62,824	-111,222	-71,828	101,252	95,943	77,561	66,238	40,477	90,914	76,239	71,099
`10/11`	168,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
`100`	-	-	-	-	-	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
`11`	-	-	-	18,592	18,592	-	-	-	-	-	-	-	-	-	-	-	-	-
`1109/19`	-	-	-	18,592	18,592	-	-	-	-	-	-	-	-	-	-	-	-	-
`13`	34,172	34,172	34,172	34,172	34,172	34,172	34,172	34,172	34,172	33,143	7,168	20,609	20,609	20,609	20,609	20,609	20,609	20,609
`130/1`	1,859	1,859	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	1,859	1,859	1,859	1,859	1,859	7,168	1,859	1,859	1,859	1,859	1,859	1,859	1,859
`1311`	1,859	1,859	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-
`132`	-	-	-	32,313	32,313	32,313	32,313	32,313	32,313	31,284	-	18,750	18,750	18,750	18,750	18,750	18,750	18,750
`133`	32,313	32,313	32,313	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`14`	-191,386	-75,643	-20,600	17,283	-64,108	-66,580	-101,613	-115,588	-163,986	-123,563	75,492	56,742	38,360	27,037	1,276	51,713	37,038	31,898
`17/49`	154,686	243,309	173,744	172,162	325,983	442,032	359,857	228,106	232,330	172,678	61,995	7,426	70,861	104,849	128,346	144,255	113,970	95,879
`17`	-	-	-	-	-	-	120,000	170,000	-	-	-	-	2,782	24,749	46,622	68,003	23,807	63,613
`170/4`	-	-	-	-	-	-	120,000	170,000	-	-	-	-	2,782	24,749	46,622	68,003	23,807	63,613
`42/48`	154,686	242,697	173,744	172,162	315,983	431,029	228,854	57,260	231,452	171,740	56,963	3,603	67,132	78,369	74,640	76,252	90,163	26,274
`42`	-	-	-	-	100,000	-	-	-	-	-	-	2,782	34,182	21,717	20,737	40,369	5,310	20,653
`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,783	-	2,171
`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,783	-	2,171
`44`	3,169	26,472	1,025	544	123	19,542	2,594	4,351	3,906	726	96	731	1,036	1,058	-	3,277	804	1,286
`440/4`	3,169	26,472	1,025	544	123	19,542	2,594	4,351	3,906	726	96	731	1,036	1,058	-	3,277	804	1,286
`45`	5,209	-	-	-	-	-	2,210	246	1,461	1,029	531	-	3,106	7,365	13,943	14,994	4,053	2,164
`450/3`	5,209	-	-	-	-	-	19	55	1,461	1,029	531	-	3,106	7,365	13,943	14,994	4,053	2,164
`454/9`	-	-	-	-	-	-	2,191	191	-	-	-	-	-	-	-	-	-	-
`47/48`	146,308	216,225	172,719	171,618	215,860	411,487	224,050	52,663	226,085	169,985	56,336	90	28,808	48,229	39,960	8,829	79,996	-
`492/3`	-	612	-	-	10,000	11,003	11,003	846	878	938	5,032	3,823	947	1,731	7,084	-	-	5,992
Income statement
`9900`	-7,321	-39,207	-36,565	96,749	128,101	56,084	45,786	68,135	-24,710	-153,376	28,777	71,325	50,967	53,402	59,002	63,122	44,272	47,333
`62`	-	-	-	-	-	7,311	15,519	1,277	-	-	-	-	-	-	-	-	-	-
`630`	18,633	13,671	15,409	12,717	13,084	10,958	11,389	14,089	12,998	12,496	15,450	23,356	23,585	19,300	19,616	19,368	17,054	18,653
`640/8`	178	988	212	101	100	-	972	1,395	1,841	1,457	1,007	1,222	952	726	1,167	18,481	102	12,631
`66A`	88,169	-	-	-	88,169	-	-	-	-	-	-	17,406	6,253	-	-	-	-	-
`9901`	-114,301	-53,866	-52,186	83,931	26,748	37,815	17,906	51,374	-39,549	-167,329	12,320	46,747	26,430	33,376	38,219	25,273	27,116	16,049
`75/76B`	-	-	16,123	-	137	36	-	-	-	-	1,510	6	-	7,623	1,151	150	2,442	36
`75`	-	-	16,123	-	137	36	-	-	-	-	1,510	6	-	7,623	1,151	150	2,442	36
`65/66B`	1,442	1,177	1,820	2,540	24,413	2,818	3,912	2,922	821	91	563	2,898	3,609	9,203	7,055	5,590	22,085	5,051
`65`	1,442	1,177	1,820	2,540	1,741	2,818	3,912	2,922	821	91	563	2,898	3,609	9,203	7,055	5,590	22,085	5,051
`66B`	-	-	-	-	22,672	-	-	-	-	-	-	-	-	-	-	-	-	-
`9903`	-115,743	-55,043	-37,883	81,391	2,472	35,033	13,994	48,452	-40,370	-167,420	13,267	26,449	16,568	31,796	32,315	19,833	7,473	11,034
`67/77`	-	-	-	-	-	-	19	54	53	4,630	7,959	8,067	5,245	6,035	12,752	5,158	2,333	1,282
`9904`	-115,743	-55,043	-37,883	81,391	2,472	35,033	13,975	48,398	-40,423	-172,050	5,308	18,382	11,323	25,761	19,563	14,675	5,140	9,752
`789`	-	-	-	-	-	-	-	-	-	-	18,750	-	-	-	-	-	-	-
`9905`	-115,743	-55,043	-37,883	81,391	2,472	35,033	13,975	48,398	-40,423	-172,050	24,058	18,382	11,323	25,761	19,563	14,675	5,140	9,752
Appropriation of the result
`9906`	-191,386	-75,643	-20,600	17,283	-64,108	-66,580	-101,613	-115,588	-163,986	-96,558	80,800	56,742	38,360	27,037	71,276	51,713	37,038	31,898
`14P`	-75,643	-20,600	17,283	-64,108	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	-	27,005	5,308	-	-	-	-	-	-	-
`6921`	-	-	-	-	-	-	-	-	-	27,005	5,308	-	-	-	-	-	-	-
`694/7`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70,000	-	-	-
`694`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70,000	-	-	-
Social balance sheet
`9087`	-	-	-	-	-	0.3	0.5	0.1	-	-	-	-	-	-	-	-	-	-
Hours worked`1013`	-	-	-	-	-	-	1,000	88	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	31-08-2026	2026-00461392	PDF
31-12-2024	micro format	29-08-2025	2025-00429580	PDF
31-12-2023	micro format	30-09-2024	2024-00479780	PDF
31-03-2022	micro format	02-11-2022	2022-20481251	PDF
31-03-2021	abbreviated format	30-09-2021	2021-71100444	PDF
31-03-2020	abbreviated format	30-09-2020	2020-59300297	PDF
31-03-2019	abbreviated format	28-09-2019	2019-67200358	PDF
31-03-2018	abbreviated format	31-08-2018	2018-60900198	PDF
31-03-2017	abbreviated format	29-09-2017	2017-66200097	PDF
31-03-2016	abbreviated format	30-09-2016	2016-63400506	PDF
31-03-2015	abbreviated format	24-10-2015	2015-65600162	PDF
31-03-2014	abbreviated format	30-10-2014	2014-66500429	PDF
31-03-2013	abbreviated format	29-10-2013	2013-64700043	PDF
31-03-2012	abbreviated format	28-09-2012	2012-59700337	PDF
31-03-2011	abbreviated format	14-12-2011	2011-63700505	PDF
31-03-2010	abbreviated format	28-10-2010	2010-59800183	PDF
31-03-2009	abbreviated format	29-12-2009	2009-91500302	PDF
31-03-2008	abbreviated format	12-11-2008	2008-81400334	PDF
31-03-2007	abbreviated format	31-10-2007	2007-78400360	PDF
31-03-2006	abbreviated format	31-10-2006	2006-86003706	PDF
31-03-2005	abbreviated format	28-09-2005	2005-71600211	PDF
31-03-2004	abbreviated format	30-11-2004	2004-81500047	PDF
31-03-2003	abbreviated format	30-09-2003	2003-69700166	PDF
31-03-2002	abbreviated format	24-07-2003	2003-47400180	PDF
31-12-2000	abbreviated format	12-10-2001	2001-63300283	PDF
31-12-1999	abbreviated format	18-09-2000	2000-56700106	PDF
31-12-1998	abbreviated format	29-10-1999	1999-55901654	PDF

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
-95,668	-40,195	-36,777	96,648	39,832	48,773	29,295	65,463	-26,551	-154,833	27,770	70,103	50,015	52,676	57,835	44,641	44,170	34,702
-97,110	-41,372	-22,474	94,108	15,556	45,991	25,364	62,487	-27,425	-159,554	20,758	41,738	34,908	45,061	39,179	34,043	22,194	28,405
36,933	25,940	14,099	2,093	44,121	132,661	53,253	32,395	11,931	1,907	1,353	0	22,078	707	2,480	23,769	30,214	-
-3,338	-902	16,341	-9,619	-5,342	20,750	-3,952	7,248	5,862	-40,487	40,039	-17,496	-11,065	27,082	-	-	-	-
-61,885	-165,503	-98,803	-62,230	-144,245	-202,846	3,824	71,556	-138,504	-100,117	66,468	45,853	4,021	13,942	-3,186	44,412	-10,058	43,760
6.9%	-10.4%	15.6%	28.9%	-3.6%	-3.2%	-15.7%	-38.0%	-91.8%	-71.2%	62.0%	92.8%	52.3%	38.7%	24.0%	38.7%	40.1%	42.6%
0.60	0.32	0.43	0.64	0.54	0.53	1.02	2.25	0.40	0.42	2.17	13.73	1.06	1.18	0.96	1.58	0.89	2.67
0.60	0.32	0.43	0.64	0.45	0.46	0.89	1.87	0.37	0.42	2.17	13.73	1.06	1.18	0.96	1.58	0.89	2.67
13.60	-	5.40	2.46	-	-	-	-	-	-	0.61	0.08	0.91	1.58	3.17	1.59	1.49	1.35
-	-	-117.8%	116.2%	-	-	-	-	-	-	5.2%	19.2%	14.6%	38.9%	48.3%	16.1%	6.7%	13.7%
-69.7%	-25.0%	-18.4%	33.6%	0.8%	8.2%	4.5%	29.3%	-33.4%	-170.6%	3.3%	17.8%	7.6%	15.1%	11.6%	6.2%	2.7%	5.8%
-66.34	-34.15	-20.21	38.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	31-03-2022
Tangible fixed assets	€36,933	€25,940	€14,099	€2,093
	€18,633	€13,671	€15,409	€12,717

DR KATRIEN SANDERS registered office since 28-02-2019 · founded in 2019	total assets €102,933 (2025) 0721.689.995
econsult registered office since 27-12-2022 · founded in 2022	total assets €31,109 (2025) 0795.419.004

Overview

Lifetime

Key points

Equity

Losses

Debts

Investments

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on SubtleWorks

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency6.9%

Current ratio0.60

Return on assets-69.7%

Staff

Staff cost per FTE

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on SubtleWorks

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

Holdings

Belgium 1 Equity Result

At the same address

Holdings and subsidiaries

Holdings 1

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in euro

in euro

6.9%

0.60

-69.7%