Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Splendid from Oudsbergen, company number BE0404107245, closed financial year 2025 with a result of € 655,573 after tax. For that financial year Splendid recorded revenue of € 1.7 million and equity of € 59.8 million. Compared with financial year 2024, the result moved from € -754,243 to € 655,573. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 59.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 655,573
▲ still € 754,243 loss in 2024
Profit after tax over the fiscal year.
€ 126,955
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 12.7 million.
People and assets in 2025
3.6
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 261,774
▲ 29% vs 2024
€ 72,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 81,529
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.1 million
Loans from banks and other lenders, long and short.
€ 48,096
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.
€ 158,969
▲ 97% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 1,576,000 | € 1,775,361 | € 1,696,200 | ▼ 4% |
| Profit after taxes | € 61,795 | € 1,172,243 | € -754,243 | € 655,573 | ▲ € 1.4 million |
| Equity | € 12,271,849 | € 29,901,688 | € 59,147,444 | € 59,803,018 | ▲ 1% |
| Total debts | € 14,621,399 | € 4,427,184 | € 4,264,323 | € 11,247,212 | ▲ 164% |
| Cash | € 517,196 | € 359,428 | € 123,429 | € 126,955 | ▲ 3% |
| Land & buildings | € 150,707 | € 97,571 | € 97,571 | € 97,571 | |
| Retained profit | € 1,096,849 | € 12,813,417 | € 12,059,174 | € 12,714,747 | ▲ 5% |
| Bank debt | € 13,876,447 | € 0 | € 0 | € 7,100,000 | |
| Balance sheet total | € 26,893,248 | € 34,328,872 | € 63,411,767 | € 71,050,230 | ▲ 12% |
| Employees (FTE) | - | 2.3 | 2.7 | 3.6 | ▲ 0.9 |
Key figures of Splendid, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Splendid?
What happened at Splendid in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 655,573. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Antwerpen. KBO
In short
From € 61,795 profit in 2021 to € 655,573 profit in 2025.
Paid € 253,232 in corporate taxes since 2021.
Best year ever: 2023, with € 1.2 million profit.
Pays suppliers within 29 days on average.
Management
Behind Splendid are Ben Vaessen, AMJ Beheer BV and Jozef Vaessen. It owns 100% of Belux, 100% of Kreon, 100% of Project Stadsgraaf, 100% of LMP Immo, 100% of Babeco and 100% of Vi Solar itself.
Directors
According to the 2025 annual accounts
Ben Vaessen
Bestuurder
Also active at: DROOGHMANS, KREON, LIMEPARTS, BABECO, OMMERSTEIN, LMP IMMO, cf2, PROJECT STADSGRAAF +6 more
Bestuurder · represented by André Bomans
Also active at: KREON, LIMEPARTS, BABECO, LMP IMMO, cf2, PROJECT STADSGRAAF, ZENZYVILLE, ALU COINVEST +3 more
Jozef Vaessen
Bestuurder
Establishments
Establishment units
Physical locations of this company
Industrieweg-Noord 1152
3660 Oudsbergen
Frankrijklei 112
2000 Antwerpen
Active since 1 August 1947
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →KREON same network
€ 18.1 million revenue · 2025
BABECO same network
€ 1.1 million revenue · 2025
cf2 same network
€ -48,031 gross margin · 2025
Q-LANA EUROPE
€ -1,403 gross margin · 2025
PROJECT STADSGRAAF same network
€ 522,376 revenue · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.107.245
- VAT number
- BE 0404.107.245
- Registered office
- Industrieweg-Noord 1152, 3660 Oudsbergen
- Names & denominations
- Splendid
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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