Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 11.5 to 6.9.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Eurosense Belfotop from Tielt, company number BE0405198296, closed financial year 2024 with a result of € 685,516 after tax. For that financial year Eurosense Belfotop recorded a gross margin of € 548,123 and equity of € 4.2 million. Compared with financial year 2023, the result moved from € 773,690 to € 685,516. The company is profitable. 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 June 2, 2025.
€ 4.2 million
▲ 19% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 685,516
▼ 11% vs 2023
Profit after tax over the fiscal year.
€ 178,704
▼ 78% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 213,018.
People and assets in 2024
6.9
▼ 3.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 656,208
▼ 43% vs 2023
€ 95,100 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.
€ 333,368
▼ 55% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 223,950
▼ 46% vs 2023
€ 181,744 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 83,611
▼ 41% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 116,657
▼ 22% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,647,955 | € 2,193,826 | € 1,861,633 | € 548,123 | ▼ 71% |
| Profit after taxes | € 178,054 | € 613,085 | € 773,690 | € 685,516 | ▼ 11% |
| Equity | € 3,523,863 | € 2,758,058 | € 3,531,748 | € 4,217,264 | ▲ 19% |
| Total debts | € 4,552,346 | € 4,361,544 | € 1,775,003 | € 424,709 | ▼ 76% |
| Cash | € 18,502 | € 97,982 | € 828,007 | € 178,704 | ▼ 78% |
| Retained profit | € -651,137 | € -1,246,188 | € -472,498 | € 213,018 | ▲ € 685,516 |
| Bank debt | € 2,046,438 | € 1,152,350 | € 415,162 | € 223,950 | ▼ 46% |
| Balance sheet total | € 8,076,209 | € 7,119,602 | € 5,306,751 | € 4,641,972 | ▼ 13% |
| Employees (FTE) | 10.2 | 11.5 | 10.3 | 6.9 | ▼ 3.4 |
Key figures of Eurosense Belfotop, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Eurosense Belfotop?
What happened at Eurosense Belfotop in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 685,516 (▼ 11% vs 2023). Source: NBB ↗
- Frederik WAÛTERS became a director. NBB
- Sylvia MAES became a director. NBB
- André JADOT became a director. NBB
- Virginie MAES became a director. NBB
- New establishment in Grimbergen. KBO
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 178,054 profit in 2021 to € 685,516 profit in 2024.
Paid € 2,842 in corporate taxes since 2021.
Best year ever: 2023, with € 773,690 profit.
On average € 79,400 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MAVY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Eurosense BelfotopBehind Eurosense Belfotop are Frederik WAÛTERS, Sylvia MAES, André JADOT and Virginie MAES. The shares are held by MAVY (100%). It owns 100% of WALPHOT, 100% of EUROSENSE SP ZOO, 100% of EUROSENSE GMBH, 100% of EUROSENSE KFT and 100% of EUROSENSE EOOD itself.
Directors
According to the 2024 annual accounts
Frederik WAÛTERS
Director
Also active at: Société wallonne de Photogrammetrie, EUROSENSE TECHNOLOGIES, Ir. F. Waûters, Frevir
since 2017
since 2017
André JADOT
Director
Also active at: Société wallonne de Photogrammetrie, FINHEUSTER, ESRI BELUX, IR A. JADOT
since 2017
Virginie MAES
Director
Also active at: Société wallonne de Photogrammetrie, EUROSENSE TECHNOLOGIES, MAVY
since 2017
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Gruuthusestraat 6 box 3
8700 Tielt
Boechoutlaan 103 box 0.01
1853 Grimbergen
Active since 1 December 1970
Oude Stationstraat 144
8700 Tielt
Active since 1 April 1964
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 →EUROSENSE TECHNOLOGIES same network
€ 557,818 gross margin · 2023
Terra Incognita
KANTOOR VERBRUGGHE & Co
€ 404,815 gross margin · 2025
OPTIMUS ACCOUNTANCY
€ 289,863 gross margin · 2025
THIST
€ 1.9 million gross margin · 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
- 0405.198.296
- VAT number
- BE 0405.198.296
- Registered office
- Gruuthusestraat 6 bus 3, 8700 Tielt
- Names & denominations
- Eurosense Belfotop
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 1964
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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