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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Source from Brussel, company number BE0410699483, closed financial year 2025 with a result of € 11,200 after tax. For that financial year Source recorded a gross margin of € 2.1 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 77,181 to € 11,200. 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 9, 2026.
€ 1.9 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,200
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 196,382
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
31.3
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 4% vs 2024
€ 61,800 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.
€ 6,570
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 465,531
▼ 6% vs 2024
€ 32,827 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 21,435
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 345,675
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,987,188 | € 1,879,738 | € 2,014,228 | € 2,147,217 | ▲ 7% |
| Profit after taxes | € 45,113 | € 30,609 | € 77,181 | € 11,200 | ▼ 85% |
| Equity | € 1,753,971 | € 1,747,445 | € 1,888,532 | € 1,927,102 | ▲ 2% |
| Total debts | € 1,060,905 | € 926,722 | € 893,687 | € 856,831 | ▼ 4% |
| Cash | € 549,483 | € 154,287 | € 316,861 | € 196,382 | ▼ 38% |
| Land & buildings | € 1,837,432 | € 1,890,010 | € 1,775,609 | € 1,974,630 | ▲ 11% |
| Retained profit | € 878,018 | € 314,359 | € 391,540 | € 402,740 | ▲ 3% |
| Bank debt | € 559,684 | € 529,004 | € 497,627 | € 465,531 | ▼ 6% |
| Balance sheet total | € 3,052,225 | € 2,971,517 | € 3,138,719 | € 3,189,433 | ▲ 2% |
| Employees (FTE) | 33.3 | 33.1 | 33.1 | 31.3 | ▼ 1.8 |
Key figures of Source, fiscal years 2022 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 Source?
What happened at Source in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JEAN-FRANCOIS TAYMANS stepped down as director. NBB
- THIERRY MERTENS stepped down as director. NBB
- MURAT KARAKAOGLU stepped down as director. NBB
- ERIC VAN HUFFEL D'HEYNSBROECK stepped down as director. NBB
- ALAIN DE LONGUEVILLE stepped down as director. NBB
- GUY VAN DER BRUGGEN stepped down as director. NBB
- CLAIRE MEYER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 11,200 (▼ 85% vs 2024). Source: NBB ↗
In short
From € 45,113 profit in 2022 to € 11,200 profit in 2025.
Paid € 2,067 in corporate taxes since 2022.
Best year ever: 2024, with € 77,181 profit.
On average € 68,600 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
JEAN-FRANCOIS TAYMANS
Director
Also active at: Fondation des Annales du Notariat et de l'Enregistrement
since 2023 · until 2029
THIERRY MERTENS
Director
since 2023 · until 2029
MURAT KARAKAOGLU
Personne déléguée à la gestion journalière
since 2023 · until 2029
ERIC VAN HUFFEL D'HEYNSBROECK
Chairman of the board
since 2023 · until 2029
since 2023 · until 2029
GUY VAN DER BRUGGEN
Director
since 2023 · until 2029
CLAIRE MEYER
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Zennestraat 78
1000 Brussel
Zennestraat 63
1000 Brussel
Active since 1 January 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0410.699.483
- VAT number
- BE 0410.699.483
- Registered office
- Zennestraat 78, 1000 Brussel
- Names & denominations
- Source
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 17 January 1959
- Peppol
- Not registered
- Activities · NACE
Algemeen welzijnswerk met huisvesting
Overige maatschappelijke dienstverlening met huisvesting, n.e.g.