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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
La Clé des Champs from Waterloo, company number BE0420869043, closed financial year 2025 with a result of € -18,052 after tax. For that financial year La Clé des Champs recorded revenue of € 68,385 and equity of € 17,403. Compared with financial year 2024, the result moved from € -20,189 to € -18,052. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 17,403
▼ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,052
▲ 11 % less loss than in 2024
Profit after tax over the fiscal year.
€ 62,360
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
14.3
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 2% vs 2024
€ 76,300 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.
€ 3,328
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,092
▲ € 9,811 vs 2024
Loans from banks and other lenders, long and short.
€ 19,737
▲ 105% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 159,177
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 44,484 | € 48,700 | € 43,987 | € 68,385 | ▲ 55% |
| Gross margin | € 956,130 | € 1,034,727 | € 1,076,480 | € 1,128,105 | ▲ 5% |
| Profit after taxes | € 23,043 | € 2,170 | € -20,189 | € -18,052 | ▲ € 2,137 |
| Equity | € 70,226 | € 65,389 | € 33,358 | € 17,403 | ▼ 48% |
| Total debts | € 194,823 | € 186,333 | € 189,231 | € 245,424 | ▲ 30% |
| Cash | € 58,998 | € 55,554 | € 55,561 | € 62,360 | ▲ 12% |
| Land & buildings | € 96,920 | € 100,051 | € 81,576 | € 102,156 | ▲ 25% |
| Retained profit | € -10,054 | € -7,884 | € -28,073 | € -46,125 | ▼ € 18,052 |
| Bank debt | € 8,318 | € 3,917 | € 281 | € 10,092 | ▲ € 9,811 |
| Balance sheet total | € 265,049 | € 251,722 | € 222,589 | € 262,827 | ▲ 18% |
| Employees (FTE) | 13.8 | 13.9 | 15.1 | 14.3 | ▼ 0.8 |
Key figures of La Clé des Champs, 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 La Clé des Champs?
What happened at La Clé des Champs in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,052. Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,043 profit in 2022 to € 18,052 loss in 2025.
Best year ever: 2022, with € 23,043 profit.
On average € 78,900 of value added per employee in 2025.
Management
Behind La Clé des Champs are LUC TONNEAU, Martine ANNOYE, MICHEL BOGAERTS and JUAN de MEEUS D'ARGENTEUIL. LUC TONNEAU is also behind Elitis Real Estate, PRODEFIN, Real Estate Investment Opportunities Fund, DEVLOP Bomel Land and Wilink Real Estate.
Directors
According to the 2025 annual accounts
LUC TONNEAU
Director
Also active at: Elitis Real Estate, PRODEFIN, Real Estate Investment Opportunities Fund, DEVLOP Bomel Land, Wilink Real Estate, ALTRO FINANCE & INSURANCE BELGIUM
Martine ANNOYE
Director
MICHEL BOGAERTS
Director
JUAN de MEEUS D'ARGENTEUIL
Chairman of the board
Establishments
Establishment units
Physical locations of this company
Drève de l'Infante 77
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.869.043
- VAT number
- BE 0420.869.043
- Registered office
- Drève de l'Infante 77, 1410 Waterloo
- Names & denominations
- La Clé des Champs
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 28 August 1980
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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