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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
I'LL BE BAG from Kraainem, company number BE0428663388, closed financial year 2025 with a result of € 1,638 after tax. For that financial year I'LL BE BAG recorded a gross margin of € -1,788 and equity of € -43,226. Compared with financial year 2024, the result moved from € -1,932 to € 1,638. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ -43,226
▲ € 1,638 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,638
▲ still € 1,932 loss in 2024
Profit after tax over the fiscal year.
€ 2,505
▼ 31% 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 € -105,226.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 905
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,571 | € -1,436 | € -2,430 | € -1,788 | ▲ € 641 |
| Profit after taxes | € -6,091 | € -3,289 | € -1,932 | € 1,638 | ▲ € 3,570 |
| Equity | € -39,643 | € -42,932 | € -44,864 | € -43,226 | ▲ € 1,638 |
| Total debts | € 125,817 | € 117,065 | € 117,860 | € 118,765 | ▲ 1% |
| Cash | € 8,833 | € 4,353 | € 3,646 | € 2,505 | ▼ 31% |
| Retained profit | € -101,643 | € -104,932 | € -106,864 | € -105,226 | ▲ € 1,638 |
| Balance sheet total | € 86,174 | € 74,133 | € 72,996 | € 75,539 | ▲ 3% |
Key figures of I'LL BE BAG, 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 I'LL BE BAG?
What happened at I'LL BE BAG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrick Vandervliet stepped down as director. NBB
- Respel NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1,638. Source: NBB ↗
- Patrick Vandervliet became a director. NBB
- Respel NV became a director. NBB
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,091 loss in 2022 to € 1,638 profit in 2025.
Best year ever: 2025, with € 1,638 profit.
Management
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Vast vertegenwoordiger rechtspersoon
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Hertogenstraat 13
1950 Kraainem
Vergoteplein 19
1200 Sint-Lambrechts-Woluwe
Active since 2 August 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.663.388
- VAT number
- BE 0428.663.388
- Registered office
- Hertogenstraat 13, 1950 Kraainem
- Names & denominations
- I'LL BE BAG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 1986
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Groothandel in andere consumentenartikelen, neg