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 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
A & B from Asse, company number BE0429149081, closed financial year 2025 with a result of € 253,458 after tax. For that financial year A & B recorded a gross margin of € 503,838 and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 4.1 million to € 253,458. 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 January 20, 2026.
€ 5.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 253,458
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 80,654
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
59 % of the profit went to the shareholders, mostly to DEN AST (100 % of the shares). That is where the money ends up.
People and assets in 2025
€ 318,705
▲ € 315,743 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 521,269
▼ 42% vs 2024
Loans from banks and other lenders, long and short.
€ 44,179
▲ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 203
▼ 96% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 461,283 | € 476,288 | € 462,638 | € 503,838 | ▲ 9% |
| Profit after taxes | € 343,571 | € 1,077,202 | € 4,112,205 | € 253,458 | ▼ 94% |
| Equity | € 5,188,727 | € 5,269,529 | € 5,447,334 | € 5,550,792 | ▲ 2% |
| Total debts | € 2,086,591 | € 1,721,930 | € 3,970,022 | € 1,977,881 | ▼ 50% |
| Cash | € 117,037 | € 151,618 | € 83,957 | € 80,654 | ▼ 4% |
| Land & buildings | € 2,113,592 | € 1,977,393 | € 1,840,497 | € 1,703,601 | ▼ 7% |
| Retained profit | € 5,158,727 | € 5,239,529 | € 5,417,334 | € 5,520,792 | ▲ 2% |
| Dividend | € 0 | € 996,400 | € 3,934,400 | € 150,000 | ▼ 96% |
| Bank debt | € 2,048,924 | € 1,699,371 | € 895,000 | € 521,269 | ▼ 42% |
| Balance sheet total | € 7,411,131 | € 7,115,954 | € 9,530,533 | € 7,630,533 | ▼ 20% |
Key figures of A & B, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to A & B?
What happened at A & B in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 253,458 (▼ 94% vs 2024). Source: NBB ↗
- Sibylle Van Belle became a director. NBB
- Jos Van Belle became a director. NBB
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
In short
From € 343,571 profit in 2022 to € 253,458 profit in 2025.
Paid € 292,097 in corporate taxes since 2022.
Best year ever: 2024, with € 4.1 million profit.
Paid out € 5.1 million in dividends to the owners in total.
Management
The stake of DEN AST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
A & BBehind A & B are Sibylle Van Belle, Jos Van Belle and Rita De Vos. The shares are held by DEN AST (100%). It owns 99% of Ego, 90% of I - Advice, 67% of De Nerviër, 64.3% of Sibimo and 41% of Wetteren Department Stores itself.
Directors
According to the 2025 annual accounts
Sibylle Van Belle
Director
Also active at: I-ADVICE, M.H.F. - Themol, Van Belle, LIEVENS, VABELPA, EGO, SIBIMO, WETTEREN DEPARTMENT STORES +11 more
since 2023
Jos Van Belle
Director
Also active at: I-ADVICE, Van Belle, VABELPA, EGO, SIBIMO, WETTEREN DEPARTMENT STORES, DEN AST, STARFIN +9 more
since 2023
Rita De Vos
Director
Also active at: I-ADVICE, Van Belle, VABELPA, EGO, SIBIMO, WETTEREN DEPARTMENT STORES, DEN AST, DE NERVIËR +1 more
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Louwijn 18
1730 Asse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →I-ADVICE same network
€ 53,046 gross margin · 2026
EGO same network
€ 154,924 gross margin · 2025
SIBIMO same network
€ 87,302 gross margin · 2025
WETTEREN DEPARTMENT STORES same network
€ 126,285 gross margin · 2025
Initiatief Jong Vlaanderen in Europa
+6 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
- 0429.149.081
- VAT number
- BE 0429.149.081
- Registered office
- Louwijn 18, 1730 Asse
- Names & denominations
- A & B
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 1986
- Peppol
- Active · Active since 21 Aug 2025
- Activities · NACE
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