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 7.5 to 5.8.
Financials
Financial year 2025
FULLMARK from Nivelles, company number BE0431207758, closed financial year 2025 with a result of € 219,089 after tax. For that financial year FULLMARK recorded a gross margin of € 1.2 million and equity of € 985,700. Compared with financial year 2024, the result moved from € 638,727 to € 219,089. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 985,700
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 219,089
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 128,078
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 650,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5.8
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 945,028
▼ 4% vs 2024
€ 162,900 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.
€ 23,189
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 606,465
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 123,401
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,565,940 | € 1,942,927 | € 1,792,451 | € 1,185,423 | ▼ 34% |
| Profit after taxes | € 743,118 | € 1,076,504 | € 638,727 | € 219,089 | ▼ 66% |
| Equity | € 1,471,836 | € 1,416,610 | € 1,416,610 | € 985,700 | ▼ 30% |
| Total debts | € 1,523,316 | € 2,333,805 | € 1,854,195 | € 1,526,721 | ▼ 18% |
| Cash | € 511,287 | € 457,219 | € 480,291 | € 128,078 | ▼ 73% |
| Land & buildings | € 431,820 | € 0 | - | - | |
| Retained profit | € 1,409,836 | € 1,354,610 | € 1,354,610 | € 923,700 | ▼ 32% |
| Dividend | € 360,000 | € 1,131,730 | € 638,727 | € 650,000 | ▲ 2% |
| Bank debt | € 160,909 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,995,152 | € 3,750,415 | € 3,270,805 | € 2,512,420 | ▼ 23% |
| Employees (FTE) | 5.6 | 7.5 | 6.4 | 5.8 | ▼ 0.6 |
Key figures of FULLMARK, 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 FULLMARK?
What happened at FULLMARK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 219,089 (▼ 66% vs 2024). Source: NBB ↗
- Matixis BV became a director. NBB
- The Safety Culture Company BV became a director. NBB
- Samurai@Work NV became a director. NBB
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 743,118 profit in 2022 to € 219,089 profit in 2025.
Paid € 525,282 in corporate taxes since 2022.
Best year ever: 2023, with € 1.1 million profit.
On average € 204,400 of value added per employee in 2025.
Management
Behind FULLMARK are Matixis BV, The Safety Culture Company BV and Samurai@Work NV. Matixis BV is also behind Upixis Group.
Directors
According to the 2025 annual accounts
since 2024
Director · represented by Pieter De Mil
since 2024
Managing director · represented by Pieter De Mil
since 2024
Establishments
Establishment units
Physical locations of this company
Avenue Thomas Edison 121
1402 Nivelles
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.207.758
- VAT number
- BE 0431.207.758
- Registered office
- Avenue Thomas Edison 121, 1402 Nivelles
- Names & denominations
- FULLMARK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 1987
- Peppol
- Active · Active since 1 Jan 2001
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