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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LA SOURCE from Profondeville, company number BE0432721552, closed financial year 2025 with a result of € 5,452 after tax. For that financial year LA SOURCE recorded a gross margin of € 60,159 and equity of € 420,309. Compared with financial year 2024, the result moved from € -468 to € 5,452. Profitable, and profit is growing. 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 11, 2026.
€ 420,309
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,452
▲ still € 468 loss in 2024
Profit after tax over the fiscal year.
€ 11,431
▲ 114% 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 € -28,283.
People and assets in 2025
€ 23,968
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 322,885
▼ 6% vs 2024
€ 18,672 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 1,349
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,150 | € 55,971 | € 54,040 | € 60,159 | ▲ 11% |
| Profit after taxes | € -23,215 | € 7,029 | € -468 | € 5,452 | ▲ € 5,920 |
| Equity | € 408,296 | € 415,325 | € 414,857 | € 420,309 | ▲ 1% |
| Total debts | € 549,314 | € 508,290 | € 472,749 | € 429,846 | ▼ 9% |
| Cash | € 2,186 | € 4,941 | € 5,338 | € 11,431 | ▲ 114% |
| Land & buildings | € 472,836 | € 471,576 | € 470,317 | € 469,058 | |
| Retained profit | € -40,296 | € -33,267 | € -33,735 | € -28,283 | ▲ € 5,452 |
| Bank debt | € 376,913 | € 361,257 | € 345,280 | € 322,885 | ▼ 6% |
| Balance sheet total | € 957,610 | € 923,615 | € 887,606 | € 850,155 | ▼ 4% |
Key figures of LA 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 LA SOURCE?
What happened at LA SOURCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,452. Source: NBB ↗
- Marie-Noëlle MARCHAL became a director. NBB
- Lionel MARCHAL became a director. NBB
- Marie LORGE became a director. NBB
- Georges MARCHAL became a director. NBB
- New establishment in Profondeville. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,215 loss in 2022 to € 5,452 profit in 2025.
Paid € 3 in corporate taxes since 2022.
Best year ever: 2023, with € 7,029 profit.
Management
Behind LA SOURCE are Marie-Noëlle MARCHAL, Georges MARCHAL, Lionel MARCHAL and Marie LORGE. Marie-Noëlle MARCHAL is also behind MARJACQ.
Directors
According to the 2025 annual accounts
since 2021
Georges MARCHAL
Director
since 2002
Lionel MARCHAL
Director
since 2021
Marie LORGE
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Avenue Général Gracia 11
5170 Profondeville
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.721.552
- VAT number
- BE 0432.721.552
- Registered office
- Avenue Général Gracia 11, 5170 Profondeville
- Names & denominations
- LA SOURCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1987
- Peppol
- Active · Active since 2 Feb 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant