Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMPULSE from Ronse, company number BE0438178890, closed financial year 2025 with a result of € -47,397 after tax. For that financial year IMPULSE recorded a gross margin of € 46,267 and equity of € 11 million. Compared with financial year 2024, the result moved from € -826,102 to € -47,397. The company made a loss. 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 June 25, 2026.
€ 11 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,397
▲ 94 % less loss than in 2024
Profit after tax over the fiscal year.
€ 668,233
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10.9 million.
People and assets in 2025
€ 164,761
▼ 30% 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.
€ 35,777
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 75,581
▼ 10% 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 | € -273,696 | € -9,842 | € 9,173 | € 46,267 | ▲ € 37,095 |
| Profit after taxes | € 9,027,425 | € -145,721 | € -826,102 | € -47,397 | ▲ € 778,705 |
| Equity | € 11,994,986 | € 11,849,265 | € 11,023,163 | € 10,975,766 | |
| Total debts | € 1,877,199 | € 3,195,384 | € 3,466,832 | € 3,576,215 | ▲ 3% |
| Cash | € 2,879,354 | € 882,615 | € 734,942 | € 668,233 | ▼ 9% |
| Land & buildings | € 777,447 | € 2,687,122 | € 2,622,660 | € 2,572,920 | ▼ 2% |
| Retained profit | € 11,877,237 | € 11,731,516 | € 10,905,413 | € 10,858,017 | |
| Balance sheet total | € 13,872,185 | € 15,044,649 | € 14,489,995 | € 14,551,981 |
Key figures of IMPULSE, 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 IMPULSE?
What happened at IMPULSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 47,397. Source: NBB ↗
- CAPRI M BV became a director. NBB
- EM-JE BV became a director. NBB
- PROJECT M BV became a director. NBB
- Colette STEYAERT became a director. NBB
- ANTOON VERSCHELDEN became a director. NBB
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
In short
From € 9 million profit in 2022 to € 47,397 loss in 2025.
Paid € 15,081 in corporate taxes since 2022.
Best year ever: 2022, with € 9 million profit.
Management
The stake of EM-JE PROJECTS, CAPRI.M, PROJECT M comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMPULSEBehind IMPULSE are EM-JE BV, CAPRI M BV, PROJECT M BV, Colette STEYAERT and ANTOON VERSCHELDEN. The shares are held by EM-JE PROJECTS (33%), CAPRI.M (13.3%) and PROJECT M (13%). It owns 15% of SWEETCO itself.
Directors
According to the 2025 annual accounts
Administrator-manager · represented by Thomas Verschelden
since 2022
Administrator-manager · represented by Marie Verschelden
since 2023
Administrator-manager · represented by Mathieu Verschelden
since 2022
Colette STEYAERT
Administrator-manager
since 2022
ANTOON VERSCHELDEN
Administrator-manager
since 2022
Shareholders
Participations
15%
Establishments
Establishment units
Physical locations of this company
Maquisstraat 35
9600 Ronse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.178.890
- VAT number
- BE 0438.178.890
- Registered office
- Maquisstraat 35, 9600 Ronse
- Names & denominations
- IMPULSE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 1989
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
Detailhandel in schoeisel