What does R-STREAM do?

R-STREAM is an advertising agency in Watermaal-Bosvoorde. Public Limited, started on 12 September 1989, 1 establishment.

What is the address of R-STREAM?

The registered office of R-STREAM is located at Terhulpsesteenweg 185, 1170 Watermaal-Bosvoorde.

Is R-STREAM still active?

Yes. According to the CBE (29 October 2026) R-STREAM is active, legal situation “Normale toestand”, started on 12 September 1989.

Is R-STREAM registered on Peppol?

Yes, R-STREAM is registered on the Peppol network with ID 0208:0438381008.

What is the enterprise number of R-STREAM?

The enterprise number of R-STREAM is BE0438381008.

When was R-STREAM founded?

R-STREAM was founded on 12 September 1989.

Who are the directors of R-STREAM?

According to the 2025 annual accounts, the directors of R-STREAM are: Airpar SRL, Taste Consult SRL, Stéphane Buisseret SRL.

Is R-STREAM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 September 1989; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did R-STREAM make in 2025?

R-STREAM recorded a loss after taxes of € 173,966 in financial year 2025.

What is the revenue of R-STREAM?

As a small company, R-STREAM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 408,001.

How much does an employee at R-STREAM earn?

The average wage cost per full-time employee at R-STREAM was € 44,000 in 2025: staff costs of € 457,449 for 10.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does R-STREAM have?

According to the 2025 annual accounts, R-STREAM has 10.4 full-time equivalents (FTE).

R-STREAM (Public Limited) - Watermaal-Bosvoorde

Dossier R-STREAM, printed on 29 October 2026 from databakkes.be/en/0438381008/r-stream. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.
Busy address KBO

56 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

R-STREAM from Watermaal-Bosvoorde, company number BE0438381008, closed financial year 2025 with a result of € -173,966 after tax. For that financial year R-STREAM recorded a gross margin of € 408,001 and equity of € 131,085. Compared with financial year 2024, the result moved from € -478,616 to € -173,966. The company made a loss. The buffer shrank hard: equity is 57 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.

What it is worth Shrank hard

€ 131,085

▼ 57% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -173,966

▲ 64 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 121,184

▼ 39% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 69,085.

People and assets in 2025

Full-time equivalents

10.4

▲ 5.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 457,449

▲ 14% vs 2024

€ 44,000 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.

Vehicles and equipment

€ 172

▼ 57% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 150,811

▲ 9% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 80,183

▼ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 6,484,628 Revenue 2022: € 6,484,628 First fiscal year in the series	€ 2,563,544 Revenue 2023: € 2,563,544 ▼ 60% vs 2022 (€ 6,484,628) Unfavourable step	-	-
Gross margin	-	-	€ 148,244 Gross margin 2024: € 148,244 First fiscal year in the series	€ 408,001 Gross margin 2025: € 408,001 ▲ 175% vs 2024 (€ 148,244) Favourable step	▲ 175%
Profit after taxes	€ 57,767 Profit after taxes 2022: € 57,767 First fiscal year in the series	€ 146,252 Profit after taxes 2023: € 146,252 ▲ 153% vs 2022 (€ 57,767) Favourable step	€ -478,616 Profit after taxes 2024: € -478,616 ▼ € 624,868 vs 2023 (€ 146,252) Unfavourable step	€ -173,966 Profit after taxes 2025: € -173,966 ▲ € 304,650 vs 2024 (€ -478,616) Favourable step	▲ € 304,650
Equity	€ 637,415 Equity 2022: € 637,415 First fiscal year in the series	€ 783,667 Equity 2023: € 783,667 ▲ 23% vs 2022 (€ 637,415) Favourable step	€ 305,051 Equity 2024: € 305,051 ▼ 61% vs 2023 (€ 783,667) Unfavourable step	€ 131,085 Equity 2025: € 131,085 ▼ 57% vs 2024 (€ 305,051) Unfavourable step	▼ 57%
Total debts	€ 2,650,248 Total debts 2022: € 2,650,248 First fiscal year in the series	€ 879,945 Total debts 2023: € 879,945 ▼ 67% vs 2022 (€ 2,650,248) Favourable step	€ 225,154 Total debts 2024: € 225,154 ▼ 74% vs 2023 (€ 879,945) Favourable step	€ 488,821 Total debts 2025: € 488,821 ▲ 117% vs 2024 (€ 225,154) Unfavourable step	▲ 117%
Cash	€ 1,229,050 Cash 2022: € 1,229,050 First fiscal year in the series	€ 906,677 Cash 2023: € 906,677 ▼ 26% vs 2022 (€ 1,229,050) Unfavourable step	€ 200,112 Cash 2024: € 200,112 ▼ 78% vs 2023 (€ 906,677) Unfavourable step	€ 121,184 Cash 2025: € 121,184 ▼ 39% vs 2024 (€ 200,112) Unfavourable step	▼ 39%
Retained profit	€ 575,415 Retained profit 2022: € 575,415 First fiscal year in the series	€ 721,667 Retained profit 2023: € 721,667 ▲ 25% vs 2022 (€ 575,415) Favourable step	€ 243,051 Retained profit 2024: € 243,051 ▼ 66% vs 2023 (€ 721,667) Unfavourable step	€ 69,085 Retained profit 2025: € 69,085 ▼ 72% vs 2024 (€ 243,051) Unfavourable step	▼ 72%
Dividend	€ 1,250,000 Dividend 2022: € 1,250,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 1,250,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 3,424,243 Balance sheet total 2022: € 3,424,243 First fiscal year in the series	€ 1,663,612 Balance sheet total 2023: € 1,663,612 ▼ 51% vs 2022 (€ 3,424,243) Unchanged	€ 530,205 Balance sheet total 2024: € 530,205 ▼ 68% vs 2023 (€ 1,663,612) Unchanged	€ 619,906 Balance sheet total 2025: € 619,906 ▲ 17% vs 2024 (€ 530,205) Unchanged	▲ 17%
Employees (FTE)	17 Employees (FTE) 2022: 17 First fiscal year in the series	4.7 Employees (FTE) 2023: 4.7 ▼ 12.3 vs 2022 (17) Unchanged	4.7 Employees (FTE) 2024: 4.7 Unchanged (4.7) Unchanged	10.4 Employees (FTE) 2025: 10.4 ▲ 5.7 vs 2024 (4.7) Unchanged	▲ 5.7

Key figures of R-STREAM, 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 R-STREAM?

What happened at R-STREAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 26, 2026 New annual accounts for financial year 2025: loss of € 173,966. filed late Source: NBB ↗
2025 Taste Consult SRL became a director. NBB
2023 Airpar SRL became a director. NBB
2023 Stéphane Buisseret SRL became a director. NBB
Oct 18, 1989 New establishment in Watermaal-Bosvoorde. KBO
Sep 12, 1989 Start of the company according to the CBE. KBO

In short

From € 57,767 profit in 2022 to € 173,966 loss in 2025.

Paid € 7,356 in corporate taxes since 2022.

Best year ever: 2023, with € 146,252 profit.

On average € 39,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

R-FIN PARTNERS 100%

STEPHANE BUISSERET 50%

AIRPAR

The stake of R-FIN PARTNERS, STEPHANE BUISSERET, AIRPAR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

R-STREAM

Behind R-STREAM are Airpar SRL, Taste Consult SRL and Stéphane Buisseret SRL. The shares are held by R-FIN PARTNERS (100%), STEPHANE BUISSERET (50%) and AIRPAR.

Directors

According to the 2025 annual accounts

Airpar SRL

Managing director · represented by Eric Hollander

Also active at: AddRetail, R-FIN PARTNERS, AIR

since 2023

Taste Consult SRL

Director · represented by Philip Greenfield

Also active at: AddRetail, R-FIN PARTNERS, AIR

since 2025

Stéphane Buisseret SRL

Managing director · represented by Stéphane Buisseret

Also active at: European Property Management Corporation, AddRetail, R-FIN PARTNERS, AIR

since 2023

Shareholders

R-FIN PARTNERS

100%

STEPHANE BUISSERET

50%

AIRPAR

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Terhulpsesteenweg 185

1170 Watermaal-Bosvoorde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 56 companies are registered at this address.

All companies at this address →

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0438.381.008

VAT number

BE 0438.381.008

Registered office

Terhulpsesteenweg 185, 1170 Watermaal-Bosvoorde

Names & denominations

R-STREAM · AIRCA

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 September 1989

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Activiteiten van reclamebureaus

Publiciteitsagentschappen

Uitgeven van overige software

Ontwerpen van computerprogramma’s

Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗