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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
18 - 20 from Schaarbeek, company number BE0439054167, closed financial year 2025 with a result of € -25,110 after tax. For that financial year 18 - 20 recorded a gross margin of € -4,672 and equity of € -66,858. Compared with financial year 2024, the result moved from € -44,923 to € -25,110. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ -66,858
▼ € 25,110 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,110
▲ 44 % less loss than in 2024
Profit after tax over the fiscal year.
€ 19,881
▲ € 15,961 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -250,315.
People and assets in 2025
€ 8,048
▼ 53% 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.
€ 5,364
▲ 73% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 144,611 | € -68,770 | € -24,687 | € -4,672 | ▲ € 20,015 |
| Profit after taxes | € 108,561 | € -87,483 | € -44,923 | € -25,110 | ▲ € 19,812 |
| Equity | € 90,659 | € 3,175 | € -41,747 | € -66,858 | ▼ € 25,110 |
| Total debts | € 54,217 | € 115,748 | € 151,286 | € 178,617 | ▲ 18% |
| Cash | € 59,603 | € 7,047 | € 3,920 | € 19,881 | ▲ € 15,961 |
| Land & buildings | € 49,579 | € 49,579 | € 49,579 | € 49,579 | |
| Retained profit | € -92,799 | € -180,282 | € -225,205 | € -250,315 | ▼ € 25,110 |
| Balance sheet total | € 144,876 | € 118,924 | € 109,538 | € 111,759 | ▲ 2% |
Key figures of 18 - 20, 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 18 - 20?
What happened at 18 - 20 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,110. Source: NBB ↗
- CAPITIS MANAGEMENT SPRL stepped down as director. NBB
- CAPITIS MANAGEMENT SPRL became a director. NBB
- PETER VAN DEN BOSCH became a director. NBB
- ARTHUR VAN DEN BOSCH became a director. NBB
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 108,561 profit in 2022 to € 25,110 loss in 2025.
Paid € 21,965 in corporate taxes since 2022.
Best year ever: 2022, with € 108,561 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind 18 - 20 are ARTHUR VAN DEN BOSCH and PETER VAN DEN BOSCH. The same people are also behind IMMO CAMILLE. PETER VAN DEN BOSCH is also behind CAPITIS Management.
Directors
According to the 2025 annual accounts
since 1990
since 1998
since 2013 · until 2021
Establishments
Establishment units
Physical locations of this company
Huart Hamoirlaan 18-20
1030 Schaarbeek
Huart Hamoirlaan 18 2
1030 Schaarbeek
Active since 2 February 1990
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.054.167
- VAT number
- BE 0439.054.167
- Registered office
- Huart Hamoirlaan 18-20, 1030 Schaarbeek
- Names & denominations
- 18 - 20
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 1989
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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