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 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TUBESTATE from Namur, company number BE0440145715, closed financial year 2025 with a result of € 59,124 after tax. For that financial year TUBESTATE recorded a gross margin of € 108,972 and equity of € 335,781. Compared with financial year 2024, the result moved from € -54,911 to € 59,124. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 335,781
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,124
▲ still € 54,911 loss in 2024
Profit after tax over the fiscal year.
€ 54,675
▲ € 54,213 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 € 273,781.
Debts at end 2025
€ 205,805
▼ 38% vs 2024
€ 144,061 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 4,504
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,239 | € 6,284 | € 633 | € 108,972 | ▲ € 108,339 |
| Profit after taxes | € -140,689 | € -85,167 | € -54,911 | € 59,124 | ▲ € 114,035 |
| Equity | € 416,736 | € 331,568 | € 276,657 | € 335,781 | ▲ 21% |
| Total debts | € 715,283 | € 732,703 | € 750,361 | € 723,331 | ▼ 4% |
| Cash | € 8,418 | € 3,647 | € 462 | € 54,675 | ▲ € 54,213 |
| Land & buildings | € 1,076,518 | € 1,045,352 | € 1,014,185 | € 983,018 | ▼ 3% |
| Retained profit | € 354,736 | € 269,568 | € 214,657 | € 273,781 | ▲ 28% |
| Bank debt | € 592,594 | € 464,798 | € 331,795 | € 205,805 | ▼ 38% |
| Balance sheet total | € 1,132,019 | € 1,064,271 | € 1,027,018 | € 1,059,112 | ▲ 3% |
Key figures of TUBESTATE, 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 TUBESTATE?
What happened at TUBESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 59,124. filed late Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 140,689 loss in 2022 to € 59,124 profit in 2025.
Best year ever: 2025, with € 59,124 profit.
Establishments
Establishment units
Physical locations of this company
Chemin de Potisseau(WP) 49
5100 Namur
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
- 0440.145.715
- VAT number
- BE 0440.145.715
- Registered office
- Chemin de Potisseau(WP) 49, 5100 Namur
- Names & denominations
- TUBESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 1990
- Peppol
- Active · Active since 20 Dec 2025