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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Golf and Services Company from Ukkel, company number BE0440829465, closed financial year 2025 with a result of € -103,629 after tax. For that financial year Golf and Services Company recorded a gross margin of € 48,358 and equity of € 139,899. Compared with financial year 2024, the result moved from € -87,035 to € -103,629. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 139,899
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -103,629
▼ 19 % more loss than in 2024
Profit after tax over the fiscal year.
€ 44,818
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -110,101.
People and assets in 2025
€ 60,525
▼ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 30,464
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 515,553
▼ 7% vs 2024
€ 39,633 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 31,477
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,791
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 213,759 | € 211,909 | € 77,245 | € 48,358 | ▼ 37% |
| Profit after taxes | € 65,964 | € 41,680 | € -87,035 | € -103,629 | ▼ € 16,594 |
| Equity | € 328,883 | € 330,564 | € 243,528 | € 139,899 | ▼ 43% |
| Total debts | € 916,005 | € 935,980 | € 878,891 | € 817,285 | ▼ 7% |
| Cash | € 10,416 | € 122,023 | € 76,717 | € 44,818 | ▼ 42% |
| Land & buildings | € 649,946 | € 646,189 | € 620,856 | € 595,523 | ▼ 4% |
| Retained profit | € 78,883 | € 80,564 | € -6,472 | € -110,101 | ▼ € 103,629 |
| Dividend | € 0 | € 40,000 | € 0 | € 0 | |
| Bank debt | € 510,742 | € 583,768 | € 554,541 | € 515,553 | ▼ 7% |
| Balance sheet total | € 1,244,889 | € 1,266,544 | € 1,122,419 | € 957,184 | ▼ 15% |
| Employees (FTE) | 1.8 | - | - | - |
Key figures of Golf and Services Company, 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 Golf and Services Company?
What happened at Golf and Services Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CODICUIR NEW SPRL stepped down as director. NBB
- JEAN TOUSSAINT stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 103,629. filed late Source: NBB ↗
- CODICUIR NEW SPRL became a director. NBB
- JEAN TOUSSAINT became a director. NBB
- New establishment in Tubize. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,964 profit in 2022 to € 103,629 loss in 2025.
Paid € 1,173 in corporate taxes since 2022.
Best year ever: 2022, with € 65,964 profit.
On average € 118,800 of value added per employee in 2022.
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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
The stake of CODICUIR (NEW) comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Golf and Services CompanyThe shares are held by CODICUIR (NEW) (14.1%).
Directors
According to the 2025 annual accounts
Director · represented by John TOUSSAINT
since 2022 · until 2028
JEAN TOUSSAINT
Managing director
since 2022 · until 2028
Shareholders
14.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
André Ryckmanslaan 1 box 5
1180 Ukkel
Rue Ilya Prigogine 11-13
1480 Tubize
Active since 15 June 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
- 0440.829.465
- VAT number
- BE 0440.829.465
- Registered office
- André Ryckmanslaan 1 bus 5, 1180 Ukkel
- Names & denominations
- Golf and Services Company
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 1990
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
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