Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2023, 2025.
Financials
Financial year 2025
IN ADVANCE from Brussel, company number BE0450538571, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year IN ADVANCE recorded revenue of € 62.3 million and equity of € 12 million. Compared with financial year 2024, the result moved from € 1.8 million to € 2.6 million. 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 July 2, 2026.
€ 12 million
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.6 million
▲ 49% vs 2024
Profit after tax over the fiscal year.
€ 2.5 million
▼ 54% 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 € 11.7 million.
People and assets in 2025
119
▼ 6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9 million
▲ 3% vs 2024
€ 75,400 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.
€ 85,748
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▲ 244% vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 10.8 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.
€ 916,783
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 51,784,905 | € 45,384,990 | € 61,230,642 | € 62,303,192 | ▲ 2% |
| Profit after taxes | € 792,605 | € 739,970 | € 1,776,502 | € 2,638,844 | ▲ 49% |
| Equity | € 8,822,536 | € 9,160,793 | € 9,335,582 | € 11,972,714 | ▲ 28% |
| Total debts | € 19,970,007 | € 17,796,471 | € 25,725,954 | € 23,699,878 | ▼ 8% |
| Cash | € 3,128,803 | € 1,406,906 | € 5,374,746 | € 2,471,650 | ▼ 54% |
| Land & buildings | € 1,473,243 | € 1,414,269 | € 1,336,064 | € 1,257,859 | ▼ 6% |
| Retained profit | € 8,553,011 | € 8,892,981 | € 9,069,482 | € 11,708,326 | ▲ 29% |
| Dividend | € 500,000 | € 400,000 | € 1,600,000 | € 0 | ▼ 100% |
| Bank debt | € 1,276,272 | € 489,302 | € 374,824 | € 1,290,500 | ▲ 244% |
| Balance sheet total | € 28,966,099 | € 27,086,871 | € 35,193,354 | € 35,925,221 | ▲ 2% |
| Employees (FTE) | 130.5 | 126 | 125 | 119 | ▼ 6 |
Key figures of IN ADVANCE, 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 IN ADVANCE?
What happened at IN ADVANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe De Blauwe stepped down as director. NBB
- Catherine Laurent stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. Source: NBB ↗
- Philippe De Blauwe became a director. NBB
- Catherine Laurent became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 792,605 profit in 2022 to € 2.6 million profit in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.6 million profit.
Paid out € 2.5 million in dividends to the owners in total.
A new publication or filing at IN ADVANCE? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Philippe De Blauwe
Managing director
since 2023 · until 2029
Catherine Laurent
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Waterranonkelstraat 2 box E
1130 Brussel
Waterranonkelstraat 2 box E-C
1130 Brussel
Active since 2 September 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →S.M. JACQUES DELENS - IN ADVANCE
BB GOVERNMENT SERVICES GMBH
SM IN ADVANCE-BPC "BOULODROME"
S.M. BELGOLAISE
SOCIETE PATRIMONIALE D'ADMINISTRATION DES BATIMENTS SCOLAIRES DU RESEAU LIBRE NON CONFESSIONNEL DES ECOLES NON AFFILIEES DE LA FEDERATION WALLONIE-BRUXELLES
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.538.571
- VAT number
- BE 0450.538.571
- Registered office
- Waterranonkelstraat 2 bus E, 1130 Brussel
- Names & denominations
- IN ADVANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1993
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
Bouw van autowegen en andere wegen
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten
Algemene bouw van residentiële gebouwen
Schilderen van gebouwen
Installatie van isolatie
Stukadoorswerk
Algemene bouw van kantoorgebouwen
Algemene bouw van andere niet-residentiële gebouwen
+7