Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
E40 from Asse, company number BE0451180157, closed financial year 2025 with a result of € -2,066 after tax. For that financial year E40 recorded a gross margin of € -1,182 and equity of € -139,683. Compared with financial year 2024, the result moved from € -2,071 to € -2,066. 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 September 25, 2025.
€ -139,683
▼ € 2,066 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,066
Profit after tax over the fiscal year.
€ 8
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -201,683.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,565
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,402 | € -1,144 | € -1,260 | € -1,182 | ▲ € 77 |
| Profit after taxes | € -2,156 | € -1,899 | € -2,071 | € -2,066 | |
| Equity | € -133,648 | € -135,547 | € -137,618 | € -139,683 | ▼ € 2,066 |
| Total debts | € 136,407 | € 138,540 | € 140,745 | € 143,099 | ▲ 2% |
| Cash | € 5 | € 13 | € 87 | € 8 | ▼ 91% |
| Retained profit | € -195,648 | € -197,547 | € -199,618 | € -201,683 | ▼ € 2,066 |
| Balance sheet total | € 2,759 | € 2,993 | € 3,127 | € 3,416 | ▲ 9% |
Key figures of E40, 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 October 2026.
What happened to E40?
What happened at E40 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,066. Source: NBB ↗
- Yves Wingels became a director. NBB
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,156 loss in 2022 to € 2,066 loss in 2025.
Management
Behind E40 is Yves Wingels.
Directors
According to the 2025 annual accounts
Yves Wingels
Bestuurder
since 2012
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 390
1730 Asse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0451.180.157
- VAT number
- BE 0451.180.157
- Registered office
- Brusselsesteenweg 390, 1730 Asse
- Names & denominations
- E40
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 1993
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Sanering en ander afvalbeheer
Schrijnwerk