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.
Financials
Financial year 2025
TARGET INVEST from Wervik, company number BE0451897462, closed financial year 2025 with a result of € -40,581 after tax. For that financial year TARGET INVEST recorded a gross margin of € 94,486 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € -38,536 to € -40,581. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 2.2 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,581
▼ 5 % more loss than in 2024
Profit after tax over the fiscal year.
€ 31,323
▲ 167% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -520,601.
People and assets in 2025
0.3
Average over the fiscal year, from the social balance sheet.
€ 20,420
▲ 3% 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.
€ 2,548
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 617,464
▼ 19% vs 2024
€ 83,406 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 447,581
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,277
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,956 | € 119,541 | € 74,642 | € 94,486 | ▲ 27% |
| Profit after taxes | € 61,195 | € -37,039 | € -38,536 | € -40,581 | ▼ € 2,045 |
| Equity | € 2,277,881 | € 2,240,841 | € 2,202,306 | € 2,161,724 | ▼ 2% |
| Total debts | € 1,869,346 | € 1,712,580 | € 1,742,636 | € 1,589,450 | ▼ 9% |
| Cash | € 70,526 | € 6,288 | € 11,753 | € 31,323 | ▲ 167% |
| Land & buildings | € 608,699 | € 562,002 | € 517,678 | € 478,552 | ▼ 8% |
| Retained profit | € -404,444 | € -441,484 | € -480,019 | € -520,601 | ▼ € 40,581 |
| Bank debt | € 1,006,517 | € 894,169 | € 758,759 | € 617,464 | ▼ 19% |
| Balance sheet total | € 4,147,226 | € 3,953,421 | € 3,944,941 | € 3,751,175 | ▼ 5% |
| Employees (FTE) | 1 | 0.3 | 0.3 | 0.3 |
Key figures of TARGET INVEST, 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 TARGET INVEST?
What happened at TARGET INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Petra Moerman stepped down as director. NBB
- Dominique Bruyneel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 40,581. filed late Source: NBB ↗
- Petra Moerman became a director. NBB
- Dominique Bruyneel became a director. NBB
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,195 profit in 2022 to € 40,581 loss in 2025.
Paid € 34,849 in corporate taxes since 2022.
Best year ever: 2022, with € 61,195 profit.
On average € 52,000 of value added per employee in 2022.
Management
It owns 52.7% of PROTEA IBERICA, 30.7% of EURO YARNS MOLDAVIE and 21.5% of ILIAS TRADE itself.
Directors
According to the 2025 annual accounts
Petra Moerman
Director
since 2021 · until 2027
Dominique Bruyneel
Managing director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Ieperstraat 177
8940 Wervik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0451.897.462
- VAT number
- BE 0451.897.462
- Registered office
- Ieperstraat 177, 8940 Wervik
- Names & denominations
- TARGET INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 1994
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Groothandel in weefsels, stoffen en fournituren
Holdings
Detailhandel in andere huishoudelijke artikelen, neg
Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.