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.
Financials
Financial year 2025
BUSINESS from Etterbeek, company number BE0453241309, closed financial year 2025 with a result of € 39,539 after tax. For that financial year BUSINESS recorded a gross margin of € 256,583 and equity of € -112,487. Compared with financial year 2024, the result moved from € 151,654 to € 39,539. The company is profitable. 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 January 30, 2026.
€ -112,487
▲ € 39,539 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,539
▼ 74% vs 2024
Profit after tax over the fiscal year.
€ 31,839
▼ 46% 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 € -224,040.
People and assets in 2025
11.8
▲ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 145,640
▼ 12% vs 2024
€ 12,300 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.
€ 3,450
▼ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 517,939
▼ 1% vs 2024
€ 17,379 is repaid this year. At this pace the long-term loan is gone in ≈ 30 years.
€ 28,619
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,242
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 331,692 | € 338,607 | € 388,475 | € 256,583 | ▼ 34% |
| Profit after taxes | € -19,954 | € 87,779 | € 151,654 | € 39,539 | ▼ 74% |
| Equity | € -391,460 | € -303,681 | € -152,027 | € -112,487 | ▲ € 39,539 |
| Total debts | € 1,079,849 | € 1,011,809 | € 818,866 | € 789,574 | ▼ 4% |
| Cash | € 44,886 | € 80,035 | € 58,921 | € 31,839 | ▼ 46% |
| Retained profit | € -503,012 | € -415,233 | € -263,579 | € -224,040 | ▲ € 39,539 |
| Bank debt | € 592,914 | € 545,095 | € 521,544 | € 517,939 | ▼ 1% |
| Balance sheet total | € 688,390 | € 708,128 | € 666,840 | € 677,087 | ▲ 2% |
| Employees (FTE) | 212,856.9 | - | 9 | 11.8 | ▲ 2.8 |
Key figures of BUSINESS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BUSINESS?
What happened at BUSINESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,539 (▼ 74% vs 2024). Source: NBB ↗
- New establishment in Etterbeek. KBO
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,954 loss in 2022 to € 39,539 profit in 2025.
Best year ever: 2024, with € 151,654 profit.
On average € 21,700 of value added per employee in 2025.
A new publication or filing at BUSINESS? 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
HADJ ZELLAT
Managing director
Establishments
Establishment units
Physical locations of this company
Tongerenstraat 58
1040 Etterbeek
Tongerenstraat 11
1040 Etterbeek
Active since 29 November 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0453.241.309
- VAT number
- BE 0453.241.309
- Registered office
- Tongerenstraat 58, 1040 Etterbeek
- Names & denominations
- BUSINESS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 1994
- Peppol
- Active · Active since 25 Apr 2025
- Activities · NACE
Kappers- en barbiersactiviteiten
Kapsalons
Haarverzorging
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening