Financials
Financial year 2025
SOURCE INTERNATIONAL from Gent, company number BE0455466567, closed financial year 2025 with a result of € 258 after tax. For that financial year SOURCE INTERNATIONAL recorded a gross margin of € 24,530 and equity of € 42,028. Compared with financial year 2024, the result moved from € 9,164 to € 258. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 42,028
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 258
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 5,942
▲ 114% 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 € 23,436.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 16,826
▲ 139% 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.
€ 1,389
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,721
€ 1,010 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 13,372
▲ 146% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,934
▼ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,469 | € 35,518 | € 23,990 | € 24,530 | ▲ 2% |
| Profit after taxes | € 11,192 | € 9,465 | € 9,164 | € 258 | ▼ 97% |
| Equity | € 26,474 | € 34,272 | € 41,771 | € 42,028 | ▲ 1% |
| Total debts | € 41,268 | € 79,227 | € 35,588 | € 45,166 | ▲ 27% |
| Cash | € 36,422 | € 12,541 | € 2,772 | € 5,942 | ▲ 114% |
| Retained profit | € 7,881 | € 15,680 | € 23,179 | € 23,436 | ▲ 1% |
| Dividend | € 1,600 | € 1,666 | € 1,666 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 0 | € 2,721 | |
| Balance sheet total | € 67,741 | € 113,500 | € 77,359 | € 87,195 | ▲ 13% |
Key figures of SOURCE INTERNATIONAL, 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 SOURCE INTERNATIONAL?
What happened at SOURCE INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 258 (▼ 97% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- RIK JOHAN VEREECKEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,192 profit in 2022 to € 258 profit in 2025.
Paid € 774 in corporate taxes since 2022.
Best year ever: 2022, with € 11,192 profit.
Paid out € 4,932 in dividends to the owners in total.
Management
Behind SOURCE INTERNATIONAL is RIK JOHAN VEREECKEN.
Directors
According to the 2025 annual accounts
RIK JOHAN VEREECKEN
Director
since 1995
Establishments
Establishment units
Physical locations of this company
Nieuwewandeling 66
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.466.567
- VAT number
- BE 0455.466.567
- Registered office
- Nieuwewandeling 66, 9000 Gent
- Names & denominations
- SOURCE INTERNATIONAL · Source International Music
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 1995
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Algemene elektrotechnische installatiewerken