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.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EGISAN from Ninove, company number BE0462090677, closed financial year 2025 with a result of € -119,061 after tax. For that financial year EGISAN recorded a gross margin of € -78,103 and equity of € 85,027. Compared with financial year 2024, the result moved from € -89,175 to € -119,061. The company made a loss. The buffer shrank hard: equity is 58 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 85,027
▼ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -119,061
▼ 34 % more loss than in 2024
Profit after tax over the fiscal year.
€ 115
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 23,053.
People and assets in 2025
€ 5,581
▼ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8,017
▼ 70% vs 2024
€ 6,202 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 37,875
▲ € 35,517 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 690
▼ 85% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,272 | € 50,364 | € -31,447 | € -78,103 | ▼ € 46,656 |
| Profit after taxes | € -10,615 | € -6,528 | € -89,175 | € -119,061 | ▼ € 29,886 |
| Equity | € 299,791 | € 293,263 | € 204,088 | € 85,027 | ▼ 58% |
| Total debts | € 132,220 | € 142,244 | € 158,643 | € 285,724 | ▲ 80% |
| Cash | € 8,050 | € 60 | € 2,050 | € 115 | ▼ 94% |
| Land & buildings | € 167,182 | € 160,883 | € 153,492 | € 171,206 | ▲ 12% |
| Retained profit | € 237,818 | € 231,290 | € 142,115 | € 23,053 | ▼ 84% |
| Bank debt | € 63,175 | € 45,052 | € 27,084 | € 8,017 | ▼ 70% |
| Balance sheet total | € 465,355 | € 465,851 | € 390,191 | € 370,751 | ▼ 5% |
Key figures of EGISAN, 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 EGISAN?
What happened at EGISAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 119,061. filed late Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,615 loss in 2022 to € 119,061 loss in 2025.
Paid € 5,168 in corporate taxes since 2022.
Management
Behind EGISAN is Isabelle Walraevens.
Directors
According to the 2025 annual accounts
Isabelle Walraevens
Managing director
Establishments
Establishment units
Physical locations of this company
Brakelsesteenweg 208
9406 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.090.677
- VAT number
- BE 0462.090.677
- Registered office
- Brakelsesteenweg 208, 9406 Ninove
- Names & denominations
- EGISAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1997
- Peppol
- Active · Active since 25 Sept 2025
- Activities · NACE
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