Financials
Financial year 2025
tapeservice from Tubize, company number BE0464600405, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year tapeservice recorded a gross margin of € 2.5 million and equity of € 4.7 million. Compared with financial year 2024, the result moved from € 774,419 to € 1.4 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 4.7 million
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 75% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ € 1.1 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 260,000 paid out
19 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
11.3
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 811,719
▲ 1% vs 2024
€ 71,800 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.
€ 348,876
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8.8 million
▼ 6% vs 2024
€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.2 million
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 160,283
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,133,152 | € 2,226,085 | € 2,194,932 | € 2,462,590 | ▲ 12% |
| Profit after taxes | € 801,233 | € 860,025 | € 774,419 | € 1,356,010 | ▲ 75% |
| Equity | € 1,693,988 | € 1,889,244 | € 3,603,749 | € 4,680,017 | ▲ 30% |
| Total debts | € 2,456,804 | € 1,918,934 | € 12,885,983 | € 12,554,662 | ▼ 3% |
| Cash | € 469,392 | € 62,455 | € 194,929 | € 1,260,105 | ▲ € 1.1 million |
| Retained profit | € 1,615,095 | € 1,815,121 | € 2,499,140 | € 3,595,151 | ▲ 44% |
| Dividend | € 790,000 | € 660,000 | € 80,000 | € 260,000 | ▲ 225% |
| Bank debt | € 642,668 | € 902,963 | € 9,327,036 | € 8,805,480 | ▼ 6% |
| Balance sheet total | € 4,203,651 | € 3,861,037 | € 16,493,997 | € 17,238,945 | ▲ 5% |
| Employees (FTE) | 10.9 | 11.1 | 12.4 | 11.3 | ▼ 1.1 |
Key figures of tapeservice, 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 tapeservice?
What happened at tapeservice in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Adesha SRL stepped down as director. NBB
- Apollon SRL stepped down as director. NBB
- Florsky SRL stepped down as director. NBB
- Markus Baltzer Coaching & Consulting stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ 75% vs 2024). Source: NBB ↗
- Adesha SRL became a director. NBB
- Apollon SRL became a director. NBB
- Florsky SRL became a director. NBB
In short
From € 801,233 profit in 2022 to € 1.4 million profit in 2025.
Paid € 778,897 in corporate taxes since 2022.
Best year ever: 2025, with € 1.4 million profit.
On average € 217,900 of value added per employee in 2025.
Management
The stake of APOLLON, NAMKHA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
tapeserviceThe shares are held by APOLLON (48%) and NAMKHA (40.7%). It owns 100% of NUNCA FALLAS itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Jean-Patrick Holvoet
Also active at: BHAVAN, SENTINALCO
since 2024 · until 2028
Managing director · represented by Gunther Willems
since 2024 · until 2028
Director · represented by Vincent Siau
since 2024 · until 2028
Markus Baltzer Coaching & Consulting
Director · represented by Markus Baltzer
since 2024 · until 2028
Participations
NUNCA FALLAS
100%
Establishments
Establishment units
Physical locations of this company
Avenue Zénobe Gramme 7
1480 Tubize
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
FASTLY - Fastly, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0464.600.405
- VAT number
- BE 0464.600.405
- Registered office
- Avenue Zénobe Gramme 7, 1480 Tubize
- Names & denominations
- tapeservice
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 1998
- Peppol
- Active · Active since 31 Aug 2024
- Contact
- tapeservice.be
- Activities · NACE
Overige industrie, neg
Overige recreatie- en ontspanningsactiviteiten, neg
Overig amusement, n.e.g.