Financials
Financial year 2025
A B ASSOCIATES BELGIUM from Hasselt, company number BE0465537246, closed financial year 2025 with a result of € 322,837 after tax. For that financial year A B ASSOCIATES BELGIUM recorded a gross margin of € 1.4 million and equity of € 199,483. Compared with financial year 2024, the result moved from € 329,289 to € 322,837. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 20, 2026.
€ 199,483
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 322,837
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 406,265
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 322,837 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
13.9
▲ 4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 944,265
▲ 56% vs 2024
€ 67,900 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.
€ 20,532
▲ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 137,371
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 312,946
▲ 115% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 892,776 | € 1,036,403 | € 1,144,272 | € 1,406,004 | ▲ 23% |
| Profit after taxes | € 192,409 | € 269,045 | € 329,289 | € 322,837 | ▼ 2% |
| Equity | € 199,483 | € 199,483 | € 199,483 | € 199,483 | |
| Total debts | € 504,384 | € 459,245 | € 623,990 | € 885,066 | ▲ 42% |
| Cash | € 307,947 | € 201,996 | € 379,625 | € 406,265 | ▲ 7% |
| Retained profit | € 137,983 | € 137,983 | € 137,983 | € 137,983 | |
| Dividend | € 200,000 | € 269,045 | € 329,289 | € 322,837 | ▼ 2% |
| Bank debt | € 51,698 | € 4,913 | € 57,421 | € 0 | ▼ 100% |
| Balance sheet total | € 716,367 | € 671,227 | € 875,973 | € 1,117,049 | ▲ 28% |
| Employees (FTE) | 11.2 | 10.1 | 9.9 | 13.9 | ▲ 4 |
By gross margin, A B ASSOCIATES BELGIUM ranks 4th of 96 companies with main activity “Activiteiten van bouwarchitecten” in Hasselt that publish figures (fiscal year 2025).
Key figures of A B ASSOCIATES BELGIUM, 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.
Ask about A B ASSOCIATES BELGIUM the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to A B ASSOCIATES BELGIUM?
What happened at A B ASSOCIATES BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 322,837 (▼ 2% vs 2024). Source: NBB ↗
- TEKENBURO M&M BV BV became a director. NBB
- STUDIO K!RAMBA BV BV became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 192,409 profit in 2022 to € 322,837 profit in 2025.
Paid € 425,749 in corporate taxes since 2022.
Best year ever: 2024, with € 329,289 profit.
On average € 101,200 of value added per employee in 2025.
Management
Behind A B ASSOCIATES BELGIUM are TEKENBURO M&M BV BV and STUDIO K!RAMBA BV BV. It owns 50% of ONE ENGINEERING itself.
Directors
According to the 2025 annual accounts
Director · represented by VANDECAN KURT
since 2021
Director · represented by VERTESSEN KOEN
since 2021
Establishments
Establishment units
Physical locations of this company
Genkersteenweg 444
3500 Hasselt
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.
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Details
- Company number
- 0465.537.246
- VAT number
- BE 0465.537.246
- Registered office
- Genkersteenweg 444, 3500 Hasselt
- Names & denominations
- A B ASSOCIATES BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1999
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Activiteiten van bouwarchitecten
Architecten