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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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EIGHTEEN - STRATEGIES from Chaudfontaine, company number BE0467495062, closed financial year 2025 with a result of € 36,392 after tax. For that financial year EIGHTEEN - STRATEGIES recorded revenue of € 234,935 and equity of € 172,889. Compared with financial year 2024, the result moved from € 17,748 to € 36,392. 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 January 27, 2026.
€ 172,889
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,392
▲ 105% vs 2024
Profit after tax over the fiscal year.
€ 5,490
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5,500 paid out
15 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 1,264
▼ 18% 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.
€ 9,221
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 714,150
▼ 8% vs 2024
€ 62,788 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 15,779
▲ 142% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,717
▲ 16% 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 | |
|---|---|---|---|---|---|
| Revenue | € 213,031 | € 247,994 | € 230,983 | € 234,935 | ▲ 2% |
| Gross margin | € 140,043 | € 134,869 | € 122,402 | € 140,560 | ▲ 15% |
| Profit after taxes | € 22,311 | € 27,037 | € 17,748 | € 36,392 | ▲ 105% |
| Equity | € 97,212 | € 124,249 | € 141,997 | € 172,889 | ▲ 22% |
| Total debts | € 943,786 | € 874,524 | € 818,248 | € 766,963 | ▼ 6% |
| Cash | € 0 | € 9,038 | € 6,020 | € 5,490 | ▼ 9% |
| Land & buildings | € 901,642 | € 892,331 | € 846,466 | € 820,124 | ▼ 3% |
| Retained profit | € 34,212 | € 61,249 | € 78,997 | € 109,889 | ▲ 39% |
| Dividend | € 0 | € 0 | € 0 | € 5,500 | |
| Bank debt | € 892,355 | € 834,093 | € 775,033 | € 714,150 | ▼ 8% |
| Balance sheet total | € 1,040,998 | € 998,774 | € 960,245 | € 939,852 | ▼ 2% |
Key figures of EIGHTEEN - STRATEGIES, 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 EIGHTEEN - STRATEGIES?
What happened at EIGHTEEN - STRATEGIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,392 (▲ 105% vs 2024). Source: NBB ↗
- New establishment in Chaudfontaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,311 profit in 2022 to € 36,392 profit in 2025.
Paid € 60,963 in corporate taxes since 2022.
Best year ever: 2025, with € 36,392 profit.
Paid out € 5,500 in dividends to the owners in total.
Management
Behind EIGHTEEN - STRATEGIES is Frédéric MORREALE.
Directors
According to the 2025 annual accounts
Frédéric MORREALE
Managing director
Establishments
Establishment units
Physical locations of this company
Clos de Jehanster 9
4050 Chaudfontaine
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.495.062
- VAT number
- BE 0467.495.062
- Registered office
- Clos de Jehanster 9, 4050 Chaudfontaine
- Names & denominations
- EIGHTEEN - STRATEGIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 1999
- Peppol
- Active · Active since 21 Oct 2026
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