What does THE SOUND SOURCE do?

THE SOUND SOURCE is a shop in Fleurus. Private Limited, started on 11 October 2000, 2 establishments.

What is the address of THE SOUND SOURCE?

The registered office of THE SOUND SOURCE is located at Chaussée de Charleroi(FL) 602, 6220 Fleurus.

Is THE SOUND SOURCE still active?

Yes. According to the CBE (30 October 2026) THE SOUND SOURCE is active, legal situation “Normale toestand”, started on 11 October 2000.

Is THE SOUND SOURCE registered on Peppol?

Yes, THE SOUND SOURCE is registered on the Peppol network with ID 0208:0473002682.

What is the enterprise number of THE SOUND SOURCE?

The enterprise number of THE SOUND SOURCE is BE0473002682.

When was THE SOUND SOURCE founded?

THE SOUND SOURCE was founded on 11 October 2000.

Who are the directors of THE SOUND SOURCE?

According to the 2025 annual accounts, the directors of THE SOUND SOURCE are: Luc Vigneron, Ingrid Morotti.

Is THE SOUND SOURCE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 October 2000; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did THE SOUND SOURCE make in 2025?

THE SOUND SOURCE recorded a loss after taxes of € 102,749 in financial year 2025.

What is the revenue of THE SOUND SOURCE?

As a small company, THE SOUND SOURCE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 80,212.

How much does an employee at THE SOUND SOURCE earn?

The average wage cost per full-time employee at THE SOUND SOURCE was € 36,300 in 2024: staff costs of € 119,815 for 3.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

THE SOUND SOURCE (Private Limited) - Fleurus

Dossier THE SOUND SOURCE, printed on 30 October 2026 from databakkes.be/en/0473002682/the-sound-source. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

THE SOUND SOURCE from Fleurus, company number BE0473002682, closed financial year 2025 with a result of € -102,749 after tax. For that financial year THE SOUND SOURCE recorded a gross margin of € 80,212 and equity of € -779,391. Compared with financial year 2024, the result moved from € -88,138 to € -102,749. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.

What it is worth Caution

€ -779,391

▼ € 104,604 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -102,749

▼ 17 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 11,527

▼ 60% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -801,857.

People and assets in 2025

Wage cost

€ 123,129

▲ 3% 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.

Vehicles and equipment

€ 7,284

▲ 60% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 35 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 853,706

▼ 3% vs 2024

€ 24,401 is repaid this year. At this pace the long-term loan is gone in ≈ 35 years.

Owed to suppliers

€ 112,890

▲ 22% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 29,914

▲ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 61,879 Gross margin 2022: € 61,879 First fiscal year in the series	€ 122,782 Gross margin 2023: € 122,782 ▲ 98% vs 2022 (€ 61,879) Favourable step	€ 95,682 Gross margin 2024: € 95,682 ▼ 22% vs 2023 (€ 122,782) Unfavourable step	€ 80,212 Gross margin 2025: € 80,212 ▼ 16% vs 2024 (€ 95,682) Unfavourable step	▼ 16%
Profit after taxes	€ -93,525 Profit after taxes 2022: € -93,525 First fiscal year in the series	€ -55,808 Profit after taxes 2023: € -55,808 ▲ € 37,717 vs 2022 (€ -93,525) Favourable step	€ -88,138 Profit after taxes 2024: € -88,138 ▼ € 32,330 vs 2023 (€ -55,808) Unfavourable step	€ -102,749 Profit after taxes 2025: € -102,749 ▼ € 14,611 vs 2024 (€ -88,138) Unfavourable step	▼ € 14,611
Equity	€ -527,129 Equity 2022: € -527,129 First fiscal year in the series	€ -584,793 Equity 2023: € -584,793 ▼ € 57,663 vs 2022 (€ -527,129) Unfavourable step	€ -674,786 Equity 2024: € -674,786 ▼ € 89,994 vs 2023 (€ -584,793) Unfavourable step	€ -779,391 Equity 2025: € -779,391 ▼ € 104,604 vs 2024 (€ -674,786) Unfavourable step	▼ € 104,604
Total debts	€ 1,317,702 Total debts 2022: € 1,317,702 First fiscal year in the series	€ 1,304,596 Total debts 2023: € 1,304,596 ▼ 1% vs 2022 (€ 1,317,702) Favourable step	€ 1,339,018 Total debts 2024: € 1,339,018 ▲ 3% vs 2023 (€ 1,304,596) Unfavourable step	€ 1,375,012 Total debts 2025: € 1,375,012 ▲ 3% vs 2024 (€ 1,339,018) Unfavourable step	▲ 3%
Cash	€ 19,975 Cash 2022: € 19,975 First fiscal year in the series	€ 27,009 Cash 2023: € 27,009 ▲ 35% vs 2022 (€ 19,975) Favourable step	€ 29,029 Cash 2024: € 29,029 ▲ 7% vs 2023 (€ 27,009) Favourable step	€ 11,527 Cash 2025: € 11,527 ▼ 60% vs 2024 (€ 29,029) Unfavourable step	▼ 60%
Land & buildings	€ 285,117 Land & buildings 2022: € 285,117 First fiscal year in the series	€ 240,559 Land & buildings 2023: € 240,559 ▼ 16% vs 2022 (€ 285,117) Unchanged	€ 196,000 Land & buildings 2024: € 196,000 ▼ 19% vs 2023 (€ 240,559) Unchanged	€ 151,442 Land & buildings 2025: € 151,442 ▼ 23% vs 2024 (€ 196,000) Unchanged	▼ 23%
Retained profit	€ -555,163 Retained profit 2022: € -555,163 First fiscal year in the series	€ -610,971 Retained profit 2023: € -610,971 ▼ € 55,808 vs 2022 (€ -555,163) Unfavourable step	€ -699,109 Retained profit 2024: € -699,109 ▼ € 88,138 vs 2023 (€ -610,971) Unfavourable step	€ -801,857 Retained profit 2025: € -801,857 ▼ € 102,749 vs 2024 (€ -699,109) Unfavourable step	▼ € 102,749
Bank debt	€ 971,028 Bank debt 2022: € 971,028 First fiscal year in the series	€ 899,526 Bank debt 2023: € 899,526 ▼ 7% vs 2022 (€ 971,028) Favourable step	€ 877,099 Bank debt 2024: € 877,099 ▼ 2% vs 2023 (€ 899,526) Favourable step	€ 853,706 Bank debt 2025: € 853,706 ▼ 3% vs 2024 (€ 877,099) Favourable step	▼ 3%
Balance sheet total	€ 790,573 Balance sheet total 2022: € 790,573 First fiscal year in the series	€ 719,804 Balance sheet total 2023: € 719,804 ▼ 9% vs 2022 (€ 790,573) Unchanged	€ 664,232 Balance sheet total 2024: € 664,232 ▼ 8% vs 2023 (€ 719,804) Unchanged	€ 595,621 Balance sheet total 2025: € 595,621 ▼ 10% vs 2024 (€ 664,232) Unchanged	▼ 10%
Employees (FTE)	2.9 Employees (FTE) 2022: 2.9 First fiscal year in the series	3.7 Employees (FTE) 2023: 3.7 ▲ 0.8 vs 2022 (2.9) Unchanged	3.3 Employees (FTE) 2024: 3.3 ▼ 0.4 vs 2023 (3.7) Unchanged	-

Key figures of THE SOUND SOURCE, 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 THE SOUND SOURCE?

What happened at THE SOUND SOURCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 29, 2026 New annual accounts for financial year 2025: loss of € 102,749. Source: NBB ↗
Apr 11, 2011 New establishment in Fleurus. KBO
Nov 27, 2000 New establishment in Fleurus. KBO
Oct 11, 2000 Start of the company according to the CBE. KBO

In short

From € 93,525 loss in 2022 to € 102,749 loss in 2025.

On average € 29,000 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Luc Vigneron Ingrid Morotti

THE SOUND SOURCE

Behind THE SOUND SOURCE are Luc Vigneron and Ingrid Morotti.

Directors

According to the 2025 annual accounts

Luc Vigneron

Director

Ingrid Morotti

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Chaussée de Charleroi(FL) 602

6220 Fleurus

2.198.664.851

Chaussée de Charleroi(FL) 602 box 2

6220 Fleurus

Active since 11 April 2011

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0473.002.682

VAT number

BE 0473.002.682

Registered office

Chaussée de Charleroi(FL) 602, 6220 Fleurus

Names & denominations

THE SOUND SOURCE · T.S.S.

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 October 2000

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

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Uitgeven van boeken

Reproductie van opgenomen media

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View on CBE Public ↗ Annual accounts (NBB) ↗