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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BUSINESS CONNEXION from Sint-Pieters-Woluwe, company number BE0476078275, closed financial year 2025 with a result of € 4,424 after tax. For that financial year BUSINESS CONNEXION recorded a gross margin of € 39,927 and equity of € -120,611. Compared with financial year 2024, the result moved from € 2,733 to € 4,424. Profitable, and profit is growing. 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 September 30, 2026.
€ -120,611
▲ € 4,424 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,424
▲ 62% vs 2024
Profit after tax over the fiscal year.
€ 19,324
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -182,611.
Debts at end 2025
€ 93,601
▼ 16% vs 2024
€ 23,274 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 77,205
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,456
▲ 3% 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 | € 24,019 | € 27,785 | € 36,672 | € 39,927 | ▲ 9% |
| Profit after taxes | € -12,736 | € -8,859 | € 2,733 | € 4,424 | ▲ 62% |
| Equity | € -118,908 | € -127,767 | € -125,034 | € -120,611 | ▲ € 4,424 |
| Total debts | € 689,643 | € 705,449 | € 690,458 | € 581,206 | ▼ 16% |
| Cash | € 26,820 | € 12,315 | € 20,393 | € 19,324 | ▼ 5% |
| Land & buildings | € 440,008 | € 428,307 | € 416,606 | € 404,905 | ▼ 3% |
| Retained profit | € -180,908 | € -189,767 | € -187,034 | € -182,611 | ▲ € 4,424 |
| Bank debt | € 151,170 | € 131,754 | € 112,045 | € 93,601 | ▼ 16% |
| Balance sheet total | € 570,735 | € 577,682 | € 565,424 | € 460,595 | ▼ 19% |
Key figures of BUSINESS CONNEXION, 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 BUSINESS CONNEXION?
What happened at BUSINESS CONNEXION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,424 (▲ 62% vs 2024). filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,736 loss in 2022 to € 4,424 profit in 2025.
Best year ever: 2025, with € 4,424 profit.
Management
Behind BUSINESS CONNEXION are Steve Bosteels, Ivo Bosteels, Clyve Bosteels and Ken Bosteels. The same people are also behind SCK MANAGEMENT and GO 4 IMMO. Steve Bosteels is also behind STB MANAGEMENT and LAGOON BELUX. Ivo Bosteels is also behind J.Y.P.E., MENCH INDUSTRY, PATY and DISTRINOX BELUX. Clyve Bosteels is also behind J.Y.P.E., JAEMA and STEJO. Ken Bosteels is also behind J.Y.P.E., JAEMA, KB MANAGEMENT, DISTRINOX BELUX and STEJO.
Directors
According to the 2025 annual accounts
Ivo Bosteels
Managing director
Also active at: J.Y.P.E., MENCH INDUSTRY, PATY, SCK MANAGEMENT, GO 4 IMMO, DISTRINOX BELUX
Ken Bosteels
Director
Also active at: J.Y.P.E., JAEMA, KB MANAGEMENT, SCK MANAGEMENT, GO 4 IMMO, DISTRINOX BELUX, STEJO
Establishments
Establishment units
Physical locations of this company
Salomélaan 18
1150 Sint-Pieters-Woluwe
Vanderkinderestraat 421
1180 Ukkel
Active since 1 December 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0476.078.275
- VAT number
- BE 0476.078.275
- Registered office
- Salomélaan 18, 1150 Sint-Pieters-Woluwe
- Names & denominations
- BUSINESS CONNEXION · MEGA WASH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2001
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van wasserettes en wassalons ten behoeve van particulieren
Depothouders voor de behandeling van was en de reiniging van kleding