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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EYESEE from Gent, company number BE0501712704, closed financial year 2025 with a result of € 370,862 after tax. For that financial year EYESEE recorded revenue of € 12.3 million and equity of € 4.8 million. Compared with financial year 2024, the result moved from € -237,660 to € 370,862. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 4.8 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 370,862
▲ still € 237,660 loss in 2024
Profit after tax over the fiscal year.
€ 189,334
▼ 71% 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 € 1.5 million.
People and assets in 2025
€ 275
▼ € 93,962 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.
€ 9,336
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 519,962
▼ 34% vs 2024
€ 254,770 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3 million
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 92 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,224,032 | € 10,002,785 | € 9,561,184 | € 12,329,803 | ▲ 29% |
| Profit after taxes | € -22,937 | € 334,017 | € -237,660 | € 370,862 | ▲ € 608,523 |
| Equity | € 4,328,739 | € 4,662,755 | € 4,425,095 | € 4,795,958 | ▲ 8% |
| Total debts | € 2,195,452 | € 3,174,089 | € 2,735,310 | € 3,970,749 | ▲ 45% |
| Cash | € 536,559 | € 615,428 | € 645,191 | € 189,334 | ▼ 71% |
| Retained profit | € 1,061,239 | € 1,395,255 | € 1,157,595 | € 1,528,458 | ▲ 32% |
| Bank debt | € 98,438 | € 1,058,114 | € 781,928 | € 519,962 | ▼ 34% |
| Balance sheet total | € 6,524,191 | € 7,836,844 | € 7,160,405 | € 8,766,707 | ▲ 22% |
| Employees (FTE) | 0.5 | 0 | - | - |
Key figures of EYESEE, 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 EYESEE?
What happened at EYESEE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 370,862. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,937 loss in 2022 to € 370,862 profit in 2025.
Paid € 99,197 in corporate taxes since 2022.
Best year ever: 2025, with € 370,862 profit.
Pays suppliers within 92 days on average.
Management
The stake of Smartfin Capital II comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EYESEEBehind EYESEE are Tilleuilovic BV, Smartfin Management BV, ING België NV, Magerenhauw CommV and INARIS BV. The shares are held by Smartfin Capital II (22.2%). It owns 100% of Eyesee Ltd, 100% of EYESEE Inc., 100% of Eyesee France SARL, 100% of Eyesee PTE Ltd, 100% of EYESEE D.O.O. BEOGRAD and 100% of Eyesee S DE RL DE CV itself.
Directors
According to the 2025 annual accounts
Director · represented by Olivier Tilleuil
Director · represented by Bart Luyten
Also active at: SMARTFIN CAPITAL, Smartfin Capital II, Smartfin Ventures II, Smartfin Capital III
Director · represented by Tom Bousmans
Also active at: United Brands Association, FPIM International - SFPI Internationaal - SFPIM International, Uitwisselingscentrum en verrekening, BEDRIJVENCENTRUM REGIO AALST, BEDRIJVENCENTRUM - VLAAMSE ARDENNEN, BEDRIJVENCENTRUM DE PUNT, ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS, FINANCIERE DU SUD - EST +26 more
Director · represented by Wouter Verlinden
Managing director · represented by Joris De Bruyne
Shareholders
22.2%
Participations
Eyesee Ltd
100%
EYESEE Inc.
100%
Eyesee France SARL
100%
Eyesee PTE Ltd
100%
EYESEE D.O.O. BEOGRAD
100%
Eyesee S DE RL DE CV
100%
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 349/B.71
9000 Gent
Franklin Rooseveltlaan 349 box B.71
9000 Gent
Active since 3 December 2012
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.
Website
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Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
eyesee-research.com
Registered
2014-01-14
Registrar
GoDaddy.com, LLC
Expires
2028-01-14
Website info
Features
Security
Network
Details
- Company number
- 0501.712.704
- VAT number
- BE 0501.712.704
- Registered office
- Franklin Rooseveltlaan 349/B.71, 9000 Gent
- Names & denominations
- EYESEE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 2012
- Peppol
- Active · Active since 5 Dec 2025
- Contact
- eyesee-research.com
- Activities · NACE
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