Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FULCRUM PARTNERS from Tervuren, company number BE0502977464, closed financial year 2025 with a result of € -16,265 after tax. For that financial year FULCRUM PARTNERS recorded a gross margin of € 18,921 and equity of € 18,214. Compared with financial year 2024, the result moved from € 3,577 to € -16,265. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 18,214
▼ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,265
▼ still € 3,577 profit in 2024
Profit after tax over the fiscal year.
€ 16,592
▲ € 13,705 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 12,014.
People and assets in 2025
€ 19,955
▼ 39% 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.
€ 18,821
▲ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,490
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 33,228 | € 30,499 | € 39,902 | € 18,921 | ▼ 53% |
| Profit after taxes | € 844 | € 5,370 | € 3,577 | € -16,265 | ▼ € 19,842 |
| Equity | € 28,732 | € 32,502 | € 34,479 | € 18,214 | ▼ 47% |
| Total debts | € 80,882 | € 127,080 | € 102,563 | € 91,340 | ▼ 11% |
| Cash | € 2,180 | € 3,189 | € 2,887 | € 16,592 | ▲ € 13,705 |
| Land & buildings | € 4,377 | € 3,539 | € 2,702 | € 6,257 | ▲ 132% |
| Retained profit | € 22,532 | € 26,302 | € 28,279 | € 12,014 | ▼ 58% |
| Dividend | € 1,600 | € 1,600 | € 1,600 | € 0 | ▼ 100% |
| Bank debt | € 5,359 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 109,614 | € 159,583 | € 137,042 | € 109,555 | ▼ 20% |
Key figures of FULCRUM PARTNERS, 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 October 2026.
What happened to FULCRUM PARTNERS?
What happened at FULCRUM PARTNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,265 (▼ € 19,842 vs 2024). Source: NBB ↗
- New establishment in Tervuren. KBO
- Michel Noël Nicole CNUDDE became a director. NBB
- Beata Anna PAWELCZYK CNUDDE became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 844 profit in 2022 to € 16,265 loss in 2025.
Paid € 1,394 in corporate taxes since 2022.
Best year ever: 2023, with € 5,370 profit.
Paid out € 4,800 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FULCRUM PARTNERS are Michel Noël Nicole CNUDDE and Beata Anna PAWELCZYK CNUDDE.
Directors
According to the 2025 annual accounts
Michel Noël Nicole CNUDDE
Director
since 2013
Beata Anna PAWELCZYK CNUDDE
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Thuyaslaan 12
3080 Tervuren
Stafhouder Braffortstraat 39 box 20
1040 Etterbeek
Active since 1 February 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.977.464
- VAT number
- BE 0502.977.464
- Registered office
- Thuyaslaan 12, 3080 Tervuren
- Names & denominations
- FULCRUM PARTNERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 2013
- Peppol
- Active · Active since 4 Sept 2025
- Contact
- 000000097
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