Financials
Financial year 2025
Sourcing Solutions Europe from Elsene, company number BE0507850725, closed financial year 2025 with a result of € 20,760 after tax. For that financial year Sourcing Solutions Europe recorded a gross margin of € 128,920 and equity of € 62,923. Compared with financial year 2024, the result moved from € 4,402 to € 20,760. 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 October 21, 2025.
€ 62,923
▲ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,760
▲ € 16,358 vs 2024
Profit after tax over the fiscal year.
€ 5,559
▼ 91% 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 € 56,723.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 99,010
▲ 13% vs 2024
€ 49,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,783
▼ 46% 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.
€ 170,884
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,064
▲ 81% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,197 | € 4,920 | € 97,959 | € 128,920 | ▲ 32% |
| Profit after taxes | € 4,696 | € -53,598 | € 4,402 | € 20,760 | ▲ € 16,358 |
| Equity | € 91,359 | € 37,761 | € 42,163 | € 62,923 | ▲ 49% |
| Total debts | € 870,270 | € 922,065 | € 149,199 | € 199,143 | ▲ 33% |
| Cash | € 201,006 | € 17,746 | € 64,107 | € 5,559 | ▼ 91% |
| Retained profit | € 85,159 | € 31,561 | € 35,963 | € 56,723 | ▲ 58% |
| Balance sheet total | € 961,629 | € 959,826 | € 191,362 | € 262,066 | ▲ 37% |
| Employees (FTE) | 0.6 | 1.4 | 2 | 2 |
Key figures of Sourcing Solutions Europe, 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 Sourcing Solutions Europe?
What happened at Sourcing Solutions Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,760 (▲ € 16,358 vs 2024). Source: NBB ↗
- Kanoi Abhishekh became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
- Imran Rath became a director. NBB
In short
From € 4,696 profit in 2022 to € 20,760 profit in 2025.
Paid € 11,583 in corporate taxes since 2022.
Best year ever: 2025, with € 20,760 profit.
On average € 64,500 of value added per employee in 2025.
A new publication or filing at Sourcing Solutions Europe? We notify you, reason included.
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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 Sourcing Solutions Europe are Imran Rath and Kanoi Abhishekh.
Directors
According to the 2025 annual accounts
Imran Rath
Director
since 2014
Kanoi Abhishekh
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Louizalaan 65 box 11
1050 Elsene
Louizalaan 65/11
1050 Elsene
Active since 31 December 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0507.850.725
- VAT number
- BE 0507.850.725
- Registered office
- Louizalaan 65 bus 11, 1050 Elsene
- Names & denominations
- Sourcing Solutions Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2014
- Peppol
- Active · Active since 21 Oct 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
Groothandel in weefsels, stoffen en fournituren
Detailhandel in schoeisel
Groothandel in kledingaccessoires
Detailhandel in lederwaren en reisartikelen