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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 8.4 to 5.4.
Financials
Financial year 2025
The.Team: Benelux from Mechelen, company number BE0518956631, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year The.Team: Benelux recorded a gross margin of € -579,577 and equity of € -1.3 million. Compared with financial year 2024, the result moved from € -612,961 to € -1.7 million. 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 November 9, 2026.
€ -1.3 million
▼ € 1.7 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ 179 % more loss than in 2024
Profit after tax over the fiscal year.
€ 38,616
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
People and assets in 2025
5.4
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 410,124
▼ 5% vs 2024
€ 75,900 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.
€ 28,587
▲ 215% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 21,565
▼ 23% vs 2024
Loans from banks and other lenders, long and short.
€ 565,207
▲ 120% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,267
▼ 66% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,096,176 | € 795,016 | € -1,563 | € -579,577 | ▼ € 578,014 |
| Profit after taxes | € 148,960 | € 99,273 | € -612,961 | € -1,709,304 | ▼ € 1.1 million |
| Equity | € 958,955 | € 1,058,229 | € 445,267 | € -1,264,037 | ▼ € 1.7 million |
| Total debts | € 4,772,799 | € 3,998,964 | € 4,126,301 | € 15,787,043 | ▲ 283% |
| Cash | € 317,667 | € 130,454 | € 167,399 | € 38,616 | ▼ 77% |
| Retained profit | € 858,955 | € 958,229 | € 345,267 | € -1,364,037 | ▼ € 1.7 million |
| Bank debt | € 0 | € 0 | € 28,014 | € 21,565 | ▼ 23% |
| Balance sheet total | € 5,731,754 | € 5,057,193 | € 4,571,569 | € 15,051,006 | ▲ 229% |
| Employees (FTE) | 11.2 | 8.4 | 5.9 | 5.4 | ▼ 0.5 |
By gross margin, The.Team: Benelux ranks 41st of 41 companies with main activity “Activiteiten van adviesbureaus op het gebied van public relations en communicatie” in Mechelen that publish figures (fiscal year 2025).
Key figures of The.Team: Benelux, 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.
Ask about The.Team: Benelux the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to The.Team: Benelux?
What happened at The.Team: Benelux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.7 million. filed late Source: NBB ↗
- Lenah Ueltzen became a director. NBB
- Fahri Ecvet became a director. NBB
- Darell Coetzee became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 148,960 profit in 2022 to € 1.7 million loss in 2025.
Paid € 45,950 in corporate taxes since 2022.
Best year ever: 2022, with € 148,960 profit.
On average € 94,600 of value added per employee in 2023.
Management
Behind The.Team: Benelux are Lenah Ueltzen, Fahri Ecvet and Darell Coetzee. It owns 100% of The.Team: Football Belgium itself.
Directors
According to the 2025 annual accounts
Lenah Ueltzen
Director
since 2018
Fahri Ecvet
Director
since 2018
Darell Coetzee
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Kruisbaan 70
2800 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0518.956.631
- VAT number
- BE 0518.956.631
- Registered office
- Kruisbaan 70, 2800 Mechelen
- Names & denominations
- The.Team: Benelux
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2013
- Peppol
- Active · Active since 28 Mar 2023
- Contact
- borisagency.be [email protected]
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Detailhandel in groenten en fruit
Adviesbureaus op het gebied van public relations en communicatie
Markt- en straathandel in voedings- en genotmiddelen
Activiteiten van reclamebureaus
Cafés en bars