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 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ORANGE 48 from Waasmunster, company number BE0535567682, closed financial year 2025 with a result of € 13,416 after tax. For that financial year ORANGE 48 recorded a gross margin of € 39,463 and equity of € 59,442. Compared with financial year 2024, the result moved from € 4,319 to € 13,416. 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 30, 2025.
€ 59,442
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,416
▲ 211% vs 2024
Profit after tax over the fiscal year.
€ 7,305
▲ 189% 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 € 53,242.
Debts at end 2025
€ 179,430
▼ 8% vs 2024
€ 14,971 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 805
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,048
▲ € 3,876 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 | € 27,922 | € 34,129 | € 26,676 | € 39,463 | ▲ 48% |
| Profit after taxes | € 4,756 | € 9,471 | € 4,319 | € 13,416 | ▲ 211% |
| Equity | € 32,236 | € 41,707 | € 46,026 | € 59,442 | ▲ 29% |
| Total debts | € 304,332 | € 279,722 | € 264,059 | € 242,134 | ▼ 8% |
| Cash | € 1,263 | - | € 2,532 | € 7,305 | ▲ 189% |
| Land & buildings | € 335,305 | € 321,429 | € 307,552 | € 293,676 | ▼ 5% |
| Retained profit | € 26,036 | € 35,507 | € 39,826 | € 53,242 | ▲ 34% |
| Bank debt | € 222,576 | € 208,483 | € 194,103 | € 179,430 | ▼ 8% |
| Balance sheet total | € 336,568 | € 321,429 | € 310,084 | € 301,576 | ▼ 3% |
Key figures of ORANGE 48, 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 ORANGE 48?
What happened at ORANGE 48 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,416 (▲ 211% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 4,756 profit in 2022 to € 13,416 profit in 2025.
Paid € 11,400 in corporate taxes since 2022.
Best year ever: 2025, with € 13,416 profit.
Management
Behind ORANGE 48 are Pascal Rossaert and Gunther De Maeijer. The same people are also behind First Construct. Pascal Rossaert is also behind P & M INTERIEUR and TREND FACTORY. Gunther De Maeijer is also behind DEMA-INVESTMENT and CAR SOLUTIONS TRADING.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Heidekapelstraat 15
9250 Waasmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0535.567.682
- VAT number
- BE 0535.567.682
- Registered office
- Heidekapelstraat 15, 9250 Waasmunster
- Names & denominations
- ORANGE 48
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2013
- Peppol
- Active · Active since 10 Dec 2025