What does OBJECTIVE do?

OBJECTIVE is an IT company in Wichelen. Private Limited, started on 20 February 2014, 1 establishment.

What is the address of OBJECTIVE?

The registered office of OBJECTIVE is located at Meerbos 2, 9260 Wichelen.

Is OBJECTIVE still active?

Yes. According to the CBE (30 October 2026) OBJECTIVE is active, legal situation “Normale toestand”, started on 20 February 2014.

Is OBJECTIVE registered on Peppol?

Yes, OBJECTIVE is registered on the Peppol network with ID 0208:0546732184.

What is the enterprise number of OBJECTIVE?

The enterprise number of OBJECTIVE is BE0546732184.

When was OBJECTIVE founded?

OBJECTIVE was founded on 20 February 2014.

Who are the directors of OBJECTIVE?

According to the 2025 annual accounts, the directors of OBJECTIVE are: Irena Majumdar, Nicola Marrison, Hellen Stein, Duane George.

Is OBJECTIVE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 February 2014; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did OBJECTIVE make in 2025?

OBJECTIVE posted a profit after taxes of € 1,041,131 in financial year 2025.

What is the revenue of OBJECTIVE?

In its most recent annual accounts (2025), OBJECTIVE reported revenue of € 2,025,240.

How much does an employee at OBJECTIVE earn?

The average wage cost per full-time employee at OBJECTIVE was € 122,000 in 2025: staff costs of € 451,560 for 3.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does OBJECTIVE have?

According to the 2025 annual accounts, OBJECTIVE has 3.7 full-time equivalents (FTE).

OBJECTIVE (Private Limited) - Wichelen - BE0546732184

Dossier OBJECTIVE, printed on 30 October 2026 from databakkes.be/en/0546732184/objective. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 7.9 to 3.7.
Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.
Busy address KBO

11 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

OBJECTIVE from Wichelen, company number BE0546732184, closed financial year 2025 with a result of € 1 million after tax. For that financial year OBJECTIVE recorded revenue of € 2 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 585,928 to € 1 million. 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 August 6, 2026.

What it is worth Growing

€ 3.9 million

▲ 37% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1 million

▲ 78% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.8 million.

People and assets in 2025

Full-time equivalents

3.7

▼ 2.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 451,560

▼ 32% vs 2024

€ 122,000 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.

Vehicles and equipment

€ 502,138

▼ 14% vs 2024

Of which on lease € 502,138.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 445,278

▼ 13% vs 2024

€ 68,623 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 2.6 million

▲ 62% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 2.5 million

▲ 58% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	€ 2,032,729 Revenue 2024: € 2,032,729 First fiscal year in the series	€ 2,025,240 Revenue 2025: € 2,025,240 Unchanged (€ 2,032,729) Unfavourable step
Gross margin	€ 1,897,648 Gross margin 2022: € 1,897,648 First fiscal year in the series	€ 1,949,459 Gross margin 2023: € 1,949,459 ▲ 3% vs 2022 (€ 1,897,648) Favourable step	€ 1,699,841 Gross margin 2024: € 1,699,841 ▼ 13% vs 2023 (€ 1,949,459) Unfavourable step	€ 1,705,352 Gross margin 2025: € 1,705,352 Unchanged (€ 1,699,841) Favourable step
Profit after taxes	€ 583,692 Profit after taxes 2022: € 583,692 First fiscal year in the series	€ 677,897 Profit after taxes 2023: € 677,897 ▲ 16% vs 2022 (€ 583,692) Favourable step	€ 585,928 Profit after taxes 2024: € 585,928 ▼ 14% vs 2023 (€ 677,897) Unfavourable step	€ 1,041,131 Profit after taxes 2025: € 1,041,131 ▲ 78% vs 2024 (€ 585,928) Favourable step	▲ 78%
Equity	€ 1,579,499 Equity 2022: € 1,579,499 First fiscal year in the series	€ 2,257,396 Equity 2023: € 2,257,396 ▲ 43% vs 2022 (€ 1,579,499) Favourable step	€ 2,843,324 Equity 2024: € 2,843,324 ▲ 26% vs 2023 (€ 2,257,396) Favourable step	€ 3,884,456 Equity 2025: € 3,884,456 ▲ 37% vs 2024 (€ 2,843,324) Favourable step	▲ 37%
Total debts	€ 1,817,332 Total debts 2022: € 1,817,332 First fiscal year in the series	€ 4,115,121 Total debts 2023: € 4,115,121 ▲ 126% vs 2022 (€ 1,817,332) Unfavourable step	€ 5,956,476 Total debts 2024: € 5,956,476 ▲ 45% vs 2023 (€ 4,115,121) Unfavourable step	€ 9,973,429 Total debts 2025: € 9,973,429 ▲ 67% vs 2024 (€ 5,956,476) Unfavourable step	▲ 67%
Cash	€ 37,299 Cash 2022: € 37,299 First fiscal year in the series	€ 44,073 Cash 2023: € 44,073 ▲ 18% vs 2022 (€ 37,299) Favourable step	€ 0 Cash 2024: € 0 ▼ 100% vs 2023 (€ 44,073) Unfavourable step	-
Retained profit	€ 1,529,520 Retained profit 2022: € 1,529,520 First fiscal year in the series	€ 2,207,417 Retained profit 2023: € 2,207,417 ▲ 44% vs 2022 (€ 1,529,520) Favourable step	€ 2,793,345 Retained profit 2024: € 2,793,345 ▲ 27% vs 2023 (€ 2,207,417) Favourable step	€ 3,834,477 Retained profit 2025: € 3,834,477 ▲ 37% vs 2024 (€ 2,793,345) Favourable step	▲ 37%
Bank debt	€ 645,410 Bank debt 2022: € 645,410 First fiscal year in the series	€ 579,642 Bank debt 2023: € 579,642 ▼ 10% vs 2022 (€ 645,410) Favourable step	€ 512,935 Bank debt 2024: € 512,935 ▼ 12% vs 2023 (€ 579,642) Favourable step	€ 445,278 Bank debt 2025: € 445,278 ▼ 13% vs 2024 (€ 512,935) Favourable step	▼ 13%
Balance sheet total	€ 3,396,831 Balance sheet total 2022: € 3,396,831 First fiscal year in the series	€ 6,372,516 Balance sheet total 2023: € 6,372,516 ▲ 88% vs 2022 (€ 3,396,831) Unchanged	€ 8,799,800 Balance sheet total 2024: € 8,799,800 ▲ 38% vs 2023 (€ 6,372,516) Unchanged	€ 13,857,884 Balance sheet total 2025: € 13,857,884 ▲ 57% vs 2024 (€ 8,799,800) Unchanged	▲ 57%
Employees (FTE)	11.9 Employees (FTE) 2022: 11.9 First fiscal year in the series	7.9 Employees (FTE) 2023: 7.9 ▼ 4 vs 2022 (11.9) Unchanged	6 Employees (FTE) 2024: 6 ▼ 1.9 vs 2023 (7.9) Unchanged	3.7 Employees (FTE) 2025: 3.7 ▼ 2.3 vs 2024 (6) Unchanged	▼ 2.3

Key figures of OBJECTIVE, 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 OBJECTIVE?

What happened at OBJECTIVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Nicola Marrison stepped down as director. NBB
2027 Hellen Stein stepped down as director. NBB
Aug 6, 2026 New annual accounts for financial year 2025: profit of € 1 million (▲ 78% vs 2024). filed late Source: NBB ↗
2025 Duane George stepped down as director. NBB
2024 Irena Majumdar became a director. NBB
2022 Nicola Marrison became a director. NBB
2022 Hellen Stein became a director. NBB
2022 Duane George became a director. NBB

In short

From € 583,692 profit in 2022 to € 1 million profit in 2025.

Paid € 1.3 million in corporate taxes since 2022.

Best year ever: 2025, with € 1 million profit.

On average € 460,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Objective International

OBJECTIVE

Behind OBJECTIVE is Irena Majumdar. The shares are held by Objective International.

Directors

According to the 2025 annual accounts

Irena Majumdar

Director

Also active at: ROSS SYSTEMS EUROPE, OBJECTIVE BELGIUM, Objective Holding, Aptean Drink-IT, OBJECTIVE INTERNATIONAL

since 2024

Nicola Marrison

Director

Also active at: OBJECTIVE BELGIUM, Objective Holding, OBJECTIVE INTERNATIONAL

since 2022 · until 2027

Hellen Stein

Director

Also active at: OBJECTIVE BELGIUM, Objective Holding, Aptean Drink-IT, LOGILITY, OBJECTIVE INTERNATIONAL

since 2022 · until 2027

Duane George

Director

Also active at: OBJECTIVE BELGIUM, Objective Holding, Aptean Drink-IT, OBJECTIVE INTERNATIONAL

since 2022 · until 2025

Shareholders

Objective International

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Meerbos 2

9260 Wichelen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.

All companies at this address →

Algemene Ondernemingen Scheirlinck Hervé

€ 1.3 million gross margin · 2025

ROSS SYSTEMS EUROPE same network

€ 347,786 revenue · 2025

OBJECTIVE BELGIUM same network

€ 8.2 million revenue · 2025

APIPRO MAINTENANCE SYSTEMS

€ 1.9 million gross margin · 2025

THV SCHEIRLINCK-RONOH

+6 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0546.732.184

VAT number

BE 0546.732.184

Registered office

Meerbos 2, 9260 Wichelen

Names & denominations

OBJECTIVE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 February 2014

Peppol

Active · Active since 30 Dec 2025

Contact

+32 52432080

Activities · NACE

Ontwerpen van computerprogramma’s

Ontwerpen en programmeren van computerprogramma's

View on CBE Public ↗ Annual accounts (NBB) ↗

OBJECTIVE

Warning lights

Financials

What happened to OBJECTIVE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions