Financials
Financial year 2026
THE INITIATIVE from Merchtem, company number BE0627930290, closed financial year 2026 with a result of € 3,970 after tax. For that financial year THE INITIATIVE recorded a gross margin of € 26,860 and equity of € 36,855. Compared with financial year 2025, the result moved from € 7,076 to € 3,970. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2026.
€ 36,855
▲ 80% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,970
▼ 44% vs 2025
Profit after tax over the fiscal year.
€ 11,846
▼ 89% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 18,255.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,802
▲ 257% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 17,911
▼ 36% vs 2025
Loans from banks and other lenders, long and short.
€ 3,343
▲ 71% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 1,611
▼ 80% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 61,892 | € 44,514 | € 32,775 | € 26,860 | ▼ 18% |
| Profit after taxes | € 29,711 | € 16,834 | € 7,076 | € 3,970 | ▼ 44% |
| Equity | € 97,198 | € 114,032 | € 20,485 | € 36,855 | ▲ 80% |
| Total debts | € 64,658 | € 55,896 | € 160,589 | € 42,862 | ▼ 73% |
| Cash | € 57,950 | € 87,722 | € 105,605 | € 11,846 | ▼ 89% |
| Retained profit | € 90,998 | € 107,832 | € 14,285 | € 18,255 | ▲ 28% |
| Dividend | € 0 | € 0 | € 100,623 | € 0 | ▼ 100% |
| Bank debt | € 27,911 | € 27,911 | € 27,911 | € 17,911 | ▼ 36% |
| Balance sheet total | € 161,856 | € 169,928 | € 181,074 | € 79,717 | ▼ 56% |
Key figures of THE INITIATIVE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to THE INITIATIVE?
What happened at THE INITIATIVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 3,970 (▼ 44% vs 2025). Source: NBB ↗
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,711 profit in 2023 to € 3,970 profit in 2026.
Paid € 20,881 in corporate taxes since 2023.
Best year ever: 2023, with € 29,711 profit.
Paid out € 100,623 in dividends to the owners in total.
Management
Behind THE INITIATIVE is Laurent BOUSSE.
Directors
According to the 2026 annual accounts
Laurent BOUSSE
Director
Establishments
Establishment units
Physical locations of this company
Linthoutstraat 11
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0627.930.290
- VAT number
- BE 0627.930.290
- Registered office
- Linthoutstraat 11, 1785 Merchtem
- Names & denominations
- THE INITIATIVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2015
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- desluitsteen.be
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