Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
The Binary One from Hasselt, company number BE0637956429, closed financial year 2024 with a result of € 18,486 after tax. For that financial year The Binary One recorded a gross margin of € 101,633 and equity of € 275,665. Compared with financial year 2023, the result moved from € 28,361 to € 18,486. 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 December 18, 2025.
€ 275,665
▲ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,486
▼ 35% vs 2023
Profit after tax over the fiscal year.
€ 23,132
▼ 83% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 263,265.
People and assets in 2024
€ 4,212
▼ 2% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 192,911
▲ € 187,356 vs 2023
€ 11,940 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 27,114
▲ € 23,491 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 12,083
▲ 38% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 84,360 | € 77,324 | € 72,231 | € 101,633 | ▲ 41% |
| Profit after taxes | € 43,510 | € 35,107 | € 28,361 | € 18,486 | ▼ 35% |
| Equity | € 193,711 | € 228,818 | € 257,179 | € 275,665 | ▲ 7% |
| Total debts | € 137,316 | € 113,068 | € 98,031 | € 339,774 | ▲ 247% |
| Cash | € 87,829 | € 111,464 | € 136,161 | € 23,132 | ▼ 83% |
| Land & buildings | € 116,595 | € 111,381 | € 105,387 | € 172,972 | ▲ 64% |
| Retained profit | € 181,311 | € 216,418 | € 244,779 | € 263,265 | ▲ 8% |
| Bank debt | € 43,513 | € 20,953 | € 5,555 | € 192,911 | ▲ € 187,356 |
| Balance sheet total | € 331,027 | € 341,886 | € 355,210 | € 615,439 | ▲ 73% |
Key figures of The Binary One, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to The Binary One?
What happened at The Binary One in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 18,486 (▼ 35% vs 2023). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,510 profit in 2021 to € 18,486 profit in 2024.
Paid € 48,592 in corporate taxes since 2021.
Best year ever: 2021, with € 43,510 profit.
A new publication or filing at The Binary One? 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
Establishments
Establishment units
Physical locations of this company
Herkenrodesingel 21 box 51
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
DNS
Cloudflare DNS
Domain
Domain
thebinaryone.eu
Registrar
Registrar.eu
Website info
Features
Security
Details
- Company number
- 0637.956.429
- VAT number
- BE 0637.956.429
- Registered office
- Herkenrodesingel 21 bus 51, 3500 Hasselt
- Names & denominations
- The Binary One
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2015
- Peppol
- Active · Active since 17 Mar 2025
- Contact
- thebinaryone.eu
- Activities · NACE
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