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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Negative equity NBB
More debt than assets in 4 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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE VERBINDING from Tienen, company number BE0654912920, closed financial year 2025 with a result of € -18,722 after tax. For that financial year DE VERBINDING recorded a gross margin of € 46,914 and equity of € -117,731. Compared with financial year 2024, the result moved from € -17,073 to € -18,722. 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 June 30, 2026.
€ -117,731
▼ € 18,722 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,722
▼ 10 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,045
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -136,331.
Debts at end 2025
€ 420,160
▼ 6% vs 2024
€ 25,088 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 114
▼ € 43,311 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,768
▼ 18% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,359 | € -2,997 | € -3,320 | € 46,914 | ▲ € 50,234 |
| Profit after taxes | € 2,670 | € -10,650 | € -17,073 | € -18,722 | ▼ € 1,649 |
| Equity | € -71,286 | € -81,936 | € -99,009 | € -117,731 | ▼ € 18,722 |
| Total debts | € 767,919 | € 1,126,523 | € 1,593,117 | € 1,618,043 | ▲ 2% |
| Cash | € 3,738 | € 4,336 | € 7,455 | € 2,045 | ▼ 73% |
| Land & buildings | € 688,713 | € 1,032,228 | € 1,477,427 | € 1,459,178 | ▼ 1% |
| Retained profit | € -89,886 | € -100,536 | € -117,609 | € -136,331 | ▼ € 18,722 |
| Bank debt | € 493,508 | € 469,374 | € 444,926 | € 420,160 | ▼ 6% |
| Balance sheet total | € 696,633 | € 1,044,587 | € 1,494,108 | € 1,500,312 |
Key figures of DE VERBINDING, 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 DE VERBINDING?
What happened at DE VERBINDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,722. Source: NBB ↗
- New establishment in Tienen. KBO
- Gerda Ottenbourg became a director. NBB
- Johan Wuyts became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,670 profit in 2022 to € 18,722 loss in 2025.
Best year ever: 2022, with € 2,670 profit.
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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
Management
Behind DE VERBINDING are Gerda Ottenbourg and Johan Wuyts.
Directors
According to the 2025 annual accounts
Gerda Ottenbourg
Director
since 2016
Johan Wuyts
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Kerkstraat 10
3300 Tienen
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.
Details
- Company number
- 0654.912.920
- VAT number
- BE 0654.912.920
- Registered office
- Kerkstraat 10, 3300 Tienen
- Names & denominations
- DE VERBINDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2016
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Administratieve en ondersteunende activiteiten ten behoeve van kantoren