N 18 is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 29 August 2017, 1 establishment.

What is the address of N 18?

The registered office of N 18 is located at Kerkhovenweg 77, 3970 Leopoldsburg.

Is N 18 still active?

Yes. According to the CBE (16 September 2026) N 18 is active, legal situation “Normale toestand”, started on 29 August 2017.

Is N 18 registered on Peppol?

Yes, N 18 is registered on the Peppol network with ID 0208:0680521811.

What is the enterprise number of N 18?

The enterprise number of N 18 is BE0680521811.

When was N 18 founded?

N 18 was founded on 29 August 2017.

Who are the directors of N 18?

According to the 2025 annual accounts, the directors of N 18 are: Lindsay Vanderreydt.

Is N 18 a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 August 2017; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did N 18 make in 2025?

N 18 recorded a loss after taxes of € 22,544 in financial year 2025.

What is the revenue of N 18?

As a small company, N 18 is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 6,324.

N 18 (Private Limited) - Leopoldsburg - BE0680521811

Dossier N 18, printed on 16 September 2026 from databakkes.be/en/0680521811/n-18. 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.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2024.

Financials

Financial year 2025

N 18 from Leopoldsburg, company number BE0680521811, closed financial year 2025 with a result of € -22,544 after tax. For that financial year N 18 recorded a gross margin of € 6,324 and equity of € -13,694. Compared with financial year 2024, the result moved from € -39,225 to € -22,544. 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 October 29, 2025.

What it is worth Caution

€ -13,694

▼ € 22,544 vs 2024

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

Loss Caution

€ -22,544

▲ 43 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,950

▼ 57% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -14,694.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 444 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 444

▼ 99% vs 2024

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Debts at end 2025

Bank debt ≈ 23 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.

€ 233,124

€ 10,311 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.

Owed to suppliers

€ 4,896

▼ 87% vs 2024

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

Taxes

€ 3,439

▲ € 2,849 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 404,773 Gross margin 2022: € 404,773 First fiscal year in the series	€ 300,109 Gross margin 2023: € 300,109 ▼ 26% vs 2022 (€ 404,773) Unfavourable step	€ 30,282 Gross margin 2024: € 30,282 ▼ 90% vs 2023 (€ 300,109) Unfavourable step	€ 6,324 Gross margin 2025: € 6,324 ▼ 79% vs 2024 (€ 30,282) Unfavourable step	▼ 79%
Profit after taxes	€ -41,230 Profit after taxes 2022: € -41,230 First fiscal year in the series	€ -64,454 Profit after taxes 2023: € -64,454 ▼ € 23,224 vs 2022 (€ -41,230) Unfavourable step	€ -39,225 Profit after taxes 2024: € -39,225 ▲ € 25,229 vs 2023 (€ -64,454) Favourable step	€ -22,544 Profit after taxes 2025: € -22,544 ▲ € 16,681 vs 2024 (€ -39,225) Favourable step	▲ € 16,681
Equity	€ 112,530 Equity 2022: € 112,530 First fiscal year in the series	€ 48,075 Equity 2023: € 48,075 ▼ 57% vs 2022 (€ 112,530) Unfavourable step	€ 8,850 Equity 2024: € 8,850 ▼ 82% vs 2023 (€ 48,075) Unfavourable step	€ -13,694 Equity 2025: € -13,694 ▼ € 22,544 vs 2024 (€ 8,850) Unfavourable step	▼ € 22,544
Total debts	€ 405,190 Total debts 2022: € 405,190 First fiscal year in the series	€ 342,012 Total debts 2023: € 342,012 ▼ 16% vs 2022 (€ 405,190) Favourable step	€ 84,613 Total debts 2024: € 84,613 ▼ 75% vs 2023 (€ 342,012) Favourable step	€ 322,254 Total debts 2025: € 322,254 ▲ 281% vs 2024 (€ 84,613) Unfavourable step	▲ 281%
Cash	€ 14,648 Cash 2022: € 14,648 First fiscal year in the series	€ 6,548 Cash 2023: € 6,548 ▼ 55% vs 2022 (€ 14,648) Unfavourable step	€ 6,814 Cash 2024: € 6,814 ▲ 4% vs 2023 (€ 6,548) Favourable step	€ 2,950 Cash 2025: € 2,950 ▼ 57% vs 2024 (€ 6,814) Unfavourable step	▼ 57%
Land & buildings	-	-	€ 23,548 Land & buildings 2024: € 23,548 First fiscal year in the series	€ 265,370 Land & buildings 2025: € 265,370 ▲ € 241,822 vs 2024 (€ 23,548) Unchanged	▲ € 241,822
Retained profit	€ 111,530 Retained profit 2022: € 111,530 First fiscal year in the series	€ 47,075 Retained profit 2023: € 47,075 ▼ 58% vs 2022 (€ 111,530) Unfavourable step	€ 7,850 Retained profit 2024: € 7,850 ▼ 83% vs 2023 (€ 47,075) Unfavourable step	€ -14,694 Retained profit 2025: € -14,694 ▼ € 22,544 vs 2024 (€ 7,850) Unfavourable step	▼ € 22,544
Bank debt	€ 198,373 Bank debt 2022: € 198,373 First fiscal year in the series	€ 166,386 Bank debt 2023: € 166,386 ▼ 16% vs 2022 (€ 198,373) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 166,386) Favourable step	€ 233,124 Bank debt 2025: € 233,124 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 517,720 Balance sheet total 2022: € 517,720 First fiscal year in the series	€ 390,087 Balance sheet total 2023: € 390,087 ▼ 25% vs 2022 (€ 517,720) Unchanged	€ 93,463 Balance sheet total 2024: € 93,463 ▼ 76% vs 2023 (€ 390,087) Unchanged	€ 308,560 Balance sheet total 2025: € 308,560 ▲ 230% vs 2024 (€ 93,463) Unchanged	▲ 230%

Key figures of N 18, 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 N 18?

What happened at N 18 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 29, 2025 New annual accounts for financial year 2025: loss of € 22,544. Source: NBB ↗
2021 Lindsay Vanderreydt became a director. NBB
Aug 29, 2017 New establishment in Leopoldsburg. KBO
Aug 29, 2017 Start of the company according to the CBE. KBO

In short

From € 41,230 loss in 2022 to € 22,544 loss in 2025.

Paid € 1,055 in corporate taxes since 2022.

Original PDFs at the National Bank ↗

A new publication or filing at N 18? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Lindsay Vanderreydt

N 18

Behind N 18 is Lindsay Vanderreydt.

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Directors

According to the 2025 annual accounts

Lindsay Vanderreydt

Director

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Kerkhovenweg 77

3970 Leopoldsburg

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

Details

Company number

0680.521.811

VAT number

BE 0680.521.811

Registered office

Kerkhovenweg 77, 3970 Leopoldsburg

Names & denominations

N 18

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 August 2017

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Overige zakelijke dienstverlening, neg

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

N 18

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Financials

What happened to N 18?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

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