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 5.3 to 3.2.
Financials
Financial year 2025
ROOT Company from Wavre, company number BE0686635185, closed financial year 2025 with a result of € 48,619 after tax. For that financial year ROOT Company recorded a gross margin of € 283,689 and equity of € 962,097. Compared with financial year 2024, the result moved from € 66,942 to € 48,619. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 14, 2026.
€ 962,097
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,619
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 533,774
▲ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 48,619 paid out
100 % of the profit went to the shareholders, mostly to REGIE MEDIA BELGE (50 % of the shares). That is where the money ends up.
People and assets in 2025
3.2
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 196,806
▼ 29% vs 2024
€ 61,500 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.
€ 2,245
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 430,455
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 105,564
▼ 40% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,833,477 | € 792,327 | € 441,743 | € 283,689 | ▼ 36% |
| Profit after taxes | € 920,327 | € 299,642 | € 66,942 | € 48,619 | ▼ 27% |
| Equity | € 640,460 | € 895,155 | € 962,097 | € 962,097 | |
| Total debts | € 1,324,808 | € 732,730 | € 585,833 | € 587,195 | |
| Cash | € 1,082,938 | € 647,730 | € 356,634 | € 533,774 | ▲ 50% |
| Retained profit | € 221,860 | € 476,555 | € 543,497 | € 543,497 | |
| Dividend | € 719,397 | € 44,946 | € 0 | € 48,619 | |
| Balance sheet total | € 1,965,268 | € 1,627,885 | € 1,615,624 | € 1,549,293 | ▼ 4% |
| Employees (FTE) | 5.9 | 5.3 | 4.6 | 3.2 | ▼ 1.4 |
Key figures of ROOT Company, 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 ROOT Company?
What happened at ROOT Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Yves GERARD stepped down as director. NBB
- Benoit Guillaume Gérald MICHIELSENS stepped down as director. NBB
- Massimo PAPA stepped down as director. NBB
- Stéphane Richard Cyriel LUCIEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 48,619 (▼ 27% vs 2024). filed late Source: NBB ↗
- Yves GERARD became a director. NBB
- Benoit Guillaume Gérald MICHIELSENS became a director. NBB
- Massimo PAPA became a director. NBB
In short
From € 920,327 profit in 2022 to € 48,619 profit in 2025.
Paid € 548,632 in corporate taxes since 2022.
Best year ever: 2022, with € 920,327 profit.
On average € 88,700 of value added per employee in 2025.
A new publication or filing at ROOT Company? 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
Management
The stake of REGIE MEDIA BELGE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ROOT CompanyThe shares are held by REGIE MEDIA BELGE (50.2%).
Directors
According to the 2025 annual accounts
since 2021 · until 2027
Benoit Guillaume Gérald MICHIELSENS
Director
since 2021 · until 2027
since 2021 · until 2027
Stéphane Richard Cyriel LUCIEN
Managing director
since 2021 · until 2027
Shareholders
50.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Voie des Cuirassiers 16
1300 Wavre
Rue Emile Francqui 11
1435 Mont-Saint-Guibert
Active since 2 April 2018
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
- 0686.635.185
- VAT number
- BE 0686.635.185
- Registered office
- Voie des Cuirassiers 16, 1300 Wavre
- Names & denominations
- ROOT Company
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2017
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
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