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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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BANN from Blankenberge, company number BE0693810613, closed financial year 2025 with a result of € 210 after tax. For that financial year BANN recorded a gross margin of € 793,063 and equity of € -435,399. Compared with financial year 2024, the result moved from € -77,332 to € 210. Profitable, and profit is growing. 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 July 9, 2026.
€ -435,399
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 210
▲ still € 77,332 loss in 2024
Profit after tax over the fiscal year.
€ 49,175
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -453,999.
People and assets in 2025
8.9
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 533,046
▲ 39% vs 2024
€ 59,900 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.
€ 6,045
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 464,803
▼ 11% vs 2024
€ 60,573 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 76,675
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88,576
▲ 73% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 590,652 | € 1,164,044 | - | - | |
| Gross margin | € 249,558 | € 549,368 | € 538,029 | € 793,063 | ▲ 47% |
| Profit after taxes | € -144,876 | € 15,477 | € -77,332 | € 210 | ▲ € 77,542 |
| Equity | € -373,754 | € -358,277 | € -435,609 | € -435,399 | |
| Total debts | € 1,007,586 | € 1,421,087 | € 1,328,785 | € 1,088,835 | ▼ 18% |
| Cash | € 9,548 | € 248,068 | € 175,451 | € 49,175 | ▼ 72% |
| Retained profit | € -392,354 | € -376,877 | € -454,209 | € -453,999 | |
| Bank debt | € 642,050 | € 583,213 | € 524,459 | € 464,803 | ▼ 11% |
| Balance sheet total | € 633,832 | € 1,062,810 | € 893,176 | € 653,437 | ▼ 27% |
| Employees (FTE) | 4.5 | 5 | 7.7 | 8.9 | ▲ 1.2 |
Key figures of BANN, 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 BANN?
What happened at BANN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MATHILO BV stepped down as director. NBB
- Frédéric Loots stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 210. Source: NBB ↗
- New establishment in Blankenberge. KBO
- New establishment in Blankenberge. KBO
- MATHILO BV became a director. NBB
- Frédéric Loots became a director. NBB
- New establishment in Blankenberge. KBO
In short
From € 144,876 loss in 2022 to € 210 profit in 2025.
Paid € 1,081 in corporate taxes since 2022.
Best year ever: 2023, with € 15,477 profit.
On average € 89,100 of value added per employee in 2025.
Management
The stake of ALYCHLO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BANNThe shares are held by ALYCHLO (50%).
Directors
According to the 2025 annual accounts
Director · represented by Els Haeck
Also active at: The Big Smile Company, ARE², Oostende Stadion, Aspen Indoor, SnowWorld International, Résidence du Sanglier, Comate Holding, Comate Ventures +4 more
since 2022 · until 2028
Frédéric Loots
Director
since 2022 · until 2028
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vissersstraat 55-59
8370 Blankenberge
Vissersstraat 55-57
8370 Blankenberge
Active since 27 April 2018
Vissersstraat 59
8370 Blankenberge
Active since 25 May 2022
Zeedijk 188
8370 Blankenberge
Active since 1 July 2023
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
- 0693.810.613
- VAT number
- BE 0693.810.613
- Registered office
- Vissersstraat 55-59, 8370 Blankenberge
- Names & denominations
- BANN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2018
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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