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 2 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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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Objective Holding from Wichelen, company number BE0713616033, closed financial year 2025 with a result of € -2.4 million after tax. For that financial year Objective Holding recorded revenue of € 241,313 and equity of € -4.7 million. Compared with financial year 2024, the result moved from € -5.8 million to € -2.4 million. 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 August 6, 2026.
€ -4.7 million
▼ € 2.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.4 million
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8.9 million.
Debts at end 2025
€ 26.3 million
▲ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 416,208
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 3010 days on average.
€ 18,771
▲ € 14,574 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 458,145 | € 290,620 | € 271,907 | € 241,313 | ▼ 11% |
| Profit after taxes | € 23,942 | € -666,357 | € -5,778,605 | € -2,407,200 | ▲ € 3.4 million |
| Equity | € 4,130,272 | € 3,463,915 | € -2,314,691 | € -4,721,890 | ▼ € 2.4 million |
| Total debts | € 11,295,384 | € 26,524,764 | € 27,206,378 | € 28,218,697 | ▲ 4% |
| Cash | € 15,221 | € 11,981 | € 0 | - | |
| Retained profit | € -19,728 | € -686,085 | € -6,464,691 | € -8,871,890 | ▼ € 2.4 million |
| Bank debt | € 11,293,320 | € 24,718,555 | € 25,541,746 | € 26,290,674 | ▲ 3% |
| Balance sheet total | € 15,425,656 | € 29,988,679 | € 24,891,687 | € 23,496,807 | ▼ 6% |
Key figures of Objective Holding, 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 Objective Holding?
What happened at Objective Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Irena Majumdar stepped down as director. NBB
- Nicola Marrison stepped down as director. NBB
- Hellen Stein stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2.4 million. filed late Source: NBB ↗
- Duane George stepped down as director. NBB
- Irena Majumdar became a director. NBB
- Nicola Marrison became a director. NBB
- Duane George became a director. NBB
In short
From € 23,942 profit in 2022 to € 2.4 million loss in 2025.
Best year ever: 2022, with € 23,942 profit.
Management
The shares are held by Aptean Jersey Bidco (100%). It owns 100% of Aptean Drink-IT and 100% of Objective International itself.
Directors
According to the 2025 annual accounts
Irena Majumdar
Director
Also active at: ROSS SYSTEMS EUROPE, OBJECTIVE BELGIUM, OBJECTIVE, Aptean Drink-IT, OBJECTIVE INTERNATIONAL
since 2024 · until 2030
since 2022 · until 2027
Hellen Stein
Director
Also active at: OBJECTIVE BELGIUM, OBJECTIVE, Aptean Drink-IT, LOGILITY, OBJECTIVE INTERNATIONAL
since 2021 · until 2027
Duane George
Director
Also active at: OBJECTIVE BELGIUM, OBJECTIVE, Aptean Drink-IT, OBJECTIVE INTERNATIONAL
since 2022 · until 2025
Shareholders
Aptean Jersey Bidco
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Meerbos 2
9260 Wichelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Algemene Ondernemingen Scheirlinck Hervé
€ 1.3 million gross margin · 2025
ROSS SYSTEMS EUROPE same network
€ 347,786 revenue · 2025
OBJECTIVE BELGIUM same network
€ 8.2 million revenue · 2025
APIPRO MAINTENANCE SYSTEMS
€ 1.9 million gross margin · 2025
OBJECTIVE same network
€ 2 million revenue · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0713.616.033
- VAT number
- BE 0713.616.033
- Registered office
- Meerbos 2, 9260 Wichelen
- Names & denominations
- Objective Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2018
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings