Financials
Financial year 2025
Submerge from Meise, company number BE0715715785, closed financial year 2025 with a result of € 29,661 after tax. For that financial year Submerge recorded a gross margin of € 44,192 and equity of € 18,550. Compared with financial year 2024, the result moved from € 22,295 to € 29,661. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 3, 2026.
€ 18,550
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,661
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 88,431
▲ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 29,661 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,375
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 216
▼ 64% vs 2024
Loans from banks and other lenders, long and short.
€ 4,117
▲ 170% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,860
▲ 250% 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 | € 191,546 | € 160,073 | € 174,213 | - | |
| Gross margin | € 69,507 | € 25,534 | € 35,481 | € 44,192 | ▲ 25% |
| Profit after taxes | € 49,897 | € 14,250 | € 22,295 | € 29,661 | ▲ 33% |
| Equity | € 6,617 | € 18,550 | € 18,550 | € 18,550 | |
| Total debts | € 142,660 | € 79,430 | € 72,555 | € 88,382 | ▲ 22% |
| Cash | € 102,850 | € 55,967 | € 48,969 | € 88,431 | ▲ 81% |
| Retained profit | € 417 | € 0 | € 0 | € 0 | |
| Dividend | € 119,000 | € 14,667 | € 22,295 | € 29,661 | ▲ 33% |
| Bank debt | € 0 | € 0 | € 606 | € 216 | ▼ 64% |
| Balance sheet total | € 149,277 | € 97,980 | € 91,105 | € 106,932 | ▲ 17% |
Key figures of Submerge, 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 Submerge?
What happened at Submerge in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 29,661 (▲ 33% vs 2024). Source: NBB ↗
- New establishment in Meise. KBO
- Start of the company according to the CBE. KBO
- Matthew Van Kuyk became a director. NBB
In short
From € 49,897 profit in 2022 to € 29,661 profit in 2025.
Paid € 40,306 in corporate taxes since 2022.
Best year ever: 2022, with € 49,897 profit.
Paid out € 185,622 in dividends to the owners in total.
Management
Behind Submerge is Matthew Van Kuyk. Matthew Van Kuyk is also behind Own-It and O2IT.
Establishments
Establishment units
Physical locations of this company
Kapittellaan 3
1860 Meise
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0715.715.785
- VAT number
- BE 0715.715.785
- Registered office
- Kapittellaan 3, 1860 Meise
- Names & denominations
- Submerge
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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