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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SRL116 from Brussel, company number BE0718708632, closed financial year 2025 with a result of € -60,483 after tax. For that financial year SRL116 recorded a gross margin of € 271,625 and equity of € -237,301. Compared with financial year 2024, the result moved from € 82,618 to € -60,483. 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 September 30, 2026.
€ -237,301
▼ € 60,483 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,483
▼ still € 82,618 profit in 2024
Profit after tax over the fiscal year.
€ 20,095
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -243,656.
People and assets in 2025
13
Average over the fiscal year, from the social balance sheet.
€ 310,005
▼ 6% vs 2024
€ 23,800 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.
€ 5,986
▼ 2% 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.
€ 353,451
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 138,247
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 28,486 | € 551,433 | € 423,052 | € 271,625 | ▼ 36% |
| Profit after taxes | € -279,224 | € 52,841 | € 82,618 | € -60,483 | ▼ € 143,102 |
| Equity | € -312,277 | € -259,436 | € -176,818 | € -237,301 | ▼ € 60,483 |
| Total debts | € 1,397,271 | € 653,217 | € 550,849 | € 492,698 | ▼ 11% |
| Cash | € 72,334 | € 29,726 | € 28,036 | € 20,095 | ▼ 28% |
| Retained profit | € -318,477 | € -265,791 | € -183,173 | € -243,656 | ▼ € 60,483 |
| Balance sheet total | € 1,084,994 | € 393,781 | € 374,031 | € 255,396 | ▼ 32% |
| Employees (FTE) | 9.3 | 13.4 | 13 | 13 |
Key figures of SRL116, 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 SRL116?
What happened at SRL116 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 60,483 (▼ € 143,102 vs 2024). filed late Source: NBB ↗
- TOM BRUS became a director. NBB
- KEVIN HUERTA VAN ELLINKHUIZEN became a director. NBB
- MATHIEU SERRA became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 279,224 loss in 2022 to € 60,483 loss in 2025.
Paid € 53,536 in corporate taxes since 2022.
Best year ever: 2024, with € 82,618 profit.
On average € 20,900 of value added per employee in 2025.
Management
Behind SRL116 are TOM BRUS, KEVIN HUERTA VAN ELLINKHUIZEN and MATHIEU SERRA.
Directors
According to the 2025 annual accounts
TOM BRUS
Director
since 2022
KEVIN HUERTA VAN ELLINKHUIZEN
Director
since 2022
MATHIEU SERRA
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Grasmarkt 116
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Deep in House
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€ 169,314 gross margin · 2025
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€ 154,227 gross margin · 2025
+1 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
- 0718.708.632
- VAT number
- BE 0718.708.632
- Registered office
- Grasmarkt 116, 1000 Brussel
- Names & denominations
- SRL116 · 116
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2019
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Cafés en bars
Discotheken, dancings en dergelijke