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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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
OBEX from Tielt, company number BE0726859503, closed financial year 2025 with a result of € 68,197 after tax. For that financial year OBEX recorded a gross margin of € 114,071 and equity of € 61,445. Compared with financial year 2024, the result moved from € 57,959 to € 68,197. 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 February 26, 2026.
€ 61,445
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,197
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 42,909
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 109,965 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 11,886
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 103,765
▼ 14% vs 2024
€ 17,437 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 8,125
▲ € 6,193 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,871
▲ 288% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 99,958 | € 99,343 | € 100,442 | € 114,071 | ▲ 14% |
| Profit after taxes | € 59,622 | € 56,930 | € 57,959 | € 68,197 | ▲ 18% |
| Equity | € 126,262 | € 126,262 | € 103,213 | € 61,445 | ▼ 40% |
| Total debts | € 252,891 | € 222,785 | € 247,721 | € 267,697 | ▲ 8% |
| Cash | € 6,915 | € 7,063 | € 46,547 | € 42,909 | ▼ 8% |
| Land & buildings | € 203,797 | € 203,651 | € 199,112 | € 194,573 | ▼ 2% |
| Retained profit | € 121,262 | € 121,262 | € 98,213 | € 56,445 | ▼ 43% |
| Dividend | € 59,622 | € 56,930 | € 81,008 | € 109,965 | ▲ 36% |
| Bank debt | € 154,252 | € 138,855 | € 120,675 | € 103,765 | ▼ 14% |
| Balance sheet total | € 379,153 | € 349,047 | € 350,934 | € 329,142 | ▼ 6% |
Key figures of OBEX, 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 OBEX?
What happened at OBEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 68,197 (▲ 18% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,622 profit in 2022 to € 68,197 profit in 2025.
Paid € 72,104 in corporate taxes since 2022.
Best year ever: 2025, with € 68,197 profit.
Paid out € 307,524 in dividends to the owners in total.
Management
Behind OBEX is Matthias Van Damme. Matthias Van Damme is also behind VAN MAERCKE PREFAB, ACAP, Vinasphalt, GAMA and STV - TRANS.
Directors
According to the 2025 annual accounts
Matthias Van Damme
Director
Also active at: VAN MAERCKE PREFAB, ACAP, Vinasphalt, GAMA, STV - TRANS, STADSBADER ROUTE, ASK Romein, Recydem West +4 more
Establishments
Establishment units
Physical locations of this company
Hulststraat 23
8700 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0726.859.503
- VAT number
- BE 0726.859.503
- Registered office
- Hulststraat 23, 8700 Tielt
- Names & denominations
- OBEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 2019
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Holdings
Activiteiten van holdings
Overige zakelijke dienstverlening, neg
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