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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ENCOR-DESIGNS from Thimister-Clermont, company number BE0749593432, closed financial year 2025 with a result of € -1,277 after tax. For that financial year ENCOR-DESIGNS recorded a gross margin of € -7,094 and equity of € 24,431. Compared with financial year 2024, the result moved from € -33,738 to € -1,277. The company made a loss. The buffer shrank hard: equity is 94 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 24,431
▼ 94% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,277
▲ 96 % less loss than in 2024
Profit after tax over the fiscal year.
€ 240,672
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 21,431.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 36,936
▼ 33% 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.
€ 535
Supplier invoices still open on the last day of the fiscal year.
€ 10,500
▲ 17% 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 | € 229,374 | € 51,493 | € -12,977 | € -7,094 | ▲ € 5,883 |
| Profit after taxes | € 174,186 | € 30,280 | € -33,738 | € -1,277 | ▲ € 32,461 |
| Equity | € 469,166 | € 499,446 | € 405,708 | € 24,431 | ▼ 94% |
| Total debts | € 53,901 | € 3,547 | € 60,000 | € 283,035 | ▲ € 223,035 |
| Cash | € 489,231 | € 398,053 | € 380,121 | € 240,672 | ▼ 37% |
| Retained profit | € 466,166 | € 496,446 | € 402,708 | € 21,431 | ▼ 95% |
| Dividend | € 0 | € 0 | € 60,000 | € 380,000 | ▲ € 320,000 |
| Balance sheet total | € 523,067 | € 502,993 | € 465,708 | € 307,466 | ▼ 34% |
Key figures of ENCOR-DESIGNS, 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 ENCOR-DESIGNS?
What happened at ENCOR-DESIGNS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,277. Source: NBB ↗
- New establishment in Thimister-Clermont. KBO
- Start of the company according to the CBE. KBO
- Timothée NOTERDAEME became a director. NBB
In short
From € 174,186 profit in 2022 to € 1,277 loss in 2025.
Paid € 58,759 in corporate taxes since 2022.
Best year ever: 2022, with € 174,186 profit.
Paid out € 440,000 in dividends to the owners in total.
Management
Behind ENCOR-DESIGNS is Timothée NOTERDAEME. Timothée NOTERDAEME is also behind iCOAST.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Baudouinthier 2
4890 Thimister-Clermont
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
- 0749.593.432
- VAT number
- BE 0749.593.432
- Registered office
- Baudouinthier 2, 4890 Thimister-Clermont
- Names & denominations
- ENCOR-DESIGNS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2020
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
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