Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
The White Engine from Antwerpen, company number BE0756467663, closed financial year 2025 with a result of € 137,774 after tax. For that financial year The White Engine recorded a gross margin of € 315,569 and equity of € 835,994. Compared with financial year 2024, the result moved from € 52,291 to € 137,774. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 835,994
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,774
▲ 163% vs 2024
Profit after tax over the fiscal year.
€ 14,840
▲ 144% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 834,994.
People and assets in 2025
€ 20,648
▼ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 55,698
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 390,500
Loans from banks and other lenders, long and short.
€ 1,828
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,495
▼ 57% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 720,909 | € 284,953 | € 241,981 | € 315,569 | ▲ 30% |
| Profit after taxes | € 437,273 | € 87,687 | € 52,291 | € 137,774 | ▲ 163% |
| Equity | € 558,242 | € 645,929 | € 698,220 | € 835,994 | ▲ 20% |
| Total debts | € 1,383,155 | € 1,698,345 | € 1,742,146 | € 1,579,813 | ▼ 9% |
| Cash | € 57,552 | € 1,200 | € 6,076 | € 14,840 | ▲ 144% |
| Land & buildings | € 1,159,424 | € 1,387,401 | € 1,372,843 | € 1,338,735 | ▼ 2% |
| Retained profit | € 557,242 | € 644,929 | € 697,220 | € 834,994 | ▲ 20% |
| Bank debt | € 390,500 | € 390,500 | € 390,500 | € 390,500 | |
| Balance sheet total | € 1,941,398 | € 2,344,274 | € 2,440,366 | € 2,415,806 | ▼ 1% |
Key figures of The White Engine, 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 The White Engine?
What happened at The White Engine in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 137,774 (▲ 163% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Pierre Stevens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 437,273 profit in 2022 to € 137,774 profit in 2025.
Paid € 342,213 in corporate taxes since 2022.
Best year ever: 2022, with € 437,273 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind The White Engine is Pierre Stevens. It owns 18.3% of AVIATIZE itself.
Directors
According to the 2025 annual accounts
Pierre Stevens
Director
Also active at: Kaasimport Jan Dupont, CAMAL, HERITAGE 1466, JOKALI, CHEESELINE, YSCO, KJD Consult, Aviatize +1 more
since 2020
Establishments
Establishment units
Physical locations of this company
Jan Van Rijswijcklaan 108
2018 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0756.467.663
- VAT number
- BE 0756.467.663
- Registered office
- Jan Van Rijswijcklaan 108, 2018 Antwerpen
- Names & denominations
- The White Engine
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 2020
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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