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 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TO THE WIRE from Zwalm, company number BE0761510673, closed financial year 2025 with a result of € 6,449 after tax. For that financial year TO THE WIRE recorded a gross margin of € 31,608 and equity of € 23,854. Compared with financial year 2024, the result moved from € 20,498 to € 6,449. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2026.
€ 23,854
▼ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,449
▼ 69% vs 2024
Profit after tax over the fiscal year.
€ 5,955
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 21,000 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.
€ 33,734
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,810
▼ 26% vs 2024
€ 15,550 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14,663
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,026
▲ € 11,087 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,677 | € 24,982 | € 43,464 | € 31,608 | ▼ 27% |
| Profit after taxes | € 18,674 | € 9,853 | € 20,498 | € 6,449 | ▼ 69% |
| Equity | € 38,054 | € 47,908 | € 38,406 | € 23,854 | ▼ 38% |
| Total debts | € 92,493 | € 74,457 | € 93,617 | € 92,642 | ▼ 1% |
| Cash | € 14,780 | € 6,557 | € 23,348 | € 5,955 | ▼ 74% |
| Retained profit | € 36,054 | € 45,908 | € 36,406 | € 21,854 | ▼ 40% |
| Dividend | € 800 | € 0 | € 30,000 | € 21,000 | ▼ 30% |
| Bank debt | € 56,894 | € 45,257 | € 33,441 | € 24,810 | ▼ 26% |
| Balance sheet total | € 130,548 | € 122,364 | € 132,023 | € 116,496 | ▼ 12% |
Key figures of TO THE WIRE, 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 TO THE WIRE?
What happened at TO THE WIRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,449 (▼ 69% vs 2024). filed late Source: NBB ↗
- New establishment in Flobecq. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,674 profit in 2022 to € 6,449 profit in 2025.
Paid € 17,972 in corporate taxes since 2022.
Best year ever: 2024, with € 20,498 profit.
Paid out € 51,800 in dividends to the owners in total.
Management
Behind TO THE WIRE is JEROEN DE BLEECKER.
Directors
According to the 2025 annual accounts
JEROEN DE BLEECKER
Director
Establishments
Establishment units
Physical locations of this company
Veldstraat(Munk) 26
9630 Zwalm
Panlevé 8 box B
7880 Flobecq
Active since 12 January 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0761.510.673
- VAT number
- BE 0761.510.673
- Registered office
- Veldstraat(Munk) 26, 9630 Zwalm
- Names & denominations
- TO THE WIRE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2021
- Peppol
- Active · Active since 1 Nov 2025
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