What does Initialize do?

Initialize is a management company in Merelbeke-Melle. Private Limited, started on 31 May 2021, 1 establishment.

What is the address of Initialize?

The registered office of Initialize is located at Oude Heirbaan 37 box 104, 9090 Merelbeke-Melle.

Is Initialize still active?

Yes. According to the CBE (18 September 2026) Initialize is active, legal situation “Normale toestand”, started on 31 May 2021.

Is Initialize registered on Peppol?

Yes, Initialize is registered on the Peppol network with ID 0208:0768893957.

What is the enterprise number of Initialize?

The enterprise number of Initialize is BE0768893957.

When was Initialize founded?

Initialize was founded on 31 May 2021.

Who are the directors of Initialize?

According to the 2025 annual accounts, the directors of Initialize are: Koen Roels.

Is Initialize a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 May 2021; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Initialize make in 2025?

Initialize posted a profit after taxes of € 48,546 in financial year 2025.

What is the revenue of Initialize?

As a small company, Initialize is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 64,849.

Initialize (Private Limited) - Merelbeke-Melle

Dossier Initialize, printed on 18 September 2026 from databakkes.be/en/0768893957/initialize. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Initialize from Merelbeke-Melle, company number BE0768893957, closed financial year 2025 with a result of € 48,546 after tax. For that financial year Initialize recorded a gross margin of € 64,849 and equity of € 42,546. Compared with financial year 2024, the result moved from € 21,086 to € 48,546. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.

What it is worth Growing

€ 42,546

▲ 27% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 48,546

▲ 130% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 59,657

▲ 61% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 39,560 paid out

81 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 190

▼ 71% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1,834

▲ € 1,718 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 22,302

▲ 85% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,875 Gross margin 2022: € 2,875 First fiscal year in the series	€ -20,598 Gross margin 2023: € -20,598 ▼ € 23,474 vs 2022 (€ 2,875) Unfavourable step	€ 23,351 Gross margin 2024: € 23,351 ▲ € 43,950 vs 2023 (€ -20,598) Favourable step	€ 64,849 Gross margin 2025: € 64,849 ▲ 178% vs 2024 (€ 23,351) Favourable step	▲ 178%
Profit after taxes	€ 643 Profit after taxes 2022: € 643 First fiscal year in the series	€ -22,373 Profit after taxes 2023: € -22,373 ▼ € 23,016 vs 2022 (€ 643) Unfavourable step	€ 21,086 Profit after taxes 2024: € 21,086 ▲ € 43,458 vs 2023 (€ -22,373) Favourable step	€ 48,546 Profit after taxes 2025: € 48,546 ▲ 130% vs 2024 (€ 21,086) Favourable step	▲ 130%
Equity	€ 34,847 Equity 2022: € 34,847 First fiscal year in the series	€ 12,475 Equity 2023: € 12,475 ▼ 64% vs 2022 (€ 34,847) Unfavourable step	€ 33,560 Equity 2024: € 33,560 ▲ 169% vs 2023 (€ 12,475) Favourable step	€ 42,546 Equity 2025: € 42,546 ▲ 27% vs 2024 (€ 33,560) Favourable step	▲ 27%
Total debts	€ 15,247 Total debts 2022: € 15,247 First fiscal year in the series	€ 3,475 Total debts 2023: € 3,475 ▼ 77% vs 2022 (€ 15,247) Favourable step	€ 15,033 Total debts 2024: € 15,033 ▲ € 11,558 vs 2023 (€ 3,475) Unfavourable step	€ 32,237 Total debts 2025: € 32,237 ▲ 114% vs 2024 (€ 15,033) Unfavourable step	▲ 114%
Cash	€ 43,701 Cash 2022: € 43,701 First fiscal year in the series	€ 8,999 Cash 2023: € 8,999 ▼ 79% vs 2022 (€ 43,701) Unfavourable step	€ 37,081 Cash 2024: € 37,081 ▲ € 28,083 vs 2023 (€ 8,999) Favourable step	€ 59,657 Cash 2025: € 59,657 ▲ 61% vs 2024 (€ 37,081) Favourable step	▲ 61%
Retained profit	€ 30,847 Retained profit 2022: € 30,847 First fiscal year in the series	€ 8,475 Retained profit 2023: € 8,475 ▼ 73% vs 2022 (€ 30,847) Unfavourable step	€ 29,560 Retained profit 2024: € 29,560 ▲ 249% vs 2023 (€ 8,475) Favourable step	€ 38,546 Retained profit 2025: € 38,546 ▲ 30% vs 2024 (€ 29,560) Favourable step	▲ 30%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 39,560 Dividend 2025: € 39,560 Unchanged (€ 0) Unchanged
Balance sheet total	€ 50,095 Balance sheet total 2022: € 50,095 First fiscal year in the series	€ 15,949 Balance sheet total 2023: € 15,949 ▼ 68% vs 2022 (€ 50,095) Unchanged	€ 48,593 Balance sheet total 2024: € 48,593 ▲ 205% vs 2023 (€ 15,949) Unchanged	€ 74,783 Balance sheet total 2025: € 74,783 ▲ 54% vs 2024 (€ 48,593) Unchanged	▲ 54%

Key figures of Initialize, 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 Initialize?

What happened at Initialize in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 19, 2026 New annual accounts for financial year 2025: profit of € 48,546 (▲ 130% vs 2024). Source: NBB ↗
May 31, 2021 New establishment in Merelbeke-Melle. KBO
May 31, 2021 Start of the company according to the CBE. KBO

In short

From € 643 profit in 2022 to € 48,546 profit in 2025.

Paid € 13,897 in corporate taxes since 2022.

Best year ever: 2025, with € 48,546 profit.

Paid out € 39,560 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at Initialize? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Koen Roels

Initialize

Behind Initialize is Koen Roels.

See the full network in the app

Directors

According to the 2025 annual accounts

Koen Roels

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Oude Heirbaan 37 box 104

9090 Merelbeke-Melle

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

VERENIGING VAN MEDE-EIGENAARS VAN DE RESIDENTIE LOFTHOUSE DE KATHEDRAAL TE MELLE, OUDE HEIRBAAN 37.

DR. ANDRES BEELE

€ 284,877 gross margin · 2025

DIEDERIK DE SAEDELEER

€ 89,400 gross margin · 2025

LVC Holding

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0768.893.957

VAT number

BE 0768.893.957

Registered office

Oude Heirbaan 37 bus 104, 9090 Merelbeke-Melle

Names & denominations

Initialize

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

31 May 2021

Peppol

Active · Active since 16 Nov 2025

Contact

[email protected]

Activities · NACE

Activiteiten van hoofdkantoren

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening

Andere vormen van arbeidsbemiddeling

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

Initialize

Financials

What happened to Initialize?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions