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.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ROUTE59 from Thuin, company number BE0770242851, closed financial year 2025 with a result of € -25,190 after tax. For that financial year ROUTE59 recorded revenue of € 628,630 and equity of € 179,370. Compared with financial year 2024, the result moved from € -19,944 to € -25,190. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 179,370
▲ € 174,809 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,190
▼ 26 % more loss than in 2024
Profit after tax over the fiscal year.
€ 31,099
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -120,630.
People and assets in 2025
€ 29,419
▲ 11% 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.
€ 14,384
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 49
Loans from banks and other lenders, long and short.
€ 35,942
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,772
▲ 194% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 94,238 | € 281,291 | € 385,120 | € 628,630 | ▲ 63% |
| Gross margin | € -18,968 | € -15,879 | € 26,520 | € 23,697 | ▼ 11% |
| Profit after taxes | € -35,610 | € -39,886 | € -19,944 | € -25,190 | ▼ € 5,246 |
| Equity | € 64,390 | € 24,504 | € 4,561 | € 179,370 | ▲ € 174,809 |
| Total debts | € 309,900 | € 693,697 | € 644,865 | € 634,705 | ▼ 2% |
| Cash | € 7,866 | € 46,850 | € 40,629 | € 31,099 | ▼ 23% |
| Land & buildings | - | - | - | € 8,500 | |
| Retained profit | € -35,610 | € -75,496 | € -95,439 | € -120,630 | ▼ € 25,191 |
| Bank debt | € 0 | € 0 | € 0 | € 49 | |
| Balance sheet total | € 374,290 | € 718,201 | € 649,426 | € 814,075 | ▲ 25% |
Key figures of ROUTE59, 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 ROUTE59?
What happened at ROUTE59 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,190. filed late Source: NBB ↗
- New establishment in Thuin. KBO
- New establishment in Thuin. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,610 loss in 2022 to € 25,190 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Rue Lieutenant-Général Conreur(RAG) 30
6532 Thuin
Rue des Fauldeurs 7 box A
6530 Thuin
Active since 1 July 2022
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
- 0770.242.851
- VAT number
- BE 0770.242.851
- Registered office
- Rue Lieutenant-Général Conreur(RAG) 30, 6532 Thuin
- Names & denominations
- ROUTE59
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2021
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in andere motorvoertuigen (> 3,5 ton)