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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HOLDING FUSE from Chimay, company number BE0774929139, closed financial year 2025 with a result of € 15,700 after tax. For that financial year HOLDING FUSE recorded a gross margin of € 22,933 and equity of € 44,415. Compared with financial year 2024, the result moved from € 2,824 to € 15,700. 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 July 20, 2026.
€ 44,415
▲ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,700
▲ € 12,876 vs 2024
Profit after tax over the fiscal year.
€ 3,081
▲ 11% 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 € 39,415.
Debts at end 2025
€ 108,762
▼ 14% vs 2024
€ 17,320 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2,525
▲ 110% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,720
▲ 4% 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 | € 19,107 | € 15,961 | € 7,100 | € 22,933 | ▲ 223% |
| Profit after taxes | € 10,648 | € 10,242 | € 2,824 | € 15,700 | ▲ € 12,876 |
| Equity | € 15,648 | € 25,890 | € 28,715 | € 44,415 | ▲ 55% |
| Total debts | € 192,539 | € 160,101 | € 149,063 | € 145,666 | ▼ 2% |
| Cash | € 9,327 | € 5,102 | € 2,777 | € 3,081 | ▲ 11% |
| Retained profit | € 10,648 | € 20,890 | € 23,715 | € 39,415 | ▲ 66% |
| Bank debt | € 158,886 | € 142,478 | € 126,997 | € 108,762 | ▼ 14% |
| Balance sheet total | € 208,187 | € 185,992 | € 177,777 | € 190,081 | ▲ 7% |
Key figures of HOLDING FUSE, 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 HOLDING FUSE?
What happened at HOLDING FUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,700 (▲ € 12,876 vs 2024). Source: NBB ↗
- New establishment in Chimay. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,648 profit in 2022 to € 15,700 profit in 2025.
Paid € 10,583 in corporate taxes since 2022.
Best year ever: 2025, with € 15,700 profit.
Management
Behind HOLDING FUSE are Christophe Bauwens and Ann Guerrin. It owns 100% of BAUWENS AND CO itself.
Directors
According to the 2025 annual accounts
Christophe Bauwens
Director
Ann Guerrin
Director
Establishments
Establishment units
Physical locations of this company
Rue du Petit Canton(S-R) 73
6460 Chimay
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0774.929.139
- VAT number
- BE 0774.929.139
- Registered office
- Rue du Petit Canton(S-R) 73, 6460 Chimay
- Names & denominations
- HOLDING FUSE · SRL HOLDING FUSE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 2021
- Peppol
- Active · Active since 8 Apr 2026
- Activities · NACE
Activiteiten van holdings
Holdings
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