Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
FILTRO from Brussel, company number BE0777351565, closed financial year 2024 with a result of € -6,800 after tax. For that financial year FILTRO recorded revenue of € 792,353 and equity of € 19,169. Compared with financial year 2023, the result moved from € -4,907 to € -6,800. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2025.
€ 19,169
▼ 26% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,800
▼ 39 % more loss than in 2023
Profit after tax over the fiscal year.
€ 27,517
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9,169.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 154,791
▲ 144% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,753
▼ 66% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 5,000
Loans from banks and other lenders, long and short.
€ 189,472
▲ € 142,312 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 13,488
▼ 17% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | - | € 522,185 | € 792,353 | ▲ 52% |
| Gross margin | € 33,741 | € 65,638 | € 199,402 | ▲ 204% |
| Profit after taxes | € 20,876 | € -4,907 | € -6,800 | ▼ € 1,894 |
| Equity | € 30,876 | € 25,969 | € 19,169 | ▼ 26% |
| Total debts | € 51,592 | € 68,409 | € 207,960 | ▲ 204% |
| Cash | € 208 | € 27,580 | € 27,517 | |
| Retained profit | € 20,876 | € 15,969 | € 9,169 | ▼ 43% |
| Bank debt | € 5,000 | € 5,000 | € 5,000 | |
| Balance sheet total | € 82,468 | € 94,378 | € 255,108 | ▲ 170% |
Key figures of FILTRO, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to FILTRO?
What happened at FILTRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 6,800. Source: NBB ↗
- New establishment in Mont-Saint-Guibert. KBO
- New establishment in Brussel. KBO
- michel Balldacchino became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 20,876 profit in 2022 to € 6,800 loss in 2024.
Paid € 21,916 in corporate taxes since 2022.
Best year ever: 2022, with € 20,876 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
Directors
According to the 2024 annual accounts
michel Balldacchino
Managing director
since 2021
Establishments
Establishment units
Physical locations of this company
Dieudonné Lefèvrestraat 17
1020 Brussel
Rue du Fond Cattelain 2
1435 Mont-Saint-Guibert
Active since 25 August 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →Cobaty International Belgique - Cobaty International Belgie
DIMERITIUM
€ 10,838 gross margin · 2025
BRUSSELS GREENBIZZ
€ 459,768 gross margin · 2025
INTEGRATED FINANCE SERVICES
€ 4,691 gross margin · 2025
Lumency
€ -55,571 gross margin · 2025
+38 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0777.351.565
- VAT number
- BE 0777.351.565
- Registered office
- Dieudonné Lefèvrestraat 17, 1020 Brussel
- Names & denominations
- FILTRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 2021
- Peppol
- Active · Active since 12 May 2025
- Activities · NACE
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.
Groothandel in installatiemateriaal voor loodgieterswerk en verwarming
Groothandel in sanitair
Activiteiten van webportalen
Detailhandel in sanitaire artikelen en sanitair installatiemateriaal
Webportalen