Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Enhace from Buggenhout, company number BE0780828719, closed financial year 2025 with a result of € 268,154 after tax. For that financial year Enhace recorded a gross margin of € 318,879 and equity of € 504,925. Compared with financial year 2024, the result moved from € 336,536 to € 268,154. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 504,925
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 268,154
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 1,687
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 265,000 paid out
99 % of the profit went to the shareholders, mostly to Robuco (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 1.6 million
▼ 20% vs 2024
€ 193,153 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 363,000
Supplier invoices still open on the last day of the fiscal year.
€ 8,162
▼ 84% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 53,733 | € 378,307 | € 318,879 | ▼ 16% |
| Profit after taxes | € -34,765 | € 336,536 | € 268,154 | ▼ 20% |
| Equity | € 465,235 | € 501,772 | € 504,925 | ▲ 1% |
| Total debts | € 2,696,884 | € 3,349,271 | € 3,278,669 | ▼ 2% |
| Cash | € 59,095 | € 66,118 | € 1,687 | ▼ 97% |
| Retained profit | € -34,765 | € 1,772 | € 4,925 | ▲ 178% |
| Dividend | € 0 | € 300,000 | € 265,000 | ▼ 12% |
| Bank debt | € 1,826,191 | € 1,951,667 | € 1,561,553 | ▼ 20% |
| Balance sheet total | € 3,162,120 | € 3,851,043 | € 3,783,594 | ▼ 2% |
Key figures of Enhace, fiscal years 2023 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 Enhace?
What happened at Enhace in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 268,154 (▼ 20% vs 2024). Source: NBB ↗
- ROBUCO NV became a director. NBB
- New establishment in Buggenhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,765 loss in 2023 to € 268,154 profit in 2025.
Paid € 1,772 in corporate taxes since 2023.
Best year ever: 2024, with € 336,536 profit.
Paid out € 565,000 in dividends to the owners in total.
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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
The stake of Robuco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EnhaceBehind Enhace is ROBUCO NV. The shares are held by Robuco (100%). It owns 100% of Belcovia itself.
Directors
According to the 2025 annual accounts
Director · represented by Pascal BUYS
Also active at: VlaWeBo Oost-vlaanderen, Embuild Oost-Vlaanderen
since 2022
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Genthof 4
9255 Buggenhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0780.828.719
- VAT number
- BE 0780.828.719
- Registered office
- Genthof 4, 9255 Buggenhout
- Names & denominations
- Enhace
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2022
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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Holdings