Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 11.7 to 9.
Financials
Financial year 2025
Resulation Belgium from Visé, company number BE0783381502, closed financial year 2025 with a result of € 79,007 after tax. For that financial year Resulation Belgium recorded a gross margin of € 1.6 million and equity of € 573,321. Compared with financial year 2024, the result moved from € -796,415 to € 79,007. 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 August 19, 2026.
€ 573,321
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,007
▲ still € 796,415 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -4.9 million.
People and assets in 2025
9
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 980,526
▲ 15% vs 2024
€ 108,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 177,759
Loans from banks and other lenders, long and short.
€ 864,927
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 362,931
▲ 141% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -876,237 | € -1,830,131 | € 96,382 | € 1,599,918 | ▲ € 1.5 million |
| Profit after taxes | € -1,326,643 | € -2,882,628 | € -796,415 | € 79,007 | ▲ € 875,422 |
| Equity | € 4,173,357 | € 1,290,729 | € 494,314 | € 573,321 | ▲ 16% |
| Total debts | € 1,205,853 | € 2,860,173 | € 2,245,661 | € 1,405,617 | ▼ 37% |
| Cash | € 4,494,965 | € 1,166,125 | € 452,440 | - | |
| Retained profit | € -1,326,643 | € -4,209,271 | € -5,005,686 | € -4,926,679 | ▲ € 79,007 |
| Bank debt | € 0 | € 0 | € 0 | € 177,759 | |
| Balance sheet total | € 5,379,210 | € 4,150,902 | € 2,739,975 | € 1,978,938 | ▼ 28% |
| Employees (FTE) | 4.5 | 11.7 | 9.5 | 9 | ▼ 0.5 |
Key figures of Resulation Belgium, 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 Resulation Belgium?
What happened at Resulation Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 79,007. filed late Source: NBB ↗
- New establishment in Visé. KBO
- Start of the company according to the CBE. KBO
- Mark Andrew Leverton became a director. NBB
- David Ducarme became a director. NBB
In short
From € 1.3 million loss in 2022 to € 79,007 profit in 2025.
Paid € 1,936 in corporate taxes since 2022.
Best year ever: 2025, with € 79,007 profit.
On average € 177,800 of value added per employee in 2025.
Management
The stake of KNAUF INSULATION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Resulation BelgiumBehind Resulation Belgium are Mark Andrew Leverton and David Ducarme. The shares are held by KNAUF INSULATION (100%).
Directors
According to the 2025 annual accounts
since 2022
David Ducarme
Director
Also active at: EUROPEAN INSULATION MANUFACTURERS ASSOCIATION, KNAUF INSULATION
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Maestricht(VIS) 95
4600 Visé
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
resulation.eu
Registrar
CSC CORPORATE DOMAINS INC.
Website info
Features
Security
Network
Details
- Company number
- 0783.381.502
- VAT number
- BE 0783.381.502
- Registered office
- Rue de Maestricht(VIS) 95, 4600 Visé
- Names & denominations
- Resulation Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 2022
- Peppol
- Active · Active since 13 Oct 2025
- Contact
- resulation.eu
- Activities · NACE
Vervaardiging en bewerking van overig glas, inclusief technisch glaswerk
Vervaardiging en bewerking van ander glas (inclusief technisch glaswerk)