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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
75 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
89 INITIATIVE from Elsene, company number BE0784479679, closed financial year 2024 with a result of € -1,786 after tax. For that financial year 89 INITIATIVE recorded a gross margin of € -1,786 and equity of € -3,991. Compared with financial year 2023, the result moved from € -605 to € -1,786. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 22, 2025.
€ -3,991
▼ € 1,786 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,786
▼ 195 % more loss than in 2023
Profit after tax over the fiscal year.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -1,600 | € -605 | € -1,786 | ▼ € 1,181 |
| Profit after taxes | € -1,600 | € -605 | € -1,786 | ▼ € 1,181 |
| Equity | € -1,600 | € -2,205 | € -3,991 | ▼ € 1,786 |
| Total debts | € 1,600 | € 2,205 | € 3,991 | ▲ 81% |
| Retained profit | € -1,600 | € -2,205 | € -3,991 | ▼ € 1,786 |
Key figures of 89 INITIATIVE, 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 89 INITIATIVE?
What happened at 89 INITIATIVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1,786. Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 1,600 loss in 2022 to € 1,786 loss in 2024.
Establishments
Establishment units
Physical locations of this company
Washingtonstraat 40
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 75 companies are registered at this address.
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€ 182,391 gross margin · 2025
INTERNATIONAL INSTITUTE OF SUGAR BEET RESEARCH
International Association for the Evaluation of Educational Achievement
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
89initiative.com
Registered
2019-01-11
Registrar
TUCOWS.COM, CO.
Expires
2027-01-11
Website info
Features
Security
Details
- Company number
- 0784.479.679
- VAT number
- BE 0784.479.679
- Registered office
- Washingtonstraat 40, 1050 Elsene
- Names & denominations
- 89 INITIATIVE
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 5 April 2022
- Peppol
- Not registered
- Contact
- 89initiative.com [email protected]