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 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Proxy Ma Campagne from Elsene, company number BE0786757201, closed financial year 2025 with a result of € 219,320 after tax. For that financial year Proxy Ma Campagne recorded a gross margin of € 1.2 million and equity of € 486,864. Compared with financial year 2024, the result moved from € 129,397 to € 219,320. 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 June 19, 2026.
€ 486,864
▲ 69% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 219,320
▲ 69% vs 2024
Profit after tax over the fiscal year.
€ 399,591
▲ 164% 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 € 227,119.
People and assets in 2025
17.2
▲ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 711,934
▲ 24% vs 2024
€ 41,400 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.
€ 405,027
▲ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 909,527
▲ 115% vs 2024
€ 133,345 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 440,606
▲ 175% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 155,962
▲ 115% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 74,207 | € 859,491 | € 1,186,705 | ▲ 38% |
| Profit after taxes | € -121,598 | € 129,397 | € 219,320 | ▲ 69% |
| Equity | € 178,694 | € 287,818 | € 486,864 | ▲ 69% |
| Total debts | € 1,461,298 | € 1,097,979 | € 1,803,163 | ▲ 64% |
| Cash | € 103,351 | € 151,290 | € 399,591 | ▲ 164% |
| Retained profit | € -121,598 | € 7,799 | € 227,119 | ▲ € 219,320 |
| Bank debt | € 789,177 | € 423,142 | € 909,527 | ▲ 115% |
| Balance sheet total | € 1,639,992 | € 1,385,797 | € 2,290,027 | ▲ 65% |
| Employees (FTE) | 3.5 | 14.8 | 17.2 | ▲ 2.4 |
Key figures of Proxy Ma Campagne, 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 Proxy Ma Campagne?
What happened at Proxy Ma Campagne in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 219,320 (▲ 69% vs 2024). Source: NBB ↗
- David Ficette became a director. NBB
- New establishment in Elsene. KBO
- Ad vitam SRL became a director. NBB
- Thomas Wellens Management SRL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 121,598 loss in 2023 to € 219,320 profit in 2025.
Paid € 46,915 in corporate taxes since 2023.
Best year ever: 2025, with € 219,320 profit.
On average € 69,000 of value added per employee in 2025.
A new publication or filing at Proxy Ma Campagne? We notify you, reason included.
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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 AD VITAM, Thomas Wellens Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Proxy Ma CampagneBehind Proxy Ma Campagne are David Ficette, Ad vitam SRL and Thomas Wellens Management SRL. The shares are held by AD VITAM (50%) and Thomas Wellens Management (25%).
Directors
According to the 2025 annual accounts
David Ficette
Associate
since 2024
since 2022
Director · represented by Thomas Wellens
Also active at: PROXYMMO, PROXY ROI CHEVALIER
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waterloose Steenweg 412G
1050 Elsene
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
- 0786.757.201
- VAT number
- BE 0786.757.201
- Registered office
- Waterloose Steenweg 412G, 1050 Elsene
- Names & denominations
- Proxy Ma Campagne · PMC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2022
- Peppol
- Active · Active since 13 Jul 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)