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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Connect & Improve from Sint-Katelijne-Waver, company number BE0800338090, closed financial year 2025 with a result of € -35,488 after tax. For that financial year Connect & Improve recorded a gross margin of € -27,400 and equity of € 4,435. Compared with financial year 2024, the result moved from € -14,874 to € -35,488. The company made a loss. The buffer shrank hard: equity is 89 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 21, 2026.
€ 4,435
▼ 89% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,488
▼ 139 % more loss than in 2024
Profit after tax over the fiscal year.
€ 302
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -565.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,176
▼ 52% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 4,800
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,552
▼ 36% vs 2024
€ 1,498 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,501
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 621
▼ 51% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 73,343 | € -5,608 | € -27,400 | ▼ € 21,792 |
| Profit after taxes | € 49,797 | € -14,874 | € -35,488 | ▼ € 20,613 |
| Equity | € 54,797 | € 39,923 | € 4,435 | ▼ 89% |
| Total debts | € 48,317 | € 11,122 | € 4,674 | ▼ 58% |
| Cash | € 69,895 | € 31,730 | € 302 | ▼ 99% |
| Retained profit | € 49,797 | € 34,923 | € -565 | ▼ € 35,488 |
| Bank debt | € 0 | € 3,970 | € 2,552 | ▼ 36% |
| Balance sheet total | € 103,114 | € 51,045 | € 9,109 | ▼ 82% |
Key figures of Connect & Improve, 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 Connect & Improve?
What happened at Connect & Improve in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,488. Source: NBB ↗
- New establishment in Sint-Katelijne-Waver. KBO
- Yannick Franck became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 49,797 profit in 2023 to € 35,488 loss in 2025.
Paid € 19,726 in corporate taxes since 2023.
Best year ever: 2023, with € 49,797 profit.
Management
Behind Connect & Improve is Yannick Franck.
Directors
According to the 2025 annual accounts
Yannick Franck
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Leemstraat 103
2861 Sint-Katelijne-Waver
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0800.338.090
- VAT number
- BE 0800.338.090
- Registered office
- Leemstraat 103, 2861 Sint-Katelijne-Waver
- Names & denominations
- Connect & Improve
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 2023
- Peppol
- Active · Active since 24 Mar 2025
- Activities · NACE
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