Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Fifty-Four Management from Attert, company number BE0802147339, closed financial year 2025 with a result of € -2,903 after tax. For that financial year Fifty-Four Management recorded a gross margin of € 4,332 and equity of € 17,270. Compared with financial year 2024, the result moved from € -2,894 to € -2,903. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 17,270
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,903
Profit after tax over the fiscal year.
€ 13,754
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,730.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 137,400
▼ 16% vs 2024
€ 30,162 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,074
▼ 40% 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 | € 9,080 | € 5,406 | € 4,332 | ▼ 20% |
| Profit after taxes | € 3,067 | € -2,894 | € -2,903 | |
| Equity | € 23,067 | € 20,174 | € 17,270 | ▼ 14% |
| Total debts | € 194,086 | € 218,529 | € 197,569 | ▼ 10% |
| Cash | € 15,163 | € 32,083 | € 13,754 | ▼ 57% |
| Retained profit | € 3,067 | € 174 | € -2,730 | ▼ € 2,903 |
| Bank debt | € 189,649 | € 164,065 | € 137,400 | ▼ 16% |
| Balance sheet total | € 217,153 | € 238,703 | € 214,839 | ▼ 10% |
Key figures of Fifty-Four Management, 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 Fifty-Four Management?
What happened at Fifty-Four Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,903. Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 3,067 profit in 2023 to € 2,903 loss in 2025.
Paid € 1,022 in corporate taxes since 2023.
Best year ever: 2023, with € 3,067 profit.
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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
Behind Fifty-Four Management is Benoît CERFONTAINE. It owns 50% of Short Circuit itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Mont des Chèvres,Nothomb 293
6717 Attert
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0802.147.339
- VAT number
- BE 0802.147.339
- Registered office
- Mont des Chèvres,Nothomb 293, 6717 Attert
- Names & denominations
- Fifty-Four Management
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 May 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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