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 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
1950 from Elsene, company number BE0811649379, closed financial year 2024 with a result of € -77,047 after tax. For that financial year 1950 recorded a gross margin of € -21,496 and equity of € 83,003. Compared with financial year 2023, the result moved from € -16,410 to € -77,047. 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 September 23, 2025.
€ 83,003
▼ 48% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -77,047
▼ 370 % more loss than in 2023
Profit after tax over the fiscal year.
€ 787
▼ 21% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -169,497.
People and assets in 2024
€ 1.4 million
▼ 3% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 2,034
▲ € 1,969 vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -8,729 | € -7,686 | € -10,049 | € -21,496 | ▼ € 11,447 |
| Profit after taxes | € -9,921 | € -9,427 | € -16,410 | € -77,047 | ▼ € 60,637 |
| Equity | € 185,887 | € 176,460 | € 160,050 | € 83,003 | ▼ 48% |
| Total debts | € 1,060,114 | € 1,071,750 | € 1,323,914 | € 1,354,033 | ▲ 2% |
| Cash | € 224 | € 314 | € 990 | € 787 | ▼ 21% |
| Land & buildings | € 1,245,634 | - | - | - | |
| Retained profit | € -66,613 | € -76,040 | € -92,450 | € -169,497 | ▼ € 77,047 |
| Balance sheet total | € 1,246,001 | € 1,248,210 | € 1,483,965 | € 1,437,036 | ▼ 3% |
Key figures of 1950, fiscal years 2021 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 1950?
What happened at 1950 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 77,047. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
In short
From € 9,921 loss in 2021 to € 77,047 loss in 2024.
A new publication or filing at 1950? 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
Establishments
Establishment units
Physical locations of this company
Eugène Flageyplein 18
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
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€ 1.2 million revenue · 2025
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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.
Details
- Company number
- 0811.649.379
- VAT number
- BE 0811.649.379
- Registered office
- Eugène Flageyplein 18, 1050 Elsene
- Names & denominations
- 1950
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 May 2009
- Peppol
- Active · Active since 18 Dec 2025