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 2025 and 2026.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
18 from Knokke-Heist, company number BE0819825588, closed financial year 2026 with a result of € -50,212 after tax. For that financial year 18 recorded a gross margin of € -39,859 and equity of € 27,297. Compared with financial year 2025, the result moved from € -11,477 to € -50,212. The company made a loss. The buffer shrank hard: equity is 65 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2026.
€ 27,297
▼ 65% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,212
▼ 338 % more loss than in 2025
Profit after tax over the fiscal year.
€ 277
▼ 99% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -22,703.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 85
▼ 83% vs 2025
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 28,524
▼ 27% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 15,442
▼ 49% vs 2025
€ 5,374 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 19,807
▲ 64% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 5,529
▲ 39% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 21,929 | € 23,795 | € 14,602 | € -39,859 | ▼ € 54,462 |
| Profit after taxes | € 11,093 | € 5,758 | € -11,477 | € -50,212 | ▼ € 38,735 |
| Equity | € 83,227 | € 88,985 | € 77,509 | € 27,297 | ▼ 65% |
| Total debts | € 34,312 | € 70,752 | € 63,077 | € 104,212 | ▲ 65% |
| Cash | € 4,763 | € 7,172 | € 33,885 | € 277 | ▼ 99% |
| Retained profit | € 33,227 | € 38,985 | € 27,509 | € -22,703 | ▼ € 50,212 |
| Bank debt | € 10,852 | € 36,698 | € 30,558 | € 15,442 | ▼ 49% |
| Balance sheet total | € 117,539 | € 159,737 | € 140,586 | € 131,508 | ▼ 6% |
Key figures of 18, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 1 September 2027.
What happened to 18?
What happened at 18 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 50,212. filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Liesbeth Paulina E Peeters became a director. NBB
In short
From € 11,093 profit in 2023 to € 50,212 loss in 2026.
Paid € 12,731 in corporate taxes since 2023.
Best year ever: 2023, with € 11,093 profit.
Management
Behind 18 is Liesbeth Paulina E Peeters.
Directors
According to the 2026 annual accounts
Liesbeth Paulina E Peeters
Director
since 2009
Establishments
Establishment units
Physical locations of this company
Kustlaan 54
8300 Knokke-Heist
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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- PEETERS Liesbeth Paulina Edgard Maria(oprichter) 50%
- HOROWITZ Yaël(oprichter) 50%
Details
- Company number
- 0819.825.588
- VAT number
- BE 0819.825.588
- Registered office
- Kustlaan 54, 8300 Knokke-Heist
- Names & denominations
- 18
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2009
- Peppol
- Active · Active since 27 Mar 2024
- Activities · NACE
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