Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Centrica Business Solutions Belgium from Antwerpen, company number BE0826113861, closed financial year 2025 with a result of € -5.8 million after tax. For that financial year Centrica Business Solutions Belgium recorded revenue of € 15.6 million and equity of € -7 million. Compared with financial year 2024, the result moved from € -5.1 million to € -5.8 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ -7 million
▼ € 5.3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5.8 million
▼ 14 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3.6 million
▲ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12.3 million.
People and assets in 2025
58.5
▼ 5.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.8 million
▲ 3% vs 2024
€ 167,000 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.
Debts at end 2025
€ 9 million
▲ 69% vs 2024
Loans from banks and other lenders, long and short.
€ 7.9 million
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 159 days on average.
€ 1.4 million
▼ 13% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 30,530,267 | € 22,455,802 | € 24,042,719 | € 15,595,906 | ▼ 35% |
| Profit after taxes | € -1,628,526 | € -2,821,788 | € -5,090,538 | € -5,806,123 | ▼ € 715,586 |
| Equity | € 7,274,070 | € 3,874,614 | € -1,685,028 | € -7,012,213 | ▼ € 5.3 million |
| Total debts | € 15,355,245 | € 15,082,460 | € 19,277,664 | € 19,018,301 | ▼ 1% |
| Cash | € 3,744,157 | € 4,925,839 | € 2,066,493 | € 3,648,950 | ▲ 77% |
| Retained profit | € 1,466,841 | € -1,354,948 | € -6,445,485 | € -12,251,609 | ▼ € 5.8 million |
| Bank debt | € 0 | € 1,774,000 | € 5,296,182 | € 8,974,000 | ▲ 69% |
| Balance sheet total | € 22,629,315 | € 18,957,074 | € 17,592,636 | € 12,006,088 | ▼ 32% |
| Employees (FTE) | 45.4 | 57.8 | 63.7 | 58.5 | ▼ 5.2 |
Key figures of Centrica Business Solutions Belgium, fiscal years 2022 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 Centrica Business Solutions Belgium?
What happened at Centrica Business Solutions Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christopher White stepped down as director. NBB
- John Park stepped down as director. NBB
- Cassim Mangerah stepped down as director. NBB
- Kristian Gjerlov Juel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 5.8 million. Source: NBB ↗
- Brecht Dierckx stepped down as director. NBB
- Christopher White became a director. NBB
- John Park became a director. NBB
In short
From € 1.6 million loss in 2022 to € 5.8 million loss in 2025.
Paid € 778,337 in corporate taxes since 2022.
Pays suppliers within 159 days on average.
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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 shares are held by Centrica Energy Trading A/S (100%). It owns 100% of Centrica Business Solutions UK Optimisation Limited and 100% of Centrica Business Solutions France SASU itself.
Directors
According to the 2025 annual accounts
John Park
Director
since 2022 · until 2027
Cassim Mangerah
Director
since 2022 · until 2027
Kristian Gjerlov Juel
Director
since 2022 · until 2027
Brecht Dierckx
Director
since 2020 · until 2026
Christopher White
Director
since 2024 · until 2030
Shareholders
Centrica Energy Trading A/S
100%
Participations
Centrica Business Solutions UK Optimisation Limited
100%
Centrica Business Solutions France SASU
100%
Establishments
Establishment units
Physical locations of this company
Roderveldlaan 2 box 2
2600 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Normec BTV
€ 48.3 million revenue · 2025
Safmarine MPV
€ -108,067 gross margin · 2025
Normec Planning
€ 9 million revenue · 2025
Maersk Belgium
€ 16.8 million revenue · 2024
Normec BTV Academy
€ 942 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0826.113.861
- VAT number
- BE 0826.113.861
- Registered office
- Roderveldlaan 2 bus 2, 2600 Antwerpen
- Names & denominations
- Centrica Business Solutions Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 2010
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Vervaardiging van batterijen en accumulatoren
Overige gespecialiseerde wetenschappelijke en technische activiteiten
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Overige technische testen en toetsen
Distributie van elektriciteit
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Overige zakelijke dienstverlening, neg