Active · per the CBE, 16 September 2026

True Colors

BE0828400190

Rechtspersoon Private limited company 1 establishment

True Colors is a hospitality business in Ieper. Private Limited, started on 10 August 2010, 1 establishment.

Polenlaan 3, 8900 Ieper

Behind the company: Ellen Verheyde.

Active for

16 year, 1 month

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

True Colors from Ieper, company number BE0828400190, closed financial year 2025 with a result of € -4,745 after tax. For that financial year True Colors recorded a gross margin of € 383,583 and equity of € 104,004. Compared with financial year 2024, the result moved from € 22,555 to € -4,745. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.

What it is worth Healthy

€ 104,004

▼ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -4,745

▼ still € 22,555 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 45,199

▼ 2% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 79,004.

People and assets in 2025

Wage cost

€ 334,818

▼ 11% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 14,847

▲ 1% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 years to go

€ 97,253

▼ 35% vs 2024

€ 72,255 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 89,268

▲ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 33,617

▲ 15% vs 2024

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 377,317 € 388,676 € 452,397 € 383,583 ▼ 15%
Profit after taxes € 38,471 € -26,360 € 22,555 € -4,745 ▼ € 27,300
Equity € 113,404 € 87,044 € 108,749 € 104,004 ▼ 4%
Total debts € 355,663 € 365,511 € 293,485 € 244,676 ▼ 17%
Cash € 68,709 € 29,305 € 46,070 € 45,199 ▼ 2%
Land & buildings € 222,051 € 189,148 € 156,244 € 126,658 ▼ 19%
Retained profit € 88,404 € 62,044 € 83,749 € 79,004 ▼ 6%
Dividend € 850 € 0 € 850 € 0 ▼ 100%
Bank debt € 225,066 € 194,719 € 150,624 € 97,253 ▼ 35%
Balance sheet total € 469,067 € 452,555 € 402,234 € 348,680 ▼ 13%
Employees (FTE) 6.7 8.5 7.8 -

Key figures of True Colors, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to True Colors?

What happened at True Colors in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 4,745 (▼ € 27,300 vs 2024). Source: NBB ↗
  • New establishment in Ieper. KBO
  • Start of the company according to the CBE. KBO

In short

From € 38,471 profit in 2022 to € 4,745 loss in 2025.

Paid € 7,217 in corporate taxes since 2022.

Best year ever: 2022, with € 38,471 profit.

On average € 58,000 of value added per employee in 2024.

Management

Ellen Verheyde
True Colors

Behind True Colors is Ellen Verheyde.

See the full network in the app

Directors

According to the 2025 annual accounts

Ellen Verheyde

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Polenlaan 3

8900 Ieper

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.

Details

Company number
0828.400.190
VAT number
BE 0828.400.190
Registered office
Polenlaan 3, 8900 Ieper
Names & denominations
True Colors
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
10 August 2010
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Handelsbemiddeling in de niet-gespecialiseerde groothandel

Frequently asked questions

What does True Colors do?
True Colors is a hospitality business in Ieper. Private Limited, started on 10 August 2010, 1 establishment.
What is the address of True Colors?
The registered office of True Colors is located at Polenlaan 3, 8900 Ieper.
Is True Colors still active?
Yes. According to the CBE (16 September 2026) True Colors is active, legal situation “Normale toestand”, started on 10 August 2010.
Is True Colors registered on Peppol?
Yes, True Colors is registered on the Peppol network with ID 0208:0828400190.
What is the enterprise number of True Colors?
The enterprise number of True Colors is BE0828400190.
When was True Colors founded?
True Colors was founded on 10 August 2010.