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.
€ 104,004
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,745
▼ still € 22,555 profit in 2024
Profit after tax over the fiscal year.
€ 45,199
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 79,004.
People and assets in 2025
€ 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.
€ 14,847
▲ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 97,253
▼ 35% vs 2024
€ 72,255 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 89,268
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,617
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 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.
A new publication or filing at True Colors? 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
Management
Directors
According to the 2025 annual accounts
Ellen Verheyde
Director
Establishments
Establishment units
Physical locations of this company
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