Active · per the CBE, 2 October 2026

IfThenElse

BE0832892379

Rechtspersoon Private limited company 1 establishment

IfThenElse is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 18 January 2011, 1 establishment.

Rue des Noyers 40, 5000 Namur

Behind the company: Mathieu BAZELAIRE.

Active for

15 year, 8 months

Financials

Financial year 2025

IfThenElse from Namur, company number BE0832892379, closed financial year 2025 with a result of € -3,573 after tax. For that financial year IfThenElse recorded a gross margin of € 44,050 and equity of € 40,345. Compared with financial year 2024, the result moved from € 4,311 to € -3,573. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.

What it is worth Healthy

€ 40,345

▼ 8% vs 2024

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

Loss Caution

€ -3,573

▼ still € 4,311 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,490

▲ 18% 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 € 26,845.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 7,562

▲ 62% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 8,058

▲ 48% vs 2024

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

Taxes and wages

€ 15,634

▼ 49% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 21,876 € 12,371 € 16,010 € 44,050 ▲ 175%
Profit after taxes € 10,797 € 3,352 € 4,311 € -3,573 ▼ € 7,884
Equity € 36,256 € 39,607 € 43,918 € 40,345 ▼ 8%
Total debts € 65,653 € 87,107 € 79,237 € 66,856 ▼ 16%
Cash € 0 € 8,473 € 8,022 € 9,490 ▲ 18%
Retained profit € 22,756 € 26,107 € 30,418 € 26,845 ▼ 12%
Bank debt € 18,498 € 7,694 € 0 € 0
Balance sheet total € 101,908 € 126,714 € 123,155 € 107,201 ▼ 13%

Key figures of IfThenElse, 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 IfThenElse?

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

  • New annual accounts for financial year 2025: loss of € 3,573 (▼ € 7,884 vs 2024). Source: NBB ↗
  • New establishment in Namur. KBO
  • Start of the company according to the CBE. KBO
  • Mathieu BAZELAIRE became a director. NBB

In short

From € 10,797 profit in 2022 to € 3,573 loss in 2025.

Paid € 26,874 in corporate taxes since 2022.

Best year ever: 2022, with € 10,797 profit.

Management

Mathieu BAZELAIRE
IfThenElse
LA NICHE 2.6%
SUPERDOG 1.7%

Behind IfThenElse is Mathieu BAZELAIRE. It owns 2.6% of LA NICHE and 1.7% of SUPERDOG itself.

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Directors

According to the 2025 annual accounts

since 2011

Establishments

Establishment units

Physical locations of this company

Registered office

Rue des Noyers 40

5000 Namur

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0832.892.379
VAT number
BE 0832.892.379
Registered office
Rue des Noyers 40, 5000 Namur
Names & denominations
IfThenElse
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
18 January 2011
Peppol
Active · Active since 24 Nov 2025
Activities · NACE

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Frequently asked questions

What does IfThenElse do?
IfThenElse is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 18 January 2011, 1 establishment.
What is the address of IfThenElse?
The registered office of IfThenElse is located at Rue des Noyers 40, 5000 Namur.
Is IfThenElse still active?
Yes. According to the CBE (2 October 2026) IfThenElse is active, legal situation “Normale toestand”, started on 18 January 2011.
Is IfThenElse registered on Peppol?
Yes, IfThenElse is registered on the Peppol network with ID 0208:0832892379.
What is the enterprise number of IfThenElse?
The enterprise number of IfThenElse is BE0832892379.
When was IfThenElse founded?
IfThenElse was founded on 18 January 2011.