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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 41.3 to 31.7.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
InSites Compages from Gent, company number BE0837297070, closed financial year 2025 with a result of € -5.5 million after tax. For that financial year InSites Compages recorded revenue of € 19.7 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € -6.9 million to € -5.5 million. The company made a loss. The buffer shrank hard: equity is 67 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 2.8 million
▼ 67% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5.5 million
▲ 20 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15.2 million.
People and assets in 2025
31.7
▼ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▲ 6% vs 2024
€ 117,000 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.
€ 1,127
▼ 98% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 30.7 million
▲ 1% vs 2024
€ 1.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 6.4 million
▲ 128% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 158 days on average.
€ 849,596
▲ 103% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 45,923,587 | € 17,223,373 | € 19,749,757 | ▲ 15% |
| Profit after taxes | € -5,436,988 | € -6,904,855 | € -5,524,058 | ▲ € 1.4 million |
| Equity | € 20,071,485 | € 8,279,879 | € 2,755,822 | ▼ 67% |
| Total debts | € 68,797,659 | € 76,509,026 | € 85,337,613 | ▲ 12% |
| Cash | € 1,581,612 | € 845,793 | € 1,145,497 | ▲ 35% |
| Retained profit | € 2,070,962 | € -9,720,644 | € -15,244,701 | ▼ € 5.5 million |
| Bank debt | € 27,743,416 | € 30,524,125 | € 30,677,939 | ▲ 1% |
| Balance sheet total | € 88,869,144 | € 84,788,905 | € 88,093,435 | ▲ 4% |
| Employees (FTE) | 41.3 | 34.5 | 31.7 | ▼ 2.8 |
Key figures of InSites Compages, 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 InSites Compages?
What happened at InSites Compages in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sofie Aelter stepped down as director. NBB
- Timothy Wragg stepped down as director. NBB
- Capify BV stepped down as director. NBB
- Peter Teachman stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 5.5 million. Source: NBB ↗
- Sofie Aelter became a director. NBB
- Timothy Wragg became a director. NBB
- Capify BV became a director. NBB
In short
From € 5.4 million loss in 2022 to € 5.5 million loss in 2025.
Paid € 61,347 in corporate taxes since 2022.
Pays suppliers within 158 days on average.
Management
The stake of Human8 Europe comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
InSites CompagesThe shares are held by Human8 Europe (100%). It owns 100% of ABN Impact Holdings, 100% of ISC Research SRL, 100% of Direction First Pty Limited, 100% of Columinate Pty Ltd, 100% of Eyeka SRL and 100% of InSites Marketing Consulting Inc itself.
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
ABN Impact Holdings
100%
ISC Research SRL
100%
Direction First Pty Limited
100%
Columinate Pty Ltd
100%
Eyeka SRL
100%
InSites Marketing Consulting Inc
100%
InSites DE GmbH
100%
InSites Consulting BV
100%
Happy Thinking People GmbH
100%
Join The Dots Holdings Ltd
100%
100%
Establishments
Establishment units
Physical locations of this company
Moutstraat 124
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Ret Square
€ 225,474 gross margin · 2025
INSITES same network
€ 4.3 million revenue · 2025
Human8 Europe same network
€ 43.6 million revenue · 2025
Young Mobility Services
€ 725,419 gross margin · 2025
AETERRA
€ -26,651 gross margin · 2025
+7 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
- 0837.297.070
- VAT number
- BE 0837.297.070
- Registered office
- Moutstraat 124, 9000 Gent
- Names & denominations
- InSites Compages
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2011
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
Activiteiten van reclamebureaus
Markt- en opinieonderzoek
Activiteiten van holdings
Overige zakelijke dienstverlening, neg
Holdings