Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ABCellulose from Asse, company number BE0839017732, closed financial year 2025 with a result of € 11,098 after tax. For that financial year ABCellulose recorded a gross margin of € 100,422 and equity of € 238,298. Compared with financial year 2024, the result moved from € 18,065 to € 11,098. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 238,298
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,098
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 3,092
▲ 147% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 88,298.
People and assets in 2025
€ 20,501
▲ 35% 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.
€ 15,984
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 227,359
€ 25,620 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 33,090
▲ 158% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,750
▼ 52% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 140,166 | € 125,521 | € 104,816 | € 100,422 | ▼ 4% |
| Profit after taxes | € 19,808 | € 30,252 | € 18,065 | € 11,098 | ▼ 39% |
| Equity | € 205,383 | € 218,135 | € 227,200 | € 238,298 | ▲ 5% |
| Total debts | € 384,712 | € 366,626 | € 332,645 | € 392,801 | ▲ 18% |
| Cash | € 3,339 | € 715 | € 1,252 | € 3,092 | ▲ 147% |
| Land & buildings | € 517,046 | € 498,163 | € 478,114 | € 574,037 | ▲ 20% |
| Retained profit | € 55,383 | € 68,135 | € 77,200 | € 88,298 | ▲ 14% |
| Dividend | € 0 | € 17,500 | € 9,000 | € 0 | ▼ 100% |
| Bank debt | € 274,356 | € 240,115 | € 226,735 | € 227,359 | |
| Balance sheet total | € 590,095 | € 584,761 | € 559,846 | € 631,099 | ▲ 13% |
Key figures of ABCellulose, 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 ABCellulose?
What happened at ABCellulose in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,098 (▼ 39% vs 2024). Source: NBB ↗
- New establishment in Asse. KBO
- New establishment in Sint-Agatha-Berchem. KBO
- Thierry Lagae became a director. NBB
- Dominique Vranken became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,808 profit in 2022 to € 11,098 profit in 2025.
Paid € 34,576 in corporate taxes since 2022.
Best year ever: 2023, with € 30,252 profit.
Paid out € 26,500 in dividends to the owners in total.
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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
Behind ABCellulose are Thierry Lagae and Dominique Vranken.
Directors
According to the 2025 annual accounts
Thierry Lagae
Director
since 2011
Dominique Vranken
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Doornveld 184
1731 Asse
Groot-Bijgaardenstraat 481
1082 Sint-Agatha-Berchem
Active since 5 September 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0839.017.732
- VAT number
- BE 0839.017.732
- Registered office
- Doornveld 184, 1731 Asse
- Names & denominations
- ABCellulose
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 2011
- Peppol
- Active · Active since 5 Oct 2025
- Contact
- [email protected]
- Activities · NACE
Schrijnwerk
Activiteiten van fotografen, met uitzondering van persfotografen
Literaire creatie
Prepress- en premediadiensten
Scheppende kunsten, m.u.v. ondersteunende diensten