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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COMBAT from Aalst, company number BE0839778785, closed financial year 2025 with a result of € -7,537 after tax. For that financial year COMBAT recorded a gross margin of € -3,608 and equity of € -10,625. Compared with financial year 2024, the result moved from € -4,166 to € -7,537. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 26, 2025.
€ -10,625
▼ € 7,537 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,537
▼ 81 % more loss than in 2024
Profit after tax over the fiscal year.
€ 78
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23,025.
People and assets in 2025
€ 2,307
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,343
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 578
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,700
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,486 | € 6,063 | € -181 | € -3,608 | ▼ € 3,427 |
| Profit after taxes | € -1,052 | € 415 | € -4,166 | € -7,537 | ▼ € 3,372 |
| Equity | € 663 | € 1,078 | € -3,088 | € -10,625 | ▼ € 7,537 |
| Total debts | € 32,800 | € 29,735 | € 15,474 | € 18,361 | ▲ 19% |
| Cash | € 12,102 | € 5,077 | € 4,666 | € 78 | ▼ 98% |
| Retained profit | € -11,737 | € -11,322 | € -15,488 | € -23,025 | ▼ € 7,537 |
| Bank debt | € 18,650 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 33,464 | € 30,812 | € 12,386 | € 7,736 | ▼ 38% |
By gross margin, COMBAT ranks 6th of 7 companies with main activity “Groothandel in bouwmaterialen, algemeen assortiment” in Aalst that publish figures (fiscal year 2025).
Key figures of COMBAT, 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 January 2027.
Ask about COMBAT the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to COMBAT?
What happened at COMBAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,537. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Erpe-Mere. KBO
In short
From € 1,052 loss in 2022 to € 7,537 loss in 2025.
Paid € 3,719 in corporate taxes since 2022.
Best year ever: 2023, with € 415 profit.
Management
Behind COMBAT are Monique De Schutter and Gunther De Bruyn.
Directors
According to the 2025 annual accounts
Monique De Schutter
Director
Gunther De Bruyn
Director
Establishments
Establishment units
Physical locations of this company
Hopmarkt 23 box 11
9300 Aalst
Hoogstraat 54
9420 Erpe-Mere
Active since 28 September 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Same main activity (Groothandel in bouwmaterialen, algemeen assortiment), 7 active companies in Aalst, largest first.
€ 5.1 million revenue · 2025
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Website
Technologies
Hosting & Email
Email provider
Mail.com
Hosting
AS-UNIXSOLUTIONS Unix-Solutions Network, BE
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- De Bruyn Gunther Willem Irma(oprichter) 50%
- DE SCHUTTER Monique(oprichter) 50%
Details
- Company number
- 0839.778.785
- VAT number
- BE 0839.778.785
- Registered office
- Hopmarkt 23 bus 11, 9300 Aalst
- Names & denominations
- COMBAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 2011
- Peppol
- Active · Active since 11 Jun 2025
- Contact
- combat-water.be
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment