What does THE SOURCE do?

THE SOURCE is a wholesaler in Chapelle-lez-Herlaimont. Private Limited, started on 13 April 2012, 1 establishment.

What is the address of THE SOURCE?

The registered office of THE SOURCE is located at Clos du Chêne au Bois 4, 7160 Chapelle-lez-Herlaimont.

Is THE SOURCE still active?

Yes. According to the CBE (29 October 2026) THE SOURCE is active, legal situation “Normale toestand”, started on 13 April 2012.

Is THE SOURCE registered on Peppol?

Yes, THE SOURCE is registered on the Peppol network with ID 0208:0845242459.

What is the enterprise number of THE SOURCE?

The enterprise number of THE SOURCE is BE0845242459.

When was THE SOURCE founded?

THE SOURCE was founded on 13 April 2012.

Is THE SOURCE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 April 2012; 4 annual accounts filed, latest fiscal year 2025.

How much profit did THE SOURCE make in 2025?

THE SOURCE posted a profit after taxes of € 99,563 in financial year 2025.

What is the revenue of THE SOURCE?

In its most recent annual accounts (2025), THE SOURCE reported revenue of € 1,773,203.

How much does an employee at THE SOURCE earn?

The average wage cost per full-time employee at THE SOURCE was € 44,300 in 2025: staff costs of € 93,001 for 2.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does THE SOURCE have?

According to the 2025 annual accounts, THE SOURCE has 2.1 full-time equivalents (FTE).

THE SOURCE (Private Limited) - Chapelle-lez-Herlaimont

Dossier THE SOURCE, printed on 29 October 2026 from databakkes.be/en/0845242459/the-source. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

THE SOURCE from Chapelle-lez-Herlaimont, company number BE0845242459, closed financial year 2025 with a result of € 99,563 after tax. For that financial year THE SOURCE recorded revenue of € 1.8 million and equity of € 689,165. Compared with financial year 2024, the result moved from € 247,334 to € 99,563. 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 October 31, 2025.

What it is worth Growing

€ 689,165

▲ 1% vs 2024

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

Profit Healthy

€ 99,563

▼ 60% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 179,717

▼ 48% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 90,000 paid out

90 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

2.1

▲ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 93,001

▲ 24% vs 2024

€ 44,300 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.

Vehicles and equipment

€ 112,657

▲ 74% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 88,105

▲ 145% vs 2024

€ 21,945 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 112,609

▲ 37% vs 2024

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

Taxes and wages

€ 13,230

▼ 76% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,924,339 Revenue 2022: € 1,924,339 First fiscal year in the series	€ 1,794,619 Revenue 2023: € 1,794,619 ▼ 7% vs 2022 (€ 1,924,339) Unfavourable step	€ 1,868,355 Revenue 2024: € 1,868,355 ▲ 4% vs 2023 (€ 1,794,619) Favourable step	€ 1,773,203 Revenue 2025: € 1,773,203 ▼ 5% vs 2024 (€ 1,868,355) Unfavourable step	▼ 5%
Gross margin	€ 270,366 Gross margin 2022: € 270,366 First fiscal year in the series	€ 444,838 Gross margin 2023: € 444,838 ▲ 65% vs 2022 (€ 270,366) Favourable step	€ 441,785 Gross margin 2024: € 441,785 ▼ 1% vs 2023 (€ 444,838) Unfavourable step	€ 286,462 Gross margin 2025: € 286,462 ▼ 35% vs 2024 (€ 441,785) Unfavourable step	▼ 35%
Profit after taxes	€ 81,585 Profit after taxes 2022: € 81,585 First fiscal year in the series	€ 174,593 Profit after taxes 2023: € 174,593 ▲ 114% vs 2022 (€ 81,585) Favourable step	€ 247,334 Profit after taxes 2024: € 247,334 ▲ 42% vs 2023 (€ 174,593) Favourable step	€ 99,563 Profit after taxes 2025: € 99,563 ▼ 60% vs 2024 (€ 247,334) Unfavourable step	▼ 60%
Equity	€ 347,675 Equity 2022: € 347,675 First fiscal year in the series	€ 522,268 Equity 2023: € 522,268 ▲ 50% vs 2022 (€ 347,675) Favourable step	€ 679,602 Equity 2024: € 679,602 ▲ 30% vs 2023 (€ 522,268) Favourable step	€ 689,165 Equity 2025: € 689,165 ▲ 1% vs 2024 (€ 679,602) Favourable step	▲ 1%
Total debts	€ 386,841 Total debts 2022: € 386,841 First fiscal year in the series	€ 309,645 Total debts 2023: € 309,645 ▼ 20% vs 2022 (€ 386,841) Favourable step	€ 288,441 Total debts 2024: € 288,441 ▼ 7% vs 2023 (€ 309,645) Favourable step	€ 328,677 Total debts 2025: € 328,677 ▲ 14% vs 2024 (€ 288,441) Unfavourable step	▲ 14%
Cash	€ 123,323 Cash 2022: € 123,323 First fiscal year in the series	€ 209,408 Cash 2023: € 209,408 ▲ 70% vs 2022 (€ 123,323) Favourable step	€ 347,088 Cash 2024: € 347,088 ▲ 66% vs 2023 (€ 209,408) Favourable step	€ 179,717 Cash 2025: € 179,717 ▼ 48% vs 2024 (€ 347,088) Unfavourable step	▼ 48%
Retained profit	€ 329,075 Retained profit 2022: € 329,075 First fiscal year in the series	€ 503,668 Retained profit 2023: € 503,668 ▲ 53% vs 2022 (€ 329,075) Favourable step	€ 661,002 Retained profit 2024: € 661,002 ▲ 31% vs 2023 (€ 503,668) Favourable step	€ 670,565 Retained profit 2025: € 670,565 ▲ 1% vs 2024 (€ 661,002) Favourable step	▲ 1%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 90,000 Dividend 2024: € 90,000 Unchanged (€ 0) Unchanged	€ 90,000 Dividend 2025: € 90,000 Unchanged (€ 90,000) Unchanged
Bank debt	€ 63,483 Bank debt 2022: € 63,483 First fiscal year in the series	€ 56,540 Bank debt 2023: € 56,540 ▼ 11% vs 2022 (€ 63,483) Favourable step	€ 35,907 Bank debt 2024: € 35,907 ▼ 36% vs 2023 (€ 56,540) Favourable step	€ 88,105 Bank debt 2025: € 88,105 ▲ 145% vs 2024 (€ 35,907) Unfavourable step	▲ 145%
Balance sheet total	€ 734,516 Balance sheet total 2022: € 734,516 First fiscal year in the series	€ 831,913 Balance sheet total 2023: € 831,913 ▲ 13% vs 2022 (€ 734,516) Unchanged	€ 968,043 Balance sheet total 2024: € 968,043 ▲ 16% vs 2023 (€ 831,913) Unchanged	€ 1,017,842 Balance sheet total 2025: € 1,017,842 ▲ 5% vs 2024 (€ 968,043) Unchanged	▲ 5%
Employees (FTE)	-	-	1.9 Employees (FTE) 2024: 1.9 First fiscal year in the series	2.1 Employees (FTE) 2025: 2.1 ▲ 0.2 vs 2024 (1.9) Unchanged	▲ 0.2

Key figures of THE SOURCE, 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 October 2026.

What happened to THE SOURCE?

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

Oct 31, 2025 New annual accounts for financial year 2025: profit of € 99,563 (▼ 60% vs 2024). Source: NBB ↗
Apr 13, 2012 New establishment in Chapelle-lez-Herlaimont. KBO
Apr 13, 2012 Start of the company according to the CBE. KBO

In short

From € 81,585 profit in 2022 to € 99,563 profit in 2025.

Paid € 176,297 in corporate taxes since 2022.

Best year ever: 2024, with € 247,334 profit.

On average € 136,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Clos du Chêne au Bois 4

7160 Chapelle-lez-Herlaimont

2.213.216.831

Clos du Chêne au Bois SN

7160 Chapelle-lez-Herlaimont

Active since 13 April 2012

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

LE GRAND COMPTOIR DU VIN

€ 171,846 gross margin · 2025

B&B Brothers

€ 108,800 revenue · 2025

DA VINCI

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

Details

Company number

0845.242.459

VAT number

BE 0845.242.459

Registered office

Clos du Chêne au Bois 4, 7160 Chapelle-lez-Herlaimont

Names & denominations

THE SOURCE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 April 2012

Peppol

Active · Active since 17 Dec 2025

Activities · NACE

Groothandel in wijnen en geestrijke dranken

Detailhandel in wijnen en geestrijke dranken

Overige detailhandel in voedingsmiddelen, neg

Overige detailhandel in nieuwe artikelen neg

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗