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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AUTHORITY from Oudenaarde, company number BE0846644605, closed financial year 2025 with a result of € 1,941 after tax. For that financial year AUTHORITY recorded a gross margin of € 9,955 and equity of € -242,417. Compared with financial year 2024, the result moved from € -40,634 to € 1,941. Profitable, and profit is growing. 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 August 31, 2026.
€ -242,417
▲ € 1,941 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,941
▲ still € 40,634 loss in 2024
Profit after tax over the fiscal year.
€ 426
▼ 93% 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 € -263,417.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 266,200
▲ 2% vs 2024
€ 63,904 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 71,107
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,927
▼ 66% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 235,738 | € 9,586 | € -8,794 | € 9,955 | ▲ € 18,749 |
| Profit after taxes | € 5,804 | € -34,473 | € -40,634 | € 1,941 | ▲ € 42,574 |
| Equity | € -169,252 | € -203,724 | € -244,358 | € -242,417 | ▲ € 1,941 |
| Total debts | € 492,207 | € 452,537 | € 425,134 | € 429,878 | ▲ 1% |
| Cash | € 1,810 | € 4,256 | € 6,453 | € 426 | ▼ 93% |
| Retained profit | € -190,252 | € -224,724 | € -265,358 | € -263,417 | ▲ € 1,941 |
| Bank debt | € 299,726 | € 280,662 | € 259,963 | € 266,200 | ▲ 2% |
| Balance sheet total | € 322,955 | € 248,813 | € 180,776 | € 187,461 | ▲ 4% |
| Employees (FTE) | 3.3 | 0.2 | - | 0 |
Key figures of AUTHORITY, 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 AUTHORITY?
What happened at AUTHORITY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,941. filed late Source: NBB ↗
- Alexander Schmitt became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,804 profit in 2022 to € 1,941 profit in 2025.
Paid € 1,293 in corporate taxes since 2022.
Best year ever: 2022, with € 5,804 profit.
On average € 71,400 of value added per employee in 2022.
Management
Behind AUTHORITY is Alexander Schmitt. Alexander Schmitt is also behind TRAVEL PHARMA and LEGACY.
Directors
According to the 2025 annual accounts
since 2025
Establishments
Establishment units
Physical locations of this company
Reytstraat 103
9700 Oudenaarde
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
- 0846.644.605
- VAT number
- BE 0846.644.605
- Registered office
- Reytstraat 103, 9700 Oudenaarde
- Names & denominations
- AUTHORITY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 2012
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Grafisch ontwerp en visuele communicatie
Activiteiten van grafische designers
Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten
Detailhandel in kranten en andere tijdschriften
Detailhandel in ICT-apparatuur
Catering van evenementen
Detailhandel in babyartikelen (algemeen assortiment)
Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels
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