Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 11.8 to 6.9.
Financials
Financial year 2025
Arendsoog from Gent, company number BE0863665927, closed financial year 2025 with a result of € -89,648 after tax. For that financial year Arendsoog recorded a gross margin of € 532,954 and equity of € -47,984. Compared with financial year 2024, the result moved from € 679 to € -89,648. 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 September 9, 2026.
€ -47,984
▼ € 89,648 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -89,648
▼ still € 679 profit in 2024
Profit after tax over the fiscal year.
€ 32,832
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -447,984.
People and assets in 2025
6.9
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 465,367
▼ 13% vs 2024
€ 67,400 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.
€ 99,204
▼ 21% vs 2024
Of which on lease € 82,458.
Debts at end 2025
€ 480,437
▼ 9% vs 2024
€ 68,666 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 119,510
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 174,896
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 691,679 | € 730,316 | € 681,815 | € 532,954 | ▼ 22% |
| Profit after taxes | € 24,366 | € -54,814 | € 679 | € -89,648 | ▼ € 90,327 |
| Equity | € 95,799 | € 40,984 | € 41,663 | € -47,984 | ▼ € 89,648 |
| Total debts | € 634,357 | € 715,497 | € 760,058 | € 776,098 | ▲ 2% |
| Cash | € 35,261 | € 77,670 | € 48,513 | € 32,832 | ▼ 32% |
| Retained profit | € -304,201 | € -359,016 | € -358,337 | € -447,984 | ▼ € 89,648 |
| Bank debt | € 355,014 | € 466,016 | € 529,221 | € 480,437 | ▼ 9% |
| Balance sheet total | € 730,156 | € 756,481 | € 801,721 | € 728,114 | ▼ 9% |
| Employees (FTE) | 11.6 | 11.8 | 8.4 | 6.9 | ▼ 1.5 |
Key figures of Arendsoog, 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 June 2027.
What happened to Arendsoog?
What happened at Arendsoog in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Smedia NV stepped down as director. NBB
- Out of the Box BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 89,648 (▼ € 90,327 vs 2024). filed late Source: NBB ↗
- Smedia NV became a director. NBB
- Out of the Box BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,366 profit in 2022 to € 89,648 loss in 2025.
Paid € 7,339 in corporate taxes since 2022.
Best year ever: 2022, with € 24,366 profit.
On average € 77,200 of value added per employee in 2025.
Management
The stake of SMEDIA, Out Of The Box comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ArendsoogThe shares are held by SMEDIA (66.5%) and Out Of The Box (32.9%).
Directors
According to the 2025 annual accounts
Managing director · represented by Johan Smekens
since 2021 · until 2027
since 2021 · until 2027
Shareholders
66.5%
32.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wijmenstraat 21 box C
9030 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Ganda - Dent
€ 512,512 gross margin · 2025
ANSOMAT
€ 425,306 gross margin · 2025
HALLEZ PRODUCTIES
€ 21,335 gross margin · 2025
SIXLIGHT
BART DESMIDT
€ 281,493 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Website info
Features
Security
Details
- Company number
- 0863.665.927
- VAT number
- BE 0863.665.927
- Registered office
- Wijmenstraat 21 bus C, 9030 Gent
- Names & denominations
- Arendsoog
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2004
- Peppol
- Active · Active since 7 Jan 2026
- Contact
- arendsoog.be
- Activities · NACE
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