Active · per the CBE, 29 October 2026

ACHILLES ASSOCIATES

BE0871895485

Rechtspersoon Private limited company 1 establishment

Borchtstraat 30, 2800 Mechelen

Behind the company: Jürgen Oskamp, Koenraad Elsen.

Active for

21 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ACHILLES ASSOCIATES from Mechelen, company number BE0871895485, closed financial year 2025 with a result of € -25,685 after tax. For that financial year ACHILLES ASSOCIATES recorded a gross margin of € 36,734 and equity of € 274,807. Compared with financial year 2024, the result moved from € -36,210 to € -25,685. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 16, 2026.

What it is worth Healthy

€ 274,807

▼ 9% vs 2024

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

Loss Caution

€ -25,685

▲ 29 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 25,562

▼ 64% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 268,607.

People and assets in 2025

Vehicles and equipment

€ 4,047

▼ 25% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 172,238

▼ 28% vs 2024

€ 48,505 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 3,520

▲ 83% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 30,284 € 21,453 € 27,299 € 36,734 ▲ 35%
Profit after taxes € -31,541 € -37,530 € -36,210 € -25,685 ▲ € 10,525
Equity € 374,232 € 336,702 € 300,492 € 274,807 ▼ 9%
Total debts € 434,081 € 358,052 € 335,049 € 270,243 ▼ 19%
Cash € 138,886 € 78,234 € 71,514 € 25,562 ▼ 64%
Land & buildings € 645,136 € 599,461 € 551,635 € 502,351 ▼ 9%
Retained profit € 368,032 € 330,502 € 294,292 € 268,607 ▼ 9%
Dividend € 266,861 € 0 € 0 € 0
Bank debt € 392,322 € 315,477 € 239,200 € 172,238 ▼ 28%
Balance sheet total € 808,314 € 694,755 € 635,541 € 545,049 ▼ 14%

Key figures of ACHILLES ASSOCIATES, 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 April 2027.

What happened to ACHILLES ASSOCIATES?

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

  • New annual accounts for financial year 2025: loss of € 25,685. filed late Source: NBB ↗
  • Start of the company according to the CBE. KBO
  • New establishment in Mechelen. KBO
  • Jürgen Oskamp became a director. NBB
  • Koenraad Elsen became a director. NBB

In short

From € 31,541 loss in 2022 to € 25,685 loss in 2025.

Paid € 990 in corporate taxes since 2022.

Paid out € 266,861 in dividends to the owners in total.

Management

Jürgen Oskamp Koenraad Elsen

Behind ACHILLES ASSOCIATES are Jürgen Oskamp and Koenraad Elsen. The same people are also behind Achilles Design and Achilles Ventures. Jürgen Oskamp is also behind QUANTUM DESIGN. Koenraad Elsen is also behind APD PRODUCTS.

Directors

According to the 2025 annual accounts

Jürgen Oskamp

Director

Also active at: QUANTUM DESIGN, Achilles Design, Achilles Ventures

since 2005

Koenraad Elsen

Director

Also active at: APD PRODUCTS, Achilles Design, Achilles Ventures

since 2005

Establishments

Establishment units

Physical locations of this company

Registered office

Borchtstraat 30

2800 Mechelen

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

Details

Company number
0871.895.485
VAT number
BE 0871.895.485
Registered office
Borchtstraat 30, 2800 Mechelen
Names & denominations
ACHILLES ASSOCIATES
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
15 February 2005
Peppol
Active · Active since 1 Jan 2001

Frequently asked questions

What is the address of ACHILLES ASSOCIATES?
The registered office of ACHILLES ASSOCIATES is located at Borchtstraat 30, 2800 Mechelen.
Is ACHILLES ASSOCIATES still active?
Yes. According to the CBE (29 October 2026) ACHILLES ASSOCIATES is active, legal situation “Normale toestand”, started on 15 February 2005.
Is ACHILLES ASSOCIATES registered on Peppol?
Yes, ACHILLES ASSOCIATES is registered on the Peppol network with ID 0208:0871895485.
What is the enterprise number of ACHILLES ASSOCIATES?
The enterprise number of ACHILLES ASSOCIATES is BE0871895485.
When was ACHILLES ASSOCIATES founded?
ACHILLES ASSOCIATES was founded on 15 February 2005.
Who owns ACHILLES ASSOCIATES?
Behind ACHILLES ASSOCIATES are Jürgen Oskamp and Koenraad Elsen. The same people are also behind Achilles Design and Achilles Ventures. Jürgen Oskamp is also behind QUANTUM DESIGN. Koenraad Elsen is also behind APD PRODUCTS.