Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
528 PRODUCTIONS from Waregem, company number BE0880573819, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year 528 PRODUCTIONS recorded a gross margin of € 3.2 million and equity of € 79,089. Compared with financial year 2023, the result moved from € 36,873 to € -1.4 million. The company made a loss. The buffer shrank hard: equity is 95 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 79,089
▼ 95% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ still € 36,873 profit in 2023
Profit after tax over the fiscal year.
€ 284,891
▼ 45% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 26,573.
People and assets in 2025
15.3
▲ 2.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 160% vs 2023
€ 131,600 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.
€ 3.5 million
▲ 137% vs 2023
Of which on lease € 3.4 million.
Debts at end 2025
€ 6.5 million
▲ 177% vs 2023
€ 977,387 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.2 million
▲ 252% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 129,308
▲ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 999,262 | € 1,964,042 | € 1,326,702 | € 3,177,240 | ▲ 139% |
| Profit after taxes | € 250,276 | € 475,739 | € 36,873 | € -1,386,510 | ▼ € 1.4 million |
| Equity | € 1,122,271 | € 1,550,735 | € 1,562,385 | € 79,089 | ▼ 95% |
| Total debts | € 1,547,827 | € 1,605,555 | € 3,116,505 | € 7,899,732 | ▲ 153% |
| Cash | € 221,346 | € 181,641 | € 520,925 | € 284,891 | ▼ 45% |
| Land & buildings | € 583,957 | € 797,669 | € 1,011,862 | € 1,068,510 | ▲ 6% |
| Retained profit | € 900,470 | € 1,376,209 | € 1,413,082 | € 26,573 | ▼ 98% |
| Dividend | € 83,533 | € 0 | € 0 | € 0 | |
| Bank debt | € 934,478 | € 842,025 | € 2,340,888 | € 6,477,873 | ▲ 177% |
| Balance sheet total | € 2,670,098 | € 3,156,290 | € 4,678,891 | € 7,978,821 | ▲ 71% |
| Employees (FTE) | 10.1 | 11.5 | 12.8 | 15.3 | ▲ 2.5 |
Key figures of 528 PRODUCTIONS, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to 528 PRODUCTIONS?
What happened at 528 PRODUCTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.4 million (▼ € 1.4 million vs 2023). Source: NBB ↗
- Patrick Reyntjens became a director. NBB
- 528 BV became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 250,276 profit in 2021 to € 1.4 million loss in 2025.
Paid € 104,789 in corporate taxes since 2021.
Best year ever: 2022, with € 475,739 profit.
On average € 207,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind 528 PRODUCTIONS are Patrick Reyntjens and 528 BV. The shares are held by 528.
Directors
According to the 2025 annual accounts
Patrick Reyntjens
Director
Also active at: GEO.XYZ, GEOMETAL WORKS, ENVIROS SURVEY, VR@SEA, JACK AND JANE IMMO, GEO OST IMMO, Five Twenty Eight, Partimmo +5 more
since 2024
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Groenbek 32
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
Website info
Features
Security
Network
Details
- Company number
- 0880.573.819
- VAT number
- BE 0880.573.819
- Registered office
- Groenbek 32, 8790 Waregem
- Names & denominations
- 528 PRODUCTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2006
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- 528.co +32 56 89 19 91
- Activities · NACE
Productie en distributie van stoom en gekoelde lucht