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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Two loss years in a row NBB
Negative result in 2025 and 2026.
Financials
Financial year 2026
ASSOCIATED SERVICES from Lievegem, company number BE0880619646, closed financial year 2026 with a result of € -18,616 after tax. For that financial year ASSOCIATED SERVICES recorded a gross margin of € 98,521 and equity of € 386,630. Compared with financial year 2025, the result moved from € -15,664 to € -18,616. 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 June 25, 2026.
€ 386,630
▼ 5% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,616
▼ 19 % more loss than in 2025
Profit after tax over the fiscal year.
€ 163,312
▲ 6% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 342,030.
People and assets in 2026
€ 6,048
▼ 75% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 448,451
▲ 10% vs 2025
€ 102,130 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 16,493
▼ 16% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 1,914
▼ 68% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 103,634 | € 106,928 | € 88,264 | € 98,521 | ▲ 12% |
| Profit after taxes | € -911 | € 1,715 | € -15,664 | € -18,616 | ▼ € 2,952 |
| Equity | € 419,195 | € 420,910 | € 405,246 | € 386,630 | ▼ 5% |
| Total debts | € 734,822 | € 697,448 | € 567,093 | € 466,858 | ▼ 18% |
| Cash | € 296,879 | € 222,957 | € 153,679 | € 163,312 | ▲ 6% |
| Land & buildings | € 810,511 | € 754,544 | € 690,326 | € 626,259 | ▼ 9% |
| Retained profit | € 374,595 | € 376,310 | € 360,646 | € 342,030 | ▼ 5% |
| Bank debt | € 707,025 | € 651,082 | € 407,062 | € 448,451 | ▲ 10% |
| Balance sheet total | € 1,245,121 | € 1,209,462 | € 1,063,443 | € 944,592 | ▼ 11% |
| Employees (FTE) | 0.1 | - | 0 | - |
Key figures of ASSOCIATED SERVICES, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to ASSOCIATED SERVICES?
What happened at ASSOCIATED SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 18,616. Source: NBB ↗
- New establishment in Lievegem. KBO
- Idesbald D'Havé became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 911 loss in 2023 to € 18,616 loss in 2026.
Paid € 15,918 in corporate taxes since 2023.
Best year ever: 2024, with € 1,715 profit.
Management
Behind ASSOCIATED SERVICES is Idesbald D'Havé. Idesbald D'Havé is also behind Associated Service and KUBIEK.
Directors
According to the 2026 annual accounts
since 2006
Establishments
Establishment units
Physical locations of this company
Haantjen 2
9920 Lievegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0880.619.646
- VAT number
- BE 0880.619.646
- Registered office
- Haantjen 2, 9920 Lievegem
- Names & denominations
- ASSOCIATED SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 April 2006
- Peppol
- Active · Active since 30 Aug 2023
- Activities · NACE
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