Financials
Financial year 2025
FSE INTERNATIONAL from Brussel, company number BE0881741183, closed financial year 2025 with a result of € 456,736 after tax. For that financial year FSE INTERNATIONAL recorded revenue of € 15.7 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 243,666 to € 456,736. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 1.6 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 456,736
▲ 87% vs 2024
Profit after tax over the fiscal year.
€ 3.2 million
▲ 128% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 315,000 paid out
69 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6
Average over the fiscal year, from the social balance sheet.
€ 739,434
▲ 39% vs 2024
€ 123,200 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.
€ 100,481
▲ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▼ 33% vs 2024
Loans from banks and other lenders, long and short.
€ 1.7 million
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 190,281
▲ 57% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,656,376 | € 6,681,269 | € 12,774,071 | € 15,684,371 | ▲ 23% |
| Profit after taxes | € 183,970 | € 168,169 | € 243,666 | € 456,736 | ▲ 87% |
| Equity | € 1,236,940 | € 1,190,901 | € 1,434,567 | € 1,576,302 | ▲ 10% |
| Total debts | € 4,076,956 | € 5,363,821 | € 6,695,816 | € 4,439,504 | ▼ 34% |
| Cash | € 2,288,959 | € 1,283,366 | € 1,419,247 | € 3,242,443 | ▲ 128% |
| Retained profit | € 486,940 | € 440,901 | € 434,567 | € 576,302 | ▲ 33% |
| Dividend | € 161,000 | € 214,209 | € 0 | € 315,000 | |
| Bank debt | € 968,681 | € 1,413,323 | € 3,425,730 | € 2,304,916 | ▼ 33% |
| Balance sheet total | € 5,313,896 | € 6,554,722 | € 8,130,383 | € 6,015,806 | ▼ 26% |
| Employees (FTE) | 9.2 | 5.8 | 6 | 6 |
Key figures of FSE INTERNATIONAL, 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 FSE INTERNATIONAL?
What happened at FSE INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hervé MARQUIS stepped down as director. NBB
- Raphäel de TRAMASURE stepped down as director. NBB
- Richard LECAUDE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 456,736 (▲ 87% vs 2024). Source: NBB ↗
- Richard LECAUDE became a director. NBB
- Hervé MARQUIS became a director. NBB
- Raphäel de TRAMASURE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 183,970 profit in 2022 to € 456,736 profit in 2025.
Paid € 196,568 in corporate taxes since 2022.
Best year ever: 2025, with € 456,736 profit.
Paid out € 690,209 in dividends to the owners in total.
A new publication or filing at FSE INTERNATIONAL? We notify you, reason included.
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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
It owns 100% of FSE HEALTHCARE LIMITED, 100% of FSE SARL and 80% of DEVASET SAS itself.
Directors
According to the 2025 annual accounts
Hervé MARQUIS
Managing director
since 2022 · until 2028
Raphäel de TRAMASURE
Director
since 2022 · until 2028
Richard LECAUDE
Director
since 2024 · until 2028
Establishments
Establishment units
Physical locations of this company
Staatsbladsstraat 9
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →ASSOCIATION DES HOTELIERS RESTAURATEURS ET CAFETIERS DE BRUXELLES
Fédération nationale des Hôteliers, Restaurateurs, Cafetiers et Entreprises assimilées de Belgique - Nat. Hotelhouders restauranthouders Caféhouders
A.B.C. DACTYL
EUROPEAN CENTRE FOR COMPLEX ISSUE RESOLUTION-CENTRE EUROPEEN DE RESOLUTION DE PROBLEMES COMPLEXES
Holding Moniteur 9
€ 144,221 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0881.741.183
- VAT number
- BE 0881.741.183
- Registered office
- Staatsbladsstraat 9, 1000 Brussel
- Names & denominations
- FSE INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2006
- Peppol
- Active · Active since 3 Jun 2025
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