What is the address of R159?

The registered office of R159 is located at Barrage 104, 8793 Waregem.

Is R159 still active?

Yes. According to the CBE (29 October 2026) R159 is active, legal situation “Normale toestand”, started on 26 July 2006.

Is R159 registered on Peppol?

No, R159 is currently not registered on the Peppol network.

What is the enterprise number of R159?

The enterprise number of R159 is BE0882711975.

When was R159 founded?

R159 was founded on 26 July 2006.

Who are the directors of R159?

According to the 2025 annual accounts, the directors of R159 are: STEFAAN VANASSCHE, YVES DEMEULENAERE.

Is R159 a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 July 2006; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did R159 make in 2025?

R159 recorded a loss after taxes of € 501 in financial year 2025.

What is the revenue of R159?

As a small company, R159 is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -291.

R159 (Public Limited) - Waregem - BE0882711975

Dossier R159, printed on 29 October 2026 from databakkes.be/en/0882711975/r159. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

R159 from Waregem, company number BE0882711975, closed financial year 2025 with a result of € -501 after tax. For that financial year R159 recorded a gross margin of € -291 and equity of € -350,463. Compared with financial year 2024, the result moved from € -277 to € -501. 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 August 28, 2026.

What it is worth Caution

€ -350,463

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

Loss Caution

€ -501

▼ 81 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,773

▼ 5% 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 € -490,463.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -76 Gross margin 2022: € -76 First fiscal year in the series	€ -478 Gross margin 2023: € -478 ▼ € 402 vs 2022 (€ -76) Unfavourable step	€ -85 Gross margin 2024: € -85 ▲ € 393 vs 2023 (€ -478) Favourable step	€ -291 Gross margin 2025: € -291 ▼ € 206 vs 2024 (€ -85) Unfavourable step	▼ € 206
Profit after taxes	€ -337 Profit after taxes 2022: € -337 First fiscal year in the series	€ -681 Profit after taxes 2023: € -681 ▼ € 344 vs 2022 (€ -337) Unfavourable step	€ -277 Profit after taxes 2024: € -277 ▲ € 404 vs 2023 (€ -681) Favourable step	€ -501 Profit after taxes 2025: € -501 ▼ € 224 vs 2024 (€ -277) Unfavourable step	▼ € 224
Equity	€ -349,005 Equity 2022: € -349,005 First fiscal year in the series	€ -349,686 Equity 2023: € -349,686 Unchanged (€ -349,005) Unfavourable step	€ -349,962 Equity 2024: € -349,962 Unchanged (€ -349,686) Unfavourable step	€ -350,463 Equity 2025: € -350,463 Unchanged (€ -349,962) Unfavourable step
Total debts	€ 360,236 Total debts 2022: € 360,236 First fiscal year in the series	€ 360,236 Total debts 2023: € 360,236 Unchanged (€ 360,236) Unchanged	€ 360,236 Total debts 2024: € 360,236 Unchanged (€ 360,236) Unchanged	€ 360,236 Total debts 2025: € 360,236 Unchanged (€ 360,236) Unchanged
Cash	€ 11,232 Cash 2022: € 11,232 First fiscal year in the series	€ 10,551 Cash 2023: € 10,551 ▼ 6% vs 2022 (€ 11,232) Unfavourable step	€ 10,274 Cash 2024: € 10,274 ▼ 3% vs 2023 (€ 10,551) Unfavourable step	€ 9,773 Cash 2025: € 9,773 ▼ 5% vs 2024 (€ 10,274) Unfavourable step	▼ 5%
Retained profit	€ -489,005 Retained profit 2022: € -489,005 First fiscal year in the series	€ -489,686 Retained profit 2023: € -489,686 Unchanged (€ -489,005) Unfavourable step	€ -489,962 Retained profit 2024: € -489,962 Unchanged (€ -489,686) Unfavourable step	€ -490,463 Retained profit 2025: € -490,463 Unchanged (€ -489,962) Unfavourable step
Balance sheet total	€ 11,232 Balance sheet total 2022: € 11,232 First fiscal year in the series	€ 10,551 Balance sheet total 2023: € 10,551 ▼ 6% vs 2022 (€ 11,232) Unchanged	€ 10,274 Balance sheet total 2024: € 10,274 ▼ 3% vs 2023 (€ 10,551) Unchanged	€ 9,773 Balance sheet total 2025: € 9,773 ▼ 5% vs 2024 (€ 10,274) Unchanged	▼ 5%

Key figures of R159, 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 R159?

What happened at R159 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 STEFAAN VANASSCHE stepped down as director. NBB
2027 YVES DEMEULENAERE stepped down as director. NBB
Aug 28, 2026 New annual accounts for financial year 2025: loss of € 501. filed late Source: NBB ↗
2021 STEFAAN VANASSCHE became a director. NBB
2021 YVES DEMEULENAERE became a director. NBB
Aug 17, 2006 New establishment in Wielsbeke. KBO
Jul 26, 2006 Start of the company according to the CBE. KBO

In short

From € 337 loss in 2022 to € 501 loss in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

STEFAAN VANASSCHE

Director

Also active at: IMTEC, FPS - Multiproducts, SALES PROMOTION INTERNATIONAL, STOCKPLASTICS - VORMSPUITWERK, QGD, JuuNoo

since 2021 · until 2027

YVES DEMEULENAERE

Director

Also active at: Demeco, Sonalex, WAREGEMSE TEXTIEL CLUB, ALFA TAPIJTFABRIEK, ORANGEFIELD, IMTEC, FPS - Multiproducts, STOCKPLASTICS - VORMSPUITWERK +3 more

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Barrage 104

8793 Waregem

2.155.586.953

Rijksweg 159

8710 Wielsbeke

Active since 17 August 2006

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

Details

Company number: 0882.711.975
VAT number: BE 0882.711.975
Registered office: Barrage 104, 8793 Waregem
Names & denominations: R159
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 26 July 2006
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗

R159