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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Figures corrected NBB
Corrected annual account filed for 2025.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COMBO from Liège, company number BE0884964751, closed financial year 2025 with a result of € 107,904 after tax. For that financial year COMBO recorded a gross margin of € 445,775 and equity of € 2 million. Compared with financial year 2024, the result moved from € 68,499 to € 107,904. 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 September 21, 2026.
€ 2 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 107,904
▲ 58% vs 2024
Profit after tax over the fiscal year.
€ 62,745
▲ € 57,726 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2 million.
Debts at end 2025
€ 2.8 million
▲ 18% vs 2024
€ 143,844 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 25,726
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,640
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 316,595 | € 1,865,938 | € 402,773 | € 445,775 | ▲ 11% |
| Profit after taxes | € 27,780 | € 1,495,171 | € 68,499 | € 107,904 | ▲ 58% |
| Equity | € 376,251 | € 1,871,422 | € 1,939,921 | € 2,047,825 | ▲ 6% |
| Total debts | € 3,246,381 | € 3,397,522 | € 3,486,235 | € 5,039,294 | ▲ 45% |
| Cash | € 41,334 | € 23,660 | € 5,019 | € 62,745 | ▲ € 57,726 |
| Land & buildings | € 2,068,811 | € 2,473,637 | € 2,434,121 | € 2,356,386 | ▼ 3% |
| Retained profit | € 314,751 | € 1,809,922 | € 1,878,421 | € 1,986,325 | ▲ 6% |
| Bank debt | € 3,056,033 | € 2,687,903 | € 2,370,628 | € 2,803,519 | ▲ 18% |
| Balance sheet total | € 3,622,633 | € 5,268,944 | € 5,426,156 | € 7,087,119 | ▲ 31% |
Key figures of COMBO, 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 COMBO?
What happened at COMBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,780 profit in 2022 to € 107,904 profit in 2025.
Paid € 37,055 in corporate taxes since 2022.
Best year ever: 2023, with € 1.5 million profit.
Management
The stake of TRUXMORE, ORMOND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COMBOBehind COMBO are Pierre MATOUL and BERNARD SEREXHE. The shares are held by TRUXMORE (50%) and ORMOND (49.7%).
Directors
According to the 2025 annual accounts
Pierre MATOUL
Director
BERNARD SEREXHE
Director
Also active at: BOSE AUTOMOBILES, BOSE EVENTS, IMMOBOUILLE, SRX HOLDING, 2M TRENDS, ORMOND, SRX FAWEUX
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Trois-Grands 39
4030 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Traiteur Yvon
€ 4,456 gross margin · 2025
BOSE AUTOMOBILES same network
€ -48,345 gross margin · 2025
A.M.A. ALLEUR
€ -219 gross margin · 2025
IMMOBOUILLE same network
€ 58,628 gross margin · 2025
ABIAN BALI.EU
€ 18,395 gross margin · 2025
+6 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
- 0884.964.751
- VAT number
- BE 0884.964.751
- Registered office
- Rue des Trois-Grands 39, 4030 Liège
- Names & denominations
- COMBO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2006
- Peppol
- Active · Active since 5 Sept 2025