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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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PARTICIPACE from Profondeville, company number BE0889658363, closed financial year 2025 with a result of € -8,620 after tax. For that financial year PARTICIPACE recorded a gross margin of € 8,716 and equity of € 295,136. Compared with financial year 2023, the result moved from € 2,857 to € -8,620. 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 October 26, 2026.
€ 295,136
▼ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,620
▼ still € 2,857 profit in 2023
Profit after tax over the fiscal year.
€ 24,099
▲ 74% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 170,136.
Debts at end 2025
€ 58,896
▲ 3% vs 2023
€ 27,037 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,124
▲ € 4,949 vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,688 | € 5,469 | € 19,870 | € 8,716 | ▼ 56% |
| Profit after taxes | € -20,248 | € -41,314 | € 2,857 | € -8,620 | ▼ € 11,476 |
| Equity | € 343,515 | € 302,201 | € 305,057 | € 295,136 | ▼ 3% |
| Total debts | € 105,905 | € 99,948 | € 85,115 | € 76,955 | ▼ 10% |
| Cash | € 17,019 | € 11,449 | € 13,817 | € 24,099 | ▲ 74% |
| Land & buildings | € 429,048 | € 387,346 | € 373,001 | € 344,504 | ▼ 8% |
| Retained profit | € 218,515 | € 177,201 | € 180,057 | € 170,136 | ▼ 6% |
| Bank debt | € 73,612 | € 65,836 | € 57,354 | € 58,896 | ▲ 3% |
| Balance sheet total | € 449,420 | € 402,148 | € 390,172 | € 372,090 | ▼ 5% |
Key figures of PARTICIPACE, fiscal years 2021 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 PARTICIPACE?
What happened at PARTICIPACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,620 (▼ € 11,476 vs 2023). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 20,248 loss in 2021 to € 8,620 loss in 2025.
Paid € 18 in corporate taxes since 2021.
Best year ever: 2023, with € 2,857 profit.
Management
Behind PARTICIPACE are Fichefet Manuel and Raoul Fichefet Frédéric. Fichefet Manuel is also behind A.C.E. SERVICES.
Directors
According to the 2025 annual accounts
Raoul Fichefet Frédéric
Director
Establishments
Establishment units
Physical locations of this company
Rue du Rivage(RV) 20
5170 Profondeville
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0889.658.363
- VAT number
- BE 0889.658.363
- Registered office
- Rue du Rivage(RV) 20, 5170 Profondeville
- Names & denominations
- PARTICIPACE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 2007
- Peppol
- Active · Active since 7 May 2026