Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COMERCIO from Houthulst, company number BE0892767511, closed financial year 2025 with a result of € 40,855 after tax. For that financial year COMERCIO recorded a gross margin of € 370,974 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 46,234 to € 40,855. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ 1.2 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,855
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 4,777
▼ 93% 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 € 336,303.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 13,089
▲ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▼ 8% vs 2024
€ 254,867 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 124,337
Supplier invoices still open on the last day of the fiscal year.
€ 14,247
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 340,033 | € 238,062 | € 370,325 | € 370,974 | |
| Profit after taxes | € 16,628 | € 7,551 | € 46,234 | € 40,855 | ▼ 12% |
| Equity | € 1,065,353 | € 1,072,904 | € 1,119,138 | € 1,159,993 | ▲ 4% |
| Total debts | € 3,235,113 | € 4,027,766 | € 4,244,849 | € 4,124,424 | ▼ 3% |
| Cash | € 4,201 | € 83,891 | € 72,262 | € 4,777 | ▼ 93% |
| Land & buildings | € 3,498,048 | € 3,769,273 | € 3,293,742 | € 3,175,243 | ▼ 4% |
| Retained profit | € 216,547 | € 224,098 | € 270,332 | € 336,303 | ▲ 24% |
| Bank debt | € 2,642,352 | € 2,891,486 | € 2,946,770 | € 2,696,510 | ▼ 8% |
| Balance sheet total | € 4,300,466 | € 5,100,670 | € 5,363,987 | € 5,284,418 | ▼ 1% |
Key figures of COMERCIO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to COMERCIO?
What happened at COMERCIO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,855 (▼ 12% vs 2024). Source: NBB ↗
- New establishment in Houthulst. KBO
- Sandra Verburgh became a director. NBB
- Start of the company according to the CBE. KBO
- Frank Van Massenhove became a director. NBB
In short
From € 16,628 profit in 2022 to € 40,855 profit in 2025.
Paid € 50,714 in corporate taxes since 2022.
Best year ever: 2024, with € 46,234 profit.
A new publication or filing at COMERCIO? We notify you, reason included.
Follow COMERCIODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind COMERCIO are Frank Van Massenhove and Sandra Verburgh. Frank Van Massenhove is also behind J & F TRADING.
Directors
According to the 2025 annual accounts
since 2007
Sandra Verburgh
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Terreststraat 141
8650 Houthulst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0892.767.511
- VAT number
- BE 0892.767.511
- Registered office
- Terreststraat 141, 8650 Houthulst
- Names & denominations
- COMERCIO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 2007
- Peppol
- Active · Active since 1 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Activiteiten van kuuroorden, sauna’s en stoombaden
Sauna's, solaria, baden enz.
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Activiteiten van verzekeringsagenten en -makelaars
Verhuur en lease van andere consumentenartikelen, n.e.g.