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 17 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
EFFENSO from Waregem, company number BE0894230429, closed financial year 2026 with a result of € -3,374 after tax. For that financial year EFFENSO recorded a gross margin of € 193,767 and equity of € 506,816. Compared with financial year 2025, the result moved from € 53,921 to € -3,374. 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 September 30, 2026.
€ 506,816
▼ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,374
▼ still € 53,921 profit in 2025
Profit after tax over the fiscal year.
€ 40,714
▲ 40% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 494,316.
People and assets in 2026
2.7
▲ 0.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 158,991
▲ 1% vs 2025
€ 58,900 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.
€ 23,944
▼ 49% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 303,377
▼ 24% vs 2025
Loans from banks and other lenders, long and short.
€ 294,291
▲ 36% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 33,312
▼ 15% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 330,186 | € 242,414 | € 291,018 | € 193,767 | ▼ 33% |
| Profit after taxes | € 5,304 | € 44,393 | € 53,921 | € -3,374 | ▼ € 57,295 |
| Equity | € 411,875 | € 456,268 | € 510,190 | € 506,816 | ▼ 1% |
| Total debts | € 801,830 | € 769,357 | € 661,632 | € 670,281 | ▲ 1% |
| Cash | € 108,352 | € 123,626 | € 29,012 | € 40,714 | ▲ 40% |
| Retained profit | € 399,375 | € 443,768 | € 497,690 | € 494,316 | ▼ 1% |
| Bank debt | € 496,168 | € 543,667 | € 398,972 | € 303,377 | ▼ 24% |
| Balance sheet total | € 1,213,705 | € 1,225,626 | € 1,171,822 | € 1,177,097 | |
| Employees (FTE) | 4.6 | 4.5 | 2.6 | 2.7 | ▲ 0.1 |
Key figures of EFFENSO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to EFFENSO?
What happened at EFFENSO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 3,374 (▼ € 57,295 vs 2025). Source: NBB ↗
- New establishment in Waregem. KBO
- New establishment in Dentergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,304 profit in 2023 to € 3,374 loss in 2026.
Paid € 48,602 in corporate taxes since 2023.
Best year ever: 2025, with € 53,921 profit.
On average € 71,800 of value added per employee in 2026.
Management
Behind EFFENSO is Paul Reyn. Paul Reyn is also behind PAREADIS.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Moerbosstraat 30 box A
8793 Waregem
Meulebekesteenweg(Den) 47
8720 Dentergem
Active since 12 December 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0894.230.429
- VAT number
- BE 0894.230.429
- Registered office
- Moerbosstraat 30 bus A, 8793 Waregem
- Names & denominations
- EFFENSO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2007
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- effenso.com [email protected] 0499295704
- Activities · NACE
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