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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
N9 from Lede, company number BE0898204459, closed financial year 2025 with a result of € -9,614 after tax. For that financial year N9 recorded a gross margin of € -4,426 and equity of € -81,581. Compared with financial year 2024, the result moved from € -7,590 to € -9,614. 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 July 8, 2026.
€ -81,581
▼ € 9,614 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,614
▼ 27 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,589
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -100,181.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 955
▲ € 885 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,039 | € -5,656 | € -2,789 | € -4,426 | ▼ € 1,637 |
| Profit after taxes | € -9,564 | € -11,417 | € -7,590 | € -9,614 | ▼ € 2,024 |
| Equity | € -52,960 | € -64,377 | € -71,967 | € -81,581 | ▼ € 9,614 |
| Total debts | € 83,723 | € 92,334 | € 94,212 | € 99,556 | ▲ 6% |
| Cash | € 3,178 | € 4,318 | € 2,999 | € 4,589 | ▲ 53% |
| Retained profit | € -71,560 | € -82,977 | € -90,567 | € -100,181 | ▼ € 9,614 |
| Balance sheet total | € 30,763 | € 27,958 | € 22,245 | € 17,975 | ▼ 19% |
Key figures of N9, 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 N9?
What happened at N9 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,614. Source: NBB ↗
- New establishment in Lede. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,564 loss in 2022 to € 9,614 loss in 2025.
A new publication or filing at N9? We notify you, reason included.
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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 N9 are Dirk Rasschaert and Els De Brauwer. Els De Brauwer is also behind FAVOR ALL RENT.
Directors
According to the 2025 annual accounts
Dirk Rasschaert
Director
Establishments
Establishment units
Physical locations of this company
Grote Steenweg 145/B
9340 Lede
Grote Steenweg 145 box B
9340 Lede
Active since 29 May 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0898.204.459
- VAT number
- BE 0898.204.459
- Registered office
- Grote Steenweg 145/B, 9340 Lede
- Names & denominations
- N9
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 2008
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Exploitatie van sportaccommodaties