Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 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 28 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
S23 from Watermaal-Bosvoorde, company number BE1006620171, closed financial year 2025 with a result of € -11,298 after tax. For that financial year S23 recorded a gross margin of € 37,936 and equity of € -11,200. Compared with financial year 2024, the result moved from € -59,901 to € -11,298. 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 June 26, 2026.
€ -11,200
▼ € 11,298 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,298
▲ 81 % less loss than in 2024
Profit after tax over the fiscal year.
€ 55,047
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -71,200.
People and assets in 2025
€ 2,302
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 566,657
▲ 26% vs 2024
€ 25,006 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 20,769
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,480
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -10,830 | € 37,936 | ▲ € 48,765 |
| Profit after taxes | € -59,901 | € -11,298 | ▲ € 48,603 |
| Equity | € 99 | € -11,200 | ▼ € 11,298 |
| Total debts | € 763,187 | € 741,663 | ▼ 3% |
| Cash | € 117,816 | € 55,047 | ▼ 53% |
| Land & buildings | € 624,673 | € 639,447 | ▲ 2% |
| Retained profit | € -59,901 | € -71,200 | ▼ € 11,298 |
| Bank debt | € 450,163 | € 566,657 | ▲ 26% |
| Balance sheet total | € 763,285 | € 730,463 | ▼ 4% |
Key figures of S23, fiscal years 2024 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 S23?
What happened at S23 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,298. Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,901 loss in 2024 to € 11,298 loss in 2025.
A new publication or filing at S23? 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
Establishments
Establishment units
Physical locations of this company
Vorstlaan 23 box A
1170 Watermaal-Bosvoorde
Vorstlaan 23D
1170 Watermaal-Bosvoorde
Active since 29 February 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →REGARDS CROISES
AVELLINO AND FRIENDS
€ 12,010 gross margin · 2024
KZ AESTHETICS
€ 5,227 gross margin · 2025
MAQUILLARTS
€ 72,447 revenue · 2025
Association des copropriétaires à Watermael-Boitsfort Boulevard du Souverain 23
+5 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
- 1006.620.171
- VAT number
- BE 1006.620.171
- Registered office
- Vorstlaan 23 bus A, 1170 Watermaal-Bosvoorde
- Names & denominations
- S23
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 February 2024
- Peppol
- Active · Active since 2 Jul 2025
- Contact
- [email protected] +32493527477
- Activities · NACE
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