ACTIVE

SOURCE INTERNATIONAL

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Financial year 2025 · closed on 31/12/2025
Net result
257,8 €
-97.2% YoY
Gross margin
24,5 k €
+2.3% YoY
Equity
42 k €
+0.6% YoY

What does SOURCE INTERNATIONAL do?

SOURCE INTERNATIONAL is a Private limited company incorporated in 1995. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0455.466.567
Incorporation
22/06/1995
Legal form
Private limited company
Registered office
Nieuwewandeling 66
9000 Gent · FlandreSee on map
Contributed capital
18 592,04 €
Latest accounts
31/12/2025
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy90011Performing arts90201Creative, arts and entertainment activities43211Electrical installation43211Electrical installation
Joint committees (1)
  • 304
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin24,5 k €24 k €35,5 k €35,5 k €-9,9 k €19,1 k €18,8 k €40,3 k €9,9 k €-6 k €2,6 k €315 €-4,7 k €1,5 k €7,8 k €14,7 k €21,6 k €6,5 k €9,1 k €1,1 k €
EBITDA6,7 k €15,8 k €15,8 k €13,5 k €-28,8 k €18,2 k €17,8 k €39,1 k €4,2 k €-6,6 k €2 k €-404 €-5,8 k €1 k €7,1 k €-27,4 k €20,9 k €5,8 k €8,4 k €427 €
Operating result2,4 k €11,9 k €12,3 k €12 k €-31,5 k €15,6 k €15,2 k €38 k €3,3 k €-6,9 k €1,6 k €-750 €-6,1 k €880 €6,3 k €-28,1 k €20,3 k €5,8 k €8,4 k €427 €
Net result257,8 €9,2 k €9,5 k €11,2 k €-32 k €11,4 k €14,8 k €32,7 k €2,1 k €-7 k €1,4 k €-945 €-6,4 k €785 €6,2 k €-35,4 k €18,2 k €3 k €6,7 k €-2,7 k €
Balance sheet
Equity42 k €41,8 k €34,3 k €26,5 k €16,9 k €48,9 k €39,1 k €38,8 k €6,9 k €4,8 k €11,8 k €10,4 k €11,3 k €17,7 k €16,9 k €10,6 k €46 k €27,8 k €24,8 k €18,1 k €
Total assets87,2 k €77,4 k €113,5 k €67,7 k €42 k €67,3 k €76,1 k €55,5 k €24,2 k €18,1 k €26,5 k €20,6 k €21,5 k €27,9 k €30,5 k €23,4 k €61,7 k €42,3 k €47,5 k €45,5 k €
Cash5,9 k €2,8 k €12,5 k €36,4 k €29,2 k €37,7 k €41,9 k €26 k €10 k €4,1 k €2,8 k €2,2 k €5,2 k €11,8 k €16,1 k €21 k €6,8 k €283 €3,7 k €–
Debts45,2 k €35,2 k €78,8 k €41,3 k €24,8 k €18,5 k €37 k €16,6 k €17,3 k €13,3 k €14,7 k €10,2 k €10,2 k €10,3 k €13,6 k €12,8 k €15,8 k €14,6 k €22,7 k €27,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

RIK JOHAN VEREECKEN

Director · since 22 juin 1995

Active

Ended mandates

Rik VEREECKEN

Manager · since 01 janvier 2016 · until 31 décembre 2016

Ended
Rik VEREECKEN

Manager · since 01 janvier 2015 · until 31 décembre 2015

Ended
Rik VEREECKEN

Manager · since 01 janvier 2014 · until 31 décembre 2014

Ended
Rik VEREECKEN

Manager · since 01 janvier 2013 · until 31 décembre 2013

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/07/202625/08/202504/07/202431/08/202311/07/202209/07/2021
General meeting13/07/202622/08/202528/06/202431/07/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202513/07/202614/07/2026DutchPDF
Micro model31/12/202422/08/202525/08/2025DutchPDF
Micro model31/12/202328/06/202404/07/2024DutchPDF
Micro model31/12/202231/07/202331/08/2023DutchPDF
Micro model31/12/202130/06/202211/07/2022DutchPDF
Micro model31/12/202030/06/202109/07/2021DutchPDF
Micro model31/12/201929/05/202001/07/2020DutchPDF
Micro model31/12/201831/05/201927/06/2019DutchPDF
Micro model31/12/201730/06/201830/07/2018DutchPDF
Abridged model31/12/201624/02/201724/02/2017DutchPDF
Abridged model31/12/201524/05/201615/09/2016DutchPDF
Abridged model31/12/201411/06/201512/06/2015DutchPDF
Abridged model31/12/201312/09/201429/09/2014DutchPDF
Abridged model31/12/201224/07/201326/07/2013DutchPDF
Abridged model31/07/201128/08/201224/07/2013DutchPDF
Abridged model31/12/201010/09/201122/09/2011DutchPDF
Abridged model31/12/200914/08/201017/08/2010DutchPDF
Abridged model31/12/200808/09/200921/09/2009DutchPDF
Abridged model31/12/200730/08/200801/09/2008DutchPDF
Abridged model31/12/200619/09/200704/10/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

RIK JOHAN VEREECKEN

Director · since 22 juin 1995

Active

Ended mandates

Rik VEREECKEN

Manager · since 01 janvier 2016 · until 31 décembre 2016

Ended
Rik VEREECKEN

Manager · since 01 janvier 2015 · until 31 décembre 2015

Ended
Rik VEREECKEN

Manager · since 01 janvier 2014 · until 31 décembre 2014

Ended
Rik VEREECKEN

Manager · since 01 janvier 2013 · until 31 décembre 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/04/2021
    WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025257,8 €↓
  2. 2024
    Annual accounts 20249,2 k €↓
  3. 2023
    Annual accounts 20239,5 k €↓
  4. 2022
    Annual accounts 202211,2 k €↑
  5. 2021
    Annual accounts 2021-32 k €↓
  6. 2020
    Annual accounts 202011,4 k €↓
  7. 2019
    Annual accounts 201914,8 k €↓
  8. 2018
    Annual accounts 201832,7 k €↑
  9. 2017
    Annual accounts 20172,1 k €↑
  10. 2016
    Annual accounts 2016-7 k €↓
  11. 2015
    Annual accounts 20151,4 k €↑
  12. 2014
    Annual accounts 2014-945 €↑
  13. 2013
    Annual accounts 2013-6,4 k €↓
  14. 2012
    Annual accounts 2012785 €↓
  15. 2011
    Annual accounts 20116,2 k €↑
  16. 2010
    Annual accounts 2010-35,4 k €↓
  17. 2009
    Annual accounts 200918,2 k €↑
  18. 2008
    Annual accounts 20083 k €↓
  19. 2007
    Annual accounts 20076,7 k €↑
  20. 2006
    Annual accounts 2006-2,7 k €
  21. 22/06/1995
    IncorporationPrivate limited company