Financials
Financial year 2025
Tuinwijk from Lokeren, company number BE0400180131, closed financial year 2025 with a result of € 146,202 after tax. For that financial year Tuinwijk recorded revenue of € 9.8 million and equity of € 39.8 million. Compared with financial year 2024, the result moved from € 236,802 to € 146,202. 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 June 5, 2026.
€ 39.8 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 146,202
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 11.4 million
▼ 8% 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 € 32.8 million.
People and assets in 2025
22.1
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 8% vs 2024
€ 93,200 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.
€ 140,921
▲ 119% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 95.6 million
▲ 20% vs 2024
€ 3.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 28 years.
€ 1.9 million
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 190 days on average.
€ 922,186
▲ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,080,701 | € 7,342,067 | € 9,025,538 | € 9,753,652 | ▲ 8% |
| Profit after taxes | € 654,756 | € -50,493 | € 236,802 | € 146,202 | ▼ 38% |
| Equity | € 30,551,532 | € 33,409,569 | € 38,776,202 | € 39,835,070 | ▲ 3% |
| Total debts | € 65,378,951 | € 69,405,130 | € 84,897,408 | € 101,011,739 | ▲ 19% |
| Cash | € 13,226,538 | € 13,191,910 | € 12,462,949 | € 11,439,865 | ▼ 8% |
| Land & buildings | € 78,793,740 | € 80,265,026 | € 98,001,377 | € 105,008,926 | ▲ 7% |
| Retained profit | € 25,363,899 | € 28,271,126 | € 32,594,307 | € 32,827,795 | ▲ 1% |
| Bank debt | € 62,494,917 | € 64,855,542 | € 79,841,229 | € 95,609,598 | ▲ 20% |
| Balance sheet total | € 96,717,508 | € 103,506,347 | € 124,233,225 | € 141,432,993 | ▲ 14% |
| Employees (FTE) | 18.1 | 20.6 | 22.5 | 22.1 | ▼ 0.4 |
Key figures of Tuinwijk, 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 Tuinwijk?
What happened at Tuinwijk in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FILIP LIEBAUT stepped down as director. NBB
- JOHAN VAN HAVERMAET stepped down as director. NBB
- GUY VAN DE VELDE stepped down as director. NBB
- GIEL VERHELST stepped down as director. NBB
- JURGEN BAUWENS stepped down as director. NBB
- INGE MERTENS stepped down as director. NBB
- ISABELLE VAN DE VELDE stepped down as director. NBB
- ILSE POPPE stepped down as director. NBB
In short
From € 654,756 profit in 2022 to € 146,202 profit in 2025.
Paid € 35,706 in corporate taxes since 2022.
Best year ever: 2022, with € 654,756 profit.
Pays suppliers within 190 days on average.
Management
Directors
According to the 2025 annual accounts
FILIP LIEBAUT
Director
since 2025 · until 2031
JOHAN VAN HAVERMAET
Chairman of the board
since 2025 · until 2031
GUY VAN DE VELDE
Director
since 2025 · until 2031
GIEL VERHELST
Director
Also active at: Centrum voor Informatica – Oplossingen – Ondersteuning – Overheid
since 2025 · until 2031
LUC VAN DE VELDE
Director
since 2023 · until 2028
JURGEN BAUWENS
Director
Also active at: Intergemeentelijk Samenwerkingsverband van het Land van Waas, Maatschappij voor het haven-, grond- en industrialisatiebeleid van het Linkerscheldeoevergebied, Bosgroep Oost-Vlaanderen Noord
since 2025 · until 2031
since 2025 · until 2031
ISABELLE VAN DE VELDE
Director
since 2025 · until 2031
ILSE POPPE
Director
since 2025 · until 2031
CHARLOTTE FRUYTIER
Director
since 2025 · until 2031
MARIJKE DUYCK
Vice-chairman of the board
since 2025 · until 2031
SAM VAN DEN BROECK
Director
since 2025 · until 2031
DOMINIQUE ROELANDT
Director
since 2025 · until 2031
ARNE COOLS
Director
since 2025 · until 2031
ANNICK MAES
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Meersstraat 8
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.180.131
- VAT number
- BE 0400.180.131
- Registered office
- Meersstraat 8, 9160 Lokeren
- Names & denominations
- Tuinwijk
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1928
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Verhuur van sociale woningen
Verhuur en exploitatie van sociale woningen
Handel in eigen onroerend goed
Handel in onroerend goed