Financials
Financial year 2025
EGALO from Lebbeke, company number BE0400276339, closed financial year 2025 with a result of € 1 million after tax. For that financial year EGALO recorded a gross margin of € 3.3 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 851,440 to € 1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 2.8 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 708,893
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
48 % of the profit went to the shareholders, mostly to AVERIN (100 % of the shares). That is where the money ends up.
People and assets in 2025
27.2
▲ 4.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 11% vs 2024
€ 60,100 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.
€ 452,558
▲ 27% vs 2024
Of which on lease € 28,621.
Debts at end 2025
€ 1.2 million
▼ 1% vs 2024
€ 228,445 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 964,485
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 185,253
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,540,256 | € 2,773,528 | € 2,839,912 | € 3,261,410 | ▲ 15% |
| Profit after taxes | € 1,154,538 | € 1,248,241 | € 851,440 | € 1,033,161 | ▲ 21% |
| Equity | € 1,546,941 | € 1,977,279 | € 2,308,719 | € 2,821,880 | ▲ 22% |
| Total debts | € 2,222,451 | € 2,271,916 | € 3,068,341 | € 3,900,111 | ▲ 27% |
| Cash | € 815,593 | € 555,667 | € 728,484 | € 708,893 | ▼ 3% |
| Land & buildings | € 259,967 | € 241,140 | € 222,312 | € 203,484 | ▼ 8% |
| Retained profit | € 1,509,441 | € 1,939,779 | € 2,271,219 | € 2,784,380 | ▲ 23% |
| Dividend | € 970,000 | € 800,000 | € 500,000 | € 500,000 | |
| Bank debt | € 837,107 | € 764,979 | € 1,260,187 | € 1,244,391 | ▼ 1% |
| Balance sheet total | € 3,769,391 | € 4,249,195 | € 5,377,060 | € 6,721,992 | ▲ 25% |
| Employees (FTE) | 17.8 | 19.2 | 22.7 | 27.2 | ▲ 4.5 |
Key figures of EGALO, 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 EGALO?
What happened at EGALO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▲ 21% vs 2024). Source: NBB ↗
- VERBO INVESTMENT BV became a director. NBB
- FABILEUX NV became a director. NBB
- AVERIN BV became a director. NBB
- New establishment in Lebbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2022 to € 1 million profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.2 million profit.
On average € 119,900 of value added per employee in 2025.
Management
The stake of AVERIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EGALOBehind EGALO are VERBO INVESTMENT BV, AVERIN BV and FABILEUX NV. The shares are held by AVERIN (100%).
Directors
According to the 2025 annual accounts
Bestuurder · represented by JUSTINE BOUSSAUW
since 2026
Bestuurder · represented by ALEXANDER VERHELST
since 2022
Bestuurder · represented by LAURENT VERHELST
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 294
9280 Lebbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.276.339
- VAT number
- BE 0400.276.339
- Registered office
- Brusselsesteenweg 294, 9280 Lebbeke
- Names & denominations
- EGALO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Schilderen van gebouwen
Schilderen
Overige werkzaamheden in verband met de afwerking van gebouwen
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Stukadoorswerk
Plaatsen van vloerbedekking en wandbekleding van hout
Plaatsen van vloer- en wandtegels