Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TUBOBEL INFRA from Kortenaken, company number BE0400932375, closed financial year 2025 with a result of € 362,928 after tax. For that financial year TUBOBEL INFRA recorded a gross margin of € 399,176 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 1 million to € 362,928. The company is profitable. 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 2, 2026.
€ 1.7 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 362,928
▼ 65% vs 2024
Profit after tax over the fiscal year.
€ 19,528
▼ 85% 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 € 1.2 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 67,130
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,694
▼ 78% 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 | |
|---|---|---|---|---|---|
| Revenue | € 9,038,608 | € 10,285,805 | - | - | |
| Gross margin | - | - | € 2,034,325 | € 399,176 | ▼ 80% |
| Profit after taxes | € 44,178 | € -1,376,782 | € 1,033,375 | € 362,928 | ▼ 65% |
| Equity | € 3,816,019 | € 2,439,237 | € 1,514,164 | € 1,670,842 | ▲ 10% |
| Total debts | € 5,777,564 | € 7,265,845 | € 2,510,073 | € 1,044,621 | ▼ 58% |
| Cash | € 301,843 | € 270,018 | € 126,846 | € 19,528 | ▼ 85% |
| Land & buildings | € 2,896,965 | € 2,918,670 | € 706,250 | € 500,000 | ▼ 29% |
| Retained profit | € 1,142,754 | € -234,028 | € 799,348 | € 1,162,276 | ▲ 45% |
| Bank debt | € 1,092,481 | € 2,436,800 | € 0 | € 0 | |
| Balance sheet total | € 9,671,715 | € 9,782,638 | € 4,096,071 | € 2,787,297 | ▼ 32% |
| Employees (FTE) | 28.6 | 23.8 | 7.2 | - |
Key figures of TUBOBEL INFRA, 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 TUBOBEL INFRA?
What happened at TUBOBEL INFRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LEEV stepped down as director. NBB
- BePe stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 362,928 (▼ 65% vs 2024). Source: NBB ↗
- LEEV became a director. NBB
- BePe became a director. NBB
- New establishment in Kortenaken. KBO
- Start of the company according to the CBE. KBO
- New establishment in Kortenaken. KBO
In short
From € 44,178 profit in 2022 to € 362,928 profit in 2025.
Paid € 43,241 in corporate taxes since 2022.
Best year ever: 2024, with € 1 million profit.
On average € 282,500 of value added per employee in 2024.
A new publication or filing at TUBOBEL INFRA? 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
The stake of TUBOBEL GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TUBOBEL INFRAThe shares are held by TUBOBEL GROUP (99.7%). It owns 19% of Tubobel Aqua itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Shareholders
99.7%
Participations
19%
Establishments
Establishment units
Physical locations of this company
Schoolstraat 6
3470 Kortenaken
Tiensestraat 26
3470 Kortenaken
Active since 1 June 1953
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.932.375
- VAT number
- BE 0400.932.375
- Registered office
- Schoolstraat 6, 3470 Kortenaken
- Names & denominations
- TUBOBEL INFRA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 1952
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Vervaardiging van artikelen van beton voor de bouw
Algemene bouw van residentiële gebouwen
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Bouwen van individuele huizen
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2