Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Meubelen De Graeve from Beernem, company number BE0405177611, closed financial year 2025 with a result of € 401,478 after tax. For that financial year Meubelen De Graeve recorded a gross margin of € 1.7 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 316,314 to € 401,478. 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 May 28, 2026.
€ 1.6 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 401,478
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 366,647
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 125,000 paid out
31 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
14.1
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 7% vs 2024
€ 78,000 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.
€ 22,921
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 290,044
▼ 6% vs 2024
€ 46,842 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 130,942
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 184,167
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,623,389 | € 1,516,371 | € 1,441,903 | € 1,673,870 | ▲ 16% |
| Profit after taxes | € 572,054 | € 370,807 | € 316,314 | € 401,478 | ▲ 27% |
| Equity | € 1,307,941 | € 1,428,748 | € 1,347,378 | € 1,623,856 | ▲ 21% |
| Total debts | € 1,210,408 | € 981,807 | € 1,220,837 | € 1,144,267 | ▼ 6% |
| Cash | € 587,370 | € 150,821 | € 328,584 | € 366,647 | ▲ 12% |
| Land & buildings | € 413,353 | € 408,929 | € 416,511 | € 471,369 | ▲ 13% |
| Retained profit | € 1,245,941 | € 1,366,748 | € 1,285,378 | € 1,561,856 | ▲ 22% |
| Dividend | € 400,000 | € 250,000 | € 397,684 | € 125,000 | ▼ 69% |
| Bank debt | € 317,822 | € 292,773 | € 307,666 | € 290,044 | ▼ 6% |
| Balance sheet total | € 2,518,348 | € 2,410,555 | € 2,568,215 | € 2,768,123 | ▲ 8% |
| Employees (FTE) | 13 | 13.6 | 13.7 | 14.1 | ▲ 0.4 |
Key figures of Meubelen De Graeve, 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 Meubelen De Graeve?
What happened at Meubelen De Graeve in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Danny De Graeve stepped down as director. NBB
- Carlos De Graeve stepped down as director. NBB
- Wouter Van Zeele stepped down as director. NBB
- Nathalie De Graeve stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 401,478 (▲ 27% vs 2024). Source: NBB ↗
- Nathalie De Graeve became a director. NBB
- Wouter Van Zeele became a director. NBB
- New establishment in Beernem. KBO
In short
From € 572,054 profit in 2022 to € 401,478 profit in 2025.
Paid € 656,117 in corporate taxes since 2022.
Best year ever: 2022, with € 572,054 profit.
On average € 118,700 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2022 · until 2029
Carlos De Graeve
Chairman of the board
since 2022 · until 2029
Wouter Van Zeele
Director
since 2023 · until 2029
Nathalie De Graeve
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Bruggestraat 75
8730 Beernem
Bruggestraat 58
8730 Beernem
Active since 26 September 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0405.177.611
- VAT number
- BE 0405.177.611
- Registered office
- Bruggestraat 75, 8730 Beernem
- Names & denominations
- Meubelen De Graeve
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Oct 2025
- Contact
- meubelen-degraeve.be
- Activities · NACE
Detailhandel in huismeubilair
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen
Detailhandel in huismeubilair in gespecialiseerde winkels