Financials
Financial year 2025
BOUWMATERIALEN MODDE from Kortrijk, company number BE0406783158, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year BOUWMATERIALEN MODDE recorded revenue of € 69.5 million and equity of € 12 million. Compared with financial year 2024, the result moved from € 1.1 million to € 1.3 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 12 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 132,585
▲ 157% 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 € 11.5 million.
People and assets in 2025
78.1
▲ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.9 million
▲ 8% vs 2024
€ 75,900 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.
€ 1.7 million
▼ 25% vs 2024
Of which on lease € 1.6 million.
Debts at end 2025
€ 7.1 million
▲ 3% vs 2024
€ 1.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 7.6 million
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 46 days on average.
€ 987,818
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 65,364,769 | € 64,519,389 | € 66,928,118 | € 69,540,423 | ▲ 4% |
| Profit after taxes | € 1,157,577 | € 934,262 | € 1,060,120 | € 1,271,759 | ▲ 20% |
| Equity | € 8,739,091 | € 9,723,595 | € 10,766,349 | € 12,020,741 | ▲ 12% |
| Total debts | € 24,641,521 | € 23,013,669 | € 25,172,874 | € 25,695,463 | ▲ 2% |
| Cash | € 580,546 | € 108,411 | € 51,640 | € 132,585 | ▲ 157% |
| Land & buildings | € 2,421,736 | € 2,212,863 | € 2,278,538 | € 2,208,631 | ▼ 3% |
| Retained profit | € 8,267,098 | € 9,201,360 | € 10,261,480 | € 11,533,239 | ▲ 12% |
| Bank debt | € 10,091,270 | € 6,801,830 | € 6,934,341 | € 7,133,489 | ▲ 3% |
| Balance sheet total | € 33,394,269 | € 32,750,921 | € 35,951,096 | € 37,725,346 | ▲ 5% |
| Employees (FTE) | 68.7 | 76.5 | 74.6 | 78.1 | ▲ 3.5 |
Key figures of BOUWMATERIALEN MODDE, 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 BOUWMATERIALEN MODDE?
What happened at BOUWMATERIALEN MODDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 20% vs 2024). Source: NBB ↗
- V-mat BV became a director. NBB
- Vemod BV became a director. NBB
- New establishment in Aalst. KBO
- New establishment in Nivelles. KBO
- New establishment in Oostkamp. KBO
- New establishment in Frameries. KBO
- New establishment in Tournai. KBO
In short
From € 1.2 million profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
Pays suppliers within 46 days on average.
Management
The stake of VEMOD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BOUWMATERIALEN MODDEBehind BOUWMATERIALEN MODDE are V-mat BV and Vemod BV. The shares are held by VEMOD (99.9%).
Establishments
Establishment units
Physical locations of this company
Industrielaan(Heu) 8A
8501 Kortrijk
Industrielaan(Heu) 8 A
8501 Kortrijk
Active since 1 September 1969
Hundelgemsesteenweg 1224
9820 Merelbeke-Melle
Active since 6 June 2005
Rue de l'Ancienne Potence(OR) 12
7501 Tournai
Active since 25 July 2012
Avenue des Amériques 1
7080 Frameries
Active since 22 August 2016
Siemenslaan 7
8020 Oostkamp
Active since 2 September 2019
Rue de l'Industrie 30
1400 Nivelles
Active since 1 April 2022
Ninovesteenweg 188
9320 Aalst
Active since 30 November 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0406.783.158
- VAT number
- BE 0406.783.158
- Registered office
- Industrielaan(Heu) 8A, 8501 Kortrijk
- Names & denominations
- BOUWMATERIALEN MODDE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1969
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Vervaardiging van metalen constructiewerken en delen daarvan
Schrijnwerk
Niet-gespecialiseerde groothandel
Activiteiten van hoofdkantoren
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden