Active · per the CBE, 16 September 2026

Royal Latem Golf Club

BE0411084911

Rechtspersoon Non-profit association 1 establishment

Royal Latem Golf Club is a sports facility in Sint-Martens-Latem. Non-profit, started on 4 November 1967, 1 establishment.

Latemstraat 120, 9830 Sint-Martens-Latem

Active for

58 year, 10 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Figures corrected NBB

    Corrected annual account filed for 2024.

Financials

Financial year 2025

Royal Latem Golf Club from Sint-Martens-Latem, company number BE0411084911, closed financial year 2025 with a result of € 71,255 after tax. For that financial year Royal Latem Golf Club recorded a gross margin of € 1.3 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 21,767 to € 71,255. 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 April 8, 2026.

What it is worth Growing

€ 2.4 million

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 71,255

▲ 227% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 620,373

▼ 47% vs 2024

Cash and bank balances on the last day of the fiscal year.

People and assets in 2025

Full-time equivalents

12.9

▲ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 911,348

▲ 2% vs 2024

€ 70,600 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.

Vehicles and equipment

€ 241,077

▼ 21% vs 2024

Of which on lease € 223,913.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 220,406

▼ 33% vs 2024

€ 74,575 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 46,514

▼ 75% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 37,295

▲ 22% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,057,559 € 1,232,460 € 1,214,843 € 1,280,665 ▲ 5%
Profit after taxes € -165,070 € 3,755 € 21,767 € 71,255 ▲ 227%
Equity € 2,320,802 € 2,324,557 € 2,346,324 € 2,417,578 ▲ 3%
Total debts € 173,126 € 408,393 € 628,583 € 411,393 ▼ 35%
Cash € 946 € 1,637,142 € 1,173,802 € 620,373 ▼ 47%
Land & buildings € 299,089 € 260,284 € 689,017 € 662,717 ▼ 4%
Retained profit € 959,997 € 963,752 € 985,519 € 1,056,773 ▲ 7%
Bank debt € 0 € 84,722 € 330,541 € 220,406 ▼ 33%
Balance sheet total € 2,903,928 € 3,095,950 € 3,322,441 € 3,140,083 ▼ 5%
Employees (FTE) 11.9 11.6 12.2 12.9 ▲ 0.7

Key figures of Royal Latem Golf Club, 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 Royal Latem Golf Club?

What happened at Royal Latem Golf Club in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 71,255 (▲ 227% vs 2024). Source: NBB ↗
  • New establishment in Sint-Martens-Latem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 165,070 loss in 2022 to € 71,255 profit in 2025.

Best year ever: 2025, with € 71,255 profit.

On average € 99,300 of value added per employee in 2025.

Establishments

Establishment units

Physical locations of this company

Registered office

Latemstraat 120

9830 Sint-Martens-Latem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0411.084.911
VAT number
BE 0411.084.911
Registered office
Latemstraat 120, 9830 Sint-Martens-Latem
Names & denominations
Royal Latem Golf Club
Enterprise type
Rechtspersoon
Legal form
Non-profit association
Legal situation
Normale toestand
Start date
4 November 1967
Peppol
Active · Active since 27 Mar 2025
Activities · NACE

Exploitatie van sportaccommodaties

Exploitatie van overige sportinstallaties en -accomodaties

Frequently asked questions

What does Royal Latem Golf Club do?
Royal Latem Golf Club is a sports facility in Sint-Martens-Latem. Non-profit, started on 4 November 1967, 1 establishment.
What is the address of Royal Latem Golf Club?
The registered office of Royal Latem Golf Club is located at Latemstraat 120, 9830 Sint-Martens-Latem.
Is Royal Latem Golf Club still active?
Yes. According to the CBE (16 September 2026) Royal Latem Golf Club is active, legal situation “Normale toestand”, started on 4 November 1967.
Is Royal Latem Golf Club registered on Peppol?
Yes, Royal Latem Golf Club is registered on the Peppol network with ID 0208:0411084911.
What is the enterprise number of Royal Latem Golf Club?
The enterprise number of Royal Latem Golf Club is BE0411084911.
When was Royal Latem Golf Club founded?
Royal Latem Golf Club was founded on 4 November 1967.