Financials
Financial year 2025
't Gulden Vlies from Herenthout, company number BE0412607415, closed financial year 2025 with a result of € 170,172 after tax. For that financial year 't Gulden Vlies recorded a gross margin of € 837,400 and equity of € 969,274. Compared with financial year 2024, the result moved from € 147,398 to € 170,172. 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 1, 2026.
€ 969,274
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 170,172
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 183,352
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5,988 paid out
4 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 548,558
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24,036
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 29,116
▼ 34% vs 2024
€ 15,638 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4,649
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,537
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 700,437 | € 797,886 | € 778,541 | € 837,400 | ▲ 8% |
| Profit after taxes | € 159,780 | € 175,535 | € 147,398 | € 170,172 | ▲ 15% |
| Equity | € 510,988 | € 663,946 | € 805,090 | € 969,274 | ▲ 20% |
| Total debts | € 191,272 | € 181,053 | € 156,848 | € 99,561 | ▼ 37% |
| Cash | € 530,972 | € 598,478 | € 854,113 | € 183,352 | ▼ 79% |
| Land & buildings | € 15,402 | € 18,369 | € 16,150 | € 12,466 | ▼ 23% |
| Retained profit | € 483,720 | € 636,678 | € 777,821 | € 942,006 | ▲ 21% |
| Dividend | € 0 | € 6,619 | € 6,255 | € 5,988 | ▼ 4% |
| Bank debt | € 72,716 | € 58,715 | € 44,188 | € 29,116 | ▼ 34% |
| Balance sheet total | € 702,260 | € 844,999 | € 961,937 | € 1,068,835 | ▲ 11% |
| Employees (FTE) | 10.9 | 10.2 | - | - |
Key figures of 't Gulden Vlies, 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 't Gulden Vlies?
What happened at 't Gulden Vlies in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 170,172 (▲ 15% vs 2024). Source: NBB ↗
- New establishment in Herenthout. KBO
- Start of the company according to the CBE. KBO
In short
From € 159,780 profit in 2022 to € 170,172 profit in 2025.
Paid € 224,257 in corporate taxes since 2022.
Best year ever: 2023, with € 175,535 profit.
On average € 78,200 of value added per employee in 2023.
Management
Behind 't Gulden Vlies is Jochem Van Reeth.
Directors
According to the 2025 annual accounts
Jochem Van Reeth
Director
Establishments
Establishment units
Physical locations of this company
Niemandshoek 12
2270 Herenthout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.607.415
- VAT number
- BE 0412.607.415
- Registered office
- Niemandshoek 12, 2270 Herenthout
- Names & denominations
- 't Gulden Vlies
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1972
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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