Financials
Financial year 2025
BELGIAN GREETINGS from Sint-Niklaas, company number BE0413122010, closed financial year 2025 with a result of € 348,603 after tax. For that financial year BELGIAN GREETINGS recorded a gross margin of € 1.2 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 1.3 million to € 348,603. 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 May 7, 2026.
€ 3.7 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 348,603
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 2.3 million
▼ 10% 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 € 2.1 million.
People and assets in 2025
9.5
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 616,772
▲ 7% vs 2024
€ 64,900 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.
€ 52,648
▲ 155% vs 2024
Of which on lease € 31,658.
Debts at end 2025
€ 2.2 million
▼ 9% vs 2024
€ 7,035 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 110,852
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 293,698
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,035,703 | € 1,201,068 | € 2,179,010 | € 1,239,772 | ▼ 43% |
| Profit after taxes | € 331,768 | € 313,211 | € 1,285,472 | € 348,603 | ▼ 73% |
| Equity | € 1,710,771 | € 2,023,982 | € 3,309,454 | € 3,658,057 | ▲ 11% |
| Total debts | € 3,936,761 | € 4,112,936 | € 3,684,293 | € 3,179,763 | ▼ 14% |
| Cash | € 1,422,284 | € 1,911,955 | € 2,550,651 | € 2,295,279 | ▼ 10% |
| Retained profit | € 192,179 | € 505,390 | € 1,790,862 | € 2,139,465 | ▲ 19% |
| Bank debt | € 2,383,176 | € 2,971,118 | € 2,405,827 | € 2,181,932 | ▼ 9% |
| Balance sheet total | € 5,647,532 | € 6,136,918 | € 6,993,747 | € 6,837,820 | ▼ 2% |
| Employees (FTE) | 10.2 | 9.8 | 9 | 9.5 | ▲ 0.5 |
Key figures of BELGIAN GREETINGS, 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 BELGIAN GREETINGS?
What happened at BELGIAN GREETINGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 348,603 (▼ 73% vs 2024). Source: NBB ↗
- Five Aces BV became a director. NBB
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 331,768 profit in 2022 to € 348,603 profit in 2025.
Paid € 628,948 in corporate taxes since 2022.
Best year ever: 2024, with € 1.3 million profit.
On average € 130,500 of value added per employee in 2025.
Management
The stake of Five Aces comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELGIAN GREETINGSBehind BELGIAN GREETINGS is Five Aces BV. The shares are held by Five Aces (100%).
Directors
According to the 2025 annual accounts
Director · represented by Paul Borms
since 2012
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriepark-West 57
9100 Sint-Niklaas
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
GANDI-AS Domain name registrar - www.gandi.net, FR
Domain
Domain
belgiangreetings.com
Registered
2012-12-18
Registrar
Key-Systems GmbH
Expires
2026-12-18
Website info
Features
Security
Details
- Company number
- 0413.122.010
- VAT number
- BE 0413.122.010
- Registered office
- Industriepark-West 57, 9100 Sint-Niklaas
- Names & denominations
- BELGIAN GREETINGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1973
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- belgiangreetings.com
- Activities · NACE
Groothandel in kantoor- en schoolbenodigdheden
Activiteiten van verpakkingsbedrijven
Verpakkingsbedrijven
Handelsbemiddeling in de niet-gespecialiseerde groothandel