Financials
Financial year 2025
Firma Vangroenweghe from Izegem, company number BE0413150615, closed financial year 2025 with a result of € 440 after tax. For that financial year Firma Vangroenweghe recorded a gross margin of € 9,654 and equity of € 140,969. Compared with financial year 2024, the result moved from € -6,638 to € 440. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 140,969
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 440
▲ still € 6,638 loss in 2024
Profit after tax over the fiscal year.
€ 90,295
▲ 270% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9,154 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 101
▼ 76% 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.
€ 11,878
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,810
▲ € 2,227 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 85
▼ 92% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,435 | € 45,868 | € -673 | € 9,654 | ▲ € 10,327 |
| Profit after taxes | € 10,069 | € 27,272 | € -6,638 | € 440 | ▲ € 7,078 |
| Equity | € 164,001 | € 160,656 | € 149,683 | € 140,969 | ▼ 6% |
| Total debts | € 22,083 | € 14,540 | € 3,508 | € 13,788 | ▲ 293% |
| Cash | € 9,477 | € 19,636 | € 24,376 | € 90,295 | ▲ 270% |
| Retained profit | € 145,409 | € 142,064 | € 131,091 | € 122,377 | ▼ 7% |
| Dividend | € 0 | € 30,617 | € 4,335 | € 9,154 | ▲ 111% |
| Balance sheet total | € 186,085 | € 175,196 | € 153,191 | € 154,757 | ▲ 1% |
Key figures of Firma Vangroenweghe, 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 Firma Vangroenweghe?
What happened at Firma Vangroenweghe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 440. Source: NBB ↗
- Tim Vangroenweghe became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,069 profit in 2022 to € 440 profit in 2025.
Paid € 15,496 in corporate taxes since 2022.
Best year ever: 2023, with € 27,272 profit.
Paid out € 44,106 in dividends to the owners in total.
Management
Behind Firma Vangroenweghe are Carol Jean-Pierre Vangroenweghe and Tim Vangroenweghe.
Directors
According to the 2025 annual accounts
Carol Jean-Pierre Vangroenweghe
Director
Tim Vangroenweghe
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Kortrijksestraat 157
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.150.615
- VAT number
- BE 0413.150.615
- Registered office
- Kortrijksestraat 157, 8870 Izegem
- Names & denominations
- Firma Vangroenweghe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1973
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
Vervaardiging van ander schrijn- en timmerwerk
Vervaardiging van schrijn- en timmerwerk
Vervaardiging van keukenmeubelen