Financials
Financial year 2025
Borgerstein from Sint-Katelijne-Waver, company number BE0413895535, closed financial year 2025 with a result of € 539,219 after tax. For that financial year Borgerstein recorded revenue of € 14.7 million and equity of € 38.5 million. Compared with financial year 2024, the result moved from € 686,170 to € 539,219. 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 21, 2026.
€ 38.5 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 539,219
▼ 21% vs 2024
Profit after tax over the fiscal year.
€ 4.6 million
▲ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
548.1
▲ 5.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 34.4 million
▲ 5% vs 2024
€ 62,800 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.
€ 663,936
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20.9 million
▼ 11% vs 2024
€ 1.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 850,120
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.
€ 5.6 million
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,285,755 | € 10,538,942 | € 14,520,891 | € 14,704,588 | ▲ 1% |
| Profit after taxes | € 4,420,664 | € 275,949 | € 686,170 | € 539,219 | ▼ 21% |
| Equity | € 37,228,893 | € 37,686,672 | € 38,182,019 | € 38,483,521 | ▲ 1% |
| Total debts | € 36,040,358 | € 32,101,298 | € 29,852,242 | € 28,336,920 | ▼ 5% |
| Cash | € 2,412,704 | € 1,690,124 | € 3,069,456 | € 4,555,461 | ▲ 48% |
| Land & buildings | € 53,032,068 | € 50,517,772 | € 47,987,859 | € 45,515,480 | ▼ 5% |
| Retained profit | € 29,665,263 | € 29,941,212 | € 30,627,382 | € 31,166,601 | ▲ 2% |
| Bank debt | € 27,514,915 | € 25,527,534 | € 23,441,551 | € 20,920,077 | ▼ 11% |
| Balance sheet total | € 73,269,251 | € 69,787,970 | € 68,114,261 | € 66,878,441 | ▼ 2% |
| Employees (FTE) | 547.5 | 542.2 | 542.2 | 548.1 | ▲ 5.9 |
Key figures of Borgerstein, 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 Borgerstein?
What happened at Borgerstein in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 539,219 (▼ 21% vs 2024). Source: NBB ↗
- Walter BUIJS stepped down as director. NBB
- Annemie WITTEMANS became a director. NBB
- Geert MILH became a director. NBB
- Linda CAMBRE became a director. NBB
- Nora NYS became a director. NBB
- Gunter NAETS became a director. NBB
- New establishment in Sint-Katelijne-Waver. KBO
In short
From € 4.4 million profit in 2022 to € 539,219 profit in 2025.
Best year ever: 2022, with € 4.4 million profit.
Pays suppliers within 55 days on average.
Management
Behind Borgerstein are Jan GYSEN, Nils VANSTAPPEN, Annemie WITTEMANS, Geert MILH, Linda CAMBRE and Diederik VANSTAPPEN. Annemie WITTEMANS is also behind Stichting Borgerstein.
Directors
According to the 2025 annual accounts
Jan GYSEN
Vice-chairman of the board
Nils VANSTAPPEN
Director
since 2025
Geert MILH
Managing director
since 2023
Linda CAMBRE
Director
since 2018
Diederik VANSTAPPEN
Chairman of the board
Michel JENNE
Director
Nora NYS
Director
since 2018
Koen VAN DER DOOD
Director
Gunter NAETS
Director
Also active at: Schoolbestuur Sint-Paulus, Centrum voor Geestelijke Gezondheidszorg De Pont
since 2018
Elke DE SCHUTTER
Director
· until 2026
Establishments
Establishment units
Physical locations of this company
Kapelweg 7
2860 Sint-Katelijne-Waver
Kapelweg 9
2860 Sint-Katelijne-Waver
Active since 1 December 2015
Kempenarestraat 57
2860 Sint-Katelijne-Waver
Active since 1 January 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.895.535
- VAT number
- BE 0413.895.535
- Registered office
- Kapelweg 7, 2860 Sint-Katelijne-Waver
- Names & denominations
- Borgerstein
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 28 December 1973
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Instellingen met huisvesting voor volwassenen met een mentale handicap
Instituten voor gehandicapte volwassenen
Beschutte en sociale werkplaatsen
Landschapsverzorging
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen