Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Schrijnwerkerij DE GAVER Van Assche Jozef from Waregem, company number BE0415105263, closed financial year 2025 with a result of € 23,502 after tax. For that financial year Schrijnwerkerij DE GAVER Van Assche Jozef recorded a gross margin of € 138,470 and equity of € -14,045. Compared with financial year 2024, the result moved from € -5,655 to € 23,502. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -14,045
▲ € 23,502 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,502
▲ still € 5,655 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -32,637.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 72,699
▲ 18% 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.
€ 7,395
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 39,217
▼ 25% vs 2024
€ 4,451 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 40,278
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,163
▲ 233% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 80,309 | € 105,424 | € 80,589 | € 138,470 | ▲ 72% |
| Profit after taxes | € -6,507 | € 12,768 | € -5,655 | € 23,502 | ▲ € 29,157 |
| Equity | € -44,661 | € -31,893 | € -37,548 | € -14,045 | ▲ € 23,502 |
| Total debts | € 158,106 | € 112,317 | € 124,167 | € 114,725 | ▼ 8% |
| Cash | € 1,445 | € 0 | - | - | |
| Retained profit | € -63,253 | € -50,485 | € -56,140 | € -32,637 | ▲ € 23,502 |
| Bank debt | € 67,916 | € 62,944 | € 52,237 | € 39,217 | ▼ 25% |
| Balance sheet total | € 113,445 | € 80,424 | € 86,620 | € 100,680 | ▲ 16% |
Key figures of Schrijnwerkerij DE GAVER Van Assche Jozef, 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 Schrijnwerkerij DE GAVER Van Assche Jozef?
What happened at Schrijnwerkerij DE GAVER Van Assche Jozef in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,502. filed late Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,507 loss in 2022 to € 23,502 profit in 2025.
Paid € 10,676 in corporate taxes since 2022.
Best year ever: 2025, with € 23,502 profit.
Management
Behind Schrijnwerkerij DE GAVER Van Assche Jozef is Geoffrey Van Assche.
Directors
According to the 2025 annual accounts
Geoffrey Van Assche
Director
Establishments
Establishment units
Physical locations of this company
Drogenboomstraat 22
8790 Waregem
Guido Gezellestraat 15
8790 Waregem
Active since 1 January 1975
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.105.263
- VAT number
- BE 0415.105.263
- Registered office
- Drogenboomstraat 22, 8790 Waregem
- Names & denominations
- Schrijnwerkerij DE GAVER Van Assche Jozef
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1975
- Peppol
- Active · Active since 23 Jul 2025
- Activities · NACE
Schrijnwerk van hout of van kunststof
Schrijnwerk