Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 12.2 to 6.5.
Financials
Financial year 2025
De Biest from Kruisem, company number BE0417143748, closed financial year 2025 with a result of € 5.8 million after tax. For that financial year De Biest recorded revenue of € 48 million and equity of € 17.9 million. Compared with financial year 2024, the result moved from € 5.2 million to € 5.8 million. 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 29, 2026.
€ 17.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.8 million
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 4.9 million
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5.7 million paid out
99 % of the profit went to the shareholders, mostly to ORION PR (100 % of the shares). That is where the money ends up.
People and assets in 2025
6.5
▼ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 506,037
▼ 22% vs 2024
€ 77,900 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.
€ 34,135
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 428,101
▼ 34% vs 2024
€ 221,666 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 8.5 million
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 77 days on average.
€ 395,293
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 47,203,904 | € 51,377,833 | € 45,410,047 | € 47,959,385 | ▲ 6% |
| Profit after taxes | € 2,246,047 | € 2,502,091 | € 5,160,337 | € 5,768,841 | ▲ 12% |
| Equity | € 10,205,414 | € 12,707,505 | € 17,867,842 | € 17,936,684 | |
| Total debts | € 9,737,098 | € 6,255,471 | € 7,207,100 | € 15,538,173 | ▲ 116% |
| Cash | € 4,357,198 | € 2,141,095 | € 4,944,835 | € 4,882,176 | ▼ 1% |
| Land & buildings | € 852,889 | € 682,137 | € 129,533 | € 118,081 | ▼ 9% |
| Retained profit | € 10,030,414 | € 12,532,505 | € 17,692,842 | € 17,761,684 | |
| Dividend | € 0 | € 0 | € 0 | € 5,700,000 | |
| Bank debt | € 1,071,551 | € 860,600 | € 646,136 | € 428,101 | ▼ 34% |
| Balance sheet total | € 19,942,512 | € 18,962,976 | € 25,074,942 | € 33,474,857 | ▲ 33% |
| Employees (FTE) | 13.4 | 12.2 | 10 | 6.5 | ▼ 3.5 |
Key figures of De Biest, 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 De Biest?
What happened at De Biest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5.8 million (▲ 12% vs 2024). Source: NBB ↗
- ORION PR NV stepped down as director. NBB
- Roseline Ragolle stepped down as director. NBB
- ORION PR NV became a director. NBB
- Roseline Ragolle became a director. NBB
- New establishment in Lichtervelde. KBO
- New establishment in Kruisem. KBO
- New establishment in Aalter. KBO
In short
From € 2.2 million profit in 2022 to € 5.8 million profit in 2025.
Paid € 5 million in corporate taxes since 2022.
Best year ever: 2025, with € 5.8 million profit.
Paid out € 5.7 million in dividends to the owners in total.
Management
The stake of ORION PR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
De BiestThe shares are held by ORION PR (100%).
Directors
According to the 2025 annual accounts
Director · represented by Patrick Van Rijckeghem
Also active at: RAGOLLE, DEBIFIN, PARK ROOSEVELT
since 2020 · until 2026
Roseline Ragolle
Director
Also active at: RAGOLLE, DEBIFIN, Elveba, PARK ROOSEVELT, ORION PR, DISA-TRANS, MARYLO II
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waregemsesteenweg(KRU) 186
9770 Kruisem
Wageweg 3
9880 Aalter
Active since 22 October 2012
Deinse Baan 12
9750 Kruisem
Active since 20 February 2013
Houtstraat 81
9870 Zulte
Active since 12 May 1977
Kleine Zwevezelestraat 2
8810 Lichtervelde
Active since 1 October 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →DEBIFIN same network
€ 485,290 gross margin · 2025
Elveba same network
€ 163,345 gross margin · 2025
CEMADE
CEMAPA
SUPHORA
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.143.748
- VAT number
- BE 0417.143.748
- Registered office
- Waregemsesteenweg(KRU) 186, 9770 Kruisem
- Names & denominations
- De Biest
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 1977
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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