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 20.1 to 16.5.
Financials
Financial year 2025
Luxaflex Belgium from Brugge, company number BE0418949037, closed financial year 2025 with a result of € -371,663 after tax. For that financial year Luxaflex Belgium recorded a gross margin of € 1.8 million and equity of € 577,115. Compared with financial year 2024, the result moved from € 164,759 to € -371,663. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.
€ 577,115
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -371,663
▼ still € 164,759 profit in 2024
Profit after tax over the fiscal year.
€ 993,341
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 327,115.
People and assets in 2025
16.5
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 3% vs 2024
€ 105,900 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.
€ 311,392
▼ 6% 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.
€ 1.3 million
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 848,367
▲ 108% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,385,872 | € 2,847,211 | € 2,360,416 | € 1,796,074 | ▼ 24% |
| Profit after taxes | € 948,706 | € 695,035 | € 164,759 | € -371,663 | ▼ € 536,422 |
| Equity | € 588,984 | € 784,019 | € 948,778 | € 577,115 | ▼ 39% |
| Total debts | € 2,473,211 | € 1,763,057 | € 2,706,980 | € 2,391,481 | ▼ 12% |
| Cash | € 1,016,954 | € 1,000,000 | € 1,000,000 | € 993,341 | ▼ 1% |
| Retained profit | € 338,984 | € 534,019 | € 698,778 | € 327,115 | ▼ 53% |
| Dividend | € 900,000 | € 500,000 | € 0 | € 0 | |
| Balance sheet total | € 3,075,727 | € 2,560,608 | € 3,669,289 | € 2,982,128 | ▼ 19% |
| Employees (FTE) | 21.8 | 20.1 | 18.1 | 16.5 | ▼ 1.6 |
Key figures of Luxaflex Belgium, 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 Luxaflex Belgium?
What happened at Luxaflex Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christ Taveirne stepped down as director. NBB
- Frederikus Hassing stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 371,663 (▼ € 536,422 vs 2024). filed late Source: NBB ↗
- Christ Taveirne became a director. NBB
- Frederikus Hassing became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 948,706 profit in 2022 to € 371,663 loss in 2025.
Paid € 931,725 in corporate taxes since 2022.
Best year ever: 2022, with € 948,706 profit.
On average € 108,900 of value added per employee in 2025.
Management
The shares are held by Industrie en Handelsonderneming Buismetaal BV (100%) and Tentenfabriek Orion (0%).
Directors
According to the 2025 annual accounts
Christ Taveirne
Managing director
since 2023 · until 2026
Frederikus Hassing
Director
since 2023 · until 2026
Shareholders
Industrie en Handelsonderneming Buismetaal BV
100%
Tentenfabriek Orion
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dirk Martensstraat 3
8200 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.949.037
- VAT number
- BE 0418.949.037
- Registered office
- Dirk Martensstraat 3, 8200 Brugge
- Names & denominations
- Luxaflex Belgium · Ameubla
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1978
- Peppol
- Active · Active since 20 Jan 2026
- Activities · NACE
Vervaardiging van metalen deuren en vensters
Vervaardiging van metalen ramen, deuren, wanden en dergelijke
Overige industrie, n.e.g.