Financials
Financial year 2025
YELBA from Poperinge, company number BE0420108780, closed financial year 2025 with a result of € 384,973 after tax. For that financial year YELBA recorded a gross margin of € 1.5 million and equity of € 341,980. Compared with financial year 2024, the result moved from € 205,544 to € 384,973. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 29, 2025.
€ 341,980
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 384,973
▲ 87% vs 2024
Profit after tax over the fiscal year.
€ 431,550
▲ € 373,646 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 350,000 paid out
91 % of the profit went to the shareholders, mostly to BAERT ANTHONY (100 % of the shares). That is where the money ends up.
People and assets in 2025
€ 968,632
▲ 8% 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.
€ 189,584
▲ 89% vs 2024
Of which on lease € 168,254.
Debts at end 2025
€ 143,122
▲ 131% vs 2024
€ 45,388 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 469,844
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,279
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,302,385 | € 1,101,151 | € 1,187,230 | € 1,460,985 | ▲ 23% |
| Profit after taxes | € 293,261 | € 200,447 | € 205,544 | € 384,973 | ▲ 87% |
| Equity | € 222,255 | € 272,703 | € 307,007 | € 341,980 | ▲ 11% |
| Total debts | € 791,522 | € 621,489 | € 627,911 | € 1,089,265 | ▲ 73% |
| Cash | € 136,746 | € 96,679 | € 57,903 | € 431,550 | ▲ € 373,646 |
| Land & buildings | € 4,053 | € 2,962 | € 3,355 | € 2,903 | ▼ 13% |
| Retained profit | € 141,690 | € 192,137 | € 226,442 | € 261,414 | ▲ 15% |
| Dividend | € 290,000 | € 150,000 | € 171,239 | € 350,000 | ▲ 104% |
| Bank debt | € 58,799 | € 42,300 | € 62,024 | € 143,122 | ▲ 131% |
| Balance sheet total | € 1,013,777 | € 894,192 | € 934,918 | € 1,431,244 | ▲ 53% |
| Employees (FTE) | 18.5 | 17 | - | - |
Key figures of YELBA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to YELBA?
What happened at YELBA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 384,973 (▲ 87% vs 2024). Source: NBB ↗
- New establishment in Poperinge. KBO
- Start of the company according to the CBE. KBO
In short
From € 293,261 profit in 2022 to € 384,973 profit in 2025.
Paid € 63,116 in corporate taxes since 2022.
Best year ever: 2025, with € 384,973 profit.
On average € 64,800 of value added per employee in 2023.
Management
The stake of BAERT ANTHONY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
YELBABehind YELBA is BAERT ANTHONY BVBA BVBA. The shares are held by BAERT ANTHONY (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vlaanderenlaan 15
8970 Poperinge
Vlaanderenlaan 15-17
8970 Poperinge
Active since 19 January 1990
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0420.108.780
- VAT number
- BE 0420.108.780
- Registered office
- Vlaanderenlaan 15, 8970 Poperinge
- Names & denominations
- YELBA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1979
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- yelba.be [email protected] 057338643
- Activities · NACE
Schrijnwerk
Vervaardiging van keukenmeubelen