Financials
Financial year 2025
Royal Golf Club des Fagnes from Spa, company number BE0421461238, closed financial year 2025 with a result of € 108,150 after tax. For that financial year Royal Golf Club des Fagnes recorded a gross margin of € 1.1 million and equity of € 688,729. Compared with financial year 2024, the result moved from € 138,144 to € 108,150. 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 August 25, 2026.
€ 688,729
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 108,150
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 420,962
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
€ 722,195
▲ 13% 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.
€ 67,120
▼ 18% 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.
€ 89,974
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,703
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 834,425 | € 861,365 | € 945,839 | € 1,072,709 | ▲ 13% |
| Profit after taxes | € 11,412 | € 84,653 | € 138,144 | € 108,150 | ▼ 22% |
| Equity | € 357,765 | € 442,418 | € 581,362 | € 688,729 | ▲ 18% |
| Total debts | € 281,768 | € 575,951 | € 722,728 | € 726,101 | |
| Cash | € 270,270 | € 525,419 | € 340,424 | € 420,962 | ▲ 24% |
| Land & buildings | € 67,009 | € 65,865 | € 121,147 | € 206,056 | ▲ 70% |
| Retained profit | € 355,286 | € 439,939 | € 578,883 | € 686,250 | ▲ 19% |
| Bank debt | € 47,091 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 699,533 | € 1,086,369 | € 1,372,090 | € 1,482,830 | ▲ 8% |
| Employees (FTE) | 10.6 | 10.9 | 11.1 | - |
Key figures of Royal Golf Club des Fagnes, 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 Royal Golf Club des Fagnes?
What happened at Royal Golf Club des Fagnes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laurent VERVIER stepped down as director. NBB
- Jean-Pierre LITT stepped down as director. NBB
- Didier DUKERTS stepped down as director. NBB
- Dany DELETTRE stepped down as director. NBB
- Philippe BOUCHAT stepped down as director. NBB
- Benoit PIRON stepped down as director. NBB
- Marie-Paule PECHER stepped down as director. NBB
- Pierre WEERTS stepped down as director. NBB
In short
From € 11,412 profit in 2022 to € 108,150 profit in 2025.
Paid € 6,142 in corporate taxes since 2022.
Best year ever: 2024, with € 138,144 profit.
On average € 85,200 of value added per employee in 2024.
A new publication or filing at Royal Golf Club des Fagnes? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Laurent VERVIER
Director
since 2024 · until 2028
Jean-Pierre LITT
Director
since 2024 · until 2028
since 2024 · until 2028
Dany DELETTRE
Director
since 2024 · until 2028
Philippe BOUCHAT
Director
since 2024 · until 2028
Benoit PIRON
Director
since 2024 · until 2028
Marie-Paule PECHER
Director
since 2024 · until 2028
since 2024 · until 2028
Marc OSSENA CANTARA
Director
since 2024 · until 2028
Establishments
Establishment units
Physical locations of this company
Chemin du Golf 1
4900 Spa
Balmoral SN
4900 Spa
Active since 16 January 1981
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
- 0421.461.238
- VAT number
- BE 0421.461.238
- Registered office
- Chemin du Golf 1, 4900 Spa
- Names & denominations
- Royal Golf Club des Fagnes
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 16 January 1981
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Exploitatie van sportaccommodaties
Exploitatie van overige sportinstallaties en -accomodaties
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