Financials
Financial year 2025
TEN STUIVENBERGE INVEST from Waregem, company number BE0422976418, closed financial year 2025 with a result of € 151,296 after tax. For that financial year TEN STUIVENBERGE INVEST recorded a gross margin of € 627,321 and equity of € 5.2 million. Compared with financial year 2024, the result moved from € 22,292 to € 151,296. 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.
€ 5.2 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 151,296
▲ € 129,004 vs 2024
Profit after tax over the fiscal year.
€ 673,374
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 107,571
▼ 25% 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.
€ 10,559
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,109
▼ 52% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 527,112 | € 439,960 | € 408,380 | € 627,321 | ▲ 54% |
| Profit after taxes | € 38,969 | € 15,816 | € 22,292 | € 151,296 | ▲ € 129,004 |
| Equity | € 5,014,967 | € 5,030,783 | € 5,053,074 | € 5,204,370 | ▲ 3% |
| Total debts | € 1,793,566 | € 1,591,364 | € 1,562,725 | € 783,059 | ▼ 50% |
| Cash | € 1,398,620 | € 1,605,875 | € 1,267,583 | € 673,374 | ▼ 47% |
| Land & buildings | € 5,213,434 | € 5,023,263 | € 5,175,477 | € 5,175,301 | |
| Retained profit | € 2,771,808 | € 2,787,624 | € 2,809,916 | € 2,961,212 | ▲ 5% |
| Balance sheet total | € 6,943,219 | € 6,751,237 | € 6,739,731 | € 6,104,768 | ▼ 9% |
Key figures of TEN STUIVENBERGE INVEST, 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 TEN STUIVENBERGE INVEST?
What happened at TEN STUIVENBERGE INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 151,296 (▲ € 129,004 vs 2024). Source: NBB ↗
- Elsje Vandecasteele became a director. NBB
- Tino Pappijn became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Waregem. KBO
In short
From € 38,969 profit in 2022 to € 151,296 profit in 2025.
Paid € 114,364 in corporate taxes since 2022.
Best year ever: 2025, with € 151,296 profit.
Management
Behind TEN STUIVENBERGE INVEST are Elsje Vandecasteele and Tino Pappijn.
Directors
According to the 2025 annual accounts
Elsje Vandecasteele
Managing director
since 2019
Tino Pappijn
Managing director
since 2019
Establishments
Establishment units
Physical locations of this company
Courtensstraat 1 box A
8791 Waregem
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
- 0422.976.418
- VAT number
- BE 0422.976.418
- Registered office
- Courtensstraat 1 bus A, 8791 Waregem
- Names & denominations
- TEN STUIVENBERGE INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 August 1982
- Peppol
- Active · Active since 26 Jul 2025
- Activities · NACE
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