Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
34 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SPIEGELREI from Roeselare, company number BE0427994385, closed financial year 2025 with a result of € 292,805 after tax. For that financial year SPIEGELREI recorded a gross margin of € 465,155 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 259,803 to € 292,805. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 2.6 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 292,805
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 127,243
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 420,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 3,192
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 36
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,275
▲ 15% 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 | € 401,248 | € 420,536 | € 445,160 | € 465,155 | ▲ 4% |
| Profit after taxes | € 223,617 | € 233,875 | € 259,803 | € 292,805 | ▲ 13% |
| Equity | € 2,214,193 | € 2,448,068 | € 2,707,870 | € 2,580,676 | ▼ 5% |
| Total debts | € 547,131 | € 7,367 | € 8,845 | € 428,495 | ▲ € 419,650 |
| Cash | € 406,443 | € 119,573 | € 173,407 | € 127,243 | ▼ 27% |
| Land & buildings | € 2,113,094 | € 2,051,721 | € 1,980,021 | € 2,224,945 | ▲ 12% |
| Retained profit | € 703,920 | € 937,795 | € 1,197,597 | € 1,070,403 | ▼ 11% |
| Dividend | € 478,898 | € 0 | € 0 | € 420,000 | |
| Balance sheet total | € 2,761,324 | € 2,455,435 | € 2,716,715 | € 3,009,170 | ▲ 11% |
Key figures of SPIEGELREI, 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 SPIEGELREI?
What happened at SPIEGELREI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 292,805 (▲ 13% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 223,617 profit in 2022 to € 292,805 profit in 2025.
Paid € 341,439 in corporate taxes since 2022.
Best year ever: 2025, with € 292,805 profit.
Paid out € 898,898 in dividends to the owners in total.
Management
The stake of VABELDO, VABELDA, VABELDI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPIEGELREIBehind SPIEGELREI are Vabeldo BV, Vabelda BV and Vabeldi BV. The shares are held by VABELDO (33.3%), VABELDA (33.3%) and VABELDI (33.3%).
Directors
According to the 2025 annual accounts
Director · represented by Dorine Kerckhof
Also active at: RESIDENTIE SINT-JORISHOF, Finlandia, DE MEDICI, Kerant, D.D.D.-INVEST, EURO SHOPPING, PARKING GENT, Ring Multi
Director · represented by Danny Kerckhof
Also active at: RESIDENTIE SINT-JORISHOF, Finlandia, DE MEDICI, Kerant, D.D.D.-INVEST, EURO SHOPPING, PARKING GENT, Ring Multi
Managing director · represented by Didier Kerckhof
Also active at: RESIDENTIE SINT-JORISHOF, Finlandia, DE MEDICI, Kerant, FINERO, D.D.D.-INVEST, EURO SHOPPING, PROJESTEC +2 more
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Meensesteenweg 608
8800 Roeselare
Spiegelrei 3
8000 Brugge
Active since 8 November 1985
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.
All companies at this address →RESIDENTIE SINT-JORISHOF same network
€ 202,618 gross margin · 2025
FORT
TEXTILAC
DEBELS
€ 87,590 gross margin · 2025
Euro shop
€ 87.3 million revenue · 2025
+29 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
- 0427.994.385
- VAT number
- BE 0427.994.385
- Registered office
- Meensesteenweg 608, 8800 Roeselare
- Names & denominations
- SPIEGELREI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 1985
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, zonder restaurant