Financials
Financial year 2025
BOGAFI from Damme, company number BE0429609634, closed financial year 2025 with a result of € 585,195 after tax. For that financial year BOGAFI recorded a gross margin of € 2 million and equity of € 10.2 million. Compared with financial year 2024, the result moved from € -468,412 to € 585,195. 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 June 16, 2026.
€ 10.2 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 585,195
▲ still € 468,412 loss in 2024
Profit after tax over the fiscal year.
€ 455,529
▲ 152% 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 € 8.7 million.
People and assets in 2025
3.1
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 197,192
▼ 14% vs 2024
€ 63,600 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.
€ 42,891
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▼ 52% vs 2024
€ 418,015 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 17,255
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,560
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 178,973 | € 728,071 | € 769,550 | € 1,958,037 | ▲ 154% |
| Profit after taxes | € -71,844 | € -355,194 | € -468,412 | € 585,195 | ▲ € 1.1 million |
| Equity | € 14,047,312 | € 9,941,564 | € 9,588,156 | € 10,161,247 | ▲ 6% |
| Total debts | € 528,847 | € 4,308,475 | € 4,946,940 | € 4,431,965 | ▼ 10% |
| Cash | € 159,064 | € 77,240 | € 181,013 | € 455,529 | ▲ 152% |
| Land & buildings | € 1,709,200 | € 13,061,722 | € 13,236,408 | € 12,016,651 | ▼ 9% |
| Retained profit | € 13,984,812 | € 8,629,064 | € 8,160,652 | € 8,745,847 | ▲ 7% |
| Bank debt | € 424,907 | € 4,222,220 | € 4,632,618 | € 2,229,400 | ▼ 52% |
| Balance sheet total | € 16,013,736 | € 15,522,417 | € 15,241,836 | € 15,403,827 | ▲ 1% |
| Employees (FTE) | 4 | 4 | 4 | 3.1 | ▼ 0.9 |
Key figures of BOGAFI, fiscal years 2021 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 BOGAFI?
What happened at BOGAFI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ann Vandenbogaerde stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 585,195. Source: NBB ↗
- Ann Vandenbogaerde became a director. NBB
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 71,844 loss in 2021 to € 585,195 profit in 2025.
Paid € 549,765 in corporate taxes since 2021.
Best year ever: 2025, with € 585,195 profit.
On average € 631,600 of value added per employee in 2025.
Management
It owns 100% of HOTEL DE TUILERIEËN itself.
Directors
According to the 2025 annual accounts
Ann Vandenbogaerde
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Legeweg 14
8340 Damme
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.609.634
- VAT number
- BE 0429.609.634
- Registered office
- Legeweg 14, 8340 Damme
- Names & denominations
- BOGAFI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 1986
- Peppol
- Active · Active since 28 Aug 2023
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen