Financials
Financial year 2025
KNOKVAR from Ledegem, company number BE0429617552, closed financial year 2025 with a result of € 153,475 after tax. For that financial year KNOKVAR recorded a gross margin of € 367,705 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 188,996 to € 153,475. 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 March 31, 2026.
€ 1.3 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 153,475
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 294,272
▼ 32% 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 € 1 million.
People and assets in 2025
0.3
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 15,694
▼ 5% 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.
€ 31,321
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 101,507
▼ 49% vs 2024
€ 71,273 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 49,296
▲ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,871
▼ 67% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 218,585 | € 573,065 | € 772,860 | € 367,705 | ▼ 52% |
| Profit after taxes | € 33,304 | € 301,416 | € 188,996 | € 153,475 | ▼ 19% |
| Equity | € 615,162 | € 916,578 | € 1,098,974 | € 1,252,448 | ▲ 14% |
| Total debts | € 812,231 | € 642,035 | € 300,407 | € 232,666 | ▼ 23% |
| Cash | € 76,637 | € 85,533 | € 431,007 | € 294,272 | ▼ 32% |
| Land & buildings | € 927,900 | € 973,673 | € 650,142 | € 548,738 | ▼ 16% |
| Retained profit | € 102,761 | € 427,146 | € 851,080 | € 1,004,555 | ▲ 18% |
| Dividend | € 0 | € 0 | € 6,600 | € 0 | ▼ 100% |
| Bank debt | € 403,575 | € 301,432 | € 199,290 | € 101,507 | ▼ 49% |
| Balance sheet total | € 1,427,393 | € 1,558,613 | € 1,399,381 | € 1,485,115 | ▲ 6% |
| Employees (FTE) | - | 0.4 | 0.4 | 0.3 | ▼ 0.1 |
Key figures of KNOKVAR, 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 April 2027.
What happened to KNOKVAR?
What happened at KNOKVAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 153,475 (▼ 19% vs 2024). Source: NBB ↗
- Eline Vantieghem became a director. NBB
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,304 profit in 2022 to € 153,475 profit in 2025.
Paid € 306,969 in corporate taxes since 2022.
Best year ever: 2023, with € 301,416 profit.
Paid out € 6,600 in dividends to the owners in total.
Management
Behind KNOKVAR is Eline Vantieghem.
Directors
According to the 2025 annual accounts
Eline Vantieghem
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Knokstraat 18 box A
8880 Ledegem
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.
Details
- Company number
- 0429.617.552
- VAT number
- BE 0429.617.552
- Registered office
- Knokstraat 18 bus A, 8880 Ledegem
- Names & denominations
- KNOKVAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1986
- Peppol
- Active · Active since 19 Jun 2025
- Activities · NACE
Fokvarkenshouderijen
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