Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 11.5 to 10.2.
Financials
Financial year 2025
GALERIJ DE VUYST from Lokeren, company number BE0429745236, closed financial year 2025 with a result of € 926,706 after tax. For that financial year GALERIJ DE VUYST recorded a gross margin of € 2.3 million and equity of € 6 million. Compared with financial year 2024, the result moved from € 980,400 to € 926,706. 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 June 22, 2026.
€ 6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 926,706
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 900,000 paid out
97 % of the profit went to the shareholders, mostly to Devuto (100 % of the shares). That is where the money ends up.
People and assets in 2025
10.2
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 706,826
▼ 1% vs 2024
€ 69,300 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.
€ 249,904
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 64,000
Loans from banks and other lenders, long and short.
€ 375,022
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 111,917
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,140,036 | € 2,291,159 | € 2,374,428 | € 2,289,674 | ▼ 4% |
| Profit after taxes | € 849,421 | € 898,087 | € 980,400 | € 926,706 | ▼ 5% |
| Equity | € 5,938,591 | € 5,936,678 | € 6,017,078 | € 6,043,784 | |
| Total debts | € 2,053,226 | € 2,196,817 | € 2,055,388 | € 2,125,889 | ▲ 3% |
| Cash | € 1,304,911 | € 396,069 | € 1,193,168 | € 1,126,785 | ▼ 6% |
| Land & buildings | € 3,374,962 | € 3,145,959 | € 2,929,600 | € 2,721,428 | ▼ 7% |
| Retained profit | € 2,439,943 | € 2,438,030 | € 2,518,430 | € 2,545,136 | ▲ 1% |
| Dividend | € 900,000 | € 900,000 | € 900,000 | € 900,000 | |
| Bank debt | € 64,000 | € 64,000 | € 64,000 | € 64,000 | |
| Balance sheet total | € 7,991,817 | € 8,133,494 | € 8,072,466 | € 8,169,673 | ▲ 1% |
| Employees (FTE) | 12.1 | 11.5 | 11.4 | 10.2 | ▼ 1.2 |
Key figures of GALERIJ DE VUYST, 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 GALERIJ DE VUYST?
What happened at GALERIJ DE VUYST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pascale Philips stepped down as director. NBB
- Devuto BV stepped down as director. NBB
- T.K.B. stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 926,706 (▼ 5% vs 2024). Source: NBB ↗
- Devuto BV became a director. NBB
- Pascale Philips became a director. NBB
- T.K.B. became a director. NBB
- New establishment in Lokeren. KBO
In short
From € 849,421 profit in 2022 to € 926,706 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 980,400 profit.
On average € 224,500 of value added per employee in 2025.
Management
The stake of Devuto comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GALERIJ DE VUYSTThe shares are held by Devuto (100%). It owns 100% of KLEDING DE VUYST and 50% of IMMO DE VUYST itself.
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
100%
50%
Establishments
Establishment units
Physical locations of this company
Kerkstraat 46
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0429.745.236
- VAT number
- BE 0429.745.236
- Registered office
- Kerkstraat 46, 9160 Lokeren
- Names & denominations
- GALERIJ DE VUYST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 1986
- Peppol
- Active · Active since 3 Apr 2025
- Activities · NACE
Beheer en exploitatie van culturele centra
Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten
Overige detailhandel in nieuwe artikelen neg
Overige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.
Organisatie van congressen en beurzen
Detailhandel in kranten en andere tijdschriften
Organisatie van salons, tentoonstellingen en beurzen
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
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