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 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STEENBAKKERIJ VANDE MOORTEL from Oudenaarde, company number BE0432038790, closed financial year 2025 with a result of € 5.3 million after tax. For that financial year STEENBAKKERIJ VANDE MOORTEL recorded revenue of € 39 million and equity of € 8 million. Compared with financial year 2024, the result moved from € 5.2 million to € 5.3 million. 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 23, 2026.
€ 8 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.3 million
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.9 million paid out
92 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
146.9
▲ 7.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.3 million
▲ 14% vs 2024
€ 70,100 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.
€ 1 million
▼ 12% 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.
€ 2.1 million
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.
€ 1.1 million
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 46,967,773 | € 43,384,614 | € 37,092,551 | € 38,994,627 | ▲ 5% |
| Profit after taxes | € 4,528,412 | € 5,505,634 | € 5,230,675 | € 5,261,738 | ▲ 1% |
| Equity | € 6,577,926 | € 7,953,560 | € 7,594,235 | € 7,995,973 | ▲ 5% |
| Total debts | € 8,119,957 | € 7,129,146 | € 6,480,637 | € 6,537,390 | ▲ 1% |
| Cash | € 3,766,853 | € 974,201 | € 2,107,362 | € 1,026,091 | ▼ 51% |
| Land & buildings | € 25,787 | € 25,215 | € 184,319 | € 142,477 | ▼ 23% |
| Retained profit | € 6,152,926 | € 7,528,560 | € 7,169,235 | € 7,570,973 | ▲ 6% |
| Dividend | € 12,423,673 | € 4,130,000 | € 5,590,000 | € 4,860,000 | ▼ 13% |
| Balance sheet total | € 14,990,883 | € 15,384,706 | € 14,390,872 | € 14,780,363 | ▲ 3% |
| Employees (FTE) | 160.2 | 151.3 | 139.7 | 146.9 | ▲ 7.2 |
Key figures of STEENBAKKERIJ VANDE MOORTEL, 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 STEENBAKKERIJ VANDE MOORTEL?
What happened at STEENBAKKERIJ VANDE MOORTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5.3 million (▲ 1% vs 2024). Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 4.5 million profit in 2022 to € 5.3 million profit in 2025.
Paid € 6.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 5.5 million profit.
Paid out € 27 million in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Scheldekant 5
9700 Oudenaarde
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
- 0432.038.790
- VAT number
- BE 0432.038.790
- Registered office
- Scheldekant 5, 9700 Oudenaarde
- Names & denominations
- STEENBAKKERIJ VANDE MOORTEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 1987
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Vervaardiging van bakstenen
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Vervaardiging dakpannen, tegels en andere producten voor de bouw, van gebakken klei
Groothandel in bouwmaterialen, algemeen assortiment
Vervaardiging van andere machines voor specifieke doeleinden neg
Handelsbemiddeling in hout en bouwmaterialen