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 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MEUBELS YELBA from Poperinge, company number BE0439514225, closed financial year 2025 with a result of € 59,832 after tax. For that financial year MEUBELS YELBA recorded a gross margin of € 176,908 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 58,346 to € 59,832. 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 16, 2026.
€ 1.8 million
▲ € 1.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,832
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 31,757
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 58,000 paid out
97 % of the profit went to the shareholders, mostly to BAERT ANTHONY (100 % of the shares). That is where the money ends up.
People and assets in 2025
€ 84
▼ 40% 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.
€ 242
▼ 81% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 425,415
▲ 110% vs 2024
€ 59,856 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 88,491
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,804
▼ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 194,145 | € 179,668 | € 176,149 | € 176,908 | |
| Profit after taxes | € 80,027 | € 68,051 | € 58,346 | € 59,832 | ▲ 3% |
| Equity | € 259,414 | € 262,465 | € 262,811 | € 1,841,469 | ▲ € 1.6 million |
| Total debts | € 474,445 | € 387,388 | € 362,961 | € 576,800 | ▲ 59% |
| Cash | € 10,474 | € 10,275 | € 59,047 | € 31,757 | ▼ 46% |
| Land & buildings | € 697,977 | € 622,209 | € 552,287 | € 2,069,646 | ▲ 275% |
| Retained profit | € 172,414 | € 175,465 | € 175,811 | € 177,643 | ▲ 1% |
| Dividend | € 80,000 | € 65,000 | € 58,000 | € 58,000 | |
| Bank debt | € 363,204 | € 273,693 | € 202,627 | € 425,415 | ▲ 110% |
| Balance sheet total | € 733,859 | € 649,853 | € 625,772 | € 2,418,268 | ▲ 286% |
Key figures of MEUBELS YELBA, 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 MEUBELS YELBA?
What happened at MEUBELS YELBA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 59,832 (▲ 3% vs 2024). Source: NBB ↗
- New establishment in Poperinge. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,027 profit in 2022 to € 59,832 profit in 2025.
Paid € 9,249 in corporate taxes since 2022.
Best year ever: 2022, with € 80,027 profit.
Paid out € 261,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BAERT ANTHONY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MEUBELS YELBABehind MEUBELS YELBA are ERIC BAERT and YOLANDE DESENDER. The shares are held by BAERT ANTHONY (99.6%).
Directors
According to the 2025 annual accounts
ERIC BAERT
Director
YOLANDE DESENDER
Director
Shareholders
99.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vlaanderenlaan 15-17
8970 Poperinge
Vlaanderenlaan 15 1
8970 Poperinge
Active since 26 January 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.514.225
- VAT number
- BE 0439.514.225
- Registered office
- Vlaanderenlaan 15-17, 8970 Poperinge
- Names & denominations
- MEUBELS YELBA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 1990
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen
Detailhandel in huismeubilair
Detailhandel in meubels
Detailhandel in huismeubilair in gespecialiseerde winkels