Financials
Financial year 2025
KURT TEIRLYNCK from Menen, company number BE0440499665, closed financial year 2025 with a result of € 17,546 after tax. For that financial year KURT TEIRLYNCK recorded a gross margin of € 91,217 and equity of € 238,500. Compared with financial year 2024, the result moved from € 36,313 to € 17,546. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 238,500
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,546
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 83,403
▲ 46% 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 € 218,668.
People and assets in 2025
1
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 43,618
▲ 15% vs 2024
€ 43,600 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.
€ 281
▼ 87% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 238,477
▼ 12% vs 2024
€ 34,337 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 26,529
▲ 114% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,032
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 57,450 | € 99,291 | € 116,480 | € 91,217 | ▼ 22% |
| Profit after taxes | € -3,295 | € -1,731 | € 36,313 | € 17,546 | ▼ 52% |
| Equity | € 186,371 | € 184,640 | € 220,953 | € 238,500 | ▲ 8% |
| Total debts | € 613,286 | € 650,439 | € 622,147 | € 610,999 | ▼ 2% |
| Cash | € 22,489 | € 59,770 | € 57,218 | € 83,403 | ▲ 46% |
| Land & buildings | € 396,818 | € 388,955 | € 381,092 | € 373,229 | ▼ 2% |
| Retained profit | € 166,540 | € 164,809 | € 201,122 | € 218,668 | ▲ 9% |
| Bank debt | € 369,299 | € 317,987 | € 272,344 | € 238,477 | ▼ 12% |
| Balance sheet total | € 842,287 | € 876,335 | € 882,982 | € 888,006 | ▲ 1% |
| Employees (FTE) | - | 0.5 | 0.9 | 1 | ▲ 0.1 |
Key figures of KURT TEIRLYNCK, 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 KURT TEIRLYNCK?
What happened at KURT TEIRLYNCK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,546 (▼ 52% vs 2024). filed late Source: NBB ↗
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,295 loss in 2022 to € 17,546 profit in 2025.
Paid € 19,783 in corporate taxes since 2022.
Best year ever: 2024, with € 36,313 profit.
On average € 91,200 of value added per employee in 2025.
Management
Behind KURT TEIRLYNCK is Kurt Teirlynck. It owns 100% of More Yachts France SARL and 100% of FTA Ervijn itself.
Directors
According to the 2025 annual accounts
Kurt Teirlynck
Director
Establishments
Establishment units
Physical locations of this company
Grote Weg 75
8930 Menen
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
- 0440.499.665
- VAT number
- BE 0440.499.665
- Registered office
- Grote Weg 75, 8930 Menen
- Names & denominations
- KURT TEIRLYNCK
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 6 April 1990
- Peppol
- Active · Active since 29 Aug 2023
- Activities · NACE
Groothandel in andere consumentenartikelen, neg
Overige recreatie- en ontspanningsactiviteiten, neg