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 6 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
Kalvermarkt from Gent, company number BE0441313178, closed financial year 2024 with a result of € -580,096 after tax. For that financial year Kalvermarkt recorded revenue of € 4.1 million and equity of € 1.7 million. Compared with financial year 2023, the result moved from € 63,390 to € -580,096. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2025.
€ 1.7 million
▼ 25% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -580,096
▼ still € 63,390 profit in 2023
Profit after tax over the fiscal year.
€ 65,471
▼ 71% vs 2023
Cash and bank balances on the last day of the fiscal year.
People and assets in 2024
77.3
▲ 11.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 4.7 million
▲ 14% vs 2023
€ 61,200 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.
€ 533,924
▲ 48% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 21.2 million
▲ € 20.9 million vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3 million
▲ € 2.4 million vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 3,107,755 | € 3,467,427 | € 3,829,138 | € 4,055,717 | ▲ 6% |
| Gross margin | € 3,543,971 | € 3,734,750 | € 4,164,257 | € 4,548,913 | ▲ 9% |
| Profit after taxes | € 103,511 | € -208,025 | € 63,390 | € -580,096 | ▼ € 643,486 |
| Equity | € 2,425,624 | € 2,217,597 | € 2,280,987 | € 1,700,891 | ▼ 25% |
| Total debts | € 1,130,129 | € 1,262,096 | € 1,317,104 | € 24,619,665 | ▲ € 23.3 million |
| Cash | € 503,398 | € 496,563 | € 224,518 | € 65,471 | ▼ 71% |
| Land & buildings | € 17,109 | € 7,163 | € 0 | € 22,369,685 | |
| Retained profit | € 2,425,624 | € 2,217,597 | € 2,280,987 | € 1,700,891 | ▼ 25% |
| Bank debt | € 415,400 | € 359,600 | € 347,200 | € 0 | ▼ 100% |
| Balance sheet total | € 3,560,263 | € 3,479,762 | € 3,598,160 | € 26,320,653 | ▲ € 22.7 million |
| Employees (FTE) | 65.7 | 64.2 | 65.7 | 77.3 | ▲ 11.6 |
Key figures of Kalvermarkt, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Kalvermarkt?
What happened at Kalvermarkt in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 580,096 (▼ € 643,486 vs 2023). Source: NBB ↗
- Luc LEMMENS became a director. NBB
- Agnes BOGAERTS became a director. NBB
- Frans VAN HOORDE became a director. NBB
- Stefan VAN SEVECOTTE became a director. NBB
- Tony VAN PARYS became a director. NBB
- Koen OOSTERLINCK became a director. NBB
- Lodewijk COLLIN became a director. NBB
In short
From € 103,511 profit in 2021 to € 580,096 loss in 2024.
Best year ever: 2021, with € 103,511 profit.
On average € 58,800 of value added per employee in 2024.
Management
Behind Kalvermarkt are Luc LEMMENS, Agnes BOGAERTS, Frans VAN HOORDE, Stefan VAN SEVECOTTE, Lodewijk COLLIN and Tony VAN PARYS. Luc LEMMENS is also behind Woonzorgcentrum Kanunnik Triest VZW, DEN DIEPEN BOOMGAARD and Home Emmaus. Frans VAN HOORDE is also behind Fracarita Belgium.
Directors
According to the 2024 annual accounts
Luc LEMMENS
Director
Also active at: Woonzorgcentrum Kanunnik Triest VZW, DEN DIEPEN BOOMGAARD, Home Emmaus
since 2021
Agnes BOGAERTS
Director
since 2011
since 2011
Stefan VAN SEVECOTTE
Director
since 2011
Lodewijk COLLIN
Vice-chairman of the board
since 1989
Tony VAN PARYS
Director
since 2011
Raphaël DE RYCKE
Chairman of the board
Also active at: Odisee, VERENIGING VOOR AMBULANTE GEESTELIJKE GEZONDHEIDSZORG ANTWERPEN
since 1989
Koen OOSTERLINCK
Director
since 2011
Marc VANDERGRAESEN
Director
since 1989
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 534
9000 Gent
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
- 0441.313.178
- VAT number
- BE 0441.313.178
- Registered office
- Kortrijksesteenweg 534, 9000 Gent
- Names & denominations
- Kalvermarkt
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 6 September 1989
- Peppol
- Not registered
- Activities · NACE
Rust- en verzorgingstehuizen (RVT)