Financials
Financial year 2025
ERIK VANTIEGHEM from Avelgem, company number BE0441709492, closed financial year 2025 with a result of € 521,805 after tax. For that financial year ERIK VANTIEGHEM recorded revenue of € 77.9 million and equity of € 4.8 million. Compared with financial year 2024, the result moved from € 587,485 to € 521,805. 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 June 18, 2026.
€ 4.8 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 521,805
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 668,519
▲ € 563,818 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
57 % of the profit went to the shareholders, mostly to GILVA (100 % of the shares). That is where the money ends up.
People and assets in 2025
7.6
▲ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 530,313
▲ 34% vs 2024
€ 69,800 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.
€ 2.1 million
▲ 200% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.5 million
▲ 232% vs 2024
€ 471,474 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 7.8 million
▲ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.
€ 104,787
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 84,214,683 | € 72,860,552 | € 80,368,191 | € 77,907,187 | ▼ 3% |
| Profit after taxes | € 482,889 | € 545,429 | € 587,485 | € 521,805 | ▼ 11% |
| Equity | € 3,668,249 | € 4,213,678 | € 4,501,163 | € 4,822,968 | ▲ 7% |
| Total debts | € 5,344,229 | € 4,052,789 | € 4,855,369 | € 10,398,009 | ▲ 114% |
| Cash | € 374,305 | € 287,747 | € 104,701 | € 668,519 | ▲ € 563,818 |
| Land & buildings | € 98,531 | € 102,287 | € 153,989 | € 328,560 | ▲ 113% |
| Retained profit | € 3,606,249 | € 4,151,678 | € 4,439,163 | € 4,760,968 | ▲ 7% |
| Dividend | € 0 | € 0 | € 300,000 | € 300,000 | |
| Bank debt | € 1,058,916 | € 781,134 | € 738,941 | € 2,456,081 | ▲ 232% |
| Balance sheet total | € 9,012,478 | € 8,266,467 | € 9,356,532 | € 15,220,977 | ▲ 63% |
| Employees (FTE) | 4.6 | 4.6 | 4.6 | 7.6 | ▲ 3 |
Key figures of ERIK VANTIEGHEM, 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 ERIK VANTIEGHEM?
What happened at ERIK VANTIEGHEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 521,805 (▼ 11% vs 2024). Source: NBB ↗
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 482,889 profit in 2022 to € 521,805 profit in 2025.
Paid € 808,942 in corporate taxes since 2022.
Best year ever: 2024, with € 587,485 profit.
Paid out € 600,000 in dividends to the owners in total.
Management
The stake of GILVA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ERIK VANTIEGHEMBehind ERIK VANTIEGHEM are Gilles Vantieghem and GILVA BV. The shares are held by GILVA (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Piet Vantieghem
Also active at: INTER-CERAM, INPALCO, GUVVI, SiVaTrans, VANDU, Bakkersgrond
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leynseelstraat 154
8580 Avelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →INPALCO same network
€ 422,236 gross margin · 2025
GILVA same network
€ 294,510 gross margin · 2025
GUVVI same network
€ 741,621 gross margin · 2025
AXVA
€ 147,807 gross margin · 2025
PV Management
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.709.492
- VAT number
- BE 0441.709.492
- Registered office
- Leynseelstraat 154, 8580 Avelgem
- Names & denominations
- ERIK VANTIEGHEM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 1990
- Peppol
- Active · Active since 23 Jan 2026
- Activities · NACE
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