Financials
Financial year 2025
SCHRIJNWERKERIJ DENOLF from Torhout, company number BE0441856477, closed financial year 2025 with a result of € -12,557 after tax. For that financial year SCHRIJNWERKERIJ DENOLF recorded a gross margin of € 57,192 and equity of € 218,774. Compared with financial year 2024, the result moved from € 77,508 to € -12,557. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 218,774
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,557
▼ still € 77,508 profit in 2024
Profit after tax over the fiscal year.
€ 143,722
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 156,774.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 58,307
▼ 45% 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.
€ 5,614
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5,315
▼ 42% vs 2024
Loans from banks and other lenders, long and short.
€ 21,922
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,000
▼ 95% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 230,413 | € 216,526 | € 227,128 | € 57,192 | ▼ 75% |
| Profit after taxes | € 46,685 | € 55,536 | € 77,508 | € -12,557 | ▼ € 90,066 |
| Equity | € 197,609 | € 181,929 | € 231,331 | € 218,774 | ▼ 5% |
| Total debts | € 102,186 | € 134,218 | € 85,533 | € 28,237 | ▼ 67% |
| Cash | € 132,903 | € 181,156 | € 201,448 | € 143,722 | ▼ 29% |
| Land & buildings | € 18,475 | € 18,475 | € 18,475 | € 19,861 | ▲ 8% |
| Retained profit | € 135,609 | € 119,929 | € 169,331 | € 156,774 | ▼ 7% |
| Dividend | € 0 | € 69,361 | € 28,106 | € 0 | ▼ 100% |
| Bank debt | € 14,694 | € 12,896 | € 9,131 | € 5,315 | ▼ 42% |
| Balance sheet total | € 300,300 | € 316,146 | € 316,864 | € 247,011 | ▼ 22% |
| Employees (FTE) | 2.7 | - | - | - |
Key figures of SCHRIJNWERKERIJ DENOLF, 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 SCHRIJNWERKERIJ DENOLF?
What happened at SCHRIJNWERKERIJ DENOLF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,557 (▼ € 90,066 vs 2024). Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,685 profit in 2022 to € 12,557 loss in 2025.
Paid € 76,431 in corporate taxes since 2022.
Best year ever: 2024, with € 77,508 profit.
On average € 85,300 of value added per employee in 2022.
Management
Behind SCHRIJNWERKERIJ DENOLF is Kristof Denolf.
Directors
According to the 2025 annual accounts
Kristof Denolf
Director
Establishments
Establishment units
Physical locations of this company
Wijnendalestraat 40
8820 Torhout
Wijnendalestraat 78
8820 Torhout
Active since 4 December 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Website info
Features
Security
Details
- Company number
- 0441.856.477
- VAT number
- BE 0441.856.477
- Registered office
- Wijnendalestraat 40, 8820 Torhout
- Names & denominations
- SCHRIJNWERKERIJ DENOLF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 1990
- Peppol
- Active · Active since 17 Jan 2024
- Contact
- schrijnwerkerij-denolf.be
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof