Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BEETHOVEN CONSTRUCTIE from Koksijde, company number BE0441997524, closed financial year 2025 with a result of € 473,357 after tax. For that financial year BEETHOVEN CONSTRUCTIE recorded a gross margin of € 478,000 and equity of € 722,926. Compared with financial year 2024, the result moved from € -35,041 to € 473,357. 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 March 18, 2026.
€ 722,926
▲ 190% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 473,357
▲ still € 35,041 loss in 2024
Profit after tax over the fiscal year.
€ 149,512
▲ € 141,592 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 € 378,926.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 460,496
▼ 41% vs 2024
Loans from banks and other lenders, long and short.
€ 17,428
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 175
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 221,445 | € 49,263 | € -12,217 | € 478,000 | ▲ € 490,217 |
| Profit after taxes | € 210,007 | € 35,177 | € -35,041 | € 473,357 | ▲ € 508,398 |
| Equity | € 249,433 | € 284,610 | € 249,569 | € 722,926 | ▲ 190% |
| Total debts | € 106,361 | € 476,467 | € 1,293,395 | € 889,492 | ▼ 31% |
| Cash | € 91,531 | € 322,784 | € 7,919 | € 149,512 | ▲ € 141,592 |
| Retained profit | € -94,567 | € -59,390 | € -94,431 | € 378,926 | ▲ € 473,357 |
| Bank debt | € 0 | € 0 | € 782,261 | € 460,496 | ▼ 41% |
| Balance sheet total | € 355,794 | € 761,078 | € 1,542,965 | € 1,612,418 | ▲ 5% |
Key figures of BEETHOVEN CONSTRUCTIE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to BEETHOVEN CONSTRUCTIE?
What happened at BEETHOVEN CONSTRUCTIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 473,357. Source: NBB ↗
- Inez Vermeesch became a director. NBB
- Marc De Baenst stepped down as director. NBB
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 210,007 profit in 2022 to € 473,357 profit in 2025.
Best year ever: 2025, with € 473,357 profit.
Management
Behind BEETHOVEN CONSTRUCTIE are Erwin Vermeesch and Inez Vermeesch. The same people are also behind VERMEESCH ERWIN, GEMI HOLD and IMEG. Erwin Vermeesch is also behind BOUW- EN COORDINATIEBUREAU D & V, Zuidco, HaigCo, NovusCo and KOKSIJDE CONSTRUCT. Inez Vermeesch is also behind Sylt and INEZ VERMEESCH.
Directors
According to the 2025 annual accounts
Erwin Vermeesch
Managing director
Also active at: BOUW- EN COORDINATIEBUREAU D & V, VERMEESCH ERWIN, Zuidco, GEMI HOLD, HaigCo, NovusCo, KOKSIJDE CONSTRUCT, ZUIDBURG +1 more
since 2026
Marc De Baenst
Director
· until 2026
Establishments
Establishment units
Physical locations of this company
Berglaan(Kok) 16
8670 Koksijde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →BOUW- EN COORDINATIEBUREAU D & V same network
€ 136,190 gross margin · 2025
VERMEESCH ERWIN same network
€ 142,010 gross margin · 2025
GEMI HOLD same network
€ -1,428 gross margin · 2025
NovusCo same network
€ -3,373 gross margin · 2025
Sylt same network
€ 101,791 gross margin · 2025
+2 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
- 0441.997.524
- VAT number
- BE 0441.997.524
- Registered office
- Berglaan(Kok) 16, 8670 Koksijde
- Names & denominations
- BEETHOVEN CONSTRUCTIE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 1990
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
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