Financials
Financial year 2025
Lars Soetewey from Tielt-Winge, company number BE0444118458, closed financial year 2025 with a result of € 99 after tax. For that financial year Lars Soetewey recorded a gross margin of € 22,470 and equity of € 37,280. Compared with financial year 2024, the result moved from € 1,034 to € 99. The company is profitable. 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 December 24, 2025.
€ 37,280
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 99
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 7,363
▲ 92% 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 € 12,332.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 38,244
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 30,281
▼ 28% vs 2024
€ 12,404 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,657
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,833
▼ 8% vs 2024
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 | € 19,745 | € 21,553 | € 24,865 | € 22,470 | ▼ 10% |
| Profit after taxes | € 7,339 | € 4,657 | € 1,034 | € 99 | ▼ 90% |
| Equity | € 38,490 | € 36,147 | € 37,181 | € 37,280 | |
| Total debts | € 10,790 | € 57,386 | € 45,602 | € 33,771 | ▼ 26% |
| Cash | € 11,268 | € 18,863 | € 3,830 | € 7,363 | ▲ 92% |
| Retained profit | € 13,543 | € 11,200 | € 12,233 | € 12,332 | ▲ 1% |
| Dividend | € 0 | € 7,000 | € 0 | € 0 | |
| Bank debt | € 7,093 | € 53,807 | € 42,253 | € 30,281 | ▼ 28% |
| Balance sheet total | € 49,281 | € 93,533 | € 82,783 | € 71,051 | ▼ 14% |
Key figures of Lars Soetewey, 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 January 2027.
What happened to Lars Soetewey?
What happened at Lars Soetewey in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 99 (▼ 90% vs 2024). Source: NBB ↗
- New establishment in Tielt-Winge. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,339 profit in 2022 to € 99 profit in 2025.
Paid € 4,912 in corporate taxes since 2022.
Best year ever: 2022, with € 7,339 profit.
Paid out € 7,000 in dividends to the owners in total.
Management
Behind Lars Soetewey is Lars Soetewey.
Directors
According to the 2025 annual accounts
Lars Soetewey
Director
Establishments
Establishment units
Physical locations of this company
Kiekenbosstraat 20
3390 Tielt-Winge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.118.458
- VAT number
- BE 0444.118.458
- Registered office
- Kiekenbosstraat 20, 3390 Tielt-Winge
- Names & denominations
- Lars Soetewey
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 1991
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Elektrische installatie
Overige gespecialiseerde bouwwerkzaamheden
Algemene elektrotechnische installatiewerken