Financials
Financial year 2025
B.V.B.A. NOEL DE WAELE from Tielt, company number BE0445203571, closed financial year 2025 with a result of € 214,459 after tax. For that financial year B.V.B.A. NOEL DE WAELE recorded revenue of € 11.3 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 437,118 to € 214,459. The company is profitable. 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 July 29, 2026.
€ 3.7 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 214,459
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 114% 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 € 3.7 million.
People and assets in 2025
40.2
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 11% vs 2024
€ 65,500 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.
€ 665,466
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 786,355
▼ 21% vs 2024
€ 129,676 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.4 million
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.
€ 39,625
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 10,376,441 | € 10,941,397 | € 11,271,064 | ▲ 3% |
| Gross margin | € 3,749,841 | - | - | - | |
| Profit after taxes | € 733,506 | € 469,859 | € 437,118 | € 214,459 | ▼ 51% |
| Equity | € 3,048,297 | € 3,418,156 | € 3,855,274 | € 3,685,625 | ▼ 4% |
| Total debts | € 2,519,776 | € 2,302,792 | € 2,435,609 | € 2,208,870 | ▼ 9% |
| Cash | € 742,035 | € 1,184,470 | € 740,055 | € 1,582,500 | ▲ 114% |
| Land & buildings | € 797,712 | € 747,601 | € 697,490 | € 664,425 | ▼ 5% |
| Retained profit | € 3,029,697 | € 3,399,556 | € 3,836,674 | € 3,667,025 | ▼ 4% |
| Bank debt | € 1,055,966 | € 906,976 | € 991,195 | € 786,355 | ▼ 21% |
| Balance sheet total | € 5,568,073 | € 5,720,948 | € 6,290,883 | € 5,894,496 | ▼ 6% |
| Employees (FTE) | 43.7 | 43.9 | 40.6 | 40.2 | ▼ 0.4 |
Key figures of B.V.B.A. NOEL DE WAELE, 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 B.V.B.A. NOEL DE WAELE?
What happened at B.V.B.A. NOEL DE WAELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 214,459 (▼ 51% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 733,506 profit in 2022 to € 214,459 profit in 2025.
Paid € 706,824 in corporate taxes since 2022.
Best year ever: 2022, with € 733,506 profit.
On average € 85,800 of value added per employee in 2022.
A new publication or filing at B.V.B.A. NOEL DE WAELE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind B.V.B.A. NOEL DE WAELE is XAVIER DE WAELE.
Directors
According to the 2025 annual accounts
XAVIER DE WAELE
Manager
Establishments
Establishment units
Physical locations of this company
Astridlaan 17
8760 Tielt
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
Self-hosted
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0445.203.571
- VAT number
- BE 0445.203.571
- Registered office
- Astridlaan 17, 8760 Tielt
- Names & denominations
- B.V.B.A. NOEL DE WAELE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 1991
- Peppol
- Active · Active since 29 Aug 2023
- Contact
- ijzervlechtwerken.be
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair