Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 41.1 to 34.9.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
MISTRAL HOME from Nazareth-De Pinte, company number BE0449881149, closed financial year 2025 with a result of € 58,744 after tax. For that financial year MISTRAL HOME recorded revenue of € 35.3 million and equity of € 17.2 million. Compared with financial year 2024, the result moved from € -1.2 million to € 58,744. 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 October 16, 2026.
€ 17.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 58,744
▲ still € 1.2 million loss in 2024
Profit after tax over the fiscal year.
€ 3.1 million
▲ 31% 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 € 16.9 million.
People and assets in 2025
34.9
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
€ 72,600 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.
€ 174,388
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13.9 million
▲ 86% vs 2024
€ 362,146 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 3.5 million
▲ 204% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 385,910
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 42,150,098 | € 33,453,758 | € 29,292,366 | € 35,304,236 | ▲ 21% |
| Profit after taxes | € -2,914,189 | € -448,567 | € -1,226,176 | € 58,744 | ▲ € 1.3 million |
| Equity | € 19,520,288 | € 18,365,137 | € 17,138,962 | € 17,197,706 | |
| Total debts | € 16,354,882 | € 8,465,372 | € 9,515,965 | € 18,608,857 | ▲ 96% |
| Cash | € 3,668,019 | € 2,650,646 | € 2,354,496 | € 3,093,672 | ▲ 31% |
| Land & buildings | € 3,420,170 | € 2,759,221 | € 2,438,421 | € 2,228,412 | ▼ 9% |
| Retained profit | € 19,267,688 | € 18,112,537 | € 16,886,362 | € 16,945,106 | |
| Bank debt | € 12,006,374 | € 5,798,908 | € 7,491,207 | € 13,902,720 | ▲ 86% |
| Balance sheet total | € 35,875,169 | € 26,830,509 | € 26,654,926 | € 35,806,563 | ▲ 34% |
| Employees (FTE) | 39.6 | 41.1 | 36.7 | 34.9 | ▼ 1.8 |
Key figures of MISTRAL HOME, fiscal years 2021 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 MISTRAL HOME?
What happened at MISTRAL HOME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marie-Claire De Clercq stepped down as director. NBB
- Filip Vanderbauwhede stepped down as director. NBB
- Ann Vanderbauwhede stepped down as director. NBB
- Luc Vanderbauwhede stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Marie-Claire De Clercq became a director. NBB
- Filip Vanderbauwhede became a director. NBB
- Ann Vanderbauwhede became a director. NBB
In short
From € 2.9 million loss in 2021 to € 58,744 profit in 2025.
Paid € 14,660 in corporate taxes since 2021.
Best year ever: 2025, with € 58,744 profit.
Pays suppliers within 36 days on average.
Management
It owns 99.6% of Timberdry itself.
Directors
According to the 2025 annual accounts
Marie-Claire De Clercq
Managing director
Also active at: TIMBERDRY, MISTRAL HOME INTERNATIONAL, M.H. - RETAIL
since 2024 · until 2029
Filip Vanderbauwhede
Managing director
Also active at: TIMBERDRY, MISTRAL HOME INTERNATIONAL, M.H. - RETAIL
since 2024 · until 2029
Ann Vanderbauwhede
Managing director
Also active at: TIMBERDRY, MISTRAL HOME INTERNATIONAL, M.H. - RETAIL
since 2024 · until 2029
Luc Vanderbauwhede
Managing director
Also active at: TIMBERDRY, MISTRAL HOME INTERNATIONAL, M.H. - RETAIL
since 2024 · until 2029
Establishments
Establishment units
Physical locations of this company
Karreweg 15
9810 Nazareth-De Pinte
Karrewegstraat 114
9800 Deinze
Active since 1 January 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.881.149
- VAT number
- BE 0449.881.149
- Registered office
- Karreweg 15, 9810 Nazareth-De Pinte
- Names & denominations
- MISTRAL HOME · M.H.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 April 1993
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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