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 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE VOORKANT from Gent, company number BE0451015257, closed financial year 2025 with a result of € 721,566 after tax. For that financial year DE VOORKANT recorded a gross margin of € 1.2 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € -17,491 to € 721,566. 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 May 29, 2026.
€ 4.1 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 721,566
▲ still € 17,491 loss in 2024
Profit after tax over the fiscal year.
€ 24,658
▼ 77% 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 € 1.6 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,554
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7 million
▲ 4% vs 2024
€ 256,551 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 1,932
▼ € 1 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,000
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,656 | € 630,453 | € 965,256 | € 1,210,404 | ▲ 25% |
| Profit after taxes | € -97,832 | € 325,933 | € -17,491 | € 721,566 | ▲ € 739,057 |
| Equity | € 1,710,470 | € 2,036,403 | € 3,401,691 | € 4,123,257 | ▲ 21% |
| Total debts | € 3,311,245 | € 2,842,094 | € 7,749,285 | € 7,033,153 | ▼ 9% |
| Cash | € 9,334 | € 33,801 | € 108,131 | € 24,658 | ▼ 77% |
| Land & buildings | € 3,250,629 | € 3,180,644 | € 9,516,601 | € 10,255,697 | ▲ 8% |
| Retained profit | € 612,970 | € 938,903 | € 921,411 | € 1,642,977 | ▲ 78% |
| Bank debt | € 3,297,509 | € 2,835,847 | € 6,730,269 | € 7,020,957 | ▲ 4% |
| Balance sheet total | € 5,353,848 | € 5,340,016 | € 11,744,177 | € 11,727,945 |
Key figures of DE VOORKANT, 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 DE VOORKANT?
What happened at DE VOORKANT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marthe Vandenabeele stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 721,566. Source: NBB ↗
- Marthe Vandenabeele became a director. NBB
- Isabelle De Bruyn became a director. NBB
- Ignaas Vandenabeele became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 97,832 loss in 2022 to € 721,566 profit in 2025.
Paid € 8,364 in corporate taxes since 2022.
Best year ever: 2025, with € 721,566 profit.
Management
The stake of SOUVERAIN 400 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DE VOORKANTBehind DE VOORKANT are Isabelle De Bruyn and Ignaas Vandenabeele. The shares are held by SOUVERAIN 400 (100%). It owns 25% of Mavimer Construct and 25% of Mavimer Invest itself.
Directors
According to the 2025 annual accounts
Isabelle De Bruyn
Director
Also active at: IMMOTRION, VANDEN BRUYN, CANAL PROPERTIES, SOUVERAIN 400, TARGET INVEST, DEBINCO, EVERSITE, CANAL CONSTRUCT +5 more
since 2020
Ignaas Vandenabeele
Director
Also active at: IMMOTRION, VANDEN BRUYN, CANAL PROPERTIES, SOUVERAIN 400, TARGET INVEST, EVERSITE, CANAL CONSTRUCT, BLEU +6 more
since 2020
Marthe Vandenabeele
Director
since 2023 · until 2028
Shareholders
100%
Participations
25%
Establishments
Establishment units
Physical locations of this company
Gordunakaai 87
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →IMMOTRION same network
€ 236,982 gross margin · 2025
VANDEN BRUYN same network
€ 304,268 gross margin · 2025
CANAL PROPERTIES same network
€ 1.5 million gross margin · 2025
TARGET INVEST same network
€ -1,604 gross margin · 2025
EVERSITE same network
€ -2,696 gross margin · 2025
+4 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
- 0451.015.257
- VAT number
- BE 0451.015.257
- Registered office
- Gordunakaai 87, 9000 Gent
- Names & denominations
- DE VOORKANT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1993
- Peppol
- Active · Active since 12 Jan 2026