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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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TEAKSTORE.BE from Zottegem, company number BE0451893504, closed financial year 2025 with a result of € 24,612 after tax. For that financial year TEAKSTORE.BE recorded a gross margin of € 375,082 and equity of € 359,382. Compared with financial year 2024, the result moved from € 5,681 to € 24,612. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 2, 2026.
€ 359,382
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,612
▲ € 18,931 vs 2024
Profit after tax over the fiscal year.
€ 34,256
▼ 3% 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 € 214,382.
People and assets in 2025
5.5
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 231,638
▲ 13% vs 2024
€ 42,100 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.
€ 13,036
▲ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▲ 1% vs 2024
€ 431,041 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 80,769
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 152,080
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 326,612 | € 345,954 | € 325,271 | € 375,082 | ▲ 15% |
| Profit after taxes | € 1,000 | € 17,496 | € 5,681 | € 24,612 | ▲ € 18,931 |
| Equity | € 311,593 | € 329,089 | € 334,770 | € 359,382 | ▲ 7% |
| Total debts | € 2,393,505 | € 2,126,421 | € 2,072,397 | € 2,173,727 | ▲ 5% |
| Cash | € 70,531 | € 114,642 | € 35,464 | € 34,256 | ▼ 3% |
| Land & buildings | € 1,117,629 | € 1,088,195 | € 1,057,450 | € 1,032,421 | ▼ 2% |
| Retained profit | € 166,593 | € 184,089 | € 189,770 | € 214,382 | ▲ 13% |
| Bank debt | € 1,585,882 | € 1,493,633 | € 1,527,853 | € 1,541,934 | ▲ 1% |
| Balance sheet total | € 2,705,098 | € 2,455,509 | € 2,407,166 | € 2,533,108 | ▲ 5% |
| Employees (FTE) | 5 | 5.3 | 5.2 | 5.5 | ▲ 0.3 |
Key figures of TEAKSTORE.BE, 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 TEAKSTORE.BE?
What happened at TEAKSTORE.BE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Walter Vermeulen stepped down as director. NBB
- Els Vermeulen stepped down as director. NBB
- Wendy Vermeulen stepped down as director. NBB
- Marie José Goeteyn stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 24,612 (▲ € 18,931 vs 2024). Source: NBB ↗
- New establishment in Brakel. KBO
- Walter Vermeulen became a director. NBB
- Els Vermeulen became a director. NBB
In short
From € 1,000 profit in 2022 to € 24,612 profit in 2025.
Paid € 25,653 in corporate taxes since 2022.
Best year ever: 2025, with € 24,612 profit.
On average € 68,200 of value added per employee in 2025.
A new publication or filing at TEAKSTORE.BE? 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
The stake of VDR INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TEAKSTORE.BEThe shares are held by VDR INVEST (50%).
Directors
According to the 2025 annual accounts
since 2021 · until 2027
since 2021 · until 2027
since 2021 · until 2027
since 2021 · until 2027
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Provinciebaan 180
9620 Zottegem
Oostendse Steenweg 187
8000 Brugge
Active since 11 January 2016
Groenstraat 3
9660 Brakel
Active since 1 July 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Features
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Details
- Company number
- 0451.893.504
- VAT number
- BE 0451.893.504
- Registered office
- Provinciebaan 180, 9620 Zottegem
- Names & denominations
- TEAKSTORE.BE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 1993
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- teakstore.be
- Activities · NACE
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