Financials
Financial year 2025
Teamswear/Intershoe from Ingelmunster, company number BE0453586153, closed financial year 2025 with a result of € 82,139 after tax. For that financial year Teamswear/Intershoe recorded a gross margin of € 721,682 and equity of € 504,867. Compared with financial year 2024, the result moved from € 37,380 to € 82,139. 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 30, 2025.
€ 504,867
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,139
▲ 120% vs 2024
Profit after tax over the fiscal year.
€ 215,031
▲ 48% 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 € 442,867.
People and assets in 2025
6
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 450,145
▲ 26% vs 2024
€ 75,000 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.
€ 156,694
▲ 13% vs 2024
Of which on lease € 155,811.
Debts at end 2025
€ 157,882
▲ 9% vs 2024
€ 40,939 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 387,685
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 138,051
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 267,251 | € 480,338 | € 520,303 | € 721,682 | ▲ 39% |
| Profit after taxes | € -44,479 | € 72,608 | € 37,380 | € 82,139 | ▲ 120% |
| Equity | € 312,740 | € 385,348 | € 422,728 | € 504,867 | ▲ 19% |
| Total debts | € 369,538 | € 435,598 | € 517,130 | € 683,619 | ▲ 32% |
| Cash | € 24,609 | € 55,153 | € 145,321 | € 215,031 | ▲ 48% |
| Retained profit | € 250,740 | € 323,348 | € 360,728 | € 442,867 | ▲ 23% |
| Bank debt | € 60,791 | € 41,759 | € 144,852 | € 157,882 | ▲ 9% |
| Balance sheet total | € 682,278 | € 820,946 | € 939,858 | € 1,188,486 | ▲ 26% |
| Employees (FTE) | 4.7 | 5 | 5.3 | 6 | ▲ 0.7 |
Key figures of Teamswear/Intershoe, 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 October 2026.
What happened to Teamswear/Intershoe?
What happened at Teamswear/Intershoe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bruno CNUDDE stepped down as director. NBB
- Julie CNUDDE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 82,139 (▲ 120% vs 2024). Source: NBB ↗
- Bruno CNUDDE became a director. NBB
- Julie CNUDDE became a director. NBB
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,479 loss in 2022 to € 82,139 profit in 2025.
Paid € 39,734 in corporate taxes since 2022.
Best year ever: 2025, with € 82,139 profit.
On average € 120,300 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Bruno CNUDDE
Managing director
since 2021 · until 2027
Julie CNUDDE
Managing director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat 121
8770 Ingelmunster
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
- 0453.586.153
- VAT number
- BE 0453.586.153
- Registered office
- Kortrijkstraat 121, 8770 Ingelmunster
- Names & denominations
- Teamswear/Intershoe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1994
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in schoeisel
Groothandel in schoeisel
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Groothandel in huishoudtextiel en beddengoed
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