Financials
Financial year 2025
VAN GOETHEM from Lubbeek, company number BE0453611095, closed financial year 2025 with a result of € 431,811 after tax. For that financial year VAN GOETHEM recorded a gross margin of € 1.2 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 419,887 to € 431,811. 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.
€ 3 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 431,811
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 43% 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 € 2.7 million.
People and assets in 2025
5.7
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 320,238
€ 56,200 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.
€ 815,286
▲ 78% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 824,646
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 194,861
▲ 130% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,014,656 | € 701,384 | € 985,575 | € 1,207,474 | ▲ 23% |
| Profit after taxes | € 467,608 | € 259,796 | € 419,887 | € 431,811 | ▲ 3% |
| Equity | € 1,936,617 | € 2,196,414 | € 2,616,300 | € 3,048,111 | ▲ 17% |
| Total debts | € 1,014,226 | € 882,897 | € 1,234,325 | € 1,651,668 | ▲ 34% |
| Cash | € 805,564 | € 855,823 | € 806,113 | € 1,151,985 | ▲ 43% |
| Land & buildings | € 193,194 | € 193,194 | € 193,194 | € 193,194 | |
| Retained profit | € 1,619,810 | € 1,879,606 | € 2,299,492 | € 2,731,303 | ▲ 19% |
| Bank debt | € 241,562 | € 159,504 | € 83,587 | € 0 | ▼ 100% |
| Balance sheet total | € 2,950,843 | € 3,079,311 | € 3,850,625 | € 4,699,779 | ▲ 22% |
| Employees (FTE) | 5 | 5 | 5.9 | 5.7 | ▼ 0.2 |
Key figures of VAN GOETHEM, 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 VAN GOETHEM?
What happened at VAN GOETHEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 431,811 (▲ 3% vs 2024). filed late Source: NBB ↗
- New establishment in Lubbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 467,608 profit in 2022 to € 431,811 profit in 2025.
Paid € 478,161 in corporate taxes since 2022.
Best year ever: 2022, with € 467,608 profit.
On average € 211,800 of value added per employee in 2025.
Management
Behind VAN GOETHEM are Andre Van Goethem, Gilbert Van Goethem and Louis Van Goethem. The same people are also behind VG TANKSERVICE. Andre Van Goethem is also behind NETELZEEP INVEST.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bollenberg(LUB) 33
3210 Lubbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0453.611.095
- VAT number
- BE 0453.611.095
- Registered office
- Bollenberg(LUB) 33, 3210 Lubbeek
- Names & denominations
- VAN GOETHEM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1994
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
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Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
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