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 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LATEMWAARTS from Destelbergen, company number BE0454971966, closed financial year 2025 with a result of € 158,633 after tax. For that financial year LATEMWAARTS recorded a gross margin of € 585,156 and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 138,472 to € 158,633. 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 13, 2026.
€ 3.6 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 158,633
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 89,363
▲ 109% 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 € 3.2 million.
People and assets in 2025
€ 152,214
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 823,010
▼ 49% vs 2024
€ 76,433 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 73,711
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,238
▼ 59% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 443,802 | € 608,886 | € 586,090 | € 585,156 | |
| Profit after taxes | € 75,002 | € 175,923 | € 138,472 | € 158,633 | ▲ 15% |
| Equity | € 3,102,997 | € 3,278,920 | € 3,417,393 | € 3,576,026 | ▲ 5% |
| Total debts | € 2,838,374 | € 3,636,923 | € 3,324,032 | € 2,125,859 | ▼ 36% |
| Cash | € 18,196 | € 360,881 | € 42,694 | € 89,363 | ▲ 109% |
| Land & buildings | € 2,502,248 | € 2,461,247 | € 2,398,350 | € 2,318,386 | ▼ 3% |
| Retained profit | € 2,757,970 | € 2,933,893 | € 3,072,365 | € 3,230,998 | ▲ 5% |
| Dividend | € 9,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 985,887 | € 1,261,267 | € 1,609,707 | € 823,010 | ▼ 49% |
| Balance sheet total | € 6,371,595 | € 7,329,990 | € 7,139,494 | € 6,083,878 | ▼ 15% |
Key figures of LATEMWAARTS, 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 LATEMWAARTS?
What happened at LATEMWAARTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stephan Bostoen stepped down as director. NBB
- Anne-Sophie Desimpel stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 158,633 (▲ 15% vs 2024). Source: NBB ↗
- Stephan Bostoen became a director. NBB
- Anne-Sophie Desimpel became a director. NBB
- New establishment in Destelbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,002 profit in 2022 to € 158,633 profit in 2025.
Paid € 198,205 in corporate taxes since 2022.
Best year ever: 2023, with € 175,923 profit.
Paid out € 9,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Stephan Bostoen
Managing director
Also active at: Immobiliën Francis Bostoen, GULFCOM EUROPE, GOURMAND, ILO KEUKENS & INTERIEUR, Bostoen Group, DOSSCHE INVEST, Pebble wave, 2Grow +8 more
since 2023 · until 2029
Anne-Sophie Desimpel
Managing director
Also active at: OSMO REAL ESTATE, DE CEDERBOOM, ALUCLAEYS INVEST, EUROFINA, E.N.G. - INVEST, KRO INVEST, PATHOEKE PLUS, 7energy +1 more
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Aelmeersstraat(HEU) 7
9070 Destelbergen
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
- 0454.971.966
- VAT number
- BE 0454.971.966
- Registered office
- Aelmeersstraat(HEU) 7, 9070 Destelbergen
- Names & denominations
- LATEMWAARTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 1995
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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