Financials
Financial year 2025
TEUGELS from Lebbeke, company number BE0462195003, closed financial year 2025 with a result of € 3.3 million after tax. For that financial year TEUGELS recorded revenue of € 58.5 million and equity of € 18 million. Compared with financial year 2024, the result moved from € 3.2 million to € 3.3 million. 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 December 5, 2025.
€ 18 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.3 million
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 193,328
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.3 million paid out
38 % of the profit went to the shareholders, mostly to Hempo BV (100 % of the shares). That is where the money ends up.
People and assets in 2025
29.2
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 7% vs 2024
€ 67,000 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.
€ 1.7 million
▼ 16% vs 2024
Of which on lease € 1.6 million.
Debts at end 2025
€ 5.8 million
▼ 15% vs 2024
€ 227,743 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 5.1 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 311,341
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 31,597,093 | € 68,365,116 | € 60,086,702 | € 58,547,759 | ▼ 3% |
| Profit after taxes | € 2,474,516 | € 3,439,278 | € 3,169,291 | € 3,317,048 | ▲ 5% |
| Equity | € 12,194,088 | € 14,422,855 | € 15,889,935 | € 17,954,772 | ▲ 13% |
| Total debts | € 9,842,849 | € 10,737,415 | € 13,977,205 | € 12,492,920 | ▼ 11% |
| Cash | € 2,893,622 | € 1,699,818 | € 337,216 | € 193,328 | ▼ 43% |
| Retained profit | € 10,754,388 | € 12,993,665 | € 14,462,956 | € 16,530,004 | ▲ 14% |
| Dividend | € 0 | € 1,200,000 | € 1,700,000 | € 1,250,000 | ▼ 26% |
| Bank debt | € 6,779,765 | € 5,136,041 | € 6,807,490 | € 5,788,046 | ▼ 15% |
| Balance sheet total | € 22,201,898 | € 25,320,795 | € 29,873,803 | € 30,453,426 | ▲ 2% |
| Employees (FTE) | 28.1 | 28.4 | 29.7 | 29.2 | ▼ 0.5 |
Key figures of TEUGELS, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to TEUGELS?
What happened at TEUGELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.3 million (▲ 5% vs 2024). Source: NBB ↗
- Hempo BV became a director. NBB
- H+ BV became a director. NBB
- New establishment in Lebbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.5 million profit in 2021 to € 3.3 million profit in 2025.
Paid € 3.1 million in corporate taxes since 2021.
Best year ever: 2023, with € 3.4 million profit.
Paid out € 4.2 million in dividends to the owners in total.
Management
The stake of Hempo BV comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TEUGELSBehind TEUGELS are Hempo BV and H+ BV. The shares are held by Hempo BV (100%). It owns 100% of Vleesgroothandel Rima itself.
Directors
According to the 2025 annual accounts
Director · represented by Hans HEMELAER
Also active at: VLEESGROOTHANDEL FLORU WILLIAM, TEUGELS INVEST
since 2022
Director · represented by Frederick HEMELAER
Also active at: VLEESGROOTHANDEL RIMA, TEUGELS INVEST, RIKSTRANS, HEMELAER
since 2022
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
D'Helst 14 box B
9280 Lebbeke
D'Helst 14 B
9280 Lebbeke
Active since 20 February 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0462.195.003
- VAT number
- BE 0462.195.003
- Registered office
- D'Helst 14 bus B, 9280 Lebbeke
- Names & denominations
- TEUGELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1997
- Peppol
- Active · Active since 7 Jul 2025
- Activities · NACE
Groothandel in vlees en vleeswaren, exclusief vlees van gevogelte en van wild
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte