Financials
Financial year 2024
POTVLIEGE from Maldegem, company number BE0466613451, closed financial year 2024 with a result of € 104,339 after tax. For that financial year POTVLIEGE recorded a gross margin of € 657,116 and equity of € 704,250. Compared with financial year 2023, the result moved from € 91,390 to € 104,339. 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 August 19, 2025.
€ 704,250
▲ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 104,339
▲ 14% vs 2023
Profit after tax over the fiscal year.
€ 86,786
▲ 106% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 49,000 paid out
47 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
6.4
▲ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 420,230
▲ 19% vs 2023
€ 65,700 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.
€ 137,286
▲ 110% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 59,655
▲ 50% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 59,042
▲ 4% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 423,831 | € 455,112 | € 555,481 | € 657,116 | ▲ 18% |
| Profit after taxes | € 84,107 | € 102,106 | € 91,390 | € 104,339 | ▲ 14% |
| Equity | € 553,415 | € 620,521 | € 648,911 | € 704,250 | ▲ 9% |
| Total debts | € 254,026 | € 289,562 | € 265,745 | € 273,726 | ▲ 3% |
| Cash | € 177,146 | € 138,907 | € 42,028 | € 86,786 | ▲ 106% |
| Land & buildings | € 75,414 | € 64,761 | € 54,108 | € 69,053 | ▲ 28% |
| Retained profit | € 498,815 | € 565,921 | € 594,311 | € 649,650 | ▲ 9% |
| Dividend | € 45,000 | € 35,000 | € 63,000 | € 49,000 | ▼ 22% |
| Balance sheet total | € 807,441 | € 910,084 | € 914,657 | € 977,976 | ▲ 7% |
| Employees (FTE) | 4.8 | 5.2 | 5.9 | 6.4 | ▲ 0.5 |
Key figures of POTVLIEGE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to POTVLIEGE?
What happened at POTVLIEGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 104,339 (▲ 14% vs 2023). filed late Source: NBB ↗
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
- Peter Potvliege became a director. NBB
- Bart Potvliege became a director. NBB
In short
From € 84,107 profit in 2021 to € 104,339 profit in 2024.
Paid € 150,036 in corporate taxes since 2021.
Best year ever: 2024, with € 104,339 profit.
On average € 102,700 of value added per employee in 2024.
Management
Behind POTVLIEGE are Peter Potvliege and Bart Potvliege.
Directors
According to the 2024 annual accounts
Peter Potvliege
Manager
since 1999
Bart Potvliege
Manager
since 1999
Establishments
Establishment units
Physical locations of this company
Koning Leopoldlaan 71-A
9990 Maldegem
Koning Leopoldlaan 71 A
9990 Maldegem
Active since 31 August 1999
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.613.451
- VAT number
- BE 0466.613.451
- Registered office
- Koning Leopoldlaan 71-A, 9990 Maldegem
- Names & denominations
- POTVLIEGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 1999
- Peppol
- Active · Active since 8 Nov 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Algemene bouw van residentiële gebouwen
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Bouwen van individuele huizen
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