Financials
Financial year 2025
B MINUS from Kortrijk, company number BE0471563025, closed financial year 2025 with a result of € 5,317 after tax. For that financial year B MINUS recorded a gross margin of € 564,470 and equity of € 259,365. Compared with financial year 2024, the result moved from € 10,219 to € 5,317. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 259,365
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,317
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 48,279
▲ € 44,480 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 € 239,265.
People and assets in 2025
6.1
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 379,319
▼ 51% vs 2024
€ 62,200 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.
€ 61,497
▲ 15% vs 2024
Of which on lease € 22,080.
Debts at end 2025
€ 449,494
▼ 13% vs 2024
€ 112,104 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 38,438
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,047
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 426,705 | € 406,807 | € 1,053,347 | € 564,470 | ▼ 46% |
| Profit after taxes | € 38,584 | € 3,182 | € 10,219 | € 5,317 | ▼ 48% |
| Equity | € 240,647 | € 243,829 | € 254,048 | € 259,365 | ▲ 2% |
| Total debts | € 833,208 | € 871,780 | € 849,038 | € 716,226 | ▼ 16% |
| Cash | € 1,420 | € 6,278 | € 3,799 | € 48,279 | ▲ € 44,480 |
| Land & buildings | € 517,706 | € 488,961 | € 420,775 | € 395,934 | ▼ 6% |
| Retained profit | € 220,547 | € 223,729 | € 233,948 | € 239,265 | ▲ 2% |
| Bank debt | € 594,829 | € 569,405 | € 518,453 | € 449,494 | ▼ 13% |
| Balance sheet total | € 1,073,855 | € 1,115,609 | € 1,103,087 | € 975,591 | ▼ 12% |
| Employees (FTE) | 6.4 | - | 6.6 | 6.1 | ▼ 0.5 |
Key figures of B MINUS, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 29 July 2027.
What happened to B MINUS?
What happened at B MINUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,317 (▼ 48% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Carine Esprit became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 38,584 profit in 2021 to € 5,317 profit in 2025.
Paid € 27,805 in corporate taxes since 2021.
Best year ever: 2021, with € 38,584 profit.
On average € 92,500 of value added per employee in 2025.
Management
Behind B MINUS is Carine Esprit.
Directors
According to the 2025 annual accounts
Carine Esprit
Director
since 2000
Establishments
Establishment units
Physical locations of this company
Doenaertstraat(Mar) 8
8510 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.563.025
- VAT number
- BE 0471.563.025
- Registered office
- Doenaertstraat(Mar) 8, 8510 Kortrijk
- Names & denominations
- B MINUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2000
- Peppol
- Active · Active since 11 Sept 2025
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof