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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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
'T SOETE HEEM from Izegem, company number BE0471662005, closed financial year 2026 with a result of € -24,559 after tax. For that financial year 'T SOETE HEEM recorded a gross margin of € 58,750 and equity of € 22,865. Compared with financial year 2025, the result moved from € -25,192 to € -24,559. The company made a loss. The buffer shrank hard: equity is 52 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 26, 2026.
€ 22,865
▼ 52% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,559
▲ 3 % less loss than in 2025
Profit after tax over the fiscal year.
€ 13,432
▲ 138% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -339,735.
Debts at end 2026
€ 515,977
▼ 8% vs 2025
€ 43,342 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 15,699
▲ 130% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 5,948
▲ 4% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 38,759 | € 41,794 | € 55,756 | € 58,750 | ▲ 5% |
| Profit after taxes | € -42,240 | € -43,111 | € -25,192 | € -24,559 | ▲ € 633 |
| Equity | € 115,728 | € 72,616 | € 47,424 | € 22,865 | ▼ 52% |
| Total debts | € 1,170,285 | € 1,174,279 | € 1,142,169 | € 1,109,155 | ▼ 3% |
| Cash | € 510 | € 2,792 | € 5,644 | € 13,432 | ▲ 138% |
| Land & buildings | € 1,270,953 | € 1,224,462 | € 1,161,433 | € 1,108,316 | ▼ 5% |
| Retained profit | € -246,872 | € -289,984 | € -315,176 | € -339,735 | ▼ € 24,559 |
| Bank debt | € 662,140 | € 606,200 | € 558,293 | € 515,977 | ▼ 8% |
| Balance sheet total | € 1,286,013 | € 1,246,896 | € 1,189,593 | € 1,132,020 | ▼ 5% |
Key figures of 'T SOETE HEEM, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to 'T SOETE HEEM?
What happened at 'T SOETE HEEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 24,559. Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,240 loss in 2023 to € 24,559 loss in 2026.
Paid € 1,301 in corporate taxes since 2023.
Management
Behind 'T SOETE HEEM are Joris Pieter De Gussem, Joris De Gussem and Carine De Smedt. Joris Pieter De Gussem is also behind De Gussem, VEFIPORC, PEHESTAT and APR Pharma.
Directors
According to the 2026 annual accounts
Joris De Gussem
Director
Carine De Smedt
Director
Establishments
Establishment units
Physical locations of this company
Sasstraat 10
8870 Izegem
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.
Details
- Company number
- 0471.662.005
- VAT number
- BE 0471.662.005
- Registered office
- Sasstraat 10, 8870 Izegem
- Names & denominations
- 'T SOETE HEEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 2000
- Peppol
- Active · Active since 20 Nov 2020
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