Financials
Financial year 2025
TUBOGRO from Houthulst, company number BE0475491525, closed financial year 2025 with a result of € 1 million after tax. For that financial year TUBOGRO recorded a gross margin of € 1.9 million and equity of € 4.3 million. Compared with financial year 2024, the result moved from € 1 million to € 1 million. The company is profitable. 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 July 9, 2026.
€ 4.3 million
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 550,982
▼ 25% 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 € 3.9 million.
People and assets in 2025
3.9
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 178,622
▲ 26% vs 2024
€ 45,800 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.
€ 88,424
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 205,000
▼ 54% vs 2024
€ 110,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 131,957
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 372,923
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 888,559 | € 869,555 | € 1,960,094 | € 1,932,986 | ▼ 1% |
| Profit after taxes | € 311,577 | € 221,265 | € 1,031,942 | € 1,026,481 | ▼ 1% |
| Equity | € 2,025,047 | € 2,246,312 | € 3,278,254 | € 4,304,735 | ▲ 31% |
| Total debts | € 1,812,820 | € 1,337,369 | € 963,584 | € 938,402 | ▼ 3% |
| Cash | € 687,109 | € 440,317 | € 738,594 | € 550,982 | ▼ 25% |
| Land & buildings | € 1,671,083 | € 1,616,110 | € 1,569,186 | € 1,522,363 | ▼ 3% |
| Retained profit | € 1,606,447 | € 1,827,712 | € 2,859,654 | € 3,886,135 | ▲ 36% |
| Bank debt | € 1,048,500 | € 746,500 | € 444,500 | € 205,000 | ▼ 54% |
| Balance sheet total | € 3,848,329 | € 3,593,097 | € 4,250,270 | € 5,250,584 | ▲ 24% |
| Employees (FTE) | 3.3 | 3.1 | 3 | 3.9 | ▲ 0.9 |
Key figures of TUBOGRO, 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 TUBOGRO?
What happened at TUBOGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▼ 1% vs 2024). Source: NBB ↗
- New establishment in Houthulst. KBO
- Start of the company according to the CBE. KBO
In short
From € 311,577 profit in 2022 to € 1 million profit in 2025.
Paid € 816,065 in corporate taxes since 2022.
Best year ever: 2024, with € 1 million profit.
On average € 495,600 of value added per employee in 2025.
A new publication or filing at TUBOGRO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TUBOGRO are Rita Loncke and Marnix Laleman.
Directors
According to the 2025 annual accounts
Rita Loncke
Director
Marnix Laleman
Director
Establishments
Establishment units
Physical locations of this company
Bosdreef 2 box A
8650 Houthulst
Bosdreef 2 A
8650 Houthulst
Active since 26 November 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.491.525
- VAT number
- BE 0475.491.525
- Registered office
- Bosdreef 2 bus A, 8650 Houthulst
- Names & denominations
- TUBOGRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2001
- Peppol
- Active · Active since 14 May 2025
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
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