Financials
Financial year 2025
SPIESSENS from Tielt, company number BE0475767677, closed financial year 2025 with a result of € 118,166 after tax. For that financial year SPIESSENS recorded a gross margin of € 1.9 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 152,823 to € 118,166. 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 August 31, 2026.
€ 2.7 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 118,166
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 39,645
▲ 121% 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 € 2.7 million.
People and assets in 2025
25.2
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 3% vs 2024
€ 57,500 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.
€ 65,230
▼ 38% vs 2024
Of which on lease € 4,136.
Debts at end 2025
€ 1.5 million
▲ 64% vs 2024
€ 24,111 is repaid this year. At this pace the long-term loan is gone in ≈ 53 years.
€ 3.4 million
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 195,011
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,466,368 | € 1,637,770 | € 1,839,562 | € 1,867,637 | ▲ 2% |
| Profit after taxes | € 135,016 | € 148,516 | € 152,823 | € 118,166 | ▼ 23% |
| Equity | € 2,277,767 | € 2,426,284 | € 2,579,107 | € 2,697,272 | ▲ 5% |
| Total debts | € 4,729,662 | € 5,467,386 | € 5,422,404 | € 5,543,843 | ▲ 2% |
| Cash | € 20,082 | € 584,649 | € 17,947 | € 39,645 | ▲ 121% |
| Retained profit | € 2,259,167 | € 2,407,684 | € 2,560,507 | € 2,678,672 | ▲ 5% |
| Bank debt | € 1,424,217 | € 1,165,130 | € 898,307 | € 1,474,712 | ▲ 64% |
| Balance sheet total | € 7,007,429 | € 7,893,670 | € 8,001,511 | € 8,241,116 | ▲ 3% |
| Employees (FTE) | 18.8 | 20.2 | 25.1 | 25.2 | ▲ 0.1 |
Key figures of SPIESSENS, 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 SPIESSENS?
What happened at SPIESSENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 118,166 (▼ 23% vs 2024). filed late Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 135,016 profit in 2022 to € 118,166 profit in 2025.
Paid € 106,338 in corporate taxes since 2022.
Best year ever: 2024, with € 152,823 profit.
On average € 74,100 of value added per employee in 2025.
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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
The stake of FLAMINEX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPIESSENSBehind SPIESSENS is Conny Degryse. The shares are held by FLAMINEX (48.8%).
Directors
According to the 2025 annual accounts
Conny Degryse
Director
Also active at: Constructie Spiessens, MANAGEMENT CONSULTANCY OFFICE, DELICO, LESTCO, HERBORT, FLAMINEX, MAJAST
Shareholders
48.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tenhovestraat 6A
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0475.767.677
- VAT number
- BE 0475.767.677
- Registered office
- Tenhovestraat 6A, 8700 Tielt
- Names & denominations
- SPIESSENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2001
- Peppol
- Active · Active since 26 Mar 2026
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