Active · per the CBE, 30 October 2026

DEMYTTENAERE

BE0477821703

Rechtspersoon Private limited company 2 establishments

DEMYTTENAERE is a shop in Ledegem. Private Limited, started on 25 June 2002, 2 establishments.

Kortrijkstraat 8, 8880 Ledegem

Behind the company: Geert Demyttenaere, Bart Demyttenaere.

Active for

24 year, 4 months

Financials

Financial year 2025

DEMYTTENAERE from Ledegem, company number BE0477821703, closed financial year 2025 with a result of € 93,458 after tax. For that financial year DEMYTTENAERE recorded a gross margin of € 215,989 and equity of € 551,091. Compared with financial year 2024, the result moved from € 87,316 to € 93,458. 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 March 26, 2026.

What it is worth Growing

€ 551,091

▲ 12% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 93,458

▲ 7% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 431,538

▲ 38% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 33,756 paid out

36 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 9,153

▲ 37% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 259,846

▲ 43% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 363,346

▼ 18% vs 2024

€ 109,009 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 453,538

▲ 17% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 5,541

▲ € 5,426 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 180,103 € 191,045 € 179,013 € 215,989 ▲ 21%
Profit after taxes € 89,948 € 107,442 € 87,316 € 93,458 ▲ 7%
Equity € 360,501 € 467,943 € 491,388 € 551,091 ▲ 12%
Total debts € 827,142 € 658,907 € 830,783 € 822,425 ▼ 1%
Cash € 280,071 € 301,044 € 312,837 € 431,538 ▲ 38%
Land & buildings € 201,372 € 205,692 € 203,800 € 184,666 ▼ 9%
Retained profit € 340,501 € 447,943 € 471,388 € 531,091 ▲ 13%
Dividend € 24,007 € 0 € 63,871 € 33,756 ▼ 47%
Bank debt € 214,084 € 187,090 € 441,761 € 363,346 ▼ 18%
Balance sheet total € 1,187,643 € 1,126,850 € 1,322,171 € 1,373,515 ▲ 4%

Key figures of DEMYTTENAERE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to DEMYTTENAERE?

What happened at DEMYTTENAERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 93,458 (▲ 7% vs 2024). Source: NBB ↗
  • New establishment in Lendelede. KBO
  • New establishment in Ledegem. KBO
  • Start of the company according to the CBE. KBO
  • Geert Demyttenaere became a director. NBB
  • Bart Demyttenaere became a director. NBB

In short

From € 89,948 profit in 2022 to € 93,458 profit in 2025.

Paid € 156,239 in corporate taxes since 2022.

Best year ever: 2023, with € 107,442 profit.

Paid out € 121,634 in dividends to the owners in total.

Management

Geert Demyttenaere Bart Demyttenaere
DEMYTTENAERE

Behind DEMYTTENAERE are Geert Demyttenaere and Bart Demyttenaere.

Directors

According to the 2025 annual accounts

Geert Demyttenaere

Director

since 2002

Bart Demyttenaere

Director

since 2002

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijkstraat 8

8880 Ledegem

2.245.561.480

Izegemsestraat 27

8860 Lendelede

Active since 1 January 2015

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0477.821.703
VAT number
BE 0477.821.703
Registered office
Kortrijkstraat 8, 8880 Ledegem
Names & denominations
DEMYTTENAERE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
25 June 2002
Peppol
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Frequently asked questions

What does DEMYTTENAERE do?
DEMYTTENAERE is a shop in Ledegem. Private Limited, started on 25 June 2002, 2 establishments.
What is the address of DEMYTTENAERE?
The registered office of DEMYTTENAERE is located at Kortrijkstraat 8, 8880 Ledegem.
Is DEMYTTENAERE still active?
Yes. According to the CBE (30 October 2026) DEMYTTENAERE is active, legal situation “Normale toestand”, started on 25 June 2002.
Is DEMYTTENAERE registered on Peppol?
Yes, DEMYTTENAERE is registered on the Peppol network with ID 0208:0477821703.
What is the enterprise number of DEMYTTENAERE?
The enterprise number of DEMYTTENAERE is BE0477821703.
When was DEMYTTENAERE founded?
DEMYTTENAERE was founded on 25 June 2002.