Financials
Financial year 2025
Military Sport Academy from Gent, company number BE0505608936, closed financial year 2025 with a result of € 30,486 after tax. For that financial year Military Sport Academy recorded a gross margin of € 101,009 and equity of € 119,460. Compared with financial year 2024, the result moved from € 10,091 to € 30,486. 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 July 1, 2026.
€ 119,460
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,486
▲ 202% vs 2024
Profit after tax over the fiscal year.
€ 42,403
▲ 160% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10,542 paid out
35 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.9
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 41,070
▼ 1% 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.
€ 8,385
▲ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,596
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,323
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,481 | € 79,566 | € 65,933 | € 101,009 | ▲ 53% |
| Profit after taxes | € 4,902 | € 38,150 | € 10,091 | € 30,486 | ▲ 202% |
| Equity | € 51,275 | € 89,426 | € 99,516 | € 119,460 | ▲ 20% |
| Total debts | € 15,522 | € 14,266 | € 15,472 | € 14,949 | ▼ 3% |
| Cash | € 17,981 | € 18,002 | € 16,322 | € 42,403 | ▲ 160% |
| Retained profit | € 41,275 | € 79,426 | € 89,516 | € 109,460 | ▲ 22% |
| Dividend | € 0 | € 0 | € 0 | € 10,542 | |
| Balance sheet total | € 66,797 | € 103,691 | € 114,988 | € 134,410 | ▲ 17% |
| Employees (FTE) | 0.3 | 0.5 | 1.2 | 0.9 | ▼ 0.3 |
Key figures of Military Sport Academy, 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 Military Sport Academy?
What happened at Military Sport Academy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,486 (▲ 202% vs 2024). Source: NBB ↗
- Robbie De Meyer became a director. NBB
- New establishment in Gent. KBO
- Geoffrey Vandewege became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,902 profit in 2022 to € 30,486 profit in 2025.
Paid € 27,837 in corporate taxes since 2022.
Best year ever: 2023, with € 38,150 profit.
On average € 54,900 of value added per employee in 2024.
Management
Behind Military Sport Academy are Geoffrey Vandewege and Robbie De Meyer. Robbie De Meyer is also behind Prodinno.
Directors
According to the 2025 annual accounts
Geoffrey Vandewege
Director
since 2014
since 2022
Establishments
Establishment units
Physical locations of this company
Heiveldstraat 172
9040 Gent
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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
militarysportacademy.com
Registered
2014-10-28
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-10-28
Website info
Features
Security
Details
- Company number
- 0505.608.936
- VAT number
- BE 0505.608.936
- Registered office
- Heiveldstraat 172, 9040 Gent
- Names & denominations
- Military Sport Academy · M.S.A.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 November 2014
- Peppol
- Active · Active since 28 Aug 2024
- Contact
- militarysportacademy.com
- Activities · NACE
Activiteiten van fitnesscentra
Exploitatie van sportaccommodaties
Detailhandel in overige sportartikelen
Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels