Financials
Financial year 2025
TORGUN from Aalter, company number BE0525939146, closed financial year 2025 with a result of € 72,011 after tax. For that financial year TORGUN recorded a gross margin of € 132,750 and equity of € 341,216. Compared with financial year 2024, the result moved from € 54,534 to € 72,011. 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 February 27, 2026.
€ 341,216
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 72,011
▲ 32% vs 2024
Profit after tax over the fiscal year.
€ 40,630
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 46,919 paid out
65 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 1,317
▼ 42% 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.
€ 3,122
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 54,224
▼ 32% vs 2024
€ 26,068 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 39,022
▲ € 35,947 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,188
▲ 277% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 67,625 | € 83,259 | € 110,270 | € 132,750 | ▲ 20% |
| Profit after taxes | € 10,058 | € 33,763 | € 54,534 | € 72,011 | ▲ 32% |
| Equity | € 270,422 | € 304,184 | € 316,124 | € 341,216 | ▲ 8% |
| Total debts | € 192,484 | € 159,438 | € 168,320 | € 171,005 | ▲ 2% |
| Cash | € 16,057 | € 36,437 | € 71,897 | € 40,630 | ▼ 43% |
| Land & buildings | € 394,454 | € 382,406 | € 381,413 | € 379,028 | ▼ 1% |
| Retained profit | € 254,922 | € 288,684 | € 300,624 | € 325,716 | ▲ 8% |
| Dividend | € 25,000 | € 0 | € 42,595 | € 46,919 | ▲ 10% |
| Bank debt | € 130,523 | € 105,404 | € 79,972 | € 54,224 | ▼ 32% |
| Balance sheet total | € 462,905 | € 463,623 | € 484,443 | € 512,220 | ▲ 6% |
Key figures of TORGUN, 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 TORGUN?
What happened at TORGUN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 72,011 (▲ 32% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- New establishment in Aalter. KBO
- Nathalie Gunst became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,058 profit in 2022 to € 72,011 profit in 2025.
Paid € 64,437 in corporate taxes since 2022.
Best year ever: 2025, with € 72,011 profit.
Paid out € 114,514 in dividends to the owners in total.
Management
Behind TORGUN is Nathalie Gunst. Nathalie Gunst is also behind MERCATOR MARINA.
Directors
According to the 2025 annual accounts
since 2013
Establishments
Establishment units
Physical locations of this company
Middelweg 95
9880 Aalter
Sloepenstraat 17
8400 Oostende
Active since 1 July 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0525.939.146
- VAT number
- BE 0525.939.146
- Registered office
- Middelweg 95, 9880 Aalter
- Names & denominations
- TORGUN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 2013
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Activiteiten van stedebouwkundige en tuin- en landschapsarchitecten
Ingenieurs en aanverwante technische adviseurs, exclusief landmeters
Sport- en recreatieonderwijs