Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
37 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Bilkhage from Wortegem-Petegem, company number BE0551956328, closed financial year 2025 with a result of € 824,285 after tax. For that financial year Bilkhage recorded revenue of € 2.1 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € -231,938 to € 824,285. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 14, 2026.
€ 2.4 million
▲ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 824,285
▲ still € 231,938 loss in 2024
Profit after tax over the fiscal year.
€ 32,487
▲ 269% 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 € 2.4 million.
Debts at end 2025
€ 2.6 million
▼ 23% vs 2024
Loans from banks and other lenders, long and short.
€ 34,468
▼ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.
€ 120,597
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 2,105,154 | |
| Profit after taxes | € -6,603 | € -500,081 | € -231,938 | € 824,285 | ▲ € 1.1 million |
| Equity | € 2,288,798 | € 1,788,717 | € 1,556,779 | € 2,381,064 | ▲ 53% |
| Total debts | € 1,289 | € 3,358,447 | € 6,088,451 | € 5,411,724 | ▼ 11% |
| Cash | € 17,343 | € 9,187 | € 8,811 | € 32,487 | ▲ 269% |
| Land & buildings | - | € 3,935,335 | € 5,079,078 | € 3,502,986 | ▼ 31% |
| Retained profit | € 2,270,248 | € 1,770,167 | € 1,538,229 | € 2,362,514 | ▲ 54% |
| Bank debt | € 0 | € 3,320,000 | € 3,350,000 | € 2,571,638 | ▼ 23% |
| Balance sheet total | € 2,290,087 | € 5,147,163 | € 7,645,230 | € 7,792,788 | ▲ 2% |
Key figures of Bilkhage, 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 Bilkhage?
What happened at Bilkhage in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SEM NAESSENS stepped down as director. NBB
- ISABELLE VAN CAUWENBERGHE stepped down as director. NBB
- IMMO WINA NV stepped down as director. NBB
- DEROOSE PROJECTS NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 824,285. Source: NBB ↗
- SEM NAESSENS became a director. NBB
- ISABELLE VAN CAUWENBERGHE became a director. NBB
- IMMO WINA NV became a director. NBB
In short
From € 6,603 loss in 2022 to € 824,285 profit in 2025.
Paid € 31,266 in corporate taxes since 2022.
Best year ever: 2025, with € 824,285 profit.
Pays suppliers within 10 days on average.
Management
The stake of LCV INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BilkhageThe shares are held by LCV INVEST (100%). It owns 100% of Decota itself.
Directors
According to the 2025 annual accounts
SEM NAESSENS
Director
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, OLYMPIC FIRE +43 more
since 2025 · until 2030
since 2025 · until 2030
Director · represented by VEERLE NAESSENS
Also active at: LCV INVEST, DECOTA, LCV Development, MIK, ANFIBE TRADING
since 2025 · until 2030
Director · represented by DIRK DEROOSE
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +61 more
since 2025 · until 2030
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Kouter (E.) 3
9790 Wortegem-Petegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 37 companies are registered at this address.
All companies at this address →Bekaert Depla same network
URTEX same network
GOSSEYE same network
€ 2.4 million gross margin · 2025
WILLY NAESSENS INDUSTRIEBOUW same network
€ 334.3 million revenue · 2025
LCV INVEST same network
€ 13.6 million revenue · 2025
+32 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0551.956.328
- VAT number
- BE 0551.956.328
- Registered office
- Kouter (E.) 3, 9790 Wortegem-Petegem
- Names & denominations
- Bilkhage
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 2014
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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