Financials
Financial year 2025
STRETCHED.BE from Wingene, company number BE0568692984, closed financial year 2025 with a result of € 2,235 after tax. For that financial year STRETCHED.BE recorded a gross margin of € 422,643 and equity of € 270,833. Compared with financial year 2024, the result moved from € 6,850 to € 2,235. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 270,833
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,235
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 194,777
▼ 23% 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 € 258,433.
People and assets in 2025
2.8
Average over the fiscal year, from the social balance sheet.
€ 128,152
▲ 22% vs 2024
€ 45,800 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.
€ 77,332
▲ 31% vs 2024
Of which on lease € 49,083.
Debts at end 2025
€ 556,463
▲ 41% vs 2024
€ 164,302 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 48,389
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,884
▼ 26% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 335,319 | € 402,658 | € 388,696 | € 422,643 | ▲ 9% |
| Profit after taxes | € 155,986 | € 66,310 | € 6,850 | € 2,235 | ▼ 67% |
| Equity | € 269,587 | € 335,897 | € 342,747 | € 270,833 | ▼ 21% |
| Total debts | € 231,276 | € 484,775 | € 495,476 | € 614,290 | ▲ 24% |
| Cash | € 298,713 | € 236,088 | € 251,425 | € 194,777 | ▼ 23% |
| Land & buildings | € 738 | € 692 | € 646 | € 600 | ▼ 7% |
| Retained profit | € 257,187 | € 323,497 | € 330,347 | € 258,433 | ▼ 22% |
| Bank debt | € 131,051 | € 367,811 | € 395,965 | € 556,463 | ▲ 41% |
| Balance sheet total | € 500,863 | € 820,672 | € 838,222 | € 885,123 | ▲ 6% |
| Employees (FTE) | - | - | - | 2.8 |
By gross margin, STRETCHED.BE ranks 4th of 19 companies with main activity “Ontwerp en bouw van podia en decors” in West Flanders that publish figures (fiscal year 2025).
Key figures of STRETCHED.BE, 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.
Ask about STRETCHED.BE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to STRETCHED.BE?
What happened at STRETCHED.BE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,235 (▼ 67% vs 2024). filed late Source: NBB ↗
- Fiebe De Vriese became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Wingene. KBO
- Dennis Desmet became a director. NBB
In short
From € 155,986 profit in 2022 to € 2,235 profit in 2025.
Paid € 86,400 in corporate taxes since 2022.
Best year ever: 2022, with € 155,986 profit.
On average € 150,900 of value added per employee in 2025.
Management
Behind STRETCHED.BE are Fiebe De Vriese and Dennis Desmet.
Directors
According to the 2025 annual accounts
Fiebe De Vriese
Director
since 2023
Dennis Desmet
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Tijl en Nelestraat 5
8750 Wingene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in West Flanders
Same main activity (Ontwerp en bouw van podia en decors), 33 active companies in West Flanders, largest first.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DESMET Dennis(enige vennoot) 100%
Details
- Company number
- 0568.692.984
- VAT number
- BE 0568.692.984
- Registered office
- Tijl en Nelestraat 5, 8750 Wingene
- Names & denominations
- STRETCHED.BE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2015
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Ontwerp en bouw van podia en decors
Grafisch ontwerp en visuele communicatie
Ontwerp en bouw van podia
Activiteiten van grafische designers
Overige gespecialiseerde ontwerpactiviteiten
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Drukken van dagbladen
Overige fotografische activiteiten
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