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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GRONDWERKEN SOETAERT from Moorslede, company number BE0607946906, closed financial year 2025 with a result of € -8,250 after tax. For that financial year GRONDWERKEN SOETAERT recorded a gross margin of € 243,639 and equity of € 356,215. Compared with financial year 2024, the result moved from € -3,765 to € -8,250. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2025.
€ 356,215
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,250
▼ 119 % more loss than in 2024
Profit after tax over the fiscal year.
€ 80,752
▲ 232% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 332,793.
People and assets in 2025
€ 256,342
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 599,218
▼ 12% vs 2024
€ 163,105 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 91,473
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,974
▲ 212% 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 | € 277,472 | € 255,957 | € 246,956 | € 243,639 | ▼ 1% |
| Profit after taxes | € 85,198 | € 46,840 | € -3,765 | € -8,250 | ▼ € 4,486 |
| Equity | € 314,168 | € 373,408 | € 371,144 | € 356,215 | ▼ 4% |
| Total debts | € 761,185 | € 797,551 | € 848,950 | € 838,238 | ▼ 1% |
| Cash | € 35,230 | € 38,032 | € 24,348 | € 80,752 | ▲ 232% |
| Land & buildings | € 99,394 | € 94,356 | € 138,327 | € 129,167 | ▼ 7% |
| Retained profit | € 297,968 | € 344,808 | € 341,044 | € 332,793 | ▼ 2% |
| Bank debt | € 656,404 | € 644,908 | € 684,367 | € 599,218 | ▼ 12% |
| Balance sheet total | € 1,086,343 | € 1,179,985 | € 1,227,155 | € 1,199,549 | ▼ 2% |
Key figures of GRONDWERKEN SOETAERT, 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 October 2026.
What happened to GRONDWERKEN SOETAERT?
What happened at GRONDWERKEN SOETAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,250. Source: NBB ↗
- New establishment in Moorslede. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,198 profit in 2022 to € 8,250 loss in 2025.
Paid € 4,561 in corporate taxes since 2022.
Best year ever: 2022, with € 85,198 profit.
Management
Behind GRONDWERKEN SOETAERT is MATHIEU SOETAERT. MATHIEU SOETAERT is also behind S.D. Agri.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Dadizeelsestraat 123
8890 Moorslede
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.
Details
- Company number
- 0607.946.906
- VAT number
- BE 0607.946.906
- Registered office
- Dadizeelsestraat 123, 8890 Moorslede
- Names & denominations
- GRONDWERKEN SOETAERT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2015
- Peppol
- Active · Active since 22 Apr 2024
- Activities · NACE
Bouwrijp maken van terreinen
Bouw van bruggen en tunnels
Handelsbemiddeling in de groothandel in andere specifieke goederen
Ondersteunende activiteiten in verband met de teelt van gewassen
Groothandel in kunstmeststoffen en andere agrochemische producten
Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw
Landschapsverzorging
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
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