Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 34.6 to 29.5.
Financials
Financial year 2025
Trappen Demunster from Kortrijk, company number BE0638985520, closed financial year 2025 with a result of € 795,801 after tax. For that financial year Trappen Demunster recorded a gross margin of € 3.4 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 1.3 million to € 795,801. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 3.7 million
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 795,801
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 978,206
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.9 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
29.5
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 6% vs 2024
€ 73,000 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.
€ 232,360
▼ 19% 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.
€ 342,539
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,395
▲ 75% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,706,780 | € 4,359,910 | € 3,768,274 | € 3,369,241 | ▼ 11% |
| Profit after taxes | € 1,057,131 | € 1,603,646 | € 1,271,280 | € 795,801 | ▼ 37% |
| Equity | € 4,130,906 | € 4,213,476 | € 4,754,221 | € 3,690,332 | ▼ 22% |
| Total debts | € 1,129,624 | € 1,726,604 | € 1,769,016 | € 889,132 | ▼ 50% |
| Cash | € 803,263 | € 1,307,118 | € 2,493,368 | € 978,206 | ▼ 61% |
| Retained profit | € 4,065,906 | € 4,148,476 | € 4,689,221 | € 3,625,332 | ▼ 23% |
| Dividend | € 597,300 | € 1,521,076 | € 730,535 | € 1,859,690 | ▲ 155% |
| Bank debt | € 65,443 | € 43,628 | € 21,814 | € 0 | ▼ 100% |
| Balance sheet total | € 5,260,530 | € 5,940,080 | € 6,523,237 | € 4,579,464 | ▼ 30% |
| Employees (FTE) | 35.6 | 34.6 | 29.9 | 29.5 | ▼ 0.4 |
Key figures of Trappen Demunster, 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 Trappen Demunster?
What happened at Trappen Demunster in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 795,801 (▼ 37% vs 2024). Source: NBB ↗
- New establishment in Deerlijk. KBO
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 795,801 profit in 2025.
Paid € 689,346 in corporate taxes since 2022.
Best year ever: 2023, with € 1.6 million profit.
On average € 114,200 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of LES RASCASSES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Trappen DemunsterBehind Trappen Demunster are Les Rascasses BV and Lieven Demunster. The shares are held by LES RASCASSES (100%).
Directors
According to the 2025 annual accounts
Director · represented by Valerie De Volder
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waterven(Heu) 6
8501 Kortrijk
Kleine Brandstraat 101
8540 Deerlijk
Active since 23 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0638.985.520
- VAT number
- BE 0638.985.520
- Registered office
- Waterven(Heu) 6, 8501 Kortrijk
- Names & denominations
- Trappen Demunster
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 2015
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
Schrijnwerk