Financials
Financial year 2025
TENHOVE from Tielt, company number BE0649782115, closed financial year 2025 with a result of € 198,619 after tax. For that financial year TENHOVE recorded a gross margin of € 411,187 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 103,955 to € 198,619. 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 December 8, 2025.
€ 1.9 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 198,619
▲ 91% vs 2024
Profit after tax over the fiscal year.
€ 147,694
▲ € 143,651 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 € 1.6 million.
Debts at end 2025
€ 384,075
▼ 13% vs 2024
€ 56,900 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 56,536
▲ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,600
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 | € 320,135 | - | - | - | |
| Gross margin | - | € 265,464 | € 294,212 | € 411,187 | ▲ 40% |
| Profit after taxes | € 105,637 | € 87,445 | € 103,955 | € 198,619 | ▲ 91% |
| Equity | € 1,491,808 | € 1,579,253 | € 1,683,208 | € 1,881,827 | ▲ 12% |
| Total debts | € 806,114 | € 795,064 | € 567,250 | € 474,211 | ▼ 16% |
| Cash | € 818,210 | € 266,927 | € 4,043 | € 147,694 | ▲ € 143,651 |
| Land & buildings | € 1,432,556 | € 2,065,657 | € 2,190,770 | € 2,133,566 | ▼ 3% |
| Retained profit | € 1,225,190 | € 1,312,635 | € 1,416,591 | € 1,615,210 | ▲ 14% |
| Bank debt | € 554,775 | € 497,875 | € 440,975 | € 384,075 | ▼ 13% |
| Balance sheet total | € 2,297,922 | € 2,374,317 | € 2,250,458 | € 2,356,039 | ▲ 5% |
| Employees (FTE) | 0.8 | 0.7 | 0 | - |
Key figures of TENHOVE, 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 January 2027.
What happened to TENHOVE?
What happened at TENHOVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 198,619 (▲ 91% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 105,637 profit in 2022 to € 198,619 profit in 2025.
Paid € 171,767 in corporate taxes since 2022.
Best year ever: 2025, with € 198,619 profit.
Management
The stake of DE POELBERG comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TENHOVEBehind TENHOVE are Debruma BV, Caroline Van Bruwaene, Delavi NV and Guy Vandenberghe. The shares are held by DE POELBERG (88.3%).
Directors
According to the 2025 annual accounts
Caroline Van Bruwaene
Director
Guy Vandenberghe
Director
Shareholders
88.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tenhovestraat 10
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
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Details
- Company number
- 0649.782.115
- VAT number
- BE 0649.782.115
- Registered office
- Tenhovestraat 10, 8700 Tielt
- Names & denominations
- TENHOVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2016
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- delavi.be
- Activities · NACE
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