Financials
Financial year 2025
De Spiegelaere & Sagaert from Ichtegem, company number BE0654726838, closed financial year 2025 with a result of € 28,235 after tax. For that financial year De Spiegelaere & Sagaert recorded a gross margin of € 69,311 and equity of € 239,808. Compared with financial year 2024, the result moved from € 49,470 to € 28,235. The company is profitable. 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 July 29, 2026.
€ 239,808
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,235
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 124,328
▼ 11% 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 € 238,808.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 28,352
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8,217
▼ 43% vs 2024
€ 6,543 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 19,691
▲ 197% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,364
▼ 65% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 95,523 | € 126,670 | € 99,699 | € 69,311 | ▼ 30% |
| Profit after taxes | € 49,261 | € 75,374 | € 49,470 | € 28,235 | ▼ 43% |
| Equity | € 86,729 | € 162,103 | € 211,573 | € 239,808 | ▲ 13% |
| Total debts | € 82,538 | € 59,597 | € 45,262 | € 36,272 | ▼ 20% |
| Cash | € 93,836 | € 58,576 | € 140,174 | € 124,328 | ▼ 11% |
| Land & buildings | € 1,222 | € 3,834 | € 3,432 | € 3,029 | ▼ 12% |
| Retained profit | € 85,729 | € 161,103 | € 210,573 | € 238,808 | ▲ 13% |
| Bank debt | € 19,952 | € 20,592 | € 14,520 | € 8,217 | ▼ 43% |
| Balance sheet total | € 169,267 | € 221,701 | € 256,836 | € 276,080 | ▲ 7% |
Key figures of De Spiegelaere & Sagaert, 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 De Spiegelaere & Sagaert?
What happened at De Spiegelaere & Sagaert in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,235 (▼ 43% vs 2024). Source: NBB ↗
- New establishment in Ichtegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,261 profit in 2022 to € 28,235 profit in 2025.
Paid € 97,856 in corporate taxes since 2022.
Best year ever: 2023, with € 75,374 profit.
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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
Behind De Spiegelaere & Sagaert is Bart De Spiegelaere.
Directors
According to the 2025 annual accounts
Bart De Spiegelaere
Director
Establishments
Establishment units
Physical locations of this company
Watervallestraat(BEK) 6
8480 Ichtegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0654.726.838
- VAT number
- BE 0654.726.838
- Registered office
- Watervallestraat(BEK) 6, 8480 Ichtegem
- Names & denominations
- De Spiegelaere & Sagaert
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 2016
- Peppol
- Active · Active since 17 Nov 2024
- Activities · NACE
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit