Financials
Financial year 2025
Tegelwerken Cuelenaere-Verwilst from Maldegem, company number BE0678460263, closed financial year 2025 with a result of € 21,850 after tax. For that financial year Tegelwerken Cuelenaere-Verwilst recorded a gross margin of € 47,440 and equity of € 95,680. Compared with financial year 2024, the result moved from € 15,608 to € 21,850. 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 January 30, 2026.
€ 95,680
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,850
▲ 40% vs 2024
Profit after tax over the fiscal year.
€ 83,239
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 11,640 paid out
53 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 48,563
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 41,473
▼ 27% vs 2024
€ 10,378 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 8,771
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 90
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 | € 31,566 | € 31,090 | € 31,729 | € 47,440 | ▲ 50% |
| Profit after taxes | € 13,944 | € 13,470 | € 15,608 | € 21,850 | ▲ 40% |
| Equity | € 56,394 | € 69,863 | € 85,471 | € 95,680 | ▲ 12% |
| Total debts | € 30,068 | € 31,726 | € 62,651 | € 68,024 | ▲ 9% |
| Cash | € 47,091 | € 42,614 | € 72,593 | € 83,239 | ▲ 15% |
| Retained profit | € 50,194 | € 63,663 | € 79,271 | € 89,480 | ▲ 13% |
| Dividend | € 0 | € 0 | € 0 | € 11,640 | |
| Bank debt | € 22,564 | € 13,715 | € 56,968 | € 41,473 | ▼ 27% |
| Balance sheet total | € 86,462 | € 101,589 | € 148,122 | € 163,704 | ▲ 11% |
Key figures of Tegelwerken Cuelenaere-Verwilst, 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 Tegelwerken Cuelenaere-Verwilst?
What happened at Tegelwerken Cuelenaere-Verwilst in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,850 (▲ 40% vs 2024). Source: NBB ↗
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,944 profit in 2022 to € 21,850 profit in 2025.
Paid € 25,479 in corporate taxes since 2022.
Best year ever: 2025, with € 21,850 profit.
Paid out € 11,640 in dividends to the owners in total.
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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 Tegelwerken Cuelenaere-Verwilst are Hilde Verwilst and Stijn Cuelenaere.
Directors
According to the 2025 annual accounts
Hilde Verwilst
Director
Stijn Cuelenaere
Director
Establishments
Establishment units
Physical locations of this company
Burg. Désiré De Meyerelaan 15
9990 Maldegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0678.460.263
- VAT number
- BE 0678.460.263
- Registered office
- Burg. Désiré De Meyerelaan 15, 9990 Maldegem
- Names & denominations
- Tegelwerken Cuelenaere-Verwilst
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 2017
- Peppol
- Active · Active since 3 Jul 2025
- Activities · NACE
Plaatsen van vloer- en wandtegels
Metselwerk
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Uitvoeren van metsel- en voegwerken