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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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Fieles from Zwalm, company number BE0680492018, closed financial year 2025 with a result of € 222,461 after tax. For that financial year Fieles recorded a gross margin of € 515,471 and equity of € 468,995. Compared with financial year 2024, the result moved from € 305,128 to € 222,461. 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 July 2, 2026.
€ 468,995
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 222,461
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 213,007
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 501,666 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.7
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 138,875
▼ 10% vs 2024
€ 51,400 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.
€ 2,717
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 220,012
▼ 27% vs 2024
Loans from banks and other lenders, long and short.
€ 68,153
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 54,023
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 704,973 | € 500,477 | € 590,805 | € 515,471 | ▼ 13% |
| Profit after taxes | € 432,006 | € 266,484 | € 305,128 | € 222,461 | ▼ 27% |
| Equity | € 776,588 | € 743,071 | € 748,199 | € 468,995 | ▼ 37% |
| Total debts | € 572,300 | € 576,684 | € 624,526 | € 856,122 | ▲ 37% |
| Cash | € 142,909 | € 161,027 | € 222,452 | € 213,007 | ▼ 4% |
| Retained profit | € 756,588 | € 723,071 | € 728,199 | € 448,995 | ▼ 38% |
| Dividend | € 0 | € 300,000 | € 300,000 | € 501,666 | ▲ 67% |
| Bank debt | € 300,889 | € 300,000 | € 300,000 | € 220,012 | ▼ 27% |
| Balance sheet total | € 1,348,887 | € 1,319,755 | € 1,372,725 | € 1,325,117 | ▼ 3% |
| Employees (FTE) | 2.8 | 2.9 | 2.9 | 2.7 | ▼ 0.2 |
Key figures of Fieles, 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 Fieles?
What happened at Fieles in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 222,461 (▼ 27% vs 2024). Source: NBB ↗
- New establishment in Zwalm. KBO
- Start of the company according to the CBE. KBO
- Filip Steyaert became a director. NBB
- Brenda Ceuterick became a director. NBB
In short
From € 432,006 profit in 2022 to € 222,461 profit in 2025.
Paid € 387,958 in corporate taxes since 2022.
Best year ever: 2022, with € 432,006 profit.
On average € 190,900 of value added per employee in 2025.
Management
Behind Fieles are Filip Steyaert and Brenda Ceuterick.
Directors
According to the 2025 annual accounts
Filip Steyaert
Director
since 2017
Brenda Ceuterick
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Zuidlaan(Munk) 150
9630 Zwalm
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0680.492.018
- VAT number
- BE 0680.492.018
- Registered office
- Zuidlaan(Munk) 150, 9630 Zwalm
- Names & denominations
- Fieles
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 August 2017
- Peppol
- Active · Active since 15 Oct 2025
- Contact
- fietsenfieles.be
- Activities · NACE
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