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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
De Paep Maarten from Sint-Gillis-Waas, company number BE0692692638, closed financial year 2025 with a result of € 162,863 after tax. For that financial year De Paep Maarten recorded a gross margin of € 644,958 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 104,682 to € 162,863. 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 July 2, 2026.
€ 1.2 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 162,863
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 48,380
▲ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
7.3
▲ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 233,956
▲ 9% vs 2024
€ 32,000 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.
€ 3,712
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 847,912
▼ 9% vs 2024
€ 80,118 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 35,108
▲ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 78,546
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 388,699 | € 534,695 | € 552,191 | € 644,958 | ▲ 17% |
| Profit after taxes | € 55,785 | € 130,757 | € 104,682 | € 162,863 | ▲ 56% |
| Equity | € 875,756 | € 982,192 | € 1,068,050 | € 1,202,482 | ▲ 13% |
| Total debts | € 1,259,689 | € 1,098,360 | € 1,019,169 | € 1,000,892 | ▼ 2% |
| Cash | € 323,897 | € 194,614 | € 25,473 | € 48,380 | ▲ 90% |
| Land & buildings | € 1,476,723 | € 1,362,998 | € 1,263,172 | € 1,400,904 | ▲ 11% |
| Retained profit | € 468,808 | € 599,566 | € 704,248 | € 837,111 | ▲ 19% |
| Dividend | € 0 | € 0 | € 0 | € 30,000 | |
| Bank debt | € 1,169,265 | € 1,008,147 | € 928,029 | € 847,912 | ▼ 9% |
| Balance sheet total | € 2,135,445 | € 2,080,551 | € 2,087,219 | € 2,203,373 | ▲ 6% |
| Employees (FTE) | 4.8 | 4.3 | 5.8 | 7.3 | ▲ 1.5 |
Key figures of De Paep Maarten, 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 Paep Maarten?
What happened at De Paep Maarten in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 162,863 (▲ 56% vs 2024). Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,785 profit in 2022 to € 162,863 profit in 2025.
Paid € 159,830 in corporate taxes since 2022.
Best year ever: 2025, with € 162,863 profit.
On average € 88,400 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
Behind De Paep Maarten is Maarten De Paep.
Directors
According to the 2025 annual accounts
Maarten De Paep
Director
Establishments
Establishment units
Physical locations of this company
Sint-Niklaasstraat(SGW) 205
9170 Sint-Gillis-Waas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0692.692.638
- VAT number
- BE 0692.692.638
- Registered office
- Sint-Niklaasstraat(SGW) 205, 9170 Sint-Gillis-Waas
- Names & denominations
- De Paep Maarten
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2018
- Peppol
- Active · Active since 19 Dec 2024
- Activities · NACE
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