Financials
Financial year 2025
THE MONASTERY from Halen, company number BE0697879168, closed financial year 2025 with a result of € -53,180 after tax. For that financial year THE MONASTERY recorded a gross margin of € 162,078 and equity of € 227,661. Compared with financial year 2024, the result moved from € 96,601 to € -53,180. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 227,661
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,180
▼ still € 96,601 profit in 2024
Profit after tax over the fiscal year.
€ 482,009
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 209,061.
People and assets in 2025
3.3
▲ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11,835
▲ 36% vs 2024
€ 3,600 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.
Debts at end 2025
€ 1.1 million
▼ 3% vs 2024
€ 33,332 is repaid this year. At this pace the long-term loan is gone in ≈ 34 years.
€ 29,253
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,691
▼ 76% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 246,469 | € 188,822 | € 251,157 | € 162,078 | ▼ 35% |
| Profit after taxes | € 101,180 | € 49,409 | € 96,601 | € -53,180 | ▼ € 149,781 |
| Equity | € 134,831 | € 184,240 | € 280,841 | € 227,661 | ▼ 19% |
| Total debts | € 1,528,631 | € 1,401,212 | € 1,395,931 | € 1,420,765 | ▲ 2% |
| Cash | € 273,870 | € 291,676 | € 455,745 | € 482,009 | ▲ 6% |
| Land & buildings | € 1,265,325 | € 1,236,964 | € 1,171,761 | € 1,108,843 | ▼ 5% |
| Retained profit | € 116,231 | € 165,640 | € 262,241 | € 209,061 | ▼ 20% |
| Bank debt | € 1,233,889 | € 1,200,556 | € 1,167,223 | € 1,133,890 | ▼ 3% |
| Balance sheet total | € 1,663,462 | € 1,585,453 | € 1,676,772 | € 1,648,426 | ▼ 2% |
| Employees (FTE) | 1.7 | - | 0.2 | 3.3 | ▲ 3.1 |
Key figures of THE MONASTERY, 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 April 2027.
What happened to THE MONASTERY?
What happened at THE MONASTERY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 53,180 (▼ € 149,781 vs 2024). filed late Source: NBB ↗
- New establishment in Halen. KBO
- Start of the company according to the CBE. KBO
In short
From € 101,180 profit in 2022 to € 53,180 loss in 2025.
Paid € 87,017 in corporate taxes since 2022.
Best year ever: 2022, with € 101,180 profit.
On average € 49,100 of value added per employee in 2025.
Management
Behind THE MONASTERY are Peter Veekmans and Myrjam Jamaers.
Directors
According to the 2025 annual accounts
Peter Veekmans
Director
Myrjam Jamaers
Director
Establishments
Establishment units
Physical locations of this company
Sint-Jansbergstraat 9
3545 Halen
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.
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Details
- Company number
- 0697.879.168
- VAT number
- BE 0697.879.168
- Registered office
- Sint-Jansbergstraat 9, 3545 Halen
- Names & denominations
- THE MONASTERY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 2018
- Peppol
- Active · Active since 25 Nov 2025
- Contact
- sint-jansbergklooster.be
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