Financials
Financial year 2025
Karel Degrande from Alveringem, company number BE0713728473, closed financial year 2025 with a result of € 34,499 after tax. For that financial year Karel Degrande recorded a gross margin of € 108,363 and equity of € 56,176. Compared with financial year 2024, the result moved from € 5,258 to € 34,499. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 56,176
▲ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,499
▲ € 29,240 vs 2024
Profit after tax over the fiscal year.
€ 15,775
▲ € 14,234 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 15,000 paid out
43 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 36,454
▲ 205% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 23,856
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 419,033
▼ 5% vs 2024
€ 26,171 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 4,447
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,122
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 68,754 | € 36,014 | € 49,214 | € 108,363 | ▲ 120% |
| Profit after taxes | € -24,533 | € 4,653 | € 5,258 | € 34,499 | ▲ € 29,240 |
| Equity | € 26,766 | € 31,419 | € 36,677 | € 56,176 | ▲ 53% |
| Total debts | € 532,659 | € 536,731 | € 526,355 | € 526,557 | |
| Cash | € 10,133 | € 27,824 | € 1,542 | € 15,775 | ▲ € 14,234 |
| Land & buildings | € 461,072 | € 469,914 | € 455,278 | € 440,642 | ▼ 3% |
| Retained profit | € 14,366 | € 19,019 | € 24,277 | € 43,776 | ▲ 80% |
| Dividend | € 0 | € 0 | € 0 | € 15,000 | |
| Bank debt | € 460,097 | € 439,495 | € 443,055 | € 419,033 | ▼ 5% |
| Balance sheet total | € 559,425 | € 568,150 | € 563,032 | € 582,734 | ▲ 3% |
Key figures of Karel Degrande, 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 Karel Degrande?
What happened at Karel Degrande in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,499 (▲ € 29,240 vs 2024). Source: NBB ↗
- New establishment in Alveringem. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,533 loss in 2022 to € 34,499 profit in 2025.
Paid € 856 in corporate taxes since 2022.
Best year ever: 2025, with € 34,499 profit.
Paid out € 15,000 in dividends to the owners in total.
Management
Behind Karel Degrande is Karel Degrande.
Directors
According to the 2025 annual accounts
Karel Degrande
Director
Establishments
Establishment units
Physical locations of this company
Burgdreef 3
8690 Alveringem
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.
Details
- Company number
- 0713.728.473
- VAT number
- BE 0713.728.473
- Registered office
- Burgdreef 3, 8690 Alveringem
- Names & denominations
- Karel Degrande
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 2018
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
Sanitaire werkzaamheden
Algemene elektrotechnische installatiewerken