Financials
Financial year 2025
LETAGE from Oudenaarde, company number BE0715625121, closed financial year 2025 with a result of € 241,676 after tax. For that financial year LETAGE recorded a gross margin of € 504,361 and equity of € 281,677. Compared with financial year 2024, the result moved from € 260,698 to € 241,676. The company is profitable. 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 August 28, 2026.
€ 281,677
▲ € 224,781 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 241,676
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 254,839
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 16,895 paid out
7 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.5
Average over the fiscal year, from the social balance sheet.
€ 153,663
▲ 9% vs 2024
€ 34,100 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.
€ 61,751
▲ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 38,601
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,856
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 400,638 | € 418,796 | € 508,254 | € 504,361 | ▼ 1% |
| Profit after taxes | € 215,306 | € 221,320 | € 260,698 | € 241,676 | ▼ 7% |
| Equity | € 69,878 | € 71,197 | € 56,896 | € 281,677 | ▲ € 224,781 |
| Total debts | € 730,451 | € 330,948 | € 411,614 | € 128,356 | ▼ 69% |
| Cash | € 762,507 | € 341,742 | € 305,032 | € 254,839 | ▼ 16% |
| Retained profit | € 29,878 | € 31,197 | € 16,896 | € 241,677 | ▲ € 224,781 |
| Dividend | € 600,000 | € 220,000 | € 275,000 | € 16,895 | ▼ 94% |
| Balance sheet total | € 800,329 | € 402,146 | € 468,509 | € 410,033 | ▼ 12% |
| Employees (FTE) | - | - | 4.5 | 4.5 |
Key figures of LETAGE, 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 LETAGE?
What happened at LETAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 241,676 (▼ 7% vs 2024). filed late Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
- KAREL GYSELINCK became a director. NBB
In short
From € 215,306 profit in 2022 to € 241,676 profit in 2025.
Paid € 287,119 in corporate taxes since 2022.
Best year ever: 2024, with € 260,698 profit.
On average € 112,100 of value added per employee in 2025.
Management
Behind LETAGE is KAREL GYSELINCK.
Directors
According to the 2025 annual accounts
KAREL GYSELINCK
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Markt 7
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0715.625.121
- VAT number
- BE 0715.625.121
- Registered office
- Markt 7, 9700 Oudenaarde
- Names & denominations
- LETAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2018
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Cafés en bars
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Overige recreatie- en ontspanningsactiviteiten, neg
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Catering van evenementen
Overige eetgelegenheden
Diverse administratieve activiteiten ten behoeve van kantoren