Financials
Financial year 2025
Casteels Vastgoed from Merelbeke-Melle, company number BE0720632794, closed financial year 2025 with a result of € 52,521 after tax. For that financial year Casteels Vastgoed recorded a gross margin of € 197,203 and equity of € 190,855. Compared with financial year 2024, the result moved from € 99,509 to € 52,521. 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 July 14, 2026.
€ 190,855
▲ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 52,521
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 132,280
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 167,506.
People and assets in 2025
€ 74,911
▼ 5% 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.
€ 43,758
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 85,238
▼ 13% vs 2024
€ 25,440 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 70,761
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,147
▲ 141% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,285 | € 19,140 | € 240,661 | € 197,203 | ▼ 18% |
| Profit after taxes | € 15,296 | € -3,666 | € 99,509 | € 52,521 | ▼ 47% |
| Equity | € 75,990 | € 38,824 | € 138,333 | € 190,855 | ▲ 38% |
| Total debts | € 48,033 | € 53,500 | € 203,371 | € 196,213 | ▼ 4% |
| Cash | € 65,101 | € 34,863 | € 106,012 | € 132,280 | ▲ 25% |
| Retained profit | € 40,990 | € 15,476 | € 114,984 | € 167,506 | ▲ 46% |
| Dividend | € 0 | € 21,849 | € 0 | € 0 | |
| Bank debt | € 0 | € 7,477 | € 97,485 | € 85,238 | ▼ 13% |
| Balance sheet total | € 124,023 | € 92,324 | € 341,704 | € 387,067 | ▲ 13% |
Key figures of Casteels Vastgoed, 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 Casteels Vastgoed?
What happened at Casteels Vastgoed in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 52,521 (▼ 47% vs 2024). Source: NBB ↗
- Lexcorp CommV became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,296 profit in 2022 to € 52,521 profit in 2025.
Paid € 68,018 in corporate taxes since 2022.
Best year ever: 2024, with € 99,509 profit.
Paid out € 21,849 in dividends to the owners in total.
Management
Behind Casteels Vastgoed is Lexcorp CommV.
Directors
According to the 2025 annual accounts
Director · represented by Alex Casteels
since 2023
Establishments
Establishment units
Physical locations of this company
Heusdenbaan 46 B002
9090 Merelbeke-Melle
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
- 0720.632.794
- VAT number
- BE 0720.632.794
- Registered office
- Heusdenbaan 46 B002, 9090 Merelbeke-Melle
- Names & denominations
- Casteels Vastgoed
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2019
- Peppol
- Active · Active since 26 Jul 2024
- Activities · NACE
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