Financials
Financial year 2025
Agulhas from Kortrijk, company number BE0728844439, closed financial year 2025 with a result of € 66,116 after tax. For that financial year Agulhas recorded a gross margin of € 90,252 and equity of € 41,116. Compared with financial year 2024, the result moved from € 114,445 to € 66,116. The company is profitable. The buffer shrank hard: equity is 70 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 41,116
▼ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,116
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 75,470
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 163,623 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,530
▼ 21% 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.
€ 6,817
▲ € 6,577 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,120
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 94,988 | € 153,189 | € 152,369 | € 90,252 | ▼ 41% |
| Profit after taxes | € 75,893 | € 117,757 | € 114,445 | € 66,116 | ▼ 42% |
| Equity | € 108,113 | € 145,037 | € 138,623 | € 41,116 | ▼ 70% |
| Total debts | € 11,502 | € 12,853 | € 18,076 | € 71,180 | ▲ 294% |
| Cash | € 94,861 | € 74,874 | € 59,374 | € 75,470 | ▲ 27% |
| Retained profit | € 88,113 | € 125,037 | € 118,623 | € 21,116 | ▼ 82% |
| Dividend | € 110,800 | € 80,833 | € 120,859 | € 163,623 | ▲ 35% |
| Balance sheet total | € 119,615 | € 157,891 | € 156,700 | € 112,297 | ▼ 28% |
Key figures of Agulhas, 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 Agulhas?
What happened at Agulhas in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 66,116 (▼ 42% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,893 profit in 2022 to € 66,116 profit in 2025.
Paid € 100,570 in corporate taxes since 2022.
Best year ever: 2023, with € 117,757 profit.
Paid out € 476,115 in dividends to the owners in total.
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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 Agulhas is MIKE DESMETH. MIKE DESMETH is also behind Boveco, INDUSTRIAL CLEANING COMPANY and BUDDIEZ.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Noordstraat(Kor) 63
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0728.844.439
- VAT number
- BE 0728.844.439
- Registered office
- Noordstraat(Kor) 63, 8500 Kortrijk
- Names & denominations
- Agulhas
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2019
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
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