Financials
Financial year 2025
Ridge Way from Oud-Turnhout, company number BE0741864809, closed financial year 2025 with a result of € 11,317 after tax. For that financial year Ridge Way recorded a gross margin of € -24,875 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 30,654 to € 11,317. 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 June 24, 2026.
€ 2.1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,317
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 222,617
▲ 51% 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 € 1.7 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 124
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,254
▲ 25% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,191 | € -7,088 | € -26,940 | € -24,875 | ▲ € 2,066 |
| Profit after taxes | € -70,766 | € 51,076 | € 30,654 | € 11,317 | ▼ 63% |
| Equity | € 2,099,087 | € 2,094,716 | € 2,125,369 | € 2,136,687 | ▲ 1% |
| Total debts | € 531 | € 79,782 | € 44,698 | € 103,331 | ▲ 131% |
| Cash | € 287,245 | € 295,008 | € 147,513 | € 222,617 | ▲ 51% |
| Retained profit | € 1,699,087 | € 1,694,716 | € 1,725,369 | € 1,736,687 | ▲ 1% |
| Dividend | € 0 | € 55,447 | € 0 | € 0 | |
| Balance sheet total | € 2,099,618 | € 2,174,498 | € 2,170,067 | € 2,240,018 | ▲ 3% |
Key figures of Ridge Way, 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 Ridge Way?
What happened at Ridge Way in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- John Ceulemans stepped down as director. NBB
- Serge Ceulemans stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 11,317 (▼ 63% vs 2024). Source: NBB ↗
- New establishment in Oud-Turnhout. KBO
- Start of the company according to the CBE. KBO
- John Ceulemans became a director. NBB
- Serge Ceulemans became a director. NBB
In short
From € 70,766 loss in 2022 to € 11,317 profit in 2025.
Paid € 25,474 in corporate taxes since 2022.
Best year ever: 2023, with € 51,076 profit.
Paid out € 55,447 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
John Ceulemans
Managing director
since 2020 · until 2032
Serge Ceulemans
Managing director
since 2020 · until 2032
Establishments
Establishment units
Physical locations of this company
Begijnenhoefstraat 15
2360 Oud-Turnhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0741.864.809
- VAT number
- BE 0741.864.809
- Registered office
- Begijnenhoefstraat 15, 2360 Oud-Turnhout
- Names & denominations
- Ridge Way
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2020
- Peppol
- Active · Active since 15 Dec 2025
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