Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Refuge Kapelleberg from Maarkedal, company number BE0761830575, closed financial year 2025 with a result of € -23,298 after tax. For that financial year Refuge Kapelleberg recorded a gross margin of € 82,054 and equity of € -16,106. Compared with financial year 2024, the result moved from € -45,225 to € -23,298. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 4, 2026.
€ -16,106
▼ € 23,298 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,298
▲ 48 % less loss than in 2024
Profit after tax over the fiscal year.
€ 78,751
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -46,106.
People and assets in 2025
€ 39,056
▲ 4% 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.
€ 15,828
▼ 1% 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.
€ 8,549
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,298
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 98,826 | € 120,140 | € 55,575 | € 82,054 | ▲ 48% |
| Profit after taxes | € 2,928 | € 16,348 | € -45,225 | € -23,298 | ▲ € 21,927 |
| Equity | € 36,067 | € 52,416 | € 7,191 | € -16,106 | ▼ € 23,298 |
| Total debts | € 364,134 | € 357,420 | € 312,139 | € 311,664 | |
| Cash | € 19,072 | € 64,010 | € 66,515 | € 78,751 | ▲ 18% |
| Land & buildings | € 4,280 | € 32,183 | € 31,773 | € 27,942 | ▼ 12% |
| Retained profit | € 6,067 | € 22,416 | € -22,809 | € -46,106 | ▼ € 23,298 |
| Balance sheet total | € 400,201 | € 409,836 | € 319,330 | € 295,558 | ▼ 7% |
Key figures of Refuge Kapelleberg, 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 Refuge Kapelleberg?
What happened at Refuge Kapelleberg in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,298. Source: NBB ↗
- New establishment in Maarkedal. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,928 profit in 2022 to € 23,298 loss in 2025.
Paid € 420 in corporate taxes since 2022.
Best year ever: 2023, with € 16,348 profit.
Management
Behind Refuge Kapelleberg are Tine Van Den Haute and Karel Vandermeersch. The same people are also behind Karman. Karel Vandermeersch is also behind Euro-Silo, OPHIR, Brouwcompagnie Rolling Hills, Carbon Green Logistics and GROEP VANDEN AVENNE COMMODITIES.
Directors
According to the 2025 annual accounts
Karel Vandermeersch
Director
Also active at: Euro-Silo, OPHIR, Karman, Brouwcompagnie Rolling Hills, Carbon Green Logistics, GROEP VANDEN AVENNE COMMODITIES, Immo VVC
Establishments
Establishment units
Physical locations of this company
Kapelleberg 16
9680 Maarkedal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0761.830.575
- VAT number
- BE 0761.830.575
- Registered office
- Kapelleberg 16, 9680 Maarkedal
- Names & denominations
- Refuge Kapelleberg
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 2021
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Gastenkamers
Vakantieverblijven en andere accommodatie voor kort verblijf, neg
Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten
Cafés en bars