Financials
Financial year 2025
SHELTER Wonen from Gent, company number BE0766476479, closed financial year 2025 with a result of € 12,455 after tax. For that financial year SHELTER Wonen recorded a gross margin of € 166,352 and equity of € 366,384. Compared with financial year 2024, the result moved from € 7,044 to € 12,455. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 2, 2026.
€ 366,384
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,455
▲ 77% vs 2024
Profit after tax over the fiscal year.
€ 230,603
▲ 84% 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 € 363,384.
People and assets in 2025
€ 2,651
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 2.1 million
▲ 20% vs 2024
Loans from banks and other lenders, long and short.
€ 9,276
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,491
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 312,539 | € 397,567 | € 250,371 | € 166,352 | ▼ 34% |
| Profit after taxes | € 156,637 | € 230,752 | € 7,044 | € 12,455 | ▲ 77% |
| Equity | € 116,143 | € 346,885 | € 353,929 | € 366,384 | ▲ 4% |
| Total debts | € 3,588,959 | € 3,300,867 | € 1,765,047 | € 2,256,284 | ▲ 28% |
| Cash | € 53,733 | € 154,509 | € 125,548 | € 230,603 | ▲ 84% |
| Retained profit | € 113,143 | € 343,885 | € 350,929 | € 363,384 | ▲ 4% |
| Bank debt | € 3,493,436 | € 3,298,200 | € 1,734,194 | € 2,076,832 | ▲ 20% |
| Balance sheet total | € 3,705,103 | € 3,647,752 | € 2,118,976 | € 2,622,668 | ▲ 24% |
Key figures of SHELTER Wonen, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to SHELTER Wonen?
What happened at SHELTER Wonen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,455 (▲ 77% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Lieven Lagast became a director. NBB
- Steven Lagast became a director. NBB
In short
From € 156,637 profit in 2022 to € 12,455 profit in 2025.
Paid € 123,987 in corporate taxes since 2022.
Best year ever: 2023, with € 230,752 profit.
Management
Behind SHELTER Wonen are Lieven Lagast and Steven Lagast. The same people are also behind KING LEE. Lieven Lagast is also behind EML.
Establishments
Establishment units
Physical locations of this company
Sint-Denijslaan 439
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- LAGAST Lieven Frank Marcel(oprichter) 50%
- LAGAST Steven Frank Jef(oprichter) 50%
Details
- Company number
- 0766.476.479
- VAT number
- BE 0766.476.479
- Registered office
- Sint-Denijslaan 439, 9000 Gent
- Names & denominations
- SHELTER Wonen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 2021
- Peppol
- Active · Active since 12 Dec 2024
- Contact
- [email protected] 0476/386996