Financials
Financial year 2025
B.P.V. GRONDWERKEN from Kortemark, company number BE0768665117, closed financial year 2025 with a result of € 321,763 after tax. For that financial year B.P.V. GRONDWERKEN recorded a gross margin of € 775,331 and equity of € 45,222. Compared with financial year 2024, the result moved from € 479,515 to € 321,763. The company is profitable. 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 October 30, 2025.
€ 45,222
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 321,763
▼ 33% vs 2024
Profit after tax over the fiscal year.
€ 144,191
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 320,936 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 369,878
▲ 13% vs 2024
€ 68,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,428
▼ 26% 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.
€ 241,881
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,891
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,291,648 | € 853,517 | € 775,331 | ▼ 9% |
| Profit after taxes | € 741,412 | € 479,515 | € 321,763 | ▼ 33% |
| Equity | € 43,212 | € 44,395 | € 45,222 | ▲ 2% |
| Total debts | € 1,304,861 | € 2,114,200 | € 2,278,546 | ▲ 8% |
| Cash | € 305,640 | € 307,242 | € 144,191 | ▼ 53% |
| Retained profit | € 3,212 | € 4,395 | € 5,222 | ▲ 19% |
| Dividend | € 738,200 | € 478,332 | € 320,936 | ▼ 33% |
| Balance sheet total | € 1,348,073 | € 2,158,595 | € 2,323,767 | ▲ 8% |
| Employees (FTE) | 4.8 | 5 | 5.4 | ▲ 0.4 |
Key figures of B.P.V. GRONDWERKEN, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to B.P.V. GRONDWERKEN?
What happened at B.P.V. GRONDWERKEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 321,763 (▼ 33% vs 2024). Source: NBB ↗
- New establishment in Kortemark. KBO
- BRECHT EN PIETER VULSTEKE BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 741,412 profit in 2023 to € 321,763 profit in 2025.
Paid € 16,609 in corporate taxes since 2023.
Best year ever: 2023, with € 741,412 profit.
On average € 143,600 of value added per employee in 2025.
A new publication or filing at B.P.V. GRONDWERKEN? We notify you, reason included.
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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 B.P.V. GRONDWERKEN is BRECHT EN PIETER VULSTEKE BV.
Directors
According to the 2025 annual accounts
Director · represented by Brecht Vulsteke
since 2021
Establishments
Establishment units
Physical locations of this company
Lauwstraat 1
8610 Kortemark
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.
Details
- Company number
- 0768.665.117
- VAT number
- BE 0768.665.117
- Registered office
- Lauwstraat 1, 8610 Kortemark
- Names & denominations
- B.P.V. GRONDWERKEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2021
- Peppol
- Active · Active since 18 Feb 2025
- Activities · NACE
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