Financials
Financial year 2025
PEOPLE FUNDAMENTALS from Gent, company number BE0770904629, closed financial year 2025 with a result of € 148,734 after tax. For that financial year PEOPLE FUNDAMENTALS recorded a gross margin of € 197,863 and equity of € 24,734. Compared with financial year 2024, the result moved from € 103,698 to € 148,734. 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 December 18, 2025.
€ 24,734
▲ € 23,734 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 148,734
▲ 43% vs 2024
Profit after tax over the fiscal year.
€ 199,640
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 125,000 paid out
84 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 10,664
▲ € 9,140 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.
€ 1,926
▲ 176% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,557
▼ 2% vs 2024
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 | € 122,831 | € 133,498 | € 139,974 | € 197,863 | ▲ 41% |
| Profit after taxes | € 92,630 | € 101,427 | € 103,698 | € 148,734 | ▲ 43% |
| Equity | € 118,835 | € 220,262 | € 1,000 | € 24,734 | ▲ € 23,734 |
| Total debts | € 51,314 | € 59,440 | € 334,714 | € 244,745 | ▼ 27% |
| Cash | € 104,474 | € 218,192 | € 264,184 | € 199,640 | ▼ 24% |
| Land & buildings | € 18,939 | € 17,646 | € 16,353 | € 15,059 | ▼ 8% |
| Retained profit | € 117,835 | € 219,262 | € 0 | € 23,734 | |
| Dividend | € 0 | € 0 | € 322,961 | € 125,000 | ▼ 61% |
| Balance sheet total | € 170,149 | € 279,703 | € 335,714 | € 269,478 | ▼ 20% |
Key figures of PEOPLE FUNDAMENTALS, 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 PEOPLE FUNDAMENTALS?
What happened at PEOPLE FUNDAMENTALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 148,734 (▲ 43% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Hans TERNOOT became a director. NBB
In short
From € 92,630 profit in 2022 to € 148,734 profit in 2025.
Paid € 127,169 in corporate taxes since 2022.
Best year ever: 2025, with € 148,734 profit.
Paid out € 447,961 in dividends to the owners in total.
Management
Behind PEOPLE FUNDAMENTALS is Hans TERNOOT.
Directors
According to the 2025 annual accounts
Hans TERNOOT
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Vlaamsekaai 97
9000 Gent
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 ↗- TERNOOT Hans(oprichter) 100%
Details
- Company number
- 0770.904.629
- VAT number
- BE 0770.904.629
- Registered office
- Vlaamsekaai 97, 9000 Gent
- Names & denominations
- PEOPLE FUNDAMENTALS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2021
- Peppol
- Active · Active since 1 Nov 2026
- Activities · NACE
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