Financials
Financial year 2025
Chapter George from Harelbeke, company number BE0771299953, closed financial year 2025 with a result of € -1,882 after tax. For that financial year Chapter George recorded revenue of € 249,774 and equity of € 14.6 million. Compared with financial year 2024, the result moved from € 1.2 million to € -1,882. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 14.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,882
▼ still € 1.2 million profit in 2024
Profit after tax over the fiscal year.
€ 2,527
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.6 million.
Debts at end 2025
€ 7.1 million
▲ 56% vs 2024
€ 2.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 77,175
▲ € 66,718 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 137 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 148,464 | € 466,207 | € 102,806 | € 249,774 | ▲ 143% |
| Profit after taxes | € 1,701,344 | € 688,110 | € 1,210,431 | € -1,882 | ▼ € 1.2 million |
| Equity | € 12,709,844 | € 13,397,954 | € 14,608,385 | € 14,606,502 | |
| Total debts | € 5,098,888 | € 5,571,732 | € 4,927,197 | € 7,398,173 | ▲ 50% |
| Cash | € 61,982 | € 225,738 | € 130,262 | € 2,527 | ▼ 98% |
| Retained profit | € 1,701,344 | € 2,389,454 | € 3,599,885 | € 3,598,002 | |
| Bank debt | € 4,393,250 | € 4,569,733 | € 4,569,733 | € 7,144,009 | ▲ 56% |
| Balance sheet total | € 17,808,732 | € 18,969,686 | € 19,535,582 | € 22,004,675 | ▲ 13% |
Key figures of Chapter George, 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 Chapter George?
What happened at Chapter George in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- D.S.R.T. NV stepped down as director. NBB
- Indel Invest BV stepped down as director. NBB
- Ulnate BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1,882 (▼ € 1.2 million vs 2024). Source: NBB ↗
- D.S.R.T. NV became a director. NBB
- Indel Invest BV became a director. NBB
- Ulnate BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1.7 million profit in 2022 to € 1,882 loss in 2025.
Best year ever: 2022, with € 1.7 million profit.
Pays suppliers within 137 days on average.
Management
The stake of Indel Invest, ULNATE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Chapter GeorgeThe shares are held by Indel Invest (90%) and ULNATE (10%). It owns 100% of Chapter George Develops bv, 100% of Chapter George Properties nv, 50% of Proximity Ocean Lda., 25.1% of Gr-ONT bv, 25% of Vastgoed Invest nv and 25% of ROC Vastgoed nv itself.
Directors
According to the 2025 annual accounts
Director · represented by Rita Tanghe
Also active at: VAN MAERCKE PREFAB, Bouw Georges Tanghe, ACAP, DECKX ELEKTRO MECHANICA, DESIRE STADSBADER, STV - TRANS, STADSBADER ROUTE, VASTGOED INVEST +15 more
since 2021 · until 2027
Managing director · represented by Stephanie Valcke
Also active at: Bouw Georges Tanghe, JACOPS, JACOPS SUD, CAPPAL, BLS, PROGEST IMMO, JAGERSHOF, LETSGO CITY +19 more
since 2021 · until 2027
Managing director · represented by Stefanie Vanden Broucke
Also active at: Chapter George Properties, Chapter George Develops
since 2021 · until 2027
Shareholders
90%
10%
Participations
25.1%
25%
25%
18%
17.8%
10%
10%
Establishments
Establishment units
Physical locations of this company
Harpstraat 5/1
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0771.299.953
- VAT number
- BE 0771.299.953
- Registered office
- Harpstraat 5/1, 8530 Harelbeke
- Names & denominations
- Chapter George
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 2021
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- chaptergeorge.be
- Activities · NACE
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