Financials
Financial year 2025
Scandium from Tielt, company number BE0773810669, closed financial year 2025 with a result of € 103,413 after tax. For that financial year Scandium recorded a gross margin of € 139,916 and equity of € 105,328. Compared with financial year 2024, the result moved from € 34,434 to € 103,413. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 105,328
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 103,413
▲ 200% vs 2024
Profit after tax over the fiscal year.
€ 133,060
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 89,000 paid out
86 % 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 219
▲ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,540
▲ 77% 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 | € 28,448 | € 30,710 | € 44,375 | € 139,916 | ▲ 215% |
| Profit after taxes | € 21,954 | € 23,569 | € 34,434 | € 103,413 | ▲ 200% |
| Equity | € 32,911 | € 56,481 | € 90,915 | € 105,328 | ▲ 16% |
| Total debts | € 23,054 | € 11,573 | € 11,473 | € 95,131 | ▲ € 83,658 |
| Cash | € 42,893 | € 52,804 | € 74,002 | € 133,060 | ▲ 80% |
| Retained profit | € 31,411 | € 54,981 | € 89,415 | € 103,828 | ▲ 16% |
| Dividend | € 0 | € 0 | € 0 | € 89,000 | |
| Balance sheet total | € 55,966 | € 68,054 | € 102,388 | € 200,459 | ▲ 96% |
Key figures of Scandium, 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 Scandium?
What happened at Scandium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 103,413 (▲ 200% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Kevin Huvaere became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 21,954 profit in 2022 to € 103,413 profit in 2025.
Paid € 57,221 in corporate taxes since 2022.
Best year ever: 2025, with € 103,413 profit.
Paid out € 89,000 in dividends to the owners in total.
Management
Behind Scandium is Kevin Huvaere.
Directors
According to the 2025 annual accounts
Kevin Huvaere
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Huttegemstraat 11
8700 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0773.810.669
- VAT number
- BE 0773.810.669
- Registered office
- Huttegemstraat 11, 8700 Tielt
- Names & denominations
- Scandium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2021
- Peppol
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