Financials
Financial year 2025
Denolf Giel from Ieper, company number BE0786358511, closed financial year 2025 with a result of € 24,659 after tax. For that financial year Denolf Giel recorded a gross margin of € 85,027 and equity of € 140,477. Compared with financial year 2024, the result moved from € 34,209 to € 24,659. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 140,477
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,659
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 55,493
▲ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
7 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 58,835
▼ 27% vs 2024
Of which on lease € 52,247.
Debts at end 2025
€ 579,738
▲ € 452,720 vs 2024
€ 32,666 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 116,541
▲ € 95,222 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,471
▼ 25% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,287 | € 66,170 | € 75,485 | € 85,027 | ▲ 13% |
| Profit after taxes | € 43,764 | € 39,443 | € 34,209 | € 24,659 | ▼ 28% |
| Equity | € 47,164 | € 84,941 | € 117,484 | € 140,477 | ▲ 20% |
| Total debts | € 65,360 | € 63,797 | € 155,668 | € 702,561 | ▲ € 546,893 |
| Cash | € 45,316 | € 25,674 | € 27,723 | € 55,493 | ▲ 100% |
| Land & buildings | - | - | - | € 519,324 | |
| Retained profit | € 42,164 | € 79,941 | € 112,484 | € 135,477 | ▲ 20% |
| Dividend | € 1,600 | € 1,666 | € 1,666 | € 1,666 | |
| Bank debt | € 24,678 | € 46,433 | € 127,018 | € 579,738 | ▲ € 452,720 |
| Balance sheet total | € 112,524 | € 148,738 | € 273,151 | € 843,037 | ▲ 209% |
Key figures of Denolf Giel, 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 Denolf Giel?
What happened at Denolf Giel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,659 (▼ 28% vs 2024). filed late Source: NBB ↗
- New establishment in Ieper. KBO
- Giel Denolf became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 43,764 profit in 2022 to € 24,659 profit in 2025.
Paid € 25,888 in corporate taxes since 2022.
Best year ever: 2022, with € 43,764 profit.
Paid out € 6,598 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Giel Denolf
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Dikkebusseweg 553
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0786.358.511
- VAT number
- BE 0786.358.511
- Registered office
- Dikkebusseweg 553, 8900 Ieper
- Names & denominations
- Denolf Giel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2022
- Peppol
- Active · Active since 11 Jul 2024
- Activities · NACE
Schrijnwerk
Dakwerkzaamheden