Financials
Financial year 2025
Espada from Ingelmunster, company number BE0787580513, closed financial year 2025 with a result of € 545,987 after tax. For that financial year Espada recorded a gross margin of € 603,919 and equity of € 740,437. Compared with financial year 2024, the result moved from € 533,079 to € 545,987. Profitable, and profit is growing. 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 July 31, 2026.
€ 740,437
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 545,987
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 105,069
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 916,317 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 8,549
▼ 32% 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.
€ 8,270
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,121
▼ 85% 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 | € 180,639 | € 581,504 | € 713,445 | € 603,919 | ▼ 15% |
| Profit after taxes | € 138,818 | € 433,870 | € 533,079 | € 545,987 | ▲ 2% |
| Equity | € 143,818 | € 577,688 | € 1,110,767 | € 740,437 | ▼ 33% |
| Total debts | € 82,640 | € 173,642 | € 252,448 | € 51,935 | ▼ 79% |
| Cash | € 136,124 | € 158,222 | € 415,344 | € 105,069 | ▼ 75% |
| Land & buildings | - | - | € 113,134 | € 127,724 | ▲ 13% |
| Retained profit | € 138,818 | € 572,688 | € 1,105,767 | € 735,437 | ▼ 33% |
| Dividend | € 0 | € 0 | € 0 | € 916,317 | |
| Balance sheet total | € 226,457 | € 751,330 | € 1,363,215 | € 792,372 | ▼ 42% |
Key figures of Espada, 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 Espada?
What happened at Espada in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 545,987 (▲ 2% vs 2024). Source: NBB ↗
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 138,818 profit in 2022 to € 545,987 profit in 2025.
Paid € 516,156 in corporate taxes since 2022.
Best year ever: 2025, with € 545,987 profit.
Paid out € 916,317 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
Behind Espada is Stijn Vanneste. Stijn Vanneste is also behind STOW INTERNATIONAL.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Duikerstraat 4
8770 Ingelmunster
Duikerstraat 42
8770 Ingelmunster
Active since 23 June 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0787.580.513
- VAT number
- BE 0787.580.513
- Registered office
- Duikerstraat 4, 8770 Ingelmunster
- Names & denominations
- Espada
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2022
- Peppol
- Active · Active since 12 Feb 2025
- Activities · NACE
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