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.
| 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% |
By gross margin, Espada ranks 3rd of 33 companies with main activity “Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies” in Ingelmunster that publish figures (fiscal year 2025).
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.
Ask about Espada the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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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 ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Ingelmunster. 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.
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.
Similar companies in Ingelmunster
Same main activity (Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies), 50 active companies in Ingelmunster, largest first.
€ 2 million gross margin · 2025
€ 1.6 million revenue · 2025
€ 1.3 million gross margin · 2025
€ 542,314 gross margin · 2025
€ 384,000 revenue · 2025
€ 338,107 revenue · 2025
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 ↗- Vanneste Stijn Robert Jozef(oprichter) 100%
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
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van holdings
Overige zakelijke dienstverlening, neg
Holdings