Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FLOORMASTERS from Oostende, company number BE0795175316, closed financial year 2025 with a result of € 221,014 after tax. For that financial year FLOORMASTERS recorded a gross margin of € 503,869 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 256,635 to € 221,014. The company is profitable. 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 June 24, 2026.
€ 1.1 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 221,014
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 312,917
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 163,258 paid out
74 % of the profit went to the shareholders, mostly to VASTGOEDGROEP DEGROOTE (100 % of the shares). That is where the money ends up.
People and assets in 2025
2.5
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 157,464
▼ 16% vs 2024
€ 63,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 41,284
▼ 29% 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.
€ 188,918
▲ 144% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,817
▲ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 703,943 | € 566,807 | € 503,869 | ▼ 11% |
| Profit after taxes | € 352,240 | € 256,635 | € 221,014 | ▼ 14% |
| Equity | € 1,294,346 | € 1,069,745 | € 1,110,559 | ▲ 4% |
| Total debts | € 343,661 | € 593,116 | € 672,250 | ▲ 13% |
| Cash | € 454,397 | € 244,077 | € 312,917 | ▲ 28% |
| Retained profit | € 1,260,641 | € 1,036,039 | € 1,076,853 | ▲ 4% |
| Dividend | € 200,000 | € 440,000 | € 163,258 | ▼ 63% |
| Balance sheet total | € 1,638,007 | € 1,662,861 | € 1,782,810 | ▲ 7% |
| Employees (FTE) | 1.8 | 2.8 | 2.5 | ▼ 0.3 |
Key figures of FLOORMASTERS, fiscal years 2023 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 FLOORMASTERS?
What happened at FLOORMASTERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 221,014 (▼ 14% vs 2024). Source: NBB ↗
- New establishment in Bredene. KBO
- Start of the company according to the CBE. KBO
- VASTGOEDGROEP DEGROOTE BV became a director. NBB
In short
From € 352,240 profit in 2023 to € 221,014 profit in 2025.
Paid € 286,216 in corporate taxes since 2023.
Best year ever: 2023, with € 352,240 profit.
On average € 201,500 of value added per employee in 2025.
Management
The stake of VASTGOEDGROEP DEGROOTE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FLOORMASTERSBehind FLOORMASTERS is VASTGOEDGROEP DEGROOTE BV. The shares are held by VASTGOEDGROEP DEGROOTE (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jan Degroote
Also active at: DEGROOTE REAL ESTATE DEVELOPMENT, DEGROOTE HARBOUR DEVELOPMENT, Degroote Real Estate Construct, Investments Degroote, DEGROOTE HARBOUR CONSTRUCT, SKY PARKING REAL ESTATE, SKY BAR REAL ESTATE, SKY HOTEL REAL ESTATE +3 more
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leopold III-laan 1
8400 Oostende
Brugsesteenweg 101
8450 Bredene
Active since 21 December 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →DEGROOTE REAL ESTATE DEVELOPMENT same network
€ 37.9 million revenue · 2025
DEGROOTE HARBOUR DEVELOPMENT same network
€ 9.9 million revenue · 2025
Degroote Real Estate Construct same network
€ 28.4 million revenue · 2025
Investments Degroote same network
€ 1 million revenue · 2025
DEGROOTE HARBOUR CONSTRUCT same network
€ 25.4 million revenue · 2025
+9 more
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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0795.175.316
- VAT number
- BE 0795.175.316
- Registered office
- Leopold III-laan 1, 8400 Oostende
- Names & denominations
- FLOORMASTERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2022
- Peppol
- Active · Active since 23 Oct 2025
- Contact
- floormasters.be
- Activities · NACE
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