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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
De Vleugel from Tielt, company number BE0795548765, closed financial year 2025 with a result of € 110,446 after tax. For that financial year De Vleugel recorded a gross margin of € 189,769 and equity of € -43,218. Compared with financial year 2024, the result moved from € -155,664 to € 110,446. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 11, 2026.
€ -43,218
▲ € 110,446 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 110,446
▲ still € 155,664 loss in 2024
Profit after tax over the fiscal year.
€ 2,676
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -45,218.
People and assets in 2025
€ 7,388
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 622,971
▲ 21% vs 2024
€ 87,510 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 738
Supplier invoices still open on the last day of the fiscal year.
€ 192
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 31,777 | € 189,769 | ▲ € 157,992 |
| Profit after taxes | € -155,664 | € 110,446 | ▲ € 266,110 |
| Equity | € -153,664 | € -43,218 | ▲ € 110,446 |
| Total debts | € 947,072 | € 1,153,451 | ▲ 22% |
| Cash | € 1,946 | € 2,676 | ▲ 38% |
| Land & buildings | € 790,997 | € 1,088,315 | ▲ 38% |
| Retained profit | € -155,664 | € -45,218 | ▲ € 110,446 |
| Bank debt | € 514,069 | € 622,971 | ▲ 21% |
| Balance sheet total | € 793,408 | € 1,110,233 | ▲ 40% |
Key figures of De Vleugel, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to De Vleugel?
What happened at De Vleugel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 110,446. Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 155,664 loss in 2024 to € 110,446 profit in 2025.
Best year ever: 2025, with € 110,446 profit.
Establishments
Establishment units
Physical locations of this company
Tramstraat 40
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0795.548.765
- VAT number
- BE 0795.548.765
- Registered office
- Tramstraat 40, 8700 Tielt
- Names & denominations
- De Vleugel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2022
- Peppol
- Not registered