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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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
37 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Grondvennootschap Veertien from Schilde, company number BE0799733029, closed financial year 2025 with a result of € 12,445 after tax. For that financial year Grondvennootschap Veertien recorded a gross margin of € 99,557 and equity of € 14,512. Compared with financial year 2024, the result moved from € 2,067 to € 12,445. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 14,512
▲ € 12,445 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,445
▲ € 10,378 vs 2024
Profit after tax over the fiscal year.
€ 33,759
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 14,512.
Debts at end 2025
€ 1.8 million
▲ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 26
Supplier invoices still open on the last day of the fiscal year.
€ 4,530
▲ € 3,756 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 271,596 | € 99,557 | ▼ 63% |
| Profit after taxes | € 2,067 | € 12,445 | ▲ € 10,378 |
| Equity | € 2,067 | € 14,512 | ▲ € 12,445 |
| Total debts | € 2,435,399 | € 2,566,335 | ▲ 5% |
| Cash | - | € 33,759 | |
| Retained profit | € 2,067 | € 14,512 | ▲ € 12,445 |
| Bank debt | € 1,763,100 | € 1,835,340 | ▲ 4% |
| Balance sheet total | € 2,437,466 | € 2,580,847 | ▲ 6% |
Key figures of Grondvennootschap Veertien, fiscal years 2024 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 Grondvennootschap Veertien?
What happened at Grondvennootschap Veertien in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,445 (▲ € 10,378 vs 2024). Source: NBB ↗
- PADOXA NV became a director. NBB
- Bibi Fashion NV stepped down as director. NBB
- Painblanc Consult BV became a director. NBB
- New establishment in Schilde. KBO
- Bibi Fashion NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,067 profit in 2024 to € 12,445 profit in 2025.
Paid € 5,305 in corporate taxes since 2024.
Best year ever: 2025, with € 12,445 profit.
Management
The stake of Bermaso comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Grondvennootschap VeertienBehind Grondvennootschap Veertien are PADOXA NV and Painblanc Consult BV. The shares are held by Bermaso (100%).
Directors
According to the 2025 annual accounts
Director · represented by Xavier Painblanc
Also active at: INTERWAC, Bermaso, FIVE 2 TEN BELGIUM, Grondvennootschap XG, XG Projectontwikkeling, Bouw & Promotie Neerhof, Bouw en Promotie Veertien
since 2026
Director · represented by Bernard Painblanc
Also active at: Bermaso V, Bermaso IV, INTERWAC, BIBI FASHION, VITAMO, Bermaso, FIVE 2 TEN BELGIUM, Grondvennootschap XG +7 more
since 2024
Director · represented by Xavier Painblanc
Also active at: Bermaso V, DE LINDE, Bermaso IV, INTERWAC, MIFRECO, PADOXA, Autobedrijf Stockmans en Partners, VITAMO +37 more
since 2023 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wijnegemsteenweg 22 box 1
2970 Schilde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 37 companies are registered at this address.
All companies at this address →Molenveld Uitbreiding
€ 8,023 gross margin · 2025
INTERWAC same network
€ 323,352 gross margin · 2025
FITRACO
€ 79,126 gross margin · 2025
PADOXA same network
€ -4,372 gross margin · 2026
POLYTROPHYS
€ 88,270 gross margin · 2025
+32 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0799.733.029
- VAT number
- BE 0799.733.029
- Registered office
- Wijnegemsteenweg 22 bus 1, 2970 Schilde
- Names & denominations
- Grondvennootschap Veertien
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2023
- Peppol
- Active · Active since 7 Jan 2026