Financials
Financial year 2025
DR. ETHEL BALEMANS from Kortrijk, company number BE0808161933, closed financial year 2025 with a result of € 33,566 after tax. For that financial year DR. ETHEL BALEMANS recorded a gross margin of € 68,499 and equity of € 210,613. Compared with financial year 2024, the result moved from € 30,243 to € 33,566. 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 June 12, 2026.
€ 210,613
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,566
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 49,145
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 74,799 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 4,050
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 49,644
▼ 23% vs 2024
€ 14,464 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,643
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,640
▼ 37% 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 | € 110,079 | € 103,513 | € 62,116 | € 68,499 | ▲ 10% |
| Profit after taxes | € 61,257 | € 59,187 | € 30,243 | € 33,566 | ▲ 11% |
| Equity | € 220,351 | € 277,872 | € 251,846 | € 210,613 | ▼ 16% |
| Total debts | € 247,226 | € 115,650 | € 130,218 | € 161,995 | ▲ 24% |
| Cash | € 235,641 | € 71,584 | € 54,115 | € 49,145 | ▼ 9% |
| Land & buildings | € 96,000 | € 89,600 | € 83,200 | € 76,800 | ▼ 8% |
| Retained profit | € 207,951 | € 265,472 | € 239,446 | € 198,213 | ▼ 17% |
| Dividend | € 104,625 | € 1,666 | € 56,269 | € 74,799 | ▲ 33% |
| Bank debt | € 93,006 | € 73,525 | € 64,132 | € 49,644 | ▼ 23% |
| Balance sheet total | € 467,576 | € 393,522 | € 382,064 | € 372,608 | ▼ 2% |
Key figures of DR. ETHEL BALEMANS, 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 DR. ETHEL BALEMANS?
What happened at DR. ETHEL BALEMANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,566 (▲ 11% vs 2024). Source: NBB ↗
- Kurt Nevens became a director. NBB
- Ethel Balemans became a director. NBB
- New establishment in Kortrijk. KBO
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,257 profit in 2022 to € 33,566 profit in 2025.
Paid € 72,522 in corporate taxes since 2022.
Best year ever: 2022, with € 61,257 profit.
Paid out € 237,359 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 DR. ETHEL BALEMANS are Kurt Nevens and Ethel Balemans.
Directors
According to the 2025 annual accounts
Kurt Nevens
Director
since 2021
Ethel Balemans
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Jan Van Eyckstraat(Mar) 13
8510 Kortrijk
President Kennedylaan(Kor) 4
8500 Kortrijk
Active since 3 December 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0808.161.933
- VAT number
- BE 0808.161.933
- Registered office
- Jan Van Eyckstraat(Mar) 13, 8510 Kortrijk
- Names & denominations
- DR. ETHEL BALEMANS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2008
- Peppol
- Active · Active since 27 Mar 2025